About Diabetic Macular Edema Treatment
Advancements in ophthalmic surgery techniques, as well as pharmaceutical companies' R&D investments, will help to fuel numerous opportunities for the diabetic macular edema treatment market to expand. Diabetic macular edema (DME) is a buildup of fluid in the macula of the retina, which regulates the human eye's vision abilities. Diabetic retinopathy is a condition that is caused by DME. DME is one of the most common complications of diabetes, and DME patients use considerably more healthcare services than diabetic patients who do not have DME.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Diabetic Macular Edema Treatment market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
F. Hoffmann-La Roche AG (Switzerland), Novartis AG (Switzerland), GlaxoSmithKline plc (United Kingdom), Alimera Sciences, Inc. (United States), Allergan, Inc (Ireland), Regeneron Pharmaceuticals Inc. (United States), Pfizer Inc. (United States), Kubota Pharmaceutical Holdings Co. Ltd. (United States), Oculis (Switzerland) and Bayer AG (Germany) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Bausch & Lomb Incorporated (United States) and Jaeb Center for Health Research (United States).
Segmentation Overview
AMA Research has segmented the market of Global Diabetic Macular Edema Treatment market by Type (Laser Photocoagulation Therapy, Pharmacological Therapy, Bevacizumab, Ranibizumab and Triamcinolone) and Region.
On the basis of geography, the market of Diabetic Macular Edema Treatment has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Indication, the sub-segment i.e. Diffuse Diabetic Macular Edema will boost the Diabetic Macular Edema Treatment market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Drug Delivery, the sub-segment i.e. Intravitreal Injections will boost the Diabetic Macular Edema Treatment market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Hospitals will boost the Diabetic Macular Edema Treatment market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Surging R&D Investment by Pharmaceutical Companies in the Diabetic Macular Edema Treatment Field
Market Growth Drivers:
Increasing Prevalence of Diabetes and Rising Awareness for the Treatment of Diabetic Macular Edema
Challenges:
Dearth of Skilled Ophthalmologists and Extended Approval Time for Drugs
Restraints:
High Medical Costs for the Patients
Opportunities:
Lucrative Opportunities in the Emerging Economies and Advancement in Ophthalmic Surgery Techniques
Market Leaders and their expansionary development strategies
December 20, 2020, Genentech announced positive topline results from two identically designed global Phase III studies, YOSEMITE and RHINE, evaluating its investigational bispecific antibody, faricimab, in people living with diabetic macular edema (DME)
In Jan 2021, AsclepiX Therapeutics, Inc announced that the first patient has been dosed in the Phase 1/2a CONGO clinical trial to evaluate the safety and bioactivity of AXT107 in patients with Diabetic Macular Edema (DME)., and In Dec 2020, Novartis announced positive findings from the first interpretable results of the Phase III KESTREL study, assessing the efficacy and safety of Beovu® (brolucizumab) 3 mg and 6 mg in diabetic macular edema (DME).
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Diabetic Macular Edema Treatment Providers, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Use Industry
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.