Global Diabetic Retinopathy Market Report 2023: Sector is Expected to Reach $13.77 Billion by 2030 at a CAGR of 6.4% - ResearchAndMarkets.com

The "Diabetic Retinopathy Market Size, Share & Trends Analysis Report By Type (Proliferative DR, Non-proliferative DR), By Management (Intraocular Steroid Injection, Laser Surgery, Vitrectomy), By Region, And Segment Forecasts, 2023 - 2030" report has been added to ResearchAndMarkets.com's offering.

The global diabetic retinopathy market size is expected to reach USD 13.77 billion by 2030 registering a CAGR of 6.4% from 2023 to 2030.

The incidence rate of diabetes has been increasing dramatically. According to the International Diabetes Federation, in 2021 there were about 537 million diabetic cases, which is projected to rise to 643 million by 2030 and 783 million by 2045. Diabetes is among the leading cause of blindness in people.

Blindness is caused due to leaking or rupturing of retinal blood vessels, which may be permanent or temporary in nature depending on the disease stage. Studies suggest that in 2020 the number of diabetic retinopathy cases were about 103.12 million; the cases are expected to reach 160.5 million by 2045.

Rising patient awareness levels and increasing healthcare expenditure are also among the factors which are likely to propel market growth. Moreover, the increasing geriatric population in both developed and developing nations is expected to propel the market over the forecast period.

According to the Population Reference Bureau report titled "Aging in the United States", the number of people in the U. S. aged 65 years and over was projected to increase from around 46 million in 2016 to over 98 million by 2060. Early detection and treatment guidelines for diabetic retinopathy had significantly reduced due to the COVID-19 pandemic-related constraints.

When compared to 2019, intravitreal injections for diabetic retinopathy had decreased significantly globally throughout the pandemic, ranging from around 30 to over 100 percent reduction. However, now that the lockdown restrictions have been removed, the market is expected to grow at a significant rate.

Companies Mentioned

• Bayer AG
• Allergan plc
• Novartis AG
• Oxurion NV
• Sirnaomics, Inc.
• Genetech
• Alimera Sciences
• Ampio Pharmaceuticals
• BNC Peptides
• Kowa Company, Ltd.

Diabetic Retinopathy Market Report Highlights

• The non-proliferative diabetic retinopathy segment accounted for the largest revenue share of 70.5% in 2022. The presence of a large number of patients within the bracket of fewer than 10 years of diabetic history contributed to the large size of this segment
• The anti-VEGF drugs accounted for the largest revenue share of 92.8% in 2022 owing to their efficiency and efficacy in the treatment of diabetic retinopathy. The high applicability of these drugs in the treatment and early diagnosis of mild to moderate cases of non-proliferative DR treatment is among the prime factors leading to segmental growth
• In Asia Pacific, the market is expected to witness the highest CAGR over the forecast period. The large population base in this region, high prevalence of diabetes, and rising geriatric population are likely to bolster the market

Key Attributes:

Report Attribute	Details
No. of Pages	120
Forecast Period	2022 - 2030
Estimated Market Value (USD) in 2022	$8.3 Billion
Forecasted Market Value (USD) by 2030	$13.77 Billion
Compound Annual Growth Rate	6.4%
Regions Covered	Global

Key Topics Covered:

Chapter 1. Methodology and Scope

Chapter 2. Executive Summary

Chapter 3. Diabetic Retinopathy Market Variables, Trends & Scope

3.1. Market Lineage Outlook

3.1.1. Parent market outlook

3.1.2. Related/ancillary market outlook

3.2. Penetration & Growth Prospect Mapping

3.3. Industry Value Chain Analysis

3.3.1. Reimbursement framework

3.4. Market Dynamics

3.4.1. Market driver analysis

3.4.1.1. Increasing prevalence of diabetes

3.4.1.2. Growing geriatric population

3.4.1.3. Increasing prevalence of blindness due to diabetes

3.4.2. Market restraint analysis

3.4.2.1. Lack of accurate diagnosis

3.4.2.2. Adverse effect on treatment

3.5. Diabetic Retinopathy Market Analysis Tools

Chapter 4. Diabetic Retinopathy Market: Type Estimates & Trend Analysis

4.1. Definitions and Scope

4.1.1. Proliferative Diabetic retinopathy

4.1.2. Non-proliferative diabetic retinopathy

4.2. Type Market Share, 2022 & 2030

4.3. Segment Dashboard

4.4. Global Diabetic Retinopathy Market by Type Outlook

4.5. Market Size & Forecasts and Trend Analyses, 2018 to 2030 for the following

4.5.1. Proliferative Diabetic retinopathy

4.5.2. Non proliferative diabetic retinopathy

Chapter 5. Diabetic Retinopathy Market: Management Estimates & Trend Analysis

5.1. Definitions and Scope

5.2. Management Market Share, 2022 & 2030

5.3. Segment Dashboard

5.4. Diabetic Retinopathy Market by Management Outlook

5.5. Market Size & Forecasts and Trend Analyses, 2018 to 2030

Chapter 6. Diabetic Retinopathy Market: Regional Estimates & Trend Analysis

Chapter 7. Competitive Landscape

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