Retinal Vasculitis Treatment Market: Global Industry Analysis and Forecast (2024-2030) by Drug Type, Infection Type, Distribution Channel, and Region
Retinal Vasculitis Treatment Market size was valued at US$ 11.58 Billion in 2023 and the Retinal Vasculitis Treatment revenue is expected to grow at 8% through 2024 to 2030, reaching nearly US$ 19.86 Billion
Format : PDF | Report ID : SMR_363
Retinal Vasculitis Treatment Market Definition & Overview:
Retinal Vasculitis is a condition in which the blood vessels in the ocular area become inflamed as a result of other ailments such as autoimmunity, inflammatory disorders, infectious diseases, and neoplastic diseases. According to CDC and Statistics figures, the prevalence of this inflammatory disorder is rising every day. This will have a direct impact on research and development in terms of developing effective treatments and, as a result, retinal vasculitis treatment market growth.
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Retinal Vasculitis Treatment Market Dynamics:
The key driver of the retinal vasculitis treatment market is the use of Aflibercept injections to treat rare syndromes like IRVAN (Idiopathic Retinal Vasculitis, Aneurysms, and Neuroretinitis). Another important factor boosting the market for retinal vasculitis treatment is the increased frequency of inflammatory illnesses. Advanced treatments like as fluorescein angiography and swept source-ocular coherence tomography angiography (ss-OCTA) help to drive the market forward. Additionally, the market is being propelled ahead by increased research and development for controlling and enhancing retinal vasculitis.
The use of intravitreal Aflibercept injections in the treatment of retinal vasculitis is the primary factor driving demand for this treatment market. These injections help to reduce edema at the location of the inflammation. The utility of these injections in the treatment of a rare illness known as IRVAN (Idiopathic Retinal Vasculitis, Aneurysms, and Neuroretinitis) syndrome was confirmed in a study published in PubMed in February 2020. This condition includes retinal vasculitis. The use of Fluorescein Angiography (FA) in the identification of retinal vasculitis in children with Paediatric Uveitis at Children's Medical Center in Dallas was investigated in a study published in Ophthalmology Retina. FA has become another key driving force in the retinal vasculitis treatment market as a result of the findings of this study.
Retinal Vasculitis Treatment Market Segment Analysis:
By Distribution Channel, In terms of revenue, the retail pharmacies segment dominated the retinal condition treatment market in 2020. During the forecast period, the tendency is likely to continue. Due to its extensive network, ease of access, and broad product offers, which include both prescription and over-the-counter ophthalmic medications, retail pharmacies led the global retinal vasculitis treatment market. During the forecast period, online sales are expected to be a significant area of the global market. From 2020 to 2027, the category is expected to grow at a considerable CAGR. During the forecast period, the changing tilt toward the usage of electronic payment options is expected to result in a high market share for the online sales segment.
Retinal Vasculitis Treatment Market Regional Insights:
According to the Centers for Disease Control and Prevention (CDC), 4.2 million Americans have an ocular disease, showing that the frequency of retinal illnesses is increasing in the United States. A new set of ophthalmic therapies about to be released in the nation will help to push the market in the right direction. Authorities in this country are now placing a greater emphasis on R&D spending in order to better the management and treatment of retinal illnesses. As a result of these factors, the United States is a market leader in the treatment of retinal vasculitis in the North American region. According to recent statistics, over 11 million people in the United States suffer from age-related macular degeneration, with that figure anticipated to quadruple to over 22 million by 2050.
According to data provided by Statista, 3.6 percent of eastern Europeans suffer from some form of vision impairment as of 2020. As a result, there is a growing demand for improved and rapid treatment of retinal problems. Additionally, throughout the forecast period, rising technical progress and increased investment in R&D are likely to boost retinal vasculitis treatment market growth.
