Future of Eye Health: Macular Degeneration Treatment Market Trends 2024-2031 | Latest Major Companies likes - Novartis AG, Regeneron Pharmaceuticals Inc., Genentech USA, Inc., REGENXBIO Inc., Bausch Health Companies Inc.

The latest report published by DataM Intelligence highlights the growth prospects of Macular Degeneration Treatment market. The industry expansion is majorly driven by developments in technology across the globe.

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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 2030. The global macular degeneration treatment market is expected to exhibit a CAGR of 6.6% during the forecast period (2023-2030).

Macular degeneration treatment focuses on slowing the progression of the disease and preserving vision. For age-related macular degeneration (AMD), options include anti-VEGF injections to reduce abnormal blood vessel growth, laser therapy, and nutritional supplements. In some cases, low vision aids and rehabilitation are recommended to help individuals adapt to vision loss.

Competitive Evaluation:

Companies covered in this report are 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.

The Macular Degeneration Treatment Market analysis identifies a number of major market players. It enables companies to understand the strategies and partnerships used by other industry players to combat market competition. The comprehensive market report provides a fascinating microscopic look at the market. Corporations can detect the footprints of manufacturers by learning about demand, the global price of manufacturers, and the global benefit of manufacturing companies.

Key Development

On April 21, 2023, Janssen Pharmaceutical Companies of Johnson & Johnson announced five presentations at the ARVO 2023 Annual Meeting in New Orleans. These include updates from the Phase 1/2 MGT009 trial for botaretigene sparoparvovec (bota-vec) gene therapy in X-linked retinitis pigmentosa (XLRP) patients and pooled safety data from two Phase 1 trials of JNJ-81201887. The trials focus on geographic atrophy (GA) and wet age-related macular degeneration (AMD).

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Macular Degeneration Treatment Market Segments

The report covers the segmentation of the market into different segments based on various classifications such as applications, end users, product types, and others. The segmentation is divided into two sections, one for development and the other for different roles, needs, and behaviors.

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

Regional Assessment:

Regional analysis includes segmentation based on the geography that accentuates the recent and future demand for Macular Degeneration Treatment market across North America, Europe, Asia-Pacific, Middle East & Africa, and South America. The study also focuses on the demand for each application segment over all the prominent regions.

⇥ 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)

In terms of geographical analysis, Macular Degeneration Treatment Market report provides an in-depth view of:-

∎ Regional level break-up
∎ Leading growth rates
∎ Countries with the largest market share
∎ Market factors
∎ Latest developments
∎ Industry challenges
∎ Regulatory policies
∎ Player strategies

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This report provides a 360-degree synopsis of the competitive scenario of the Macular Degeneration Treatment industry. It has enormous awareness joined to the ongoing item and technical improvements in the business sector. It has a thorough analysis of the impact of the potential future development of these headways, a wide-ranging review of those extensions available for future growth.

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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