The Business Research Company’s latest report Antiglaucoma Drugs Global Market Report 2020 covers Antiglaucoma Drugs market drivers, Antiglaucoma Drugs market trends, Antiglaucoma Drugs market segments, Antiglaucoma Drugs market growth rate, Antiglaucoma Drugs market major players, and Antiglaucoma Drugs market size. The report provides in-depth analysis of the impact of COVID-19 on the Antiglaucoma Drugs industry, along with revised market numbers due to the effects of the coronavirus.
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Antiglaucoma Drugs Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
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The global antiglaucoma drugs market is expected to decline from $6.6 billion in 2019 to $5.2 billion in 2020 at a compound annual growth rate (CAGR) of -21.3%. The decline is mainly due to the COVID-19 outbreak and the measures to contain it. COVID-19 pandemic is affecting industries across the globe including the pharmaceutical sector. The restrictions on non-essential medical services including ophthalmology services coupled with slowed production of drugs due to extended factory closures in various countries, shortage of APIs and other chemicals, and rise in prices of key ingredients are the key factors for this decline. The market is then expected to recover and grow at a CAGR of 5% from 2021 and reach $8 billion in 2023.
The report covers the Antiglaucoma Drugs market’s segments-
1) By Product Type: Alpha Agonist, Beta Blockers, Prostaglandin Analogs, Combined Medication, Others
2) By Disease Condition Type: Open-Angle Glaucoma, Angle-Closure Glaucoma, Normal-Tension Glaucoma, Congenital Glaucoma, Other Types Of Glaucoma
3) By Type: Hospital Prescription Drugs, Over-The Counter Drugs
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