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#“global diabetic macular edema treatment market”
data-bridge · 2 years
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Retinal Biologics Market Forecast: Emerging Trends and Key Insights
The global retinal biologics market was valued at USD 22.5 billion in 2023 and is projected to reach USD 49.5 billion by 2032, growing at a compound annual growth rate (CAGR) of 9.2% over the forecast period from 2024 to 2032. This expansion is attributed to the rising prevalence of retinal diseases, technological advancements in biologic therapies, and an increased focus on personalized medicine.
Retinal biologics, including monoclonal antibodies, gene therapies, and other biologic agents, are revolutionizing the treatment of retinal disorders such as age-related macular degeneration (AMD), diabetic retinopathy, and retinal vein occlusion. These innovations are addressing unmet medical needs and offering new hope for patients with vision-threatening conditions.
Market Drivers
Increasing Prevalence of Retinal Diseases The growing incidence of retinal diseases, particularly age-related macular degeneration (AMD) and diabetic retinopathy, is driving the demand for effective treatments. As the global population ages and the prevalence of diabetes increases, the need for advanced retinal biologics is expanding.
Advancements in Biologic Therapies Technological advancements in biologic therapies, such as the development of novel monoclonal antibodies and gene therapies, are enhancing treatment options for retinal diseases. Innovations in drug delivery systems and targeted therapies are improving efficacy and patient outcomes, fueling market growth.
Rising Demand for Personalized Medicine Personalized medicine is gaining traction in the treatment of retinal disorders, with biologics offering tailored therapies based on individual patient profiles. This approach enhances treatment effectiveness and reduces side effects, driving the adoption of retinal biologics.
Increased Healthcare Expenditure Rising healthcare expenditure and investment in research and development are contributing to the growth of the retinal biologics market. Governments and healthcare organizations are allocating resources to address the increasing burden of retinal diseases and support the development of innovative therapies.
Growing Awareness and Early Diagnosis Increasing awareness about retinal diseases and advancements in diagnostic technologies are leading to early diagnosis and treatment. Early intervention with biologic therapies can significantly improve patient outcomes and drive market growth.
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Market Segmentation
The retinal biologics market is segmented based on drug type, disease indication, end-user, and region.
By Drug Type:
Monoclonal Antibodies Monoclonal antibodies are widely used in the treatment of retinal diseases due to their targeted action and efficacy. Agents such as Ranibizumab and Aflibercept have revolutionized the management of conditions like AMD and diabetic macular edema.
Gene Therapies Gene therapies are emerging as a transformative approach for treating inherited retinal diseases. Technologies such as gene editing and gene replacement are offering potential cures and significant improvements in vision.
Anti-VEGF Agents Anti-VEGF (vascular endothelial growth factor) agents are pivotal in managing retinal diseases characterized by abnormal blood vessel growth. These agents, including Bevacizumab and Pegaptanib, are widely used to treat conditions like retinal vein occlusion and diabetic retinopathy.
By Disease Indication:
Age-Related Macular Degeneration (AMD) AMD is the leading cause of vision loss among the elderly, and biologics play a crucial role in managing both wet and dry forms of the disease. The increasing prevalence of AMD is a major driver of market growth.
Diabetic Retinopathy Diabetic retinopathy is a common complication of diabetes and a significant cause of vision impairment. Biologic therapies are essential for managing diabetic macular edema and preventing disease progression.
Retinal Vein Occlusion Retinal vein occlusion is characterized by blocked blood flow in the retinal veins, leading to vision loss. Anti-VEGF agents and other biologics are effective in treating this condition and improving visual outcomes.
Inherited Retinal Diseases Inherited retinal diseases, such as retinitis pigmentosa and Leber congenital amaurosis, are rare but serious conditions. Gene therapies and other biologics are offering new treatment options for these genetic disorders.
By End-User:
Hospitals and Clinics Hospitals and specialty clinics are major users of retinal biologics, providing advanced treatment options and monitoring for patients with retinal diseases. The increasing number of retinal procedures in these settings is driving market growth.
Research and Academic Institutions Research and academic institutions are actively involved in developing and testing new retinal biologics. These institutions play a key role in advancing scientific knowledge and facilitating the introduction of innovative therapies.
Ambulatory Surgical Centers Ambulatory surgical centers are becoming increasingly important for retinal procedures due to their cost-effectiveness and efficiency. The growing adoption of retinal biologics in these centers is contributing to market expansion.
By Region:
North America North America dominates the retinal biologics market, driven by high healthcare expenditure, advanced healthcare infrastructure, and the presence of major pharmaceutical companies. The U.S. and Canada are leading the adoption of innovative retinal therapies.
Europe Europe is also a significant market for retinal biologics, with countries like Germany, France, and the U.K. investing in advanced treatments for retinal diseases. The region's strong healthcare systems and regulatory support are fostering market growth.
Asia-Pacific The Asia-Pacific region is expected to experience substantial growth, driven by increasing healthcare investments, rising prevalence of retinal diseases, and growing patient awareness. Countries like China and India are emerging as key markets for retinal biologics.
Latin America Latin America is witnessing gradual growth in the retinal biologics market, supported by improving healthcare infrastructure and increasing access to advanced therapies. Brazil and Mexico are leading the adoption of retinal biologics in the region.
Middle East and Africa The Middle East and Africa are expected to grow steadily, with increasing healthcare investments and a focus on addressing retinal diseases. Market growth in this region is supported by government initiatives and collaborations with global pharmaceutical companies.
Key Market Players
Several leading companies are driving innovation and growth in the retinal biologics market, including:
Novartis Novartis is a major player in the retinal biologics market, with products such as Lucentis and Beovu offering effective treatments for retinal diseases.
Regeneron Pharmaceuticals Regeneron is known for its EYLEA (Aflibercept), a leading anti-VEGF therapy used to treat various retinal conditions.
Roche Roche's Lucentis and other biologic therapies are widely used in managing age-related macular degeneration and other retinal disorders.
AbbVie AbbVie is advancing retinal biologics with its product, Humira, and is involved in the development of new therapies for retinal diseases.
Pfizer Pfizer is actively involved in retinal biologics research and development, contributing to the growth of innovative treatments for retinal disorders.
Future Outlook
The retinal biologics market is poised for significant growth, driven by advancements in treatment technologies, increasing prevalence of retinal diseases, and a growing focus on personalized medicine. As research and development continue to advance, new therapies will offer improved outcomes for patients and further drive market expansion.
