Ophthalmic Drugs Market Overview
The ophthalmic drugs market is anticipated to grow rapidly at a CAGR of 5.1% during the forecast period. The global ophthalmic drugs market share is driven by increased investment in the development of new medicines and increased support for ophthalmic drug testing. These factors have helped shape the ophthalmic drugs market and are expected to boost the growth. Companies in the ophthalmic drugs market could also face challenges such as underdeveloped healthcare infrastructure in developing countries. The details covered in the ophthalmic drugs market report cover all the aspects of the industry. Ophthalmic drugs market analysts have also shared growth projections in the report and have suggested ophthalmic drugs market players to plan growth strategies accordingly.
Ophthalmic Drugs Market Key Players
The Key Players operating in the Global Ophthalmic Drugs Market are
Novartis AG (NVSEF)
F. Hoffmann-La Roche AG
Bausch Health Companies Inc.(BHC)
Bayer AG (BAYZF)
Merck & Co. Inc. (MRK)
Regeneron Pharmaceuticals Inc.(REGN)
Aerie Pharmaceuticals Inc. (AERI)
Santen Pharmaceutical Co., Ltd.(SNPHF)
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Ophthalmic Drugs Market Segmentation
The global ophthalmic drugs market has been segmented based on indication, drug class, dosage form, and product type. On the basis of indication, the market for ophthalmic drugs is segmented based on dry eye, eye allergy, retinal disorder, glaucoma, and others. Additionally, the market on the basis of drug class, is segmented into antibiotics, anti-inflammatory, anti-glaucoma and others. The global market for ophthalmic drugs is also covered based on dosage form segment which is further split into eye drops, eye ointments, eye solutions, gels, capsules & tablets and others. And based on product type, the market is segmented into prescription drugs and OTC drugs.
Factors like increased frequency and incidence of eye-related illnesses and new product launch, support the ophthalmic drugs market growth. The performance of the ophthalmic drugs market has also been studied for the past and current years. Additionally, the ophthalmic drugs market report provides analysis of these segments. The ophthalmic drugs market segmental analysis provided in the report offers major details about the ophthalmic drugs market performance and future.
Ophthalmic Drugs Market Regional Overview
Companies in the ophthalmic drugs market are spread across the world. The ophthalmic drugs market report provides major information about regional markets of North America, Europe, Asia-Pacific (APAC), and the rest of the world. The North American ophthalmic drugs market has many companies across the United States, Canada, and Mexico. Europe has companies in the ophthalmic drugs market across Germany, France, Spain, Italy, and the United Kingdom. A detailed analysis of the ophthalmic drugs market across India, China, and Japan in the Asia-Pacific region is also presented in the report. The ophthalmic drugs market of the Middle East, Africa, and other regions has also been studied by analysts. The regional analysis of the ophthalmic drugs market can be found in the market research report.
Ophthalmic Drugs Market Competitive Landscape
The ophthalmic drugs market is supported by mergers and acquisitions and other expansion strategies being implemented by major players. The population growth around the world and increasing demand of ophthalmic drugs market based services and products also support the market growth. However, the ophthalmic drugs market growth can be affected due to low per capita disposable income in the Middle East and Africa region. The report covers all such details which will help companies in the ophthalmic drugs market to strengthen their business plan and improve their product portfolio. The ophthalmic drugs market research report also provides company profiles of major companies. The company profiles of many organizations operating in the ophthalmic drugs market report highlights crucial details like company size, revenue growth, and details of mergers and acquisitions taking place in the ophthalmic drugs market. New companies and established businesses can plan their strategies based on this data provided in the ophthalmic drugs market research report.
Ophthalmic Drugs Industry News
EyeGate Pharmaceuticals, Inc. a medical business based on creating drugs for the treatment of vision problems, today completed the formation of Panoptes Pharma ('Panoptes'), a privately held biotech clinical-stage report focuses on the production of a novel patented particular protein for the treatment of acute eye conditions with a highly unmet therapeutic substance.
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Published by Tanuja Kulkarni