#Global Diabetic Retinopathy Drug Market Research

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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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The Global Advanced Glycation End Products Market will grow at highest pace owing to enhanced R&D activities

The advanced glycation end products (AGEs) market comprises pharmaceutical products used to treat diseases caused due to accumulation of AGEs in the body. AGEs are a complex and heterogeneous group of compounds formed through non-enzymatic glycation and oxidation of proteins, lipids, and nucleic acids. Some key products in the market are aspirin, diltiazem, Benicar, Cozaar, and Diovan. The global AGEs market is an important therapeutic area as accumulation of these compounds in tissues and blood vessels is associated with conditions like diabetes, atherosclerosis, chronic kidney disease, neurological disorders, and even aging. The need for AGEs inhibiting therapeutics is expected to rise with the growing prevalence of the above-mentioned diseases worldwide.

The Global advanced glycation end products Market is estimated to be valued at US$3,469.95 Mn in 2024 and is expected to exhibit a CAGR of 12. % over the forecast period 2023 to 2030. Key Takeaways Key players operating in the advanced glycation end products (AGEs) market are Astellas Pharma, Calico, Geron Corporation, Human Biosciences, National Cancer Institute, Sanofi, Pfizer Inc. Key players are focusing on research and development activities to develop more effective therapies. In June 2019, a team of engineers from the MIT announced that they are developing a method of converting liquid nanoemulsions into solid gels. The global AGEs market is witnessing high demand mainly due to the rising prevalence of diabetes and subsequent diabetic complications. It is estimated that over 537 million adults were living with diabetes in 2021 worldwide. As diabetes leads to elevated blood sugar levels and increase risk of developing CVDs and renal diseases over the long run, the need for AGEs management is growing. With continuous technological advancements, new drugs and drug delivery systems are being developed to inhibit AGEs formation and break existing links between AGEs and tissues. Nanotechnologies have opened up possibilities of developing targeted drug delivery systems with minimal side effects. Researchers are working on nanoparticle-based therapeutics that can selectively migrate to areas of the body with high AGE accumulation like retina in case of diabetic retinopathy. Market Trends Some key trends being observed in the global advanced glycation end products market include: - Focus on developing alternatives to existing drugs: With many drugs going off-patent, companies are putting increased efforts in discovering new chemical entities that can effectively inhibits AGEs formation as well as break existing links. - Investments in preventive therapies: With lifestyle diseases rising, there is higher focus on developing preventive treatments through diet modification and AGEs restriction. Supplements and food products inhibiting non-enzymatic glycation are gaining prominence. - Combination therapies gaining traction: Using complementary mechanisms, researchers are exploring efficacy of combining existing drugs rather than developing new single-molecule therapies. Market Opportunities The future growth opportunities in the global advanced glycation end products market lie in: - Developing cost-effective AGEs diagnostics tests: Early detection is crucial but existing tests are often inaccessible in developing regions. Developing affordable point-of-care diagnostics can boost early treatment. - Leveraging technological advancements: Technologies like nanomedicine, gene therapy are opening up avenues to develop targeted, precise and long-lasting AGEs modulating therapies.

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Europe Eyes a Brighter Future: Dominating the Eye Drop and Lubricant Market Through Innovation

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.

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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.

[industryforecastnews]

Ophthalmic Drugs Market Size To Reach $66.06 Billion By 2030

Ophthalmic Drugs Market Growth & Trends

The global ophthalmic drugs market size is expected to reach USD 65.55 billion by 2030, garnering a CAGR of 7.80% from 2023 to 2030, according to a new report by Grand View Research, Inc. The rising awareness about ophthalmic disorders and the surge in demand for ophthalmic drugs are the factors propelling the market growth. Moreover, an increase in the prevalence of eye diseases such as age-related macular degeneration, cataract, dry eye, diabetic retinopathy, glaucoma, and others are anticipated to boost the demand for ophthalmic drugs.

According to BrightFocus Foundation in 2021, it is estimated that over 3 million Americans are living with glaucoma, and, among them over 2.7 million patients were affected by the most common type of glaucoma i.e. open-angle glaucoma. Moreover, 3.3 million people are affected by blindness and low vision in the U.S. Some of the major risk factors for glaucoma and blindness are, higher age, family history, thin cornea, and high eye pressure. This creates a wide population base for ophthalmic drugs, thereby, ensuring lucrative growth.

Furthermore, ocular therapeutic and drug delivery companies are receiving funding to expedite R&D for advancements in technologies to develop novel drugs, which is likely to fuel market growth. For instance, in June 2020, Re-Vana Therapeutics received USD 3.25 million in pre-series A funding from Qubis, ExSight Ventures, LLC, Clarendon Fund Managers, Visionary Ventures, and Techstart Ventures LLP. The funding is expected to boost the development of Re-Vana Therapeutics’ EyeLief & OcuLief biodegradable technologies that can be used for a small molecule as well as biologics delivery.

