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19-Feb-2019

Ophthalmic Drugs Market Key Players, Competitive Strategies, Regional Analysis Forecast 2028

An ophthalmic drugs are medication used to treat eye infections. Ophthalmic drug forms have been one of the most important and widely developed areas of pharmaceutical technology over the few years.

The global ophthalmic drugs market is expected to register significant growth in the forecoming years. Major factors driving growth of the global ophthalmic drugs markets are, increasing prevalence and incidences of eye related disease across the globe. In addition, growing population, government initiatives, favorable reimbursement policies, higher healthcare expenditure, growing awareness regarding eyes related diseases and disorders are the other factors expected to drive the growth of the target market over the forecast period.

The global ophthalmic drugs market report has been segmented on the basis of diseases indication, therapeutic class, distribution channel, and region.

On the basis of diseases indication, the global market has been segmented into dry eye, glaucoma, infection/inflammation, retinal disorders, allergy, uveitis, and others. On the basis of therapeutic class, the global market has been segmented into anti-inflammatory drugs, anti-infective drugs, anti-glaucoma drugs, anti-allergy drugs, anti-VEGF agents, others. On the basis of distribution channel, the global market has been segmented into hospital pharmacies, online pharmacies, and independent pharmacies & drug stores. On the basis of region, the global ophthalmic drugs markets segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

In 2018, North America ophthalmic drugs market is expected to account for major share in the global market in terms of revenue, and is expected to maintain its dominance over the forecast period, due to developed medical facilities, rising health care expenditure, and growing incidences of POAG disease in the region. However, Asia Pacific ophthalmic drugs market is projected to register highest CAGR in the next five years, due to rising awareness regarding ophthalmic diseases and developing medical technologies in countries in the region.

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Key players operating in the global ophthalmic drugs market includes Santen Pharmaceutical Co., Ltd., Bausch & Lomb Inc. (Valeant Pharmaceuticals International, Inc.), Shire Plc, Alcon (Novartis AG), Genentech, Inc., Allergan, Plc, Sun Pharmaceutical Industries Limited, Actavis Generics (Teva Pharmaceutical Industries Ltd.), Regeneron Pharmaceuticals, Inc., and Pfizer Inc.

An Aim of Global Market report is as follows:

-To gives market insight across the world.
-To calculate and forecast the market on the basis of various segments.
-To provides market size and foreseen up to 2028 for overall market relevant to key regions.
-To study market dynamics influencing the market during the projection period 2019-2028 i.e. opportunities, risk, threats, drivers, restriction, and current/future trend.
-To offers broad SWOT analysis for all regions included in the report.
-To overview on major players performing in the industry along with their PESTEL study and market policies.

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Last Updated: 19-Feb-2019