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Global Diabetic Retinopathy Market is Projected to Reach a CAGR of 6.4%, in Terms of Value, Between 2022 & 2030 - ResearchAndMarkets.com

Retrieved on: 
Tuesday, April 19, 2022

The global diabetic retinopathy market size is expected to reach USD 13.8 billion by 2030 registering a CAGR of 6.4%.

Key Points: 
  • The global diabetic retinopathy market size is expected to reach USD 13.8 billion by 2030 registering a CAGR of 6.4%.
  • 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.
  • Studies suggest that in 2020 the number of diabetic retinopathy cases was about 103.12 million; the cases are expected to reach 160.5 million by 2045.
  • The large population base in this region, high prevalence of diabetes, and rising geriatric population are likely to bolster the market