Myopia, also known as nearsightedness, is a common vision condition in which you can see objects near to you clearly, but objects farther away are blurry whereas presbyopia is the gradual loss of your eyes’ ability to focus on nearby objects.
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Major players operating in the global myopia & presbyopia eye drops market include, AbbVie Inc. (Allergan), Eyenovia, Inc., Jawa Pharmaceuticals (India) Pvt. Ltd., LENZ Therapeutics, Novartis AG, Ocuphire Pharma Inc., Orasis Pharmaceuticals, OSRX Pharmaceuticals, Visus Therapeutics, and Vyluma Inc.
Key Market Drivers:
High prevalence of myopia is expected to propel growth of the global myopia & presbyopia eye drops market over the forecast period. The prevalence has increased in rural India from 4.6% in 1980–2008 to 6.8% in 2009–2019, compared to a change from 7.9% to 8.9% in urban India during the same period.
Covid-19 Impact Analysis
Globally, as of 5:05pm CET, 29 November 2021, there have been 260,867,011 confirmed cases of COVID-19, including 5,200,267 deaths, reported to WHO. As of 29 November 2021, a total of 7,772,799,316 vaccine doses have been administered. More screen time during COVID-19 shutdowns may have contributed to an increased incidence of myopia among children.
𝐂𝐡𝐫𝐢𝐬𝐭𝐦𝐚𝐬 𝐒𝐚𝐥𝐞 𝐈𝐬 𝐋𝐢𝐯𝐞!
𝐁𝐮𝐲 𝐍𝐨𝐰 𝐓𝐨 𝐀𝐯𝐚𝐢𝐥 𝐃𝐢𝐬𝐜𝐨𝐮𝐧𝐭 𝐅𝐫𝐨𝐦 𝟐𝟓-𝟑𝟎% 𝐭𝐢𝐥𝐥 𝟑𝟏-𝐃𝐞𝐜-𝟐𝟎𝟐𝟏
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Major players operating in the global myopia & presbyopia eye drops market are focused on R&D to expand their product portfolio. For instance, in November 2021, iVeena Delivery Systems, a clinical stage biopharmaceutical company, announced successful completion of a pre-IND meeting with the U.S. Food and Drug Administration regarding the development plan for a novel pharmacologic treatment of pediatric myopia.
Major players operating in the global myopia & presbyopia eye drops market are also focused on adopting M&A strategies to expand their product portfolio. For instance, in February 2021, Laboratoires Théa acquired NVK-002, a low-dose atropine eye drop, from Nevakar for distribution in Europe.
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Table of Content
Chapter 1 Industry Overview
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Global Myopia & Presbyopia Eye Drops Market Size Analysis from 2021 to 2027
11.6 COVID-19 Outbreak: Myopia & Presbyopia Eye Drops Industry Impact
Chapter 2 Global Myopia & Presbyopia Eye Drops Competition by Types, Applications, and Top Regions and Countries
2.1 Global Myopia & Presbyopia Eye Drops (Volume and Value) by Type
2.3 Global Myopia & Presbyopia Eye Drops (Volume and Value) by Regions
Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis
Chapter 4 Global Myopia & Presbyopia Eye Drops Sales, Consumption, Export, Import by Regions (2016-2021)
Chapter 5 North America Myopia & Presbyopia Eye Drops Market Analysis
Chapter 6 East Asia Myopia & Presbyopia Eye Drops Market Analysis
Chapter 7 Europe Myopia & Presbyopia Eye Drops Market Analysis
Chapter 8 South Asia Myopia & Presbyopia Eye Drops Market Analysis
Chapter 9 Southeast Asia Myopia & Presbyopia Eye Drops Market Analysis
Chapter 10 Middle East Myopia & Presbyopia Eye Drops Market Analysis
Chapter 11 Africa Myopia & Presbyopia Eye Drops Market Analysis
Chapter 12 Oceania Myopia & Presbyopia Eye Drops Market Analysis
Chapter 13 South America Myopia & Presbyopia Eye Drops Market Analysis
Chapter 14 Company Profiles and Key Figures in Myopia & Presbyopia Eye Drops Business
Chapter 15 Global Myopia & Presbyopia Eye Drops Market Forecast (2021-2027)
Chapter 16 Conclusions
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