Dallas, Texas (PRWEB) June 04, 2014
The global ophthalmic drugs market will reach $9.7bn by 2024. The US market growth will be slow compared to other markets predominantly due to major drug patent expiry and generic erosion. For example:
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Restasis by Allergan is the market-leading drug in the ophthalmic market with sales of $1bn across 2013. Will it be able to see off the competition for the next 5 years? The next 10 years? This report tells you. With an assessment of the leading markets, such as the US, and EU, GMR Data examine how Germany and France are the largest EU markets and what % of the global market they make up. Which other countries contribute most? This report tells you in a concise, focused and easily accessible format.
But how will these country’s markets develop?
Global incidences of AMD, Glaucoma and Diabetic Retinopathy are all set to increase dramatically across the forecast period of 2014-2024; this will have the knock-on effect of driving sales of key drugs for treatment i.e. Lucentis and Eylea, as well as driving R&D. How much is being spent on R&D – and which drugs are likely to see a return? And how quickly?
Which new drugs will we see in the ophthalmic market across 2014-2024?
In December 2013, Santen announced that Ikervis (Ciclosporin/Cyclokat) was filed to the EMA; in doing so, the EMA will begin its regulatory process. Diquas, which was launched in 2010 by Santen Pharma in Japan, China and other Asian markets, and despite US trials being unsuccessful, is expected to gain approval in the EU early in our forecast period.
Other key ophthalmic drugs currently under taking trials include:
Plus – In-depth country analysis – Discover which countries and regions will drive the ophthalmic drugs market to 2024
Complete report available @ http://www.lifescienceindustryresearch.com/ophthalmic-drugs-data-analysis-and-forecasts-to-2024.html.
List of Companies Included in This Report:
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