Product Code: PHA1290
The global Ophthalmic Drugs market is projected to grow at a CAGR of 6.3% by 2034.
“The Ophthalmic Drugs Market Report 2024-2034”: This report will prove invaluable to leading firms striving for new revenue pockets if they wish to better understand the industry and its underlying dynamics. It will be useful for companies that would like to expand into different industries or to expand their existing operations in a new region.
The global ophthalmic drugs market is experiencing substantial growth, and this can be attributed to several key factors. The increasing prevalence of ophthalmic disorders, including conditions like glaucoma, macular degeneration, diabetic retinopathy, and dry eye syndrome, is driving the demand for more effective pharmaceutical treatments. As the world's population ages and lifestyles evolve, the incidence of these eye-related disorders continues to rise, creating a sustained need for innovative drugs to address them.
The presence of a robust emerging pipeline of drugs is contributing significantly to market growth. Pharmaceutical companies are actively investing in research and development efforts to develop new and improved ophthalmic medications. These pipeline drugs hold the promise of enhanced therapeutic options and more targeted treatments, further fueling the market's expansion. Together, these factors underscore the dynamic and evolving nature of the global ophthalmic drugs market, which is poised for continued growth in the foreseeable future.
Side Effects of Drugs Likely to Challenge Industry Growth
The utilization of topical drugs can result in various side effects, encompassing temporary vision cloudiness, allergic responses, visual disruptions, and sensations of stinging, burning, or itching. Additionally, more infrequent side effects encompass sudden alterations in vision, severe headaches, tunnel vision, eye discomfort, pain behind the eyes, and indications of potential new eye infections, such as swelling and drainage. Consequently, the presence of these side effects linked to topical steroidal drugs has the potential to impede market growth.
The challenge posed to the ophthalmic drugs market in developing nations by drug side effects is a complex issue. Resolving this concern demands a holistic approach that encompasses various measures, such as enhancing healthcare accessibility, improving medical infrastructure, fostering patient education, countering counterfeit drug proliferation, and establishing stringent regulatory frameworks to uphold the safety and effectiveness of ophthalmic medications.
What Questions Should You Ask before Buying a Market Research Report?
- How is the ophthalmic drugs market evolving?
- What is driving and restraining the ophthalmic drugs market?
- How will each ophthalmic drugs submarket segment grow over the forecast period and how much revenue will these submarkets account for in 2034?
- How will the market shares for each ophthalmic drugs submarket develop from 2024 to 2034?
- What will be the main driver for the overall market from 2024 to 2034?
- Will leading ophthalmic drugs markets broadly follow the macroeconomic dynamics, or will individual national markets outperform others?
- How will the market shares of the national markets change by 2034 and which geographical region will lead the market in 2034?
- Who are the leading players and what are their prospects over the forecast period?
- How will the industry evolve during the period between 2024 and 2034? What are the implications of ophthalmic drugs projects taking place now and over the next 10 years?
- Is there a greater need for product commercialisation to further scale the ophthalmic drugs market?
- Where is the ophthalmic drugs market heading and how can you ensure you are at the forefront of the market?
- What are the best investment options for new product and service lines?
- What are the key prospects for moving companies into a new growth path and C-suite?
You need to discover how this will impact the Ophthalmic Drugs Market today, and over the next 10 years:
- Our 284-page report provides 125 tables, 168 charts/graphs exclusively to you
- The report highlights key lucrative areas in the industry so you can target them - NOW
- It contains in-depth analysis of global, regional and national sales and growth
- It highlights for you the key successful trends, changes and revenue projections made by your competitors.
This report tells you TODAY how the Ophthalmic Drugs Market will develop in the next 10 years, and in line with the variations in COVID-19 economic recession and bounce. This market is more critical now than at any point over the last 10 years.
Forecasts to 2034 and other analyses reveal commercial prospects
- In addition to revenue forecasting to 2034, our new study provides you with recent results, growth rates, and market shares
- You will find original analyses, with business outlooks and developments
- Discover qualitative analyses (including market dynamics, drivers, opportunities, restraints and challenges), cost structure, impact of rising ophthalmic drugs prices and recent developments.
