Retinopathy of Prematurity Market Size

Retinopathy of Prematurity Market size is expected to reach USD 14 Million by the end of 2036, growing at a CAGR of 5% during the forecast period, i.e., 2024-2036. In the year 2023, the industry size of retinopathy of prematurity was USD 9 Million. There has been a rise fir premature births which leads to abnormal development of retinal blood vessels due to an imbalance of certain growth factors in the eyes. According to the World Health Organization (WHO), an estimated 13.4 million babies were born too early in 2020.

In addition, the growing popularity and awareness of supportive care practices and efforts to build a conducive environment for preterm infants’ overall growth and organ maturation boost the market. Moreover, premature infants need careful monitoring, so regular health check-ups and vaccination of premature kids stimulate the retinopathy of the premature market.