Recent Developments

Pfizer Inc., an American pharmaceutical organization located in the heart of New York City. Pfizer produces vaccines and medicines for a broad variety of medical disciplines such as oncology, immunology, cardiology, endocrinology, neurology and others. Phase 3 study explain MACUGEN® significantly enhanced vision in patients with diabetic macular edema (DME), a complexity of diabetes that is the first cause of blindness in persons of operating age. Diabetic Macular Edema (DME) is a traditional form of diabetic retinopathy, an eye disease caused by damage to the blood vessels of the retina in the back of the eye and the leading cause of blindness among work age adult populations (20 to 65 years).

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Market Segmentations:

Market Data Forecast published a report named Diabetic Retinopathy Market. It is valued around USD 6.97 billion in 2018 and is projected to reach USD 9.73 billion by 2023, at a CAGR of 6.9% during the forecast period from 2018 to 2023.

Report segmented as:

Indication:

Non-Proliferative Diabetic Retinopathy (NPDR),

Proliferative Diabetic Retinopathy (PDR).

By end users:

Hospitals,

Ophthalmic Clinics,

Ambulatory Surgical Centers.

Based on indication, Non-proliferative retinopathy dominated the overall market size estimated to lead the market. On bases of end user, hospitals are estimated to have the huge growth in the market.

Geographical Segmentation:

Based on the geography the market is analyzed under several regions namely, North America, Europe, Asia-Pacific, Latin America and Middle-East and Africa. North America is dominated the market followed by Asia-Pacific and Europe.

Key market players:

Bayer AG,

Pfizer Inc.,

Hoffmann-La Roche ltd,

Regeneron Pharmaceutical Inc.,

Novartis AG.

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Scope of the report:

The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated.

The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategically activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided. The report also offers a broad outlook of the market along with recommendations from industry experts on the opportunities for investment activity.

What else? Apart from the syndicated report, our in-house team has an expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.

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