Moreover, the rising geriatric population is the key driver for the ophthalmic drugs market growth. According to Safe Eyes America, the most common risk factors for ophthalmic diseases are high age, family history, diabetes, and high blood pressure. For instance, as per AMERICA’s HEALTH RANKINGS senior report 2021 it was estimated that more than 54 million adults of age more than 65 live in the U.S., and that population accounted for 16.5% of the total population. According to Macular Degeneration Research AMD is the leading reason for blindness in U.S. people over the age of 60.

Ongoing regulatory approvals for ophthalmic products are likely to support market growth. For instance, in June 2022 Santen Pharmaceutical Co., Ltd announced that it has got marketing and manufacturing approval for the dry eye disease treatment DIQUAS LX ophthalmic solution in Japan. This solution is the improved formulation that has reduced dosing frequency and improved patient compliance.

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Ophthalmic Drugs Market Report Highlights

Anti-VEGF agents segment held the largest share in 2022 owing to their rising demand and lesser adverse effects

Retinal disorders held the largest market share in 2022 owing to the rising prevalence of age-related macular degeneration and diabetic retinopathy

The topical route of administration dominated the market in 2022 owing to factors such as the benefits of the topical route as it delivers the drug to the targeted site and ease of use

The eye drops segment is expected to hold the largest share in 2022 owing to rising demand for eye drops, high patient compliance, and availability of OTC products

Asia Pacific is expected to exhibit the fastest growth over the forecast period due to advancements in healthcare infrastructure, increasing demand for eye products, and a large patient pool

Ophthalmic Drugs Market Segmentation

Grand View Research has segmented the global ophthalmic drugs market report based on drug class, disease, route of administration, dosage type, product type, product, and region:

Ophthalmic Drugs Drug Class Outlook (Revenue, USD Billion, 2018 - 2030)

Anti-allergy

Anti-inflammatory

Non-steroidal drugs

Steroidal drugs

Anti-VEGF Agents

Anti-glaucoma

Others

Ophthalmic Drugs Disease Outlook (Revenue, USD Billion, 2018 - 2030)

Dry Eye

Gels

Eye Solutions & Suspensions

Capsules & Tablets

Eye Drops

Ointments

Allergies

Gels

Eye Solutions & Suspensions

Capsules & Tablets

Eye Drops

Ointments

Glaucoma

Gels

Eye Solutions & Suspensions

Capsules & Tablets

Eye Drops

Ointments

Eye Infection

Gels

Eye Solutions & Suspensions

Capsules & Tablets

Eye Drops

Ointments

Infection

Gels

Eye Solutions & Suspensions

Capsules & Tablets

Eye Drops

Ointments

Retinal Disorders

Retinal Disorder Treatment Market, By Type,

Macular Degeneration

Diabetic Retinopathy

Retinal Disorder Treatment Market, By Dosage Type,

Gels

Eye Solutions & Suspensions

Capsules & Tablets

Eye Drops

Ointments

Uveitis

Gels

Eye Solutions & Suspensions

Capsules & Tablets

Eye Drops

Ointments

Others

Ophthalmic Drugs Dosage Form Outlook (Revenue, USD Billion, 2018 - 2030)

Gels

Eye Solutions & Suspensions

Capsules and Tablets

Eye Drops

Ointments

Ophthalmic Drugs Route of Administration Outlook (Revenue, USD Billion, 2018 - 2030)

Topical

Retinal Disorders

Subconjunctival

Intravitreal

Retrobulbar

Intracameral

Local Ocular

Systemic

Ophthalmic Drugs Product Type Outlook (Revenue, USD Billion, 2018 - 2030)

Prescription Drugs

OTC

Ophthalmic Drugs Product Outlook (Revenue, USD Billion, 2018 - 2030)

Branded Drugs

Generic Drugs

Ophthalmic Drugs Regional Outlook (Revenue, USD Billion, 2018- 2030)

North America

S.

Canada

Europe

Germany

K.

France

Italy

Spain

Denmark

Sweden

Norway

Asia Pacific

Japan

China

India

Australia

South Korea

Australia

Thailand

Latin America

Brazil

Mexico

Argentina

Middle East and Africa (MEA)

South Africa

Saudi Arabia

UAE

Kuwait

List of Key Players of Ophthalmic Drugs Market

Pfizer Inc.

Alcon

Novartis AG

Bausch Health Companies Inc.

Merck & Co., Inc

Regeneron Pharmaceuticals Inc

Allergan (AbbVie Inc)

Bayer AG

Genentech, Inc. (F. Hoffmann-La Roche Ltd)

Nicox

Coherus Biosciences, Inc.

Browse Full Report: https://www.grandviewresearch.com/industry-analysis/ophthalmic-therapeutics-drug-market

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Ophthalmic Drugs Market | Revolutionizing Eye-Care Solutions

The prevalence of eye diseases globally is staggering, with the WHO reporting that at least 2.2 billion people have near or distant vision impairment. In about half of these cases, vision impairment can be addressed with the use of ophthalmic drugs. Highlighting this massive opportunity, Triton’s analysts predict that the Global Ophthalmic Drugs Market is set to advance at a CAGR of 6.64% in 2023-2030.

