Macular Degeneration Treatment Market By Type (Dry Age Related Macular Degeneration, Wet Age-Related Macular Degeneration) , By Stage Of Disease (Early Stage AMD, Intermediate Stage AMD, Late Stage AMD) By Route Of Administration (Intravenous, Intravitreal) By End User (Hospitals and Clinics, Ambulatory Surgical Center, Others) : Global Opportunity Analysis and Industry Forecast, 2024-2033
Macular Degeneration Treatment Market Expected to Generate $30.9 Billion by 2033, Growing with a CAGR of 8.2%
The global macular degeneration treatment market is expected to grow primarily due to the growing prevalence of macular degeneration worldwide due to sedentary lifestyles, obesity, and poor dietary choices. The market in the North America region is predicted to grow with the highest profitability.
As per the report published by Research Dive, the global macular degeneration treatment market was valued at $14.3 billion in 2023 and is expected to register a revenue of $30.9 billion by 2033 at a CAGR of 8.2% during the forecast period 2024-2033.
Dynamics of the MarketThe growing number of patients diagnosed with retinal disorders, increasing elderly population, and the rising awareness about macular degeneration treatment are expected to make the macular degeneration treatment market a highly profitable one in the forecast period. Besides, the rising healthcare spending facilitates expanded accessibility to treatments for macular degeneration.
However, according to market analysts, the high cost and healthcare complications associated with macular degeneration treatment might restraint the growth of the market.
The rapid advancement of novel treatments, such as gene therapy and stem cell research is predicted to offer numerous growth opportunities to the market in the forecast period. Moreover, the favorable regulatory environments that aid in developing and launching new therapies is expected to propel the macular degeneration treatment market forward in the coming period.
Key Players of the MarketThe major players of the macular degeneration market include REGENXBIO Inc., Panoptica, Regeneron, Novartis AG, Pfizer Inc., Bausch Health Companies Inc., F. Hoffmann-La Roche AG, Thermo Fischer Scientific, Inc., Astellas Pharma Inc., and Aerie Pharmaceutical Inc.
What the Report CoversIn addition to the details highlighted in this description, the comprehensive final report delves into essential market aspects. These encompass a market overview, SWOT analysis, market dynamics, Porter’s five forces analysis, segmentation (key trends, regional analysis, and forecast analysis), and company profiles (including company overview, product portfolio, operating segments, strategic initiatives, and financial performance).
Key Market SegmentsBy TypeDry Age Related Macular Degeneration
Wet Age-Related Macular Degeneration
By Stage Of DiseaseEarly Stage AMD
Intermediate Stage AMD
Late Stage AMD
By Route Of AdministrationIntravenous
Intravitreal
By End UserHospitals and Clinics
Ambulatory Surgical Center
Others
By RegionNorth America
U.S.
Canada
Mexico
Europe
France
Germany
Italy
Spain
UK
Rest of Europe
Asia-Pacific
China
Japan
India
South Korea
Australia
Rest of Asia-Pacific
LAMEA
Brazil
South Africa
Saudi Arabia
UAE
Rest of LAMEA
Key Market PlayersREGENXBIO Inc.
Regeneron
Panoptica
Novartis AG
Bausch Health Companies Inc
Pfizer Inc.
F. Hoffmann-La Roche AG
Astellas Pharma Inc.
Thermo Fischer Scientific, Inc.
Aerie Pharmaceutical Inc.