Press release
Global Ophthalmology Therapeutics Market Estimates and Forecast 2016-2021
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
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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
2. Based on End User
• Hospitals
• Eye Clinics
• Diagnostic Centres
• Patients
3. 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
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