This report includes data analysis and invaluable insight into how COVID-19 will affect the industry and your company. Four COVID-19 recovery patterns and their impact, namely, ""V" ", "L", "W" and "U" are discussed in this report.
Segments Covered in the Report:
Type
- Prescription Drugs
- OTC Drugs
Indication
- Retinal Disorders
- Infection/Inflammation/Allergy
- Glaucoma
- Dry Eye
Route of Administration
Distribution Channel
- Hospital Pharmacies
- Drug Stores
- Online Pharmacies
In addition to the revenue predictions for the overall world market and segments, you will also find revenue forecasts for five regional and 26 leading national markets:
North America
Europe
- Germany
- Spain
- UK
- France
- Italy
- Netherlands
- Switzerland
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Malaysia
- Singapore
- Rest of Asia Pacific
Latin America
- Brazil
- Argentina
- Mexico
- Chile
- Rest of Latin America
MEA
- GCC
- South Africa
- Rest of MEA
The report also includes profiles and for some of the leading companies in the Ophthalmic Drugs Market, 2024 to 2034, with a focus on this segment of these companies' operations.
Leading companies and the potential for market growth:
- AbbVie Inc
- Alimera Sciences
- Apellis Pharmaceuticals
- Bausch & Lomb Incorporated
- Bayer AG
- Breye Therapeutics ApS
- EyeBio
- F. Hoffmann-La Roche Ltd.
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- Johnson & Johnson Services Inc.
- Novaliq GmbH
- Novartis AG
- Pfizer Inc
- Regeneron Pharmaceuticals Inc
- Santen Pharmaceutical Co., Ltd
- SpliceBio
- Teva Pharmaceutical Industries Ltd.
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Overall world revenue for ophthalmic drugs market, 2024 to 2034 in terms of value the market will surpass US$32.0 billion in 2024, our work calculates. We predict strong revenue growth through to 2034. Our work identifies which organizations hold the greatest potential. Discover their capabilities, progress, and commercial prospects, helping you stay ahead.
How will the “Ophthalmic Drugs Market, 2024 to 2034” report help you?
In summary, our 280+ page report provides you with the following knowledge:
- Revenue forecasts to 2034 for Ophthalmic Drugs Market, 2024 to 2034 Market, with forecasts for type, distribution channel, indication, route of administration, each forecast at a global and regional level - discover the industry's prospects, finding the most lucrative places for investments and revenues.
- Revenue forecasts to 2034 for five regional and 26 key national markets - See forecasts for the Ophthalmic Drugs Market, 2024 to 2034 market in North America, Europe, Asia-Pacific, Latin America and MEA. Also forecasted is the market in the US, Canada, Mexico, Brazil, Germany, France, UK, Italy, China, India, Japan, and Australia among other prominent economies.
- Prospects for established firms and those seeking to enter the market - including company profiles for 16 of the major companies involved in the Ophthalmic Drugs Market, 2024 to 2034.
Find quantitative and qualitative analyses with independent predictions. Receive information that only our report contains, staying informed with invaluable business intelligence.
Table of Contents
1 Report Overview
- 1.1 Objectives of the Study
- 1.2 Introduction to Ophthalmic Drugs Market
- 1.3 What This Report Delivers
- 1.4 Why You Should Read This Report
- 1.5 Key Questions Answered by This Analytical Report
- 1.6 Who is This Report for?
