Brazil Ophthalmology Drugs and Devices Market Analysis


  • Type: Therapeutics Area
  • Published : May 2021
  • Region: LATAM
  • Country: Brazil
  • Report ID : 4514

  • Format: PPT, PDF

Brazil Ophthalmology Drugs and Devices Market: Segmented by Drug Class (Anti-allergy, Anti-VEGF agents, Anti-inflammatory, Anti-glaucoma and others), By Device Used (Computerized field analysers, Contact lenses and intraocular lenses, Ophthalmic lasers, Ophthalmoscopes and Others), By Drug Type (Prescription drugs and OTC drugs) and By Dosage Form (Gels, Eye solutions, Capsules & tablets, Eye drops, Ointments) – Growth, Trends, and Forecasts (2019 – 2028)


Report Overview

The Brazil Ophthalmology drugs and devices market size stood at around USD xx billion in 2019 and is projected to reach USD xx billion by 2028, exhibiting a CAGR of 5.3% during the forecast period.

Ophthalmic drugs and devices are used for the treatment of various eye disorders like cataract, glaucoma etc. This market is particularly driven by escalating population of diabetes, as diabetes causes a direct impact on eyes. People with diabetes are 60% more prone of having an eye condition, and Brazil has 12 million diabetic individuals, which makes this a huge market for expansion.

Market Drivers

Brazilian government is spending huge resources on healthcare expenditure, which gives a boost to investment in ophthalmology sector. Also, a rising number in diabetic patients is fuelling this industry.

High innovation in combination therapy and increasing number of glaucoma patients are also some reasons of its growth.

Longer gestation period in development of new drugs, patent expiry of old ones and adverse side effects are some of the market restraints.

1. Brazil Ophthalmology Drugs and Devices Market Overview…………………………..
A. Market Size
2. Market Growth Drivers……………………………………………………..……………….
A. Increase in healthcare expenditure of the country
B. Rising number in diabetic patient
3. Major Ophthalmic Diseases ………………………………………….
A. Dry Eye
B. Eye Allergies
C. Glaucoma
D. Eye Infection
E. Retinal disorders
F. Uveitis
G. Others
4. Ophthalmic Drugs and Devices Market Segmentation……………………………………..
A. By Drug Class
I. Anti-allergy
II. Anti-VEGF agents
III. Anti-inflammatory
IV. Anti-glaucoma
V. Others
B. By Device used
I. Computerized field analysers
II. Contact lenses and intraocular lenses
III. Ophthalmic lasers
IV. Ophthalmoscopes
V. Others
C. By Drug type
I. Prescription drugs
II. OTC drugs.
D. By Dosage form
I. Gels
II. Eye solutions
III. Capsules & tablets
IV. Eye drops
V. Ointments
5. Ophthalmic Major Drugs and devices Market Share ………………………………….
A. Market Analysis, Insights and Forecast by Revenue
6. Competitive Landscape………………………………………………………….………..
A. Major Players
B. Products in Pipeline
7. Key Company Profiles…………………………………………………………………….
A. Novartis International AG Company overview, Product & Services, Strategies & Financials
B. Sun pharmaceuticals Company overview, Product & Services, Strategies & Financials
C. Ziemer Group Holding AG Company overview, Product & Services, Strategies & Financials
8. Healthcare Policies and Regulatory Landscape…………………………..…………
A. Policy changes and Regulatory Guidelines
9. Factors Driving Future Growth…………………………………………………………..
A. Key Industry Developments
B. Future Opportunities
10. Conclusion

Market Segmentation

By Drug Class:

Based on the drug class, the market is segmented into anti-allergy, anti-VEGF agents, anti-inflammatory, anti-glaucoma and others. The anti-VEGF drug is more popular in the market, due to its high adoption rate and they are more economical in comparison to other drugs. From the Brazilian SUS perspective, bevacizumab is more cost-effective for neovascular age-related macular degeneration.

By Device Used:

Based on devices used, the ophthalmology devices in Brazil is classified into computerized field analysers, contact lenses, refractors, contact lens clearing and disinfecting solutions, glaucoma drainage devices, iris retractors, ophthalmic lasers, intraocular lenses, ophthalmoscopes, optical coherence tomography devices, phoropters, and others. The primary function of all these devices is surgery, diagnosis, and vision care. It is observed that the demand is more for the vision care devices segment in the market.

By Drug Type:

On the basis drug types, the market is segmented into prescription drugs and OTC drugs. Prescription drugs are having a higher usage in the market and is accounted for more revenue due to their efficiency and improved safety.

By Dosage Form:

On the basis of dosage form of drugs, the market is segmented into gels, eye solutions, capsules & tablets, eye drops and ointments. The eye drop segment has dominated the market in this sector. After the development of eye drop with neuroprotective effects in diabetic patients, this segment is forecast to grow even more.

Major Players

Sun pharmaceuticals, Carl Zeiss AG, Ziemer Group Holding AG, are some of the big players in the ophthalmology drugs and devices segment. One of their major competition is with Novartis International AG, which has deep roots in Brazil’s pharmaceutical industry because of it’s manufacturing in generic drugs, OTC drugs, contact lenses etc.

Research Methodology

Insights10 will provide you reports within 10 key parameters which are:

  1. Market overview
  2. Market growth drivers & restraints
  3. Epidemiology or disease type
  4. Market segmentation
  5. Market share
  6. Competitive landscape
  7. Key company profiles
  8. Healthcare policies & regulatory framework
  9. Reimbursement scenario
  10. Factors driving future growth

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Market Sizing and Analysis: Our expert data analytics team has created various market forecast models by employing the top-down approach i.e. start with large overall market and segment different areas and bottom-up approach i.e. start with population and epidemiology and roll up based on spend, etc., estimating the size of the market, and distributing among the geographic and/or product segments.

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The study on the market covers the analysis of the leading geographies such as North America, Europe, Asia-Pacific, and Africa for the period of 2020 to 2028. The qualitative analysis covers the industry landscape and trends, market opportunities, competitive landscape and policy and regulatory scenario and the quantitative analysis covers different market estimates and forecasts.

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Stage III: Interpretation and Presentation

Analysis & Interpretation: The information gathered is then analysed and synthesized. A second series of interviews are done if necessary to check and validate. The future opportunities are analysed by understanding product commercialization and many other factors. It also comprises the analysis of data discrepancies observed across various data sources. Information procured from secondary and primary results are then, interpreted by considering following parameters: (a partial list)

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The foreign exchange rates are calculated on the respective dates and for the respective regions covered in the study.

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