Press release
Vision Care Market to Reach US$ 93.57 Bn. by 2029, Growing at a 4.5% CAGR
Vision Care Market:
The Age-Related Macular Degeneration (AMD) Market size was valued at USD 9.45 Billion in 2024, and the total AMD Market revenue is expected to grow at a CAGR of 7.2% from 2025 to 2032, reaching nearly USD 16.50 Billion.
Market Overview
The Age-Related Macular Degeneration (AMD) Market represents a critical segment of the global ophthalmology and vision care industry. AMD is one of the leading causes of vision loss among the elderly population, particularly in developed and aging economies.
Market growth is primarily driven by the rising geriatric population, increasing prevalence of lifestyle-related eye disorders, and growing awareness about early diagnosis and treatment options. Advancements in biologics, anti-VEGF therapies, and sustained-release drug delivery systems are significantly improving treatment outcomes.
Additionally, improved access to eye care services, favorable reimbursement policies in developed regions, and increasing R&D investments are accelerating market expansion.
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Market Key
Rising prevalence of age-related eye disorders worldwide
Strong demand for anti-VEGF therapies
Advancements in biologics and gene-based treatments
Growing geriatric population globally
Increasing awareness and early diagnosis initiatives
Market Size & Forecast
2024: US $ 10.25 Bn.
2032: US $ 11.25 Bn.
CAGR (2025-2032): 12.7%
Age-Related Macular Degeneration (AMD) Market Segmentation
by Drug Type
Lucentis
Eylea
Beovu
Others
by Disease Type
Dry AMD
Wet AMD
by Age Group
Less Than 60
Between 60 to 80
More Than 80
by Gender
Male
Female
Key Growth Drivers
Growing Aging Population
Rapidly increasing elderly populations across the globe are significantly raising AMD incidence rates.
Technological Advancements
Innovations in biologics, gene therapy, and sustained drug delivery systems are transforming AMD treatment.
Rising Awareness and Screening Programs
Government and private initiatives promoting early diagnosis are improving treatment adoption.
Improved Healthcare Infrastructure
Expansion of ophthalmology clinics and access to advanced therapies is boosting market demand.
Pain Points & Challenges
High cost of advanced AMD therapies
Limited treatment options for dry AMD
Risks associated with repeated intravitreal injections
Uneven access to advanced eye care in developing regions
Emerging Opportunities
Development of long-acting and sustained-release therapies
Growth in gene and cell-based treatment approaches
Expansion into emerging markets with aging populations
Increased investment in dry AMD treatment research
Recent Developments & Trends
Launch of next-generation anti-VEGF therapies
Increased clinical trials focused on dry AMD treatments
Strategic collaborations between pharma companies and research institutes
Rising adoption of combination therapies for improved outcomes
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Frequently Asked Questions
1] What is the growth rate of the Age-Related Macular Degeneration (AMD) Market?
Ans. The AMD Market is expected to grow at a CAGR of 7.2% during the forecast period.
2] What is the expected market size of the AMD Market by 2032?
Ans. The market is expected to reach nearly USD 16.50 Billion by 2032.
3] Which segment dominates the AMD Market?
Ans. The anti-VEGF drug segment dominates due to its high efficacy in treating wet AMD.
4] What factors are driving the AMD Market growth?
Ans. Growth is driven by aging populations, technological advancements, rising awareness, and improved access to eye care.
5] Who are the key players in the AMD Market?
Ans. Key players include Roche, Novartis, Regeneron Pharmaceuticals, Bayer, and Allergan (AbbVie).
Related Reports
Ophthalmic Drugs Market : https://www.maximizemarketresearch.com/market-report/global-ophthalmology-drugs-and-devices-market/113937/
Retinal Disorders Treatment Market : https://www.maximizemarketresearch.com/market-report/retinal-vasculitis-treatment-market/121894/
Top Performing Market Reports
Biologics Market : https://www.maximizemarketresearch.com/market-report/biologics-market/37255/
Global Vision Care Market : https://www.maximizemarketresearch.com/market-report/global-vision-care-market/72274/
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