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Emerging Trends to Reshape the Retinal Disorder Treatment Market: Breakthrough Products Transforming The Landscape Of Retinal Disorder Treatment Market as a Key Influencer
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Retinal Disorder Treatment Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
In recent years, there has been a significant expansion in the market size for the treatment of retinal disorders. The market is projected to rise from $12.59 billion in 2024 to $13.82 billion in 2025, reflecting a compound annual growth rate (CAGR) of 9.7%. Factors contributing to this growth during the historic period include the launch of anti-vegf therapies, an aging population, a rise in occurrences of retinal disorders, the availability of enhanced diagnostic tools, improved awareness and screening initiatives, as well as increased access to healthcare services.
Retinal Disorder Treatment Market Size Forecast: What's the Projected Valuation by 2029?
The market size for retinal disorder treatments is projected to experience substantial growth over the next few years. It is set to escalate to about $19.62 billion in 2029, with a compound annual growth rate (CAGR) of 9.2%. The anticipated growth during the forecast period is largely due to aspects such as patient-focused retinal healthcare strategies, an increase in global healthcare spending, heightened attention to combination treatments for retinal conditions, the emergence of home-based retinal disorder surveillance, growing usage of implantable devices for retinal therapy, and the embracing of regenerative medicine for retina treatments. Key trends in the forecast period encompass the progression of ophthalmic imaging technologies, the development of less invasive surgical methods, the application of artificial intelligence in diagnostic processes, improvements in drug delivery technologies, incorporating of virtual reality into retinal rehabilitation, collaborations among research organizations and pharmaceutical firms, and the emergence of gene therapies to address genetic retinal disorders.
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What Are the Drivers Transforming the Retinal Disorder Treatment Market?
The rise in retinal disorders is projected to boost the growth of the retinal disorder treatment market. Medical conditions disrupting the retina and the light-sensitive tissue at the rear of the eye, known as retinal diseases, can lead to vision loss or significant visual impairment. Various treatments for retinal disorders, including laser therapy, vitrectomy, and retinal implants, assist in managing and alleviating symptoms. For example, the International Agency for the Prevention of Blindness, a UK-based international alliance, reported in January 2023 that age-related macular degeneration (AMD) is estimated to cause around 5% of global blindness. Furthermore, age-related macular degeneration diseases are anticipated to affect approximately 288 million individuals by 2040. Hence, the escalating occurrence of retinal disorders is contributing to the expansion of the retinal disorder treatment market.
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What Long-Term Trends Will Define the Future of the Retinal Disorder Treatment Market?
Major players in the retinal disorder treatment market are focusing on product innovations to maintain their market dominance. An example is how F. Hoffmann-La Roche AG, a Swiss pharmaceutical firm, launched a new product called Vabysmo in January 2022 after receiving approval from the U.S. FDA. Vabysmo, a bispecific antibody, is used to handle neovascular or wet age-related macular degeneration (AMD) and diabetic macular edema (DME). It is the pioneering injectable eye medicine that suppresses two disease pathways, Ang-2 and VEGF-A, which are associated with retinal disorders that might lead to vision loss. After clinical trials, this medication demonstrated comparably efficient vision enhancement to traditional treatment, and its safety was deemed satisfactory. This product is expected to revolutionize retinal disorder treatment and provide patients better vision and lesser treatment intensity.
Which Segments in the Retinal Disorder Treatment Market Offer the Most Profit Potential?
The retinal disorder treatment market covered in this report is segmented -
1) By Type: Macular Degeneration, Diabetic Retinopathy, Other Types
2) By Dosage Form: Gels, Eye Solutions, Capsules And Tablets, Eye Drops, Ointments
3) By Distribution Channel: Hospital Pharmacy, Online Pharmacy, Retail Pharmacy
Subsegments:
1) By Macular Degeneration: Dry Macular Degeneration, Wet Macular Degeneration
2) By Diabetic Retinopathy: Non-Proliferative Diabetic Retinopathy, Proliferative Diabetic Retinopathy
3) By Other Types: Retinal Detachment, Retinitis Pigmentosa, Uveitis, Other Retinal Disorders
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Which Firms Dominate the Retinal Disorder Treatment Market by Market Share and Revenue in 2025?
Major companies operating in the retinal disorder treatment market include Pfizer Inc., F. Hoffmann-La Roche Ltd., AbbVie Inc., Bayer AG, Novartis AG, Takeda Pharmaceutical Company Limited, Regeneron Pharmaceuticals Inc., Bausch Health Companies Inc., Genentech Inc., Santen Pharmaceutical Co. Ltd., Apellis Pharmaceuticals Inc., Kubota Pharmaceutical Holdings Co. Ltd, Alimera Sciences Inc., Ocular Therapeutix Inc., EyePoint Pharmaceuticals Inc., Adverum Biotechnologies Inc., Kodiak Sciences Inc., Acucela Inc., IVERIC bio Inc., Oxurion NV, Graybug Vision Inc., Icon Bioscience Inc., Clearside Biomedical Inc., Aerpio Pharmaceuticals Inc., Neurotech Pharmaceuticals Inc., Ophthotech Corporation, Opthea Limited, PanOptica Inc., ThromboGenics NV
Which Regions Offer the Highest Growth Potential in the Retinal Disorder Treatment Market?
North America was the largest region in the retinal disorder treatment market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the retinal disorder treatment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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