openPR Logo
Press release

$ 11 bn by 2024 Diabetic Retinopathy Market| Key Players: Allergan, Novartis, Bayer, Genentech and Regeneron Pharmaceuticals

03-05-2019 12:43 PM CET | Health & Medicine

Press release from: Global Market Insights, Inc

Diabetic Retinopathy Market

Diabetic Retinopathy Market

The Diabetic Retinopathy Market is set to exceed USD 11 billion by 2024; according to a new research report by Global Market Insights.

Increasing geriatric population base coupled with rising incidences of age related macular degeneration (AMD) and diabetes will drive diabetic retinopathy market over the coming years. Technological advancements pertaining to diabetic retinopathy treatment and increasing research activities towards developing innovative products for treating vision loss due to diabetes will fuel market growth.

Numerous efforts made by organizations such as Canadian Diabetes Association to provide guidelines for diabetic retinopathy screening to patients suffering from diabetes will favor industry growth. Diabetic eye screening program, and other awareness campaigns arranged by government to reduce disease prevalence will further propel industry growth.

Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/486

Urbanization, unhealthy eating habits and physical inactivity has surged number of people suffering from chronic conditions such as diabetes. Factors such as prolonged undiagnosed diabetes, ignorance towards treatment and uncontrolled glucose levels will accelerate incidences of diabetes retinopathy over the coming years. However stringent approval procedure and dearth of skilled ophthalmologists will hinder diabetic retinopathy market growth over the forecast timeframe.

Non-proliferative diabetic retinopathy market dominated the market in 2016 and is expected to show considerable growth over the coming years. Rising diabetic population as well as increasing number of people suffering from diabetic retinopathy will drive non-proliferative diabetic retinopathy market.
Laser surgery segment is anticipated to witness significant growth over the forecast period due to rising adoption of lasers in various healthcare settings for treatment of diabetic macular edema (DME).

Technological advancements in laser treatment to detect eye diseases pre-occurrence of vision loss will further boost market growth. Growing incidences of advanced proliferative diabetic retinopathy will drive vitrectomy segment over the coming years.

UK diabetic retinopathy market should witness robust growth over the forecast period. High technological adoption coupled with rising number of people suffering from diabetic retinopathy will drive UK diabetic retinopathy market. Government initiatives including programs such as ‘Action for Diabetes’ undertaken to aware people about diabetic associated blindness will positively impact industry growth.

Growing geriatric population base along with growing prevalence of diabetes will drive Japanese diabetic retinopathy market over the forecast period. Increasing application of vitrectomy for treating diabetic macular edema in the country will further boost market growth.

Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/486

Some of the industry players operating in global diabetic retinopathy market are Allergan, Novartis, Bayer, Genentech and Regeneron Pharmaceuticals.
The companies operating in diabetic retinopathy market are focusing on developing new innovative products by adopting strategies such as strategic collaborations, partnerships and acquisition.

For instance, Novartis acquired Encore Vision in December 2016 to strengthen its ophthalmic product portfolio. At present, several research projects are being conducted to identify exact inhibitor that leads diabetes to vision loss.

Global Market Insights Inc. is a global market research and management consulting company catering to leading corporations, non-profit organizations, universities and government institutions. Our main goal is to assist and partner organizations to make lasting strategic improvements and realize growth targets. Our industry research reports are designed to provide granular quantitative information, combined with key industry insights, aimed at assisting sustainable organizational development.

