"Retinal Biologics Market Market– Industry Trends and Forecast to 2030
Global Retinal Biologics Market, By Diseases Indication (Macular Degeneration, Diabetic Retinopathy, Retinal Vein, Occlusion), Drug Class (VEGF-A Antagonist, TNF-a Inhibitor), End-Users (Hospitals, Homecare, Speciality Centres, Others), Distribution Channel (Hospital Pharmacy, Online Pharmacy, Retail Pharmacy) – Industry Trends and Forecast to 2030.
Data Bridge Market Research analyses a growth rate in the retinal biologics market in the forecast period 2023-2030. The expected CAGR of retinal biologics market tends to be around 11.6% in the mentioned forecast period. The market was valued at USD 22.2 billion in 2022 and would grow to USD 53.42 billion by 2030. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
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Retinal biologic are typically characterized as a large, complex molecules that is made from living cells or tissue. These products made treatment for numerous diseases simple, effective, and also inexpensive. They are technically advanced materials that can help in curing the disease. For instance, age-related macular degeneration (AMD) is the most common type of retinal disease that is related with aging and is a top cause of blindness among people above 50 years of age.
**Segments**
- **Type**: The retinal biologics market can be segmented based on the type of biologics, including anti-VEGF drugs, corticosteroids, and others. Anti-VEGF drugs are the most commonly used biologics for treating retinal diseases such as age-related macular degeneration (AMD) and diabetic retinopathy.
- **Indication**: Another key segment is based on the indication for which retinal biologics are used. This includes macular degeneration, diabetic retinopathy, diabetic macular edema, and other retinal diseases. Each indication requires specific treatment approaches with different biologics.
- **End User**: The end user segment in the retinal biologics market comprises hospitals, specialty clinics, and ambulatory surgical centers. Hospitals are the primary end users due to the availability of advanced infrastructure and skilled healthcare professionals for performing retinal surgeries and administering biologic therapies.
**Market Players**
- **Novartis AG**: Novartis is a leading player in the retinal biologics market with its flagship anti-VEGF drug Lucentis. The company focuses on research and development to introduce innovative biologics for retinal diseases.
- **Regeneron Pharmaceuticals, Inc.**: Regeneron is known for its anti-VEGF drug Eylea, which is widely used for treating retinal disorders. The company invests heavily in clinical trials and collaborations to expand its product portfolio in the retinal biologics market.
- **Roche (Genentech)**: Roche, through its subsidiary Genentech, offers a range of retinal biologics, including Lucentis and Avastin. The company leverages its expertise in biotechnology to develop advanced therapies for retinal diseases.
- **Allergan (AbbVie)**: Allergan, now a part of AbbVie, is a key player in the retinal biologicsNovartis AG, Regeneron Pharmaceuticals, Inc., Roche (Genentech), and Allergan (now part of AbbVie) are some of the major players in the retinal biologics market. These companies are at the forefront of developing innovative biologics for the treatment of various retinal diseases like age-related macular degeneration (AMD), diabetic retinopathy, and diabetic macular edema. Novartis is a key player with its flagship anti-VEGF drug Lucentis, which has been successful in treating retinal disorders. The company's focus on research and development continues to drive the introduction of cutting-edge biologics in the market. Regeneron Pharmaceuticals is renowned for its anti-VEGF drug Eylea, which has emerged as a prominent therapy for retinal diseases. The company's strategic investments in clinical trials and collaborations are aimed at expanding its product portfolio and market presence. Roche, through its subsidiary Genentech, offers a diverse range of retinal biologics such as Lucentis and Avastin. Leveraging its expertise in biotechnology, Roche continues to develop advanced therapies for retinal diseases, solidifying its position in the market. Allergan, now part of AbbVie, is another significant player in the retinal biologics space. The company's portfolio includes biologics that cater to different retinal conditions, contributing to the overall growth and innovation in the market.
Market analysis indicates a steady rise in the demand for retinal biologics, driven by the increasing prevalence of retinal diseases globally. Factors such as an aging population, lifestyle changes, and rising incidences of diabetes are propelling the need for advanced treatment options like biologics. The market is witnessing significant investments in research and development by key players to introduce novel therapies and enhance treatment outcomes for patients. Moreover, collaborations between pharmaceutical companies, research institutions, and healthcare providers are fostering the development of innovative**Segments**
- **Type**: The retinal biologics market can be segmented based on the type of biologics, including anti-VEGF drugs, corticosteroids, and others. Anti-VEGF drugs are the most commonly used biologics for treating retinal diseases such as age-related macular degeneration (AMD) and diabetic retinopathy.
- **Indication**: Another key segment is based on the indication for which retinal biologics are used. This includes macular degeneration, diabetic retinopathy, diabetic macular edema, and other retinal diseases. Each indication requires specific treatment approaches with different biologics.
- **End User**: The end user segment in the retinal biologics market comprises hospitals, specialty clinics, and ambulatory surgical centers. Hospitals are the primary end users due to the availability of advanced infrastructure and skilled healthcare professionals for performing retinal surgeries and administering biologic therapies.
**Market Players**
Novartis AG, Regeneron Pharmaceuticals, Inc., Roche (Genentech), and Allergan (now part of AbbVie) are some of the major players in the retinal biologics market. These companies are at the forefront of developing innovative biologics for the treatment of various retinal diseases like age-related macular degeneration (AMD), diabetic retinopathy, and diabetic macular edema. Novartis is a key player with its flagship anti-VEGF drug
Table of Content:
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Global Retinal Biologics Market Landscape
Part 04: Global Retinal Biologics Market Sizing
Part 05: Global Retinal Biologics Market Segmentation by Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
Retinal Biologics Key Benefits over Global Competitors:
- The report provides a qualitative and quantitative analysis of the Retinal Biologics Market trends, forecasts, and market size to determine new opportunities.
- Porter’s Five Forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make strategic business decisions and determine the level of competition in the industry.
- Top impacting factors major investment pockets are highlighted in the research.
- The major countries in each region are analyzed and their revenue contribution is mentioned.
- The market player positioning segment provides an understanding of the current position of the market players active in the Personal Care Ingredients
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