Glaucoma Treatment Market at $3Bn by 2023 Says Epidemiology Report
PUNE, India, October 16, 2015 /PRNewswire/ --
Market research titled EpiCast Report: Glaucoma - Epidemiology Forecast to 2023 states that growth will be driven by the arrival of innovative first-in-class drugs, such as Rhopressa/Roclatan, Vesneo, and trabodenoson, and the introduction of additional fixed-dose combination (FDC) products, such as Tapcom/Taptiqom and Simbrinza, during the forecast period.
Complete report on Glaucoma - Epidemiology Forecast to 2023 spread across 52 pages, supported with 12 tables and 8 figures is now available at http://www.rnrmarketresearch.com/epicast-report-glaucoma-epidemiology-forecast-to-2023-market-report.html .
The treatment market for glaucoma will rise in value from $2.4 billion in 2013 to approximately $3 billion by 2023 across the seven major markets (7MM) of the US, France, Germany, Italy, Spain, UK, and Japan, representing a moderate overall Compound Annual Growth Rate (CAGR) of 2.4%.
Glaucoma is a common, asymptomatic group of eye diseases that causes damage to the eye's optic nerve, resulting in progressive, irreversible vision loss. Glaucoma is one of the leading causes of blindness worldwide, especially in elderly people. Glaucoma is generally categorized as open-angle glaucoma (OAG), angle-closure glaucoma (ACG), secondary glaucoma, and congenital glaucoma. Other less common types of glaucoma include normal-tension glaucoma (NTG), pseudoexfoliation glaucoma, and pigmentary glaucoma (NEI, 2014b). Although there are many types of glaucoma, the two most important types are OAG and ACG, with OAG accounting for about 80-90% of all glaucoma cases (Mayo Clinic, 2014). OAG and ACG can be primary (primary open-angle glaucoma [POAG] and primary angle-closure glaucoma [PACG], respectively) or secondary, depending on the cause.
The increase in the number of total prevalent cases of glaucoma in the 7MM can be attributed to changing population demographics in the respective markets. However, further epidemiological research is warranted given that there is a paucity of national and international data evaluating the prevalence and trends of glaucoma worldwide. There is also a need to clearly demarcate the glaucoma population in each clinical type, as currently available epidemiological literature fails to clearly demarcate different glaucoma populations. Order a copy of EpiCast Report: Glaucoma - Epidemiology Forecast to 2023 market research report at http://www.rnrmarketresearch.com/contacts/purchase?rname=391593 .
The Glaucoma EpiCast Report provides an overview of the risk factors and global trends of glaucoma in the 7MM (US, France, Germany, Italy, Spain, and UK). It includes a 10-year epidemiology forecast of total prevalent cases of glaucoma segmented by age (in five-year increments beginning at age 40), sex, clinical type (POAG, PACG, secondary glaucoma, and congenital glaucoma the total prevalent cases of NTG, which is a sub-type of OAG; and the diagnosed prevalent cases of POAG and PACG in these markets. The EpiCast Report is in-depth, high quality, transparent and market-driven, providing expert analysis of disease trends in the 7MM.
On a related note, another study titled Global Glaucoma Devices Industry 2015 Market Research Report is spread across 194 pages and profiles companies like Carl Zeiss Meditec, A.R.C. Laser, Alcon, Glaukos, Ellex Medical, Innova, Lightmed, Lumenis, Abbott Laboratories, Optos, Optous, New World Medical, Luminex and Nidex. Comprehensive table of contents and more on this report is available at http://www.rnrmarketresearch.com/global-glaucoma-devices-industry-2015-market-research-report-market-report.html .
Explore more reports on Ophthalmology therapeutics market at http://www.rnrmarketresearch.com/reports/life-sciences/pharmaceuticals/therapeutics/ophthalmology-therapeutics .
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