Press release
Age Related Macular Degeneration Market Growth Surge: Key Players and Market Insights - Bayer, Novartis, Roche.
Age Related Macular Degeneration Market
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Global Age-Related Macular Degeneration market to grow at a CAGR Of 6.90% during the forecast period 2024-2031.
Age-related macular degeneration (AMD) is a progressive eye condition that primarily affects the macula, the central part of the retina responsible for sharp vision. It typically occurs in individuals over the age of 50 and can lead to vision loss, impacting the ability to perform daily activities such as reading and driving. AMD is categorized into two forms: dry AMD, which involves the thinning of the macula, and wet AMD, characterized by the growth of abnormal blood vessels beneath the retina. Risk factors include age, genetics, smoking, and exposure to sunlight. Early detection and treatment are essential to managing AMD and preserving vision.
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
Bayer, Novartis, Roche, Bausch & Lomb, Allergan, Iconic Therapeutics, Neurotech Pharmaceuticals, Regeneron Pharmaceuticals Inc., Alcon, Santen Pharmaceutical.
Key Developments:
❁ In June 2021, Mosaic Biosciences and Ocular Therapeutix announced a research collaboration aimed at developing a novel drug for the treatment of dry age-related macular degeneration (AMD). This partnership leverages Mosaic's expertise in drug formulation and delivery systems alongside Ocular Therapeutix's innovative therapeutic platforms. The collaboration focuses on addressing the unmet medical needs of patients suffering from dry AMD, which is characterized by the gradual loss of vision due to the deterioration of the macula. By combining their resources and knowledge, the companies aim to expedite the development of effective treatments that could improve outcomes for individuals affected by this prevalent eye condition.
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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 Age Related Macular Degeneration market has been segmented
By Drug Type: Lucentis, Eylea, Avastin, and others.
By Disease Type: Dry AMD, Wet AMD.
By Treatment Type: Injecting Anti-vascular endothelial growth factor, photodynamic therapy, laser surgery, antibiotic drops, and others.
Research Process
Both primary and secondary data sources have been used in the global Age Related Macular Degeneration 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 Age Related Macular Degeneration 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, Age Related Macular Degeneration market segments, study objectives, and years considered.
⏩ Market Landscape: The competition in the Global Age Related Macular Degeneration 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 Age Related Macular Degeneration 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 Age Related Macular Degeneration 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 Age Related Macular Degeneration market?
➠ Who are the global key manufacturers of the Age Related Macular Degeneration Industry? How is their operating situation (capacity, production, sales, price, cost, gross, and revenue)?
➠ What are the Age Related Macular Degeneration market opportunities and threats faced by the vendors in the global Age Related Macular Degeneration 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 Age Related Macular Degeneration market?
➠ What are the different sales, marketing, and distribution channels in the global industry?
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Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
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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.
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