Ophthalmic medications are essential for treating eye conditions, ranging from dry eye to severe ailments like glaucoma. Moreover, innovations like telemedicine and digital health solutions in ophthalmic drug delivery are gaining traction across the Asia-Pacific region. These advancements particularly address accessibility issues in remote areas. Accordingly, our research estimates that the Asia-Pacific Ophthalmic Drugs Market is likely to grow at 7.56% CAGR over 2023-2030.

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Ophthalmic Drugs Market: Magnitude of Eye-Related Diseases

North America, especially the US, is a major market for ophthalmic drugs due to the high prevalence of common eye disorders.

For instance,

As per Genetech, a biotechnology company, nearly 11 million people in the US have some form of age-related macular degeneration (AMD), with about 200,000 new cases of wet AMD diagnosed annually across the country.

According to Centres for Disease Control & Prevention, around 9.6 million Americans were living with diabetic retinopathy (DR) in 2021.

The International Agency for the Prevention of Blindness estimated that globally, at least 450 million children have a sight condition that needs treatment, with 90 million children living with refractive error or some form of sight loss.

Thus, the extent of eye-related diseases globally creates a massive scope for the ophthalmic drugs market, driven by an increasing prevalence of conditions such as age-related macular degeneration, blindness and vision impairment, glaucoma, diabetic retinopathy, etc.

Moreover, with longer exposure to mobile screens and laptops from a young age, a growing burden of eye diseases is inevitable. Hence, early diagnosis and treatment are crucial in preventing long-term vision impairment in children, leading to an increased focus on specialized ophthalmic drugs tailored for younger as well as old patients.

Ophthalmic Drugs Market: Scope for Developing Innovative Products

With millions affected by eye disorders, there is a need to increase R&D activities with the approval and launch of novel therapies. In fact, the focus on biologics and gene therapy presents new avenues for addressing eye diseases at their root cause. These promising treatments offer long-term solutions rather than symptomatic relief.

Technological advancements in ophthalmic drug delivery systems, such as gels and eye drops, are revolutionizing patient care. For instance, gels that provide sustained drug release reduce the need for frequent application, enhancing treatment adherence.

Similarly, eye drops have seen innovations like multi-dose dispensers with antimicrobial features, improving safety and convenience for users. These are not only the most convenient and widely adopted delivery methods but also offer less discomfort and irritation. Strikingly, eye drops have become the fastest-growing component, with a CAGR of 6.83% over the forecast years 2023-2030.

These advancements have a profound impact on the ophthalmic drug market, making treatments more accessible, thereby improving the quality of life for patients. For example, in recent years, significant advancements have been made in gene and cell therapies, offering new therapeutic options for treating eye diseases.

Ophthalmic Drugs Market: Advancements in Drug Delivery

Innovations such as nanoparticle-based eye drops and preservative-free formulations are leading the market growth.

January 2022 - Alcon introduced ‘SYSTANE COMPLETE’ Preservative-Free eye drops, an innovation offering an all-in-one solution for all types of dry eye.

July 2022 - Clearside Biomedical developed a microneedle and injector for suprachoroidal injection of corticosteroid triamcinolone acetonide (CLS-TA), targeting conditions like macular edema associated with noninfectious uveitis.

Current/Ongoing - ABBV-RGX-314 is being developed as a potential one-time treatment for wet AMD, diabetic retinopathy and other additional chronic retinal conditions treated with anti-VEGF. It is expected to finish the trial in 2025.

As the field of ophthalmology continues to evolve, further integration of advanced technologies is empowering manufacturers to expand the possibilities within ophthalmic drug products. By improving drug delivery methods and harnessing gene therapy’s potential, treatment for eye diseases among older patients can become more effective, less invasive, and potentially curative. Along with these innovations, the demand for eye drops, as a dosage form, is expected to dominate the ophthalmic drugs market. These advancements not only promise better outcomes for young patients but also fuel market growth.

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FAQs

Q.1 How big is the ophthalmic drugs market?

The global ophthalmic drugs market generated $34547.84 million in 2022 and is expected to achieve $58681.41 million in 2030.

Q.2 What are antifungal ophthalmic drugs?

Antifungal ophthalmic drugs such as fluconazole, amphotericin B, voriconazole, etc., are used for treating severe eye infections.

[lovelypol]

Insights into the Evolving Ophthalmic Drugs Market: Enhancing Vision Health Globally

The realm of ophthalmic drugs stands at the forefront of healthcare innovation, continually evolving to address a wide spectrum of vision-related conditions. From common eye disorders like glaucoma and dry eye syndrome to complex retinal diseases, the development and accessibility of ophthalmic drugs play a pivotal role in preserving and restoring vision health worldwide.

The ophthalmic drugs market, propelled by advancements in pharmaceutical research, has witnessed a remarkable surge in innovation. Novel drug delivery systems, precision medicine, and gene therapies have revolutionized treatment approaches, offering more targeted and effective solutions for ocular ailments. The advent of biologics and sustained-release formulations has paved the way for enhanced therapeutic outcomes and improved patient compliance.

