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Global Diabetic Retinopathy Market Overview Covering Forecast Market Size And Growth Rate | Pfizer Inc., F-Hoffmann-La Roche Ltd., AbbVie Inc., Bayer AG, Novartis AG, Ellex Medical Lasers Ltd
Diabetic Retinopathy Global Market Report
The Business Research Company's Diabetic Retinopathy Global Market Report 2023 identifies the rising prevalence of diabetes is expected to propel the growth of the diabetic retinopathy market going forward. Diabetes refers to a long-term metabolic disease that causes high blood glucose levels. The rise in the prevalence of diabetes is mainly driven by overweight, obesity, genetics, and physical inactivity, whereas patients with diabetes have too much sugar in their blood, which can damage the retina, which is part of the eye that detects light and sends signals to your brain through a nerve in the back of eye.
The global diabetic retinopathy market is expected to grow from $7.25 billion in 2022 to $7.89 billion in 2023 at a compound annual growth rate (CAGR) of 8.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. 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 diabetic retinopathy market is expected to reach $10.57 billion in 2027 at a CAGR of 7.6%.
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Major players in the diabetic retinopathy market are Pfizer Inc., F-Hoffmann-La Roche Ltd., AbbVie Inc., Bayer AG, Novartis AG, Ellex Medical Lasers Ltd., Abbott Laboratories Inc., Regeneron Pharmaceuticals Inc., Bausch Health Companies Inc., Icon Bioscience Inc., Allergan plc., Genentech Inc., Aurobindo Pharma, Santen Pharmaceutical Co. Ltd., Carl Zeiss Meditec AG, Valeant Pharmaceuticals International Inc., Lumenis Ltd., Optos Plc., Quantel Medical SAS, NIDEK Co. Ltd., IRIDEX Corporation, Alimera Science Inc., Kowa Company Ltd., Ocular Therapeutix Inc., Aerpio Pharmaceuticals Inc., Kodiak Sciences Inc., Sirnaomics Inc., Oxurion NV, Graybug Vision Inc., and Ampio Pharmaceuticals Inc.
A key trend in the Diabetic Retinopathy market includes the Technological advancements are a key trend gaining popularity in the diabetic retinopathy market. Major companies operating in the large volume parenteral market are adopting new technologies to sustain their position in the market.
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The Diabetic Retinopathy market is segmented -
1) By Type: Proliferative Diabetic Retinopathy, Non-Proliferative Diabetic Retinopathy
2) By Treatment: Anti-VEGF Drugs, Intraocular Steroid Injection, Laser Photocoagulation, Vitreoretinal Surgery
3) By End-User: Hospitals, Ambulatory Surgical 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 Diabetic Retinopathy market.
The Business Research Company's "Global Diabetic Retinopathy 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 Diabetic Retinopathy Market Include:
1. Executive Summary
2. Diabetic Retinopathy Market Characteristics
3. Diabetic Retinopathy Market Trends And Strategies
4. Diabetic Retinopathy Market - Macro Economic Scenario
5. Diabetic Retinopathy Market Size And Growth
……
27. Diabetic Retinopathy Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Diabetic Retinopathy Market
29. Diabetic Retinopathy Market Future Outlook and Potential Analysis
30. Appendix
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