The global Retinal Vein Occlusion Treatment Market is predicted to be worth US$ 2.3 billion in 2023, with a compound yearly growth rate (CAGR) of 5.9% to reach US$ 4.7 billion by 2033. One of the most prevalent retinal vascular problems in the elderly is retinal vein occlusion, which affects persons over the age of 65. The risk of retinal vein blockage increases with age. As the geriatric population grows, the prevalence of retinal vein blockage is expected to climb.
North America had a significant percentage of the worldwide retinal vein occlusion market in 2022 due to numerous upgraded medical facilities, an increase in the occurrence of eye ailments, technological improvements, and an increase in the ageing population. The Asia Pacific retinal vein occlusion market is anticipated to grow at a 6.5% CAGR between 2023 and 2033. Rising ocular illness prevalence in Asia Pacific, particularly in China, Singapore, Indonesia, and other Southeast Asian countries, as well as rising health expenditures, are expected to drive market expansion in East and South Asia from 2023 to 2033. Europe is expected to have the second-largest share of the market during the forecast years. The rise of a huge older population, along with elevated healthcare spending, is driving the retinal vein occlusion market expansion in this region.
In 2022, the branch retinal vein occlusion sector grew the most in terms of worldwide retinal vein occlusion medicines revenue. As the prevalence of high blood pressure, cardiovascular disease, and glaucoma rises, this sector is likely to dominate the market.
Market Competition
Key players in the retinal vein occlusion treatment market are AbbVie, Roche, Regeneron Pharmaceuticals, Taiwan Liposome Company, Aerie Pharmaceuticals, Graybug Vision, Kodiak Sciences Inc., Chugai Pharmaceuticals, and Novartis AG among others.
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Key Segments Profiled in the Retinal Vein Occlusion Treatment Industry Survey
By Drug Class:
- Ranibizumab
- Dexamethasone
- Aflibercept
- Bevacizumab
By Type:
- Central Retinal Vein Occlusion
- Branch Retinal Vein Occlusion
By Diagnosis:
- Optical Coherence Tomography
- Fundoscopic Examination
- Fluorescein Angiography
By End User:
- Hospitals
- Research and Academics
- Specialty Clinics
Moreover, the growing number of patients affected with lymphoma and multiple myeloma is also fueling the growth of the global retinal vein occlusion market.According to the Centers for Disease Control and Prevention, in 2014, around 47,135 people were diagnosed with leukemia and out of which 23,564 people died from the disease.
According to the American Cancer Society, around 4% of all cancers in the United States is lymphoma, additionally, it is estimated that in 2018, about 74,680 people including both adults and children will be diagnosed with lymphoma and around 19,910 people will die from this.
Avail the in-depth table of content TOC & market synopsis on “retinal vein occlusion market research report–Global forecast till 2023.”Major Players in the Retinal Vein Occlusion MarketSome of the key players in this market are Allergan, Bayer, Bristol-Myers Squibb, Regeneron Pharmaceuticals, Ellex Medical Lasers, GlaxoSmithKline Plc, IRIDEX Corporation, Novartis, Quantel Medical Inc, Topcon Medical Systems, Inc., ZEISS, Lumenis, Sanofi Aventis, Valeant Pharmaceuticals, Alimera Sciences, Fovea Pharmaceuticals SA, Icon Biosciences, Suzuken Co.Ltd, Genentech, Inc., Ranbaxy Pharmaceuticals, Johnson & Johnson Services, Inc, Teva Pharmaceutical, Pfizer Inc., Astrazeneca, Aerpio Therapeutics Inc, Annexin Pharmaceuticals AB and others.The global retinal vein occlusion market consists of four regions: the Americas, Europe, Asia Pacific, and the Middle East & Africa.The Americas dominate the global retinal vein occlusion market owing to the increasing prevalence of eye diseases.
Additionally, high healthcare spending, well-developed technology, and increasing geriatric population will fuel the growth of the market.
Also, many European countries are trying to encourage the manufacturers for research & development for the introduction of advanced devices.
