Ophthalmic Drugs Market is Expected to Reach USD 21.6 Billion Globally in 2018 - 1 views

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  #1 Alina John on 09 Jul 15

   

  According to a new market report published by Transparency Market Research Ophthalmic Drugs Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2018, the global ophthalmic drugs market was valued at USD 16 billion in 2012 and is expected to grow at a CAGR of 5.2% from 2013 to 2018, to reach an estimated value of USD 21.6 billion in 2018.
  
  Globally, the ophthalmic drugs market is witnessing significant growth due to increasing prevalence of eye disorders such as diabetic retinopathy and macular degeneration. As a result, this market is expected to grow at a CAGR of about 5.2% during 2013 - 2018.
  
  Browse the full Ophthalmic Drugs Market report at http://www.transparencymarketresearch.com/ophthalmic-drugs-market.html
  
  Some of the key driving factors for the ophthalmic drugs market are rising prevalence of global aging population, increasing government initiatives towards healthcare infrastructure in developing countries (such as India and China), technological changes in drug delivery technique, and increasing prevalence of lifestyle associated diseases. However, the market faces some restraints such as lack of awareness among people regarding eye disorders, drying pipeline of ophthalmic drugs, patent expiration of blockbuster ophthalmic drugs and absence of health insurance in developing countries.
  
  North America, including the US has the largest ophthalmic drugs market. Asia is the fastest growing ophthalmic drugs market. Some of the fastest growing markets for ophthalmic drugs are China, India, other countries in South East Asia and the Eastern Mediterranean. As per WHO estimates in 2010, in the next nine years, the number of blind people aged 50 years and above will grow in these regions, thereby increasing the demand for ophthalmic drugs. On the other hand, in developed regions such as North America and Western Europe, rising efforts towards prevention of blindness among the aging population has emerged as a key driver for the market.
  
  Glaucoma has the largest market share in the ophthalmic drugs market and it is expected to grow at a CAGR of about 4.2% during 2013 - 2018. Various ophthalmic drug companies are increasing their focus on combination therapy, which involves use of more than one medication for specific retinal disorders. Most of these combination therapies are used as first line treatment in patients with high level of intraocular pressure. Combination therapy has various advantages over traditional medication such as reduced frequency of eye drop application, improved patient compliance and efficacy.
  
  Browse the full Press Release : http://www.transparencymarketresearch.com/pressrelease/ophthalmic-drugs-market.htm
  
  
  Novartis (Alcon) is the leading player in the global ophthalmic drugs market with a share of about 24% in 2012. Other major players of ophthalmic drugs
  market include Allergan, Santen, Pfizer, Merck and Roche and others.
  
  
  The global ophthalmic drugs market is segmented as follows:
  
  Ophthalmic Drugs Market, By Treatment Drugs
  Dry Eye Drugs
  Retinal Drugs
  Anti-inflammatory/allergy/infective Drugs
  Anti-glaucoma Drugs
  Ophthalmic Drugs Market, By Types
  Prescription Drugs
  OTC Drugs
  Ophthalmic Drugs Market, by Geography
  North America
  U.S.
  Europe
  Germany
  U.K.
  France
  Asia Pacific
  Japan
  China
  India
  Rest of the World (RoW)
  
  Request a Brochure of this Report: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1769
  
  
  About Us
  
  Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information.
  
  Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
  
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  State Tower,
  90 State Street,
  Suite 700,
  Albany NY - 12207
  United States
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  Email: sales@transparencymarketresearch.com
  Website: http://www.transparencymarketresearch.com/

   

