Market Size in 2021 | Market Forecast in 2028 | CAGR (in %) | Base Year |
---|---|---|---|
USD 10,271.4 Million | USD 15,675.74 Million | 7.30% | 2021 |
FrequentlyAsked Questions
The increased prevalence of retinal illnesses worldwide, as well as the demand for effective and economical treatment alternatives, has fueled the industry. In addition, the growing geriatric population is also expected to significantly impact the entire industry. Over the projected period, strong pipeline products are expected to be one of the primary drivers driving the market for retinal condition therapy.
According to the report, the global Retinal Disorder Treatment market was worth 10,271.40 (USD million) in 2021 and is predicted to grow to 15,675.74 (USD million) by 2028, with a compound annual growth rate (CAGR) of around 7.30%.
North America dominated the Retinal Disorder Treatment Market in 2021. Eye illnesses are seen as a persistent issue in the United States and other countries throughout the world. Because of increased macular degeneration, uveitis, diabetic retinopathy, and other diseases, America accounted for the largest market. The rising prevalence of retinal diseases is likely to fuel the expansion of the retinal disorder treatment market in this area.
Some of the main competitors dominating the Global Retinal Disorder Treatment market include - Santen Pharmaceutical Co., Ltd., REGENERON, Graybug Vision, Inc., Genentech, Inc., Shire (Takeda Pharmaceutical Company Limited), Bayer AG, Pfizer, Inc. and Acucela Inc.
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