Global Macular Degeneration Treatment Market Size, Forecasts, And Opportunities – Includes Macular Degeneration Treatment Industry
Learn about the global macular degeneration treatment market through The Business Research Company, which provides information on macular degeneration treatment market size, macular degeneration treatment market drivers and restraints, macular degeneration treatment market players, the COVID-19 impact on the macular degeneration treatment market, and more.
The global macular degeneration treatment market size is expected to grow from $7.55 billion in 2021 to $8.08 billion in 2022 at a compound annual growth rate (CAGR) of 7.04%. The growth in the market is mainly due to the companies’ resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The global macular degeneration treatment market size is expected to reach $10.65 billion in 2026 at a CAGR of 7.15%.
The increasing burden of retinal disorders is expected to propel the growth of the macular degeneration treatment market.
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The macular degeneration treatment market consists of sales of macular degeneration treatment by entities (organizations, sole traders, and partnerships) that are used to treat macular degeneration eye disease. Macula refers to the central portion of the retina, a light-sensitive layer of tissue at the backside of the eye. The macula is responsible for central vision. Degeneration of the macula, which affects the central part of the retina (the macula) and results in distortion or loss of central vision, occurs most commonly after the age of 60 and is referred to as age-related macular generation (AMD). Macular degeneration treatment helps to slow the disease and prevent severe loss of vision.
Global Macular Degeneration Treatment Market Segments Include:
By Stage of Disease: Early-Stage AMD, Intermediate AMD, Late-Stage AMD
By End-User: Ambulatory Surgical Centres, Ophthalmic Clinics, Hospitals
By Route of Administration: Oral, Injectable, Others
By Type: Wet Macular Degeneration, Dry Macular Degeneration
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America will be the largest region in the macular degeneration treatment market
The development of advanced therapies is a key trend gaining popularity in the macular degeneration treatment market. Advanced therapy, including gene therapy, for the treatment of disease has seen development in recent years, particularly within the world of inherited retinal disease.
Major Market Players: Novartis AG, Bausch Health Companies Inc, Regenxbio Inc, F Hoffmann-La Roche Ltd, Regeneron Pharmaceuticals Inc, GlaxoSmithKline plc, Bayer AG, Neurotech Pharmaceuticals Inc, Ophthotech Corporation, StemCells Inc, Pfizer Inc, Santen Pharmaceuticals, Alimera Sciences Inc, Aerie Pharmaceutical Inc, Panoptica, Allergan Inc, Valeant Pharmaceuticals, and Rxi Pharmaceuticals.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)
The Macular Degeneration Treatment Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides macular degeneration treatment market overviews, analyzes and forecasts market size, share, macular degeneration treatment market players, macular degeneration treatment market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s macular degeneration treatment market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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