However, within this landscape of progress, challenges persist. Accessibility and affordability remain key concerns, particularly in low- and middle-income regions where access to crucial eye care treatments may be limited. Addressing these disparities requires collaborative efforts involving pharmaceutical companies, healthcare providers, governments, and non-profit organizations to ensure equitable distribution and affordability of essential ophthalmic medications.

Moreover, the aging global population has led to an increased prevalence of age-related eye diseases, further emphasizing the importance of ongoing research and development in this field. Conditions such as age-related macular degeneration and diabetic retinopathy continue to pose significant health burdens, necessitating the continuous exploration of new therapeutic modalities and treatment options.

Market dynamics, including regulatory frameworks, intellectual property rights, and competitive landscapes, influence the availability and affordability of ophthalmic drugs. Striking a balance between innovation and accessibility remains crucial to ensure that cutting-edge treatments reach those in need, irrespective of geographical or socioeconomic barriers.

Beyond the pharmaceutical aspect, patient education and awareness play a pivotal role in ensuring optimal eye care. Empowering individuals with knowledge about preventive measures, regular screenings, and the significance of early intervention can significantly impact vision health outcomes.

As we navigate the complexities of the ophthalmic drugs market, fostering collaborations among stakeholders is indispensable. This entails not only advancing research and development but also advocating for policies that promote universal access to quality eye care treatments.

In conclusion, the ophthalmic drugs market stands as a beacon of hope for millions worldwide grappling with vision-related ailments. By fostering innovation, improving accessibility, and raising awareness, we can collectively work towards a future where everyone has equal opportunities to preserve their vision and enjoy a better quality of life.

[alicesara611]

Human Insulin Market: Regional Analysis and Forecasts By 2023 to 2030

The human insulin market is expected to grow from US$ 18.95 billion in 2023 to US$ 21.04 billion by 2030, at a CAGR of 1.5% during the forecast period. The major factors driving the growth of the market include the increasing prevalence of diabetes, rising adoption of insulin analogues, and growing awareness about the benefits of human insulin.

The pancreatic beta cells are the source of the hormone insulin. It is essential to the control of blood sugar levels. It manages the processes of the body and determines how well body cells absorb amino acids. aids in the blood's absorption of glucose. A polygenic disorder is a medical illness characterized by elevated {blood sugar, blood glucose, glucose} or glucose levels in the patient. Diabetic retinopathy and diabetic nephropathy are two serious health consequences brought on by this disorder that affects the glucose in the blood tissues. People with diabetes, whose bodies are unable to produce enough insulin to regulate blood sugar levels, need to take insulin on a regular basis.

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Over the anticipated years, the market for HI analogs and the rising number of diabetes patients are anticipated to propel the human insulin market. Additionally, positive medical reimbursement scenarios and increased diabetes awareness are expected to drive the market in the upcoming years. Furthermore, the introduction of pen devices and safety pen needles for efficient insulin delivery is anticipated to drive the market during the projected period. Expanding allocations of funds towards research and development endeavors by diverse entities are anticipated to boost market expansion. There are obstacles and limitations that can prevent the market from growing.

Key Trends in the Human Insulin Market:

Some of the key trends in the human insulin market include:

Increasing prevalence of diabetes: Diabetes is a chronic disease that affects millions of people worldwide. The prevalence of diabetes is increasing rapidly due to factors such as obesity, sedentary lifestyle, and unhealthy diet. This is driving the demand for human insulin, which is a life-saving drug for people with diabetes.

Rising adoption of insulin analogues: Insulin analogues are a type of human insulin that is modified to improve its absorption and duration of action. Insulin analogues are more convenient and effective than traditional human insulin, and they are therefore becoming increasingly popular among patients and healthcare professionals.

Growing awareness about the benefits of human insulin: Human insulin is a natural hormone that is produced by the beta cells of the pancreas. It is the most effective and safe type of insulin for people with diabetes. However, many people are not aware of the benefits of human insulin, and they may opt for other types of insulin, such as animal-derived insulin or synthetic insulin. This is creating an opportunity for market players to educate patients and healthcare professionals about the benefits of human insulin.

Key Takeaways:

The global human insulin market is expected to grow from US$ 18.95 billion in 2023 to US$ 21.04 billion by 2030, at a compound annual growth rate (CAGR) of 1.5%.

The increasing prevalence of diabetes and the adoption of insulin analogues are the key factors driving the growth of the market.

The market is segmented by type, distribution channel, type of diabetes, and region.

The modern human insulin segment is expected to dominate the market during the forecast period.

The retail pharmacies segment is expected to be the largest distribution channel for human insulin.

North America is expected to be the largest market for human insulin, followed by Europe and Asia-Pacific.

Key Players in the Human Insulin Market:

The major players in the human insulin market include:

Novo Nordisk A/S

Eli Lilly and Company

Sanofi

Tonghua Dongbao Pharmaceutical Co., Ltd.

Biocon

Wockhardt

Becton, Dickinson and Company

Insulet Corporation

Medtronic plc

Tandem Diabetes Care

Ypsomed AG

These players are focusing on developing and launching new human insulin products that are more affordable and convenient for patients. They are also investing in research and development to improve the efficacy and safety of human insulin.

