Article -> Article Details
| Title | Retina Health Market Report Analysis, Opportunities, Top Key Players and Forecast to 2030 |
|---|---|
| Category | Fitness Health --> Health Articles |
| Meta Keywords | Retina Health Market, Retina Health Market Size, Retina Health Market Industry, Retina Health Market Research, Retina Health Market Analysis |
| Owner | Vaibhav |
| Description | |
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One of the main
reasons influencing the market is the rising occurrences of visual impairment
and myopia population, notably during the COVID-19 pandemic, due to increased
screen usage and participation in virtual meetings while working from home.
High myopia is associated with a higher chance of developing several chronic
eye conditions, including cataracts, glaucoma,
and age-related macular degeneration. The market is also being driven by an
increase in the choice of eye health supplements among older people and
millennials who are more prone to digital eye strain and myopia. The number of
retinal illnesses such as diabetic retinopathy and diabetic macular edema is
increasing due to the increased incidence of diabetes in emerging economies. By 2030, the Retina
Health Market is anticipated to grow at a CAGR of
7.01% and reach USD 24.22 billion. Retina Health Market Trends and Analysis by Treatment, by
Disease Indication, and Region—Forecast till 2030 During the
projected period, the market for retinal disease treatments is anticipated to
rise as more skilled experts become available around the globe that specialize
in the treatment of retinal diseases. Millions of people worldwide are affected
by two major retinal diseases, macular degeneration, and diabetic retinopathy.
The increasing frequency of retinal disorders worldwide and the increase in
strategic initiatives are credited with driving the expansion of the global
market for retinal health. Additionally, it is anticipated that the market will
experience profitable growth during the projected period due to rising attempts
by both public and private organizations to raise awareness about retinal
diseases. However, it is projected that the dearth of knowledge about retinal
illnesses may impede market expansion. Major Key
Players: The Key Retina Health Market
Players are Regenxbio Inc. (US), Spark Therapeutics, Inc. (Us), Gensight
Biologics (France), Hemera Biosciences LLC (US), Meiragtx Limited (US),
Allergan Plc (Subsidiary Of AbbVie Inc.) (Ireland), Oxford Biomedica Plc (UK),
Santen Pharmaceuticals Inc. (Japan), Novartis AG (Switzerland), and Applied
Genetic Technologies Corporation (AGTC) (US). Segment Analysis By disease indication, the market includes diabetic
retinopathy, age-related macular degeneration, inherited retinal diseases,
and retinoblastoma. By treatment,
the market includes drugs, Retinal Disease Therapeutics, and surgery. Regional Analysis Due to several factors, including
the high prevalence of retinal illnesses and significant market participants in
the region, the North American retina health market report is expanding. Due to reasons like the
high prevalence of wet AMD, rising diabetes rates, and a large number of
elderly individuals, the European retina health market is expanding. Due to its
weak economy, inadequate healthcare infrastructure, dearth of qualified
experts, and low public awareness, the remainder of the world is predicted to
have a slower CAGR than other regions. However, the market is expected to
expand significantly throughout the projected period in the Asia-Pacific
region. Numerous local market participants supply cutting-edge and reasonably
priced eye health supplements, and contract production centers for these
products emerged. About Market Research
Future At Market Research Future (MRFR), we enable our
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