How Global Antiglaucoma Drugs Market Players Should Strategize For 2022-2031

20 May, 2022

The global antiglaucoma drugs market size is expected to grow from $12.76 billion in 2021 to $13.91 billion in 2022 at a compound annual growth rate (CAGR) of 9.0%. The growth in the market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The global antiglaucoma market size is expected to reach $18.62 billion in 2026 at a CAGR of 7.6%.

What is the Global Antiglaucoma Drugs Market?

The antiglaucoma drug market consists of sales of antiglaucoma drugs which are used in the treatment of glaucoma. Glaucoma is a disease in which the optic nerve is damaged resulting into irreversible loss of vision and it is often associated with increased pressure of the fluid in eye.

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What drives the Global Antiglaucoma Drugs Market?

Incidence of glaucoma increases with age and due to increase in the geriatric population worldwide, governments are launching initiatives to promote awareness on glaucoma and other eye disorders. For instance, the Vision Health initiative by Centers for Disease Control and Prevention (CDC) in the USA aimed to prevent eye disorders including glaucoma and improve the overall eye health. In Australia, the government funded an eye screening program as part of its Vision 2020 initiative to promote awareness and prevent vision loss among the population suffering from glaucoma and other eye disorders. These government initiatives will stimulate the awareness among the people on glaucoma driving the market for anti-glaucoma drugs.

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Global Antiglaucoma Drugs Market Segments
The global antiglaucoma drugs market is segmented:
By Product Type: Alpha Agonist, Beta Blockers, Prostaglandin Analogs, Combined Medication, Others
By Disease Condition Type: Open-Angle Glaucoma, Angle-Closure Glaucoma, Normal-Tension Glaucoma, Congenital Glaucoma, Others
By Type: Hospital Prescription Drugs, Over-The-Counter Drugs
By Geography: The regions covered in the antiglaucoma drugs market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

Antiglaucoma Drugs Global Market Report 2022provides market size and growth forecasts for the global antiglaucoma drugs market, global antiglaucoma drugs market share, antiglaucoma drugs market segments and geographies, antiglaucoma drugs market competitive landscape including leading competitors’ revenues, profiles and market shares. The antiglaucoma drugs market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Global Antiglaucoma Drugs Industry Players include Aerie Pharmaceuticals, Inc., Allergan, Novartis AG, Abbott Healthcare, Johnson & Johnson, Merck & Co, Genentech Inc., Pfizer, Inc., Bayer AG and Santen Pharmaceuticals Company Ltd. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.