Press release
Diabetic Retinopathy Market 2021 Comprehensive Insights - Alimera Sciences, Allergan PLC, Ampio Pharmaceuticals, Bayer Healthcare, BCN Peptides
The Diabetic Retinopathy Market report offers an in-depth assessment of market dynamics, the competitive landscape, segments, and regions in order to help readers to become familiar with the Diabetic Retinopathy market. It particularly sheds light on market fluctuations, pricing structure, uncertainties, potential risks, and growth prospects to help players to plan effective strategies for gaining successful in the Diabetic Retinopathy market. Importantly, it allows players to gain deep insights into the business development and market growth of leading companies operating in the Diabetic Retinopathy market.The global diabetic retinopathy market reached a value of US$ 7.64 Billion in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of 5.6% during 2021-2026.
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Top Leading Companies of Diabetic Retinopathy Market are - Alimera Sciences, Allergan PLC, Ampio Pharmaceuticals, Bayer Healthcare, BCN Peptides, Genentech, Kowa Group, Novartis AG, Regeneron Pharmaceuticals Inc. and Sirnaomics Inc. and others.
Market Overview:
Diabetic retinopathy (DR) refers to the damage caused to the blood vessels in the retina by diabetes mellitus. This ailment is of two kinds, namely non-proliferative DR and proliferative or advanced DR. It is caused by fluctuations in the blood glucose levels resulting in an abnormal growth in the light-sensitive tissues present in the eye. The symptoms of DR include the visibility of dark spots or floating strings in the vision field, blurred or fluctuating vision, impaired color vision or loss of vision. It can be diagnosed through tests, such as fluorescein angiography and optical coherence tomography, and the treatment involves the use of intraocular steroid injection, laser treatment and vitrectomy.
The increasing prevalence of diabetes, along with the growing geriatric population across the globe, represent as the key factors driving the growth of the market. Furthermore, the rising incidence of blindness caused by DR is also providing a boost to the market growth. There is an increasing awareness among the masses regarding the available treatment alternatives and the benefits of early detection of DR. This has resulted in the widespread adoption of technologically advanced procedures and equipment, such as the improved ophthalmic diagnostic and surgical instruments. These procedures and equipment enable early detection and efficient treatment of the ailment with higher precision and minimal discomfort to the patient. Other factors, including the increasing healthcare expenditures, the implementation of favorable government policies to make advanced healthcare services available to the masses and extensive research and development (R&D) activities, are projected to drive the market further.
The Diabetic Retinopathy Market is segmented by Types:
Proliferative Diabetic Retinopathy
Non-proliferative Retinopathy
Anti VEGF Drugs
Steroid Implants
Laser Surgeries
Vitrectomy
The Diabetic Retinopathy Market is segmented by Applications:
Hospitals and Pharmacies
Eye Clinics
Ambulatory Surgical Centres (ASCs)
Others
The Latest Industry Data Included in this Report:
- Diabetic Retinopathy Market Size & Analysis (2016 - 2026)
- Market Share Analysis of Diabetic Retinopathy Market (%),2016 - 2026
- Diabetic Retinopathy Market Share, By Brand
- Diabetic Retinopathy Market Share, By Company
- Diabetic Retinopathy Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies Diabetic Retinopathy Market Value Analysis & Forecast
- Promising Diabetic Retinopathy Development by Major Companies
- Detailed Diabetic Retinopathy Portfolio of the Major Companies
- Major Deals in the Diabetic Retinopathy Market
- Major Companies Analysis
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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