According to FutureWise analysis, the market for Age Related Macular Degeneration Drug is estimated to be US$ 11.29 billion in 2023 and is expected to reach US$ 19.57 billion by 2031 at a CAGR of 7.1% over the forecast period of 2025-2033.
Age-related macular degeneration (AMD) is a common eye condition that particularly impacts older adults, resulting in blurred central vision due to damage in the macula—the crucial part of the retina responsible for sharp, detailed sight. This condition mainly comes in two forms: dry AMD (atrophic AMD) and wet AMD (advanced neovascular AMD).
Dry AMD is the more prevalent type, featuring a gradual thinning of the macula as we age. It unfolds through three key stages: early, intermediate, and late. On the other hand, wet AMD is less frequent but much more aggressive, often leading to rapid vision loss. Typically emerging during the later stages of AMD, wet AMD can develop from areas that were previously affected by dry AMD. A defining characteristic of wet AMD is the abnormal growth of blood vessels in the back of the eye, which can cause significant harm to the macula.
Recognizing these distinctions is vital for the prompt detection and effective management of AMD, emphasizing the importance of regular eye check-ups as we age. Understanding AMD could make all the difference in preserving our vision!
FutureWise Market Research has published a report that provides an insightful analysis of Age Related Macular Degeneration Drug Market trends that are affecting the overall market growth.
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Age Related Macular Degeneration Drug Market Segmentation:
By Product Type
• Eylea
• Lucentis
• Beovu
• Others
By Disease Type
• Dry AMD
• Wet AMD
By Distribution Channel
• Hospital Pharmacy
• Specialty Pharmacy
• Online Pharmacy
By Region
• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East and Africa
Competitive Landscape in Age Related Macular Degeneration Drug Market:
• F.Hoffmann-La Roche Ltd
• Novartis AG
• Bayer AG
• Pfizer Inc
• Bausch Health Companies Inc
• Regeneron Pharmaceuticals Inc
• Amgen Inc
• Biogen
• Samsung Bioepis
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**Objectives of this Study: **
1. To provide a comprehensive analysis of the Age-Related Macular Degeneration Drug Market By Product Type, By Disease Type, By Distribution Channel and By Region.
2. To offer detailed insights into factors such as drivers, restraints, trends, and opportunities, as well as segmental and regional influences on market growth.
3. To evaluate current market trends and forecast micro-markets, presenting overall market projections in the form of data sets and PowerPoint presentations.
4. To predict the market size in key regions, including North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
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