The 7 major ptosis markets reached a value of US$ 770.6 Million in 2023. Looking forward, IMARC Group expects the 7MM to reach US$ 1,306.2 Million by 2034, exhibiting a growth rate (CAGR) of 4.92% during 2024-2034.
Report Attribute
|
Key Statistics
|
---|---|
Base Year |
2023
|
Forecast Years | 2024-2034 |
Historical Years |
2018-2023
|
Market Size in 2023
|
US$ 770.6 Million |
Market Forecast in 2034
|
US$ 1,306.2 Million |
Market Growth Rate (2024-2034)
|
4.92% |
The ptosis market has been comprehensively analyzed in IMARC's new report titled "Ptosis Market: Epidemiology, Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2034". Ptosis refers to a medical condition characterized by the upper eyelid's partial or complete drooping over the eye. As a result, the affected eye may appear smaller, and the patient may experience a limited field of vision. This disease can occur in one or both eyes and may arise at birth (congenital) or develop later in life (acquired). The symptoms of ptosis can vary depending on the severity of the ailment but commonly include a visibly drooping eyelid, decreased field of vision, eye fatigue, eyebrow strain, etc. In some cases, individuals suffering from this illness may also experience compensatory head tilting or forehead muscle overactivity. The diagnosis of the disease is typically made by reviewing a patient's medical history, clinical features, and eye examination. A healthcare practitioner will initially assess the position and symmetry of the eyelids, evaluate the degree of ptosis, and look for any other abnormalities. Several diagnostic tests and procedures, such as imaging studies, blood workups, eyelid function assessments, etc., are also utilized to identify the underlying cause of ptosis.
The expanding geriatric population, who are susceptible to age-related changes in connective tissues, making them thinner and less resilient, is primarily driving the ptosis market. In addition to this, the increasing prevalence of neurological conditions, including Horner's syndrome and myasthenia gravis, that affect the nerves and muscles controlling the eyelids is creating a positive outlook for the market. Moreover, the escalating utilization of anticholinesterase inhibitors, like pyridostigmine, which work by inhibiting the breakdown of neurotransmitters involved in muscle contraction to improve muscle strength and promote elevation of the eyelid, is also bolstering the market growth. Furthermore, the widespread adoption of botulinum toxin injections to treat patients who cannot undergo surgery is acting as another significant growth-inducing factor. This minimally invasive therapy helps to raise the drooping eyelid, thereby enhancing the overall appearance and reducing the noticeable asymmetry among individuals suffering from the ailment. Additionally, the emerging popularity of blepharoplasty on account of its numerous advantages, such as better eyesight, functional improvement, and long-lasting results, is expected to drive the ptosis market during the forecast period.
IMARC Group's new report provides an exhaustive analysis of the ptosis 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 ptosis 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 ptosis 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 ptosis marketed drugs and late-stage pipeline drugs.
In-Market Drugs
Late-Stage Pipeline Drugs
Market Insights
Epidemiology Insights
Ptosis: Current Treatment Scenario, Marketed Drugs and Emerging Therapies