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Age-related Macular Degeneration Market worth $18.16 billion by 2030, growing at a CAGR of 7.18% - Exclusive Report by 360iResearch
Age-related Macular Degeneration Market | 360iResearch
The Global Age-related Macular Degeneration Market to grow from USD 11.17 billion in 2023 to USD 18.16 billion by 2030, at a CAGR of 7.18%.
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Age-related Macular Degeneration (AMD) is a medical condition that is characterized by the deterioration of the macula, a small central area of the retina responsible for sharp, central vision. Primarily afflicting older adults, AMD is considered as a leading factor in vision impairment in this demographic, and presents predominantly in two types: the more common 'dry' form, which is gradual in progression, and the less frequent 'wet' form that could swiftly lead to vision loss without timely intervention. Growth is primarily driven by an aging global population, advancements in medical treatments, such as anti-VEGF therapies, and the growing awareness of AMD as a treatable condition. However, challenges include the high cost of current treatments, which can limit access for patients in lower income brackets and the need for frequent and long-term treatment, which can be burdensome for patients and care providers. Furthermore, the development of new treatment options for the dry form of the disease, expansion of personalized medicine approaches and the integration of artificial intelligence for early detection and treatment optimization offers significant expansion prospects. Moreover, the increasing focus on preventive healthcare and lifestyle modifications presents opportunities for companies to contribute to risk reduction and patient education initiatives.
Market Segmentation & Coverage:
This research report categorizes the Age-related Macular Degeneration Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Type, market is studied across Dry Age-Related Macular Degeneration and Wet Age-Related Macular Degeneration. The Dry Age-Related Macular Degeneration is projected to witness significant market share during forecast period.
Based on Treatment Type, market is studied across Drugs and Laser Treatment. The Drugs is projected to witness significant market share during forecast period.
Based on Distribution Channel, market is studied across Hospital Pharmacies, Online Pharmacies, and Retail Pharmacies. The Retail Pharmacies is projected to witness significant market share during forecast period.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Asia-Pacific is projected to witness significant market share during forecast period.
FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Age-related Macular Degeneration Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Age-related Macular Degeneration Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Age-related Macular Degeneration Market, highlighting leading vendors and their innovative profiles. These include Alcon Vision LLC, Alkahest, Inc., Alkeus Pharmaceuticals, Inc., Allegro Ophthalmics, LLC, Amgen Inc., Annexon, Inc., Apellis Pharmaceuticals, Inc., Bayer AG, Biogen Inc., Carl Zeiss AG, Clearside Biomedical, Inc., Coherus Biosciences, Inc., Graybug Vision, Inc., Gyroscope Therapeutics Limited by Novartis AG, Heidelberg Engineering GmbH, Ionis Pharmaceuticals, Inc., Janssen Pharmaceuticals, Inc., Kodiak Sciences Inc., Merck & Co., Inc., Nicox SA, Regeneron Pharmaceuticals Inc., Santen Pharmaceutical Co., Ltd., Sun Pharmaceutical Industries, Inc., Teva Pharmaceutical Industries Ltd., and Viatris Inc..
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Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Age-related Macular Degeneration Market, by Type
7. Age-related Macular Degeneration Market, by Treatment Type
8. Age-related Macular Degeneration Market, by Distribution Channel
9. Americas Age-related Macular Degeneration Market
10. Asia-Pacific Age-related Macular Degeneration Market
11. Europe, Middle East & Africa Age-related Macular Degeneration Market
12. Competitive Landscape
13. Competitive Portfolio
14. Appendix
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Age-related Macular Degeneration Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Age-related Macular Degeneration Market?
3. What is the competitive strategic window for opportunities in the Age-related Macular Degeneration Market?
4. What are the technology trends and regulatory frameworks in the Age-related Macular Degeneration Market?
5. What is the market share of the leading vendors in the Age-related Macular Degeneration Market?
6. What modes and strategic moves are considered suitable for entering the Age-related Macular Degeneration Market?
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About 360iResearch
360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.
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Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.
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