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The Antiglaucoma Drugs Market Grows With Increasing Prevalence Of Eye Disorders

Antiglaucoma Drugs Market Opportunities And Strategies – Market Forecast To 2030

Antiglaucoma Drugs Market Opportunities And Strategies – Global Market Forecast To 2030

Antiglaucoma Drugs Market Opportunities And Strategies - Forecast To 2030

Antiglaucoma Drugs Market Opportunities And Strategies - Global Forecast To 2030

The Business Research Company’s Antiglaucoma Drugs Market - Opportunities And Strategies – Global Antiglaucoma Drugs Market Forecast To 2030

LONDON, GREATER LONDON, UK, December 9, 2021 /EINPresswire.com/ -- Increasing incidence and prevalence of glaucoma is expected to support the growth of the anti-glaucoma drugs market. Eye disorders such as glaucoma are becoming major causes of visual impairment and blindness globally. Globally, glaucoma ranks the second major cause of blindness after cataract. By 2050, an estimated 7.32 million people in the USA are expected to have primary open angle glaucoma (POAG), a rise from 3.15 million in 2015. Worldwide, the prevalence of glaucoma is increasing and is expected to affect 111.8 million people by 2040. The prevalence of open-angle glaucoma is reported to be highest in Africa and that of narrow-angle in Asia. The increasing incidence and prevalence of glaucoma is expected to drive the anti-glaucoma drugs market.

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Drug manufacturers are developing new class of compounds called Rho-kinase inhibitors for the treatment of glaucoma. Rho-kinase pathway is an integral part of cellular functions such as contraction of vascular smooth muscle cells, organization of the actin cytoskeleton, cell adhesion and motility and gene expression. Rho-kinase inhibitors are different from widely used prostaglandin analogs because they target the outflow through trabecular meshwork rather than the uveoscleral outflow. Rho-kinase inhibitors have proved to decrease intraocular pressure by 25% to 30% with duration of action of 10 to 12 hours, which is more effective than the previous generation of drugs for this condition. Ripasudil hydrochloride hydrate in the form of eye drops is approved in Japan for the treatment of glaucoma and ocular hypertension. Netarsudil formulated as an ophthalmic solution is used to treat intraocular pressure in patients with open-angle glaucoma.

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https://www.thebusinessresearchcompany.com/report/antiglaucoma-drugs-market

Major players covered in the global antiglaucoma drugs industry are Allergen PLC., Novartis AG, Santen Pharmaceutical Co., Ltd., Akorn, Pfizer.

The global antiglaucoma drugs market size reached a value of nearly $5.19 billion in 2020 at a rate of -21.2%. The decline is mainly due to lockdown and social distancing norms imposed by various countries and economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is expected to reach $8.09 billion in 2025 at a CAGR of 4.9% and $10.77 billion in 2030 at a CAGR of 5.9%.

TBRC’s global antiglaucoma drugs market report is segmented by product type into alpha agonist, beta blockers, prostaglandin analogs, combined medication, others, by disease condition type into open-angle glaucoma, angle-closure glaucoma, normal-tension glaucoma, congenital glaucoma, other types of glaucoma, by type into hospital prescription drugs, over-the-counter drugs.

Antiglaucoma Drugs Market - By Product Type (Alpha Agonist, Beta Blockers, Prostaglandin Analogs, Combined Medication), By Disease Condition Type (Open-Angle Glaucoma, Angle-Closure Glaucoma, Normal-Tension Glaucoma, Congenital Glaucoma), By Prescription Type (OTC Drugs, Prescription Drugs), And By Region, Opportunities And Strategies – Global Antiglaucoma Drugs Market Forecast To 2030 is one of a series of new reports from The Business Research Company that provides antiglaucoma drugs market overview, forecast antiglaucoma drugs market size and growth for the whole market, antiglaucoma drugs market segments, and geographies, antiglaucoma drugs market trends, antiglaucoma drugs market drivers, restraints, leading competitors’ revenues, profiles, and market shares.

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