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msinsights · 8 days
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Diabetic Retinopathy Market Size, Recent Trends, Growth Insights, Top Vendors, Regions and Forecast by 2031
The Diabetic Retinopathy Market has witnessed significant growth and development in recent years, as indicated by the comprehensive report provided by Metastat Insight. This condition, characterized by damage to the retina due to diabetes, presents a growing concern worldwide. With the increasing prevalence of diabetes globally, the incidence of diabetic retinopathy is also on the rise. This has prompted extensive research and development efforts to address the challenges associated with diagnosis, treatment, and management of the condition. 
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Top Companies
Alimera Science, Abbvie, Ampio Pharmaceuticals, Bayer AG, Kowa Co., Ltd., Novartis, Pfizer, Inc., Regeneron Pharmaceuticals, Inc., F-Hoffmann-La Roche Ltd., Samsung Bioepis Biogen.
One of the key aspects highlighted in the report is the growing awareness among healthcare professionals and patients regarding the importance of early detection and intervention in diabetic retinopathy. Early diagnosis plays a crucial role in preventing vision loss and preserving ocular health. As a result, there has been a concerted effort to implement screening programs and educate individuals about the risk factors and symptoms of diabetic retinopathy. 
Moreover, advancements in diagnostic techniques and imaging modalities have revolutionized the way diabetic retinopathy is diagnosed and monitored. Techniques such as optical coherence tomography (OCT) and fundus photography allow for detailed visualization of retinal structures, enabling clinicians to detect subtle changes in the early stages of the disease. These advancements have not only improved the accuracy of diagnosis but have also facilitated personalized treatment approaches tailored to the individual needs of patients 
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In terms of treatment options, the report highlights the growing adoption of pharmacotherapy and minimally invasive procedures for managing diabetic retinopathy. Anti-VEGF agents and corticosteroids have emerged as primary treatment modalities for diabetic macular edema, a common complication of diabetic retinopathy. Additionally, laser photocoagulation and vitrectomy remain important interventions for advanced cases requiring surgical intervention. 
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globalgrowthinsights · 2 months
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Transparent and Translucent Concrete Market Size, Share, Forecast [2032]
Transparent and Translucent Concrete Market provides in-depth analysis of the market state of Transparent and Translucent Concrete manufacturers, including best facts and figures, overview, definition, SWOT analysis, expert opinions, and the most current global developments. The research also calculates market size, price, revenue, cost structure, gross margin, sales, and market share, as well as forecasts and growth rates. The report assists in determining the revenue earned by the selling of this report and technology across different application areas.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Transparent and Translucent Concrete in these regions till the forecast period
North America
Middle East and Africa
Asia-Pacific
South America
Europe
Key Attentions of Transparent and Translucent Concrete Market Report:
The report offers a comprehensive and broad perspective on the global Transparent and Translucent Concrete Market.
The market statistics represented in different Transparent and Translucent Concrete segments offers complete industry picture.
Market growth drivers, challenges affecting the development of Transparent and Translucent Concrete are analyzed in detail.
The report will help in the analysis of major competitive market scenario, market dynamics of Transparent and Translucent Concrete.
Major stakeholders, key companies Transparent and Translucent Concrete, investment feasibility and new market entrants study is offered.
Development scope of Transparent and Translucent Concrete in each market segment is covered in this report. The macro and micro-economic factors affecting the Transparent and Translucent Concrete Market
Advancement is elaborated in this report. The upstream and downstream components of Transparent and Translucent Concrete and a comprehensive value chain are explained.
Browse More Details On This Report at @https://www.globalgrowthinsights.com/market-reports/transparent-and-translucent-concrete-market-100590
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The Diabetic Macular Edema Market is projected to grow from USD 4,110.56 million in 2024 to USD 4,854.08 million by 2032, with a compound annual growth rate (CAGR) of 2.10%.Diabetic macular edema (DME) is a serious eye condition that affects individuals with diabetes. It occurs when fluid accumulates in the macula, the central part of the retina, leading to vision impairment. DME is a major cause of vision loss among diabetic patients, making it a significant public health concern. The global diabetic macular edema market has witnessed substantial growth in recent years, driven by increasing prevalence of diabetes, advancements in treatment options, and rising awareness about the condition.
Browse the full report at https://www.credenceresearch.com/report/diabetic-macular-edema-treatment-market
Market Overview
The global diabetic macular edema market is segmented based on treatment type, end-users, and regions. Treatment types include anti-VEGF therapy, corticosteroid therapy, laser photocoagulation, and others. End-users encompass hospitals, ophthalmic clinics, and ambulatory surgical centers. Geographically, the market is divided into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
Key Drivers
1. Rising Prevalence of Diabetes: The increasing number of diabetes cases worldwide is a primary driver of the DME market. According to the International Diabetes Federation (IDF), approximately 537 million adults (20-79 years) were living with diabetes in 2021, and this number is expected to rise to 783 million by 2045. With diabetes being a major risk factor for DME, the market is poised for growth.
2. Advancements in Treatment Options: Significant advancements in treatment modalities have positively impacted the DME market. Anti-VEGF (vascular endothelial growth factor) therapy, such as ranibizumab and aflibercept, has emerged as the gold standard treatment for DME. These drugs inhibit the growth of abnormal blood vessels and reduce fluid leakage, thereby improving vision. Additionally, corticosteroid implants and laser photocoagulation offer alternative treatment options for patients who do not respond to anti-VEGF therapy.
3. Increasing Awareness and Early Diagnosis: Growing awareness about diabetic complications, including DME, has led to early diagnosis and timely intervention. Public health campaigns and screening programs play a crucial role in educating patients about the importance of regular eye check-ups. Early detection of DME allows for prompt treatment, which can prevent severe vision loss and improve patient outcomes.
4. Technological Innovations: The integration of advanced imaging technologies, such as optical coherence tomography (OCT) and fundus fluorescein angiography (FFA), has revolutionized the diagnosis and monitoring of DME. These non-invasive imaging techniques provide detailed information about retinal structure and vascular abnormalities, aiding in accurate diagnosis and treatment planning. Technological innovations continue to drive the market by enhancing diagnostic capabilities and treatment efficacy.
Challenges
Despite the positive growth trajectory, the DME market faces certain challenges. High treatment costs, particularly for anti-VEGF therapies, can limit access to care for some patients, especially in low- and middle-income countries. Additionally, the need for frequent intravitreal injections and potential side effects associated with certain treatments pose compliance challenges for patients. Addressing these issues is crucial to ensuring broader access to effective therapies.
