Press release
Age-Related Macular Degeneration Market | Growth, Treatment Breakthroughs & Key Players 2024-2031 | Novartis AG, Apellis Pharmaceuticals, Inc., Astellas Pharma Inc.
Age Related Macular Degeneration Market
Age Related Macular Degeneration Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.
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The Age-Related Macular Degeneration (AMD) Market focuses on the diagnosis and treatment of a progressive eye disease that affects central vision. It includes therapies like anti-VEGF injections, laser treatments, and emerging gene and cell therapies. Market growth is driven by an aging population, increasing prevalence of AMD, and advancements in innovative treatment options for better vision preservation.
List of the Key Players in the Age Related Macular Degeneration Market:
F. Hoffmann-La Roche Ltd, Regeneron Pharmaceuticals Inc., Novartis AG, Apellis Pharmaceuticals, Inc., Astellas Pharma Inc., Biocon, Samsung Bioepis., Bausch + Lomb., Alcon Inc., Nature Made and among others.
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Industry Development:
In October 2024, Ocular Therapeutix, Inc. announced an accelerated timeline for the SOL-1 Phase 3 registrational clinical trial of AXPAXLI for wet age-related macular degeneration (wet AMD). The company now expects to complete patient enrollment and randomization by the end of 2024, significantly ahead of its initial target of Q1 2025. With this progress, topline data from the SOL-1 trial are anticipated in Q4 2025.
In March 2024, Roche Pharma India made its entry into the ophthalmology sector with the launch of Vabysmo (faricimab), a breakthrough treatment for neovascular or 'wet' age-related macular degeneration (nAMD) and diabetic macular edema (DME).
Growth Forecast Projected:
The Global Age Related Macular Degeneration Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
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.
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Segment Covered in the Age Related Macular Degeneration Market:
By Type: Dry AMD, Wet AMD.
By Treatment: Anti-VEGF Drugs, AREDS2 Supplements, Photodynamic Therapy, Others.
By Patient Type: Male, Female.
Regional Analysis for Age Related Macular Degeneration Market:
The regional analysis of the Age Related Macular Degeneration Market covers key regions including North America, Europe, Asia Pacific Middle East and Africa and South America. The North America with a focus on the U.S., Canada, and Mexico; Europe, highlighting major countries like the U.K., Germany, France, and Italy, along with other nations in the region; Asia-Pacific, covering India, China, Japan, South Korea, and Australia, among others; South America, with emphasis on Colombia, Brazil, and Argentina; and the Middle East & Africa, which includes Saudi Arabia, the U.A.E., South Africa, and other countries. This comprehensive regional breakdown helps identify unique market trends and growth opportunities specific to each area.
⇥ 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)
Benefits of the Report:
➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.
➡ Top-down and bottom-up approach for regional analysis
➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.
➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market
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People Also Ask:
➠ What is the global sales, production, consumption, import, and export value of the Age Related Macular Degeneration market?
➠ Who are the leading manufacturers in the global Age Related Macular Degeneration industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?
➠ What opportunities and challenges do vendors in the global Age Related Macular Degeneration industry face?
➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?
➠ What are the key factors and limitations affecting the growth of the Age Related Macular Degeneration market?
➠ What are the various sales, marketing, and distribution channels in the global industry?
Browse More Reports: https://www.datamintelligence.com/research-report/age-related-macular-degeneration-market
Xerophthalmia Treatment Market: https://www.datamintelligence.com/research-report/xerophthalmia-treatment-market
Ophthalmology Drugs and Devices Market: https://www.datamintelligence.com/research-report/ophthalmology-drugs-and-devices-market
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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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