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Age-related Macular Degeneration Market Size is Set for Rapid Growth as Innovative Treatments and Rising Awareness Drive Demand by 2034

10-22-2024 06:09 PM CET | Health & Medicine

Press release from: DelveInsight Business Research LLP

Age-related Macular Degeneration Market

Age-related Macular Degeneration Market

The Age-related Macular Degeneration market size is expected to increase during the forecast period with the increasing prevalence, disease awareness, and promising emerging treatment options by leading companies such as Unity Biotechnology, Inc, PanOptica, Inc., Clearside Biomedical, Alexion Pharmaceuticals, AstraZeneca, Regeneron Pharmaceuticals, Novartis, Roche, Opthea Limited, Kodiak Sciences Inc., REGENXBIO, Alkahest Inc, Graybug Vision, Ribomic USA Inc, Outlook Therapeutics, Inc., Evergreen Therapeutics, Alkeus Pharmaceuticals, Stealth BioTherapeutics, CellCure Neurosciences, Regenerative Patch Technologies, Allegro Ophthalmics, Annexon Biosciences, NGM Biopharmaceuticals, Ionis Pharmaceuticals, Apellis Pharmaceuticals, Iveric Bio, Gyroscope Therapeutics, Luxa Biotechnology, Gemini Therapeutics

[Nevada, United States] - DelveInsight's "Age-related Macular Degeneration Market Insights, Epidemiology, and Market Forecast 2034." report offers a detailed examination of Age-related Macular Degeneration, covering historical and predicted epidemiology, market trends, and treatment scenarios in the United States, EU4 (Germany, Spain, Italy, France), the United Kingdom, and Japan.

To Know in detail about the Age-related Macular Degeneration Market outlook, drug uptake, treatment scenario and epidemiology trends, Click here; https://www.delveinsight.com/sample-request/age-related-macular-degeneration-amd-market?utm_source=openpr&utm_medium=pressrelease&utm_campaign=rkpr

Key Findings from the Age-related Macular Degeneration Market Report:
• The Age-related Macular Degeneration market size is poised for significant growth, with an anticipated Compound Annual Growth Rate (CAGR) during the study period (2020-2034).
• In October, 2024: Hoffmann-La Roche announced that results of their Phase I/IIa Dose Escalation Safety and Efficacy Study of Human Embryonic Stem Cell-Derived Retinal Pigment Epithelium Cells Transplanted Subretinal in Patients With Advanced Dry-Form Age-Related Macular Degeneration (Geographic Atrophy)
• In October, 2024: Novartis Pharmaceuticals announced a 64-week, Two-arm, Randomized, Double-masked, Multicenter, Phase IIIb Study Assessing the Efficacy and Safety of Brolucizumab 6 mg Compared to Aflibercept 2 mg in a Treat-to-control Regimen in Patients With Neovascular Age Related Macular Degeneration (TALON)
• In October, 2024: Genentech, Inc. announced a Phase IV, Multicenter, Open-Label Study to Assess Corneal Endothelial Cells in Patients With Neovascular Age-Related Macular Degeneration Treated With the Port Delivery System With Ranibizumab (PDS)
• In October, 2024: Janssen Research & Development, LLC announced a Long-term Extension Study for Participants With Geographic Atrophy (GA) Secondary to Age-related Macular Degeneration (AMD) in JNJ-81201887 Parent Clinical Studies
• In October, 2024: AbbVie announced that their randomized, partially masked, controlled, Phase 3 clinical study will evaluate the efficacy and safety of ABBV-RGX-314 gene therapy in participants with nAMD. The study will evaluate 2 dose levels of RGX-314 gene therapy relative to an active comparator. The primary endpoint of this study is mean change in best-corrected visual acuity (BCVA) of ABBV-RGX-314 relative to aflibercept. Approximately 660 participants who meet the inclusion/exclusion criteria, will be enrolled into one of 3 arms.
• As per our estimation, in 2021, the Age-related Macular Degeneration Market Size was approximately USD 1,377 million, and of Wet AMD was approximately USD 8,463 million which is further expected to increase by 2034.
• The Age-related Macular Degeneration market size in seven major markets is segregated into two part, Dry-AMD, and Wet-AMD. As per our analysis and estimation, in 2021, the Age-related Macular Degeneration market size was approximately USD 9,840 million which is further expected to increase by 2034.
• In the 7MM, the analysis of type-specific cases of AMD revealed that there were approximately 3,880,752 and 34,926,768 cases of Wet-AMD and Dry-AMD, respectively in the year 2021. These cases are expected to increase by multiple folds by 2034.
• Key Age-related Macular Degeneration Companies are as follows: Unity Biotechnology, Inc, PanOptica, Inc., Clearside Biomedical, Alexion Pharmaceuticals, AstraZeneca, Regeneron Pharmaceuticals, Novartis, Roche, Opthea Limited, Kodiak Sciences Inc., REGENXBIO, Alkahest Inc, Graybug Vision, Ribomic USA Inc, Outlook Therapeutics, Inc., Evergreen Therapeutics, Alkeus Pharmaceuticals, Stealth BioTherapeutics, CellCure Neurosciences, Regenerative Patch Technologies, Allegro Ophthalmics, Annexon Biosciences, NGM Biopharmaceuticals, Ionis Pharmaceuticals, Apellis Pharmaceuticals, Iveric Bio, Gyroscope Therapeutics, Luxa Biotechnology, Gemini Therapeutics
• Key Age-related Macular Degeneration Therapies are as follow: Eylea (aflibercept), Beovu (brolucizumab), Lucentis (ranibizumab), OPT-302, KSI-301, RGX-314, Danicopan (ALXN2040), EG-301, JNJ-81201887, ABBV-RGX-314, Ranibizumab: Genentech, Aflibercept, pegaptanib sodium
• Launching multiple stage Age-related Macular Degeneration pipeline products is expected to revolutionize market dynamics, further propelling market growth.