  <div class="cArrow"> </div><div class="cContentInner">According to a new market report published by Transparency Market Research Ophthalmic Drugs Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2018, the global ophthalmic drugs market was valued at USD 16 billion in 2012 and is expected to grow at a CAGR of 5.2% from 2013 to 2018, to reach an estimated value of USD 21.6 billion in 2018. <br /> <br /> Globally, the ophthalmic drugs market is witnessing significant growth due to increasing prevalence of eye disorders such as diabetic retinopathy and macular degeneration. As a result, this market is expected to grow at a CAGR of about 5.2% during 2013 - 2018. <br /> <br /> Browse the full Ophthalmic Drugs Market report at <a href="http://www.transparencymarketresearch.com/ophthalmic-drugs-market.html" rel="nofollow" target="_blank">http://www.transparencymarketresearch.com/ophthalmic-drugs-market.html</a> <br /> <br /> Some of the key driving factors for the ophthalmic drugs market are rising prevalence of global aging population, increasing government initiatives towards healthcare infrastructure in developing countries (such as India and China), technological changes in drug delivery technique, and increasing prevalence of lifestyle associated diseases. However, the market faces some restraints such as lack of awareness among people regarding eye disorders, drying pipeline of ophthalmic drugs, patent expiration of blockbuster ophthalmic drugs and absence of health insurance in developing countries. <br /> <br /> North America, including the US has the largest ophthalmic drugs market. Asia is the fastest growing ophthalmic drugs market. Some of the fastest growing markets for ophthalmic drugs are China, India, other countries in South East Asia and the Eastern Mediterranean. As per WHO estimates in 2010, in the next nine years, the number of blind people aged 50 years and above will grow in these regions, thereby increasing the demand for ophthalmic drugs. On the other hand, in developed regions such as North America and Western Europe, rising efforts towards prevention of blindness among the aging population has emerged as a key driver for the market. <br /> <br /> Glaucoma has the largest market share in the ophthalmic drugs market and it is expected to grow at a CAGR of about 4.2% during 2013 - 2018. Various ophthalmic drug companies are increasing their focus on combination therapy, which involves use of more than one medication for specific retinal disorders. Most of these combination therapies are used as first line treatment in patients with high level of intraocular pressure. Combination therapy has various advantages over traditional medication such as reduced frequency of eye drop application, improved patient compliance and efficacy. <br /> <br /> Browse the full Press Release : <a href="http://www.transparencymarketresearch.com/pressrelease/ophthalmic-drugs-market.htm" rel="nofollow" target="_blank">http://www.transparencymarketresearch.com/pressrelease/ophthalmic-drugs-market.htm</a> <br /> <br /> <br /> Novartis (Alcon) is the leading player in the global ophthalmic drugs market with a share of about 24% in 2012. Other major players of ophthalmic drugs <br /> market include Allergan, Santen, Pfizer, Merck and Roche and others. <br /> <br /> <br /> The global ophthalmic drugs market is segmented as follows: <br /> <br /> Ophthalmic Drugs Market, By Treatment Drugs <br /> Dry Eye Drugs <br /> Retinal Drugs <br /> Anti-inflammatory/allergy/infective Drugs <br /> Anti-glaucoma Drugs <br /> Ophthalmic Drugs Market, By Types <br /> Prescription Drugs <br /> OTC Drugs <br /> Ophthalmic Drugs Market, by Geography <br /> North America <br /> U.S. <br /> Europe <br /> Germany <br /> U.K. <br /> France <br /> Asia Pacific <br /> Japan <br /> China <br /> India <br /> Rest of the World (RoW) <br /> <br /> Request a Brochure of this Report: <a href="http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1769" rel="nofollow" target="_blank">http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1769</a> <br /> <br /> <br /> About Us <br /> <br /> Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. <br /> <br /> Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports. <br /> <br /> Contact <br /> <br /> Mr.Nachiket <br /> State Tower, <br /> 90 State Street, <br /> Suite 700, <br /> Albany NY - 12207 <br /> United States <br /> USA - Canada Toll Free: 866-552-3453 <br /> Email: sales@transparencymarketresearch.com <br /> Website: <a href="http://www.transparencymarketresearch.com/" rel="nofollow" target="_blank">http://www.transparencymarketresearch.com/</a></div>

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