Press release
Increasing Cases of Wet AMD to Boost the Age Related Macular Degeneration Market Through Forecast Period -FMI Analyst
Age Related Macular Degeneration Market
The increasing prevalence of AMD and a strong product pipeline are anticipated to be the major drivers for the growth of age-related molecular degeneration market. According to the WHO, around 196 million people were affected by age-related macular degeneration globally in 2020, including over 10.4 million moderate-to-severe vision impairment cases.
Request Sample Report@ https://www.futuremarketinsights.com/reports/sample/rep-gb-16152
Globally, advanced age-related macular degeneration is the primary factor in irreversible blindness and visual impairment. As a result, the market for age-related macular degeneration is anticipated to experience significant growth over the forecast period.
Most severe eye conditions are rising globally, and vision loss is becoming a significant public health issue and increase in the prevalence of the retinal disorder in many developed and developing nations drive market growth. The wet age-related macular degeneration segment is the highest contributor to the market and is expected to grow at a CAGR of 6.9% over the forecast period.
North America dominates the age-related molecular denegation market due to the presence of key market players' presence, along with recent product launches and established healthcare infrastructure, which will accelerate the market's growth in the region.
The significant R&D investments in Europe abode well for market growth. Growing awareness of macular degeneration in Asia-Pacific and the presence of key market players, and the rising elderly population in Japan all point to significant growth in the Japanese market for age-related molecular degeneration.
Gain complete access to the report @ https://www.futuremarketinsights.com/reports/age-related-macular-degeneration-market
Key Takeaways from the Market Study
As of 2023, the age related molecular degeneration market was valued at US$ 11.28 Million
From 2023 to 2033, the age related molecular degeneration industry is poised to grow at an 7% CAGR
By 2033, the age related molecular degeneration market is slated to reach a valuation of US$ 22.19 Million
By distribution Channel, the hospital pharmacy segment accounted for the largest share of 55% and is expected to continue this trend over the forecast period.
China is poised to yield a CAGR of 6.8% with respect to age related molecular degeneration in 2033
"Growing healthcare spending and increase in the prevalence of AMD, retinal disorders are expected to radically transform the age-related molecular degeneration market in the coming years," comments an analyst at FMI.
Request Customization @ https://www.futuremarketinsights.com/customization-available/rep-gb-16152
Competitive Landscape
Hoffmann-La Roche Ltd., Novartis AG, Bayer AG, Pfizer Inc., Bausch Health Companies Inc., Regeneron Pharmaceuticals Inc., Amgen Inc., Biogen, Samsung Bioepis, Ophthotech Corporation are some of the key players in the age related molecular degeneration industry.
The manufacturers are involved in the production of age related molecular degeneration in a larger capacity. Research and innovation are also conducted to launch innovative product for age related molecular degeneration.
In July 2021 - Roche announced that the U.S. Food and Drug Administration (FDA) has accepted the company's Biologics License Application (BLA), under Priority Review, for faricimab for the treatment of neovascular or "wet" age-related macular degeneration (nAMD) and diabetic macular edema (DME). The FDA has also accepted the company's submission for diabetic retinopathy.
In June 2022- Biogen Inc. and Samsung Bioepis Co., Ltd announced that BYOOVIZ™ a biosimilar referencing LUCENTIS® has been launched in the United States. Healthcare provider engagement, promotional activity, collaborations with professional societies and patient advocacy groups have commenced and BYOOVIZ will be commercially available on July 1, 2022, through major distributors across the U.S.
More Valuable Insights Available
FMI, in its new offering, presents an unbiased analysis of the age related molecular degeneration market, presenting historical demand data (2018-2022) and forecast statistics for the period of 2023-2033.
The study divulges essential insights on the age related molecular degeneration market by Product (Eylea, Lucentis, Beovu), By Disease Type (Wet AMD, Dry AMD), By Distribution Channel (Hospital Pharmacy, Specialty Pharmacy, Online Pharmacy) by Region - Global Forecast 2023-2033
Request Discount@ https://www.futuremarketinsights.com/request-discount/rep-gb-16152
FMIs Domain Knowledge in Healthcare
Our Healthcare consulting team guides organizations at each step of their business strategy by helping you understand how the latest influencers account for operational and strategic transformation in the industrial automation sector. Our expertise in recognizing the challenges and trends impacting the global chemical & material industry provides indispensable insights and support - encasing a strategic perspective that helps you identify critical issues and devise appropriate solutions.