The objective of the report is to present a comprehensive analysis of the Retinal Vasculitis Treatment Market to the stakeholders in the industry. The report provides trends that are most dominant in the Retinal Vasculitis Treatment Market and how these trends will influence new Business investments and market development throughout the forecast period. The report also aids in the comprehension of the market dynamics and competitive structure of the market by analyzing market leaders, market followers, and regional players.
The qualitative and quantitative data provided in the Retinal Vasculitis Treatment Market report is to help understand which market segments, regions are expected to grow at higher rates, factors affecting the market, and key opportunity areas, which will drive the industry and market growth through the forecast period. The report also includes the competitive landscape of key players in the industry along with their recent developments in the Retinal Vasculitis TreatmentMarket. The report studies factors such as company size, market share, market growth, revenue, production volume, and profits of the key players in the Retinal Vasculitis TreatmentMarket.
The report provides Porter's Five Force Model, which helps in designing the business strategies in the market. The report helps in identifying how many rivals are existing, who they are, and how their product quality is in the Market. The report also analyses if the Retinal Vasculitis Treatment Market is easy for a new player to gain a foothold in the market, do they enter or exit the market regularly if the market is dominated by a few players, etc.
Retinal Vasculitis Treatment Market Scope:
Retinal Vasculitis Treatment Market |
|
Market Size in 2023 |
USD 11.58 Bn. |
Market Size in 2030 |
USD 19.86 Bn. |
CAGR (2024-2030) |
8% |
Historic Data |
2018-2022 |
Base Year |
2023 |
Forecast Period |
2024-2030 |
Segment Scope |
by Drug Type
|
by Infection Type
|
|
by Distribution channel
|
|
Regional Scope |
North America- United States, Canada, and Mexico Europe – UK, France, Germany, Italy, Spain, Sweden, Austria, and Rest of Europe Asia Pacific – China, India, Japan, South Korea, Australia, ASEAN, Rest of APAC Middle East and Africa - South Africa, GCC, Egypt, Nigeria, Rest of the Middle East and Africa South America – Brazil, Argentina, Rest of South America |
Retinal Vasculitis Treatment Market Players:
- Regeneron Pharmaceuticals, Inc. (United States)
- F. Hoffmann-La Roche Ltd. (Switzerland)
- Shire (Takeda Pharmaceutical Company Limited) (Japan)
- Bayer AG (Germany)
- Santen Pharmaceutical Co., Ltd. (Japan)
- Pfizer, Inc. (United States)
- Allergan plc (Ireland)
- Graybug Vision, Inc. (United States)
- Novartis AG (Switzerland)
- Acucela Inc. (Seattle, WA)
- Merck & Co., Inc. (United States)
Frequently Asked Questions
important factor boosting the market for retinal vasculitis treatment is the increased frequency of inflammatory illnesses.
North America accounted for the largest share of the Retinal Vasculitis Treatment Market.
According to data provided by Statista, 3.6 percent of eastern Europeans suffer from some form of vision impairment as of 2020. As a result, there is a growing demand for improved and rapid treatment of retinal problems.
Regeneron Pharmaceuticals, Inc. (United States), F. Hoffmann-La Roche Ltd. (Switzerland), Shire (Takeda Pharmaceutical Company Limited) (Japan), and Bayer AG (Germany).
