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Diabetic Retinopathy Drug Market Trends

  • Report ID: 99
  • Published Date: Sep 19, 2024
  • Report Format: PDF, PPT

Diabetic Retinopathy Drug Market Trends

Growth Drivers

  • Increasing Prevalence of Diabetes to Drive Market Growth
  • Rising Technological Advancements Associated with Diabetic Retinopathy Treatment to Expand Market

Challenges

  • Lack of Trained Ophthalmologists in Low Income Economies Restraining Market Growth

Diabetic Retinopathy Market: Key Insights

Base Year

2023

Forecast Year

2024-2036

CAGR

6.5%

Base Year Market Size (2023)

USD 8.91 billion

Forecast Year Market Size (2036)

USD 20.2 billion

Regional Scope
  • North America (U.S., and Canada)
  • Asia Pacific (Japan, China, India, Indonesia, South Korea, Malaysia, Australia, Rest of Asia Pacific)
  • Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Latin America (Mexico, Argentina, Brazil, Rest of Latin America)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Browse Key Market Insights with Data Illustration:

Author Credits:  Radhika Pawar


  • Report ID: 99
  • Published Date: Sep 19, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Rising occurrence of diabetes and growing technological advancements for retinopathy treatment to fuel market growth.

The market is anticipated to attain a noteworthy CAGR over the forecast period, i.e., 2021 – 2029.

Lack of skilled ophthalmologists in lower income economies is estimated to hamper the market growth.

Asia Pacific is estimated to provide more market growth opportunities on the back of increasing target patient pool and growing elderly population in the region.

The major players in the market are Pfizer Inc. Bayer AG, Abbott Laboratories, Novartis AG, and others.
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