Modest growth forecast for glaucoma market by 2033
The glaucoma market across the seven major markets is forecast to increase at a compound annual growth rate (CAGR) of 2.1% from $2.1 billion in 2023 to $2.5 billion in 2033, according to pharma analytics company GlobalData.
GlobalData’s latest report, “Glaucoma: Seven Market Drug Forecast and Market Analysis,” reveals that the projected growth in the glaucoma market during the forecast period will be primarily driven by an aging population within the 7MM (the USA, France, Germany, Italy, Spain, the UK and Japan), which is expected to contribute to a rising prevalence of glaucoma. Additionally, market growth will be driven by the launch of pipeline products.
GlobalData predicts that six late-stage pipeline products are set to enter the glaucoma market during the forecast period. The pipeline features prostaglandin analogues, intracameral implants, novel mechanism of actions (MOA) and new drug delivery systems.
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