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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 global Open Angle Glaucoma market Research Report 2023-2029 by Maximize Market Research provides a comprehensive and tailored analysis of the Open Angle Glaucoma industry, delving into the intricacies of market dynamics and trends on a global scale. The report focuses on examining the evolving market landscape and forecasting future developments within the specified time frame. Through meticulous research and analysis, the report offers valuable insights into the market’s growth potential, key drivers and challenges, competitive landscape, and emerging opportunities. By combining qualitative and quantitative data, the report aims to assist industry stakeholders, investors, and decision-makers in making informed choices and formulating effective strategies in the global Open Angle Glaucoma market.
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Market Scope:
The worldwide “Open Angle Glaucoma Market” study looks at important industry factors including progress, segmentation, growth prospects, opportunities, challenges, and competitive analysis. The segmentation analysis focuses on revenue and forecast by region, kind, and application for the period 2021-2027. This study investigates the market size, development status, and forecast, as well as a company profile. It also provides information on the competitive climate as well as data from the most important firms.
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
Key Players: The key players 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:
The research report is organised into sections based on area, manufacturer, type, and application. Each category provides output estimates for the years 2023 through 2029. Consumption by Application is also supplied for the forecasted period of 2021 to 2029. Understanding the categories helps determine the importance of numerous components that contribute to market growth.
COVID-19 Impact Analysis on Open Angle Glaucoma Market:
The research provides light on COVID-19 by considering changes in consumer behaviour and demand, purchasing patterns, supply chain re-routing, the dynamics of current market forces, and substantial government initiatives into account. Based on the market effect of COVID-19, the revised study provides insights, analysis, projections, and predictions.
Key Questions Answered in the Open Angle Glaucoma Market Report are:
- Which segment grabbed the largest share in the Open Angle Glaucoma market in 2023?
- How is the competitive landscape of the Open Angle Glaucoma market?
- Which are the key factors aiding the Open Angle Glaucoma market growth in the forecast period (2023-2029)?
- Which region held the maximum share in the Open Angle Glaucoma market in 2023?
- What will be the CAGR of the Open Angle Glaucoma market during the forecast period (2021-2029)?
Browse the Summary of the Research Report to Gain More Insights into the Market Analysis: https://www.maximizemarketresearch.com/market-report/open-angle-glaucoma-market/189238/
About Maximize Market Research:
Maximize Market Research is a leading market research and consulting firm with a team of professionals representing diverse industries. Our expertise spans across sectors such as medical devices, pharmaceuticals, science and engineering, electronic components, industrial equipment, technology, communication, automotive, chemicals, general merchandise, beverages, personal care, and automated systems. We provide a wide range of services including market-verified industry estimates, technical trend analysis, critical market research, strategic counsel, competitive analysis, production and demand analysis, and client impact studies. Our goal is to assist businesses in making informed decisions by delivering accurate insights and actionable recommendations in a rapidly evolving market landscape.
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