Global Glaucoma Market


  • Type: Common Disease Area
  • Published : March 2021
  • Region: Worldwide
  • Country: Other
  • Report ID : 233

  • Format: PPT, PDF

Global Glaucoma Market: Segmented by Drug Class (Beta Blockers, Prostaglandins Analogs, Alpha Adrenergic Agonists, Carbonic Anhydrase Inhibitors, Combination Drugs, and Others), by Disease Indication (Open Angle Glaucoma, Angle Closure Glaucoma, and Others), by Distribution Channel (Hospital Pharmacy, Retail Pharmacy, and Online Pharmacy), and Regional Forecast, 2019-2028.


Report Overview

The global glaucoma therapeutics market size stood at around USD 6.59 billion in 2019 and is projected to reach USD xx billion by 2028, exhibiting a CAGR of xx% during the forecast period.

Glaucoma is one of the most common ophthalmic disorders that are encountered in secondary and primary care facilities and the third leading cause of blindness among the population. According to BrightFocus Foundation, glaucoma is prevalent in 3 million individuals in the U.S. and out of those, 2.7 million are aged more than 40 years. This slow progressing disorder is caused due to structural changes in the optical nerve causing blindness or varying levels of visual loss. The increasing pool of geriatric population and improving diagnostic tools to detect glaucoma are aiding the glaucoma therapeutics market growth.

Market Drivers

The increasing prevalence of glaucoma across the globe represents one of the key factors driving the growth of the market. Glaucoma is highly prevalent in patients with diabetes and other eye disorders, such as age-related macular degeneration (AMD), cataract and dry eye. In line with this, the rising geriatric population, which is more susceptible to such ailments, is creating a positive outlook for the market growth. Furthermore, increasing health consciousness among the masses and rising preference for laser glaucoma surgery is also driving the market growth.

Additionally, the development of innovative combination drugs is acting as another growth-inducing factor. Pharmaceutical manufacturers are creating anti-glaucoma drugs and prostaglandin analogs combined with two or more drugs to control the elevated levels of IOP. Other factors, including the advent of advanced glaucoma diagnostic techniques, along with improvements in the healthcare infrastructure, are anticipated to drive the market further. Looking forward, the publisher expects the global glaucoma therapeutics market to continue its moderate growth during the next five years.

1. Global Glaucoma Therapeutics Market Overview………………………………………..
A. Market Size
2. Market Growth Drivers……………………………………………………..……………….
A. High Incidences of Glaucoma Diseases Coupled with Geriatric Population
B. Rising Demand for Minimally Invasive Surgery for Glaucoma Treatment
C. Innovations in Products and Technologies Such As Xen Gel Stent
D. Initiatives by Government and Healthcare Institutions
3. Major Types of Glaucoma………………………………………………………………….
A. Open Angle Glaucoma
B. Angle Closure Glaucoma
C. Others
4. Pain Management Drugs Market Segmentation……………..…………………………..
A. By Drug Class
I. Prostaglandin Analogs
II. Beta Blockers
III. Alpha Adrenergic Agonists
IV. Carbonic Anhydrase Inhibitors
V. Combination Drugs
VI. Others
B. By Pain Type
I. Hospitals
II. Ophthalmic Clinics
III. Ambulatory Surgery Centers
IV. Others
C. By Geography
I. North America Market Analysis
II. Europe Market Analysis
III. Asia-Pacific Market Analysis
IV. Latin America, Middle-East and Africa Market Analysis
5. Glaucoma Therapeutics Major Drugs Market Share………………………………..
A. Market Analysis, Insights and Forecast to 2028 by revenue
6. Competitive Landscape………………………………………………………….………..
A. Major Players
B. Products in Pipeline
7. Key Company Profiles…………………………………………………………………….
A. Merck & Co Company overview, Product & Services, Strategies & Financials
B. Allergan Company overview, Product & Services, Strategies & Financials
C. Novartis AG Company profile, Product & Services, Strategies & Financials
8. Potential Growth Opportunities………………………………………………..…………
A. Advancements in drug development
B. Untapped markets in developing economies
9. Factors Driving Future Growth…………………………………………………………..
A. Key Industry Trends and Recent Developments in Glaucoma Therapeutics Market
B. Future Opportunities
10. Conclusion

Market Segmentation

By Drug Class:

On the basis of drug class, the market is categorized into beta blockers, prostaglandins analogs, alpha adrenergic agonists, carbonic anhydrase inhibitors, combination drugs, and others. The prostaglandins analogs segment held the highest glaucoma therapeutics market share in 2019 owing to its efficacy to reduce intraocular pressure (IOP) and few side eects in comparison with the other therapies. The prostaglandins segment is further categorized into latanoprost, bimatoprost, travoprost, and others.

Combination drugs are also an upcoming therapy type to treat complicated and fast progressing glaucoma in rare cases.

By Disease Indication:

Based on disease indication, the market is segmented into open angle glaucoma, angle closure glaucoma, and others. The open angle glaucoma segment dominated the market in 2019 and is estimated to maintain its position over the forecast duration. This is attributed to the high prevalence of the disorder, as compared to the other types of glaucoma. Additionally, majority of the glaucoma therapeutic drugs currently available are indicated to treat open angle glaucoma making it the leading segment in the category.