1. Research Methodology
1.1 Research Data
1.1.1. Primary Data
1.1.2. Secondary Data
1.2. Market Size Estimation
1.2.1. Bottom-Up Approach
1.2.2. Top-Up Approach
1.3. Market Breakdown and Data Triangulation
1.4. Research Assumption
2. Retinal Vasculitis Treatment Market Executive Summary
2.1. Market Overview
2.2. Market Size (2023) and Forecast (2024 – 2030) and Y-O-Y%
2.3. Market Size (USD) and Market Share (%) – By Segments and Regions
3. Global Retinal Vasculitis Treatment Market: Competitive Landscape
3.1. SMR Competition Matrix
3.2. Key Players Benchmarking
3.2.1. Company Name
3.2.2. Headquarter
3.2.3. Service Segment
3.2.4. End-user Segment
3.2.5. Y-O-Y%
3.2.6. Revenue (2023)
3.2.7. Company Locations
3.3. Market Structure
3.3.1. Market Leaders
3.3.2. Market Followers
3.3.3. Emerging Players
3.4. Consolidation of the Market
3.4.1. Strategic Initiatives and Developments
3.4.2. Mergers and Acquisitions
3.4.3. Collaborations and Partnerships
4. Retinal Vasculitis Treatment Market: Dynamics
4.1. Retinal Vasculitis Treatment Market Trends by Region
4.1.1. North America
4.1.2. Europe
4.1.3. Asia Pacific
4.1.4. Middle East and Africa
4.1.5. South America
4.2. Retinal Vasculitis Treatment Market Drivers
4.3. Retinal Vasculitis Treatment Market Restraints
4.4. Retinal Vasculitis Treatment Market Opportunities
4.5. Retinal Vasculitis Treatment Market Challenges
4.6. PORTER’s Five Forces Analysis
4.6.1. Intensity of the Rivalry
4.6.2. Threat of New Entrants
4.6.3. Bargaining Power of Suppliers
4.6.4. Bargaining Power of Buyers
4.6.5. Threat of Substitutes
4.7. PESTLE Analysis
4.7.1. Political Factors
4.7.2. Economic Factors
4.7.3. Social Factors
4.7.4. Legal Factors
4.7.5. Environmental Factors
4.8. Technological Roadmap
4.9. Regulatory Landscape
4.9.1. Market Regulation by Region
4.9.1.1. North America
4.9.1.2. Europe
4.9.1.3. Asia Pacific
4.9.1.4. Middle East and Africa
4.9.1.5. South America
4.9.2. Impact of Regulations on Market Dynamics
4.9.3. Government Schemes and Initiatives
5. Retinal Vasculitis Treatment Market: Global Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030)
5.1. Retinal Vasculitis Treatment Market Size and Forecast, by Drug Type (2023-2030)
5.1.1. Corticosteroids
5.1.2. Anti-Inflammatory
5.1.3. Immunosuppressants
5.2. Retinal Vasculitis Treatment Market Size and Forecast, by Infection Type (2023-2030)
5.2.1. Bacterial
5.2.2. Viral
5.2.3. Fungal
5.2.4. Parasitic
5.2.5. Rickettsia
5.3. Retinal Vasculitis Treatment Market Size and Forecast, by Distribution Channel (2023-2030)
5.3.1. Hospital Pharmacies
5.3.2. Retail Stores Pharmacies
5.3.3. Online Stores
5.3.4. Others
5.4. Retinal Vasculitis Treatment Market Size and Forecast, by Region (2023-2030)
5.4.1. North America
5.4.2. Europe
5.4.3. Asia Pacific
5.4.4. Middle East and Africa
5.4.5. South America
6. North America Retinal Vasculitis Treatment Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030)
6.1. North America Retinal Vasculitis Treatment Market Size and Forecast, by Drug Type (2023-2030)
6.1.1. Corticosteroids
6.1.2. Anti-Inflammatory
6.1.3. Immunosuppressants
6.2. North America Retinal Vasculitis Treatment Market Size and Forecast, by Infection Type (2023-2030)
6.2.1. Bacterial
6.2.2. Viral
6.2.3. Fungal
6.2.4. Parasitic
6.2.5. Rickettsia
6.3. North America Retinal Vasculitis Treatment Market Size and Forecast, by Distribution channel (2023-2030)
6.3.1. Hospital Pharmacies
6.3.2. Retail Stores Pharmacies
