Vascular Endothelial Growth Factor (VEGF) Inhibitor Market Report Covers Detailed Industry Scope, Future Scenario, And Outlook To 2032

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company's Vascular Endothelial Growth Factor (VEGF) Global Market Report 2023 identifies growing prevalence of cancer and macular degeneration diseases as the major driver for the Vascular Endothelial Growth Factor (VEGF) market's growth in the forecast period.

The global vascular endothelial growth factor (vegf) inhibitor market grew from $8.27 billion in 2022 to $8.96 billion in 2023 at a compound annual growth rate (CAGR) of 8.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The vascular endothelial growth factor (vegf) inhibitor market is expected to grow from $12.11 billion in 2027 at a CAGR of 7.8%.

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Major competitors in the Vascular Endothelial Growth Factor (VEGF) market are Pfizer, Amgen, Roche, Xbrane Biopharma AB, Genentech Inc., AstraZeneca PLC., Bayer AG, Eli Lilly and Company and Allergan PLC.

Key players operating in the industry are undergoing various collaborations and partnerships to expand their product portfolio by developing new products. For instance, in May 2020, AbbVie, a US-based biopharmaceutical company acquired Allergan, Inc., a US-based pharmaceutical company focused on eye care. This acquisition establishes a biopharma firm with leadership roles in vital therapeutic areas such as hematologic oncology, immunology, Allergan Aesthetics, and neuroscience. Furthermore, in January 2020, Exonate, a biotechnology company, collaborated with Janssen Pharmaceuticals, a subsidiary of Johnson & Johnson for the development of a new eye drop for the treatment of retinal vascular diseases. Exonerate developed small molecules that inhibit the production of pro-angiogenic vascular endothelial growth factor (VEGF) through the selective inhibition of serine/threonine-protein kinase (SRPK1)-mediated VEGF splicing.

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The Vascular Endothelial Growth Factor (VEGF) market is segmented -
1) By Drugs Type: Avastin, Tecentriq, Cometriq, Eylea, Other Drug Types
2) By Route Of Administration: Oral, Intravenous
3) By Application: Oncology, Ophthalmology, Other Applications

• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Vascular Endothelial Growth Factor (VEGF) market.

The Business Research Company's "Global Vascular Endothelial Growth Factor (VEGF) Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.

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The Table Of Content For The Vascular Endothelial Growth Factor (VEGF) Market Include:
1. Executive Summary
2. Vascular Endothelial Growth Factor (VEGF) Inhibitor Market Characteristics
3. Vascular Endothelial Growth Factor (VEGF) Inhibitor Market Trends And Strategies
4. Vascular Endothelial Growth Factor (VEGF) Inhibitor Market - Macro Economic Scenario
5. Vascular Endothelial Growth Factor (VEGF) Inhibitor Market Size And Growth
……
28. Vascular Endothelial Growth Factor (VEGF) Inhibitor Pipeline Analysis
29. Key Mergers And Acquisitions In The Vascular Endothelial Growth Factor (VEGF) Inhibitor Market
30. Vascular Endothelial Growth Factor (VEGF) Inhibitor Market Future Outlook and Potential Analysis
31. Appendix

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