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Diabetic Retinopathy Market Projected to Grow Radiantly by 2025; Asserts MRFR Unleashing the Forecast for 2019-2027

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Tejender kumar
Diabetic Retinopathy Market Projected to Grow Radiantly by 2025; Asserts MRFR Unleashing the Forecast for 2019-2027

Diabetic Retinopathy Market Scenario

The global diabetic retinopathy market is predicted to expand at 11.9 % CAGR during the forecast period (2018-2025), asserts Market Research Future (MRFR). This can be attributed to the growing patient population over the years. Diabetic retinopathy is usually referred to eye diseases in diabetic patients. High blood sugar level causes the blood vessels in the retina to damage which results in leakage and swelling of the blood vessels, thus stopping blood to pass through. Some of the common symptoms of diabetic retinopathy involve blurred vision, vision loss, dark strings or spots floating in the vision, impaired color vision, and empty or dark areas in your vision.

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Market Segmentation:

By type, the global diabetic retinopathy market has been segmented into non-proliferative diabetic retinopathy and proliferative advanced diabetic retinopathy.

By diagnosis, the diabetic retinopathy market has been segmented into fluorescein angiography and optical coherence tomography.

By treatment, the global diabetic retinopathy market has been segmented into laser treatment, anti-VEGF Therapy, vitrectomy, and others. The laser treatment is sub-segmented into focal laser treatment and scatters laser treatment.

By end-user, the diabetic retinopathy market has been segmented into hospitals and clinics, diagnostic centers, research institutes, and others.

Regional Analysis:

America is the largest market for diabetic retinopathy with an increase in the number of specialty care centers for diabetes management and availability of diagnostic and treatment services in the market. In North America, the U.S. is the market which is driven by the presence of key players in the market and increasing focus on preventive care for various chronic diseases such as diabetes, obesity, and others.

In Europe, factors determining the growth of the market are increasing the prevalence of diabetes and emphasis on continuous health monitoring and early diagnosis. Furthermore, on-going research activities are also expected to boost the market growth during the forecast period.

In Asia Pacific, the diabetic retinopathy market is expected to exhibit an upright growth in the coming future. The market growth is driven by the rising geriatric population, huge patient population, and increasing demand for treatment services for diabetes. China harbors a huge geriatric population, thereby increasing the risk of various chronic diseases such as diabetes, cardiovascular diseases, and others.

The market in the Middle East and Africa is driven by the increasing number of specialty care services in countries such as the United Arab Emirates and Saudi Arabia and the growth of the healthcare industry. In Africa, the prevalence of non-communicable diseases is found to be increasing, thereby accelerating the growth of the market.

Competitive Analysis

Some of the prominent players operating the global market for diabetic retinopathy are BCN Peptides (Spain), Ampio Pharmaceuticals (U.S.), Novartis AG (Germany), Kowa Group (Japan), Bayer (Germany), Alimera Sciences (U.S.), Glycadia Pharmaceuticals (U.S.), Genentech (U.S.), Sirnaomics (U.S.), Actavis Plc (U.K.), Regeneron Pharmaceuticals Inc. (U.S.), ThromboGenics (U.S.), and others.

LIST OF TABLES

TABLE 1 GLOBAL DIABETIC RETINOPATHY MARKET SYNOPSIS, 2020–2027

TABLE 2 GLOBAL DIABETIC RETINOPATHY MARKET ESTIMATES AND FORECAST, 2020–2027 (USD MILLION)

TABLE 3 GLOBAL DIABETIC RETINOPATHY MARKET, BY TYPE, 2020–2027 (USD MILLION)

TABLE 4 GLOBAL DIABETIC RETINOPATHY MARKET, BY TREATMENT, 2020–2027 (USD MILLION)

TABLE 5 GLOBAL DIABETIC RETINOPATHY MARKET, BY END USER, 2020–2027 (USD MILLION)

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About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans conducts meet with the industry experts and industrial visits for its research analyst members.

Contact:

Market Research Future

Office No. 528, Amanora Chambers

Magarpatta Road, Hadapsar,

Pune – 411028

Maharashtra, India

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