Portland, OR -- (SBWIRE) -- 07/07/2017 -- Macular edema is a condition in which the retinal layers around the fovea is accumulated by the fluid that leads to the vision impairment and also might lead to the vision loss. Macular edema can be of two types, namely cystoid macular edema and diabetic macular edema. In addition to this, the macular degeneration is a condition in which the loss of vision occurs due to the retinal damage and it majorly affects adults (>50 years). Macular degeneration is a painless disease condition that leads to the loss of central vision. Macular degeneration is of two types, namely wet macular degeneration and dry macular degeneration.
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Growing aging population has increasingly become an issue that leads to the growing number of macular edema and degeneration case, contributing to the growth of the market. The therapies such as anti-vascular endothelial growth factor drugs for the treatment of diabetic macular edema and Lucentis (ranibizymab) & Avastin drugs for the macular degeneration have played a significant role in the growth of global macular edema and degeneration market.
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Companies such as Novartis, Roche, Bayer, Allergan, Ampio Pharmaceuticals and valeant Pharmaceuticals International are the leading players operating in the market. Leading players such as Bayer and Novartis are focusing on the joint venture strategy to develop new treatment option for the macular edema and macular degeneration.
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MARKET SEGMENTATION
Macular edema and degeneration market is segmented based on its types, treatment and geography.
Market By Type
- Macular Edema
- Cystoid macular edema (CME)
- Diabetic macular edema (DME)
- Macular Degeneration
- Dry age-related macular degeneration
- Wet age-related macular degeneration
Market By Treatment
- Drug therapy
- Laser treatment
- Implantable telescope
Market by Geography
- North America
- Europe
- Asia-Pacific
- LAMEA