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Surge in the Global Age-Related Macular Degeneration Market: Comprehensive Insights into Market Size, Leading Players, Drivers, and Future Trends
Age-Related Macular Degeneration Market Size
What Is The Projected Market Size Of The Global Age-Related Macular Degeneration Market And Its Growth Rate?
• The market size has impressively grown from $9.96 billion in 2024 to $10.7 billion in 2025, marking a CAGR of 7.5%.
• The historic growth is chiefly attributed to the aging population demographics, changing lifestyles and environmental factors, genetic predisposition, and increased awareness of the condition.
• Looking forward, the market is projected to reach a whopping $14.38 billion by 2029 with a CAGR of 7.7%.
• Drivers in the forecast period include advancing research in genetics and biomarkers, emerging therapeutic modalities, increased utilization of telemedicine, and intensified patient advocacy and education.
What Is Driving The Growth In The Age-Related Macular Degeneration Market?
The surge in the prevalence of age-related macular degeneration (AMD), a progressive eye condition, is the primary force propelling the market growth. Treatments for AMD provide significant relief for patients with retinal disorders by reducing the severity of their conditions. Take the example of a UK-based laser eye treatment specialist, Optimaxa, which reported that AMD affected 196 million individuals globally in February 2023, this is expected to reach 288 million in 2040, accounting for 8.7% of the world's population. Such a rise in AMD prevalence globally is indeed driving the market upwards.
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Who Are the Key Players Driving Age-Related Macular Degeneration Market Growth?
• F. Hoffmann-La Roche Ltd.
• Novartis AG
• Bayer AG
• Pfizer Inc.
• Bausch Health Companies Inc.
• Regeneron Pharmaceuticals Inc.
• Amgen Inc.
• Alimera Sciences Inc.
• Alkeus Pharmaceuticals Inc.
• AbbVie Inc.
• Outlook Therapeutics Inc.
• Biogen Inc.
• Samsung Bioepis Co. Ltd.
• Biocon Ltd.
• Bio-Thera Biopharmaceutical Co. Ltd.
• AstraZeneca plc
• Acucela Inc.
• Ophthotech Corporation
• Kodiak Sciences Inc.
• REGENXBIO Inc.
• Alkahest Inc.
• Opthea Limited
• Apellis Pharmaceuticals Inc.
• Graybug Vision Inc.
• IVERIC bio Inc.
• Santen Pharmaceutical Co. Ltd.
• Ocular Therapeutix Inc.
• Tyrogenex Inc.
• Chengdu Kanghong Pharmaceutical Group Co. Ltd.
• I-Mab Biopharma Co. Ltd.
• pSivida Corp.
• Clearside Biomedical Inc.
• SciFluor Life Sciences LLC
• Lineage Cell Therapeutics Inc.
What Are The Key Trends In The Age-Related Macular Degeneration Market?
• Personalized medicine approaches
• Innovations in retinal imaging technologies
• Emergence of sustained drug delivery systems
• Clinical trials for investigational therapies
• Collaborations for research and development
What Are The Segments Of The Global Age-Related Macular Degeneration Market?
• By Type: Wet Age-Related Macular Degeneration (AMD), Dry Age-Related Macular Degeneration (AMD)
• By Drug: Eylea, Lucentis, Avastin, Other Products
• By Route Of Administration: Intravenous, Intravitreal
• By Distribution Channel: Hospital Pharmacy, Specialty Pharmacy, Online Pharmacy
Which Region Leads The Age-Related Macular Degeneration Market?
North America was the largest region in the global age-related macular degeneration market in 2024. Significantly, Asia-Pacific is expected to be the fastest-growing region in the near future. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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What Is Covered In The Age-Related Macular Degeneration Market Global Market Report?
- Market Size Analysis: Analyze the Age-Related Macular Degeneration Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Age-Related Macular Degeneration Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Age-Related Macular Degeneration Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Age-Related Macular Degeneration Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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