Press release
Macular Degeneration Treatment Market Is Expected To Reach $15.3 Billion By 2031 - Novartis AG, Regeneron Pharmaceuticals Inc., Genentech USA, Inc., REGENXBIO Inc.
The Macular Degeneration Treatment Market study by DataM Intelligence offer an in-depth analysis of the market, presenting insightful observations, statistics, historical data, and industry-validated market insights. The report delves into the competitive positioning of key companies, examining factors such as product offerings, pricing strategies, financial health, product portfolios, growth initiatives, and geographical reach.Download a Free sample PDF (Use Corporate email ID to Get Higher Priority) at: - https://datamintelligence.com/download-sample/macular-degeneration-treatment-market
What is the projected growth rate (CAGR) of the Global Macular Degeneration Treatment market from 2024 to 2031, and what is the market value expected to change by 2031?
The Global Macular Degeneration Treatment Market reached USD 9.3 billion in 2022 and is projected to witness lucrative growth by reaching up to USD 15.3 billion by 2031. The global macular degeneration treatment market is expected to exhibit a CAGR of 6.6% during the forecast period (2024-2031)
Macular degeneration treatment refers to medical interventions aimed at managing age-related macular degeneration (AMD), a condition that causes vision loss in the central part of the retina, known as the macula. While there is no cure for AMD, treatments focus on slowing disease progression, preserving vision, and improving quality of life. Options include anti-VEGF (vascular endothelial growth factor) injections to reduce abnormal blood vessel growth, laser therapy, and photodynamic therapy. In cases of dry AMD, vitamin and mineral supplements may help slow progression. Low vision aids and lifestyle modifications, such as a healthy diet and regular eye exams, are also important components of care.
Key Developments:
❁ On April 21, 2023, Janssen Pharmaceutical Companies of Johnson & Johnson announced that five of its company-sponsored presentations would be featured at the Association for Research in Vision and Ophthalmology (ARVO) 2023 Annual Meeting in New Orleans, held from April 23-27, 2023. Janssen's presentations will include updates from the Phase 1/2 MGT009 trial of the investigational gene therapy botaretigene sparoparvovec (bota-vec, formerly AAV-RPGR) for patients with X-linked retinitis pigmentosa (XLRP), an inherited retinal disease associated with the RPGR gene. Additionally, pooled safety data from two Phase 1 trials of JNJ-81201887, an investigational gene therapy, will be presented. These trials include one in patients with geographic atrophy (GA), a severe form of age-related macular degeneration (AMD), and another in patients with wet AMD.
❁ On February 27, 2023, EyePoint Pharmaceuticals, Inc., dedicated to developing therapies for serious eye disorders, and Rallybio Corporation, a clinical-stage biotechnology company focused on developing therapies for severe and rare diseases, announced a research collaboration. The partnership aims to assess the sustained delivery of Rallybio's complement component 5 (C5) inhibitor using EyePoint's proprietary Durasert technology for intraocular drug delivery.
List of the Key Players in the Macular Degeneration Treatment Market:
Novartis AG, Regeneron Pharmaceuticals Inc., Genentech USA, Inc., REGENXBIO Inc., Bausch Health Companies Inc., F Hoffmann-La Roche Ltd, Santen Pharmaceutical Co., Ltd., GNH Pharmaceuticals USA LLC, Iveric Bio Inc., and Allergan, Inc
Research Process:
Both primary and secondary data sources have been used in the global Macular Degeneration Treatment Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
Segment Covered in the Macular Degeneration Treatment Market:
By Type: Wet Macular Degeneration, Dry Macular Degeneration
By Treatment: Drugs, Therapy, Surgery, Others
By End-User: Hospitals, Ambulatory Surgical Centers, Ophthalmic Clinics, Others
By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies
Regional Breakout:
The global Macular Degeneration Treatment Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.
✫ North America (U.S., Canada, Mexico)
✫ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
✫ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
✫ South America (Colombia, Brazil, Argentina, Rest of South America)
✫ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
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This Report Unveils:
✔ Go to Market Strategy- A roadmap to successfully product launch or service in the target market.
✔ Gain a clear picture of the market's health and growth trajectory through neutral analysis.
✔ Deep Market Insights delve into development trends, competitor landscape, supply and demand dynamics, brand share & pricing analysis year-over-year growth patterns, and key players' performance.
✔ Upon request, we can provide customized reports focusing on specific regions or countries, offering a granular view of their markets.
✔ Identify high-potential niche segments and regions poised for significant expansion.
✔ Analysis of Market Size (historical and forecast) Total Addressable Market (TAM), Serviceable Available Market (SAM), and Serviceable Obtainable Market (SOM) to understand the market's overall size and your achievable market share.
✔ Gain a comprehensive understanding of the competitive landscape, including market share distribution, key players (innovators, startups, laggards, and pioneers), and their respective strengths and weaknesses.
**The full version of the report includes an in-depth analysis of emerging players and startups, which will provide valuable insights into the evolving market landscape and key strategies being adopted**
Chapter Outline:
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: key insights, key emerging trends, etc.
Chapter 3: Manufacturers competitive analysis, detailed analysis of Macular Degeneration Treatment manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 5 & 6: Revenue of Macular Degeneration Treatment in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 7: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the Macular Degeneration Treatment market in different market segments.
Chapter 8: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the Macular Degeneration Treatment market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: The main points and conclusions of the report.
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Frequently Asked Questions
☞ What is the expected growth rate of the global Macular Degeneration Treatment market for the forecast period?
☞ What are the key driving factors that are responsible to shape the fate of the Macular Degeneration Treatment market during the forecast period?
☞ What will be the overall size of the market during the analysis period?
☞ What are the prominent market trends which influence the development of the Macular Degeneration Treatment market across various regions?
☞ Who are the key market players and the market strategies that have helped them to secure the leading position in the global market?
☞ What are the challenges and threats that are likely to act as a barrier to the growth of the Macular Degeneration Treatment market?
☞ What are the major opportunities that the companies can get to attain success in the world?
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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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