“Global Ophthalmic Drugs market set to grow to $32bn by 2024” says Visiongain report
15 August 2019
Visiongain has launched a new pharma report Pharma Leader Series: Top 30 Ophthalmic Drug Manufacturers 2019-2029: Retinal Disorder Drugs, Allergic, Inflammatory & Infective Drugs, Glaucoma Drugs, Dry Eye Drugs.
A specialist sector within the overall pharmaceutical industry, the ophthalmic drugs market is dominated by a relatively small number of companies. The market is relatively mature though with opportunities for growth in key therapeutic areas. Key patent expirations have affected revenues in this market in recent years, particularly in the glaucoma segment.
The lead analyst of the report commented "Successful harnessing of the opportunities for growth in the ophthalmic pharmaceuticals market will depend upon the development of novel products with technologies that increase clinical effectiveness and development of products for previously-untreated ophthalmic conditions. Products based on superior technology, particularly those technologies that increase clinical effectiveness or increase patient compliance, are more likely to succeed."
Leading companies featured in the report include Akorn, Allergan, Bayer, Novartis, Pfizer, Regeneron, Roche, Santen Pharmaceuticals, Senju, Valeant and other companies.
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