Dive into our detailed Age-related Macular Degeneration market research report to uncover actionable insights, industry forecasts, and competitive analysis @ https://www.delveinsight.com/report-store/age-related-macular-degeneration-amd-market?utm_source=openpr&utm_medium=pressrelease&utm_campaign=rkpr

Age-related Macular Degeneration Overview:
Age-related Macular Degeneration (AMD) is the leading cause of blindness in elderly patients in developed communities. It is an eye disease of elderly individuals that causes a progressive loss of the central vision needed to drive, read, recognize faces, and see the world in color. AMD's progression leads to loss of central vision, leaving many patients unable to read, write, or recognize both color and detail, thus compromising the quality of life.

Age-related Macular Degeneration Epidemiology Segmentation:
The Age-related Macular Degeneration market report proffers epidemiological analysis for the study period 2020-2034 in the 7MM segmented into:
• Age-related Macular Degeneration Total Diagnosed Prevalent Cases
• Age-related Macular Degeneration Type-specific Diagnosed Cases
• Age-related Macular Degeneration Total Age-specific Cases
• Age-related Macular Degeneration Total Geographic Atrophy Cases

For more information about Age-related Macular Degeneration companies working in the treatment market, visit https://www.delveinsight.com/sample-request/age-related-macular-degeneration-amd-market?utm_source=openpr&utm_medium=pressrelease&utm_campaign=rkpr

Age-related Macular Degeneration Market Insights
Age-related Macular Degeneration (AMD) is a chronic, progressive eye disorder and one of the leading causes of vision loss in adults over the age of 50, especially in developed countries. It primarily affects the macula, the central part of the retina responsible for clear central vision, and manifests in two main forms:

Age-related Macular Degeneration Drugs Uptake
• Ranibizumab (Lucentis): One of the pioneering anti-VEGF agents, it helps control abnormal blood vessel growth and leakage by blocking VEGF. Typically administered via monthly intravitreal injections.
• Aflibercept (Eylea): Another major anti-VEGF drug, offering less frequent dosing compared to Lucentis. It also binds to other growth factors in addition to VEGF, potentially offering broader efficacy.
• Bevacizumab (Avastin): While primarily a cancer drug, Avastin is widely used off-label for wet AMD due to its lower cost compared to Lucentis and Eylea, despite requiring more frequent dosing.
• Faricimab (Vabysmo): Approved in 2022, this drug targets both VEGF and angiopoietin-2, offering a potential advancement in efficacy and durability over current anti-VEGF treatments.

Age-related Macular Degeneration Emerging Therapies
• Pegcetacoplan (Syfovre): The first treatment approved for geographic atrophy (an advanced form of dry AMD), targeting C3, a component of the complement pathway, which is implicated in the disease's progression.
• Gene Therapy: Companies like Gyroscope Therapeutics and Adverum Biotechnologies are developing gene therapies aimed at reducing the need for frequent injections and potentially providing long-lasting efficacy in both dry and wet AMD.

Dive into our comprehensive market research report to discover in-depth insights, emerging trends, and strategic opportunities @ https://www.delveinsight.com/sample-request/age-related-macular-degeneration-amd-market?utm_source=openpr&utm_medium=pressrelease&utm_campaign=rkpr

Age-related Macular Degeneration Therapies and Key Companies:
• Eylea (aflibercept): Regeneron Pharmaceuticals
• Beovu (brolucizumab): Novartis
• Lucentis (ranibizumab): Roche
• OPT-302: Opthea Limited
• KSI-301: Kodiak Sciences Inc.
• RGX-314: Regenxbio
• Danicopan (ALXN2040): Alexion Pharmaceuticals and AstraZeneca
• EG-301: Evergreen Therapeutics
• JNJ-81201887: Janssen Research & Development, LLC
• ABBV-RGX-314: AbbVie
• Ranibizumab: Genentech, Inc.
• Aflibercept: Bayer
• pegaptanib sodium: Pfizer

Age-related Macular Degeneration Epidemiology:
Age-related macular degeneration (AMD) is one of the leading causes of vision loss globally, particularly among older adults. The prevalence of AMD is strongly linked to age, with incidence rates rising significantly in individuals over 50.
• AMD affects approximately 196 million people worldwide as of 2020, and this number is expected to rise to 288 million by 2040 due to the aging global population.
• It is the leading cause of irreversible blindness in developed countries, particularly in populations aged 50 years and older.
• In Europe, AMD accounts for 8.7% of all blindness cases, and its prevalence is expected to increase due to demographic shifts towards older populations.

