Macular Degeneration Treatment Market 2020:Competitor Analysis By Allergan, Regeneron Pharmaceuticals, Inc, STEMCELL Technologies Inc, IVERIC bio & Others

Global macular degeneration treatment market is expected to grow at a steady CAGR in the forecast period of 2019-2026. Growing incidence ocular surface injuries as it can contribute to the neurotrophic keratitis and development of advanced therapies and treatment are the key factors for market growth.

Data Bridge Market research released a new market study on macular degeneration treatmen with 100+ market data Tables, Pie Chart, Graphs & Figures spread through Pages and easy to understand detailed analysis In macular degeneration treatmen research report also directs the manufacturer about planning of advertising and sales promotion efforts and makes it more effective. The report consists of all the detailed profiles for the macular degeneration treatmen major manufacturers and importers who are influencing the market. Macular degeneration treatmen survey provides key information about the industry such as helpful and important facts and figures, expert opinions, and the latest developments across the globe. This market study includes drivers and restraints for the market along with the impact they have on the demand over the forecast period derived with the help of SWOT analysis.

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Few of the major competitors currently working in the global macular degeneration treatment market are Neurotech, Gilead Sciences, Inc., F. Hoffmann-La Roche Ltd, Adverum, Allergan, Regeneron Pharmaceuticals, Inc, STEMCELL Technologies Inc, IVERIC bio, Kubota Pharmaceutical Holdings Co., Ltd, Bayer AG, Novartis AG, Sanwa Kagaku Kenkyusho Co., Ltd, Opthea Limited, Santen Pharmaceutical Co., Ltd, PanOptica, Inc, Bausch health, Alcon, Resolvyx Pharmaceuticals, Inc, Phio Pharmaceuticals Corp and others.

Segmentation: Global Macular Degeneration Treatment Market
By Type

Wet Macular Degeneration
Dry Macular Degeneration
By Treatment

Drugs
Ranibizumab
Aflibercept
Others
Surgery
Laser Photocoagulation Surgery
Subretinal Surgery
By Route of Administration

Oral
Injectable
Others
By End Users

Hospitals
Homecare
Specialty Clinics
Ophthalmic Clinic
Others
By Distribution Channel

Hospital Pharmacies
Retail Pharmacies
Online Pharmacies
By Geography

North America
South America
Europe
Asia-Pacific
Middle East & Africa

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Market Drivers

Increase in special designation from the regulatory authorities is drive the market
Huge financial support to the researchers for developing novel intervention is boosting the market growth
High demand of disease specific novel treatment can also act as a market driver
Advancement in treatment such as cellular therapy can improve the vision is also act as factors that drive the market

Market Restraints

Treatment by Surgery may alter the appearance and function of the eye can threats the patients is also acting as a challenging factor for the growth of this market
Low healthcare budget in some developing countries is hamper the market growth

Key Developments in the Market:

In September 2019, Adverum reported positive 24-week clinical data from the first cohort of patients treated with a one-time intravitreal (IVT) dose of ADVM-022, gene therapy in the OPTIC phase I clinical trial in wet age-related macular degeneration (wet AMD).The trial demonstrated sustained improvements in retinal anatomy. The clinical trial results indicating potentially significant clinical benefits for patients with wet age-related macular degeneration.
In February 2019, Neurotech received Fast Track designation from the FDA for NT-501 or Renexus, a encapsulated cell therapy for the treatment of macular telangiectasia type 2 (MacTel). The FDA Fast Track designation enables the company to accelerate the development process which helps patients to have access on the treatment as quickly as possible.

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