img

Global Eylea Market Size By Indication, By Distribution Channel, By End User, By Geographic Scope And Forecast


Published on: 2024-08-03 | No of Pages : 320 | Industry : latest updates trending Report

Publisher : MIR | Format : PDF&Excel

Global Eylea Market Size By Indication, By Distribution Channel, By End User, By Geographic Scope And Forecast

Eylea Market Size And Forecast

Eylea Market size was valued at USD 8.80 Billion in 2023 and is projected to reach USD 14.31 Billion by 2030, growing at a CAGR of 7.3% during the forecasted period 2024 to 2030.

Global Eylea Market Drivers

The market drivers for the Eylea Market can be influenced by various factors. These may include

  • Ageing Population As age-related macular degeneration grows increasingly common with age, the ageing population globally is a major driver of the Eylea market.
  • Growing Incidence of Eye illnesses A number of factors, including alterations in lifestyle, a rise in the frequency of diabetes, and extended screen time, have led to an increase in the incidence of eye illnesses worldwide, which has raised demand for drugs like Eylea.
  • Technological Developments Improvements in drug delivery methods and diagnostic tools have made it easier to identify and treat eye conditions, which has increased demand for drugs like Eylea.
  • Growing Healthcare Expenditure As a result of increased global healthcare spending, cutting-edge medicines like Eylea are now more accessible and affordable, which is fueling market expansion.
  • Regulatory Approvals and Expanded Indications By making a larger patient base eligible for treatment, regulatory approvals for new indications or expanded uses of Eylea in the treatment of other eye disorders contribute to market expansion.
  • Increasing Awareness and Education Early detection and treatment-seeking behaviour are encouraged by increased awareness campaigns and educational initiatives regarding eye health and the availability of efficient treatments like Eylea, which in turn expands the market.
  • Emerging nations The demand for cutting-edge medicines is expanding in emerging nations, where the construction of healthcare infrastructure and rising disposable income have an impact on the Eylea market.
  • Research and Development By giving patients additional options for treating their illnesses, ongoing research and development efforts aimed at creating better formulations, combination medicines, or alternative treatment modalities for eye disorders contribute to market growth.

Global Eylea Market Restraints

Several factors can act as restraints or challenges for the Eylea Market. These may include

  • Competition from Alternatives Lucentis and Avastin, two drugs used to treat related eye disorders, are competitors in the Eylea market. Eylea’s market share and income potential may be constrained by this rivalry.
  • Patent Expiration Should the Eylea patent run out, generic versions of the medication may become available, which would lower the brand-name product’s market value and sales.
  • Regulatory Obstacles Tight regulations requiring continuous monitoring and drug approval can impede market entry or development into new areas, which will restrict Eylea’s potential for growth.
  • Expensive Since Eylea is a biologic drug, its cost is likely to be high. Exorbitant treatment expenses could prevent patients without sufficient insurance or financial means from accessing Eylea, which would affect consumer demand.
  • Unpleasant Events and Side Effects Eylea may cause problems or unpleasant effects in certain patients even though it is an effective medication. Patients’ and healthcare professionals’ reluctance may be influenced by worries about these side effects, which could have an impact on market acceptance and prescription rates.
  • Technological Developments New treatments for eye disorders could be made possible by technological developments in medicine, such as gene therapies or different drug delivery systems, which could upset the Eylea market.
  • Economic Factors Patient access to Eylea and healthcare spending might be impacted by economic downturns or changes in healthcare policies in important markets, which can impact market demand and sales growth.
  • Changing Demographics The patient population requiring Eylea treatment may be impacted by changes in disease prevalence and ageing of the population, which could have an impact on market dynamics and demand patterns.

Global Eylea Market Segmentation Analysis

The Global Eylea Market is segmented based on Indication, Distribution Channel, End User And Geography.

Eylea Market, By Indication

  • Age-related Macular Degeneration (AMD) Eylea is indicated for treating neovascular (wet) AMD, a leading cause of vision loss in older adults.
  • Diabetic Macular Edema (DME) Eylea is used to manage DME, a complication of diabetes affecting the retina.
  • Diabetic Retinopathy (DR) Eylea is prescribed for the treatment of DR, a diabetes-related eye disease damaging blood vessels in the retina.
  • Other Ophthalmic Disorders Eylea may be employed for various additional ophthalmic disorders beyond AMD, DME, and DR, as recommended by healthcare providers.

Eylea Market, By Distribution Channel

  • Hospitals Eylea is supplied to hospitals where specialized ophthalmic care is provided.
  • Specialty Clinics Eylea is distributed through specialized ophthalmology clinics catering to patients with specific eye conditions.
  • Retail Pharmacies Eylea is available through retail pharmacies for convenient access to patients.
  • Online Pharmacies Eylea may be procured from online pharmacies, offering accessibility and convenience for patients.

Eylea Market, By End User

  • Hospitals Eylea is utilized in hospital settings where comprehensive eye care services are rendered.
  • Specialty Clinics Eylea is administered in specialty clinics dedicated to ophthalmic care, ensuring specialized treatment.
  • Ambulatory Surgical Centers Eylea treatments may be conducted in ambulatory surgical centers providing outpatient services.

Eylea Market, By Geography

  • North America Market conditions and demand in the United States, Canada, and Mexico.
  • EuropeAnalysis of the Eylea Market in European countries.
  • Asia-PacificFocusing on countries like China, India, Japan, South Korea, and others.
  • Middle East and AfricaExamining market dynamics in the Middle East and African regions.
  • Latin AmericaCovering market trends and developments in countries across Latin America.

Key Players

The major players in the Eylea Market are

  • Regeneron Pharmaceuticals Inc.
  • Bayer AG
  • Santen Pharmaceutical Co Ltd.
  • Momenta Pharmaceuticals Inc.
  • Novartis AG
  • Mylan NV
  • Vertex Pharmaceuticals Incorporated
  • Alvotech Switzerland AG
  • Sanofi SA
  • F. Hoffmann-La Roche AG

Report Scope

REPORT ATTRIBUTESDETAILS
STUDY PERIOD

2020-2030

BASE YEAR

2023

FORECAST PERIOD

2024-2030

HISTORICAL PERIOD

2020-2022

UNIT

Value (USD Billion)

KEY COMPANIES PROFILED

Regeneron Pharmaceuticals Inc., Bayer AG, Santen Pharmaceutical Co Ltd., Momenta Pharmaceuticals Inc., Novartis AG, Mylan NV, Vertex Pharmaceuticals Incorporated, Alvotech Switzerland AG, Sanofi SA, F. Hoffmann-La Roche AG.

SEGMENTS COVERED

By Indication, By Distribution Channel, By End User And By Geography.

CUSTOMIZATION SCOPE

Free report customization (equivalent to up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope

Top Trending Reports

Research Methodology of Market Research

To know more about the Research Methodology and other aspects of the research study, kindly get in touch with our .

Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players• The current as well as future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes an in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post sales analyst support

Customization of the Report

In case of any please connect with our sales team, who will ensure that your requirements are met.

Table of Content

To get a detailed Table of content/ Table of Figures/ Methodology Please contact our sales person at ( chris@marketinsightsresearch.com )
To get a detailed Table of content/ Table of Figures/ Methodology Please contact our sales person at ( chris@marketinsightsresearch.com )