US AND Europe Diabetes Associated Eye Disorders Market Research Report Forecast to 2030
US AND Europe Diabetes Associated Eye Disorders Market is expected to register a notable CAGR of 6.46% during the review period. Diabetes-Associated Eye Disorders, also known as Diabetic Eye Diseases, refer to a group of eye conditions that can develop as complications of diabetes, particularly in individuals who have poorly managed blood sugar levels over an extended period.
The market growth is attributed to the rising prevalence of Diabetis, increasing awareness of opthalmic diseases, and growing government initiatives.
Market SegmentationBased on disease type, the US and Europe diabetes associated eye disorders market has been bifurcated into diabetic retinopathy and Diabetic Macular Edema (DME). The diabetic retinopathy segment dominated the market in 2022, while the diabetic macular edema (DME) segment is projected to be the faster-growing segment during the forecast period, 2023–2032.
On the basis of diagnosis & treatment, the US and Europe diabetes associated eye disorders market is bifurcated into diagnosis and treatment. The treatment segment dominated the market in 2022, as well as treatment segment is projected to be the faster-growing segment during the forecast period, 2023–2032.
On the basis of end user, the US and Europe diabetes associated eye disorders market is segmented into hospitals & clinics, ophthalmic centers, and others. The hospitals & clinics segment dominated the market in 2022, while the ophthalmic centers segment is projected to be the fastest–growing segment during the forecast period, 2023–2032.
Regional AnalysisThe report on the US and Europe diabetes associated eye disorders market has been segmented based on Country/ Region as US, Europe
The US dominated the market for diabetes associated eye disorders in 2022, accounting for the largest revenue share of 52.82%. Strong healthcare infrastructure, rising patient awareness of early disease diagnosis and treatment, supportive reimbursement policies, and the rising prevalence of diabetes are some of the main causes of the region's growth. Diabetes is on the rise in the United States at an alarming rate.
Government initiatives, an extensive number of R&D activities, and the improvement of healthcare providers' skill sets are factors that promote growth in the diabetes associated eye disorder market. When combined with patients' increasing awareness, it is anticipated that such supportive initiatives will result in profitable growth. By utilizing cutting-edge technology and using laser procedures with quick recoveries, the treatment of diabetic associated eye disorder market is anticipated to increase patient willingness for treatment.
Major PlayersThes include Novartis AG, Carl Zeiss Meditec AG, Alimera Sciences, Topcon Corporation, Bayer AG, and Regeneron Pharmaceuticals Inc.
Companies MentionedNovartis AG
Carl Zeiss Meditec AG
Alimera Sciences
Topcon Corporation
Bayer AG
and Regeneron Pharmaceuticals Inc.
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