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Anti-Vascular Endothelial Growth Factor Therapeutics Market 2023-2032: Global Trends, Future Scope, Industry Demand And Major Players | F. Hoffmann-La Roche AG, Biogen Inc., Pfizer Inc., Coherus BioSciences Inc
Anti-Vascular Endothelial Growth Factor Therapeutics Market
The Business Research Company's Anti-Vascular Endothelial Growth Factor Therapeutics Global Market Report 2023 identifies increase in the prevalence of ophthalmic diseases as the major driver for the Anti-Vascular Endothelial Growth Factor Therapeutics Market's growth in the forecast period. The prevalence of ophthalmic diseases refers to the number or proportion of individuals within a given population who have been diagnosed with or exhibit specific eye conditions or diseases. Anti-vascular endothelial growth factor (VEGF) therapeutics help reduce the prevalence of ophthalmic diseases by effectively treating ailments such as wet age-related macular degeneration (AMD), diabetic retinopathy, and retinal vein occlusion.
The global anti-vascular endothelial growth factor therapeutics market size is expected to grow from $12.01 billion in 2022 to $12.18 billion in 2023 at a compound annual growth rate (CAGR) of 1.4%. 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 global anti-vascular endothelial growth factor therapeutics market size is expected to reach $12.8 billion in 2027 at a CAGR of 1.2%.
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Major competitors in the Anti-Vascular Endothelial Growth Factor Therapeutics Market are F. Hoffmann-La Roche AG, Biogen Inc., Pfizer Inc., Coherus BioSciences Inc., Applied Molecular Genetics Inc., Eli Lilly, Bausch Health Companies Inc., Viatris Inc., Xbrane Biopharma AB, Bayer AG, Regeneron Pharmaceuticals Inc., Genentech Inc, Allergan Inc., and Novartis AG.
A key trend in the Anti-Vascular Endothelial Growth Factor Therapeutics Market includes Advancements in therapeutics. Companies operating in the anti-vascular endothelial growth factor therapeutics market are adopting advanced therapeutics to sustain their position in the market. For instance, in May 2022, Ashvattha Therapeutics Inc, a US-based clinical-stage biopharmaceutical company, released phase 1 safety data for healthy subjects for subcutaneous anti-VEGF wet AMD (age-related macular degeneration) and DME (diabetic macular edema) candidates. D-4517.2 therapy is a first-in-class therapy developed to address the unmet needs of DME conditions. D-4517.2 therapy is being developed for self-administration using an autoinjector. The autoinjector D-4517.2 enable patients to self-administer the medication once a month in the comfort of their home.
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The Anti-Vascular Endothelial Growth Factor Therapeutics Market is segmented -
By Product: Eylea, Lucentis, Beovu
By Disease: Macular Edema, Diabetic Retinopathy, Retinal Vein Occlusion, Age-related Macular Degeneration
By End Users: Hospitals, Clinics, Oncology Centers, Other End Users
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Anti-Vascular Endothelial Growth Factor Therapeutics Market.
The Business Research Company's "Global Anti-Vascular Endothelial Growth Factor Therapeutics 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 Anti-Vascular Endothelial Growth Factor Therapeutics Market Include:
1. Executive Summary
2. Anti-Vascular Endothelial Growth Factor Therapeutics Market Characteristics
3. Anti-Vascular Endothelial Growth Factor Therapeutics Market Trends And Strategies
4. Anti-Vascular Endothelial Growth Factor Therapeutics Market - Macro Economic Scenario
5. Anti-Vascular Endothelial Growth Factor Therapeutics Market Size And Growth
……
26. Africa Anti-Vascular Endothelial Growth Factor Therapeutics Market
27. Anti-Vascular Endothelial Growth Factor Therapeutics Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Anti-Vascular Endothelial Growth Factor Therapeutics Market
29. Anti-Vascular Endothelial Growth Factor Therapeutics Market Future Outlook and Potential Analysis
30. Appendix
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