Press Release

Retinal Disease Therapeutics Market Worth US$ 21,318.0 Mn by Top International Players Forecast 2026

Retinal Disease Therapeutics Market set for rapid growth forecast 2020-2025| Key Players: Merck, Novartis, Allergan, Roche, Regeneron Pharmaceuticals, Inc., Santen Pharmaceutical

Retinal Disease Therapeutics MarketThe Global Retinal Disease Therapeutics Market is likely to expand at an impressive rate driven by recent government participation towards the prevention and control of retinal diseases. According to a report published by Fortune Business Insights, titled “Retinal Disease Therapeutics: Global Market Analysis, Insights, and Forecast, 2019-2026,” the market is likely to reach US$ 21,318.0 Mn by the end of 2026. The market was valued at US$ 11,044.2 Mn in 2018 and is likely to witness a CAGR of 8.6% in the forecast period.

Key Companies and Manufacturers Covered:

The study covers key players operating in the market along with prime schemes and strategies implemented by each player to hold high positions in the industry. Such a tough vendor landscape provides a competitive outlook of the industry, consequently existing as a key insight.

  • Merck
  • Novartis
  • Allergan
  • Roche
  • Regeneron Pharmaceuticals, Inc.
  • Santen Pharmaceutical

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  1. Hoffmann-La Roche AG’s ‘Lucentis’ is Gaining Increasing Popularity

The diabetic retinopathy is a severe kind of disorder that has accounted for the majority of cases of blindness in the US. Lucentis was an instant hit among healthcare professionals after it was backed by a series of clinical trials and approvals from the National Institute of Health (NIH).

One such instance of this development is the “Lucentis” therapy, put forward by F. Hoffmann-La Roche AG. Lucentis was introduced to provide therapeutic advice and development of products for patients suffering from chronic disease. In 2017, the Food and Drug Administration (FDA) approved Lucentis for diabetic retinopathy.

Report Highlights:

  • Detailed Historical Overview
  • Consumer and Pricing Analysis
  • Market Dynamics of the Industry
  • In-depth Market Segmentation
  • Historical and Projected Market Sizing in Terms of Value
  • Recent Market Trends and Impact Factors
  • R&D Status and Technology Overview
  • Extensive Industry Structure Coverage

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North America to Emerge Dominant in the Forecast Period

The increasing government investment towards research and development of retinal disease drugs and diagnostic devices is enabling growth in the retinal diseases therapeutics market in North America. North America has emerged dominant in the global retinal disease therapeutics market in recent years. The Retinal Disease Therapeutics Market in North America was valued at US$ 4056.5Mn in 2018 and is likely to increase in the coming years.

Improved health infrastructures, increasing patient pool, and favorable health reimbursement policies are some of the factors that are likely to boost the regional market in the forthcoming years. High prevalence of retinal diseases in the Asia Pacific is a major reason why this region is estimated to rise with the highest CAGR in the forecast period.

Reasons to Purchase this Report:

  • Estimates Retinal Disease Therapeutics Market trends with SWOT analysis.
  • Detailed business profiles including product offerings, recent developments, key financial information, and strategies employed by main market players.
  • Analysis of various regions and countries that includes the demand and supply based actions, which consequently have a major influence on the market’s expansion.
  • Market dynamics and opportunities for growth for players in the near future.
  • Competitive landscape describing the market revenue shares of key players.
  • Market segmentation analysis that deals with quantitative and qualitative research, discussing the influence of policy-based and economical aspects.

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Dale Martinez

Dale possesses an engineering degree in Electronics from the Georgia Institute of Technology. She is the sole contributor at the Healthcare IT column. Before opting to write, Dale worked at major firms such as Microsoft, Amazon, GE, Raytheon, and so on. She possesses vast knowledge about a variety of fields like IT, IoT, Telecommunications, Health Dialysis, photovoltaic, and many others. Dale is also a ballet dancer.

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