Global Market Insights, Inc.
4 North Main Street
Selbyville, Delaware 19975 USA
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email:sales@gminsights.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release $ 11 bn by 2024 Diabetic Retinopathy Market| Key Players: Allergan, Novartis, Bayer, Genentech and Regeneron Pharmaceuticals here

News-ID: 1633000 • Views: 249

More Releases from Global Market Insights, Inc

Refractories Market 2020 by top key players Saint-Gobain, Morgan Advanced Materi …
Global Refractories Market size was estimated at USD 30 billion in 2018 and is projected to surpass USD 41 billion by the year 2025. Refractories market is classified into monolithic, brick & shapes and others. Other refractories products is expected to gain close to 3% by 2025. Other refractory products include ceramic fibers and refractories raw materials used for manufacturing refractories inhouse. Ceramic fibers are lightweight, has high temperature stability and
Offshore Crane Market Trends 2020 By Industry Players Liebherr Group, National O …
The size of the overall Offshore Crane Market was recorded at USD 2.5 billion in the year 2018 and is now projected to surpass around USD 5 billion by 2026. The ongoing exploration of new offshore oil & gas fields will surge the demand for offshore cranes. The growing demand for maintenance & repair of oil & gas extraction systems will drive the offshore crane market growth. The equipment is primarily
Assisted Reproductive Technology Market Top Players | Cooper Surgical Inc., Cook …
Assisted Reproductive Technology Market will reach over USD 32.5 billion by 2024; as per a new research report. Increasing number of people suffering from infertility issues coupled with rising awareness about assisted reproductive technology (ART) will drive ART market over the forecast timeframe. Furthermore, changing social factors and rising disposable income should positively impact industry expansion. Procedures such as in-vitro fertilization are offered at low cost in developing countries such as
What's driving the Lithopone Market growth? | Leading Key Players Titanos, Langf …
A report by DecResearch estimates that the lithopone market size will be valued at over $235 million by 2025. Rapid global urbanization has given rise to a thriving construction industry which is a significant contributor to the lithopone market growth. The strong reducing power and chemically inert nature of lithopone has led to its extensive application across numerous industries including paints & coatings, paper& pulp, rubber, leather, plastics and linoleum

All 5 Releases


More Releases for Diabetic

Diabetic Food Market
Diabetes refers to a metabolic disease which leads to high blood sugar levels. The main cause behind diabetes is the insufficient insulin or no response in the body cells where the insulin is produced. Diabetic foods are dietary products rich in carbohydrates and sugar content. They help in controlling rising blood glucose. Diabetic food is low in calorie sweeteners and diet beverages. These products are consumed by diabetic patients and
Global Diabetic Care Devices Market
The global diabetes monitoring devices market generally consists of the following devices: self-glucose monitoring devices, blood glucose meter devices, blood glucose test strips, lancets and lancet devices, continuous glucose monitoring devices, transmitters and receivers. This report does not include other medical devices used in hospitals. To Get Sample Copy of Report visit @ https://www.researchmoz.us/enquiry.php?type=S&repid=2798595 The scope of the report includes an overview of the global market for diabetes monitoring devices and analyses
Expanding Diabetic Populace Driven Growth For Diabetic Food Market Globally
Market Overview Diabetic Food items are dietary items that incorporate diminished starch and sugar substance that assistance in controlling the ascent of the blood glucose. Diabetic Food additionally contains low calorie sweeteners, slim down refreshments, and so on. These items are devoured by diabetic individuals and by the general population who are not diabetic as careful step to avoid diabetes. Diabetic nourishment makers are entering into different market fragments by presenting
Diabetic Alcohol Swabs Market
An alcohol swab is gauze that has been dipped and saturated with alcohol. It is a vital part of any first aid kit. Alcohol swabs are primarily used to disinfect and clean cuts and scrapes. They are used in doctors’ clinics, diagnostic centers, and other places where quick and easy cleaning of a locale is desired. The alcohol in the alcohol swabs helps get rid of possible sources of contamination
Global Diabetic Retinopathy Market
The Diabetic Retinopathy Market report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies. Diabetes is the chronic condition associated with abnormally high level of glucose in the blood. Insufficient or non production of insulin in pancreas causes diabetes. Globally, the incidence of diabetes is
Diabetic Food Market -
In recent times, diabetes has emerged as one of the most challenging health conditions across the world. According to the WHO, a total of 415 million cases of diabetes were reported globally in 2015. The count is rising at an alarming rate and is expected to reach 642 million in the next 25 years. Till now no medication has been found that can completely cure diabetes. It can only be