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Ophthalmic Drugs Market Size to Garner $58 13 Billion by 2027: Allied Market Research

The Covid-19 pandemic and followed by lockdown has affected several drug manufacturing companies. The prolonged lockdown resulted in a disrupted supply chain and increased the prices of raw materials. However, as the world has been recovering from the pandemic, the market is estimated to get back on track. The global ophthalmic drugs market is segmented on the basis of indication, type, dosage form, distribution channel, therapeutic class, and region. Based on indication, the retinal disorders segment held the largest share in 2019, accounting for more than one-fourth of the market. However, the glaucoma segment is estimated to manifest the highest CAGR of 6.2% during the forecast period.

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