The 7 major ocular hypertension markets reached a value of US$ 3,054.0 Million in 2023. Looking forward, IMARC Group expects the 7MM to reach US$ 4,538.6 Million by 2034, exhibiting a growth rate (CAGR) of 3.67% during 2024-2034.
Report Attribute
|
Key Statistics
|
---|---|
Base Year | 2023 |
Forecast Years | 2024-2034 |
Historical Years |
2018-2023
|
Market Size in 2023
|
US$ 3,054.0 Million |
Market Forecast in 2034
|
US$ 4,538.6 Million |
Market Growth Rate 2024-2034
|
3.67% |
The ocular hypertension market has been comprehensively analyzed in IMARC's new report titled "Ocular Hypertension Market: Epidemiology, Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2034". Ocular hypertension refers to a condition characterized by higher-than-normal intraocular pressure (IOP) in the eye. Intraocular pressure is the fluid pressure inside the eye, maintained by the balance between the production and drainage of fluid called aqueous humor. Most people suffering from ocular hypertension are asymptomatic, but some patients may occasionally experience mild eye discomfort, including a feeling of pressure or aching in the eye. In rare cases, ocular hypertension may be accompanied by mild headaches, particularly around the temples or in the forehead. The diagnosis of ocular hypertension is typically made during a comprehensive eye examination. The main diagnostic criterion is the measurement of intraocular pressure using instruments like a tonometer. In general, an IOP reading of 21 mmHg or higher is considered elevated and indicative of ocular hypertension. The eye care professional may also assess the optic nerve through various techniques, such as ophthalmoscopy and optical coherence tomography (OCT). Additionally, a thorough examination of the anterior chamber angle may be performed to assess the drainage structures of the eye.
The escalating cases of inflammation, scarring, or structural abnormalities in the eye resulting from trauma or surgery, which can impair the proper outflow of aqueous humor, are primarily driving the ocular hypertension market. In addition to this, the rising prevalence of several associated risk factors, including genetic predisposition, age-related changes in the eye's drainage system, underlying systemic conditions like diabetes, prolonged use of corticosteroids, etc., is also bolstering the market growth. Furthermore, the inflating adoption of topical eye drops to lower elevated intraocular pressure by increasing the outflow of aqueous humor or reducing its production is acting as another significant growth-inducing factor. Additionally, the emerging popularity of cyclophotocoagulation, which uses laser or cryotherapy to target the ciliary body, thereby lowering its ability to produce aqueous humor, is also creating a positive outlook for the market. Apart from this, the escalating utilization of selective laser trabeculoplasty on account of its several associated benefits, such as targeted treatment without damaging surrounding tissues, minimal downtime and quick recovery, potential long-term advantages with sustained intraocular pressure control, etc., is expected to drive the ocular hypertension market in the coming years.
IMARC Group's new report provides an exhaustive analysis of the ocular hypertension market in the United States, EU4 (Germany, Spain, Italy, and France), United Kingdom, and Japan. This includes treatment practices, in-market, and pipeline drugs, share of individual therapies, market performance across the seven major markets, market performance of key companies and their drugs, etc. The report also provides the current and future patient pool across the seven major markets. According to the report, the United States has the largest patient pool for ocular hypertension and also represents the largest market for its treatment. Furthermore, the current treatment practice/algorithm, market drivers, challenges, opportunities, reimbursement scenario, unmet medical needs, etc., have also been provided in the report. This report is a must-read for manufacturers, investors, business strategists, researchers, consultants, and all those who have any kind of stake or are planning to foray into the ocular hypertension market in any manner.
Rocklatan (netarsudil and latanoprost ophthalmic solution) 0.02%/0.005% is a mixture of two prescription drugs that relieve high eye pressure (IOP) in people with open-angle glaucoma or ocular hypertension. The drug is recommended to be administered at a dosage of one drop once daily in the evening in the affected eye(s).
AGN-193408 sustained release is under clinical development by AbbVie for the treatment of ocular hypertension. This therapeutic candidate works by targeting the prostaglandin F2 alpha receptor and is administered as an implant via the ocular method.
QLS-101 is a new ATP-sensitive potassium (KATP) channel modulator delivered as a topical eyedrop. It addresses distal outflow resistance and episcleral venous pressure (EVP), which are important components of IOP. It also reduces IOP by expanding outflow channels and episcleral arteries in the eye distal to the trabecular meshwork.
Time Period of the Study
Countries Covered
Analysis Covered Across Each Country
This report also provides a detailed analysis of the current ocular hypertension marketed drugs and late-stage pipeline drugs.
In-Market Drugs
Late-Stage Pipeline Drugs
Drugs | Company Name |
---|---|
Rocklatan (Latanoprost/netarsudil) | Alcon |
Durysta (Bimatoprost sustained-release) | AbbVie |
Lumigan (Bimatoprost) | AbbVie |
Vyzulta (Latanoprostene bunod) | Bausch & Lomb |
Rescula (Unoprostone) | R-Tech Ueno Ltd |
AGN 193408 sustained-release | AbbVie |
QLS-101 | Qlaris Bio |
STN 1012600 | Santen Pharmaceutical |
NCX 470 | Nicox Ophthalmics |
OTX TIC | Ocular Therapeutix |
*Kindly note that the drugs in the above table only represent a partial list of marketed/pipeline drugs, and the complete list has been provided in the report.
Market Insights
Epidemiology Insights
Ocular Hypertension: Current Treatment Scenario, Marketed Drugs and Emerging Therapies