- 1.7 Methodology
- 1.7.1 Market Definitions
- 1.7.2 Market Evaluation & Forecasting Methodology
- 1.7.3 Data Validation
- 1.7.3.1 Primary Research
- 1.7.3.2 Secondary Research
- 1.8 Frequently Asked Questions (FAQs)
- 1.9 Associated Visiongain Reports
- 1.10 About Visiongain
2 Executive Summary
3 Market Overview
- 3.1 Key Findings
- 3.2 Market Dynamics
- 3.2.1 Market Driving Factors
- 3.2.1.1 Rising Frequency and Occurrence of Eye-related Conditions
- 3.2.1.2 Increasing Prevalence of Diabetes
- 3.2.1.3 Presence of Strong Emerging Pipeline Drugs
- 3.2.2 Market Restraining Factors
- 3.2.2.1 Lack of Health Insurance in the Developing Countries
- 3.2.2.2 Lack of Awareness Regarding the Available Treatment Options
- 3.2.2.3 Side Effects of Drugs
- 3.2.2.4 Patent Expiry of Blockbuster Drugs
- 3.2.3 Market Opportunities
- 3.2.3.1 Rise in Investment in Research and Development
- 3.2.3.2 Rise in Geriatric Population
- 3.3 COVID-19 Impact Analysis
- 3.4 Porter's Five Forces Analysis
- 3.4.1 Bargaining Power of Suppliers
- 3.4.2 Bargaining Power of Buyers
- 3.4.3 Competitive Rivalry
- 3.4.4 Threat from Substitutes
- 3.4.5 Threat of New Entrants
- 3.5 PEST Analysis
- 3.5.1 Political
- 3.5.2 Economical
- 3.5.3 Social
- 3.5.4 Technological
4 Ophthalmic Drugs Market Analysis by Type
- 4.1 Key Findings
- 4.2 Type Segment: Market Attractiveness Index
- 4.3 Ophthalmic Drugs Market Size Estimation and Forecast by Type
- 4.4 Prescription Drugs
- 4.4.1 Market Size by Region, 2024-2034 (US$ Billion)
- 4.4.2 Market Share by Region, 2024 & 2034 (%)
- 4.5 OTC Drugs
- 4.5.1 Market Size by Region, 2024-2034 (US$ Billion)
- 4.5.2 Market Share by Region, 2024 & 2034 (%)
5 Ophthalmic Drugs Market Analysis by Distribution Channel
- 5.1 Key Findings
- 5.2 Distribution Channel Segment: Market Attractiveness Index
- 5.3 Ophthalmic Drugs Market Size Estimation and Forecast by Distribution Channel
- 5.4 Hospital Pharmacies
- 5.4.1 Market Size by Region, 2024-2034 (US$ Billion)
- 5.4.2 Market Share by Region, 2024 & 2034 (%)
- 5.5 Drug Stores
- 5.5.1 Market Size by Region, 2024-2034 (US$ Billion)
- 5.5.2 Market Share by Region, 2024 & 2034 (%)
- 5.6 Online Pharmacies
- 5.6.1 Market Size by Region, 2024-2034 (US$ Billion)
- 5.6.2 Market Share by Region, 2024 & 2034 (%)
6 Ophthalmic Drugs Market Analysis by Indication
- 6.1 Key Findings
- 6.2 Indication Segment: Market Attractiveness Index
- 6.3 Ophthalmic Drugs Market Size Estimation and Forecast by Indications
- 6.4 Retinal Disorders
- 6.4.1 Market Size by Region, 2024-2034 (US$ Billion)
- 6.4.2 Market Share by Region, 2024 & 2034 (%)
- 6.4.3 Retinal Disorders Market Size by Drugs, 2024-2034 (US$ Billion)
- 6.5 Infection/Inflammation/Allergy
- 6.5.1 Market Size by Region, 2024-2034 (US$ Billion)
- 6.5.2 Market Share by Region, 2024 & 2034 (%)
- 6.5.3 Infection/Inflammation/Allergy Market Size by Drugs, 2024-2034 (US$ Billion)
- 6.6 Dry Eye
- 6.6.1 Market Size by Region, 2024-2034 (US$ Billion)
- 6.6.2 Market Share by Region, 2024 & 2034 (%)
- 6.6.3 Dry Eye Market Size by Drugs, 2024-2034 (US$ Billion)
- 6.7 Glaucoma
- 6.7.1 Market Size by Region, 2024-2034 (US$ Billion)
