Ischemic Optic Neuropathy Treatment Market Size 2021 Driving Factors, Industry Growth, Key Vendors and Forecasts to 2027

Market Study Report has released a new research study on Ischemic Optic Neuropathy Treatment market Analysis 2021-2027 inclusive of one or more factors covering regional opportunities, application landscape, product demand trends, and end-use portfolio of the industry over the forecast timeframe. The report also outlines the competitive framework of the Ischemic Optic Neuropathy Treatment industry detailing the SWOT analysis and market share dominance of the prominent players.

Global Ischemic Optic Neuropathy Treatment Market to reach USD billion by 2027. Global Ischemic Optic Neuropathy Treatment Market is valued at approximately USD million in 2020 and is anticipated to grow with a healthy growth rate of more than % over the forecast period 2021-2027.

There are two forms of ischemic optic neuropathies (IONs): posterior ischemic optic neuropathy (PION) and anterior ischemic optic neuropathy (AION). Anterior ischemic optic neuropathy (AION) is caused by inflammation of the arteries that feed blood to the optic nerve, while non-anterior ischemic optic neuropathy is caused by other factors. Individuals are more likely to develop anterior ischemic optic neuropathy than posterior ischemic optic neuropathy.

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Major market player included in this report are:

  • AbbVie Inc.
  • Eli Lily Company
  • GlaxoSmithKline
  • Pfizer Inc.
  • Teva Pharmaceuticals
  • Bausch Health Companies Inc.
  • F. Hoffmann-La Roche AG
  • Bayer AG
  • Sanofi A.S.
  • Bristol-Myers Squibb and Company

In the case of anterior ischemic optic neuropathy, immediate treatment is required to prevent vision loss in the affected eye, as it can also cause damage to the other eye in as little as 5 to 10 days. As the number of people with optic nerve problems rises, so does interest in the pharmaceuticals that treat them, supporting market growth.

According to the World Health Organization (WHO), over 1.3 billion people suffer from eyesight problems. In the optometric area, growing interest in non-invasive medical procedures is also creating attractive prospects for industry players. Patients, after learning about the costs and hazards of surgeries, have a strong preference for pharmaceuticals over medical procedures, which is a major component in the market’s growth.

Several key manufacturers are taking strategic initiatives to expand their presence in the market. For instance, in January 2021, Eli Lilly and Company acquired Prevail Therapeutics Inc.  establishing a new mode of medication discovery and development.

Similarly, The Brazilian Health Regulatory Agency (ANVISA – Agncia Nacional de Vigilncia Sanitria) approved Bausch Health Companies Inc.’s VYZULTA (latanoprostene bunod ophthalmic solution), 0.024 percent, in April 2021. Likewise, Teva Pharmaceuticals announced a new strategic focus on the Japanese market in July 2020. Specialty assets and a portfolio of select generics that fulfil patients’ medical needs are the focus of Japan’s commercial endeavour. However, side effects associated with the treatment may impede market growth over the forecast period of 2021-2027.

The regional analysis of the global Ischemic Optic Neuropathy Treatment Market is considered for the key regions such as North America, Asia Pacific, Latin America, Europe, and Rest of the World (ROW).  North America is the leading region across the world in terms of market share due to high availability of advanced treatment facilities and medical infrastructure in the region. Whereas Europe is also anticipated to exhibit the highest growth rate over the forecast period 2021-2027, due to R&D activities in the treatment of eye-related diseases.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study.

Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

The detailed segments and sub-segment of the market are explained below:

By Treatment Type:

Steroidal Therapy

Immunomodulators therapy

Other Treatment Types

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018-19

Base year – 2019-2020

Forecast period – 2021 to 2027.

Target Audience of the Global Ischemic Optic Neuropathy Treatment Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers


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