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A research study titled, â€œDiabetic Retinopathy Market by Type, Treatment, and End User - Global Industry Analysis and Forecast to 2025â€ published by Crystal Market Research, states that the diabetic retinopathy market is projected to be around $2.6 billion by 2025.
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2025 - Crystal Market research
A research study titled, “Diabetic Retinopathy Market by Type, Treatment, and End User -
Global Industry Analysis and Forecast to 2025” published by Crystal Market Research, states
that the diabetic retinopathy market is projected to be around $2.6 billion by 2025.
For more information, click on the below link @
Diabetic retinopathy (DR) is a condition that occurs in individuals suffering from diabetes. It is a
severe sight-threatening problem of diabetes which progressively damages the light-sensitive
lining at the back of the eye i.e. retina. This condition occurs when blood vessels leak blood.
Therefore, the retinal tissue swells leading to blurred vision. If DR is not treated on time, it can
cause blindness. According to a study conducted by American Diabetes Association, 415 million
people worldwide suffered from diabetes and diabetes related complications as of 2015, and this
number is expected to reach 642 million by 2040.
Diabetic macular edema market is expected to witness high growth during forecast period. This
can be attributed to number of factors such as rise in prevalence of diabetic retinopathy, growing
aging population and the changing lifestyle. Anti-VEGF treatment segment accounted for the
largest share due to more usage of these medicines for quicker recovery of patients. However,
laser surgery segment is expected to witness high growth rate during the forecast period.
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North America dominated the global diabetic retinopathy market in 2016. This can be attributed
to number of factors such as increasing prevalence of diabetes, high adoption of advanced
products, and favorable reimbursement policies. Asia-Pacific is expected to witness high growth
rate, due to high patient population, increasing healthcare spending, and increased focus of
international players on emerging markets owing to growing preference for advanced healthcare
facilities and rising disposable income of people.
Major Market Players:
Diabetic retinopathy market is highly competitive in nature with the presence of large number of
players such as Bayer AG, F. Hoffmann-La Roche, Allergan plc, Alimera Sciences, Novartis
International AG, Pfizer, Regeneron Pharmaceuticals Inc., Ampio Pharmaceuticals., Abbott
Laboratories, and Valeant Pharmaceutical.
Key Findings of the Research Study:
U.S. dominated the North America market in 2016, due to high market penetration of drugs such
as Avastinand Eylea.
Europe occupied the second largest share of the global market in 2016. This can be attributed to
rise in diabetic population, high adoption of technologically advanced products, and rise in
demand for early screening techniques.
Asia-Pacific is expected to witness high growth rate during the forecast period due to large
diabetic population base and increasing awareness about diabetes and availability of treatment
Purchase the report @ https://www.crystalmarketresearch.com/checkout/HC0622
About Crystal Market Research:
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