AdvanceMarketAnalytics, a global market research and consulting organization, have released a new study titled "Ophthalmology Drugs market - Global outlook to 2026". Industries constant focus on reducing the operational cost and increased attention on core business, and need to improve scalability are expected to shape the Global Ophthalmology Drugs market to grow at a CAGR of %.
The Treatment based, such as Dry eye drugs, is boosting the Ophthalmology Drugs market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Surgery Device Type, such as Cataract Surgery Devices, is boosting the Ophthalmology Drugs market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
According to Analyst at AMA Research, the Global Ophthalmology Drugs market will experience significant growth during the forecast period due to potential opportunities lying in the market such as . Some of the important driving forces are Aging Population to Propel the Need for Ophthalmology Drugs, Increasing Prevalence Rates of Eye Diseases and Increased focus on combination therapies.
According to WHO, Ophthalmology is considered to be the most cause for blindness across the globe. This leading reason for preventable blindness is associated with chronic progressive optic neuropathy, which leads to irreversible vision loss via damage to the optic nerve. These Ophthalmology drugs help in preventing any disease related to eyes such as Cataracts, Retinal disorders, Macular degeneration, Diabetic eye problems, and Conjunctivitis, however, several commercially available therapies concentrate on curtailing elevated intraocular pressure, which is a known risk factor responsible for the development and progression of Ophthalmology.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Ophthalmology Drugs market by Type (Lucentis (Ranibizumab), Eylea (Aflibercept), Avastin (Bevacizumab), Restasis (Cyclosporine), Alphagan (Brimonidine Tartrate), Lumigan (Bimatoprost), Xalatan (Latanoprost) and Conclusion), by Application (Hospital Pharmacies, Retail Pharmacies, Drug Stores and Online Sales) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key trends (current and future) of the market