The Retinal Disorder Treatment Global Market Report 2023, provides comprehensive information on the retinal disorder treatment market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Retinal Disorder Treatment Global Market Report 2023, the global retinal disorder treatment market is expected to grow from $10.52 billion in 2022 to $11.57 billion in 2023 at a compound annual growth rate (CAGR) of 10%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and resulted in increased interest rates affecting many markets across the globe. The retinal disorder treatment market is expected to reach $16.42 billion in 2027, at a CAGR of 9.1%.
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Product innovations are a key trend gaining popularity in the retinal disorder treatment market. Major companies operating in the retinal disorder treatment market are introducing new products to sustain their position in the market. For instance, in January 2022, F. Hoffmann-La Roche AG, a Switzerland-based pharmaceutical company, received approval from the U.S. Food and Drug Administration (FDA) for Vabysmo, a bispecific antibody used to treat neovascular or wet age-related macular degeneration (AMD) and diabetic macular edema (DME). It is the first injectable eye medication that targets and inhibits two disease pathways that include angiopoietin-2 (Ang-2) and vascular endothelial growth factor-A (VEGF-A), linked to retinal diseases that may reduce vision. Clinical trials showed non-inferior vision improvements compared to conventional therapy, with a good safety profile. The approval represents a significant step forward in treating retinal diseases and offers patients the possibility of better eyesight and a lighter treatment load.
The retinal disorder treatment market is segmented:
1) By Type: Macular Degeneration, Diabetic Retinopathy, Other Types
2) By Dosage Form: Gels, Eye Solutions, Capsules And Tablets, Eye Drops, Ointments
3) By Distribution Channel: Hospital Pharmacy, Online Pharmacy, Retail Pharmacy
North America was the largest region in the retinal disorder treatment market in 2022.
The table of contents in TBRC’s retinal disorder treatment market report includes:
- Executive Summary
- Retinal Disorder Treatment Market Characteristics
- Retinal Disorder Treatment Market Trends And Strategies
- Retinal Disorder Treatment Market – Macro Economic Scenario
- Global Retinal Disorder Treatment Market Size and Growth
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- Global Retinal Disorder Treatment Market Competitive Benchmarking
- Global Retinal Disorder Treatment Market Competitive Dashboard
- Key Mergers And Acquisitions In The Retinal Disorder Treatment Market
- Retinal Disorder Treatment Market Future Outlook and Potential Analysis
- Appendix
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