Segmentation:

By type:

Modern human insulin

Traditional human insulin

By distribution channel:

Retail pharmacies

Hospital pharmacies

Online pharmacies

By type of diabetes:

Diabetes type 1

Diabetes type 2

By region:

North America

Europe

Asia-Pacific

Latin America

Middle East and Africa

[meghanester]

Ocular Drug Delivery Devices Market Growth with a CAGR of ~7% During 2023-2035 and Attain ~USD 30 Billion

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.

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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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Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision in order to avoid future uncertainties.

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[rohans18]

Chronic Eye Diseases Market Size, Reports, Demands, Share - Forecast 2029

Global Chronic Eye Diseases Market, Type (Diabetic and Hypertensive Retinopathy, Cataracts, Age-Related Macular Degeneration (AMD), Thyroid Ophthalmopathy (Grave’s Disease), Glaucoma Dry Eye, Others), Medication (Anti-inflammatory, Anti-glaucoma, Lubricating Agents, Immunosuppressive, Others), Product Type (Eye Drops, Eye Ointment, Gel, Liquid Wipes, Others),  Route of Administration (Oral, Parenteral, Ocular, Others), End-Users (Hospitals, Specialty Clinics, Homecare, Others), Distribution Channel (Hospital Pharmacy, Retail Pharmacy, Online Pharmacy, Others) – Industry Trends and Forecast to 2029

In the consistent Chronic Eye Diseases market research report, industry trends are put together on macro level with which clients can figure out market landscape and possible future issues about Chronic Eye Diseases industry. The scope of this market report include but is not limited to latest trends, market segmentation, new market entry, industry forecasting, future directions, opportunity identification, strategic analysis and planning, target market analysis, insights and innovation. The report presents with the CAGR value fluctuations for the specific forecasted period which helps decide costing and investment strategies. An influential Chronic Eye Diseases market report brings precise and exact market research information that drives business into the right direction.

Key Players

Thermo Fisher Scientific Inc. (U.S.)

Abbott (U.S.)

QIAGEN (Germany)

PerkinElmer, Inc. (U.S.)

Merck KGaA (Germany )

Bio-Rad Laboratories, Inc. (U.S.)

Enzo Biochem, Inc. (U.S.)

Charles River Laboratories International, Inc. (U.S.)

Eurofins Scientific (Luxembourg)

Agilent Technologies, Inc. (U.S.)

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The research studies entailed in the winning Chronic Eye Diseases market report supports to estimate several important aspects that includes but are not limited to investment in a rising market, success of a new product, and expansion of market share. The strategies underlined here mainly consist of new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others that boost footprints in this market. Several other factors such as import, export, gross margin, price, cost, and consumption are also analyzed under the section of production, supply, sales and market status.

Key questions answered in the report:

Which product segment will grab a lion’s share?

Which regional market will emerge as a frontrunner in coming years?

Which application segment will grow at a robust rate?

Report provides insights on the following pointers:

Market Penetration: Comprehensive information on the product portfolios of the top players in the Chronic Eye Diseases Market.

Product Development/Innovation: Detailed insights on the upcoming technologies, R&D activities, and product launches in the market.

Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market.

Table Of Content

Part 01: Executive Summary

Part 02: Scope Of The Report

Part 03:  Global Market

Part 04: Global Market Size

Part 05: Global Market Segmentation By Product

Part 06: Five Forces Analysis

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[grevispharma]

Future Trends in Eye Drops: Exploring Technological Advancements and Market Projections

The field of eye drops is continuously evolving, driven by advancements in technology, research, and changing market dynamics. These innovations are shaping the future of eye care, offering promising solutions for various eye conditions. In this blog, we will explore the future trends in Eye Drops Franchise, focusing on technological advancements and market projections that are set to transform the industry.

Nanotechnology in Eye Drops:

Nanotechnology holds immense potential in the development of eye drops. Researchers are exploring the use of nano scale drug delivery systems to enhance the effectiveness of eye medications. Nanoparticles can improve bioavailability, increase drug penetration into the eye tissues, and prolong the therapeutic effect. These advancements can lead to more targeted and efficient treatment of ocular diseases, such as macular degeneration and diabetic retinopathy.

Novel Drug Delivery Systems:

Advancements in drug delivery systems are poised to revolutionize the efficacy and convenience of eye drops. Extended-release formulations, such as hydrogels and mucoadhesive systems, can provide sustained drug release, reducing the need for frequent administration. Intraocular implants and punctal plugs are also being explored as alternative delivery methods, ensuring controlled and long-lasting drug delivery.

Biologics and Gene Therapies:

The emergence of biologics and gene therapies is set to transform the treatment landscape for severe eye conditions. Eye drops incorporating biologic agents, such as growth factors and monoclonal antibodies, can target specific disease mechanisms and promote tissue regeneration. Additionally, gene therapies hold promise for genetic disorders, offering the potential to correct genetic mutations and restore normal functioning of the eye.

