The Business Research Company’s latest report Ophthalmology Drugs Global Market Report 2020 covers Ophthalmology Drugs market drivers, Ophthalmology Drugs market trends, Ophthalmology Drugs market segments, Ophthalmology Drugs market growth rate, Ophthalmology Drugs market major players, and Ophthalmology Drugs market size. The report provides in-depth analysis of the impact of COVID-19 on the Ophthalmology Drugs industry, along with revised market numbers due to the effects of the coronavirus.
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Ophthalmology 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 ophthalmology drugs market is expected to decline from $24,640.0 million in 2019 to $19,831.3 million in 2020 at a compound annual growth rate (CAGR) of -19.5%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 44.6% from 2021 and reach $33,272.8 million in 2023. The market is expected to grow at a CAGR of 7.2% to nearly $38,223.53 million by 2025, and at a CAGR of 7.0% to $53,698.87 million by 2030.
The report covers the Ophthalmology Drug market’s segments-
1) By Drug Type: Antiglaucoma Drugs, Dry Eye Medication, Other Ophthalmology Drugs
2) By Prescription Type: OTC Drugs, Prescription Drugs
3) By Description Channel: Hospital Pharmacies, Eye Health Clinics, Retail Pharmacies, Online Pharmacies
4) By Drug Variation: Branded Drugs, Generic Drugs
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