- 6.7.2 Market Share by Region, 2024 & 2034 (%)
- 6.7.3 Glaucoma Market Size by Drugs, 2024-2034 (US$ Billion)
7 Ophthalmic Drugs Market Analysis by Route of Administration
- 7.1 Key Findings
- 7.2 Route of Administration Segment: Market Attractiveness Index
- 7.3 Ophthalmic Drugs Market Size Estimation and Forecast by Route of Administration
- 7.4 Topical
- 7.4.1 Market Size by Region, 2024-2034 (US$ Billion)
- 7.4.2 Market Share by Region, 2024 & 2034 (%)
- 7.5 Parenteral
- 7.5.1 Market Size by Region, 2024-2034 (US$ Billion)
- 7.5.2 Market Share by Region, 2024 & 2034 (%)
8 Ophthalmic Drugs Market Analysis by Region
- 8.1 Key Findings
- 8.2 Regional Market Size Estimation and Forecast
9 North America Ophthalmic Drugs Market Analysis
- 9.1 Key Findings
- 9.2 North America Ophthalmic Drugs Market Attractiveness Index
- 9.3 North America Ophthalmic Drugs Market by Country, 2024, 2029 & 2034 (US$ Billion)
- 9.4 North America Ophthalmic Drugs Market Size Estimation and Forecast by Country
- 9.5 North America Ophthalmic Drugs Market Size Estimation and Forecast by Type
- 9.6 North America Ophthalmic Drugs Market Size Estimation and Forecast by Distribution channel
- 9.7 North America Ophthalmic Drugs Market Size Estimation and Forecast by Indications
- 9.8 North America Ophthalmic Drugs Market Size Estimation and Forecast by Route of Administration
- 9.9 U.S. Ophthalmic Drugs Market Analysis
- 9.10 Canada Ophthalmic Drugs Market Analysis
10 Europe Ophthalmic Drugs Market Analysis
- 10.1 Key Findings
- 10.2 Europe Ophthalmic Drugs Market Attractiveness Index
- 10.3 Europe Ophthalmic Drugs Market by Country, 2024, 2029 & 2034 (US$ Billion)
- 10.4 Europe Ophthalmic Drugs Market Size Estimation and Forecast by Country
- 10.5 Europe Ophthalmic Drugs Market Size Estimation and Forecast by Type
- 10.6 Europe Ophthalmic Drugs Market Size Estimation and Forecast by Distribution Channel
- 10.7 Europe Ophthalmic Drugs Market Size Estimation and Forecast by Indications
- 10.8 Europe Ophthalmic Drugs Market Size Estimation and Forecast by Route of Administration
- 10.9 Germany Ophthalmic Drugs Market Analysis
- 10.10 France Ophthalmic Drugs Market Analysis
- 10.11 UK Ophthalmic Drugs Market Analysis
- 10.12 Italy Ophthalmic Drugs Market Analysis
- 10.13 Spain Ophthalmic Drugs Market Analysis
- 10.14 Netherlands Ophthalmic Drugs Market Analysis
- 10.15 Switzerland Ophthalmic Drugs Market Analysis
- 10.16 Rest of Europe Ophthalmic Drugs Market Analysis
11 Asia Pacific Ophthalmic Drugs Market Analysis
- 11.1 Key Findings
- 11.2 Asia Pacific Ophthalmic Drugs Market Attractiveness Index
- 11.3 Asia Pacific Ophthalmic Drugs Market by Country, 2024, 2029 & 2034 (US$ Billion)
- 11.4 Asia Pacific Ophthalmic Drugs Market Size Estimation and Forecast by Country
- 11.5 Asia Pacific Ophthalmic Drugs Market Size Estimation and Forecast by Type
- 11.6 Asia Pacific Ophthalmic Drugs Market Size Estimation and Forecast by Distribution Channel
- 11.7 Asia Pacific Ophthalmic Drugs Market Size Estimation and Forecast by Indications
- 11.8 Asia Pacific Ophthalmic Drugs Market Size Estimation and Forecast by Route of Administration
- 11.9 Japan Ophthalmic Drugs Market Analysis
