US$ 11.31 Billion to US$ 19.72 Billion: Age-Related Macular Degeneration Market Projections

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The Global Age-Related Macular Degeneration Market was valued at US$ 11.31 billion in 2023 and is expected to reach a market size of US$ 19.72 billion by 2032 at a CAGR of 7.2% During the Forecast Period 2024–2032.

Astute Analytica has released a comprehensive report on the Global Age-Related Macular Degeneration Market, providing an in-depth analysis of its current and future landscape. This market research document identifies key trends, opportunities, and challenges across various segments and sub-segments, aiming to expand the company's strategic outlook.

The Global Age-Related Macular Degeneration Market was valued at US$ 11.31 billion in 2023 and is expected to reach a market size of US$ 19.72 billion by 2032 at a CAGR of 7.2% During the Forecast Period 2024–2032.

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Research Insights 

The report offers a detailed examination of historical and current trends within multiple industry sectors, which aids in identifying potential growth opportunities. Throughout the forecast period, it presents various estimates related to market share, size, and growth rates. Additionally, the research includes competitive analysis, consumption patterns, and pricing strategies relevant to the market. 

Scope of Market Research 

Based on historical growth data and the present state of the Age-Related Macular Degeneration marketplace, the report aims to provide actionable insights into global market growth projections. The data presented is derived from extensive primary and secondary research, offering valuable insights that enhance understanding of various aspects of the global market, thereby assisting users in their development strategies. 

Comprehensive Industry Analysis 

The report encompasses all facets of the industry, with a focused study on key players, including market leaders, followers, and new entrants by region. It employs analytical frameworks such as PORTER and PESTEL to assess the potential impact of micro-economic factors on the market. Both external and internal factors that could positively or negatively influence business operations are analyzed, providing decision-makers with a clear future outlook for the industry. 

Competitive Landscape and Key Players 

The report details the major players in the industry, including their company profiles, product specifications, production capacities, sales figures, revenue, pricing, and gross margins from 2024 to 2032. It offers a thorough analysis of the competitive landscape, highlighting the challenges faced by leading market vendors. 

Key Companies

  • Novartis: Known for their anti-VEGF drug Lucentis (ranibizumab), which is widely used for AMD treatment.
  • Roche/Genentech: Developers of Avastin (bevacizumab), often used off-label for AMD, and Eylea (aflibercept).
  • Regeneron Pharmaceuticals: This company developed Eylea (aflibercept), a commonly prescribed drug for AMD.
  • Bayer: Partnered with Regeneron to market Eylea outside the United States.
  • Allergan (now part of AbbVie): Known for its involvement in eye health, including research into treatments for AMD.
  • Pfizer: Has been involved in research for new treatments for AMD.
  • Iveric bio: They are developing a complement inhibitor (Zimura) for geographic atrophy secondary to dry AMD.
  • Apellis Pharmaceuticals: They have a drug candidate (pegcetacoplan) undergoing clinical trials for geographic atrophy, a severe form of AMD.
  • Graybug Vision: Working on long-acting treatments for wet AMD.
  • Kodiak Sciences: Known for developing KSI-301, an antibody biopolymer conjugate for the treatment of retinal vascular diseases including wet AMD.
  • Alimera Sciences: The company specializes in the commercialization and development of prescription ophthalmic pharmaceuticals.
  • Santen Pharmaceutical: A specialized company in ophthalmology, researching and developing solutions for diseases like AMD.

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Market Segmentation 

The report also segments the market based on various criteria, providing insights into the positioning of key players and their respective market shares. This segmentation helps in understanding the dynamics of the market and the competitive strategies employed by different companies. 

Market Segmentation

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About Astute Analytica:

Astute Analytica is a global analytics and advisory company that has built a solid reputation in a short period, thanks to the tangible outcomes we have delivered to our clients. We pride ourselves in generating unparalleled, in-depth, and uncannily accurate estimates and projections for our very demanding clients spread across different verticals. We have a long list of satisfied and repeat clients from a wide spectrum including technology, healthcare, chemicals, semiconductors, FMCG, and many more. These happy customers come to us from all across the globe.

They are able to make well-calibrated decisions and leverage highly lucrative opportunities while surmounting the fierce challenges all because we analyse for them the complex business environment, segment-wise existing and emerging possibilities, technology formations, growth estimates, and even the strategic choices available. In short, a complete package. All this is possible because we have a highly qualified, competent, and experienced team of professionals comprising business analysts, economists, consultants, and technology experts. In our list of priorities, you-our patron-come at the top. You can be sure of the best cost-effective, value-added package from us, should you decide to engage with us.

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