WiseGuyReports.Com Publish a New Market Research Report On –“ Age-related macular degeneration Industry – Treatment, Outlook, Analysis, Research, Review to 2023”.
Age-related macular degeneration Market 2019
Age-Related Macular Degeneration (AMD) is a condition that affects the back of the eye called the macula. AMD is described as either dry or wet AMD.
Age-related macular degeneration causes progressive damage to the macula, resulting in gradual loss of central vision. There are two types of AMD, namely, dry (nonexudative or atrophic), and wet (neovascular or exudative). About 80 to 90% of the people with AMD have only the dry type. The market growth is mainly driven by the rising prevalence of AMD in the geriatric population and off-patent of blockbuster drugs.
Age-related macular degeneration is an ocular disease that involves the posterior aspect of the retina called the macula. The wet form of AMD is less frequent but is responsible for 90% of the acute blindness due to AMD.
As per the study published in the Asia-Pacific Journal of Ophthalmology in 2017, the global prevalence of AMD was nearly 8.7%, with the prevalence of early AMD and late AMD being 8.0% and 0.4%, respectively. A marked increase in the prevalence of AMD was found to be higher in patients over 60 years of age. According to the study published in the Clinical Interventions in the Aging Journal in 2017, AMD is a major cause of central visual loss which affects nearly 10% of the people older than 65 years and more than 25% of people older than 75 years. It is also reported that in the US approximately 2 million individuals have advanced AMD and more than 8 million individuals have an intermediate form of the disease. The number is expected to rise by 50% by 2020.
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Listed Key Players
The key players for the age-related macular degeneration market are F. Hoffmann-La Roche AG, Regeneron Pharmaceutical Inc., Novartis AG, Bayer AG, Santen Pharmaceuticals co, and others.
Drivers and Risks
Different market trends that can promote the growth of the global Age-related macular degeneration market are listed in the report. These trends are identified after extensive market research and are analyzed to predict the effect it can have on the global Age-related macular degeneration market during the forecast period from 2019 to the year 2023. Various detrimental factors that slow down the market growth are identified and are listed in the report. Potential trends that have a positive effect on the market and are vital to the growth during the forecast period are mentioned and are discussed in detail.
The global Age-related macular degeneration market has been segmented into various market regions according to the locations that each market segment is in. These various segments are listed as follows, North America, South America, Asia-Pacific, Europe, the Middle East, and Africa. The market share of these market segments is analyzed during the base period from the year 2019 to the year 2023. The forecast that is carried out from the year 2019 to the year 2023 is intended to predict the market growth during the period according to the various information and data that has been comprehensively analyzed.
Method of Research
Various factors that can affect the Age-related macular degeneration market have been identified after extensive market research. A major model that was used to identify the different factors was Porter’s Five FOrces Model. The model comprises of different factors that include the threat of substitutes, threat of new entrants, the bargaining power of suppliers, the bargaining power of customers and competitive rivalry. These are used to identify different factors. A SWOT analysis is also carried out to identify the various shortcomings of different companies and to list out the areas that need improvement.
Table of Contents – Major Key Points
1 Report Prologue
2 Executive Summary
3 Market Introduction
4 Research Methodology
5 Market Dynamics
6 Market Factor Analysis
7 Global Age-Related Macular Degeneration Market, by Type
8 Global Age-Related Macular Degeneration Market, by Stages
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