- 11.10 China Ophthalmic Drugs Market Analysis
- 11.11 India Ophthalmic Drugs Market Analysis
- 11.12 Australia Ophthalmic Drugs Market Analysis
- 11.13 South Korea Ophthalmic Drugs Market Analysis
- 11.14 Malaysia Ophthalmic Drugs Market Analysis
- 11.15 Singapore Ophthalmic Drugs Market Analysis
- 11.16 Rest of Asia Pacific Ophthalmic Drugs Market Analysis
12 Latin America Ophthalmic Drugs Market Analysis
- 12.1 Key Findings
- 12.2 Latin America Ophthalmic Drugs Market Attractiveness Index
- 12.3 Latin America Ophthalmic Drugs Market by Country, 2024, 2029 & 2034 (US$ Billion)
- 12.4 Latin America Ophthalmic Drugs Market Size Estimation and Forecast by Country
- 12.5 Latin America Ophthalmic Drugs Market Size Estimation and Forecast by Type
- 12.6 Latin America Ophthalmic Drugs Market Size Estimation and Forecast by Distribution Channel
- 12.7 Latin America Ophthalmic Drugs Market Size Estimation and Forecast by Indications
- 12.8 Latin America Ophthalmic Drugs Market Size Estimation and Forecast by Route of Administration
- 12.9 Brazil Ophthalmic Drugs Market Analysis
- 12.10 Argentina Ophthalmic Drugs Market Analysis
- 12.11 Mexico Ophthalmic Drugs Market Analysis
- 12.12 Chile Ophthalmic Drugs Market Analysis
- 12.13 Rest of Latin America Ophthalmic Drugs Market Analysis
13 MEA Ophthalmic Drugs Market Analysis
- 13.1 Key Findings
- 13.2 MEA Ophthalmic Drugs Market Attractiveness Index
- 13.3 MEA Ophthalmic Drugs Market by Country, 2024, 2029 & 2034 (US$ Billion)
- 13.4 MEA Ophthalmic Drugs Market Size Estimation and Forecast by Country
- 13.5 MEA Ophthalmic Drugs Market Size Estimation and Forecast by Type
- 13.6 MEA Ophthalmic Drugs Market Size Estimation and Forecast by Distribution Channel
- 13.7 MEA Ophthalmic Drugs Market Size Estimation and Forecast by Indications
- 13.8 MEA Ophthalmic Drugs Market Size Estimation and Forecast by Route of Administration
- 13.9 GCC Ophthalmic Drugs Market Analysis
- 13.10 South Africa Ophthalmic Drugs Market Analysis
- 13.11 Rest of MEA Ophthalmic Drugs Market Analysis
14 Company Profiles
- 14.1 Competitive Landscape, 2023
- 14.2 Strategic Outlook
- 14.3 Novartis AG
- 14.3.1 Company Snapshot
- 14.3.2 Company Overview
- 14.3.3 Financial Analysis
- 14.3.3.1 Net Revenue, 2018-2022
- 14.3.3.2 Regional Market Shares, 2022
- 14.3.3.3 R&D Expense, 2018-2022
- 14.3.4 Product Offered
- 14.3.5 Strategic Outlook
- 14.4 Bayer AG
- 14.4.1 Company Snapshot
- 14.4.2 Company Overview
- 14.4.3 Financial Analysis
- 14.4.3.1 Net Revenue, 2018-2022
- 14.4.3.2 Regional Market Shares, 2022
- 14.4.3.3 R&D Expense, 2018-2022
- 14.4.4 Product Benchmarking
- 14.4.5 Strategic Outlook
- 14.5 Pfizer Inc.
- 14.5.1 Company Snapshot
- 14.5.2 Company Overview
- 14.5.3 Financial Analysis
- 14.5.3.1 Revenue, 2018-2022
- 14.5.3.2 Regional Market Shares, 2022
- 14.5.3.3 R&D Expense, 2018-2022
- 14.5.4 Product Benchmarking
- 14.6 Bausch & Lomb Incorporated
- 14.6.1 Company Snapshot
- 14.6.2 Company Overview
- 14.6.3 Financial Analysis
- 14.6.3.1 Revenue, 2018-2022
- 14.6.3.2 R&D Expense, 2018-2022
- 14.6.4 Product Benchmarking
- 14.6.5 Strategic Outlook
- 14.7 Santen Pharmaceutical Co., Ltd.