Seize Market Opportunities with Our Expert Analysis! Our report delivers valuable insights into market dynamics, key players, and emerging trends @ https://www.delveinsight.com/sample-request/age-related-macular-degeneration-amd-market?utm_source=openpr&utm_medium=pressrelease&utm_campaign=rkpr

Age-related Macular Degeneration Market Drivers:
• Growing Aging Population
• Advancements in Anti-VEGF Therapies
• Pipeline Expansion for Dry AMD
• Rising Healthcare Expenditure and Awareness

Age-related Macular Degeneration Market Barriers:
• High Treatment Costs
• Frequent Injections and Patient Compliance
• Limited Treatment Options for Dry AMD
• Adverse Events and Safety Concerns

Stay Ahead in a Competitive Landscape with Our Exhaustive Market Research Report-Dive Into Detailed Analysis, Key Trends, and Future Projections @ https://www.delveinsight.com/sample-request/age-related-macular-degeneration-amd-market?utm_source=openpr&utm_medium=pressrelease&utm_campaign=rkpr

Scope of the Age-related Macular Degeneration Market Report:
• Study Period: 2020-2034
• Coverage: 7MM (The United States, EU5, and Japan)
• Key Age-related Macular Degeneration Companies: Unity Biotechnology, Inc, PanOptica, Inc., Clearside Biomedical, Alexion Pharmaceuticals, AstraZeneca, Regeneron Pharmaceuticals, Novartis, Roche, Opthea Limited, Kodiak Sciences Inc., REGENXBIO, Alkahest Inc, Graybug Vision, Ribomic USA Inc, Outlook Therapeutics, Inc., Evergreen Therapeutics, Alkeus Pharmaceuticals, Stealth BioTherapeutics, CellCure Neurosciences, Regenerative Patch Technologies, Allegro Ophthalmics, Annexon Biosciences, NGM Biopharmaceuticals, Ionis Pharmaceuticals, Apellis Pharmaceuticals, Iveric Bio, Gyroscope Therapeutics, Luxa Biotechnology, Gemini Therapeutics
• Key Age-related Macular Degeneration Therapies: Eylea (aflibercept), Beovu (brolucizumab), Lucentis (ranibizumab), OPT-302, KSI-301, RGX-314, Danicopan (ALXN2040), EG-301, JNJ-81201887, ABBV-RGX-314, Ranibizumab: Genentech, Aflibercept, pegaptanib sodium
• Age-related Macular Degeneration Therapeutic Assessment: Current marketed and emerging therapies
• Age-related Macular Degeneration Market Dynamics: Age-related Macular Degeneration Market drivers and Age-related Macular Degeneration barriers
• Competitive Intelligence Analysis: SWOT analysis, PESTLE analysis, Porter's five forces, BCG Matrix, Market entry strategies
• Age-related Macular Degeneration Unmet Needs: Insights into unmet needs, KOL's views, Analyst's views, Market Access, and Reimbursement.

To access the full report and gain a deeper understanding of Age-related Macular Degeneration market outlook, drug uptake, treatment scenario, and epidemiology trends, https://www.delveinsight.com/sample-request/age-related-macular-degeneration-amd-market?utm_source=openpr&utm_medium=pressrelease&utm_campaign=rkpr

Table of Content:

1. Key Insights
2. Report Introduction
3. Wet AMD Market Overview at a Glance
4. Dry AMD Market Overview at a Glance
5. Wet AMD Market: Future Perspective
6. Executive Summary
7. Key Events
8. Disease Background and Overview
9. Epidemiology and Patient Population
10. Age-related Macular Degeneration Patient Journey
11. Marketed Age-related Macular Degeneration Drugs
12. Emerging Drugs of Wet AMD
13. Emerging Drugs of Dry AMD
14. Age-related Macular Degeneration Market Analysis: Seven Major Markets
15. Key Opinion Leaders' Views
16. Age-related Macular Degeneration Market Drivers
17. Age-related Macular Degeneration Market Barriers
18. SWOT Analysis
19. Age-related Macular Degeneration Market Access and Reimbursement
20. Unmet Needs
21. Appendix
22. DelveInsight Capabilities
23. Disclaimer
24. About DelveInsight

About DelveInsight:
DelveInsight is a leading market research firm providing insightful solutions and services to pharmaceutical and life sciences companies. With a commitment to delivering accurate and comprehensive reports, DelveInsight empowers businesses to make informed decisions and navigate the complexities of the healthcare industry.

Contact Information:
Company Name: DelveInsight Business Research LLP
Contact Person: Ram Kapoor
Email: info@delveinsight.com
Contact No.: +91-9650213330
City: 304 S. Jones Blvd #2432, Las Vegas
State: Nevada (89107)
Country: United States
Website: https://www.delveinsight.com/consulting

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