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The global macular degeneration treatment market size grew from $8.44 billion in 2022 to $9.43 billion in 2023 at a compound annual growth rate (CAGR) of 11.7%. The market size of global macular degeneration treatment is expected to grow to $14.3 billion in 2027 at a CAGR of 11.0%.

What will drive the macular degeneration treatment market?
The increase in burden of retinal disorders is expected to propel the growth of the macular degeneration treatment market.

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Who are the major players in the market?
Major Market Players in the macular degeneration treatment market include Novartis AG, Bausch Health Companies Inc., Regenxbio Inc., F Hoffmann-La Roche Ltd., Regeneron Pharmaceuticals Inc., GlaxoSmithKline plc, Bayer AG, Neurotech Pharmaceuticals

Which trend is gaining popularity in the macular degeneration treatment market?
The development of advanced therapies is a key trend gaining popularity in the macular degeneration treatment market. Advanced therapy, including gene therapy, for the treatment of disease has seen development in recent years, particularly in the world of inherited retinal disease. For instance, in October 2021, Genentech, a US-based biotechnology company, announced that FDA has approved Susvimo, a new treatment for wet age-related macular degeneration. Susvimo is the first wet AMD treatment to offer an alternative to the standard-of-care eye injections required as frequently as once per month in the last 15 years. Susvimo will help people with wet AMD retain their vision with as few as two treatments per year by continually injecting medication into the eye via a refillable implant.

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How is the macular degeneration treatment market segmented?
Global Macular Degeneration Treatment Market Segments Include
1) By Stage of Disease: Early-Stage AMD, Intermediate AMD, Late-Stage AMD
2) By End User: Ambulatory Surgical Centers, Ophthalmic Clinics, Hospitals
3) By Route of Administration: Oral, Injectable, Other Route of Administration
4) By Types: Wet Macular Degeneration, Dry Macular Degeneration

The Macular Degeneration Treatment Global Market Report 2023  provides an overview of the macular degeneration treatment market for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The macular degeneration treatment market forecast analyzes macular degeneration treatment market size, macular degeneration treatment market share, leading competitor and their market positions.

Macula refers to the central portion of the retina, a light-sensitive layer of tissue at the back of the eye. The macula is responsible for central vision. Degeneration of the macula, which affects the central part of the retina (the macula) and results in distortion or loss of central vision, occurs most commonly after the age of 60 and is referred to as age-related macular generation (AMD). The macular degeneration treatment is used to treat macular degeneration eye disease and slow the disease and prevent severe loss of vision.

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