Regional Insights
- North America: North America holds a significant share of the DME market, primarily due to the high prevalence of diabetes, well-established healthcare infrastructure, and availability of advanced treatment options. The United States, in particular, is a major contributor to market growth in this region.
- Europe: Europe is another prominent market for DME, with countries like Germany, the United Kingdom, and France at the forefront. The presence of key market players and increasing adoption of innovative therapies drive the market in this region.
- Asia-Pacific: The Asia-Pacific region is expected to witness the fastest growth in the DME market, attributed to the rising diabetes population, improving healthcare infrastructure, and increasing awareness about diabetic complications. Countries like China and India present significant growth opportunities for market players.
Future Prospects
The future of the diabetic macular edema market looks promising, with ongoing research and development activities aimed at improving treatment outcomes. Gene therapies, novel drug delivery systems, and combination therapies are some of the areas being explored to enhance the efficacy and safety of DME treatments. Additionally, efforts to reduce treatment costs and increase accessibility will play a crucial role in expanding the market reach.
Key Player Analysis
Novartis AG
Bayer AG
Allergan Plc.
F. Hoffmann-La Roche Ltd.
Alimera Sciences Inc.
Valeant Pharmaceuticals International, Inc. (Bausch & Lomb Inc.)
KalVista Pharmaceuticals
Genentech
Oxurion (fka ThromboGenics)
Ocugen, Inc
Regeneron Pharmaceuticals, Inc.
Clearside Biomedical
Daiichi Sankyo
Arctic Vision
Chugai Pharmaceutical Co., Ltd.
Segments:
Based on Drug Type:
Anti-VEGF Medications (e.g., Ranibizumab (Lucentis), Aflibercept (Eylea))
Corticosteroid Therapies (e.g., Dexamethasone (Ozurdex), Fluocinolone Acetonide (Iluvien))
Other Off-Label Drugs
Based on Form:
Intravitreal Injections
Intravitreal Implants
Based on Distribution Channel:
Hospitals
Specialty Clinics
Mail Order Pharmacies
Based on the Geography:
North America
The U.S.
Canada
Mexico
Europe
Germany
France
The U.K.
Italy
Spain
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
South-east Asia
Rest of Asia Pacific
Latin America
Brazil
Argentina
Rest of Latin America
Middle East & Africa
GCC Countries
South Africa
Rest of the Middle East and Africa
Browse the full report at https://www.credenceresearch.com/report/diabetic-macular-edema-treatment-market
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Credence Research is committed to employee well-being and productivity. Following the COVID-19 pandemic, we have implemented a permanent work-from-home policy for all employees.
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Credence Research
Please contact us at +91 6232 49 3207
Website: www.credenceresearch.com
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trendtrackershq · 3 months
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Europe Eyes a Brighter Future: Dominating the Eye Drop and Lubricant Market Through Innovation
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Introduction:
The global Eye-Drop and Lubricants Market is poised for significant growth, driven by rising awareness of eye health and increasing prevalence of eye conditions. Within this landscape, Europe emerges as a dominant region, spearheading advancements in treatment for ocular diseases and propelling the market forward. This article delves into the factors contributing to Europe's leading role and explores the innovative approaches that solidify its position.
Download free sample: https://www.nextmsc.com/eye-drop-and-lubricants-market/request-sample 
A Growing Need for Eye Care Solutions
Several factors contribute to the escalating demand for eye drops and lubricants in Europe:
Aging Population: Europe has a rapidly aging population, with a significant portion reaching the age where age-related macular degeneration (AMD) and dry eye become more prevalent. This demographic shift fuels the demand for eye drops and lubricants that address these conditions.
Increased Screen Time: The widespread use of digital devices like smartphones and computers contributes to eye strain and dry eye. This growing concern fosters the demand for lubricating eye drops to alleviate discomfort and improve visual clarity.
Rising Prevalence of Diabetes: Diabetes is a major public health concern in Europe, and diabetic retinopathy, a complication that damages the retina, is a growing threat to vision. Eye drops play a crucial role in managing this condition.
Europe at the Forefront of Innovation
Europe's dominance in the eye drop and lubricant market is fueled by a thriving research and development (R&D) landscape. Here are some key areas where Europe is leading the way:
Non-Invasive Treatment for DME: A recent breakthrough in Iceland exemplifies Europe's innovative spirit. Researchers developed a non-invasive method using eye drops to deliver medication for Diabetic Macular Edema (DME), a leading cause of vision loss. This approach eliminates the need for painful injections, potentially improving patient compliance and quality of life.
Targeted Drug Delivery Systems: European researchers are actively developing novel eye drops with targeted drug delivery systems. These advanced drops can release medication directly to the affected area within the eye, maximizing efficacy while minimizing side effects.
Biocompatible Materials: Emphasis is placed on developing eye drops with biocompatible materials that mimic the natural tear film. These lubricants provide long-lasting comfort and minimize irritation for dry eye sufferers.
Hyaluronic Acid: This naturally occurring substance helps retain moisture in the eye, offering long-lasting lubrication and relief from dry eye symptoms.
Liposomes: These microscopic spheres can be used to encapsulate medication and deliver it directly to the target site within the eye, improving drug efficacy and minimizing side effects.
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Continued Innovation: Exploring Untapped Potential
Beyond the current advancements, Europe continues to explore and develop promising avenues in eye drop and lubricant technology:
Personalized Medicine: Advancements in genetic testing pave the way for personalized eye drops tailored to an individual's specific needs and genetic susceptibility to eye conditions.
Smart Eye Drops: Researchers are exploring the development of "smart" eye drops that can respond to changes in the eye's environment. These drops could adjust their properties, such as viscosity or medication release, to provide more targeted and effective treatment.
Gene Therapy: Although still in its early stages, gene therapy holds the potential to offer a more permanent solution for certain eye diseases. Eye drops could potentially be used as a delivery system for gene therapy treatments in the future.
Regulatory Landscape and Market Growth
Europe's stringent regulatory framework for pharmaceuticals ensures the safety and efficacy of eye drops and lubricants marketed within the region. This focus on quality control fosters consumer trust and confidence in these products. Additionally, government initiatives aimed at raising awareness about eye health and promoting preventative measures further contribute to market expansion.
Looking Ahead: A Collaborative Future for Eye Care
While Europe currently reigns supreme in the eye drop and lubricant market, continued success hinges on collaboration. Partnerships between pharmaceutical companies, research institutions, and healthcare providers are crucial for accelerating innovation and ensuring efficient product development and distribution. Furthermore, fostering international collaboration can accelerate knowledge transfer and broaden the scope of research efforts. By sharing expertise and best practices, Europe can solidify its position as a global leader in eye care solutions.
