Macular degeneration treatment market is expected to grow at a steady CAGR in the forecast period of 2019-2026. Growing incidence ocular surface injuries as it can contribute to the neurotrophic keratitis and development of advanced therapies and treatment are the key […]
Macular degeneration treatment market is expected to grow at a steady CAGR in the forecast period of 2019-2026. Growing incidence ocular surface injuries as it can contribute to the neurotrophic keratitis and development of advanced therapies and treatment are the key factors for market growth.
Few of the major competitors currently working in the global macular degeneration treatment market are Neurotech, Gilead Sciences, Inc., F. Hoffmann-La Roche Ltd, Adverum, Allergan, Regeneron Pharmaceuticals, Inc, STEMCELL Technologies Inc, IVERIC bio, Kubota Pharmaceutical Holdings Co., Ltd, Bayer AG, Novartis AG, Sanwa Kagaku Kenkyusho Co., Ltd, Opthea Limited, Santen Pharmaceutical Co., Ltd, PanOptica, Inc, Bausch health, Alcon, Resolvyx Pharmaceuticals, Inc, Phio Pharmaceuticals Corp and others.
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The study objectives of this report are:
- To analyze global Macular Degeneration Treatment status, future forecast, growth opportunity, key market and key players.
- To present the Macular Degeneration Treatment development in United States, Europe and China.
- To strategically profile the key players and comprehensively analyze their development plan and strategies.
- To define, describe and forecast the market by product type, market and key regions.
- The future aspects impacting the global Macular Degeneration Treatment market in every possible way are also further discussed in the report. The market providers compete on the basis of innovation, reputation, pricing, service, promotion and distribution. The Macular Degeneration Treatment market report has faced several phases after gathering the most important data from the research with facing the challenge of arranging it in a proper manner, which has made the analysis more efficient and effective.
- Increase in special designation from the regulatory authorities is drive the market
- Huge financial support to the researchers for developing novel intervention is boosting the market growth
- High demand of disease specific novel treatment can also act as a market driver
- Advancement in treatment such as cellular therapy can improve the vision is also act as factors that drive the market
- Treatment by Surgery may alter the appearance and function of the eye can threats the patients is also acting as a challenging factor for the growth of this market
- Low healthcare budget in some developing countries is hamper the market growth
Key Developments in the Market:
- In September 2019, Adverum reported positive 24-week clinical data from the first cohort of patients treated with a one-time intravitreal (IVT) dose of ADVM-022, gene therapy in the OPTIC phase I clinical trial in wet age-related macular degeneration (wet AMD).The trial demonstrated sustained improvements in retinal anatomy. The clinical trial results indicating potentially significant clinical benefits for patients with wet age-related macular degeneration.
- In February 2019, Neurotech received Fast Track designation from the FDA for NT-501 or Renexus, a encapsulated cell therapy for the treatment of macular telangiectasia type 2 (MacTel). The FDA Fast Track designation enables the company to accelerate the development process which helps patients to have access on the treatment as quickly as possible.
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Points with potential
- To gain information about the top players in this industry, their product portfolios, and their key strategies.
- Key parameters which are driving this market and restraining its growth
- To gain insightful analyses of the market and have a comprehensive understanding of the “ Macular Degeneration Treatment ” and its commercial landscape
- What all challenges manufacturers will face as well as new opportunities and threats faced by them.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
Segmentation: Global Macular Degeneration Treatment Market
- Wet Macular Degeneration
- Dry Macular Degeneration
- Laser Photocoagulation Surgery
- Subretinal Surgery
By Route of Administration
By End Users
- Specialty Clinics
- Ophthalmic Clinic
By Distribution Channel
- Hospital Pharmacies
- Retail Pharmacies
- Online Pharmacies
- North America
- South America
- Middle East & Africa
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