Key Segments Covered in the Age-Related Molecular Degeneration Market Industry Survey
Age Related Molecular Degeneration Market by Product Type:
• Eylea
• Lucentis
• Beovu
• Others
Age Related Molecular Degeneration Market by Disease Type:
• Dry AMD
• Wet AMD
Age Related Molecular Degeneration Market by Distribution Channel:
• Hospital Pharmacy
• Specialty Pharmacy
• Online Pharmacy
Contact Us:
Future Market Insights,
Unit No: 1602-006, Jumeirah Bay 2, Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
About FMI:
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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 Increasing Cases of Wet AMD to Boost the Age Related Macular Degeneration Market Through Forecast Period -FMI Analyst here
News-ID: 2863826 • Views: …
More Releases from Future Market Insights
Extruded Snacks Market to Reach USD 170.3 Billion by 2035 Amid Health and Conven …
A new market analysis released today projects the global extruded snacks market to surge from an estimated USD 89.9 billion in 2025 to USD 170.3 billion by 2035, demonstrating a robust Compound Annual Growth Rate (CAGR) of 6.6%. The market is set to deliver an impressive absolute dollar opportunity of USD 80.4 billion over the forecast period, driven by a global consumer shift towards convenient, shelf-stable, and healthier snack options.
The…
Global Banana Flakes Market Soars to USD 876.1 million by 2035, Driven by Health …
A new market analysis reveals the global banana flakes market is set to expand significantly, projecting a robust Compound Annual Growth Rate (CAGR) of 4.6% from 2025 to 2035. The market, valued at USD 559.6 million in 2025, is forecast to reach USD 876.1 million by 2035, fueled by a rising consumer preference for natural, gluten-free, and plant-based ingredients in daily food choices.
This press release offers a detailed look into…
Confectionery Fillings Market Sweetens Global Outlook, Projected to Reach USD 2. …
The global confectionery fillings market is poised for significant growth, with a new market analysis revealing a robust expansion fueled by a surge in consumer demand for innovative flavors and indulgent textures. According to the analysis, the market is estimated at USD 1381.2 million in 2025 and is projected to reach USD 2207.4 million by 2035, exhibiting a healthy compound annual growth rate (CAGR) of 4.8% during the forecast period.
The…
Water Softener Market to Skyrocket to USD 8.7 Billion by 2035, Driven by Smart T …
A new market analysis reveals the global water softener market is poised for significant expansion, with a forecasted value of USD 8.7 billion by 2035. The report, covering the period from 2025 to 2035, projects a robust Compound Annual Growth Rate (CAGR) of 8.3%, up from an estimated USD 3.9 billion valuation in 2025. This surge is fueled by a combination of factors, including increasing consumer awareness of hard water's…
More Releases for Age
Dark Age Defense Survival Guide
Get Dark Age Defense For A Very Special Price >> https://rebrand.ly/2f043b
People should know how to keep themselves and their families safe, especially in times like this where there is a high probability of natural disasters, power blackouts, wars, and other severe conditions.
The Dark Age Defense is a digital survival aid that provides users with detailed information on various topics including how to create electricity and keep your household appliances…
Adult Milk Powder Market Introducing New Industry Dynamics Through Swot Analysis …
LOS ANGELES, UNITED STATES - The report comes out as an intelligent and thorough assessment tool as well as a great resource that will help you to secure a position of strength in the global Adult Milk Powder market. It includes Porter’s Five Forces and PESTLE analysis to equip your business with critical information and comparative data about the Global Adult Milk Powder Market. We have provided deep analysis of…
Tattoo Ink Market Size, By Type (Black & Grey Tattoo Ink, Colour Tattoo Ink), By …
Global demand for tattoo ink market was valued at approximately USD 80 million in 2018 and is expected to generate revenue of around USD 142 million by end of 2025, growing at a CAGR of around 5.7% between 2019 and 2025.
A recent market research report added to repository of Credible Markets is an in-depth analysis of Global Tattoo Ink Market. On the basis of historic growth analysis and current…
Age Discrimination
Age Discrimination looks at how both young and old can be penalised by prejudice against their age group. This comprehensive new book is essential to practitioners responsible for HR issues, finance, operations, service delivery, quality and customer relations, and for those with a policy focus or academic interest in diversity issues.
Gower is recognised as one of the world's leading publishers of specialist business and management books and resources. Our publishing…
Victorian Age Meets Digital Age
The digital age is entering the elegant Victorian age Eurocentres school building. In some classrooms interactive whiteboards have been installed and are now being intensively used with language students from all over the world.
The interactive whiteboards have been helping classes become much more exciting and closer to real life. This user-friendly technology enables students to better engage with and discuss up-to-date news or life-style features, enjoy playful grammar exercises,…
PerTOOLS Enter The Video Age
Today in London, PerTOOLS, the provider of Time Series Analysis and Data Extractor tools launched their new website complete with Video Demonstrations of all their products. The PerTOOLS approach has always been to help clients understand PerTOOLS products and that is the reason why PerTOOLS offer free trials - to allow people to experience the tools with no commitment. The addition of Video Demonstrations to the PerTOOLS website will go…
