Glaucoma Pharmaceuticals Market -
Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019
Glaucoma
is caused due to rise in the intraocular pressure, if persists may lead to
permanent eye damage.This increased pressure damages the optic nerve which
transmits message to the brain High pressure is built due to the blockage of
the trabecular meshwork which results in the accumulation of aqueous humor.
Depending on the size of trabecular meshwork blockage, glaucoma can be
categorized as open angle and narrow closure glaucoma. In open angle glaucoma
trabecular meshwork blockage is wider than narrow angle glaucoma. This disease
results in various symptoms such as redness in eye, nausea, vomiting, narrowing
in vision and pain. This disease can be diagnosed by measuring eye pressure
through tonometry.
To
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Glaucoma
cannot be cured with various medications which could prevent the complete
vision loss. These medications include eye drops, surgery and oral medications.
Currently, the most widely used treatment for glaucoma includes eye drops and
oral medications. Eye drops include Travatan Z®, Xalatan®, Lumigan®,Alphagan®P,
iopidine®, Trusopt®, Azopt™, Diamox®, Combigan™, Cosopt® and Neptazane®.
Lack of improvement in glaucoma patients with eye drops may compel the
physicians to opt for second line of treatment which includes, prescribed oral
medication which is in the form of carbonic anhydrase inhibitor.
Population
above the age of 40 years is more prone for this disease due to malfunctioning
of various eye structures. Rise in geriatric population around globe would
augment the growth of this market. In addition, strong reimbursement policies
in various nations for the treatment of this disease would also enhance the
growth of this market. Recently, the Glaucoma Foundation (GF) of the U.S.
granted around USD 40,000 to the researchers to improve the quality life of
glaucoma patients. Despite all these advantages, various risks associated with
glaucoma treatment would hinder the growth of this market. These risks include
fatigue, headache, drowsiness, allergy, reduced pulse rate, shortness of
breath, depression, eye redness, itching, burning and blurred vision. In
addition, laser surgeries would outwit this market which would also hamper its
growth. The laser surgeries would overtake over chemo and eye drop therapy
since it would serve wide range of patients with less side effects.
Some
of the market players in glaucoma pharmaceutical market include Acadia
Pharmaceuticals Inc., Allergan Inc., Inotek Pharmaceuticals Corporation, Merck
& Co. Inc., Santen Pharmaceutical Co.Ltd. and Novartis International AG
amongst other significant players.
This
research report analyzes this market depending on its market segments, major
geographies, and current market trends. Geographies analyzed under this
research report include
- North America
- Asia
Pacific
- Europe
- Rest of the
World
This
report provides comprehensive analysis of
- Market growth
drivers
- Factors limiting
market growth
- Current market
trends
- Market structure
- Market
projections for upcoming years
This
report is a complete study of current trends in the market, industry growth
drivers, and restraints. It provides market projections for the coming years.
It includes analysis of recent developments in technology, Porter’s five force
model analysis and detailed profiles of top industry players. The report also
includes a review of micro and macro factors essential for the existing market
players and new entrants along with detailed value chain analysis.
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