The 7 major diabetic macular edema market reached a value of US$ 5.4 Billion in 2023. Looking forward, IMARC Group expects the 7MM to reach US$ 7.5 Billion by 2034, exhibiting a growth rate (CAGR) of 3.07% during 2024-2034.
Report Attribute
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Key Statistics
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Base Year | 2023 |
Forecast Years | 2024-2034 |
Historical Years |
2018-2023
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Market Size in 2023
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US$ 5.4 Billion |
Market Forecast in 2034
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US$ 7.5 Billion |
Market Growth Rate 2024-2034
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3.07% |
The diabetic macular edema market has been comprehensively analyzed in IMARC's new report titled “Diabetic Macular Edema Market: Epidemiology, Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2034”. Diabetic macular edema refers to a condition in which th small blood vessels in the retina are damaged as a result of diabetes, leading to swelling or accumulation of fluid in the macular, it often develops gradually and may not cause noticeable symptoms in the early stages. As the disease progresses, individuals might experience blurring of distortion of central vision, difficulty seeing fine details, or changes in color perception. In some cases, they may also notice blind spots or dark spots in their vision. In advanced stages, vision might become increasingly impaired, making it difficult to read, drive, or carry out other daily activities. The ailment is diagnosed through a comprehensive eye exam by an ophthalmologist. During the examination, the eye doctor will perform a visual acuity test to determine the clarity of vision and a dilated eye exam to assess the retina and optic nerve. Several specialized tests, such as optical coherence tomography (OCT) and fluorescein angiography (FA), are also utilized to evaluate the serverify as well as the extent of the ailment.
The increasing cases of high blood sugar levels in diabetic individuals, which damage the blood vessels in the retina, are primarily driving the diabetic macular edema market. In addition to this, the rising prevalence of several associated risk factors, including chronic inflammation, oxidative stress, accumulation of advanced glycation end products (AEGF) drugs, such as ranibizumab, aflibercept, bevacizumab, etc., for reducing fluid leakage in the macular and improving vision is acting as another growth-inducing factor. Additionally, the inflating utilization of vitrectomy, a surgical procedure in which the vitreous gel in the eye is removed and replaced with a clear saline solution, to treat cases where there is significant bleeding in the eye is further augmenting the market growth. Apart from this, the emerging popularity of subthreshold micropulse laser therapy over traditional laser therapy on account of its several associated benefits, including lower risk of damage to the retina, reduced discomfort during treatment, shorter recovery time, etc., is expected to drive the diabetic macular edema market in the coming years.
IMARC Group's new report provides an exhaustive analysis of the diabetic macular edema market in the United States, EU5 (Germany, Italy, France, and United Kingdom) and Japan. This includes treatment practices, in-market, and pipeline drugs, share of individual therapies, market performance across the seven major markets, market performance of key companies and their drugs, etc. The report also provides the current and future patient pool across the seven major markets. According to the report the United States has the largest patient pool for diabetic macular edema and also represents the largest market for its treatment. Furthermore, the current treatment practice/algorithm, market drivers, challenges, opportunities, reimbursement scenario and unmet medical needs, etc. have also been provided in the report. This report is a must-read for manufacturers, investors, business strategists, researchers, consultants, and all those who have any kind of stake or are planning to foray into the diabetic macular edema market in any manner.
Time Period of the Study
Countries Covered
Analysis Covered Across Each Country
This report also provides a detailed analysis of the current diabetic macular edema marketed drugs and late-stage pipeline drugs.
In-Market Drugs
Late-Stage Pipeline Drugs
Drugs | Company Name |
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Ozurdex (Dexamethasone ophthalmic) | AbbVie |
Iluvien (Fluocinolone acetonide) | Alimera/EyePoint Pharmaceuticals |
Vabysmo (Faricimab) | Roche |
Lucentis (Ranibizumab) | Genentech/Novartis Ophthalmics |
Eylea (Aflibercept) | Bayer/Regeneron Pharmaceuticals/Sanofi |
MYL1701P | Momenta Pharmaceuticals/Viatris |
KSI 301 | Kodiak Sciences |
APX3330 | Ocuphire Pharma |
THR149 | Oxurion |
EXN 407 | Exonate |
*Kindly note that the drugs in the above table only represent a partial list of marketed/pipeline drugs, and the complete list has been provided in the report.
Market Insights
Epidemiology Insights
Diabetic Macular Edema: Current Treatment Scenario, Marketed Drugs and Emerging Therapies