- 14.7.1 Company Snapshot
- 14.7.2 Company Overview
- 14.7.3 Financial Analysis
- 14.7.3.1 Revenue, 2018-2022
- 14.7.3.2 R&D Expense, 2018-2022
- 14.7.4 Product Benchmarking
- 14.7.5 Strategic Outlook
- 14.8 Johnson & Johnson Services Inc.
- 14.8.1 Company Snapshot
- 14.8.2 Company Overview
- 14.8.3 Financial Analysis
- 14.8.3.1 Revenue, 2018-2022
- 14.8.3.2 Regional Market Shares, 2022
- 14.8.3.3 R&D Expense, 2018-2022
- 14.8.4 Product Benchmarking
- 14.8.5 Strategic Outlook
- 14.9 Regeneron Pharmaceuticals Inc.
- 14.9.1 Company Snapshot
- 14.9.2 Company Overview
- 14.9.3 Financial Analysis
- 14.9.3.1 Revenue, 2018-2022
- 14.9.3.2 R&D Expense, 2018-2022
- 14.9.4 Product Benchmarking
- 14.9.5 Strategic Outlook
- 14.10 AbbVie Inc.
- 14.10.1 Company Snapshot
- 14.10.2 Company Overview
- 14.10.3 Financial Analysis
- 14.10.3.1 Revenue, 2018-2022
- 14.10.3.2 Regional Market Shares, 2022
- 14.10.3.3 R&D Expense, 2018-2022
- 14.10.4 Product Benchmarking
- 14.10.5 Strategic Outlook
- 14.11 F. Hoffmann-La Roche Ltd
- 14.11.1 Company Snapshot
- 14.11.2 Company Overview
- 14.11.3 Financial Analysis
- 14.11.3.1 Revenue, 2018-2022
- 14.11.3.2 Regional Market Shares, 2022
- 14.11.3.3 R&D Expense, 2018-2022
- 14.11.4 Product Benchmarking
- 14.11.5 Strategic Outlook
- 14.12 Teva Pharmaceutical Industries Ltd.
- 14.12.1 Company Snapshot
- 14.12.2 Company Overview
- 14.12.3 Financial Analysis
- 14.12.3.1 Revenue, 2018-2022
- 14.12.3.2 Regional Market Shares, 2022
- 14.12.3.3 R&D Expense, 2018-2022
- 14.12.4 Product Benchmarking
- 14.12.5 Strategic Outlook
- 14.13 Apellis Pharmaceuticals
- 14.13.1 Company Snapshot
- 14.13.2 Company Overview
- 14.13.3 Financial Analysis
- 14.13.3.1 Revenue, 2018-2022
- 14.13.3.2 R&D Expense, 2018-2022
- 14.13.4 Product Benchmarking
- 14.13.5 Strategic Outlook
- 14.14 Novaliq GmbH
- 14.14.1 Company Snapshot
- 14.14.2 Company Overview
- 14.14.3 Product Benchmarking
- 14.14.4 Strategic Outlook
- 14.15 Alimera Sciences
- 14.15.1 Company Snapshot
- 14.15.2 Company Overview
- 14.15.3 Financial Analysis
- 14.15.3.1 Revenue, 2018-2022
- 14.15.3.2 R&D Expense, 2018-2022
- 14.15.4 Product Benchmarking
- 14.15.5 Strategic Outlook
- 14.16 EyeBio
- 14.16.1 Company Snapshot
- 14.16.2 Company Overview
- 14.16.3 Product Benchmarking
- 14.16.4 Strategic Outlook
- 14.17 SpliceBio
- 14.17.1 Company Snapshot
- 14.17.2 Company Overview
- 14.17.3 Product Benchmarking
- 14.17.4 Strategic Outlook
- 14.18 Breye Therapeutics ApS
- 14.18.1 Company Snapshot
- 14.18.2 Company Overview
- 14.18.3 Product Benchmarking
- 14.18.4 Strategic Outlook
15 Conclusion and Recommendations
- 15.1 Concluding Remarks from Visiongain
- 15.2 Recommendations for Market Players