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Ophthalmic Drugs Market

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<strong>Ophthalmic</strong> <strong>Drugs</strong> <strong>Market</strong><br />

Size, Share, Global Trends, Company Profile, Demand, Insights,<br />

Analysis, Research, Report, Opportunities, Forecast, 2014 - 2020<br />

Upcoming: 2016<br />

Category: Pharmaceuticals


<strong>Ophthalmic</strong> <strong>Drugs</strong> <strong>Market</strong> Report Overview<br />

• <strong>Ophthalmic</strong> drugs are the drugs that are used for the treatment of eye diseases and<br />

disorders.<br />

• The ophthalmic drugs market is growing due to increase in prevalence of eye disorders<br />

and the use of combination therapies.<br />

• Combination therapies have various advantages over traditional medication such as<br />

improved patient compliance and efficacy.<br />

• The drivers that support the growth of ophthalmic drug market are aging population,<br />

changing lifestyle, technological changes, and increase in healthcare spending.<br />

• Lack of awareness among people regarding eye diseases and disorders, absence of<br />

health insurance in developing countries are some of the challenges faced by the<br />

ophthalmic drugs market.<br />

• <strong>Ophthalmic</strong> drug <strong>Market</strong> analysis by Treatment:<br />

The market is segmented into Dry eye drugs, Retinal drugs, Antiinflammatory/allergy/infective<br />

drugs, Anti-glaucoma drugs. Glaucoma has the largest<br />

market share in the ophthalmic drugs market.


<strong>Ophthalmic</strong> <strong>Drugs</strong> <strong>Market</strong> Report Overview<br />

• Competitive landscape<br />

• Key players in the market focus on product launch, research & new product<br />

development, and mergers & acquisition.<br />

• Novartis (ALCON), Allergan, Santen, Pfizer, Merck and Roche are the major players<br />

in the global ophthalmic drugs market.<br />

• ALCON launched ILEVRO Suspension used to reduce pain and inflammation<br />

resulting from cataract surgery.<br />

• High Level Analysis<br />

• Porter’s five forces model reveals that bargaining power of supplier is less due to<br />

low switching cost and bargaining power of buyers is high due to availability of<br />

substitute products.<br />

• Threat of substitute is high due to similarity in therapeutic functioning. Business<br />

strategies adopted by key players are analyzed. SWOT analysis helps in<br />

understanding the internal and external factors required for strategic business<br />

planning.


Key Benefits of <strong>Ophthalmic</strong> <strong>Drugs</strong> <strong>Market</strong><br />

• This report analyses the factors that are driving and limiting the growth of the<br />

market<strong>Market</strong> estimations are done according to the market trends for the period<br />

2013-2018.<br />

• Analysis of key strategies adopted by market players would assist in providing in-depth<br />

understanding of the market intelligenceIn-depth analysis of segments such as targeted<br />

drug, type, and geography provides insights that would allow companies to gain<br />

competitive edgeEmphasis is laid on key factors affecting the growth of global<br />

ophthalmic drugs market.<br />

• These factors are critically analyzed to reveal the most influencing factors in ophthalmic<br />

drugs market


<strong>Ophthalmic</strong> <strong>Drugs</strong> <strong>Market</strong> Segments<br />

• MARKET BY TARGETED DRUGS<br />

• Dry eye <strong>Drugs</strong><br />

• Retinal <strong>Drugs</strong><br />

• Anti-inflammatory/Allergy/Infective <strong>Drugs</strong><br />

• Anti-Glaucoma <strong>Drugs</strong><br />

• MARKET BY TYPE<br />

• Prescription <strong>Drugs</strong><br />

• OTC <strong>Drugs</strong>


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