The global antiglaucoma drugs market reached a value of nearly $6,591.8 million in 2019, having increased at a compound annual growth rate (CAGR) of 4.2% since 2015. The market is expected to decline from $6,591.8 million in 2019 to $5,191.2 million in 2020 at a rate of -21.2%. The decline is mainly due to lockdown and social distancing norms imposed by various countries and economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 5.0% to $6,659.2 million in 2021 and reach $ 7,345.6 million in 2023 at a CAGR of 2.7%. The market is expected to reach $8,089.0 million in 2025 at a CAGR of 4.9% and $10,767.9 million in 2030 at a CAGR of 5.9%.
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The antiglaucoma drugs market consists of sales of antiglaucoma drugs and related services by entities (organizations, sole traders and partnerships) that produce antiglaucoma drugs to treat glaucoma conditions. Glaucoma is a group of eye conditions that lead to damage of the optic nerve of the eye causing blindness and impaired vision. Some of the major drugs include Xalantan, Lumigan, and Travatan among others.
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The antiglaucoma drugs market report also gives in-depth analysis of the impact of COVID-19 on the market. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. A highly experienced and expert team of analysts and modelers provides market analysis and forecasts. The reports identify top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Some of the major players of the antiglaucoma drugs market are Allergen PLC., Novartis AG, Santen Pharmaceutical Co., Ltd., Akorn, Pfizer
The antiglaucoma drugs market is segmented by product type, disease condition type, prescription type and by geography.
By Product Type – The antiglaucoma drugs market can be segmented by product type
- a. Alpha Agonist
- b. Beta Blockers
- c. Prostaglandin Analogs
- d. Combined Medication
- e. Others
By Disease Condition Type –? The antiglaucoma drugs market can be segmented by disease condition type
- a. Open-Angle Glaucoma
- b. Angle-Closure Glaucoma
- c. Normal-Tension Glaucoma
- d. Congenital Glaucoma
- e. Other Types Of Glaucoma
By Prescription Type – The antiglaucoma drugs market can be segmented by prescription type
- a. OTC Drugs
- b. Prescription Drugs
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The antiglaucoma drugs market report describes and explains the global antiglaucoma drugs market and covers 2015 to 2020, termed the historic period, and 2020 to 2025 termed the forecast period, along with further forecasts for the period 2025-2030. The antiglaucoma drugs report evaluates the market across each region and for the major economies within each region.
The countries covered in the global antiglaucoma drugs market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global antiglaucoma drugs market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The Full Report Includes
- Executive Summary
- Report Structure
- Antiglaucoma Drugs Market Characteristics
- Antiglaucoma Drugs Market Product Analysis
- Antiglaucoma Drugs Market Supply Chain
- Key Mergers And Acquisitions In The Antiglaucoma Drugs Market
- Market Background: Machinery Manufacturing Market
- Copyright And Disclaimer
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