Press release
Macular Edema Market Size, Trends & Growth Analysis | Forecast 2024-2031 | Alimera Sciences, Bausch Lomb, Genentech.
The Global Macular Edema Market reached US$ 7,932.69 million in 2023 and is expected to reach US$ 14,874.70 million by 2031, growing at a CAGR of 8.4% during the forecast period 2024-2031.Macular Edema Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.
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The Macular Edema Market focuses on treatments for fluid accumulation in the macula, leading to vision impairment. Growth is driven by the rising prevalence of diabetes-related macular edema (DME) and age-related macular degeneration (AMD). Advancements in anti-VEGF therapies, corticosteroids, and sustained-release drug delivery systems are enhancing treatment efficacy and expanding market opportunities worldwide.
List of the Key Players in the Macular Edema Market:
Novartis Pharmaceuticals, Regeneron Pharmaceuticals, Roche, Allergan (AbbVie), Bayer, Alimera Sciences, Bausch Lomb, Genentech, Santen Pharmaceutica, and Ophthotech Corporation.
Industry Development:
In September 2023, Genentech advanced its Port Delivery System (PDS), a long-acting drug delivery implant that continuously releases a customized formulation of ranibizumab (Lucentis) into the eye. This innovation aims to reduce the treatment burden for patients with neovascular age-related macular degeneration (nAMD) and potentially other retinal diseases, including macular edema, by offering sustained drug delivery and minimizing the need for frequent intravitreal injections.
In March 2023, Santen Pharmaceuticals announced positive Phase 3 results for DE-128 (Sirolimus). The DERBY study demonstrated that sirolimus, an mTOR inhibitor, significantly improved visual acuity and reduced central subfield thickness in patients with non-infectious uveitis. The findings highlight its potential as an effective treatment for macular edema associated with uveitis, offering a promising alternative for managing ocular inflammation and neovascularization.
Growth Forecast Projected:
The Global Macular Edema Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
Research Process:
Both primary and secondary data sources have been used in the global Macular Edema Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
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Segment Covered in the Macular Edema Market:
By Disease Type: Diabetic macular edema, Cystoid macular edema.
By Treatment Type: Injections, Eye drops, Laser treatment, Eye surgery.
By End-Users: Opthamology centers, Research institutes and laboratories.
Regional Analysis for Macular Edema Market:
The regional analysis of the Macular Edema Market covers key regions including North America, Europe, Asia Pacific Middle East and Africa and South America. The North America with a focus on the U.S., Canada, and Mexico; Europe, highlighting major countries like the U.K., Germany, France, and Italy, along with other nations in the region; Asia-Pacific, covering India, China, Japan, South Korea, and Australia, among others; South America, with emphasis on Colombia, Brazil, and Argentina; and the Middle East & Africa, which includes Saudi Arabia, the U.A.E., South Africa, and other countries. This comprehensive regional breakdown helps identify unique market trends and growth opportunities specific to each area.
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Benefits of the Report:
➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.
➡ Top-down and bottom-up approach for regional analysis
➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.
➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market
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People Also Ask:
➠ What is the global sales, production, consumption, import, and export value of the Macular Edema market?
➠ Who are the leading manufacturers in the global Macular Edema industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?
➠ What opportunities and challenges do vendors in the global Macular Edema industry face?
➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?
➠ What are the key factors and limitations affecting the growth of the Macular Edema market?
➠ What are the various sales, marketing, and distribution channels in the global industry?
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