Conclusion
Europe's strong foundation in research and development, coupled with its commitment to innovation and a focus on patient well-being, positions it at the forefront of the eye drop and lubricant market. Breakthroughs in non-invasive treatments and targeted drug delivery systems underscore Europe's dedication to advancing eye care solutions. As the market evolves, continued collaboration within the region and fostering international partnerships will be instrumental in ensuring a future where eye health remains a top priority. By staying at the cutting edge of innovation, Europe has the potential to not only dominate the market but also improve the lives of millions suffering from eye conditions around the world.
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boatarenttahoe · 3 months
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Liquid Laundry Detergent Market 2024: Emerging Trends, Major Driving Factors, Business Growth Opportunities
Liquid Laundry Detergent Market provides in-depth analysis of the market state of Liquid Laundry Detergent manufacturers, including best facts and figures, overview, definition, SWOT analysis, expert opinions, and the most current global developments. The research also calculates market size, price, revenue, cost structure, gross margin, sales, and market share, as well as forecasts and growth rates. The report assists in determining the revenue earned by the selling of this report and technology across different application areas.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Liquid Laundry Detergent in these regions till the forecast period
North America
Middle East and Africa
Asia-Pacific
South America
Europe
Key Attentions of Liquid Laundry Detergent Market Report:
The report offers a comprehensive and broad perspective on the global Liquid Laundry Detergent Market.
The market statistics represented in different Liquid Laundry Detergent segments offers complete industry picture.
Market growth drivers, challenges affecting the development of Liquid Laundry Detergent are analyzed in detail.
The report will help in the analysis of major competitive market scenario, market dynamics of Liquid Laundry Detergent.
Major stakeholders, key companies Liquid Laundry Detergent, investment feasibility and new market entrants study is offered.
Development scope of Liquid Laundry Detergent in each market segment is covered in this report. The macro and micro-economic factors affecting the Liquid Laundry Detergent Market
Advancement is elaborated in this report. The upstream and downstream components of Liquid Laundry Detergent and a comprehensive value chain are explained.
Browse More Details On This Report at @https://www.globalgrowthinsights.com/market-reports/liquid-laundry-detergent-market-101447
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medsforcancer · 7 months
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Bevixa | A Bevacizumab Biosimilar
Understand Biosimilar:
Biosimilars are new class of drugs that are highly similar to biologic. Which are not identical copies but close enough to use as alternative treatments. Biosimilars have some advantages
Lower cost: Biosimilars are comparatively lower in price than biologic one. So many patients can have access for these drugs. Where biologic one is not affordable for everyone.
Clinically similar: Extensive studies ensure bevacizumab biosimilars are highly similar to the original drug in terms of safety and effectiveness.
Physician discretion: Choosing the most suitable treatment option, including a biosimilar, is determined by the physician considering individual patient factors and treatment goals.
Consultation recommended: If you have any questions or concerns about bevacizumab biosimilars, consult your healthcare provider for personalized advice.
Bevixa as a biosimilar of Bevacizumab:
Bevacizumab is a biologic medication used to treat a certain types of cancers and specific eye disease. Which have been shown a very highly expensive where bevixa is a biosimilar to bevacizumab which is very close enough to treat as alternative of bevacizumab at an affordable cost. Bevixa is made in Bangladesh by incepta pharmaceutical, a renowned pharmaceutical in Bangladesh. Bevixa has a huge demand in global and local market because of its effectiveness and low price. So any one can have access to this medication.
Bevacizumab biosimilar ophthalmology
Bevacizumab is a multicancer treating medication. It is also used to treat a specific eye disease called wet age related macular degeneration and diabetic macular edema. But it has no FDA approval for using to treat ophthalmology.
To buy bevixa you may contact us at WhatsApp or Wechat +8801304498958
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marketsizereports · 1 year
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DME Epidemiology Market: Prevalence and Incidence Trends Globally and by Region
Diabetic Macular Edema (DME) is a global concern that varies in prevalence and incidence across different regions. Understanding the prevalence and incidence trends of DME epidemiology market on a global and regional scale is crucial for healthcare planning and resource allocation.
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For more key age segment insights, download a free report sample
Here's an overview of these trends:
Global Trends:
Rising Diabetes Epidemic: The global prevalence of diabetes is steadily increasing. As DME is a complication of diabetes, the number of individuals at risk for DME is also growing. The International Diabetes Federation (IDF) estimates that over 400 million people had diabetes in 2019, and this number is expected to rise.
Global Prevalence: DME is more common in regions with higher diabetes prevalence. Regions such as North America, Europe, and parts of Asia have reported higher rates of DME.
Incidence Trends: The incidence of DME is closely linked to the duration of diabetes and the management of glycemic control. As more individuals live with diabetes, the incidence of DME is expected to rise, particularly in areas where diabetes management is suboptimal.
Regional Trends:
North America:
In the United States, DME is a significant concern, with approximately 750,000 adults suffering from this condition.
The prevalence of diabetes is relatively high in North America, contributing to a substantial DME burden.
Europe:
European countries report varying prevalence rates, with countries like Spain and Italy having higher rates of DME.
Access to healthcare and quality of diabetes management can influence DME prevalence.
Asia:
Asian countries, particularly in South and Southeast Asia, have seen a surge in diabetes cases. Consequently, DME prevalence is increasing in this region.
Economic disparities within Asian countries can lead to regional variations in DME incidence.
Middle East and Africa:
Some countries in the Middle East have reported high prevalence rates of DME.
Socioeconomic factors and access to healthcare contribute to disparities in DME prevalence in these regions.
Latin America:
Latin American countries, including Mexico and Brazil, report varying prevalence rates, influenced by their diabetes burden and healthcare infrastructure.
Factors Influencing Regional Variations:
Diabetes Prevalence: Regions with a higher prevalence of diabetes are likely to have a higher incidence of DME.
Healthcare Access: The availability and affordability of healthcare services, including eye exams and treatment, can significantly impact DME diagnosis and management.
Socioeconomic Factors: Socioeconomic disparities within regions can lead to differences in the prevalence of DME, as access to diabetes management and eye care varies.
Future Outlook: The global and regional trends in DME prevalence and incidence are expected to evolve with changes in diabetes prevalence, healthcare infrastructure, and treatment options. Efforts to improve diabetes management, increase access to eye care, and advance treatment options will be key in mitigating the burden of DME worldwide.
Regular epidemiological studies and data collection efforts are crucial to monitor and respond to these trends effectively. Moreover, public health initiatives and awareness campaigns aimed at diabetes prevention and early detection of DME can help reduce its impact on affected individuals and healthcare systems.
