Press release
Retinal Disorders Treatment Market Size Estimated to Reach USD 19 billion, Rising at a CAGR of 7% by 2030
Retinal Disorders Treatment market is estimated to attain a valuation of US$ 19 Bn by the end of 2030, states a study by Transparency Market Research (TMR). Besides, the report notes that the market is prognosticated to expand at a CAGR of 7% during the forecast period, 2020-2030
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The significant players operating in the global Retinal Disorders Treatment market are
Allergan plc, Bayer AG, F. Hoffmann-La Roche Ltd., Graybug Vision, Inc., Kubota Pharmaceutical Holdings Co., Ltd., Novartis AG, Pfizer, Inc., Regeneron Pharmaceuticals, Inc., Santen Pharmaceutical Co., Ltd., and Takeda Pharmaceutical Company Limited
Key Trends in the Retinal Disorders Treatment Market:
Rise of Biopharmaceutical Therapies: Biopharmaceutical therapies, including anti-vascular endothelial growth factor (anti-VEGF) agents, corticosteroids, and immunomodulatory drugs, have emerged as cornerstone treatments for retinal disorders such as AMD, diabetic retinopathy, and macular edema. These therapies target specific molecular pathways involved in retinal disease pathogenesis, offering targeted and personalized treatment options with favorable efficacy and safety profiles.
Adoption of Minimally Invasive Surgical Techniques: Minimally invasive surgical techniques, such as vitrectomy, scleral buckling, and pneumatic retinopexy, have gained popularity in the management of retinal disorders requiring surgical intervention. These techniques offer advantages such as smaller incisions, reduced intraoperative trauma, faster recovery times, and improved postoperative outcomes compared to traditional surgical approaches. Minimally invasive procedures contribute to enhanced patient comfort, shorter hospital stays, and better visual rehabilitation following retinal surgery.
Advancements in Retinal Imaging and Diagnostics: Technological advancements in retinal imaging modalities, including optical coherence tomography (OCT), fundus photography, fluorescein angiography, and autofluorescence imaging, enable accurate diagnosis, disease monitoring, and treatment planning in retinal disorders. High-resolution imaging techniques provide detailed visualization of retinal anatomy, pathology, and vascular perfusion, facilitating early detection of disease progression and optimization of therapeutic interventions.
Personalized Medicine and Precision Therapy: The advent of personalized medicine and precision therapy approaches is reshaping the landscape of retinal disorders treatment. Genetic testing, molecular profiling, and biomarker analysis enable clinicians to identify patient-specific genetic variants, molecular subtypes, and disease biomarkers, guiding treatment selection and prognosis prediction. Precision medicine strategies aim to optimize treatment efficacy, minimize adverse effects, and tailor therapy regimens to individual patient needs in retinal disease management.
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Market Drivers:
Aging Population and Prevalence of Age-related Macular Degeneration: The aging population demographic trend, particularly in developed countries, contributes to the increasing prevalence of age-related macular degeneration (AMD), the leading cause of vision loss in older adults. The growing incidence of AMD drives market demand for pharmacological therapies, intraocular injections, and surgical interventions aimed at preventing disease progression, preserving visual function, and improving patient outcomes.
Rising Diabetes Epidemic and Diabetic Retinopathy Burden: The global diabetes epidemic and the associated increase in diabetic retinopathy cases underscore the importance of early detection and timely treatment to prevent vision loss and blindness. Diabetic retinopathy affects a significant proportion of diabetic patients, necessitating regular eye screenings, laser photocoagulation, intravitreal injections, and vitrectomy surgery to manage disease complications and maintain ocular health.
Technological Innovation and Treatment Advancements: Ongoing technological innovation and treatment advancements drive market growth and expansion in the retinal disorders treatment market. Novel therapeutic modalities, gene therapies, retinal prostheses, and regenerative medicine approaches offer promising avenues for treating previously untreatable retinal diseases and restoring vision in patients with irreversible vision loss. Advanced diagnostic tools and imaging platforms enable early disease detection, personalized treatment planning, and monitoring of therapeutic response, enhancing clinical outcomes and patient care.
Increasing Healthcare Expenditure and Patient Awareness: Rising healthcare expenditure, coupled with growing patient awareness about retinal disorders and treatment options, stimulates market demand for innovative therapies and medical interventions. Patients are increasingly proactive in seeking specialized eye care, undergoing routine screenings, and exploring advanced treatment modalities to preserve vision and improve quality of life. Healthcare providers respond by expanding access to specialized retinal care services, investing in state-of-the-art equipment, and adopting evidence-based practices to meet patient needs effectively.
Market Segmentation -
Indication
Macular Degeneration
Diabetic Retinopathy
Diabetic Macular Edema
Others
Therapeutic Class
Anti-VEGF Agents
Others
Dosage Form
Gels
Eye Solutions
Capsules & Tablets
Eye Drops
Ointments
Distribution Channel
Hospital Pharmacies
Retail Pharmacies
Online Sales
This Report lets you identify the opportunities in Retinal Disorders Treatment Market by means of a region:
North America (the United States, Canada, and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, and Southeast Asia (Indonesia, Thailand, Philippines, Malaysia, and Vietnam))
South America (Brazil etc.) The Middle East and Africa (North Africa and GCC Countries)
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Key Features of the Retinal Disorders Treatment Market Report: -
➤ Analyze competitive developments such as expansions, deployments, new product launches, and market acquisitions.
➤ Examine the market opportunities for stakeholders by identifying higher growth sections.
➤ To study and analyze the global Retinal Disorders Treatment industry status and forecast including key regions.
➤ An in-depth analysis of key product segments and application spectrum, providing strategic recommendations to incumbents and new entrants to give them a competitive advantage over others.
➤ It provides a comprehensive analysis of key regions of the industry as well as a SWOT analysis and Porter's Five Forces analysis to provide a deeper understanding of the market.
➤ It helps you make strategic business decisions and investment plans.
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About Us Transparency Market Research
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.
Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.
𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nikhil Sawlani
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
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