Press release
Retinal Vein Occlusion Market Size is Expected to Reach US$ 32.5 Billion and Growing at 7.3% CAGR by 2031
According to the report, the global retinal vein occlusion market was valued at US$ 15.6 Bn in 2020 and is Expected to Reach US$ 32.5 Billion at a CAGR of 7.3% from 2021 to 2031. Retinal vein occlusion is the blockage of the retinal vein due to blood clot. Retinal vein occlusion is the second most common cause of visual impairment globally. A blood clot causes a blockage in the vein, which starts draining blood from retina, resulting in swelling and bleeding, affecting the vision of the person. Rise in prevalence of eye diseases globally, increase in the geriatric population, surge in awareness about eye disorders, improved healthcare infrastructure, technological advancements, and upcoming novel treatments are the major drivers of the global retinal vein occlusion market.North America held major share of the global retinal vein occlusion market in 2020 due to improved healthcare infrastructure, rise in prevalence of eye diseases, advanced technology, and increase in the geriatric population. The retinal vein occlusion market in Asia Pacific is likely to expand at a high CAGR of 9.7% from 2021 to 2031. Increase in incidence of eye diseases in Asia Pacific, especially in China, Singapore, Indonesia, and other countries in Southeast Asia, and rise in healthcare expenditure are expected to fuel the growth of the market in Asia Pacific from 2021 to 2031.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐ฐ๐ข๐ญ๐ก ๐๐ซ๐๐ฉ๐ก๐ฌ & ๐๐ข๐ฌ๐ญ ๐จ๐ ๐ ๐ข๐ ๐ฎ๐ซ๐๐ฌ ๐๐ญ (๐๐ฌ๐ ๐๐จ๐ซ๐ฉ๐จ๐ซ๐๐ญ๐ ๐๐๐ข๐ฅ ๐๐ ๐๐จ๐ซ ๐๐ฎ๐ข๐๐ค ๐๐๐ฌ๐ฉ๐จ๐ง๐ฌ๐) - https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=60489
๐๐๐ง๐ญ๐ซ๐๐ฅ ๐๐๐ญ๐ข๐ง๐๐ฅ ๐๐๐ข๐ง ๐๐๐๐ฅ๐ฎ๐ฌ๐ข๐จ๐ง ๐๐๐ ๐ฆ๐๐ง๐ญ ๐๐จ๐ฆ๐ข๐ง๐๐ญ๐๐ ๐๐ฅ๐จ๐๐๐ฅ ๐๐๐ซ๐ค๐๐ญ
In terms of type, the global retinal vein occlusion market has been bifurcated into central retinal vein occlusion and branch retinal vein occlusion. The central retinal vein occlusion segment dominated the global retinal vein occlusion market in 2020, and the trend is projected to continue during the forecast period.
๐๐ง๐ญ๐ข-๐๐๐๐ ๐๐ซ๐ฎ๐ ๐ฌ ๐๐๐ฅ๐ ๐๐๐ฃ๐จ๐ซ ๐๐ก๐๐ซ๐ ๐จ๐ ๐๐ฅ๐จ๐๐๐ฅ ๐๐๐ซ๐ค๐๐ญ
Based on treatment type, the global retinal vein occlusion market has been classified into anti-VEGF drugs, corticosteroid drugs, pan-retinal photocoagulation therapy, and laser therapy. The anti-VEGF drugs segment held major share of the global retinal vein occlusion market in 2020. Rise in prevalence and incidence of diabetes drives the segment.
