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Global Market for Ophthalmology Therapeutics growing at a CAGR of 7.4%
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Global Market for Ophthalmology Therapeutics growing at a CAGR of 7.4%

According to the report “Ophthalmology Therapeutics Market“, published by Market Data Forecast, the global market is projected to reach USD 31.87 Billion by 2021, at a CAGR of 7.4% from 2016 to 2021.

View Report at http://www.marketdataforecast.com/market-reports/global-ophthalmology-therapeutics-market-1106/

Ophthalmology is the branch of medicine associated with the treatment of eye defects and diseases. With the recent advancements in genetics and stem cell biology, the mechanisms of many ophthalmic diseases are being revealed progressively. The market is showcasing evident potential in the mentioned forecasting period. Global market for Ophthalmology Therapeutics is driven by the growing prevalence for vision impairment, which was estimated to be 147 million in 2010, and is estimated to reach 191 million in the world in 2020

Get free sample report at http://www.marketdataforecast.com/market-reports/global-ophthalmology-therapeutics-market-1106/request-sample

Technological advancement in the field of medicine are also playing a major role in the growth of the market. Increasing geriatric population around the globe along with rise in disposable income are some of the other factors driving the market for Ophthalmology Therapeutics Market. However, lack of awareness about the various diseases associated with ophthalmology is a major factor restraining the growth of the market. Stringent regulatory framework and unclear reimbursement policies are also acting as hurdles for market growth.

Global Market for Ophthalmology Therapeutics is segmented based on Indication, End User and region

  1. Based on Indication
  • Glaucoma
  • Dry Eye Syndrome
  • Diabetic Retinopathy
  • Retinal Vein Occlusion
  • Age-related Macular Degeneration
  • Macular Edema
  • Allergic Conjunctivitis
  1. Based on End User
  • Hospitals
  • Eye Clinics
  • Diagnostic Centres
  • Patients
  1. Based on Geography
  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle-East & Africa

Pfizer Inc., Allergan Inc., Alcon Inc., Merck & co. Inc. and Roche are the major companies in the market accounting for a share of approximately 70%. Other major companies covered in the report are Valeant, Regeneron, Santen, Bayer, Senju, Lpath and Eye Gate Pharmaceuticals

About Market Data Forecast:

Market Data Forecast is a firm working in the areas of market research and business intelligence. We have rich experience in research across major industry segments like Healthcare, Agriculture, Food & Beverages etc. and we cater to the needs of both individual and corporate clients. Our research services contribute to key business areas like business process improvement, key decision making and developing appropriate corporate strategy. We are truly committed to our clients and other stakeholders for providing customized research services of the highest quality all the while being an organisation that’s trusted for its integrity, respected for its accountability, and admired for its excellence, by both clients and competitors alike.

Contact:

Market Data Forecast, Inc.

+1-888-702-9626 (U.S. TOLL-FREE)

abhishek@marketdataforecast.com

 

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