OPTIC NERVE DISORDERS TREATMENT MARKET ANALYSIS

Regional Analysis

Global Optic Nerve Disorders Treatment Market Regional Analysis

North America is expected to account for highest market share in global optic nerve disorder treatment market due to increasing number of approval of drug by U.S FDA. In 2019, Alexion Pharmaceutical, Inc. received approval of the SOLIRIS drug by U.S. Food and Drug Administration (FDA), for the treatment of neuromyelitis optica spectrum disorder (NMOSD) in adult patients, who are anti-aquaporin-4 (AQP4) antibody positive. In addition, about 73% of patient suffering from the Neuromyelitis Optica Spectrum Disorder (NMOSD) has responded positively for anti-AQP4 auto-antibodies. Moreover, Neuromyelitis optica spectrum disorder is mostly found in young women. In the U.S., most of the patient are recorded to be diagnosed with NMOSD. Furthermore, European Medicines Agency and Japanese Ministry of Health, Labor, and Welfare are trying to assess applications of SOLIRIS for the treatment of NMOSD. These factors are expected to propel growth of the global optic nerve disorder treatment market.

Moreover, increasing prevalence of eye disorders in the region is another factor that is expected to drive growth of the optic nerve disorders treatment market. For instance, according to the American Academy of Ophthalmology, in 2019, around 7.32 million people is expected to suffer from the primary open-angle glaucoma (POAG), with the highest number among populations aged 70 to 79 years (32%), women (50%), and Hispanics (50%).