Press release
Ranibizumab Market Trends, Top Companies, Share, Growth And Forecast 2033
Ranibizumab Market
As per the report, the ranibizumab market size has grown steadily in recent years. It will grow from $2.55 billion in 2023 to $2.66 billion in 2024 at a compound annual growth rate (CAGR) of 4.3%. The ranibizumab market size is expected to see steady growth in the next few years. It will grow to $3.16 billion in 2028 at a compound annual growth rate (CAGR) of 4.4%.
Download Free Sample Report @ https://www.thebusinessresearchcompany.com/sample.aspx?id=16172&type=smp
Global Rise In Eye Diseases Drives Growth Of Ranibizumab Market
The increasing prevalence of eye diseases is expected to propel the growth of the ranibizumab market going forward. Eye diseases encompass a range of conditions affecting the eyes, potentially impairing vision and eye health. The rising prevalence of eye diseases is due to factors such as aging populations and lifestyle changes, along with an increase in chronic conditions like diabetes. Ranibizumab is used to treat conditions such as age-related macular degeneration and diabetic retinopathy, helping to reduce vision impairment in the context of the increasing prevalence of eye diseases. For instance, in February 2021, according to the International Agency for the Prevention of Blindness (IAPB), a UK-based alliance focused on eliminating avoidable blindness and promoting eye health, a 55% increase in vision loss was projected by 2050. The number of individuals affected by vision loss is expected to rise from 1,106 million in 2020 to 1,758 million in 2050. Therefore, the increasing prevalence of eye diseases will drive the growth of the ranibizumab market.
Embracing Cost-Effective Therapies With Biosimilars Of Ranibizumab For Retinal Disorders
Major companies operating in the ranibizumab market are focusing on cost-effective therapies, such as biosimilars of ranibizumab, to treat and prevent vision loss in patients with retinal disorders. A biosimilar of ranibizumab is a biologic medication that is highly similar to the original ranibizumab but is marketed under a different brand name, offering a more affordable alternative while maintaining comparable efficacy and safety profiles. For instance, in April 2024, Formycon AG, a Germany-based biotechnology company, and Bioeq AG, a Switzerland-based biopharmaceutical company, announced the commercial release of FYB201, a biosimilar to Lucentis (Ranibizumab), in Canada and Switzerland. This launch follows the marketing authorization granted by Health Canada under the brand name Ranopto and Swissmedic under the brand name Ranivisio. FYB201 offers a new, high-quality, effective, and affordable treatment option for patients suffering from severe retinal diseases. It has already demonstrated its significance as a cost-effective treatment choice for patients in the USA and various parts of Europe.
The ranibizumab market covered in this report is segmented -
1) By Product: Single Use Prefilled Syringe, Single Use Glass Vial
2) By Application: Wet Age Related Macular Degeneration (AMD), Diabetic Retinopathy (DR), Diabetic Macular Edema (DME), Myopic Choroidal Neovascularization (MCNV), Retinal Vein Occlusion (RVO)
3) By Distribution Channel: Hospital Pharmacies, Online Pharmacies, Other Distribution Channels
Buy Now & Get Exclusive Discount on this Report, Checkout link @
https://www.thebusinessresearchcompany.com/Discount?id=16172&type=discount
Major companies operating in the ranibizumab market are F. Hoffmann-La Roche AG, Bayer AG, Novartis AG, Teva Pharmaceutical Industries Ltd, Regeneron Pharmaceuticals Inc., Biogen Inc, Sun Pharmaceutical Industries Ltd., Stada Arzneimittel AG, Genentech Inc., Dr Reddy's Laboratories Ltd, Cipla Limited, Samsung Biologics Co Ltd, Lupin Limited, Biocon Limited, Celltrion Healthcare Co Ltd, Glenmark Pharmaceuticals Limited, Enzene Biosciences Ltd, Coherus BioSciences Inc, Amman Pharmaceutical Industries , Formycon AG, Intas Pharmaceuticals Ltd, Alvotech, Xbrane Biopharma AB
Contents of the report:
1. Executive Summary
2. Ranibizumab Market Report Structure
3. Ranibizumab Market Trends And Strategies
4. Ranibizumab Market - Macro Economic Scenario
5. Ranibizumab Market Size And Growth
…..
