Growing Incidence of Diabetes Coupled with Increasing Prevalence of Blindness Due to Diabetes Is Expected to Drive Global Diabetic Retinopathy Market Growth

The Global Diabetic Retinopathy Market has been estimated at USD 6.1 billion in 2016 and is projected to reach USD 8.52 billion by 2021, at a CAGR of 6.9% during the forecast period from 2016 to 2021.

Posted: Thursday, March 01, 2018 at 3:30 AM CST

Hyderabad, India -- (SBWire) -- 03/01/2018 --Diabetic retinopathy (DR) is an eye illness related to diabetic patients. The sickness happens when there is harm to the retina because of diabetes. Without opportune treatment, the infection may prompt seeping in the eyes, overcast vision, and may even pulverize the retina. DR is among the basic reason for the loss of vision in the diabetic populace; inevitably prompting visual impairment.
In view of the Geographical Segmentation, the overall market is dismembered under various regions, specifically, North America, Europe, Asia-Pacific, Latin America and the Middle East and Africa. The North American diabetic retinopathy market inferable from, the rising pervasiveness of diabetes, strong repayment offices and developing interest in early recognition held the biggest offer in 2016. The high market entrance of items, for example, hostile to VEGF drugs including Lucentis, Avastin, and Eylea is one of the key points adding to its extensive offer. The European diabetic retinopathy market was the following most income producing section in 2016, driven by developing patient mindfulness levels, particularly in the Western European nations. The developing countries of Asia Pacific, for example, China and India are relied upon to witness significant development amid the figure time frame inferable from rising geriatric populace base, expanding extra cash, advancement in diagnostics, rising examination subsidizing for diabetes and a vast pool of patients. The rise of consolidated treatments for the treatment of diabetic macular oedema and the developing markets of the Asia-Pacific and LAMEA regions are relied upon to give a few chances to market development amid the conjecture time frame.

The Major companies in Diabetic Retinopathy treatment market are Pfizer Inc, Hoffmann-La Roche Ltd, Alimera Science Inc, Novartis AG, Valeant Pharmaceutical International Inc, Bayer AG, Abbott Laboratories Inc, Regeneron Pharmaceutical Inc, and Ampio Pharmaceuticals Inc.

Browse full research report with TOC on " Diabetic Retinopathy Market, by Type of Treatment (Anti-Vascular Endothelial Growth Factor (VEGF) drug, Intraocular Steroid Injection, Laser Surgery and Vitrectomy), by Indication (Non-Proliferative Diabetic Retinopathy (NPDR) (Mild, Moderate and Severe) and Proliferative Diabetic Retinopathy (PDR)), by End Users (Hospitals, Ophthalmic Clinics and Ambulatory Surgical Centers)" at:

Market Data Forecast has segmented the Global Nucleic Acid Labelling Market on the basis of, by Type of Treatment, by Indication Outlook, by End User, and region:

Type of Treatment Outlook (Volume, Revenue, USD Thousands; 2016 - 2021):
Anti-Vascular Endothelial Growth Factor (VEGF) drug, Intraocular Steroid Injection, Laser Surgery and Vitrectomy

Indication Outlook (Volume, Revenue, USD Thousands; 2016 - 2021):
Non-Proliferative Diabetic Retinopathy (NPDR) (Mild, Moderate and Severe and Proliferative Diabetic Retinopathy (PDR

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End User Outlook (Volume, Revenue, USD Thousands; 2016 – 2021):
Hospitals, Ophthalmic Clinics and Ambulatory Surgical Centers

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Regional Outlook (Volume, Revenue, USD Thousands; 2016-2021):
North America, Europe, Asia Pacific, Latin America, Middle East and Africa

Further Key Findings from the Report Suggest:
Increase in the pervasiveness of diabetes, the ascent in the geriatric populace, development in the frequency of visual deficiency because of diabetes is one driver.
Augmented spotlight on the mindfulness that encourages early finding to control the sicknesses likewise drives the market.
However, this development is constrained by a deficiency of talented ophthalmologists and expanded endorsement time for drugs.

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Diabetic Retinopathy Market