Additionally, growing geriatric population is also fueling the growth of the market in this region.On the other hand, the Middle East & Africa holds the least share but will be a fastest growing region in the forecast period.
This report on the Global Retinal Vein Occlusion Market provides a global 360-degree perspective of the industry while taking into consideration historical data as well as providing accurate estimations of the future scope of the market.
This make it easier for the stakeholders of the report to utilize this information and incorporate changes in their business policies and be well informed about the market dynamics.
It also provides an insight into the competitive landscape of the market highlighting key competitors, major manufacturers dominating the Retinal Vein Occlusion Market, while also providing an analysis of the market share and revenue generation figures.Ask for report free sample with complete TOC and list of tables/figures @ https://www.datalibraryresearch.com/sample-request/retinal-vein-occlusion-market-2221Global Retinal Vein Occlusion Market Competitive Analysis:GlaxoSmithKline plc,Sanofi,Johnson & Johnson Services, Inc.,AstraZeneca,Bausch & Lomb Incorporated,Bristol-Myers Squibb Company,Bayer AG,Sun Pharmaceutical Industries Ltd.,Regeneron, Drivers & ConstraintsThe report largely stresses on the importance of market dynamics in understanding the Retinal Vein Occlusion Market industry.
It also includes the impact that governmental policies in different regions has on the market growthFor More Enquiry and Discount related quarries: https://www.datalibraryresearch.com/enquiry/retinal-vein-occlusion-market-2221Regional DescriptionThe report provides an in-depth detailed analysis of the regions that the Retinal Vein Occlusion Market spans across.
Sales revenues, population, production rates, consumption rates, existence of key manufacturers in regions are all points that have been touched base upon in the report providing an overall comparison of each of the regions covered in the report.
Additionally, the report also calls out regions that have showed maximum growth in the past as well as regions that emerged as leaders of the market in historic years.
Retinal Vein Occlusion Market: IntroductionAccording to the report, the global retinal vein occlusion market was valued at US$ 15.6 Bn in 2020 and is projected to expand at a CAGR of 7.3% from 2021 to 2031.
Retinal vein occlusion is the blockage of the retinal vein due to blood clot.
A blood clot causes a blockage in the vein, which starts draining blood from retina, resulting in swelling and bleeding, affecting the vision of the person.
Rise in prevalence of eye diseases globally, increase in the geriatric population, surge in awareness about eye disorders, improved healthcare infrastructure, technological advancements, and upcoming novel treatments are the major drivers of the global retinal vein occlusion market.Request Brochure – https://www.transparencymarketresearch.com/sample/sample.php?flag=B_id=60489North America held major share of the global retinal vein occlusion market in 2020 due to improved healthcare infrastructure, rise in prevalence of eye diseases, advanced technology, and increase in the geriatric population.
The central retinal vein occlusion segment dominated the global retinal vein occlusion market in 2020, and the trend is projected to continue during the forecast period.Request COVID Analysis on Retinal Vein Occlusion Market – https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19_id=60489 Anti-VEGF Drugs Held Major Share of Global MarketBased on treatment type, the global retinal vein occlusion market has been classified into anti-VEGF drugs, corticosteroid drugs, pan-retinal photocoagulation therapy, and laser therapy.
India and China are likely to be lucrative markets for retinal vein occlusion treatment during the forecast period.Buy Retinal Vein Occlusion Market Report– https://www.transparencymarketresearch.com/checkout.php?rep_id=60489=SGrowth Strategies of Key PlayersKey players operating in the global retinal vein occlusion market are Alimera Sciences, Allergan (AbbVie, Inc.), Annexin Pharmaceuticals AB (publ), Bayer AG, Carl Zeiss AG, F. Hoffmann-La Roche Ltd., Iridex Corporation, Lumenis, Nidek Co., Ltd., Novartis AG, Regeneron Pharmaceuticals, Inc., and Topcon Corporation.
Herbal Treatment for Retinal Vein Occlusion read the Symptoms and Causes.
Retinal Vein Occlusion is a blockage of the small veins that carry blood away from the retina.
It's a common retina disorder and a major cause of vision loss.
