Dallas, Texas (PRWEB) October 21, 2012
In 2011, the global ophthalmology therapeutics market was estimated to be around $10 billion, growing at a Compound Annual Growth Rate (CAGR) of 7.2% between 2004 and 2011. The glaucoma market was the largest segment followed by Wet-AMD. These segments accounted for 36% and 32% of the global ophthalmology therapeutics market in 2011, respectively. The decline in glaucoma revenue due to significant generic erosion will change the therapeutic landscape until 2018, when glaucoma is expected to account for 23%, a decline of 13% relative to 2011, and the wet-AMD market is expected to account for 37% of the global ophthalmology market, an increase of 5% relative to 2011. The decline in the glaucoma market is expected to be offset by a healthy growth in the wet-AMD, DME, and DES markets. These markets are expected to grow due to the presence of considerable unmet need and increasing treatment-seeking and diagnosis rates.
The top pharmaceutical companies in the ophthalmology market are Pfizer Inc., Allergan Inc., Alcon Inc, Novartis AG., Merck & co. Inc and Roche. Approximately 70% of the market is covered by these six companies.
Scope of the report “Ophthalmology Therapeutics Market to 2018 - Dosing Convenience and Cost-effectiveness Continue to Drive Eylea’s Prescription Share in Wet Age-Related Macular Degeneration (Wet-AMD)” covers:
- The report analyzes treatment usage patterns, market characterization, pipeline analysis, competitive landscape and key M&A trends in the glaucoma, allergic conjunctivitis, DES, DME, and wet-AMD therapeutics market.
- Data and analysis for the global ophthalmology therapeutics market
- Annualized market data for the ophthalmology therapeutics market from 2004 to 2011, with forecasts to 2018
- Key drivers and restraints that have had a significant impact on the market
- The competitive landscape of the global ophthalmology therapeutics market
- Key M&A activities and licensing agreements that took place in the ophthalmology therapeutics market
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The ophthalmology drugs and devices market is divided into four major segments, namely, surgical devices, diagnostic and monitoring devices, vision care, and drugs. The devices market is divided into applications like surgery and diagnostics. Drugs market is classified into existing treatment drugs and drugs in pipeline and the vision care market is segmented into spectacles and contact lenses. The total market is forecasted till 2017. This market is also considered by formulation types such as capsules, gels, eye drops, ointment, and eye solutions.
The geographies covered in this study are North America, Europe, Asia-Pacific (APAC) and Rest of the world (RoW). North America is the largest market for ophthalmology drugs and devices, followed by Europe and Asia. North America and Europe is expected to grow at a slower pace, primarily due to the economic slowdown and saturation in these markets. APAC is an unsaturated market, especially China and India, and these regions are expected to drive the growth of the overall ophthalmology market, mainly due to growing awareness of eye diseases and increasing disposable income.
Scope of the report “Ophthalmology Devices and Drugs Market (Contact Lens, OCT Scanner, IOL, Dry Eye, AMD, Glaucoma) Competitive Landscape & Global Forecasts To 2017”
The research report categorizes the global ophthalmology drugs and devices market into diagnostic devices, surgical devices, vision care and drugs.
- Diagnostic and monitoring devices
- Surgical devices
- Vision care
Diagnostic and monitoring devices
- Optical Coherence Tomographers (OCT)
- Ophthalmic ultrasound imaging systems
- Fundus cameras
- Wavefront aberrometer
- Corneal topographer
- Specular microscopes
- Visual field analysers/Perimeter
- Slit lamps
- Optotype projectors
- Contact lenses
Surgical devices Market
- Intraocular Lens (IOL)
- Ophthalmic Viscoelastic Devices (OVD)
- Phacoemulsification Devices
- Glaucoma Drainage Devices (GDD)
- Stents and Implants
- Glaucoma Lasers
- Glaucoma Systems
- Excimer Laser
- YAG Laser
- Femtosecond Laser
- Vitrectomy Machines
- Photocoagulation Lasers
- Illumination Devices
Global ophthalmology drugs market, by indication:
- Retinal disorders (Age-related Macular Degeneration (AMD), Diabetic retinopathy, Macular edema)
- Dry eye
The report only covers those drugs that are in late Phase 3 or those that have cleared Phase 3 clinical trials for pipeline analysis and forecasting.
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