27. Ranibizumab Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Explore the report store to make a direct purchase of the report @ https://www.thebusinessresearchcompany.com/report/ranibizumab-global-market-report
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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 Ranibizumab Market Trends, Top Companies, Share, Growth And Forecast 2033 here
News-ID: 3585999 • Views: …
More Releases from The Business research company
Technological Advancements With App Based Subscription Programs Industry Trends …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Car Washing Service Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
In recent years, the car washing service market size has been expanding at a consistent rate. It is projected that from $30.1 billion in 2024, it will surge to $30.75 billion in 2025, with…
Major Growth Driver Identified in 2025 Well Intervention Market: Rising Energy D …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Well Intervention Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The size of the well intervention market has seen consistent growth over the past few years. The market, which will increase from $9.39 billion in 2024 to $9.84 billion in 2025 at a compound annual…
Growing E-Commerce Sector Fuels Demand For Telephone Call Centers: Critical Driv …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Telephone Call Centers Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market for telephone call centers has seen a slight rise in recent years. The market value is predicted to increase from $136.61 billion in 2024 to $138.62 billion in 2025, maintaining a compound…
Private Household Services Market Expansion Continues, with Forecast Valuation o …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Private Household Services Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
There has been a significant expansion in the private household services market size in the past few years. This market will see an escalation from $321.58 billion in 2024 to $351.99 billion in 2025,…
More Releases for Ranibizumab
2025-2034 Ranibizumab Market Roadmap: Insights for Competitive Advantage
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
How Large Will the Ranibizumab Market Size By 2025?
The market for ranibizumab has experienced steady expansion in the past few years, with projections stating it will increase from $2.66 billion in 2024 to $2.76 billion in 2025, indicating a compound annual growth rate (CAGR) of 3.6%. The growth…
Top Factor Driving Ranibizumab Market Growth in 2025: Global Rise In Eye Disease …
Which drivers are expected to have the greatest impact on the over the ranibizumab market's growth?
The increasing prevalence of eye diseases is expected to propel the growth of the ranibizumab market. Eye diseases can impair vision and are rising due to aging populations, lifestyle changes, and the increase in chronic conditions like diabetes. Ranibizumab is used to treat eye diseases such as age-related macular degeneration and diabetic retinopathy. For instance,…
Ranibizumab Market Size and Forecast
𝐔𝐒𝐀, 𝐍𝐞𝐰 𝐉𝐞𝐫𝐬𝐞𝐲- The global Ranibizumab Market is expected to record a CAGR of XX.X% from 2024 to 2031 In 2024, the market size is projected to reach a valuation of USD XX.X Billion. By 2031 the valuation is anticipated to reach USD XX.X Billion.
Duloxetine Market Size And Scope
The global duloxetine market is growing at a steady pace, driven by its widespread use in treating various medical conditions such as…
Ranibizumab Market Research 2024 - Outlook, Overview And Forecast To 2033
"The Business Research Company recently released a comprehensive report on the Global Ranibizumab Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.
Ready to Dive into Something Exciting? Get Your Free Exclusive Sample of…
Ranibizumab Market Top Companies Growth Analysis and Evolutionary Trends by 2032
This report segments the Ranibizumab Market comprehensively. The regional market sizes, concerning products by type, by application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
Ranibizumab Market Size was estimated at 8.41 (USD Billion) in 2023. The Ranibizumab Market Industry…
Ranibizumab Market Growth, Trends, Forecast and COVID-19 Impacts (2022 - 2029)
The Ranibizumab Market Report 2022 report provides the latest industry data and future industry trends. The report lists leading competitors and manufacturers in the Ranibizumab industry and provides strategic industry insights and analysis of factors influencing the competitiveness of the market. The geographical scope of the Ranibizumab market is studied. The forecast market information, SWOT analysis, market scenario, and feasibility study are the vital aspects analyzed in this report.
Looking forward, Market Intelligence…
