Report Overview
The US Age-related macular degeneration (AMD) market size stood at around USD xx billion in 2019 and is projected to reach USD xx billion by 2028, exhibiting a CAGR of 1.8% during the forecast period
The age-related macular degeneration (AMD) is a disease in which the macula of the eyes small central region of the retina deteriorates. The macula is considered to be an essential component of the retina, as it regulates the visual perception of the eye. The ability of an individual to read, identify and recognize objects that require immaculate visual details determine macular health
TheUS is a majormarketforAMDin NorthAmerica andis projected to hold over 90% share in 2022
Market Drivers
Age related macular degeneration is a medical condition of the eye which diminishes the eyesight with age. Thus a rising geriatric population will contribute to growth of this market
With no actual cure for AMD, pharmaceutical companies are developing various drugs for the treatment. Thus a number of drugs are in the pipeline are undergoing development and trials for the treatment of AMD. Anti VEGF therapies are effective in treatment of wet AMD as they drain out the fluid leak and restore vision
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