Italy Ophthalmic Drugs Market Size & Outlook, 2023-2030
Italy ophthalmic drugs market, 2018-2030 (US$M)
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Italy ophthalmic drugs market highlights
- The Italy ophthalmic drugs market generated a revenue of USD 1,192.8 million in 2023 and is expected to reach USD 2,024.4 million by 2030.
- The Italy market is expected to grow at a CAGR of 7.8% from 2024 to 2030.
- In terms of segment, anti-vegf agents was the largest revenue generating drug class in 2023.
- Gene & Cell Therapy is the most lucrative drug class segment registering the fastest growth during the forecast period.
Ophthalmic drugs market data book summary
| Market revenue in 2023 | USD 1,192.8 million |
| Market revenue in 2030 | USD 2,024.4 million |
| Growth rate | 7.8% (CAGR from 2023 to 2030) |
| Largest segment | Anti-vegf agents |
| Fastest growing segment | Gene & Cell Therapy |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Anti-Allergy, Anti-VEGF agents, Anti-inflammatory, Anti-glaucoma, Gene & Cell Therapy |
| Key market players worldwide | Pfizer Inc, Alcon Inc, Novartis AG ADR, Bausch Health Companies Inc, Merck & Co Inc, Regeneron Pharmaceuticals Inc, AbbVie Inc, Bayer AG, Genentech, Nicox SA Share from reverse split, Coherus BioSciences Inc |
Other key industry trends
- In terms of revenue, Italy accounted for 3.2% of the global ophthalmic drugs market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany ophthalmic drugs market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 2,405.7 million by 2030.
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Ophthalmic Drugs Market Scope
Ophthalmic Drugs Market Companies
| Name | Profile | # Employees | HQ | Website |
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Italy ophthalmic drugs market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to ophthalmic drugs market will help companies and investors design strategic landscapes.
Anti-vegf agents was the largest segment with a revenue share of 32.84% in 2023. Horizon Databook has segmented the Italy ophthalmic drugs market based on anti-allergy, anti-vegf agents, anti-inflammatory, anti-glaucoma, gene & cell therapy covering the revenue growth of each sub-segment from 2018 to 2030.
Higher access to innovative diagnostic procedures and therapeutic approaches due to high healthcare expenditure and favorable reimbursement policies are supporting market growth in Italy. The healthcare system in the country is well-established, and this creates an opportunity for novel products to enter the market and fulfill unmet needs.
Increasing awareness about these disorders is estimated to boost the market. For instance, The International Agency for the Prevention of Blindness (IAPB) Italy promoted World Glaucoma Week in 2018. The IAPB is an alliance of corporations, civil society organizations, and professional bodies that promote eye health.
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Our clientele includes a mix of ophthalmic drugs market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Italy ophthalmic drugs market , including forecasts for subscribers. This country databook contains high-level insights into Italy ophthalmic drugs market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Italy ophthalmic drugs market size, by drug class, 2018-2030 (US$M)
Italy Ophthalmic Drugs Market Outlook Share, 2023 & 2030 (US$M)
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