Lumigan was approve by the FDA in 2001 for the treatment of high intraocular pressure in patients with open-angle glaucoma or ocular hypertension. 11 Patients who use bimatoprost cosmetically in addition to topical bimatoprost may be at risk for higher optic nerve damage, according to the FDA, because the extra dose would reduce the drug’s effectiveness. The FDA also mentioned the possibility of other side effects in select users of the medicine, such as retinal edema and uveitis.
The question remains: Does using topical prostaglandins actually help those who want longer, thicker, and more appealing eyelashes?
Lumigan (bimatoprost ophthalmic solution 0.03 percent), commonly known as Lumigan, comprises the active ingredient bimatoprost, a prostaglandin analog that has been shown in clinical trials and published papers to improve eyelash development by up to 25% longer, 106% thicker, and 18% darker.
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The global Ophthalmic Therapeutics/Drugs Market size is expected to value at USD 35.7 billion by 2025. The market is subject to witness a substantial growth due to the rising occurrence of eye diseases like presbyopia, macular degeneration, and retinal vascular disease, particularly in geriatric population.
Increasing focus on research and development in ophthalmic therapeutics and drugs by private bodies due to rising occurrence of ocular disorders, are driving factors for growth of the market.
Thus, rise in the number of initiatives and programs taken by governmental agencies in order to prevent and completely eliminate such disorders by facilitating essential treatment for patients, thus significantly contributing to the growth of ophthalmic therapeutics/drugs market in recent years.
Increasing number of drugs including Azopt, Lumigan, Retaine MGD, and Vigamox, are anticipated to boost growth of the market during the forecast period. Additionally, rise in the number of drug manufactures due to increasing demand on global-scale is attributed to sustained market growth.
The global alopecia market size is anticipated to reach USD 4.8 billion by 2026, according to a report published by Radiant Insights, Inc., registering an 8.3% CAGR during the forecast period.
The market is expected to be driven by increase in disease prevalence, technological advancements, and rise in per-capita healthcare expenditures across the globe.
For instance, the Treatment Development Program (TDP) by National Alopecia Areata Foundation has resulted in an increase in research studies pertaining to this condition.
Currently, there are two FDA-approved therapeutics for the condition-Rogaine and Propecia.
However, impending launch of several promising pipeline candidates, such as Jakafi (ruxolitinib), Xeljanz (tofacitinib), Breezula (clascoterone), Lumigan (Bimatoprost), and SM04554 is expected to significantly drive the market in the near future.
Out-of-pocket costs for this disease treatment usually include frequent doctor visits, prescription drug copays, and coinsurance for procedures.
