North America: Largest Regional Player in the Global Ophthalmic Drugs Market Health Articles | May 30 Cheap Air Max Tavas , 2016
The ophthalmic drugs market is primarily driven by growing prevalence of eye disorders, especially among the geriatric population. The research report identifies and tracks the various forces that govern the ophthalmic drugs market and analyzes their impact on the global and regional market.
Transparency Market Research has recently published a research report that details the trends and dynamics in the global ophthalmic drugs market. The research report, titled “Ophthalmic Drugs Market - Global Industry Analysis, Size, Share, Growth Cheap Air Max Tailwind , Trends and Forecast, 2013 - 2018,” has been compiled using primary and secondary research methodologies. Furthermore, researchers have also used SWOT analysis to highlight the strengths, weaknesses, opportunities Cheap Air Max Sequent , and threats of the major companies and the overall market. The report includes a study of the historical data and its correlation with the current market scenario to shed light on the trajectory of the global ophthalmic drugs in 2012 and is estimated to reach a market value of US$21.6 bn by 2018, rising at a聽
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According to the research report, the global ophthalmic drugs market was valued at US$16 CAGR of 5.2% from 2013 to 2018. Ophthalmic drugs or ophthalmic medications refer to ointments, drops, or intraocular disks that are prescribed to patients with eye-related disorders. The remarkable growth of the global ophthalmic drugs market in the last few years is related to the high incidence of eye disorders due to the increasing number of diabetics, the growing pool of the aging population Cheap Air Max Plus , and macular degeneration. The significant number of technological advancements in drug delivery techniques and increasing awareness about and prevalence of lifestyle-related diseases are also propelling the global ophthalmic drugs market.
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The global ophthalmic drugs market is segmented on the basis of type, treatment drug, and geography. The types of drugs in this market are OTC drugs and prescription drugs. On the basis of treatment drug, this market is segmented into retinal drugs, dry eye drugs, anti-inflammatory or allergy or infective drugs Cheap Air Max LD-Zero H , and anti-glaucoma drugs. Geographically, this market is segmented into Europe, North America, Asia Pacific, and Rest of the World. Amongst treatment drugs, the anti-glaucoma drugs segment is leading the global ophthalmic treatment drugs market Cheap Air Max Invigor , with a CAGR of 4.2% expected during the mentioned forecast period.
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In terms of regions, North America dominates the overall ophthalmic drugs market and is likely to maintain its dominance due to the growing initiatives to prevent blindness and other disorders related to the eyes amongst the aging population. During the same forecast period of 2013-2018, the ophthalmic drugs market in Asia Pacific is also expected to witness strong growth due to the increasing ophthalmic disorders amongst geriatrics in the region. Countries such as China, India, and others in Southeast Asia are expected to be the largest consumers of these drugs, thereby propelling the ophthalmic drugs market in Asia Pacific.
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Some of the key players in the global ophthalmic drugs market are Santen Pharmaceutical Co. Ltd. Cheap Air Max Fury , Merck & Co. Inc., Roche Holding AG, Pfizer Inc., Allergan Inc., and Novartis International AG. Presently, Novartis leads the global ophthalmic drugs market with a share of 24% in the overall market as of 2012. The research report provides a detailed analysis of the competitive landscape of the global ophthalmic drugs market and the regulatory framework influencing the overall market. Additionally Cheap Air Max Flyknit , the report also explains the research and development activities, financial overview, investment outlook, and product portfolio of these top players.
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The global ophthalmic drugs market is segmented into:聽
North America Europe Asia Pacific Rest of the World (RoW)聽
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