The 7 major dry age macular degeneration markets are expected to exhibit a CAGR of 4.64% during 2024-2034.
Report Attribute
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Key Statistics
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Base Year
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2023
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Forecast Years
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2024-2034
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Historical Years
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2018-2023
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Market Growth Rate 2024-2034 | 4.64% |
The dry age macular degeneration market has been comprehensively analyzed in IMARC's new report titled "Dry Age Macular Degeneration Market: Epidemiology, Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2034". Dry age macular degeneration is a common eye disorder that mostly affects indiviuals upon aging. This condition causes thinning of the macula's inner layers, which are responsible for detail perception as well as central and color visions. In most cases, vision may deteriorate over time and impair one's ability to drive, read, and recognize faces. Individuals suffering from this ailment may experience a need for brighter light when reading or doing close work, blank or dark spots in the field of vision, increased difficulty adapting to low light levels, straight lines looking crooked or wavy, blurred or diminished central vision, etc. The diagnosis of dry age macular degeneration typically requires a review of the patient's symptoms, medical history, and dilated eye examination. During an eye workup, the healthcare provider will evaluate characteristic changes or abnormalities in the retina and macula, such as the presence of small yellowish deposits called drusen. Numerous other tests to assess visual function, including fluorescein angiography and optical coherence tomography, are also recommended to diagnose dry age macular degeneration.
The expanding geriatric population, who are more susceptible to the degradation of cells in the macula, thereby resulting in scarring of the retina, is primarily driving the dry age macular degeneration market. Additionally, the increasing prevalence of several associated risk factors, such as smoking, obesity, high blood pressure, an inadequate diet, etc., is also propelling the market growth. Moreover, the widespread demand for antioxidant vitamins and minerals, including vitamin C and E, beta-carotene, zinc, copper, etc., which reduce cellular damage by deactivating free radicals in the retina, is further creating a positive outlook for the market. Apart from this, the escalating adoption of anti-angiogenic drugs, such as ranibizumab and aflibercept, that can be directly injected into the eye to help slow the progression of abnormal blood vessels and provide symptom relief is acting as another significant growth-inducing factor. Furthermore, the rising utilization of laser photocoagulation therapy owing to its various advantages, including resolution of drusen, prevention of vision loss, and improvement in quality of life for affected people, is expected to drive the dry age macular degeneration market during the forecast period.
IMARC Group's new report provides an exhaustive analysis of the dry age macular degeneration market in the United States, EU5 (Germany, Spain, 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 dry age macular degeneration 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 dry age macular degeneration 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 dry age macular degeneration marketed drugs and late-stage pipeline drugs.
In-Market Drugs
Late-Stage Pipeline Drugs
Drugs | Company Name |
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RPESC RPE 4W | Luxa Biotechnology |
AAVCAGsCD59 | Janssen Research & Development |
QA102 | Smilebiotek Zhuhai Limited |
Risuteganib | Allegro Ophthalmics |
CPCB RPE1 | Regenerative Patch Technologies |
*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
Dry Age Macular Degeneration: Current Treatment Scenario, Marketed Drugs and Emerging Therapies