Ophthalmic drugs are the drugs that are used for the treatment of eye diseases and disorders. The ophthalmic drugs market is growing due to increase in prevalence of eye disorders and the use of combination therapies. Combination therapies have various advantages over traditional medication such as improved patient compliance and efficacy.
The drivers that support the growth of ophthalmic drug market are aging population, changing lifestyle, technological changes, and increase in healthcare spending. Lack of awareness among people regarding eye diseases and disorders, absence of health insurance in developing countries are some of the challenges faced by the ophthalmic drugs market.
Ophthalmic drug Market analysis by Treatment:
The market is segmented into Dry eye drugs, Retinal drugs, Anti-inflammatory/allergy/infective drugs, Anti-glaucoma drugs. Glaucoma has the largest market share in the ophthalmic drugs market.
Ophthalmic drug Market analysis by Type
Ophthalmic drug type market is segmented into Prescription drugs and OTC drugs.OTC drugs for ocular allergy and dry eye is rapidly growing.
Ophthalmic drug Market analysis by geography
Geographically, ophthalmic drug market is segmented into North America (US), Europe (Germany, UK, and France), Asia Pacific (Japan, India, and China), and LAMEA. North America has the largest ophthalmic drugs market. Asia is the fastest growing ophthalmic drugs market.
Key players in the market focus on product launch, research & new product development, and mergers & acquisition. Product launch, with new combination therapies is the most important strategy adopted by major players in market. Novartis (ALCON), Allergan, Santen, Pfizer, Merck and Roche are the major players in the global ophthalmic drugs market. ALCON launched ILEVRO Suspension used to reduce pain and inflammation resulting from cataract surgery.
High Level Analysis
Porter’s five forces model reveals that bargaining power of supplier is less due to low switching cost and bargaining power of buyers is high due to availability of substitute products. Threat of substitute is high due to similarity in therapeutic functioning. Business strategies adopted by key players are analyzed. SWOT analysis helps in understanding the internal and external factors required for strategic business planning.
This report analyses the factors that are driving and limiting the growth of the market
Market estimations are done according to the market trends for the period 2013-2018
Analysis of key strategies adopted by market players would assist in providing in-depth understanding of the market intelligence
In-depth analysis of segments such as targeted drug, type, and geography provides insights that would allow companies to gain competitive edge
Emphasis is laid on key factors affecting the growth of global ophthalmic drugs market. These factors are critically analyzed to reveal the most influencing factors in ophthalmic drugs market
The Ophthalmic drugs market is segmented based on Targeted drugs, Types and geography.
MARKET BY TARGETED DRUGS
MARKET BY GEOGRAPHY
SIMILAR MARKET STUDIES
Notes: Sales, means the sales volume of Antidiabetics Revenue, means the sales value of Antidiabetics This report studies sales (consumption) of Antidiabetics in Europe market, especially in Germany, France, UK, Russia, Italy, Spain and Benelux, focuses on top players in these countries, with sales, price, revenue and market share for each player in ...
February 2017 | $3900 | View Details >>
Summary MolMed S.p.A. (Molmed) is a medical biotechnology company. The company research, develops and clinically validates new therapies for the treatment of cancer. It conducts clinical trials on two distinct investigational therapies, which include NGR-hTNF for solid tumors, and TK for blood cancers. Molmeds TK is a cell therapy product for ...
May 2016 | $250 | View Details >>
Notes: Production, means the output of Intravascular Ultrasound Tool Revenue, means the sales value of Intravascular Ultrasound Tool This report studies Intravascular Ultrasound Tool in Global market, especially in North America, Europe, China, Japan, Southeast Asia and India, focuses on top manufacturers in global market, with production, price, revenue and market share for ...
December 2016 | $2900 | View Details >>
Gens report, Global Sunitinib Malate Industry Report 2016 provides detailed market and segment level data on the Global and Chinese consumption of Sunitinib Malate. The report provides historic, forecast and growth patterns by company, country and type/application from 2016 to 2021. This report delivers an extensive overview of Global Sunitinib Malate ...
December 2015 | $2800 | View Details >>
UPCOMING MARKET RESEARCH REPORTS
2017 © Copyright Big Market Research