March 14, 2023/Industry News Global/ -- The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the Glaucoma Treatment Market.

Glaucoma Treatment Market report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

Market Insights

The global glaucoma treatment market is likely to grow from USD 5.9 billion in 2021 to reach USD 7.46 billion by 2028 at a healthy CAGR of 3.32 % during the forecast period.

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Market Dynamics

Rising cases of glaucoma are a key factor boosting the demand for glaucoma treatment across the globe.

  • As glaucoma is a painless disorder of the eye that does not exhibit any kind of symptoms until significant vision loss, thus several patients suffering from glaucoma are rising day by day.
  • In addition, rising awareness of glaucoma by pharmaceutical and government companies’ campaigns are further creating lucrative growth opportunities for the market players.
  • Furthermore, significant technological developments in treatment as eye drop are the primary control sage for glaucoma, and various pharmaceutical and biotechnological companies are investing in new product development for glaucoma is another reason behind the market growth.

COVID-19 Impact

·         The ongoing COVID-19 pandemic has significantly affected the glaucoma treatment industry due to the shift of medical treatment from glaucoma and other health condition towards the treatment of coronavirus-affected patients. Many government healthcare facilities have recognized glaucoma as an elective. Thus, all the surgeries associated with this condition were postponed or canceled across the globe due to the outbreak of the COVID-19 pandemic.

 

Features of the Report

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.

The Glaucoma Treatment Market analysis report discusses the following heads in great detail:

·         Market structure: Overview, industry life cycle analysis, supply chain analysis

·         COVID-19 Impact Assessment

·         Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis

·         Market trend and forecast analysis

·         Market segment trend and forecast

·         Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.

·         Attractive market segments and associated growth opportunities

·         Emerging trends

·         Strategic growth opportunities for the existing and new players

·         Key success factors 

About Stratview Research

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