Diabetic Retinopathy Market Size, Global Analysis, Mega Trends and Forecast to 2025
Market Analysis:
Changes in lifestyle are fueling
the threat of diabetes across the world. It is likely to influence the growth
of the diabetic retinopathy market positively in the forthcoming years. Key
players are investing in research & development for bringing
technologically advanced devices and diagnostics in order to treat the disease
effectively. It is presumed to encourage the expansion of the diabetic
retinopathy market over the next few years.
The global Diabetic
Retinopathy Market Size is
anticipated to grow at a 11.9% CAGR between 2019-2025, reveals
the new Market Research Future (MRFR) report. Diabetic retinopathy, simply put,
is a diabetes complication that affects the eyes. It is of two types-
proliferative (advanced stage) and non-proliferative (milder form).
This
can be attributed to the growing patient
population over the years. Diabetic retinopathy is
usually referred to eye diseases in diabetic patients. High blood sugar level causes the blood vessels
in the retina to damage which results in leakage and swelling of the blood
vessels, thus stopping blood to pass through. Some of the common symptoms of
diabetic retinopathy involve blurred
vision, vision loss, dark strings or spots floating in the vision, impaired
color vision, and empty or dark areas in your vision.
Key Players:
·
BCN Peptides
·
Kowa Group
·
Ampio Pharmaceuticals
·
Glycadia Pharmaceuticals
·
Alimera Sciences
·
Genentech
·
Sirnaomics
·
Actavis Plc
·
ThromboGenics
·
Regeneron Pharmaceuticals Inc
·
Bayer
·
Novartis AG
Market Segmentation:
·
The Global Diabetic Retinopathy Market
has been segmented based on type, treatment, end-user, and region.
·
The diabetic retinopathy market, based on
type, has been segmented into non-proliferative and proliferative.
·
The diabetic retinopathy market, based on
treatment, has been segmented into anti-VEGF drugs, laser photocoagulation,
vitreoretinal surgery, and steroid injection.
·
The diabetic retinopathy market, based on
end-user, has been segmented into hospitals, ambulatory surgical centers, and
others.
Regional Analysis:
By region, the diabetic
retinopathy market report covers the latest trends and growth opportunities
across the Americas, the Asia Pacific, the Middle East and Africa, and Europe.
Of these, the Americas is projected to have the lion’s share in the market
during the forecast period. Factors pushing the growth of the diabetic
retinopathy market in the region include growing focus on preventive care for
different chronic diseases, especially obesity and diabetes, presence of notable
players in the region, availability of diagnostic & treatment services, and
rising number of specialty care centers. The US is the prime contributor in the
region.
The diabetic retinopathy market
in Europe will have the second-largest share in the market during the forecast
period. Factors pushing the growth of the diabetic retinopathy market in the
region include on-going research activities, early diagnosis, focus on constant
health monitoring, and rising prevalence of diabetes.
Comments
Post a Comment