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meghanester · 1 year
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Ocular Drug Delivery Devices Market Growth with a CAGR of ~7% During 2023-2035 and Attain ~USD 30 Billion
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Research Nester’s recent market research analysis on “Ocular Drug Delivery Devices Market: Global Demand Analysis & Opportunity Outlook 2035” delivers a detailed competitors analysis and a detailed overview of the global ocular drug delivery devices market in terms of market segmentation by type, drug form, disease type, end-user, and by region.
Growing Concern for the Prevalence of Ocular Diseases to Drive Growth of Global Ocular Drug Delivery Devices Market
The global ocular drug delivery devices market is estimated to grow majorly on account of the increasing number of ocular diseases across the world. The ocular drug delivery system is always a challenge as the bioavailability of these drugs is very less. Many drug delivery systems are being developed to improve the efficiency and risk of diseases. Ocular diseases are caused by impairment of the eyes from occupational work, genetic disorders, immune suppression such as diabetes, and increasing screen time. The lack of awareness of eye diseases and infections is also estimated to drive market growth. The drug delivery systems of the eye include implants, inserts, injections, lenses, and plugs. The dosage forms of these drugs include ointments, solutions, suspensions, drops, microspheres, and nanoparticles. The reimbursement policies and aging are also the regions for the growth of the market in the coming years. As per the estimations for 2022, globally more than 2 billion people are living with near or far vision loss.
Get a Sample PDF Brochure: https://www.researchnester.com/sample-request-4029
Some of the major growth factors and challenges that are associated with the growth of the global ocular drug delivery devices market are:
Growth Drivers:
Surge in Government Expenditure on Healthcare
Growing Geriatric People Suffering from Eye Disorders
Challenges:
The rising concern for poor bioavailability of drugs and discomfort caused by administration are some of the major factors anticipated to hamper the growth of the global ocular drug delivery devices market. The bioavailability of the eye medications is reduced owing to the lacrimation, tear dilution, transient residence, nonproductive, and conjunctival absorption.
By disease type, the global ocular drug delivery devices market is segmented into glaucoma, diabetic macular edema, diabetic retinopathy, macular degeneration, cataract, refractive issues, and others. The cataract segment is to garner the highest revenue by the end of 2035 by growing at a significant CAGR over the forecast period. A rise in the number of people living with diabetes and a growing number of people with age above 50 years is projected to drive the market growth. Also, the increasing number of people suffering from cataracts is growing along with the lack of awareness of treatment procedures is also boosting the market growth. The market growth is attributed to the poor medical facilities provided in underdeveloped countries and the rising presence of disorders such as diabetes, eye trauma, hypertension, and eczema which increase the risk of eye disorders. Globally, over 5 million people aged 50 and over are living with blindness as per the reports of 2020.
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By region, the Middle East & Africa ocular drug delivery devices market is to generate the highest revenue by the end of 2035. This growth is anticipated by a higher number of people waiting for COVID-9 vaccination and more patients that have different types of chronic diseases. The rising chronic diseases such as immune suppression disorders are estimated to increase the risk of eye disorders which in turn hikes the market growth in the coming years. Vision impairment in many adults and the increasing geriatric population are estimated to propel the market growth. The increasing pharmaceutical industry, rising presence of prominent key players, and growing mergers and acquisitions in the region are also driving the growth of the market during the forecast period as per the market analysis. The chances of distance vision impairment in low-income regions were estimated to be four times more compared to the highly developed regions and chances of near vision impairment were estimated to be over 80% in the eastern, western, and central sub-Saharan African region according to a report of WHO.
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This report also provides the existing competitive scenario of some of the key players of the global ocular drug delivery devices market which includes company profiling of Bausch Health Companies Inc., Taiwan Liposome Company, Ltd., Ocular Therapeutix, Inc., Kiora Pharmaceuticals, Inc., Graybug Vision Inc., Apellis Pharmaceuticals, Inc., Implanet Company, and Aerie Pharmaceuticals Inc. EyePoint Pharmaceuticals, Inc., Protalix BioTherapeutics., and others.     
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jean-perry · 2 years
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data-bridge · 2 years
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Diabetic Macular Edema Treatment Market Applications, Products, Share, Growth, Insights and Forecasts Report 2029
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Industry Analysis
Diabetic macular edema treatment market is expected to gain market growth in the forecast period of 2022-2029. Data Bridge Market Research analyses the market to account to grow at a CAGR of 3.65% in the above-mentioned forecast period and would likely to reach an estimated value of 63.33 million by 2029. The growing diabetic population which causes diabetic macular edema in patients, will contribute to the growth of the diabetic macular edema treatment market.
Additionally, the credible Diabetic Macular Edema Treatment Market report helps the manufacturer in finding out the effectiveness of the existing channels of distribution, advertising programs, or media, selling methods and the best way of distributing the goods to the eventual consumers. Taking up such market research report is all the time beneficial for any company whether it is a small scale or large scale, for marketing of products or services. It makes effortless for healthcare industry to visualize what is already available in the market, what market anticipates, the competitive environment, and what should be done to surpass the competitor.
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Market Insights and Scope    
Macular edoema is a condition in which fluid and proteins accumulate on or under the macula of the eye, causing swelling. A person's central eye vision becomes distorted as a result of such swelling. Cystoids macular edoema (CME) and diabetic macular edoema (DME) are the two types of macular edoema (DME). Diabetic macular edoema is the leading cause of vision loss in diabetic retinopathy patients. Diabetes patients are said to have a 10% chance of developing the disease during their lifetime.
The Diabetic Macular Edema Treatment Market report encompasses various segments linked to healthcare industry and market with comprehensive research and analysis. These comprise industry outlook with respect to critical success factors (CSFs), industry dynamics that mainly covers drivers and restraints, market segmentation & value chain analysis, key opportunities, application and technology outlook, regional or geographical insight, country-level analysis, key company profiles, competitive landscape, and company market share analysis. All the data, figures and information are backed up by well recognized analysis tools which include SWOT analysis and Porter’s Five Forces analysis. So, take business to the peak level of growth with the all-inclusive Data Bridge Market research report.
Get full access to the report: https://www.databridgemarketresearch.com/reports/global-diabetic-macular-edema-treatment-market
Industry Segmentation and Size
Diabetic macular edema treatment market is segmented on the basis of indication type, treatment type, drug delivery and end user. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
Based on indication type, the diabetic macular edema treatment market is segmented into diffuse diabetic macular edema and focal diabetic macular edema.
