Glaucoma Therapeutics Market Is Expected to Reach Us$ 10 Bn

The glaucoma therapeutics market revenue will likely total US$ 6.6 Bn for 2021, according to Fact.MR. Overall, the market is expected to reach US$ 10 Bn by 2031, expanding 1.5x across the forthcoming decade. Demand for beta-blockers drug class will accelerate, anticipated to register a CAGR of 4.7% from 2021-2031.

According to Fact.MR, a market research and competitive intelligence provider, from 2016 to 2020, the global market for glaucoma therapeutics has grown at a CAGR of almost 2.8%. Recent advancements in therapeutic interventions, such as the adoption of minimally invasive surgical techniques, have boded well for market growth in the said historical period.

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Key Points Addressed in Glaucoma Therapeutics Industry Analysis

• Market Estimates and Forecasts (2016-2031)

• Key Drivers and Restraints Shaping Market Growth

• Segment-wise, Country-wise, and Region-wise Analysis

• Competition Mapping and Benchmarking

• Brand Share and Market Share Analysis

• Key Product Innovations and Regulatory Climate

• COVID-19 Impact on glaucoma therapeutics and How to Navigate

• Recommendation on Key Winning Strategies

Key Segments Covered

• Drug Class

  • Prostaglandins

  • Beta Blockers

  • Alpha Agonists

  • Carbonic Anhydrase Inhibitors

  • Combination Medications

  • Cholinergic Medications

• End User

  • Hospitals

  • Ophthalmic Clinics

  • Ambulatory Surgical Centers

What insights does the glaucoma therapeutics report provide to the readers?

• Glaucoma therapeutics fragmentation on the basis of product type, end use, and region.

• Comprehensive assessment of upstream starting materials, downstream demand, and present market landscape.

• Collaborations, R&D projects, acquisitions, and product launches of each glaucoma therapeutics player.

• Various regulations imposed by the governments on the consumption of glaucoma therapeutics in detail.

• Impact of modern technologies, such as big data & analytics, artificial intelligence, and social media platforms on the global glaucoma therapeutics.

The report covers following Glaucoma therapeutics Market insights and assessment that are helpful for all participants involved in the Glaucoma therapeutics market:

• Data on recently introduced regulations and their impact on key industries and on demand in Glaucoma therapeutics

• Latest industry Analysis on Glaucoma therapeutics Market, with key analysis of market drivers, trends, and influencing factors

• Key trends Analysis of Glaucoma therapeutics Market and changing consumer preferences in major industries.

• Changing Glaucoma therapeutics demand and consumption of diverse products

• Major trends underlining funding by key investors in numerous countries

• New investment opportunities in diverse technology and product or service types

• Comprehensive data and Competitive analysis of Glaucoma therapeutics major players

• Glaucoma therapeutics Market sales in US will grow at a steady pace, driven by growing consumer confidence and economic recovery

• Glaucoma therapeutics demand forecast in Europe remains stable, as many countries such as UK, France, and Germany focus on boosting growth

Questionnaire answered in the glaucoma therapeutics report include:

• How the market for glaucoma therapeutics has grown?

• What is the present and future outlook of the global glaucoma therapeutics on the basis of region?

• What are the challenges and opportunities for the glaucoma therapeutics?

• Why the consumption of glaucoma therapeutics highest in region?

• In which year segment is expected to overtake segment?

Competitive Landscape

Strategic collaborations enable manufacturers to increase production and meet consumer demand which will increase revenue and market share. New products and technologies will enable end-users to benefit from products that are eco-friendly by nature. Key developments in the market are as follows:

• In May 2020, the U.S Food & Drug Administration approved Allergan Plc.’s DURYSTATM (bimatoprost implant) New Drug Application. The drug is amongst the first intracameral, sustained-release implant indicated to reduce intraocular pressure (IOP) in patients with open-angle glaucoma, or ocular hypertension

• In October 2021, Novartis AG pledged to work with partners all around the world to help eliminate preventable visual impairment and blindness by reimagining access to eye care. The company has partnered with the International Agency for the Prevention of Blindness during the World Sight Day to initiate the #LoveYourEyes campaign