By Region:

The United States is expected to be the largest glaucoma treatment market owing to the rising cases of glaucoma and the presence of better healthcare infrastructure. As per the data published by the BrightFocus Foundation more than 3 million Americans are living with glaucoma and open-angle glaucoma is the most common form of glaucoma.

Furthermore, glaucoma costs to the United States economy around USD 2.86 billion every year in direct costs and productivity losses. Also, there are various organizations in the United States creating awareness regarding glaucoma which is expected to propel the overall growth of the market.

Key Industry Players

The current scenario is fragmented with various key players operating in the market at a global level. The maximum share was held by Novartis AG and Allergan in terms of value. These two companies are focused on the manufacturing and distribution of prostaglandin analogues Travatan and Lumigan, respectively. A strong focus on new product developments and mergers and partnerships are some of the vital strategies adopted by the key players to maintain their dominance in the market. The other key players in the market include Merck & Co., Pzer, Inc., Teva Pharmaceutical Industries, Bausch and Lomb Incorporated, Inotek Pharmaceuticals, Aerie Pharmaceutical Industry, and other players.

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

Based on our many years of experience, we believe that these are the parameters that are critical to decision making for business stakeholders. Our focused approach to develop reports focused on 10 key parameters, enabled us to arrive at the name “Insights10”.

Our analysis methodology involves three critical stages:

Stage I: Market Data Collection

Primary Interviews: We have developed a network of experts, freelancers and researchers across countries through which we engage with local experts to gather key data points and assumptions around each market. We also engage regularly with some of the best market research agencies such as Atheneum, GuidePoint, GLG, etc. to conduct surveys and interviews, and build intelligence. We have language translators as a part of our team, who between them can cover 30+ languages allowing us to extract better local insights.

Secondary Data Collection: We have developed strong expertise and experience in secondary data collection methods for developing unique data sets and research material. We gather data from multiple reliable sources to maintain the high level of accuracy and consistency. The market data is analysed and forecasted using appropriate statistical and coherent models. The report offers an overall analysis of the market size, growth, market share as well as segment-level analysis of the specific market. Our report includes precise, to the point information related to the overall market, competition, growth drivers, challenges, regulatory updates, and competition.

Data Sources: We have access to multiple highly reliable free and subscription data sources. We have many years of experience to understand which sources are more dependable for what and which to prefer for the reliable and latest information. The key sources of information include the following, but are not limited to:

  • Statistical Databases
  • Company Websites/Annual Reports
  • Trade Publications
  • Online Databases
  • Published Research Reports
  • Whitepapers
  • Press Releases of Key Market Players

Stage II: Market Data Analysis and Statistical Model

Market Trends: We generally look at macro parameter and micro indicators. The macro parameters includes changes in government policies, demand and supply of the market, government intervention programs and major market share. The micro indicators GDP growth, market size, market volume etc. We also understand nuances specific to each country like US, Canada, India, Germany, etc. and have worked across 60+ countries and hence no only understand global trends, but how these differ by country, how payment models, market structure, cultural parameters, etc. differ in each country.

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.

The top-down approach mainly used for new product forecasting and bottom-up approach is used for demand estimation of any product for different countries summed up to form total market. We are able to round off insights and build stronger forecasts because we always do both these methods and triangulate the final numbers.

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.

Data Triangulation & Validation:

Data triangulation of various sources and results of the research are carried out by benchmarking with reliable sources such as industry statistics, statistical databases and the company level averages etc.

We make sure to finalize the numbers in alignment to the market research. Firstly, our internal experts ensure thorough validation and checking to ensure the accurate and precise analysis and then validation is also done using multiple data analysis model.  Two level validation is done and entails finalization of report scope and to way of representation pattern.

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)

  • Establishing market drivers and trends
  • Analyzing regulatory landscape to understand future growth
  • Market Segment based analysis to obtain revenue / volume
  • Analyzing current needs and determining penetration to estimate market

Insights: Our reports deliver actionable insights backed with supporting facts and figures to assist you in achieving exemplary growth. Our in-depth analyses are interspersed with relevant insights and statistics to offer an executive-level view of a given market. The description helps in correlating many minor factors affecting the market and its impact to the different segments within the market.
Data curated from the analysis and interpretation are drawn to portray all in one consolidated report.

Presentation & Reporting: The market research report is presented in different forms such as charts by using a scientific approach for easy understanding. Historic, current and future analysis is provided for each market in terms of both value and volume. The size of the market is interpreted in the US Dollar value and the respective unit, based on the product, for volume consumptions.
The foreign exchange rates are calculated on the respective dates and for the respective regions covered in the study.

To request a free sample copy this report, please complete the form below.

    We value your inquiry and offer free customization with every report to fulfil your exact research needs.

    This website is secure and your personal details are safe.

    This report addresses

    • Market intelligence to enable effective decision making
    • Growth opportunities and trend analysis
    • Competitive benchmarking
    • Historical data & forecasts
    • Regional opportunities

    Need more?

    • Speak to our analyst to know how this research was put together
    • Add more countries or regions as part of customisation
    • Understand how this report can have direct impact on your revenue

    Get a custom report based on your requirements