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How has the retinal vein occlusion market grown over the years?

The retinal vein occlusion market has expanded rapidly in recent years and is expected to grow from $15.43 billion in 2024 to $17.21 billion in 2025 at a CAGR of 11.6%. Growth factors include an aging population, advancements in diagnostic imaging, pharmaceutical innovations, and rising diabetes prevalence.

What Is the forecasted market size and growth rate for the retinal vein occlusion market?

The retinal vein occlusion market is expected to experience rapid growth, reaching $25.66 billion in 2029 at a CAGR of 10.5%. Growth is fueled by innovative treatments, telemedicine adoption, personalized medicine, and regulatory approvals. Key trends include non-invasive treatments, gene therapy advancements, patient-centric care, and digital health solutions.

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What are the major factors driving growth in the retinal vein occlusion market?

The ocular drug delivery market is poised to witness considerable growth, owing to the heightened prevalence of eye disorders. Various conditions detrimental to the eyes, their surrounding structures, or vision, fall under the banner of eye disorders. The renal vein occlusion market also sees an upswing, propelled by the increasing cases of renal vein occlusion. The market expresses an urgent requirement for novel diagnostics and treatment methodologies to tackle this health issue. As per the World Health Organization’s projections in March 2023, approximately 2.2 billion people across the world are expected to suffer near- or far-sighted impairment. Cataracts (94 million) and uncorrected refractive issues (88.4 million) are chief contributors to this visual loss or impairment. Other prevalent causes of vision loss are glaucoma (7.7 million instances), corneal opacities (4.2 million instances), diabetic retinopathy (3.9 million instances), and trachoma (2 million instances). The growing rate of eye disorders is, in turn, expected to catalyze the growth of the retinal vein occlusion market.

Retinal Vein Occlusion Market Driver: Surge in Glaucoma Diagnoses Sustains Expansion of Retinal Vein Occlusion Market

What key areas define the segmentation of the global retinal vein occlusion Market?

The retinal vein occlusion market covered in this report is segmented –

1) By Type: Branch Retinal Artery Occlusion, Central Retinal Vein Occlusion

2) By Condition: Non-Ischemic, Ischemic

3) By Diagnosis: Optical Coherence Tomography, Fundoscopic Examination, Fluorescein Angiography

4) By Treatment: Antivascular Endothelial Growth Factor, Corticosteroid Drugs, Laser Retinal Photocoagulation

5) By End User: Hospitals And Clinics, Research And Academics Centers, Other End-Users

Subsegments:

1) By Branch Retinal Artery Occlusion: Non-ischemic Branch Retinal Artery Occlusion, Ischemic Branch Retinal Artery Occlusion

2) By Central Retinal Vein Occlusion: Non-ischemic Central Retinal Vein Occlusion, Ischemic Central Retinal Vein Occlusion

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What are the top market players propelling the growth of the retinal vein occlusion industry?

Major companies operating in the retinal vein occlusion market are Pfizer Inc., Roche Holding AG, Merck & Co. Inc., Bayer AG, Novartis AG, Bristol-Myers Squibb Company, Amgen Inc., Allergan PLC, Regeneron Pharmaceuticals Inc., Biogen Idec Inc., Vertex Pharmaceuticals Inc., Bausch Health Companies Inc., Carl Zeiss AG, Santen Pharmaceutical Co. Ltd., Lumenis Ltd., Coherus Biosciences Inc., Genentech Inc., Topcon Corporation, Nidek Co. Ltd., IRIDEX Corporation, Alimera Sciences Inc., Ocular Therapeutix Inc., EyePoint Pharmaceuticals Inc., Kodiak Sciences Inc., Ellex Medical Lasers Ltd., Adverum Biotechnologies Inc., Avik Pharmaceutical Limited (Avik), Outlook Therapeutics Inc., Annexin Pharmaceuticals AB, Ingenia Therapeutics Inc.

What are the key trends shaping the future of the retinal vein occlusion market?

The retinal vein occlusion market is witnessing the adoption of innovative strategies by companies to improve patient care as well as treatment results in order to consolidate their market position. The progress in the development of medicines has the potential to expand treatment alternatives for RVO, leading to more specialized and successful treatment. As an example, Iridex Corporation, an ophthalmic medical technology firm based in the United States, debuted its next-generation Iridex PASCAL in April 2023. This revolutionary platform offers a state-of-the-art technology bundle that merges rapid and precise pattern scanning capabilities, endpoint management technology, a pattern scanning laser trabeculoplasty, and micropulse technology into a small, ergonomically designed integrated laser platform to deliver personalized care to retinal disease patients.

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What regions are dominating the retinal vein occlusion market growth?

North America was the largest region in the retinal vein occlusion market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in retinal vein occlusion market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

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