Personalized Medicine:

The future of eye drops lies in personalized medicine, where treatments are tailored to an individual's unique genetic and ocular profile. Advances in genetic testing and molecular diagnostics will enable healthcare professionals to identify specific genetic variations and biomarkers that influence a person's response to treatment. This knowledge will guide the development of customized eye drops, optimizing therapeutic outcomes for each patient.

Smart Technology Integration:

The integration of smart technology into eye drops is a trend on the horizon. Smart eye drops can provide real-time monitoring of eye conditions, track treatment adherence, and offer personalized reminders. These intelligent systems can also collect data on patient response and provide insights to healthcare professionals for personalized treatment adjustments. Such technological advancements have the potential to improve patient outcomes and enhance overall eye care management.

 Growing Market for Dry Eye Relief:

The prevalence of dry eye syndrome is increasing globally, driving the demand for innovative and effective eye drops. Market projections indicate significant growth in the dry eye segment, with a focus on developing advanced formulations that address the underlying causes of the condition. Eye drops containing novel lubricants, anti-inflammatory agents, and tear-stimulating compounds will play a vital role in providing relief to millions of individuals suffering from dry eye.

Expanding Access in Developing Countries:

As awareness of eye health and access to healthcare services improve, eye drops manufacturers are targeting emerging markets in developing countries. The growing middle-class population, increased affordability, and government initiatives are creating opportunities for eye drops companies to expand their reach. This expansion will not only address the rising demand for eye care but also contribute to reducing the burden of preventable blindness in these regions.

In conclusion, the future of eye drops Manufacturer is characterized by technological advancements and market projections that promise to revolutionize eye care. From nanotechnology and novel drug delivery systems to personalized medicine and smart technology integration, these trends will enhance treatment efficacy, convenience, and patient outcomes. With a focus on addressing conditions like dry eye and expanding access to underserved regions, the eye drops industry is poised to make a significant impact on global eye health.

[impossibledeanmakerwombat]

Vitrectomy Devices Market 2022 Growth, COVID Impact, Trends Analysis Report 2032

According to Future Market Insights’ newly released Vitrectomy Devices Market analysis report, According to a recently published industry study report by Future Market Insights, sales of vitrectomies devices were US$ 1.2 billion worldwide in 2021. The market is anticipated to grow at a CAGR of 7.3% from 2022 to 2032, reaching a worth of US$ 2.6 billion. The greatest revenue-generating kind is anticipated to be vitrectomy machines, with a nearly US$ 1.3 billion opportunity in absolute terms from 2022 to 2032. Request a Sample of this Report @  https://www.futuremarketinsights.com/reports/sample/rep-gb-16022

With the latest insights and statistics from the biggest pharmaceutical and healthcare device manufacturers across the globe, FMI presents an extensive analysis on Vitrectomy Devices market.

FMI offers insights into the market data on over 5000+ drugs for more than 100 countries, which further aids the research on current and upcoming market scenario for the Vitrectomy Devices market. Our expert researchers and analysts for healthcare tracks the data of established players as well as new entrants in medical industry to provide an unbiased analysis for a sound and financial decision.

Over the past decade, healthcare sector has been expanding remarkably, following the advent of artificial Intelligence and the Internet of Things integrated medical devices. Advancement in technology has created impressive scope within the medical sector for diagnostics and therapeutics.

The report offers extensive data sets validating key trends impacting growth in the Vitrectomy Devices market. It offers insights into strategies adopted by the key players rise and address the concerns that will challenge the growth of Vitrectomy Devices market. With our extensive research and information about the past, current and future market scenario, the Vitrectomy Devices market report will help and identify the concerns, for a smooth-sail of the small & medium as well as large enterprises.

Critical Questions Answered in the Report

What are ongoing trends that will shape market growth curve for global Vitrectomy Devices market? What are the drivers and challenges affecting the Vitrectomy Devices market demand? What are the recent technological advancement in the Vitrectomy Devices market? What are key trends and opportunities that will prevail the revenue growth of Vitrectomy Devices market players? How will evolving regulatory policies impact the market growth? What is the impact of Covid-19 on the Vitrectomy Devices market?

Ask the Analyst @ https://www.futuremarketinsights.com/ask-question/rep-gb-16022 Market Segments Covered in Vitrectomy Devices Industry Analysis

By Product Type:

Vitrectomy Machines Vitrectomy Packs Photocoagulation Lasers Illumination Devices

By Application:

Diabetic Retinopathy Retinal Detachment Macular Hole Vitreous Hemorrhage Other Applications

By End-use: Hospitals Ophthalmic Clinics Ambulatory Surgical Centres

Comprehensive analysis of the regional markets offers exclusive insights on the market performance across geographies along with relevant graphs, figures, and list of tables.Full Report @https://www.futuremarketinsights.com/reports/vitrectomy-devices-market

[data-bridge]

Diabetic Macular Edema Treatment Market Applications, Products, Share, Growth, Insights and Forecasts Report 2029

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.

