IMARC Group, a leading market research company, has recently releases report titled “Macular Degeneration Treatment Market Report by Type (Dry Age-related Macular Degeneration, Wet Age-related Macular Degeneration), Stage of Disease (Early Stage, Intermediate Stage, Late Stage), Route of Administration (Intravenous Route, Intravitreal Route), End User (Hospitals, Ambulatory Surgical Center, and Others), and Region 2024-2032”, Offers a comprehensive analysis of the industry, which comprises insights on the global macular degeneration treatment market.

How Big is the Macular Degeneration Treatment Market?

The global macular degeneration treatment market size reached US$ 9.4 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 15.4 Billion by 2032, exhibiting a growth rate (CAGR) of 5.5% during 2024-2032.

Industry Overview of Macular Degeneration Treatment

Macular degeneration treatment refers to medical interventions and therapies that focus on managing and mitigating the effects of macular degeneration, which is a progressive eye condition. It comprises a range of strategies, such as medication, surgical procedures, and lifestyle modifications, to improve visual function in individuals afflicted by this condition. It can be treated through anti-angiogenic drugs that prevent blockages and leakages in the blood vessels. 

For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/macular-degeneration-treatment-market/requestsample

What are the growth prospects and trends in the macular degeneration treatment industry?

At present, the rising awareness about the importance of early disease detection among individuals, along with the improved diagnostic methods that enhance treatment effectiveness, represents one of the major factors strengthening the growth of the market.

Besides this, the increasing preference for gene therapy and regenerative medicine that offer promising prospects for innovative macular degeneration is contributing to the growth of the market. Moreover, the rising popularity of personalized medicine to improve patient outcomes due to the increasing focus on patient-centric approaches in healthcare facilities worldwide is bolstering the growth of the market.

Apart from this, the growing demand for effective treatments and therapies due to the rising incidences of macular degeneration among individuals across the globe is positively influencing the market. In line with this, the increasing number of insurance coverage policies for eye care and treatments to reduce financial barriers for patients is supporting the growth of the market. 

Leading Companies Operating in the Global Macular Degeneration Treatment Industry:

  • Aerie Pharmaceuticals Inc.
  • Bausch Health Companies Inc.
  • Bayer AG
  • F. Hoffmann-La Roche Ltd
  • Iveric Bio Inc.
  • Novartis AG
  • Panoptica
  • Pfizer Inc.
  • Phio Pharmaceuticals
  • Regeneron Pharmaceuticals Inc.
  • Regenxbio Inc.
  • Santen Pharmaceutical Co. Ltd.

Macular Degeneration Treatment Market Report Segmentation:

The report has segmented the market into the following categories:

Breakup by Type:

  • Dry Age-related Macular Degeneration
  • Wet Age-related Macular Degeneration

Breakup by Stage of Disease:

  • Early Stage
  • Intermediate Stage
  • Late Stage

Breakup by Route of Administration:

  • Intravenous Route
  • Intravitreal Route

Breakup by End User:

  • Hospitals
  • Ambulatory Surgical Center
  • Others

Breakup by Region:

  • North America: (United States, Canada)
  • Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America: (Brazil, Mexico, Others)
  • Middle East and Africa

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

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