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Panuveitis Market Size Forecasted To Achieve 6.58 Billion By 2029 With Steady Growth
We've updated all our reports with current data on tariff changes, trade developments, and supply chain shifts affecting key industries.What Is the Panuveitis Market Size and Projected Growth Rate?
The market scale for panuveitis has witnessed a swift expansion in previous years. It is projected to escalate from $4.05 billion in 2024 to $4.47 billion in 2025, delivering a compound annual growth rate (CAGR) of 10.5%. The historic period's growth can be ascribed to factors such as the widespread prevalence of autoimmune and infectious diseases, increased utilisation of corticosteroids, the augmented adoption of biologics, growing necessities for ophthalmic imaging, and burgeoning investments in research associated with infectious causes.
A swift expansion is anticipated in the panuveitis market size over the upcoming years, with it forecasted to reach a value of $6.58 billion by 2029, demonstrating a compound annual growth rate (CAGR) of 10.2%. This predicted growth during the forecast period is attributed to multiple factors including the extensive use of biologic therapies, the upsurge in demand for personalized medicine, increased cases of uveitis-related diseases, enhanced investment in ophthalmic research, and heightened awareness of the disease. In the forecast period, some key trends will be the growing use of biologic therapies, enduring drug delivery systems, the broadening of personalized medicine methods, the development of AI-powered diagnostic and treatment strategies, and the rise in less invasive surgical procedures.
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What Are the Major Segments in the Panuveitis Market?
The panuveitis market covered in this report is segmented -
1) By Type: Infectious Panuveitis, Non-Infectious Panuveitis
2) By Treatment: Pharmacological, Surgical, Phototherapy
3) By Route Of Administration: Oral, Intravitreal, Topical
4) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies
Subsegments:
1) By Infectious Panuveitis: Bacterial Panuveitis, Viral Panuveitis, Fungal Panuveitis, Parasitic Panuveitis
2) By Non-Infectious Panuveitis: Autoimmune-Related Panuveitis, Idiopathic Panuveitis, Drug-Induced Panuveitis
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What Are The Driving Panuveitis Market Evolution?
The growth of the panuveitis market is expected to be driven by the increasing occurrence of autoimmune disorders. Autoimmune conditions occur when the body's immune system mistakenly attacks and harms its own healthy cells and tissues. The escalating incidence of such conditions can be attributed to various factors including genetic predisposition, environmental elements like pollution and altered diet, along with an elevated exposure to certain infections and stress catalysts that may disrupt immune system functions. In the context of panuveitis treatment advancements, autoimmune diseases play a critical role as they fuel research into immune system regulation given that many panuveitis incidents are associated with autoimmune responses. For example, as reported by the University of Oxford, a research university based in the UK, in May 2023, autoimmune disorders affect 10% of the global population, involving 13% of females and 7% of males. Thus, the increasing prevalence of autoimmune conditions is stimulating the expansion of the panuveitis market.
Which Firms Dominate The Panuveitis Market Segments?
Major companies operating in the panuveitis market are Pfizer Inc., AbbVie, Boehringer Ingelheim International GmbH, Amgen, Teva Pharmaceuticals, Sandoz, Organon group of companies, Zydus Lifesciences Ltd., Mallinckrodt plc, Alvotech, EyePoint Pharmaceuticals Inc., Affibody Medical AB, Alumis Inc., Fujifilm Kyowa Kirin Biologics Co. Ltd., Revolo Biotherapeutics Ltd., Tarsier Pharma, Priovant Therapeutics Inc., Mylan N.V., Clearside Biomedical Inc., pSivida Corp.
What Trends Are Driving Growth in The Panuveitis Market?
Leading firms in the panuveitis market are directing their efforts towards creating superior slow-release intravitreal injection formulations to enhance patient adherence and results. A slow-release intravitreal injection formulation is a kind of drug administration that slowly dispenses medication into the vitreous humor of the eye over a period of time, ensuring extended therapeutic benefits and minimizing the requirement for regular dosing. To illustrate, in August 2022, Tarsier Pharma, a clinical-stage company based in Israel, made public their development of TRS02, a possible immunomodulator intended for the treatment of diseases affecting the retina. This groundbreaking treatment has the potential to tackle various back-of-the-eye conditions typified by underlying inflammatory pathologies such as panuveitis (posterior uveitis) and diabetic macular edema. TRS02, which is rooted in Tarsier's unique technology platform, is currently going forward towards an investigational new drug (IND) submission after achieving notable preclinical milestones.
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Which Is The Largest Region In The Panuveitis Market?
North America was the largest region in the panuveitis market in 2024. The regions covered in the panuveitis market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Panuveitis Market?
2. What is the CAGR expected in the Panuveitis Market?
3. What Are the Key Innovations Transforming the Panuveitis Industry?
4. Which Region Is Leading the Panuveitis Market?
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