Comprehensive Proliferative Diabetic Retinopathy (PDR) Market Analysis 2024: Size, Share, And Key Trends
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What is the Expected Growth Rate of the Proliferative Diabetic Retinopathy (PDR) Market from 2024 to 2033?
The proliferative diabetic retinopathy (PDR) market has seen rapid growth in recent years. It will rise from $2.16 billion in 2023 to $2.42 billion in 2024, at a compound annual growth rate (CAGR) of 11.7%. The historical growth is driven by the growing prevalence of diabetes, lifestyle changes, government initiatives, and the increasing incidence of diabetes-related vision loss.
The proliferative diabetic retinopathy (PDR) market is expected to grow rapidly, reaching $3.62 billion by 2028, with a CAGR of 10.6%. Growth is driven by an aging population, increased public awareness of diabetes, research funding, and the rising demand for combination therapies. Trends include advancements in diagnostic technologies, innovations in treatment options, AI for early diagnosis, gene therapy advancements, and retinal imaging innovations.
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The rising prevalence of diabetes is anticipated to fuel the proliferative diabetic retinopathy (PDR) market. Diabetes is a leading cause of PDR, a condition that threatens vision. The International Diabetes Federation reported that 537 million adults were living with diabetes in 2021, a number expected to rise to 643 million by 2030. This increasing prevalence of diabetes is driving growth in the PDR treatment market.
1) By Treatment Type: Anti-VEGF (Vascular Endothelial Growth Factor) Therapy, Intraocular Steroids, Laser Surgery, Vitrectomy
2) By Mode of Administration: Injectables, Oral, Other Mode Of Administrations
3) By Application: Hospitals, Clinics, Other Applications
In the proliferative diabetic retinopathy market, companies focus on novel therapies to improve treatment outcomes. In June 2022, Biogen and Samsung Bioepis introduced Byooviz (ranibizumab-nuna), the first ophthalmology biosimilar in the US. This product is used to treat diabetic macular edema, proliferative diabetic retinopathy, neovascular age-related macular degeneration, and choroidal neovascularization.
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North America was the largest region in the hill-start assist system market in 2023. The regions covered in the hill-start assist system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The Proliferative Diabetic Retinopathy (PDR) Global Market Report 2024 offers a comprehensive overview of the audio equipment market, covering historical data from 2010 to 2021 and providing a ten-year forecast from 2023 to 2032. This report examines the size of the proliferative diabetic retinopathy (pdr) market, its market share, and analyzes key competitors along with their market positions.
The Table Of Content For The Proliferative Diabetic Retinopathy (PDR) Market Include
1. Proliferative Diabetic Retinopathy (PDR) Market Executive Summary
2. Proliferative Diabetic Retinopathy (PDR) Market Segments
3. Proliferative Diabetic Retinopathy (PDR) Market Size And Template Market Growth Rate
4. Key Proliferative Diabetic Retinopathy (PDR) Market Trends
5. Major Proliferative Diabetic Retinopathy (PDR) Market Drivers
……
25. Key Mergers And Acquisitions In The Proliferative Diabetic Retinopathy (PDR) Market
26. Top Proliferative Diabetic Retinopathy (PDR) Companies
27. Proliferative Diabetic Retinopathy (PDR) Market Opportunities And Strategies
28. Proliferative Diabetic Retinopathy (PDR) Market, Conclusions And Recommendations
29. Appendix
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