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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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[market-insider]

Optical Coherence Tomography Market 2022 | Handheld OCT Devices Segment Held The Largest Share

The global optical coherence tomography market size is expected to reach USD 5.28 billion by 2030, registering a CAGR of 15.41%, according to a new report by Grand View Research, Inc. Rising demand for early diagnosis of the disease, constant innovation and development of newer technologies, higher demand from the new biomedical applications, such as drug delivery, and rising prevalence of eye disorders are expected to drive the Optical Coherence Tomography (OCT) industry growth. However, the lack of favorable reimbursement policies and clinical information can hamper the growth in the coming years. The technique has numerous uses in fields like dermatology, cancer, and ophthalmology.

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It is largely used to diagnose and treat disorders affecting the eyes, including glaucoma, conditions affecting the retina, such as central serous retinopathy, Age-related Macular Degeneration (AMD), and vitreous traction. An additional definition of the market includes new technology for high-resolution cross-sectional imaging. It takes a picture with micrometer-resolution using coherent light. Other illnesses like non-melanoma prostate cancer, skin cancer, esophageal issues, cardiovascular disruptions, and diabetes have been added to the market’s reach. A significant increase in demand for the product is anticipated due to the rising incidence of these diseases.

The COVID-19 pandemic has led to a huge surge in demand for medical supplies and respiratory support devices, such as life-support machines, atomizers, oxygen generators, and monitors. OCT angiography is used for the imaging of retinal vascular changes in fully-recovered COVID-19 patients. The key manufacturers of OCT systems are struggling to maintain their production capacity, along with finding newer methods to strengthen their presence, such as mergers & acquisitions and collaborations with suitable market players. These initiatives by key players can be positive for the industry's growth in the coming years.

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The global diabetic retinopathy drug market is anticipated to bolster at a robust growth rate to reach USD 705 Million by 2021

Diabetic retinopathy is a medical condition which damages retina (present at the back of eye) and leads to blindness if untreated or undiagnosed. The degree of treatment of diabetic retinopathy varies according to various stages of the disease and is mainly prioritized to curb the disease at its initial stage.

The global diabetic retinopathy drug market is anticipated to bolster at a robust growth rate to reach USD 705 Million by 2021. Geographically, the global diabetic retinopathy drug market is segmented into North America, Latin America, Western and Eastern Europe, Asia-Pacific, Middle East and North Africa (MENA) and Rest of World.

Market Segmentation

By Type of Drugs

The global diabetic retinopathy drugs market is segmented based on type of drugs into intraocular steroid injection, Avastin, Lucentis and Anti-Vascular Endothelial Growth Factor (VEGF) drug.

By End Users

On the basis of end-users, the global diabetic retinopathy drug market is divided as ophthalmic clinics, hospitals, ambulatory surgical centers and others.

Growth Drivers and challenges

Rapidly expanding diabetic population coupled with increasing awareness of people regarding diabetic retinopathy is expected to drive the growth of global diabetic retinopathy drug market in coming 4-5 years.

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In addition to that, rising medical procedures due to high penetration of medical insurance and rising government initiatives for prevention of diabetes related risks is also believed to garner the growth of global retinopathy drug market in future.

However, lack of trained ophthalmologist and stringent government regulations for approval of diabetic retinopathy drugs is anticipated to restrain the growth of global diabetic retinopathy drugs market over the forecast period i.e. 2015-2021.      

Market Size and Forecast

Regionally, North America dominates the global diabetic retinopathy drug market. The region also accounted for 36.0% of total diabetic retinopathy market in 2015. Diabetic retinopathy drug market in the region is expected to escalate and get sparked by huge government spending on healthcare industry in coming 5-6 years.

Europe is the second largest diabetic retinopathy drug market behind North America. The market in the region is anticipated to propagate by increasing number of obese people, who are more prone to diabetes, in some of the major European countries including the U.K., Germany, Spain, France, Italy and Spain.    

Asia-Pacific diabetic retinopathy drug market is believed to have the highest growth over the covered forecast period. Rapid expansion of diabetic population, increasing per capita income and major investments in health infrastructure are some of the key factors which are expected to propel the diabetic retinopathy drug market in countries such as India and China over next 4-5 years.

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Japan diabetic retinopathy drug market is also anticipated to witness a burgeoned expansion fuelled by rapid growth of geriatric population in the country.

Key Players

Global diabetic retinopathy market is very competitive and includes some of the top players such as Roche, Moore Drug Company, Regeneron Pharmaceuticals Inc., Bayer Healthcare, ThromboGenics, Actavis PLC, Actavis PLC, Sirnaomics Incorporation, Parexel International Corp., etc.

Scope and Context

Overview of the Parent Market

Analyst View

Market Size and Growth

North America (U.S., Canada)

Latin America (Mexico, Brazil, Rest of Latin America)

Western and Eastern Europe (Germany, Italy, Spain, France, U.K, Benelux, Hungary, Rest Of Western Europe, Russia Poland, Rest of Eastern Europe)

Asia-Pacific (China, India, Singapore, Japan, Australia & New Zealand & Rest of Asia)

Rest of World

Segmentation

By Type of Drugs

By End Users

By Geography

Market Dynamics

Supply & Demand Risk

Competitive Landscape

Porter’s Five Force Model

Geographical Economic Activity

Key Players (respective SWOT Analysis) and their Strategies and Product Portfolio

Recent Trends and Developments

Industry Growth Drivers and Challenges

Key Information for Players to establish themselves in current dynamic environment

Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision so as to avoid future uncertainties.

