Ischemic Optic Neuropathy Treatment Market To Witness A Paradigm ShiftPosted by Merin John on June 15th, 2021 Ischemic optic neuropathy occurs because of a small vessel infraction of the optic nerve, and is a significant reason for impaired vision or blindness. Increasing utilization of newly approved intravitreal implants for the treatment of optic nerve disorders is expected to drive the market over the coming years. With developing awareness toward eye-associated inconveniences that give rise to impaired vision, diabetic patients and the geriatric population in developed nations are believed to have a proactive methodology for treatment-associated difficulties instead of reactive treatment, which likewise supports the development of the market. Drug manufacturing and leading pharmaceutical companies from emerging nations are significantly investing in research & development activities, new technologies, and infrastructure in ophthalmology therapeutics to capture a market share in the developing burden of eye infections. According to a new report published by Persistence Market Research, the global ischemic optic neuropathy treatment market valued at US$ 187.7 Mn in 2020, and is predicted to expand at a CAGR of close to 4% over the forecast period (2021-2031). Get Sample Copy of this Report @ https://www.persistencemarketresearch.com/samples/23077 Company profiles:
Key Takeaways from Market Study
“Technological advancements in ischemic optic neuropathy treatment, increasing prevalence of optic nerve disorders, rising geriatric population, and increasing research & development activities are is expected to drive market growth over the coming years,” says an analyst of Persistence Market Research. Increasing R&D Spending by Pharmaceutical Companies Major pharmaceutical companies are aiming at developing improved drugs for ischemic optic neuropathy management. Moreover, few manufacturers are solely focusing on the development of drugs for the treatment of ischemic optic neuropathy with minimum side-effects. Thus, increasing spending by leading pharmaceutical companies for the development of drugs with minimum side-effects is expected to propel market expansion over the forest period. What Does the Report Cover? Persistence Market Research offers a unique perspective and actionable insights on the ischemic optic neuropathy treatment market in its latest study, presenting a historical demand assessment of 2016 – 2020 and projections for 2021 – 2031. The research study is based on drug class (corticosteroids, antimetabolites, anticoagulants, serotonin and norepinephrine reuptake inhibitors (SNRIs), and nonsteroidal anti-inflammatory drugs (NSAIDs)), route of administration (oral and injectable), disease (anterior ischemic optic neuropathy and posterior ischemic optic neuropathy), and distribution channel (hospital pharmacies, retail pharmacies, drug stores, and online pharmacies), across seven key regions of the world. Like it? Share it!More by this author |