According to a new report published by Allied Market Research, titled, โOptic Nerve Disorders Treatment Market: Global Opportunity Analysis and Industry Forecast, 2021-2030โ The optic nerve of the eye is the second cranial nerve, which helps transmit sensory information to the brain for vision. This nerve develops from the optic vesicle of the forebrain during fetal development. Damage to the optic nerve or its pathways that lead to the brain may result in the loss of vision. Different types of optic nerve disorders are prevalent across the glove such as glaucoma, optic nerve atrophy, optic neuritis, and optic nerve head drusen. Most of these disorders are symptomatically treated. The treatments may not improve vision, but they can help prevent vision loss that may occur further with the disorder.
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COVID-19 Impact Analysis
Pharmaceutical and biotech companies together with governments around the globe are working to address the COVID-19 outbreak, from supporting the development of vaccines to planning for medicine supply chain challenges. Currently, around 115 vaccine candidates and 155 molecules are in the R&D pipeline. Moreover, commonly used drugs such as hydroxychloroquine have witnessed a dramatic surge in demand for the management of COVID-19. Such high demand for these drugs has presented huge opportunities for manufacturers of COVID-19 management drugs, as many developed countries are facing a shortage of these drugs. Thus, the pharmaceutical and biotechnology industries are expected to witness significant growth in the future, owing to the demand for vaccines and treatment drugs for COVID-19.
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The growth of the optic nerve disorders treatment market is attributed to the global rise in the number of cases of glaucoma. Glaucoma is caused by an increase in fluid pressure in the eyes.
In addition, increase in the aging population across the world contributes to the growth of the optic nerve disorders treatment market. This is attributed to the fact that aged individuals are more prone to develop eye problems and optic nerve disorders.
๐๐๐ฒ ๐๐๐ง๐๐๐ข๐ญ๐ฌ:
- This study presents the analytical depiction of the optic nerve disorders treatment industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with a detailed analysis of the optic nerve disorders treatment market share.
- The current market is quantitatively analyzed from 2020 to 2030 to highlight the optic nerve disorders treatment market growth scenario.
- Porterโs five forces analysis illustrates the potency of buyers & suppliers in the optic nerve disorders treatment market.
- The report provides a detailed analysis depending on competitive intensity and how the competition will take shape in the coming years.
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Key Market Players
- Santen Pharmaceutical Co. Ltd.,
- Allergan Plc.,
- Novartis AG,
- Pfizer, Inc.,
- Bausch Health Companies, Inc.,
- Aerie Pharmaceuticals, Inc.,
- Teva Pharmaceutical Industries Ltd.,
- Bionure Farma, S.L.,
- Mallinckrodt Pharmaceuticals
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Questions Answered in the Report
- Which are the leading players active in the optic nerve disorders treatment market?
- How is each segment of the market expected to grow during the forecast period?
- What are the adoption trends for optic nerve disorders treatment in emerging economies and established economies across the world?
- What are the current trends that will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities of the optic nerve disorders treatment market?
- What future projections would help in taking further strategic steps in the market?
- What are the impacts of COVID-19 on the industry?
- What are optic nerve disorders?
- What are the current and predicted trends of the market?
๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
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