๐๐จ๐ซ๐ญ๐ก ๐๐ฆ๐๐ซ๐ข๐๐ ๐ญ๐จ ๐๐จ๐ฆ๐ข๐ง๐๐ญ๐ ๐๐ฅ๐จ๐๐๐ฅ ๐๐๐ซ๐ค๐๐ญ; ๐๐ฌ๐ข๐ ๐๐๐๐ข๐๐ข๐ ๐ญ๐จ ๐๐๐๐๐ซ ๐๐ข๐ ๐ง๐ข๐๐ข๐๐๐ง๐ญ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ
In terms of region, the global retinal vein occlusion market has been segmented into North America, Europe, Latin America, Asia Pacific, and Middle East & Africa. North America is anticipated to account for leading share of the global retinal vein occlusion market during the forecast period. The retinal vein occlusion market in Asia Pacific is projected to grow at a rapid pace in the near future. India and China are likely to be lucrative markets for retinal vein occlusion treatment during the forecast period.
๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ญ๐ซ๐๐ญ๐๐ ๐ข๐๐ฌ ๐จ๐ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ
Key players operating in the global retinal vein occlusion market are Alimera Sciences, Allergan (AbbVie, Inc.), Annexin Pharmaceuticals AB (publ), Bayer AG, Carl Zeiss AG, F. Hoffmann-La Roche Ltd., Iridex Corporation, Lumenis, Nidek Co., Ltd., Novartis AG, Regeneron Pharmaceuticals, Inc., and Topcon Corporation. The global retinal vein occlusion market is semi-consolidated with the presence of international and local players.
๐๐ซ๐จ๐ฐ ๐ฒ๐จ๐ฎ๐ซ ๐ฉ๐ซ๐จ๐๐ข๐ญ ๐ฆ๐๐ซ๐ ๐ข๐ง ๐ฐ๐ข๐ญ๐ก ๐๐ซ๐๐ง๐ฌ๐ฉ๐๐ซ๐๐ง๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก - ๐๐ฎ๐ฒ ๐ญ๐ก๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ! https://www.transparencymarketresearch.com/checkout.php?rep_id=60489<ype=S
๐๐ฅ๐จ๐๐๐ฅ ๐๐๐ญ๐ข๐ง๐๐ฅ ๐๐๐ข๐ง ๐๐๐๐ฅ๐ฎ๐ฌ๐ข๐จ๐ง ๐๐๐ซ๐ค๐๐ญ: ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง
๐๐๐ญ๐ข๐ง๐๐ฅ ๐๐๐ข๐ง ๐๐๐๐ฅ๐ฎ๐ฌ๐ข๐จ๐ง ๐๐๐ซ๐ค๐๐ญ, ๐๐ฒ ๐๐ฒ๐ฉ๐
Central Retinal Vein Occlusion
Branch Retinal Vein Occlusion
๐๐๐ญ๐ข๐ง๐๐ฅ ๐๐๐ข๐ง ๐๐๐๐ฅ๐ฎ๐ฌ๐ข๐จ๐ง ๐๐๐ซ๐ค๐๐ญ, ๐๐ฒ ๐๐ซ๐๐๐ญ๐ฆ๐๐ง๐ญ ๐๐ฒ๐ฉ๐
Anti-VEGF Drugs
Corticosteroid Drugs
Pan-retinal Photocoagulation Therapy
Laser Therapy
๐๐จ๐ซ๐ ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐ซ๐๐ง๐ฌ๐ฉ๐๐ซ๐๐ง๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก -
๐๐ฎ๐ซ๐ ๐ข๐๐๐ฅ ๐๐จ๐๐จ๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ - https://www.prnewswire.com/news-releases/surgical-robots-market-to-exceed-us-25-bn-by-2031-rapid-adoption-of-medical-robotic-systems-in-minimally-invasive-surgeries-to-propel-revenue-growth-tmr-study-301564735.html
๐๐๐ฎ๐ซ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ - https://www.globenewswire.com/news-release/2022/04/05/2416932/0/en/Taurine-Market-to-Expand-at-CAGR-of-7-9-During-Forecast-Period-Observes-TMR-Study.html
๐๐๐จ๐ฎ๐ญ ๐๐ฌ ๐๐ซ๐๐ง๐ฌ๐ฉ๐๐ซ๐๐ง๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.
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๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ฌ
Nikhil Sawlani
Transparency Market Research Inc.
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