The Business Research Company’s global market reports provide comprehensive analysis on the various markets in 27 industries across 60 geographies.

As per The Business Research Company’s Antiglaucoma Drugs Global Market Report 2023, The global antiglaucoma drugs market is expected to grow from $14.02 billion in 2022 to $15.04 billion in 2023 at a compound annual growth rate (CAGR) of 7.3%. The global antiglaucoma drugs market size is expected to grow to $19.30 billion in 2027 at a CAGR of 6.4%.

What was the major driver in the antiglaucoma drugs market?
The incidence of glaucoma increases with age and due to the increase in the geriatric population worldwide, governments are launching initiatives to promote awareness of glaucoma and other eye disorders. For instance, the Vision Health initiative by the Centers for Disease Control and Prevention (CDC) in the USA aimed to prevent eye disorders including glaucoma, and improve 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 awareness among the people about glaucoma driving the market for anti-glaucoma drugs.

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What was the key trend in the antiglaucoma drugs market?
Companies in the antiglaucoma drugs market are developing combination therapies in the treatment of glaucoma disease due to their ability to lower intraocular pressure in glaucoma patients. Most of the combination therapies are fixed dose drugs as it offers the patient ease of consumption when compared to non-fixed combinations. Alcon launched a combination drug, Simbrinza which is a fixed combination of Brinzolamide and Brimonidine, to help patients in reducing the intake of multiple drugs for glaucoma. Rockland is a combination of a rho kinase inhibitor and a prostaglandin analog. Combigan is a combination of beta blockers and alpha agonists. Cosopt is a combination of beta-blockers and carbonic anhydrase inhibitors.

Which was the largest region in the antiglaucoma drugs market?
North America was the largest region in the antiglaucoma drugs market in 2022. Middle East is expected to be the fastest-growing region in the global antiglaucoma drugs market during the forecast period. The regions covered in the global antiglaucoma drugs market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Who are the antiglaucoma drugs market prominent players?
Major players in the antiglaucoma drugs market are Aerie Pharmaceuticals, Inc., Allergan, Novartis AG, Abbott Healthcare, Johnson & Johnson, Merck & Co., Genentech, Inc., Pfizer, Inc., Bayer AG, and Santen Pharmaceuticals Company Ltd.

Key antiglaucoma drugs market segments
The global antiglaucoma drugs market is segmented –
1) By Product Type: Alpha Agonist, Beta Blockers, Prostaglandin Analogs, Combined Medication, Other Types
2) By Disease Condition Type: Open-Angle Glaucoma, Angle-Closure Glaucoma, Normal-Tension Glaucoma, Congenital Glaucoma, Other Types Of Glaucoma
3) By Type: Hospital Prescription drugs, Over-the counter drugs

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The Antiglaucoma Drugs Global Market Report 2023  provides a comprehensive overview on the antiglaucoma drugs market size, trends and drivers, opportunities, strategies, and companies analysis. Through our reports businesses can effectively analyze data and frame well-informed strategies

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