Macular Degeneration Treatment Market is expected to reach US$ 15.3 billion by 2031, growing with a CAGR of 6.6% - Novartis AG, Regeneron Pharmaceuticals Inc., Genentech USA, Inc.

The Macular Degeneration Treatment 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 Macular Degeneration Treatment 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 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 focuses on managing age-related deterioration of the retina's central part, leading to vision loss. Therapies include anti-VEGF injections, laser treatment, and supplements. Aging populations drive market demand. Advances in biologics and gene therapy show promise for better outcomes. Early detection is crucial for slowing disease progression.

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

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.

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.

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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 Macular Degeneration Treatment market has been segmented

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

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.

Regional Analysis for Macular Degeneration Treatment 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, Macular Degeneration Treatment market segments, study objectives, and years considered.

⏩ Market Landscape: The competition in the Global Macular Degeneration Treatment 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 Macular Degeneration Treatment 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 Macular Degeneration Treatment 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 Macular Degeneration Treatment market?

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

➠ What are the Macular Degeneration Treatment market opportunities and threats faced by the vendors in the global Macular Degeneration Treatment 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 Macular Degeneration Treatment market?

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

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