Diabetic Retinopathy Market Scenario
The global Diabetic Retinopathy Market Size 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:
The global diabetic retinopathy market, by region, has been segmented into the Americas, Europe, Asia Pacific, and the Middle East & Africa. Americas is expected to hold the largest share of the global market over the assessment period. Led by the U.S., this region is poised to benefit from the rising awareness about the disease and the increasing demand for early diagnosis. An upsurge in demand for diagnostic tests is also projected to be witnessed in the diabetic retinopathy market across the review period. The consolidation of key players in the region is further prognosticated to augment the regional diabetic retinopathy market in the foreseeable future.
The increasing patient population and availability of diagnosis for diabetes are driving the market growth in Europe. Germany is anticipated to contribute substantially over the next couple of years. Other factors forecasted to aid the proliferation of the diabetic retinopathy market in the region are high demand for early diagnosis, increasing research & development, changing lifestyle, etc.
Factors such as high prevalence of chronic diseases, presence of a huge geriatric population, lifestyle changes, etc. are poised to expedite the growth trajectory of the diabetic retinopathy market in Asia Pacific. Meanwhile, the Middle East & Africa is expected to exhibit steady growth driven by the increasing demand for diabetes management.
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.
Table Of Contents
REPORT PROLOGUE
MARKET INTRODUCTION
2.1. Definition
2.2. Scope Of The Study
2.2.1. Research Objective
2.2.2. Assumptions
2.2.3. Limitations
RESEARCH METHODOLOGY
3.1. Overview
3.2. Primary Research
3.3. Secondary Research
3.4. Market Size Estimation
MARKET DYNAMICS
4.1. Overview
4.2. Drivers
4.3. Restraints
4.4. Opportunities
MARKET FACTOR ANALYSIS
5.1. Porter’s Five Forces Analysis
5.1.1. Bargaining Power Of Suppliers
5.1.2. Bargaining Power Of Buyers
5.1.3. Threat Of New Entrants
5.1.4. Threat Of Substitutes
5.1.5. Intensity Of Rivalry
5.2. Value Chain Analysis
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