Glaucoma is a syndrome that damages the optic nerve and its evolution could result in vision loss and blindness. Treatment of glaucoma begins with topical eye drops belonging to the class of prostaglandins, beta blockers, alpha agonist, combination medication, carbonic anhydrase inhibitor, and cholinergic. Administration of these eye drops decreases the production of the fluid inside eyes, thereby deducting the intraocular pressure. Topical eye drops are an alternative for surgery or to delay surgical process.
According
to the report analysis, ‘Global Glaucoma Therapeutics Market Status (2015-2019)
and Forecast (2020-2024) by Region, Product Type & End-Use’ states
that Allergan, Merck, Novartis, Pfizer, Santen Pharmaceuticals, Valeant
Pharmaceuticals, Aerie Pharmaceuticals and many more are the chief market
players which recently working in the global glaucoma therapeutics market more
energetically for registering the great value of market share, keep maintaining
the governing position, obtaining the competitive edge, generating the highest
percentage of revenue and keep maintaining the governing position by spreading
the awareness connected to the applications and advantages of glaucoma
therapeutics, establishing the several research and development programs,
increasing the features and benefits of glaucoma therapeutics, delivering the
better customer satisfaction, decreasing the associated prices of such,
implementing the policies of profit making and strategies of expansion, and
improving the qualitative and quantitative measures of such.
The
effective growth in prevalence and incidence of diabetic disorders, increment
in geriatric population, enhanced health care as well as health care
infrastructure, introduction of the combination therapies, and growth in the
number of awareness programs are probable to propel the global glaucoma
therapeutics market during the forecast duration. Shortage of awareness about
eye disorders, non-compliance with treatment, side effects of glaucoma drugs,
and growth of the generic drugs market are predicted to limit the global market
during the near future.
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However,
emerging economies such as India, China, Brazil, Russia, Mexico, and South
Africa propose the immense opportunities in the glaucoma therapeutics market.
This is accredited to large number of underserved patients, growth in
proportion of urban population, and insurance policies. Moreover, governments
of the nations cited above have taken initiatives to educate the individuals
about glaucoma and its management.
For
More Information, refer to below link:-
Global
Glaucoma Therapeutics Market
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