Geographic Atrophy Market: Rapid Growth and Key Research Insights-Apellis Pharmaceuticals, Inc. (US), Iveric Bio (US), Alkeus Pharmaceuticals, Inc. (US).

The Geographic Atrophy Market report by DataM Intelligence provides insights into the latest trends and developments in the market. This report identifies the key growth opportunities in the market and provides recommendations for market participants to capitalize on these opportunities. Overall, the Geographic Atrophy market report is an essential resource for market participants who are looking to gain a comprehensive understanding of the market and identify opportunities for growth.

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The Global Geographic Atrophy (GA) Market reached US$ 18.5 billion in 2022 and is expected to reach US$ 35.1 billion by 2031, growing with a CAGR of 7.2% during the forecast period 2024-2031.

The Geographic Atrophy (GA) Market focuses on treatments for GA, an advanced form of age-related macular degeneration (AMD) leading to vision loss. It includes emerging therapies like complement inhibitors, gene therapy, and retinal implants. Driven by an aging population, rising awareness, and innovative research, the market aims to address a critical unmet need in ophthalmology.

Competitive Landscape

The section also contains information related to the new product launches, mergers, acquisitions, collaborations, etc., to give a clear understanding about the competitive landscape prevailing in the global market. With an emphasis on strategies there have been several primary developments done by major companies such as Apellis Pharmaceuticals, Inc. (US), Iveric Bio (US), Alkeus Pharmaceuticals, Inc. (US), Allegro Ophthalmics, LLC (US), Stealth BioTherapeutics (Cayman Islands), Gyroscope Therapeutics Limited (UK), Regenerative Patch Technologies, LLC (US), Hoffmann-La Roche AG (Switzerland), Genentech, Inc. (US), and NGM Biopharmaceuticals Inc. (US) among others.

Key Developments:

In February 2023, IVERIC bio, Inc. announced that the FDA has completed its review of the New Drug Application (NDA) for avacincaptad pegol (ACP), an innovative complement C5 inhibitor currently being evaluated as a treatment for geographic atrophy (GA) associated with age-related macular degeneration (AMD). This marks a significant step forward in the development of new therapies for this progressive eye condition.

In October 2022, NGM Biopharmaceuticals, Inc. shared promising topline efficacy and safety results from its CATALINA Phase 2 trial. This randomized, double-masked, sham-controlled study evaluated NGM621 in patients with GA secondary to AMD, highlighting the ongoing advancements in addressing this unmet medical need.

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Market Segments

The detailed segmentation offered in the report will help customers get a clear idea about the market segments and the factors that will drive segmental growth. The Geographic Atrophy market has been segmented

By Treatment Type: Medication (Pegcetacoplan), AREDS2 Supplements, Implantable Miniature Telescope (IMT).

By Age Group: Above 60 Years, Above 75 Years.

By End Users: Hospitals, Specialty Clinics, Others.

Research Process

Both primary and secondary data sources have been used in the global Geographic Atrophy 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.

Regional Analysis for Geographic Atrophy Market:

⇥ 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)

**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**

This Report Covers:

✔ Go-to-market Strategy.

✔ Neutral perspective on the market performance.

✔Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, and other significant analysis, as well as development status.

✔Customized regional/country reports as per request and country level analysis.

✔ Potential & niche segments and regions exhibiting promising growth covered.

✔ 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 (Innovators, Start-ups, Laggard, and Pioneer).

Chapter Outline

⏩ Market Overview: It contains five chapters, as well as information about the research scope, major manufacturers covered, market segments, Geographic Atrophy market segments, study objectives, and years considered.

⏩ Market Landscape: The competition in the Global Geographic Atrophy Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.

⏩ Companies Profiles: The global Geographic Atrophy market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.

⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.

⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the Geographic Atrophy Market.

⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.

⏩ Research Findings: This section of the report showcases the findings and analysis of the report.

⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.

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Frequently asked questions:

➠ What is the global sales value, production value, consumption value, import and export of Geographic Atrophy market?

➠ Who are the global key manufacturers of the Geographic Atrophy Industry? How is their operating situation (capacity, production, sales, price, cost, gross, and revenue)?

➠ What are the Geographic Atrophy market opportunities and threats faced by the vendors in the global Geographic Atrophy Industry?

➠ Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application?

➠ What focused approach and constraints are holding the Geographic Atrophy market?

➠ What are the different sales, marketing, and distribution channels in the global industry?

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