On the basis of treatment type, the diabetic macular edema treatment market is segmented into vascular endothelial growth factor (VEGF), corticosteroids, laser photocoagulation therapy, and other off-label drugs.
On the basis of drug delivery, the diabetic macular edema treatment market is segmented into intravitreal injections and intravitreal implants.
Diabetic macular edema treatment market has also been segmented based on the end user into hospitals, clinics and home care.
Market Country Level Analysis
The countries covered in the diabetic macular edema treatment market reportare the
U.S., Canada, Mexico, Brazil, Argentina, Peru, Rest of South America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Hungary, Lithuania, Austria, Ireland, Norway, Poland, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Vietnam, Rest of Asia-Pacific, Saudi Arabia, U.A.E, Egypt, Israel, Kuwait, South Africa, Rest of Middle East and Africa.
A reliable Diabetic Macular Edema Treatment Market marketing report proves to be the finest and excellent market research report as it is formulated with the following critical factors. These consist of primary research, benchmarking studies, secondary research, company profiles, competitive intelligence & reporting, syndicated research, data collection, data processing and analysis, survey design, and survey programming. The report performs market study and analysis to provide market data by considering new product development from beginning to launch. The healthcare business report also provides evaluations based on the market type, organization size, availability on-premises, end-users’ organization type, and the availability in areas such as North America, South America, Europe, Asia-Pacific and Middle East & Africa.
Industry Share Analysis
Some of the major players operating in the diabetic macular edema treatment market are
F. Hoffmann-La Roche Ltd, Novartis AG, GlaxoSmithKline plc, Alimera Sciences, ALLERGAN, Regeneron Pharmaceuticals Inc., Pfizer Inc., Kubota Pharmaceutical Holdings Co. Ltd., Oculis, Bayer AG, Bausch & Lomb Incorporated, The National Eye Institute, Medytox, Smith+Nephew, Sanofi, Novartis AG, Teva Pharmaceutical Industries Ltd., LGM Pharma., Lannett and NorthStar Rx LLC, among others.
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bearni · 3 years
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Global Diabetic Macular Edema Treatment Market By Type (Laser Photocoagulation Therapy,Pharmacological Therapy,Bevacizumab,Ranibizumab,Triamcinolone), By Application (HospitalsOphthalmic ClinicsResearch InstitutesContract Research Organizations), By Country, and Manufacture - Industry Segment, Competition Scenario and Forecast by 2029
Industry analysis and future outlook on Diabetic Macular Edema Treatment Global Market brings a systematic perspective of the market execution and assists in strategic decision making for worldwide and additionally the regional situation. Detailed sections provides in-depth arrangement, the Diabetic Macular Edema Treatment contemplate that make sense of different perspectives relating to the global market. To begin with, the Diabetic Macular Edema Treatment market definition, applications, arrangement, and industry esteem chain structure are incorporated into the answer, to target gathering of people on restricting Diabetic Macular Edema Treatment market elements including drivers, limitations, openings, patterns, applications, topographical/local Diabetic Macular Edema Treatment markets, and aggressive scene.
Global Diabetic Macular Edema Treatment Industry Market was valued at USD XX Million in the year 2020. The market is further estimated to grow at a CAGR of XX% from 2020 to reach USD XX Million by the year 2029.
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Diabetic Macular Edema Treatment market rivalry by top makers/players, with Diabetic Macular Edema Treatment deals volume, Value (USD/Unit), Revenue (Mn/Bn USD) and market size for every producer/player; the significant players include:
Genentech Novartis GlaxoSmithKline Eyetech Pharmaceuticals Alimera Sciences
Worldwide Diabetic Macular Edema Treatment statistical surveying report uncovers that the Diabetic Macular Edema Treatment business will develop with pivotal CAGR over the estimated forecast period of 2021 and 2029. The global Diabetic Macular Edema Treatment market in forecast years 2021-2029, is expected to hit Mn/Bn$ XX USD by 2029. The Diabetic Macular Edema Treatment market gives broad development openings over the both created and creating economies. Further, the Diabetic Macular Edema Treatment business sectors could profit without a doubt from the expanding interest to bring down Diabetic Macular Edema Treatment expenses of treatment over the globe.
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Key Highlights of the Report:
Diabetic Macular Edema Treatment Market Report provides forecast and industry outlook for the period of 2021-2029 with 2020 as the base year and covering historic data for years 2015-2019.
Diabetic Macular Edema Treatment Market outlook with Porter’s 5 Forces Analysis will provide market dynamics (Drivers, Restraints, Opportunities & Threats).
Diabetic Macular Edema Treatment Competitive landscape section gives you the competitive edge over other key players in the market (Key Business Strategies, Recent Development M&A, Company Overview, Products/Services Portfolio & Financial Overview).
Diabetic Macular Edema Treatment Technological Scenarios & Expected Developments.
Diabetic Macular Edema Treatment End-Use Industry & Consumer Behaviour Trends.
Diabetic Macular Edema Treatment Export-Import Scenario.
Diabetic Macular Edema Treatment Regulatory Policies across each region.
Diabetic Macular Edema Treatment In-depth analysis on Industry Trends & Dynamics across each segment covered in the report.
Based on Type, Diabetic Macular Edema Treatment market report shows development rate of each type, covers:
Laser Photocoagulation Therapy Pharmacological Therapy Bevacizumab Ranibizumab Triamcinolone
End clients/applications, Diabetic Macular Edema Treatment market report centers around the status and viewpoint for best applications/end clients, development rate for every application, this can be isolated into:
Hospitals Ophthalmic Clinics Research Institutes Contract Research Organizations
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In conclusion, the global Diabetic Macular Edema Treatment industry report unveils research finding, outcomes, conclusions. Likewise, disclose various Diabetic Macular Edema Treatment data sources, traders/vendors, suppliers, manufacturers, sales channel, and addendum. In short, the overall Diabetic Macular Edema Treatment report is a lucrative document for people implicated in Diabetic Macular Edema Treatment market.
Global Impact of COVID-19 Analysis:
COVID19 is an unrivaled global public health emergency that affects almost every industry, so the projected long-term impact will affect industry growth over the forecast period. The report provides insights into COVID19, taking into account changes in consumer behavior and demand, purchasing behavior, supply chain diversion, the dynamics of current market forces, and significant government intervention. Insights, analysis, estimates and forecasts considering the impact of COVID19 on the market.
