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Choroidal Neovascularization Market: Industry Analysis and Detailed Profiles of top Industry Players
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The disease is diagnosed through fluorescein angiography, indocyanine green angiography and optical coherence tomography. The disease is treated through anti-VEGF therapy, photodynamic therapy and corticosteroids. Currently the adoption rate for anti-VEGF therapy is high followed by photodynamic therapy. Drugs that are advised during anti-VEGF therapy include Avastin, Macugen and Lucentis. Visudyne, a photosensitive drug is given to the patients who are undergoing photodynamic therapy. Other treatment methods include laser photocoagulation, surgical excision of subfoveal choroidal neovascularization, surgical translocation of the fovea, and low-dose radiation therapy.
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Rise in geriatric population will drive the growth of this market. This is due to the fact that the occurrence of disease increases with age, and hence will increase the demand for diagnostics and treatment of the disease. Also, increasing initiatives for R&D for the drugs treating choroidal neovascularization by various companies will also propel the growth of the market. The major players operating in the choroidal neovascularization market include Affitech A/S, F. Hoffmann-La Roche Ltd., Lpath, Inc., Mat Biopharma, Promedior, Inc., Regeneron Pharmaceuticals, Inc., Resolvyx Pharmaceuticals, Inc and Sanwa Kagaku Kenkyusho Co., Ltd among other significant players.
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