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Cell Culture Market Trends and Growth 2026: Top Players  GE Healthcare, Corning, Inc.

The technique of growing cells outside the human body itself is a significant advancement in scientific research. Cell culture technique has been around since mid-20th century and the field is continuously expanding into various areas of pharmaceutical research and development such as cancer and immunotherapy. Endeavor to improve the drug bioavailability and therapeutic efficacy has led to better research outcomes in cancer and health screening techniques. The ability to develop continuous cell lines has enabled mass production of desired organ cells for research and treatment benefits. Cell culture offers an excellent model system for studying the normal physiology and biochemistry, drug effects and drug screening. Being an exploratory research field, use of reagents, instruments and other consumables is very critical to support its advancements.

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High Investment in research and development by biotechnological companies

Players in the global cell culture market are making major investments in R&D to introduce advanced products used in the cell culture process owing to rise in number of application and better return on investment. Furthermore, companies are inclined towards novel product development. For instance, Biovest International, in 2009, has developed a product named AutovaxID-C, which is expected to reshape the biologic production made in the industry. The product favors the automated cell growth by replacing conventional cell growth chambers that use to acquire a large space in the laboratory. Various other factors such as increasing prevalence of chronic diseases, high importance of tissue or organ replacement with cell culture process, and increasing demand for antibody production are in turn projected to fuel cell culture market growth. Also, rise in prevalence of age-related macular degeneration is expected to underpin the cell culture market growth. Eye conditions such as diabetic retinopathy in tune with rise in number of diabetic patients globally in turn creates a conducive environment for growth of the cell culture market. AMD ranks third with a prevalence of around 8.7% globally in 2015, according to W.H.O.

Key companies covered as a part of this study include Thermo Fisher Scientific, Inc., GE Healthcare, Corning, Inc., Sigma – Aldrich Corporation, VWR International, LLC, Merck KGAA, Becton, Dickinson and Company, Eppendorf AG, Sartorius AG and Lonza Group AG

[prabha194]

Global Ocular Drug Delivery Market Size and Share by 2028

According to our new market research study on “Ocular Drug Delivery Market to 2028 – Global Analysis and Forecast – by Technology, Formulation Type, Disease Type, and End User,” the market is expected to reach US$ 16,404.32 million in 2021 and is projected to reach US$ 27,016.20 million by 2028; it is expected to grow at a CAGR of 7.4 % from 2021 to 2028. The report highlights trends prevailing in the market and drivers and hindrances pertaining to the market growth.

An ocular drug delivery system (ODDS) is a dosage form, vehicle, or system intended to instill, administer, or deliver drug/medicine to the eye against any ailment or disorder involving or affecting vision. It ranges from simple sterile eye drop for the ocular surface to complex implants for intraocular tissue. Ocular drug formulations are primarily liquid forms, such as solutions, suspensions, and emulsions for treating anterior eye segment diseases. These formulations can be available in the form of advanced drug delivery systems like in-situ gel, micro emulsion, nanoparticle, liposome, iontophoresis, nanosuspension, and ocular inserts.     

The leading cause of blindness or low vision across the globe is cataract, glaucoma, age-related macular degeneration, diabetic retinopathy, and unaddressed refractive error. The majority of the global population have or had some eye disorder in their lifetime. As per the World Health Organization (WHO) report “Blindness and vision impairment” published in February 2021, around 2.2 billion people worldwide have a near or distance vision impairment. It has also estimated that the leading cause of vision loss or low vision is cataract (94 million) and uncorrected refractive errors (88.4 million). Further, the other common causes of vision loss are glaucoma (7.7 million), corneal opacities (4.2 million), diabetic retinopathy (3.9 million), and trachoma (2 million).

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According to the National Eye Institute (NEI), in the US, the number of people with cataracts is expected to double from 24.4 million in 2010 to about 50 million in 2050. Similarly, as per the Factsheet Glaucoma: Facts & Figures 2019, over 3 million people in the US were living with glaucoma.  Moreover, as per the Canadian Survey on Disabilities 2017, 1.5 million Canadians had a sight loss, and around 5.59 million had an eye disease which could further lead to sight loss.

Additionally, as per the Royal National Institute of Blind People in 2017, in the UK, there were around 350,000 people registered as blind and partially sighted; about 173,735 were registered for severely sight impaired; and 176,125 were registered for sight-impaired.

The market consists of major players such as AbbVie Inc., Bausch Health Companies Inc., Taiwan Liposome Company, Ltd., Ocular Therapeutix, Inc., Graybug Vision, Inc., Alimera Sciences, Inc., Envisia Therapeutics, Novartis AG, EyeGate Pharmaceuticals, Inc., Clearside Biomedical, Inc. and among others. The companies are utilizing organic as well as inorganic strategies such as new product launches, expansion, product approvals & collaboration, partnerships, and mergers and acquisitions.

About Us:

The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

Contact Us: Contact Person: Sameer Joshi Phone: +1-646-491-9876