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davidjones3991-blog · 6 years
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Global Diabetic Macular Edema Treatment Market Industry Size, Growth, Opportunities, Outlook and Forecast 2018 to 2025
Global Diabetic Macular Edema Treatment Market has been accelerated as the prevalence of diabetes causes Macular Edema in patients. With this trend Global Diabetic Macular Edema Treatment Market is set to register a CAGR of 1.4% in the forecast period of 2018-2025, with it rising from its initial estimated value of USD 3.5 billion in 2017 to an estimated value of 3.9 billion in 2025.
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Market Definition: Global Diabetic Macular Edema Treatment Market
Diabetic Macular Edema is an anomaly originating in the macula region in which accumulation of fluid causes the patient to suffer blindness. This accumulation causes the eyes to swell up and the patients suffer from distorted vision.
This accumulation is caused by leakage of plasma constituents in patients suffering from diabetes and diabetic retinopathy.
Market Drivers:
·Rising population suffering from diabetes, causing diabetic macular edema in the patients is causing a rise in the demand of Diabetic Macular Edema Treatment Market.
·Driven by the new and innovative research & development for the treatment of Diabetic Macular Edema, market is expected to have an accelerated growth
Market Restraint:
·High medical costs for the patients and the frequent visits to the physicians is causing the patients to avoid treatment
·Lack of long-term independent trials focusing on the treatment of Diabetic Macular Edema and lack of approval of therapeutic combination drugs for the market is also causing market restraint
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Segmentation:
The global market for Global Diabetic Macular Edema Treatment by the following sub-categories is presented
By Treatment Type
·Anti-VEGF
·Corticosteroids
·Other Off-Label Drugs
·Laser Photocoagulation Therapy
By Drug Delivery
·Intravitreal Injections
·Intravitreal Implants
By End-User
·Hospitals
·Clinics
·Home Care
By Geography
·North America
·South America
·Europe
·Asia-Pacific
·Middle East and Africa
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Competitive Analysis:
Global Diabetic Macular Edema Treatment Market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of Diabetic Macular Edema Treatment market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
Key Market Competitors:
Few of the major competitors currently working on the Global Diabetic Macular Edema Treatment market are F. Hoffmann-La Roche Ltd, Novartis AG, GlaxoSmithKline plc, Alimera Sciences, ALLERGAN, Regeneron Pharmaceuticals Inc., Pfizer Inc., Kubota Pharmaceutical Holdings Co. Ltd., Oculis, Bayer AG, Bausch & Lomb Incorporated and Jaeb Center for Health Research.
Key Insights:
·The key market players are analyzed and their effects on the market is also observed
·Market analysis is conducted for the forecast period of 2018 to 2025, and the market segmentations are observed during that period
·The market drivers and restraints have been clearly analyzed for the effect that they have over the market in the forecast period of 2018 to 2025
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mrfrblogresearch02 · 2 years
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Orphan Drugs Market Outlook: Post Covid-19 Scenario by 2027
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Global Orphan Drugs Market - Overview
The global Orphan Drugs Market Size is growing exponentially owing to unmet needs for rare diseases and the growing investment in research and development are the major factor driving the orphan drugs Market.
The global orphan drug market was estimated to be $93 billion in 2015 and is projected to reach $200 billion. Orphan drugs represented 35% of the industry’s new drug approvals. The orphan drugs are disorders that affects a small percentage of the population. The major driving factor for the growth are low marketing cost, extensive exclusivity, government support leading to economic, legislative and tax benefits, new technology development such as hybridoma, gene mapping, and DNA recombinant.
A pharmaceutical product aimed at rare diseases or disorders is known as an orphan drug. The Orphan Drug Act of 1983 has been financially incentivised through US law for the development of orphan drugs. According to the National Organization for Rare Disorders (NORD) established an act which estimates that approximately 30 million Americans suffer from 7,000 different types of rare diseases. Prior to the incorporation of Orphan Drug Act, 38 drugs from orphan category were already approved. The success of this act in the US led to its adoption in other key markets, most notably by the European Union in the early 2000 and in 1993 for Japan.
There are an estimated 30 million in Europe and 350 million people worldwide suffering from rare diseases. Almost half of the rare diseases are genetic in nature, with 50% of children being affected. Approved drug treatment for about 5% of rare diseases are available that accounts to only 326 new drugs being approved by the FDA and are supplied in the market.
The competition from generics and biosimilars, safety concern, extensive post market surveillance, and costly clinical trials are some factors that threats the growth of this market. The hindrance of commercialization and distribution channels can also be due to the differential availability of the product in the developed and developing countries due to social and economic factors.
The global market for vacuum blood collection tube is expected grow at a CAGR of 11.6% over the forecasted period.
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Industry Updates:
Jan, 2017 Acucela Inc. received orphan drug FDA approval for emixustat for treating Stargardt disease. This approval was expected to be crucial for the treatment of this rare genetic disease.
Nov, 2015 Astellas Pharma acquired Ocata Therapeutics to increase its product portfolio for treatment of retinal disorders including Stargardt disease and age-related macular degeneration
June, 2015 Bayer Healthcare and Johns Hopkins University entered into a five year collaboration to develop for the treatment of Stargardt's disease, retinal vein occlusion, diabetic macular edema, age-related macular degeneration, and geographic atrophy.
March, 2014 Santen Pharmaceuticals signed a pact with TRACON pharmaceuticals to develop and commercialize Tracon's anti-VEGF product TRC105, an orphan drug category for the treatment of various eye related disorder
April, 2012 Baush and Lomb acquired Ista Pharmaceuticals for increasing its customer base and acquiring pipline drugs for the treatment of Stargardt disease.
Global Orphan Drugs Market - Regional Analysis:
Depending on geographic region, Globally North America is the largest market for orphan drugs. Factors such as high product demand and the increasing government incentives are expected to promote market growth in the US region, which is considered to be the highest revenue-generating region in the Americas.
Europe is the second-largest market for Global orphan drugs. The future market for orphan drugs is anticipated to be dominated by the developed regions with developing regions act as a supporting pillar to its growth.
Asia Pacific will be the fastest growing regional market and is likely to be the key to the future. Middle East & Africa is expected to have limited but steady growth in the market.
Global Orphan Drugs Market - Company Analysis:
This market is highly fragmented and is dominated by five major vendors including Bristol-Mayer Squibb Company, Celgene Corporation, F. Hoffmann La Roche, Novartis AG, and Pfizer Inc. as they have extensive product portfolios. Factors such as the high regulatory barriers, patent expiry of branded drugs, stringent rules and regulations, and decreased R&D productivity, pose significant challenges to the vendors during the forecast period.
