The 7 major optic nerve diseases markets are expected to exhibit a CAGR of 3.46% during 2024-2034.
Report Attribute
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Key Statistics
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Base Year
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2023
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Forecast Years
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2024-2034
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Historical Years
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2018-2023
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Market Growth Rate 2024-2034 | 3.46% |
The optic nerve diseases market has been comprehensively analyzed in IMARC's new report titled "Optic Nerve Diseases Market: Epidemiology, Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2034". Optic nerve diseases refer to a group of medical conditions that affect the optic nerve, which is a crucial structure responsible for transmitting visual information from the eyes to the brain. The symptoms and severity of the ailments can vary based on the extent of nerve damage and its underlying cause. Some common indications include blurry vision, loss of peripheral vision, changes in color vision, pain in the eyes, decreased contrast sensitivity, photophobia, impaired pupillary reflexes, uncontrolled, rhythmic eye movements, etc. In rare cases, these illnesses can lead to hallucinations that may be simple patterns, shapes, or more complex visual scenes. The diagnosis of optic nerve diseases typically involves a combination of clinical evaluation, medical history assessment, and eye tests. A fundoscopy, which uses an ophthalmoscope, is also recommended to examine the back of the eye and check for any signs of damage or swelling. The healthcare provider may further perform the optical coherence tomography (OCT) technique that provides cross-sectional pictures of the retina to measure the thickness of the nerve fiber layer and confirm the underlying cause in patients.
The escalating cases of glaucoma, which can compress and damage the delicate fibers of the optic nerve due to increased intraocular pressure, are primarily driving the optic nerve diseases market. In addition to this, the rising incidences of various associated risk factors, including infections, usage of certain medications, structural abnormalities, head injuries, eye trauma, advancing age, etc., are creating a positive outlook for the market. Moreover, the widespread adoption of intravenous immunoglobulin (IVIG) therapy, since it can potentially help to preserve optic nerve function and slow down the progression of damage, is further bolstering the market growth. Apart from this, the inflating application of plasmapheresis techniques, which can remove harmful substances, like antibodies or toxins, from the bloodstream, thereby enhancing the treatment outcomes in patients, is acting as another significant growth-inducing factor. Additionally, the emerging popularity of laser therapy to improve the drainage of fluid from the eyes, repair damaged nerve fibers, and reduce intraocular pressure is expected to drive the optic nerve diseases market during the forecast period.
IMARC Group's new report provides an exhaustive analysis of the optic nerve diseases market in the United States, EU5 (Germany, Spain, Italy, France, and 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 optic nerve diseases and also represents the largest market for its treatment. Furthermore, the current treatment practice/algorithm, market drivers, challenges, opportunities, reimbursement scenario and 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 optic nerve diseases market in any manner.
Time Period of the Study
Countries Covered
Analysis Covered Across Each Country
This report also provides a detailed analysis of the current optic nerve diseases marketed drugs and late-stage pipeline drugs.
In-Market Drugs
Late-Stage Pipeline Drugs
Drugs | Company Name |
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Rocklatan (Latanoprost/netarsudil) | Alcon |
Durysta (Bimatoprost sustained-release) | AbbVie |
Lumigan (Bimatoprost) | AbbVie |
Uplizna (Inebilizumab) | Horizon Therapeutics plc |
Enspryng (Satralizumab) | Chugai Pharmaceuticals/Roche |
NCX 470 | NicOx |
STN1012600 | Santen Pharmaceutical |
QLS-101 | Qlaris Bio |
Ravulizumab | Alexion AstraZeneca Rare Disease |
*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
Optic Nerve Diseases: Current Treatment Scenario, Marketed Drugs and Emerging Therapies