Press release
Macular Degeneration Treatment Market: Key Trends and Innovations Driving Growth
Macular Degeneration Treatment Market Size
The global macular degeneration treatment market is anticipated to expand from USD 16.79 billion in 2025 to USD 25.25 billion by 2030, exhibiting a Compound Annual Growth Rate (CAGR) of 8.51%, according to a recent report by Mordor Intelligence. This growth is primarily attributed to the increasing prevalence of retinal disorders, an aging global population, and significant advancements in treatment options.
Macular degeneration, particularly age-related macular degeneration (AMD), is a leading cause of vision loss among individuals aged 50 and older. The condition deteriorates the central portion of the retina, known as the macula, impairing central vision necessary for activities like reading and driving. As the global population ages, the incidence of AMD is expected to rise, thereby increasing the demand for effective treatment options.
Report Overview: https://www.mordorintelligence.com/industry-reports/macular-degeneration-treatment-market
Key Trends
Rising Prevalence of Retinal Disorders: The global burden of retinal diseases, including AMD and diabetic retinopathy, is escalating. A study published in the JAMA Network Journal in January 2024 projected that AMD would affect approximately 288 million individuals worldwide by 2040. Similarly, the prevalence of diabetic retinopathy is expected to reach 161 million by 2045. This increasing incidence underscores the urgent need for effective treatments.
Advancements in Treatment Modalities: Significant progress in therapeutic approaches, particularly in anti-vascular endothelial growth factor (anti-VEGF) therapies, has improved patient outcomes. For instance, in September 2024, Kyowa Kirin initiated a Phase-2 clinical trial to evaluate KHK4951, an experimental eye drop formulation of tivozanib, for wet AMD. Such innovations are expanding the arsenal of treatment options available to clinicians.
Increased Research and Development Investments: Pharmaceutical companies are investing heavily in R&D to develop novel therapies for macular degeneration. Collaborations, such as the partnership between Oculogenex and Forge Biologics in January 2023 to advance gene therapy programs for dry AMD, highlight the industry's commitment to addressing unmet medical needs.
Market Segmentation
The macular degeneration treatment market is segmented based on type, stage of disease, treatment type, route of administration, sales channel, and geography.
By Type:
Dry Age-related Macular Degeneration: Characterized by the thinning of the macula, leading to gradual vision loss.
Wet Age-related Macular Degeneration: Involves abnormal blood vessel growth under the retina, causing rapid vision deterioration.
By Stage of Disease:
Early-stage AMD: Presence of medium-sized drusen without significant vision loss.
Intermediate AMD: Larger drusen and possible pigment changes in the retina.
Late-stage AMD: Significant vision loss due to damage to the macula.
By Treatment Type:
Drugs: Includes anti-VEGF injections and other pharmacological agents.
Devices: Such as implantable miniature telescopes for advanced cases.
Surgery: Laser therapies and other surgical interventions.
By Route of Administration:
Intravenous Route: Systemic delivery of therapeutic agents.
Intravitreal Route: Direct injection into the vitreous humor of the eye.
By Sales Channel:
Ambulatory Surgical Centers: Facilities specializing in ocular surgeries.
Hospitals: Primary centers for diagnosis and treatment.
Other Sales Channels: Includes clinics and specialized eye care centers.
By Geography:
North America: Largest market share due to advanced healthcare infrastructure and high awareness levels.
Europe: Significant market presence with increasing adoption of novel therapies.
Asia-Pacific: Fastest-growing market, driven by a large aging population and improving healthcare facilities.
Middle East & Africa: Gradual market growth with rising healthcare investments.
South America: Emerging market with increasing focus on ophthalmic healthcare.
Get a Customized Report Tailored to Your Requirements - https://www.mordorintelligence.com/market-analysis/disease-specific-drugs
Key Players
Prominent players in the macular degeneration treatment market include:
Novartis AG: Offers treatments like Beovu (brolucizumab) for wet AMD.
Bausch Health Companies Inc.: Provides various ophthalmic products addressing retinal disorders.
REGENXBIO Inc.: Focuses on gene therapy approaches for retinal diseases.
F. Hoffmann-La Roche Ltd: Develops innovative therapies, including Vabysmo (faricimab) for retinal conditions.
Regeneron Pharmaceuticals Inc.: Known for Eylea (aflibercept), a leading anti-VEGF therapy for wet AMD.
These companies are actively engaged in research, product development, and strategic collaborations to enhance their market positions and address the growing demand for effective macular degeneration treatments.
Conclusion
The global macular degeneration treatment market is poised for substantial growth, driven by the increasing prevalence of retinal disorders, advancements in therapeutic options, and significant investments in research and development. As the aging population continues to expand, the demand for effective and innovative treatments for macular degeneration is expected to rise, presenting lucrative opportunities for market players to develop and introduce novel therapies.
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To know more visit this link: https://www.mordorintelligence.com/industry-reports/hepatitis-therapeutics-market
For any inquiries or to access the full report, please contact:
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https://www.mordorintelligence.com/
About Mordor Intelligence:
Mordor Intelligence is a trusted partner for businesses seeking comprehensive and actionable market intelligence. Our global reach, expert team, and tailored solutions empower organizations and individuals to make informed decisions, navigate complex markets, and achieve their strategic goals.
With a team of over 550 domain experts and on-ground specialists spanning 150+ countries, Mordor Intelligence possesses a unique understanding of the global business landscape. This expertise translates into comprehensive syndicated and custom research reports covering a wide spectrum of industries, including aerospace & defense, agriculture, animal nutrition and wellness, automation, automotive, chemicals & materials, consumer goods & services, electronics, energy & power, financial services, food & beverages, healthcare, hospitality & tourism, information & communications technology, investment opportunities, and logistics.
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