Press release
Age-Related Molecular Degeneration Market: Unlocking Insights into Aging, Poised to Surpass US$ 22.19 Million by 2033
The global market for Age-Related Molecular Degeneration is currently valued at US$ 11.28 million in 2023 and is expected to grow at a CAGR of 7%. Because of technological advancements in healthcare, the market is expected to reach US$ 22.19 million by 2033.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.
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.
Ignite Your Path to Success with Unparalleled Efficiency! Unlock Your Sample Today :
https://www.futuremarketinsights.com/reports/sample/rep-gb-16152
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.
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.
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.
Unlock a wealth of knowledge with our methodology insights now:
https://www.futuremarketinsights.com/request-report-methodology/rep-gb-16152
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 to 2022) and forecast statistics for the period of 2023 to 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 to 2033
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
Explore Future Market Insights, Inc. Extensive Coverage in Healthcare Market Domain:
Healthcare Interoperability Solutions Market:
https://www.futuremarketinsights.com/reports/healthcare-interoperability-solutions-market
Healthcare Regulatory Affairs Outsourcing Market:
https://www.futuremarketinsights.com/reports/healthcare-regulatory-affairs-outsourcing-market
Healthcare IT Outsourcing Market:
https://www.futuremarketinsights.com/reports/healthcare-it-outsourcing-market
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
Contact Us:
Nandini Singh Sawlani
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware - 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
Report: https://www.futuremarketinsights.com/reports/age-related-macular-degeneration-market
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 Age-Related Molecular Degeneration Market: Unlocking Insights into Aging, Poised to Surpass US$ 22.19 Million by 2033 here
News-ID: 3199363 • Views: …
More Releases from Future Market Insights

Polygon Mirror Scanner Motor Market Set to Hit USD 88.5 Million by 2035, Powered …
The global polygon mirror scanner motor market is experiencing robust growth, forecasted to rise from USD 55.9 million in 2025 to USD 88.5 million by 2035, which represents a nearly 1.6-fold increase over the assessment period. This remarkable expansion is shaped by the widespread adoption of next-generation scanning technologies and the rapid digital transformation across the printing and office equipment industries. As businesses renew their focus on speed, accuracy, and…

Global p-Hydroxybenzoic Acid Market to Approach USD 400 Million by 2035, Driven …
The global p-Hydroxybenzoic Acid (PHBA) market is entering a new era of growth, expected to rise from USD 213.0 million in 2025 to USD 399.8 million by 2035, showcasing a compound annual growth rate of 6.5%. This surge is underpinned by PHBA's flourishing adoption in polymer synthesis, textile processing, and supporting industries seeking high-performance and sustainable chemical solutions. As organizations shift towards advanced materials with enhanced durability, thermal stability, and…

Sustainable Growth Drives Castor Oil Polyol Market to USD 418.8 Million by 2035 …
The castor oil polyol market is set to reshape the landscape of bio-based chemicals, growing from a value of USD 254.7 million in 2025 to USD 418.8 million by 2035. This represents a robust CAGR of 5.1% over the decade, with expansion driven by surging demand across chemical, automotive, construction, and coatings sectors. The market's early growth, spanning 2021 to 2025, reflects steady adoption as sustainable polyols substitute petroleum-based alternatives,…

Global Fifth Wheel Coupling Market to Hit USD 1.2 Billion by 2035 Driven by Smar …
The global Fifth Wheel Coupling Market continues to evolve as the logistics and transport sectors demand more efficient, safe, and smart towing systems. Valued at USD 547.3 million in 2020 and reaching USD 672.6 million by 2024, the market is projected to expand at a 6.0% CAGR from 2025 to 2035, ultimately achieving a valuation of USD 1,238.6 million.
At the heart of this growth lies the critical role of fifth…
More Releases for Age
Easy Age Calculator Introduces Tree Age Calculator for Nature Insights
Trees are often called the "silent witnesses of history." They stand tall for decades, centuries, and sometimes even thousands of years, quietly recording changes in climate, culture, and environment. Today, Easy Age Calculator, a trusted online hub for age-related tools, has launched its Tree Age Calculator, an innovative digital tool that allows people to estimate the age of trees in a safe, accessible, and accurate way.
This launch reflects the company's…
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,…