Open Angle Glaucoma Market Positioned for Notable Growth of USD 7.12 Million by 2030

PRESS RELEASE
Published August 10, 2023

Open Angle Glaucoma Market

The Open Angle Glaucoma market report is an informative manual which focuses on Open Angle Glaucoma market capacities and furthermore on the structure, and supplies guidance on enhancements and patterns. The report additionally distinguishes further accommodating and significant data about the Open Angle Glaucoma industry for the most part incorporates improvement pattern investigation, the venture return and plausibility examination. In addition, SWOT examination is reached out in the report to clarify the key worldwide market player’s development in the Open Angle Glaucoma industry. The report gives key insights and is an important wellspring of direction and heading for organizations and people intrigued by the business.

The Open Angle Glaucoma market report gives the most recent business data and industry future examples, empowering you to recognize the things and end customers driving income development and benefit. The business report records the primary contenders and gives the general Analysis of the key components influencing the market. The exploration investigators give an overwhelming depiction of the value chain and its trader examination. This Open Angle Glaucoma Market research report intends to give total data about Open Angle Glaucoma market, which improves the getting, augmentation and utilization of this report.

Data Bridge Market Research analyses a growth rate in the open angle glaucoma market in the forecast period 2023-2030. The expected CAGR of open angle glaucoma market is tend to be around 4% in the mentioned forecast period. The market was valued at USD 5.2 million in 2022, and it would grow upto USD 7.12 million by 2030. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

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As per the International Agency for the Prevention of Blindness: 2017, glaucoma is second top cause of blindness and main cause of irreversible blindness globally. The increasing elderly  population is one of the main factors for increasing incidence of glaucoma, which is anticipated to drive growth of the glaucoma therapeutics market in the near future. The increasing growth of open angle glaucoma market boosted by the rising cases of glaucoma and increase in R&D activities conducted by many pharmaceuticals’ companies

Key Growth Drivers:

  • Increase in Elderly Population

The elderly population is anticipated to increase the demand of the disease globally during the forecast period. As per the records of the WHO, the elderly population is anticipated to reach about 2 billion by 2050 from 617 million in 2015. Thus, this increasing population will suffer from more ocular disorders especially glaucoma. This boost the market growth.

  • Growing Demand for Oral Drugs

Oral drugs is anticipated to boost the market growth. The segment is projected to increase the global market as most of the products are available in capsule form and tablet form and it is a very feasible route of administration especially for the elderly population.

The report outlines the involvement of key players, including:

  • Aerie Pharmaceuticals, Inc. (U.S.)
  • Abbvie, Inc (U.S.)
  • Bausch Health Companies Inc (Canada)
  • Merck & Co. Inc. (U.S.)
  • Pfizer Inc. (U.S.)
  • Fera Pharmaceuticals (U.S.)
  • Teva Pharmaceutical Industries Ltd. (Israel)
  • EyePoint Pharmaceuticals,Inc (U.S.)
  • Amorphex Therapeutics Holdings, Inc (U.S.)
  • Kubota Vision Inc (U.S.)

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Key Market Segmentation

Type

  • Closed Angle Glaucoma (CAG)
  • Open Angle Glaucoma (OAG)
  • Secondary Glaucoma
  • Congenital Glaucoma
  • Others

Drug Class

  • Beta Blockers
  • Prostaglandins
  • Alpha Adrenergic Agonist
  • Carbonic Anhydrase Inhibitors
  • Combination Drugs
  • Others

End User

  • Hospitals
  • Homecare
  • Specialty Clinics
  • Others

Distribution Channel

  • Hospital Pharmacy
  • Online Pharmacy
  • Retail Pharmacy

The Open Angle Glaucoma market report includes the following countries in different regions:

The regions mentioned above encompass a comprehensive coverage of key markets, offering a global perspective on the market landscape. Here’s an overview of the regions and the countries they include:

  1. North America: United States, Canada, and Mexico.
  2. Europe: Germany, France, United Kingdom, Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, and other European countries.
  3. Asia-Pacific (APAC): China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, and other Asia-Pacific countries.
  4. Middle East and Africa (MEA): Saudi Arabia, United Arab Emirates (U.A.E), South Africa, Egypt, Israel, and other countries in the Middle East and Africa region.
  5. South America: Brazil, Argentina, and other countries in South America.

Asia-Pacific has been witnessing a huge growth for open angle glaucoma market throughout the forecasted period because of the strong repayment rules and high incidence of patient’s pool.

North America dominates the market because of the high incidences of glaucoma, and the economic stability which outcomes to increased healthcare spending. Additionally, huge population suffering from diabetes and other eye diseases.

TABLE OF CONTENTS

Part 01: Executive Summary

Part 02: Scope Of The Report

Part 03: Research Methodology

Part 04: Market Landscape

Part 05: Pipeline Analysis

Part 06: Market Sizing

Part 07: Five Forces Analysis

Part 08: Market Segmentation

Part 09: Customer Landscape

Part 10: Regional Landscape

Part 11: Decision Framework

Part 12: Drivers And Challenges

Part 13: Market Trends

Part 14: Vendor Landscape

Part 15: Vendor Analysis

Part 16: Appendix

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