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20-Dec-2021

Rising Demand for Non-invasive Procedures in Optometric Space to Fuel Optic Nerve Disorders Drugs Market Growth

250 Pages Optic Nerve Disorders Drugs Market Survey by Fact MR, A Leading Business and Competitive Intelligence Provider

Optic nerve disorder, commonly known as optic neuropathy, is a medical condition indicating degeneration of the optic nerve. While mostly optic nerve disorders are hereditary, few of them are also acquired over the time. Some of probable etiologies (set of causes) leading to optic nerve disorders can include nutritional, ischemic, and toxic types.

Patients suffering from optic nerve disorders show marked preferences for optic nerve disorders drugs over surgeries for treating optic neuropathies, as they are highly cost-effective and minimally risky.

The Market Research Survey by Fact.MR, highlights the key reasons behind increasing demand and sales of Optic Nerve Disorders Drugs. Optic Nerve Disorders Drugs market drivers and constraints, threats and opportunities, regional segmentation and opportunity assessment, end-use/application prospects review are addressed in the Optic Nerve Disorders Drugs market survey report. The survey report provides a comprehensive analysis of Optic Nerve Disorders Drugs market key trends and insights on Optic Nerve Disorders Drugs market size and share.

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Optic Nerve Disorders Drugs Market – Novel Developments

Some of the key market players operating in the optic nerve disorders drugs market include Novartis AG, Santhera Pharmaceuticals, Allergan plc., Stealth BioTherapeutics Inc., Quark, Takeda Pharmaceutical Company, Merck & Co., and others.

  • In 2019, Santhera Pharmaceuticals- a leading player in the optic nerve disorders drugs market- made an official announcement regarding its successful completion of patient enrollments in the on-going ‘Phase 1V’ study (LEROS) using Raxone® (idebenone) for treatment of hereditary optic neuropathies, otherwise known as optic nerve disorders. This 24- month long study was conducted across 31 study centers in the USA and Europe and the results are expected to be out by 2021.
  • In 2016, Quark Pharmaceuticals Inc. – a key player in the optic nerve disorders drugs market- partnered with Biocon Ltd., a leading biopharmaceutical firm to start various clinical trials of a drug meant to treat eye disorders. The study will further determine, over a duration of more than 12 months, the levels of efficacy and safety of drug candidate ‘;QPI-1007’ on the patients suffering from acute non-arteritic ischemic optic neuropathy (NAION), a medical condition wherein low blood supply to the optic nerves results in permanent vision impairment.

Optic Nerve Disorders Drugs Market: Segmentation

The optic nerve disorders drugs market is segmented on the basis of indication, drug class, end user and region.

Based on indication, the global optic nerve disorders drugs market is segmented into:

  • Ischemic Optic Neuropathies
  • Optic Neuritis and Perineuritis
  • Papilledema
  • Compressive Optic Neuropathies
  • Intrinsic Neoplasms
  • Hereditary Optic Neuropathies
  • Inflammatory Optic Neuropathies
  • Infectious Optic Neuropathies
  • Toxic and Nutritional Optic Neuropathies
  • Traumatic Optic Neuropathy
  • Glaucoma
  • Optic Disc Drusen
  • Anomalous Optic Neuropathy

Based on drug class, the global optic nerve disorders drugs market is segmented into:

  • Steroids
  • Nerve Tonics and Multivitamin
  • Analgesics
  • Anti-infective
  • Hyperosmotic Agents
  • Parasympathomimetics
  • Carbonic Anhydrase Inhibitors
  • Beta-blockers and Alpha-adrenergic Agonists
  • Others

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Optic Nerve Disorders Drugs Market: Key Players

Some of the major players in the global optic nerve disorders drugs market are SANTHERA PHARMACEUTICALS, Quark, Novartis AG, Allergan plc, Merck & Co., Stealth BioTherapeutics Inc., Takeda Pharmaceutical Company, and others.

This market study is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain.

Essential Takeaways from the this Market Report

  • Comparison of prominent players operating in the market.
  • Recent developments and key strategies adopted by key players.
  • Study of the micro and macro-economic growth indicators.
  • Impact of the various factors on the value chain.
  • Evaluation of current Optic Nerve Disorders Drugs market size, forecast and technological advancements within the industry.
  • Current Insights influencing the scenario and key trends in Optic Nerve Disorders Drugs market.

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Key questions answered in Optic Nerve Disorders Drugs Market Survey Report:

  1. What is the current scenario and key trends in Optic Nerve Disorders Drugs Market?
  2. What are the key strategies companies are adopting to increase their consumer base?
  3. What are the key categories within the Optic Nerve Disorders Drugs segments and their future potential?
  4. What are the major Optic Nerve Disorders Drugs Market drivers and their expected impact during the short, medium, and long terms?
  5. What is the Optic Nerve Disorders Drugs Market size and what are the opportunities for the key players?

The Report Covers Exhaustive Analysis On:

  • Optic Nerve Disorders Drugs Market Drivers, Segments and Restraints.
  • Optic Nerve Disorders Drugs Market Survey and Dynamics
  • Optic Nerve Disorders Drugs Market Size & Demand
  • Optic Nerve Disorders Drugs Key Trends/Issues/Challenges
  • Optic Nerve Disorders Drugs Sales, Competition & Companies involved

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Last Updated: 21-Dec-2021