Press release
Age Related Macular Degeneration Market: Industry Expected to Experience a Positive Growth till 2031 | Top Major Companies likes - F. Hoffmann-La Roche Ltd, Regeneron Pharmaceuticals Inc., Novartis AG, Apellis Pharmaceuticals, Inc., Astellas Pharma Inc.,
The Global Age-Related Macular Degeneration Market reached US$ 13.10 billion in 2023 and is expected to reach US$ 20.60 billion by 2031, growing at a CAGR of 5.82% during the forecast period 2024-2031.Age Related Macular Degeneration Market is comprehensively covered in the DataM Intelligence report, which offers critical data, industry trends, and market intelligence. The study delves into the competitive environment, assessing leading players on their product portfolios, pricing, financial health, strategic growth initiatives, and geographic expansion.
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Age-related macular degeneration (AMD) is a progressive eye condition that affects the macula, the central part of the retina, leading to loss of central vision. Common in older adults, AMD can be categorized into dry and wet forms, with symptoms including blurry vision and difficulty recognizing faces. While there is no cure, early detection and treatments like anti-VEGF injections, lifestyle changes, and vision aids can help manage the condition and slow its progression.
Major players in the Age Related Macular Degeneration market
The prominent players in Age Related Macular Degeneration market research report are:
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
The companies are primarily focusing on strategies such as new product launches to penetrate the fastest-growing emerging markets across the world.
Age Related Macular Degeneration Market Key Development
→ In October 2024, Ocular Therapeutix announced an accelerated timeline for its SOL-1 Phase 3 trial of AXPAXLI in wet AMD, expecting full enrollment by end of 2024-earlier than the initial Q1 2025 target-with topline data now anticipated in Q4 2025.
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Age Related Macular Degeneration Market Segments
By Type: Dry AMD, Wet AMD
By Treatment: Anti-VEGF Drugs, AREDS2 Supplements, Photodynamic Therapy, Others
By Patient Type: Male, Female
The Age Related Macular Degeneration industry is experiencing rapid growth, driven by advancements in medical technologies, increased demand for innovative therapies, and a rising focus on patient-centered care. As these sectors evolve, the need for comprehensive market analysis becomes crucial to understand trends, regulatory changes, and emerging opportunities.
Regions Covered:
The global Age Related Macular Degeneration Market report focuses on six major regions: North America, South America, Europe, Asia Pacific, the Middle East, and Africa.
☞ North America - US, Canada, Mexico
☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe
☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific
☞ South America- Brazil, Argentina, Colombia, Rest of South America
☞ Middle East and Africa- Saudi Arabia, UAE, Oman, Bahrain, Qatar, Kuwait, Israel
This Report Covers:
✔ Go-to-market Strategy.
✔ Neutral perspective on the market performance.
✔Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, Market Access, and other significant analysis, as well as development status.
✔Customized regional/country reports as per request and country level analysis.
✔ Potential & niche segments and regions exhibiting promising growth covered.
✔ Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer).
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Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
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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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