Open Angle Glaucoma Market Size Is Projected to Reach USD 11.9 Bn at a CAGR of 8% between 2023 and 2030
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Open Angle Glaucoma Market size was valued at USD 7.3 Bn in 2022 and the total Open Angle Glaucoma revenue is expected to grow by 8 % from 2023 to 2029, reaching USD 11.9 Bn.
Open Angle Glaucoma Market Overview:
The goal of this research is to give a comprehensive analysis of the Open Angle Glaucoma market Size by component, application, industry, and geography. The paper goes into great detail on the major variables impacting the growth of the Open Angle Glaucoma market Growth. The report also provides a thorough examination of the market's value chain.
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Market Scope:
The "Global Open Angle Glaucoma Market Analysis" is a detailed investigation of the Open Angle Glaucoma market Share, with a focus on global market trends and analysis. The goal of this research is to provide an overview of the Open Angle Glaucoma market as well as detailed market segmentation based on connection type, end-use, and geography. The Open Angle Glaucoma market is expected to grow substantially over the forecast period. The study contains critical information on the market positions of the leading Open Angle Glaucoma Industry players, as well as noteworthy industry trends and opportunities.
Secondary research is used to examine and forecast the Open Angle Glaucoma market Share, and it begins with sources that gather revenue data from important suppliers. When estimating market segmentation, vendor offerings are also taken into account. Using the income of key firms, the whole size of the Open Angle Glaucoma market Size was determined using the bottom-up technique.
Segmentation:
The open-angle glaucoma market is divided into two categories: open-angle glaucoma and angle closure glaucoma. In 2022, open-angle glaucoma will be the dominant segment. The most frequent type of glaucoma, accounting for a large portion of the market, is open-angle glaucoma. It is distinguished by a steady and painless rise in intraocular pressure caused by a blockage or ineffective drainage of fluid within the eye. If left untreated, this illness worsens slowly over time, resulting in optic nerve damage and potential eyesight loss. Chronic open-angle glaucoma necessitates long-term care to reduce intraocular pressure and avoid additional damage. Because to the increasing frequency of glaucoma worldwide, the open-angle glaucoma market has significant industry potential.
The market for open-angle glaucoma medications is divided into beta blockers, prostaglandins, alpha adrenergic agonists, carbonic anhydrase inhibitors, combination drugs, and others. Because of its efficiency in lowering intraocular pressure, prostaglandins controlled the open angle glaucoma market in 2022. Prostaglandins, such as latanoprost and bimatoprost, are extremely effective at increasing aqueous humour outflow through the uveoscleral route, resulting in decreased intraocular pressure. Because of their efficacy and tolerability, these medicines are commonly utilised as first-line therapy alternatives.
Open Angle Glaucoma Market, by Type (2022-2029)
Open Angle Glaucoma
Angle Closure Glaucoma
Open Angle Glaucoma Market, by Drug Class (2022-2029)
Beta Blockers
Prostaglandins,
Alpha Adrenergic Agonist
Carbonic Anhydrase Inhibitors,
Combination Drugs,
Others
Market, by Distribution Channel (2022-2029)
Hospital Pharmacies
Retail Pharmacies
Online Pharmacies
Market, by End User (2022-2029)
Hospitals
Homecare
Speciality Clinics
Open Angle Glaucoma Market, by region (2022-2029)
North America
Europe
Asia Pacific
Middle East and Africa
South America
- Global Open Angle Glaucoma Market: Research Methodology
- Global Open Angle Glaucoma Market: Executive Summary
- Market Overview and Definitions
- Introduction to Global Open Angle Glaucoma Market
- Summary
- Key Findings
- Recommendations for Investors
- Recommendations for Market Leaders
- Recommendations for New Market Entry
- Global Open Angle Glaucoma Market: Competitive Analysis
- MMR Competition Matrix
- Market Structure by region
- Competitive Benchmarking of Key Players
- Consolidation in the Market
- M&A by region
- Key Developments by Companies
- Market Drivers
- Market Restraints
- Market Opportunities
- Market Challenges
- Market Dynamics
- PORTERS Five Forces Analysis
- PESTLE
- Regulatory Landscape by region
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- South America
- COVID-19 Impact
- Global Open Angle Glaucoma Market Segmentation
- Global Open Angle Glaucoma Market, by Type (2023-2029)
- Global Open Angle Glaucoma Market, by Product (2023-2029)
- Global Open Angle Glaucoma Market, by Application (2023-2029)
- Global Open Angle Glaucoma Market, by End-User (2023-2029)
- Regional Open Angle Glaucoma Market(2023-2029)
- Regional Open Angle Glaucoma Market, by Type (2023-2029)
- Regional Open Angle Glaucoma Market, by Product (2023-2029)
- Regional Open Angle Glaucoma Market, by Application (2023-2029)
- Regional Open Angle Glaucoma Market, by End-User (2023-2029)
- Regional Open Angle Glaucoma Market, by Country (2023-2029)
- Company Profile: Key players
- Company Overview
- Financial Overview
- Global Presence
- Capacity Portfolio
- Business Strategy
- Recent Developments
Key Players:
The major players covered in the Open Angle Glaucoma market report are:
1.Allergan (now AbbVie) - United States
2.Pfizer Inc. - United States
3. Merck & Co., Inc. - United States
4.Johnson & Johnson - United States
5.Aerie Pharmaceuticals, Inc. - United States
6.Glaukos Corporation - United States
7.Reichert Technologies - United States
8.Diopsys, Inc. - United States
9.Quidel Corporation - United States
10. Ivantis, Inc. - United States
11. Sight Sciences, Inc. - United States
12. Novartis International AG – Switzerlan
13.Zeiss Group – Germany
14. Carl Zeiss Meditec AG – Germany
15.NICOX SA - France
16.Sensimed AG – Switzerland
17.Lumenis Ltd. – Israel
18. Santen Pharmaceutical Co., Ltd. – Japan
19.Otsuka Pharmaceutical Co., Ltd. - Japan
20. Senju Pharmaceutical Co., Ltd. – Japan
21.Nidek Co., Ltd. - Japan
22. Canon Medical Systems Corporation - Japan
Regional Analysis:
Global, North America, Europe, Asia-Pacific, the Middle East, Africa, and South America market share statistics are accessible individually. Analysts at Maximize evaluate competitive strengths and conduct competitive analysis for each competitor individually.
COVID-19 Impact Analysis on Open Angle Glaucoma Market:
The COVID-19 outbreak has affected industries such as aerospace and defence, agriculture, autos, retail and e-commerce, energy and power, healthcare, packaging, mining, electronics, banking, financial services, and insurance, among others. COVID-19 has had an influence on the Open Angle Glaucoma market as a whole, as well as the growth rate in 2019-2020 as the impact of COVID-19 spreads. Our most recent investigation, viewpoints, and pieces of administration expertise are vital to the firms and associations in the Open Angle Glaucoma sector, which is driving through the COVID-19 emergency to handle risk digitizing tasks in order to communicate trustworthy data and experiences to CEOs.
Key Questions Answered in the Open Angle Glaucoma Market Report are:
- Which segment grabbed the largest share in the Open Angle Glaucoma market?
- What is the competitive scenario of the Open Angle Glaucoma market in 2023?
- Which are the key factors responsible for the Open Angle Glaucoma market growth?
- Which region held the maximum share in the Open Angle Glaucoma market in 2023?
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