LONDON, March 21, 2012 /PRNewswire/ --
A new report by visiongain predicts that the world market for ophthalmic drugs will reach $18.7 billion for 2012. That revenue forecast appears in Ophthalmic Drugs: World Market Prospects 2012-2022, published in March 2012. Visiongain is a business information provider based in London, UK.
From 2012 to 2022, the pharmaceutical industry will improve treatment of ocular disorders and increase revenues from those products. The R&D pipeline for treating eye diseases is strong. Visiongain's study predicts that the world market for eye drugs will grow strongly from 2012 to 2022. It will be stimulated by increasing prevalence of eye disorders among aging populations worldwide. Sustained-release ocular implants, gene therapy and RNA interference technology will influence R&D in ophthalmology, as will neuroprotective agents for glaucoma. Many commercial opportunities for ophthalmic drugs exist, with high revenues possible this decade.
Dr Syed Ahmed, a senior pharmaceutical industry analyst at visiongain, said, "The world market for ophthalmic drugs is an important segment of the pharma industry. The main causes of visual impairment and sight loss in developed countries are retinal diseases. These include age-related macular degeneration (AMD), diabetic macular oedema and macular oedema caused by retinal vein occlusion. Glaucoma is the leading cause of irreversible blindness. It remains a large segment of the ophthalmic prescription drug market. Worldwide, there are many under-met treatment needs for eye disorders.
"Over coming years, there will be much research in ophthalmics, especially for sustained release implants and injection technologies for retinal diseases. Improved drug delivery and new formulations will be important. Sustained release formulations will offer marked potential for revenue growth. Diabetic macular oedema (DME) will also be important to the future of the ophthalmic drug market. The number of people developing Type II diabetes is rising, with many diabetics developing DME. In particular, anti-VEGF therapy will play an increasing role in the treatment of DME."
Visiongain's report provides revenue forecasts to 2022 at world market, therapeutic submarket, product and national level. It forecasts world sales for the following submarkets:
- Glaucoma treatments
- Anti-allergy, anti-inflammatory and anti-infective agents
- Retinal disorder treatments
- Dry eye treatments
- Other medicines.
That investigation forecasts sales of 20 leading drugs, including Lucentis, Visudyne, Xalatan/Xalacom and Restasis. Research, data and analyses cover activities of Allergan, Novartis, Pfizer, Roche and other pharmaceutical companies.
The analysis includes researching the R&D pipeline, interviewing authorities on the industry and forecasting revenues in leading national markets. Countries analysed are the US, Japan, the EU5, Brazil, China and India. Ophthalmic Drugs: World Market Prospects 2012-2022 adds to visiongain's range of analytical reports on industries and markets in healthcare.
For sample pages and further information concerning the Visiongain report Ophthalmic Drugs: World Market Prospects 2012-2022 please visit:
For an executive summary and to order this report please contact:
Email: Sara Peerun on [email protected]
American Academy of Ophthalmology (AAO) [US]
American Society of Retina Specialists (ASRS) [US]
Association for Research in Vision and Ophthalmology
Bausch & Lomb
Chugai Pharmaceutical Corp.
European Medicines Agency (EMEA/EMA)
Food and Drug Administration (FDA) [US]
Galderma International SA (Nestlé and L'Oréal)
Johnson & Johnson
Kyorin Pharmaceutical Co.
Kyowa Hakko Kirin Corp.
Merck & Co.
Ministry of Health, Labour and Welfare [Japan]
Moorfields Eye Hospital [UK]
National Eye Institute (NEI) [US]
National Health Service (NHS) [UK]
National Institute for Health and Clinical Excellence (NICE) [UK]
National Institutes of Health (NIH) [US]
Otsuka Pharmaceutical Corp.
Oxford Eye Hospital [UK]
Rutgers University, Springfield, New Jersey [US]
Santen Pharmaceutical Corp.
Sanwa Kagaku Kenkyusho Corp.
Teva Pharmaceutical Industries
University College of London (UCL), Institute of Ophthalmology [UK]
University of Aston, Birmingham [UK]
University of Oxford [UK]
Visiongain is one of the fastest growing and most innovative independent media companies in Europe. Based in London, UK, visiongain produces a host of business-2-business conferences, newsletters, management reports and e-zines focusing on the Energy, Telecoms, Pharmaceutical, Defence, Materials sectors.
Notes for Editors
Visiongain publishes reports produced by its in-house analysts, who are qualified experts in their field. Visiongain has firmly established itself as the first port-of-call for the business professional, who needs independent, high quality, original material to rely and depend on.
If you are interested in a more detailed overview of this report, please send an e-mail to [email protected] or call her on +44(0)207-336-6100