Other prominent players in the value chain include AstraZeneca plc, AbbVie Inc., Aegerion Pharmaceuticals, Inc., GlaxoSmithKline plc, Vertex Pharmaceuticals, Merck & Co., Inc., Boehringer Ingelheim GmbH, Amgen Inc., and Actelion Pharmaceuticals Ltd.
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healthcare-market · 2 years
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Retinal Disorders Treatment Market Status and Forecast, by Players, Types and Applications
Retinal Disorders Treatment Market: Introduction
According to the report, the global retinal disorders treatment market was valued at US$ 9.18 Bn in 2019 and is projected to expand at a CAGR of ~7% from 2020 to 2030. Macular degeneration is of two types: wet age-related macular degeneration and dry age-related macular degeneration. Diabetic retinopathy is one of the common diabetic eye disorders characterized by damaged blood vessels in the retina. Damaged blood vessels and nerves lead to vision impairment, blurring of vision, and eye hemorrhage. If left untreated, it could lead to retinal detachment and blindness. In terms of indication, the global retinal disorders treatment market has been classified into macular degeneration, diabetic retinopathy, diabetic macular edema, and others. The macular degeneration segment has been bifurcated into dry macular degeneration and wet macular degeneration. Based on therapeutic class, the global retinal disorders treatment market has been categorized into anti-VEGF agents and others. In terms of dosage form, the global retinal disorders treatment market has been divided into gels, eye solutions, capsules & tablets, eye drops, and ointments.
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Based on distribution channel, the global retinal disorders treatment market has been segregated into hospital pharmacies, retail pharmacies, and online sales. Rise in prevalence of retinal disorders due to increase in geriatric patient population boosts the growth of the global retinal disorders treatment market. The U.S. dominated the global retinal disorders treatment market in 2019, and the trend is anticipated to continue during the forecast period. Well-established healthcare infrastructure and early adoption of advanced technologies are the factors expected to fuel the growth of the market in the region. Moreover, rise in prevalence of various types of retinal disorder leads to increase in demand for treatment.
China is likely to be a highly lucrative market for retinal disorders treatment during the forecast period. Diagnosis and treatment rates have increased due to a rise in disposable income and health awareness. This has led to an increase in the adoption of macular degeneration drugs
Rise in Prevalence of Retinal Disorders Due to Increase in Geriatric Patient Population to Drive Global Market
Age is a prominent risk factor for age-related macular degeneration. The risk of developing advanced age-related macular degeneration increases from 2% in people aged between 50 and 59 to nearly 30% for those over 75. The prevalence of other retinal disorders was 93 million people with diabetic retinopathy, 21 million people diabetic macular edema and 28 million people with vision-threatening diabetic retinopathy. Increase in R&D activities, rise in the number of patients suffering from diseases, and rapid expansion of healthcare and biopharmaceutical industries in developed and developing countries are projected to boost advancements in therapies in the AMD treatment market during the forecast period. For instance, Lucentis and Eylea accounted for 2.8% of total pharmaceutical sales in Canada in 2017.
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Macular Degeneration to Dominate Global Market
In terms of indication, the global retinal disorders treatment market has been divided into macular degeneration, diabetic retinopathy, diabetic macular edema, and others. Macular degeneration has been bifurcated into dry macular degeneration and wet macular degeneration. The macular degeneration segment dominated the market in terms of revenue in 2019. The rise in prevalence of macular degeneration is anticipated to drive the segment during the forecast period. For instance, the number of people living with macular degeneration is expected to reach 196 million globally by 2020 and increase to 288 million by 2040.
Anti-VEGF Agents to be Main Therapeutic Class
Based on therapeutic class, the global retinal disorders treatment market has been categorized into anti-VEGF agents and others. The anti-VEGF agents dominated the global retinal disorders treatment market in 2019. Major market products such as Avastin and Eylea are included in the anti-VEGF drug class. Increase in demand for these products in the treatment of retinal disorders and strong product pipeline are likely to drive the segment. However, the others segment, which includes anti-inflammatory drugs, is projected to expand at the highest CAGR from 2020 to 2030. The increase in the use of anti-inflammatory drugs for pain relief is anticipated to augment the segment.
Eye Solutions to be Preferred Dosage Form
In terms of dosage form, the global retinal disorders treatment market has been divided into gels, eye solutions, capsules & tablets, eye drops, and ointments. The eye solutions segment dominated the global retinal disorders treatment market in 2019. However, the eye drops segment is expected to expand at the highest CAGR during the forecast period. The segment is likely to grow at a rapid pace due to increase in demand for eye drops for treatment of retinal diseases in emerging countries such have China, India, and Brazil.
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Retail Pharmacies to Emerge as Major Distribution Channel
Based on distribution channel, the global retinal disorders treatment market has been segregated into hospital pharmacies, retail pharmacies, and online sales. The retail pharmacies segment dominated the market in terms of revenue in 2019 due to wide network, ease of access, and diverse product offerings, including prescription and OTC ophthalmic drugs. However, the shift toward the use of electronic payment modes is projected to boost the growth of the online sale segment during the forecast period.
U.S. to Dominate Global Market
The global retinal disorders treatment market has been segmented into five major regions/country: the U.S., Europe, China, Russia, and Rest of the World. The U.S. dominated the global market in 2019, followed by Europe. The U.S. accounted for a major share of the global retinal disorders treatment market in 2019. Well-developed healthcare infrastructure, high healthcare expenditure, and adoption of branded drugs to treat retinal disorder disorders are the key factors attributed to the country’s significant share of the global market.
The retinal disorders treatment market in China is anticipated to expand at a high CAGR from 2020 to 2030. There have been significant unmet medical needs in the region. Furthermore, healthcare expenditure is increasing in developing markets. Key players are making investments to establish their operations in China. This, in turn, is projected to augment the market in the country.
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Competition Landscape
Regeneron Pharmaceuticals, Inc., F. Hoffmann-La Roche Ltd., and Novartis AG are the three major companies operating in the global retinal disorders treatment market. The global retinal disorders treatment market is fragmented in terms of number of players. Key players in the global market include Allergan plc, Bayer AG, F. Hoffmann-La Roche Ltd., Graybug Vision, Inc., Kubota Pharmaceutical Holdings Co., Ltd., Novartis AG, Pfizer, Inc., Regeneron Pharmaceuticals, Inc., Santen Pharmaceutical Co., Ltd., and Takeda Pharmaceutical Company Limited. New product development through robust R&D activities and mergers & acquisitions are key strategies adopted by these players to gain a competitive advantage in the global retinal disorders treatment market.
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