6.3.3. Online Stores
6.3.4. Others
6.4. North America Retinal Vasculitis Treatment Market Size and Forecast, by Country (2023-2030)
6.4.1. United States
6.4.2. Canada
6.4.3. Mexico
7. Europe Retinal Vasculitis Treatment Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030)
7.1. Europe Retinal Vasculitis Treatment Market Size and Forecast, by Drug Type (2023-2030)
7.2. Europe Retinal Vasculitis Treatment Market Size and Forecast, by Infection Type (2023-2030)
7.3. Europe Retinal Vasculitis Treatment Market Size and Forecast, by Distribution Channel (2023-2030)
7.4. Europe Retinal Vasculitis Treatment Market Size and Forecast, by Country (2023-2030)
7.4.1. United Kingdom
7.4.2. France
7.4.3. Germany
7.4.4. Italy
7.4.5. Spain
7.4.6. Sweden
7.4.7. Austria
7.4.8. Rest of Europe
8. Asia Pacific Retinal Vasculitis Treatment Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030)
8.1. Asia Pacific Retinal Vasculitis Treatment Market Size and Forecast, by Drug Type (2023-2030)
8.2. Asia Pacific Retinal Vasculitis Treatment Market Size and Forecast, by Infection Type (2023-2030)
8.3. Asia Pacific Retinal Vasculitis Treatment Market Size and Forecast, by Distribution Channel (2023-2030)
8.4. Asia Pacific Retinal Vasculitis Treatment Market Size and Forecast, by Country (2023-2030)
8.4.1. China
8.4.2. S Korea
8.4.3. Japan
8.4.4. India
8.4.5. Australia
8.4.6. Indonesia
8.4.7. Malaysia
8.4.8. Vietnam
8.4.9. Taiwan
8.4.10. Rest of Asia Pacific
9. Middle East and Africa Retinal Vasculitis Treatment Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030)
9.1. Middle East and Africa Retinal Vasculitis Treatment Market Size and Forecast, by Drug Type (2023-2030)
9.2. Middle East and Africa Retinal Vasculitis Treatment Market Size and Forecast, by Infection Type (2023-2030)
9.3. Middle East and Africa Retinal Vasculitis Treatment Market Size and Forecast, by Distribution Channel (2023-2030)
9.4. Middle East and Africa Retinal Vasculitis Treatment Market Size and Forecast, by Country (2023-2030)
9.4.1. South Africa
9.4.2. GCC
9.4.3. Nigeria
9.4.4. Rest of ME&A
10. South America Retinal Vasculitis Treatment Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030)
10.1. South America Retinal Vasculitis Treatment Market Size and Forecast, by Drug Type (2023-2030)
10.2. South America Retinal Vasculitis Treatment Market Size and Forecast, by Infection Type (2023-2030)
10.3. South America Retinal Vasculitis Treatment Market Size and Forecast, by Distribution Channel (2023-2030)
10.4. South America Retinal Vasculitis Treatment Market Size and Forecast, by Country (2023-2030)
10.4.1. Brazil
10.4.2. Argentina
10.4.3. Rest Of South America
11. Company Profile: Key Players
11.1. Regeneron Pharmaceuticals, Inc. (United States)
11.1.1. Company Overview
11.1.2. Business Portfolio
11.1.3. Financial Overview
11.1.3.1. Total Revenue
11.1.3.2. Segment Revenue
11.1.3.3. Regional Revenue
11.1.4. SWOT Analysis
11.1.5. Strategic Analysis
11.1.6. Recent Developments
11.2. F. Hoffmann-La Roche Ltd. (Switzerland)
11.3. Shire (Takeda Pharmaceutical Company Limited) (Japan)
11.4. Bayer AG (Germany)
11.5. Santen Pharmaceutical Co., Ltd. (Japan)
11.6. Pfizer, Inc. (United States)
11.7. Allergan plc (Ireland)
11.8. Graybug Vision, Inc. (United States)
11.9. Novartis AG (Switzerland)
11.10. Acucela Inc. (Seattle, WA)
11.11. Merck & Co., Inc. (United States)
12. Key Findings
13. Analyst Recommendations
13.1. Strategic Recommendations
13.2. Future Outlook