Press release
Diabetic Macular Edema Market Growing at a Rapid Pace: Key Research and Players - Novartis AG, Regeneron Pharmaceuticals, Inc., Genentech, Inc.
Diabetic Macular Edema Market || 2024-2031
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What is the projected growth rate (CAGR) of the Global Diabetic Macular Edema market from 2024 to 2031, and what is the market value expected to change by 2031?
The Global Diabetic Macular Edema Market reached US$ 3.27 billion in 2023 and is expected to reach US$ 4.55 billion by 2031 growing with a CAGR of 4.2% during the forecast period 2024-2031.
What is Diabetic Macular Edema Market?
Diabetic Macular Edema (DME) is an eye condition that occurs in people with diabetes and is a leading cause of vision loss. It develops when high blood sugar levels damage the blood vessels in the retina, causing them to leak fluid into the macula, the part of the retina responsible for sharp, central vision. This fluid buildup causes the macula to swell, leading to blurred or distorted vision. If left untreated, DME can result in permanent vision impairment or blindness. Treatment options include laser therapy, anti-VEGF injections, and corticosteroids to reduce swelling and prevent further damage.
Who are the major players in the Diabetic Macular Edema market?
The companies are primarily focusing on strategies such as new product launches to penetrate the fastest-growing emerging markets across the world. The prominent players in Diabetic Macular Edema market research report are:
Novartis AG, Regeneron Pharmaceuticals, Inc., Genentech, Inc., Eluminex Biosciences, Biocon, Formycon AG, Lupin, Bayer AG, Santen Pharmaceutical Co., Ltd., and F. Hoffmann-La Roche Ltd.
Key Development
In March 2024, Formycon AG and MS Pharma announced that their biosimilar FYB201, marketed as Ravegza, received marketing authorization from the Saudi Food & Drug Authority. Ravegza, a biosimilar of Lucentis (Ranibizumab), is approved in Saudi Arabia for the treatment of age-related neovascular (wet) macular degeneration (nAMD) and other serious eye conditions, including diabetic retinopathies.
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Regions Covered:
The global Diabetic Macular Edema Market report focuses on six major regions: North America, South America, Europe, Asia Pacific, the Middle East, and Africa.
☞ North America - US, Canada, Mexico
☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe
☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific
☞ South America- Brazil, Argentina, Rest of South America
☞ Middle East and Africa
Market Segments
By Type: Serotonin-Receptor Antagonists, Anticholinergics, Glucocorticoids, Dopamine Receptor Antagonists, Neurokinin Receptor Antagonists, Others
By Treatment: Anti-Vascular Endothelial Growth Factor (VEGF) Medications, Corticosteroid Therapies, Laser Photocoagulation, Others
By Form: Intravitreal Injections, Intravitreal Implants
By End-User: Hospitals, Specialty Clinics, Home Care, Others
The Diabetic Macular Edema industry is experiencing rapid growth, driven by advancements in medical technologies, increased demand for innovative therapies, and a rising focus on patient-centered care. As these sectors evolve, the need for comprehensive market analysis becomes crucial to understand trends, regulatory changes, and emerging opportunities.
Key Features
➥ Leverage epidemiology insights to tailor precision diagnostics and address region-specific needs.
➥ Meet critical unmet needs in complex conditions with advanced, precise Diabetic Macular Edema industry solutions for better diagnostics and outcomes.
➥ Stay ahead with real-time pipeline analysis, revealing the latest Diabetic Macular Edema innovations and market trends.
➥ Optimize your offerings with competitive pricing analysis, balancing cost-effectiveness and cutting-edge tech.
➥ Protect your innovation with expert patent analysis, ensuring strategic positioning in the Diabetic Macular Edema market.
➥ Gain an edge with comprehensive competitive intelligence, guiding informed decisions in Diabetic Macular Edema
➥ Maximize market presence with brand share analysis, strengthening your position in the Diabetic Macular Edema landscape.
➥ Accurately predict market demand for Diabetic Macular Edema with precise drug sales forecasting insights.
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FAQs
What does the Diabetic Macular Edema market report provide?
The report provides a detailed analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Active, Innovators, Start-ups, and Cutting Edge) that are anticipated to influence its future growth trajectory.
What is the scope of the market report?
The market report covers regional analysis and provides detailed insights into the Diabetic Macular Edema market including market size, segmentation, and key players.
Contact Us -
Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com
About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
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