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Dry Age Related Macular Degeneration (AMD) Market Poised for 8.8 % Growth, Set to Hit $6.86 Billion by 2029
Dry Age Related Macular Degeneration (AMD)
The growing geriatric population is expected to drive the growth of the dry age-related macular degeneration (AMD) market. As medical advancements and improved chronic disease management have increased life expectancy, the number of older adults is steadily rising. Dry AMD, a leading cause of vision impairment among the elderly, provides targeted treatments aimed at slowing disease progression and preserving vision. With 57.8 million adults aged 65 and older in the U.S. in 2022, representing 17.3% of the total population, the growing geriatric demographic presents a growing market for AMD treatments.
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What is the future CAGR of the dry age related macular degeneration (amd) market, and how will it impact industry expansion?
The dry age-related macular degeneration (AMD) market is experiencing steady growth, increasing from $4.49 billion in 2024 to $4.90 billion in 2025 at a CAGR of 9.1%. The historical growth factors include a rising aging population, an increased prevalence of chronic diseases, growing awareness of eye health, a rising number of clinical trials focused on dry AMD, and a growing demand for minimally invasive treatments.
The dry age-related macular degeneration (AMD) market is projected to experience significant growth, reaching $6.86 billion by 2029 at a CAGR of 8.8%. This expansion will be driven by the emergence of novel therapies, increased healthcare spending, rising use of laser photocoagulation therapy, progress in genetic research, and a heightened focus on personalized medicine. Key trends include advancements in diagnostic technologies, the growing adoption of teleophthalmology, cutting-edge treatment options, regulatory approvals, and the launch of new products.
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What are the most significant trends transforming the dry age related macular degeneration (amd) market today?
In the dry age-related macular degeneration (AMD) market, companies are innovating with light delivery systems to activate retinal cells and slow disease progression. For example, in January 2024, LumiThera Inc., a US-based medical device company, launched the Valeda Light Delivery System for treating dry AMD. This FDA-authorized photobiomodulation (PBM) therapy uses multi-wavelength light (590 nm, 660 nm, and 850 nm) to target retinal cells, offering a non-invasive treatment option. LumiThera also initiated the EUROLIGHT registry study to gather long-term data on the system's effectiveness in improving vision in dry AMD patients.
Which key market segments comprise the dry age related macular degeneration (amd) market and drive its revenue growth?
The dry age related macular degeneration (AMD) market covered in this report is segmented -
1) By Stages: Early Age-Related Macular Degeneration, Intermediate Age-Related Macular Degeneration, Late Age-Related Macular Degeneration
2) By Age Group: Above 75 Years, Above 60 Years, Above 40 Years
3) By Route Of Administration: Oral, Injectables
4) By End Users: Hospitals And Clinics, Diagnostic Centers, Academic And Research Institutes
Subsegments:
1) By Early Age-Related Macular Degeneration: Drusen Accumulation, Retinal Pigment Epithelium Changes
2) By Intermediate Age-Related Macular Degeneration: Larger Drusen Deposits, Increased Pigmentary Abnormalities
3) By Late Age-Related Macular Degeneration: Geographic Atrophy, Central Vision Loss
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What regions are at the forefront of dry age related macular degeneration (amd) market expansion?
North America was the largest region in the dry age-related macular degeneration (AMD) market in 2024. The regions covered in the dry age related macular degeneration (AMD) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the leading players fueling growth in the dry age related macular degeneration (amd) market?
Major companies operating in the dry age related macular degeneration (AMD) market are F Hoffmann-La Roche Ltd., Novartis AG, Bayer AG, Amgen Inc., Biogen Inc., Astellas Pharma Inc., Bausch Health Companies Inc., Lupin Ltd., Santen Pharmaceuticals Inc., Biocon Ltd., Alimera Sciences Inc., Apellis Pharmaceuticals Inc., Belite Bio Inc., Axol Bioscience Ltd., Alkeus Pharmaceuticals Inc., Kubota Holdings Co., Ribomic Inc., Eyestem Research Pvt. Ltd., LumiThera Inc., Adverum Biotechnologies Inc.
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What Is Covered In The Dry Age Related Macular Degeneration (AMD) Global Market Report?
•Market Size Forecast: Examine the dry age related macular degeneration (amd) market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the dry age related macular degeneration (amd) market for a structured understanding.
•Key Players Overview: Analyze major players in the dry age related macular degeneration (amd) market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the dry age related macular degeneration (amd) market.
•Segment Contributions: Evaluate how different segments drive overall growth in the dry age related macular degeneration (amd) market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the dry age related macular degeneration (amd) market.
•Industry Challenges: Identify potential risks and obstacles affecting the dry age related macular degeneration (amd) market.
•Competitive Landscape: Review strategic developments in the dry age related macular degeneration (amd) market, including expansions, agreements, and new product launches.
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