The Worldwide Glaucoma Treatment Industry is Expected to Reach $9.1 Billion by 2027 - ResearchAndMarkets.com

DUBLIN--()--The "Global Glaucoma Treatment Market (2022-2027) by Type, Indication, Sales Channel, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.

The Global Glaucoma Treatment Market is estimated to be USD 5.94 Bn in 2022 and is expected to reach USD 9.1 Bn by 2027, growing at a CAGR of 8.91%.

Market dynamics are forces that impact the prices and behaviors of the Global Glaucoma Treatment Market stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors.

There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals. As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.

Competitive Quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Ansoff Analysis

The report presents a detailed Ansoff matrix analysis for the Global Glaucoma Treatment Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.

The analyst analyses the Global Glaucoma Treatment Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position. Based on the SWOT analysis conducted on the industry and industry players, the analyst has devised suitable strategies for market growth.

Why buy this report?

  • The report offers a comprehensive evaluation of the Global Glaucoma Treatment Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes an in-depth market analysis using Porter's 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
  • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
  • The report also contains the competitive analysis using Positioning Quadrants, the analyst's Proprietary competitive positioning tool.

Market Dynamics

Drivers

  • Increasing Geriatric Population
  • Increasing Awareness and Government Initiatives
  • Potential Rise in the Use of Smart Gadgets and Screen Time Among the Population

Restraints

  • Lack of Early Diagnosis with Symptoms

Opportunities

  • Ongoing Technological Advancement with Eye Drops
  • Increasing Research and Development Expenditure

Challenges

  • Concerns Related to Side Effects

Market Segmentation

The Global Glaucoma Treatment Market is segmented based on Type, Indication, Sales Channel, and Geography.

  • By Type, the market is classified into Alpha Agonist, Beta Blockers, Carbonic Anhydrase Inhibitors, Cholinergic, Combined Medications, and Prostaglandin Analogs.
  • By Indication, the market is classified into Angle Closure Glaucoma, Congenital Glaucoma, Open Angle Glaucoma, and Secondary Glaucoma.
  • By Sales Channel, the market is classified into Hospital Pharmacies, Online Sales, and Retail Pharmacies.
  • By Geography, the market is classified into Americas, Europe, Middle-East & Africa and Asia-Pacific.

Companies Mentioned

  • AbbVie Inc.
  • Accutome, Inc.
  • Aerie Pharmaceuticals Inc.
  • Akorn Inc.
  • Alcon Vision LLC
  • Amorphex Therapeutics Holdings Inc.
  • ASICO, LLC.
  • Bausch & Lomb Inc.
  • Bayer AG
  • Carl Zeiss Meditec AG
  • EyePoint Pharmaceuticals, Inc.
  • Fera Pharmaceuticals LLC
  • Glaukos Corp.
  • Inotek Pharmaceuticals
  • Lumenis Be Ltd.
  • Merck & Co., Inc.
  • Mobius Therapeutics LLC
  • NIDEK CO., Ltd.
  • Novartis International AG
  • Ocular Therapeutix, Inc.
  • Perrigo Company plc
  • Pfizer Inc.
  • Quantel Medical
  • Santen Pharmaceutical Co., Ltd.
  • Teva Pharmaceutical Industries Ltd.
  • Topcon Medical Systems

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Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900