The 7 major retinal edema markets reached a value of US$ 5.9 Billion in 2023. Looking forward, IMARC Group expects the 7MM to reach US$ 13.5 Billion by 2034, exhibiting a growth rate (CAGR) of 7.84% during 2024-2034.
Report Attribute
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Key Statistics
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Base Year |
2023
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Forecast Years | 2024-2034 |
Historical Years |
2018-2023
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Market Size in 2023
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US$ 5.9 Billion |
Market Forecast in 2034
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US$ 13.5 Billion |
Market Growth Rate 2024-2034
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7.84% |
The retinal edema market has been comprehensively analyzed in IMARC's new report titled "Retinal Edema Market: Epidemiology, Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2034". Retinal edema refers to the accumulation of fluid in the layers of the retina, the light-sensitive tissue lining the back of the eye. This condition is often a result of various underlying issues, such as diabetic retinopathy, macular degeneration, retinal vein occlusion, or inflammatory diseases. The symptoms of the illness can vary but commonly include blurred or distorted vision, decreased visual acuity, and the perception of floating spots or floaters. Individuals suffering from the ailment might also experience changes in color perception and difficulty with low-light vision. Since these symptoms can overlap with other eye conditions, an accurate diagnosis is crucial. The diagnosis of retinal edema typically involves a comprehensive eye examination, which may include visual acuity tests and optical coherence tomography (OCT) to visualize retinal layers and fluid accumulation. A healthcare provider will also conduct fluorescein angiography to evaluate blood flow within the retina and detect any abnormalities.
The increasing cases of diabetic retinopathy, macular degeneration, and retinal vein occlusion, which can cause microvascular abnormalities and disruptions in the retinal barrier, are primarily driving the retinal edema market. In addition to this, the inflating utilization of effective therapeutic approaches, including anti-VEGF agents, corticosteroids, non-steroidal anti-inflammatory drugs (NSAIDs), etc., to effectively manage the condition and mitigate further visual impairment, is creating a positive outlook for the market. Moreover, the widespread adoption of advanced retinal imaging techniques, that enable precise visualization of retinal structures and facilitate early detection of edema is also bolstering the market growth. Apart from this, the rising usage of personalized medicine, wherein treatment strategies are tailored to individual patient profiles, including their genetic predispositions and response to therapies, is acting as another significant growth-inducing factor. Additionally, the emerging popularity of vitreoretinal surgery, owing to its numerous advantages, such as enhancing patient's quality of life, reducing macular thickness, and preventing associated complications, is also augmenting the market growth. Furthermore, the escalating demand for regenerative therapies, encompassing stem cell-based approaches and gene editing techniques, to help in addressing the root causes of the illness, is expected to drive the retinal edema market during the forecast period.
IMARC Group's new report provides an exhaustive analysis of the retinal edema 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 retinal 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 retinal 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 retinal edema marketed drugs and late-stage pipeline drugs.
In-Market Drugs
Late-Stage Pipeline Drugs
Drugs | Company Name |
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Lucentis (Ranibizumab) | Genentech/Novartis Ophthalmics |
Eylea (Aflibercept) | Bayer/Regeneron Pharmaceuticals/Sanofi |
Ozurdex (Dexamethasone ophthalmic) | AbbVie |
Vabysmo (Faricimab) | Roche |
Byooviz (Ranibizumab biosimilar) | Samsung Bioepis |
MYL-1701P | Momenta Pharmaceuticals/Viatris |
KSI 301 | Kodiak Sciences |
APX3330 | Ocuphire Pharma |
THR-149 | Oxurion |
OXU-001 | Oxular |
*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
Retinal Edema: Current Treatment Scenario, Marketed Drugs and Emerging Therapies