The global macular degeneration treatment market is estimated to grow at a CAGR of nearly 7.0% during the forecast period. The major factors contributing to the market growth include a significant rise in the prevalence of age-related macular degeneration (AMD) and rising geriatric population base. As per the International Agency for the Prevention of Blindness (IAPB), AMD is the third most common cause of blindness across the globe. It is the major cause of blindness in higher-income countries with geriatric populations. AMD accounts for nearly 5% of blindness across the globe. The major risk factors that lead to the rising incidences of AMD include genetic factors, age, and tobacco smoking.
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AMD is the major cause of permanent central vision loss among people aged 65 and over in developed countries. The incidence of macular degeneration is expected to rise continuously coupled with the significant rise in ageing population. This, in turn, will drive the demand for reliable and effective macular degeneration treatment. The treatment efforts for AMD is aimed to keep the central vision as long as possible. The treatment alternatives available for wet AMD include Bevacizumab (Avastin), Ranibizumab (Lucentis), and Aflibercept (Eylea) drugs. These medications are injected into the vitreous cavity of the eye, which decreases the leakage from the retinal blood vessels. A large number of patients receiving these treatments will need lifelong therapy at the intervals of 1-3 months.
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Global Macular Degeneration Treatment Market Segmentation
By Type
Dry Age-Related Macular Degeneration
Wet Age-Related Macular Degeneration
By Route of Administration
Intravitreal
Intravenous
By Distribution Channel
Retail Pharmacies
Hospital Pharmacies
Online Pharmacies
Regional Analysis
North America
United States
Canada
Europe
UK
Germany
Italy
Spain
France
Rest of Europe
Asia-Pacific
China
India
Japan
Rest of Asia-Pacific
Rest of the World
Company Profiles
Alkahest, Inc.
Allergan plc
Amgen Inc.
Bausch Health Companies Inc.
Boehringer Ingelheim GmbH
Clearside Biomedical, Inc.
Exonate Ltd.
F. Hoffman La-Roche AG
Gemini Therapeutics, Inc.
IVERIC bio, Inc.
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