Global Diabetic Macular Edema
Market Report
2024
Diabetic macular edema market size is USD 3951.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 1.60% from 2024 to 2031.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global diabetic macular edema market size is USD 3951.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 1.60% from 2024 to 2031.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Diabetic Macular Edema Market Sales Revenue 2024 | $ 3951.2 Million |
Global Diabetic Macular Edema Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 1.6% |
North America Diabetic Macular Edema Market Sales Revenue 2024 | $ 1580.48 Million |
North America Diabetic Macular Edema Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 0.2% |
Europe Diabetic Macular Edema Market Sales Revenue 2024 | $ 1185.36 Million |
Europe Diabetic Macular Edema Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 0.1% |
Asia Pacific Diabetic Macular Edema Market Sales Revenue 2024 | $ 908.78 Million |
Asia Pacific Diabetic Macular Edema Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 3.6% |
South America Diabetic Macular Edema Market Sales Revenue 2024 | $ 197.56 Million |
South America Diabetic Macular Edema Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 1% |
Middle East and Africa Diabetic Macular Edema Market Sales Revenue 2024 | $ 79.02 Million |
Middle East and Africa Diabetic Macular Edema Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 1.3% |
Market Split by Drug |
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Market Split by Form |
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Market Split by Distribution Channel |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Diabetic Macular Edema Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Diabetic macular edema (DME) is a complication of diabetes where fluid leaks into the macula, the central part of the retina, causing swelling and blurred vision. It is a leading cause of vision loss among diabetic individuals and requires careful management to prevent permanent damage to vision. One of the key drivers propelling the growth of the diabetic macular edema market is the rising global prevalence of diabetes. As diabetes progresses, individuals are at a higher risk of developing DME, a severe complication that can lead to vision impairment or blindness. This increasing diabetic population directly correlates with a larger pool of potential DME patients, thereby stimulating demand for related treatments and therapies within the market.
Another significant driver shaping the diabetic macular edema market is a rise in the aged population. As people age, they become more susceptible to developing diabetes, a leading cause of macular edema. With advancements in healthcare and improved life expectancy, the global population of aged individuals is increasing. This demographic trend is accompanied by a higher incidence of diabetes-related complications, including diabetic macular edema. Consequently, the growing elderly population contributes significantly to the expansion of the market for treatments and management strategies targeting diabetic macular edema.
To treat age-related macular degeneration combined with subfoveal choroidal neovascularization and diabetic macular edema, Japanese pharmaceutical giant Chugai got regulatory approval from the Ministry of Health, Labour and Welfare in March 2022 for Vabysmo (faricimab) for intravitreal injection (DME).
(Source:https://www.chugaipharm.co.jp/english/news/detail/20220328160002_909.html)
One key driver in the diabetic macular edema market is the Increased awareness of diabetic retinopathy. As people become more informed about the risks and consequences of diabetic retinopathy, they are more likely to seek screening and treatment for related conditions such as DME. Its heightened awareness prompts earlier diagnosis and intervention, driving demand for DME treatments and leading to advancements in therapies targeting this condition.
Another key driver in the diabetic macular edema market is the Advances in imaging techniques. Techniques such as Optical Coherence Tomography provide high-resolution cross-sectional images of the retina, enabling precise monitoring of disease progression and reaction to treatment. Additionally, Fluorescein Angiography (FA) and Fundus Photography offer valuable insights into the vascular changes associated with DME. These imaging modalities enhance early detection, accurate diagnosis, and personalized treatment planning, thereby driving the market by improving clinical outcomes and patient care in DME management.
One key restraint in the diabetic macular edema market is the challenge of high treatment costs in compact and portable devices. The expenses associated with therapies, including anti-VEGF injections, corticosteroids, and laser therapy, pose financial burdens on patients and healthcare systems. These costs encompass not only the medication or procedure itself but also frequent monitoring visits and potential complications management. Consequently, accessibility to effective treatments becomes limited, particularly for patients in resource-constrained settings or those without adequate insurance coverage. Moreover, the financial strain on healthcare budgets may lead to reimbursement challenges and adoption barriers for innovative therapies, thereby impeding market growth and hindering optimal management of DME.
The diabetic macular edema market experienced both challenges and opportunities due to the impact of COVID-19. With healthcare systems overwhelmed and resources diverted, patients may need more time for diagnosis and treatment. Additionally, access to healthcare facilities and regular check-ups may be limited, exacerbating the condition. However, advancements in telemedicine and remote monitoring have provided alternative avenues for patient care. Pharmaceutical companies may also experience disruptions in clinical trials and drug development processes, affecting the availability of new therapies. Despite these challenges, increased awareness of the importance of managing chronic conditions like DME and ongoing research efforts to find innovative solutions remain pivotal in addressing the needs of patients during these challenging times.
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The market for diabetic macular edema (DME) treatments is fiercely competitive, with numerous pharmaceutical companies striving to develop innovative therapies. Pricing strategies, regulatory approvals, and partnerships with healthcare providers are vital factors influencing market dynamics as companies vie for market share in this rapidly evolving landscape.
Top Companies Market Share in Diabetic Macular Edema Industry: (In no particular order of Rank)
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According to Cognitive Market Research, North America dominated the market in 2024 and accounted for around 40% of the global revenue. The region boasts advanced healthcare infrastructure, a high prevalence of diabetes, and extensive research and development activities. The region's focus on technological innovation and the presence of market players contribute to the spread of treatment options and improved patient outcomes, positioning North America as a significant hub for DME management.
Asia-Pacific stands out as the fastest-growing region in the diabetic macular edema market due to the prevalence of diabetes and increasing awareness about DME-related complications. Countries like China, India, and Japan are major contributors to market expansion, driven by advancements in healthcare infrastructure and increasing adoption of innovative treatment options. Additionally, supportive government initiatives and strategic collaborations further propel market growth in the region.
The current report Scope analyzes Diabetic Macular Edema Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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According to Cognitive Market Research, the global diabetic macular edema market size was estimated at USD 3951.2 Million, out of which North America held the major market of more than 40% of the global revenue with a market size of USD 1580.48 million in 2024 and will grow at a compound annual growth rate (CAGR) of -0.2% from 2024 to 2031. In North America, the diabetic macular edema market exhibits a promising landscape characterized by technological advancements in diagnostic tools and treatment options, increasing prevalence of diabetes, rising awareness about eye health, and supportive government initiatives. Additionally, a growing elderly population and lifestyle changes contributing to diabetes incidence further propel market growth. These factors collectively stimulate research and development efforts, leading to innovative therapies and better patient outcomes in the management of DME within the North American region.
According to Cognitive Market Research, the global diabetic macular edema market size was estimated at USD 3951.2 Million, out of which Europe held the market of more than 30% of the global revenue with a market size of USD 1185.36 million in 2024 and will grow at a compound annual growth rate (CAGR) of 0.1% from 2024 to 2031. In Europe, the diabetic macular edema market presents a dynamic landscape characterized by the increasing prevalence of diabetes, rising geriatric population, advancements in diagnostic technologies, and growing awareness about treatment options. Additionally, favorable reimbursement policies and government initiatives aimed at improving healthcare infrastructure further propel market growth. Moreover, collaborations between companies and research institutions for the development of novel therapeutics contribute to the expansion of the DME market in Europe.
According to Cognitive Market Research, the global diabetic macular edema market size was estimated at USD 3951.2 Million, out of which Asia Pacific held the market of around 23% of the global revenue with a market size of USD 908.78 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.6% from 2024 to 2031. In the Asia Pacific region, the diabetic macular edema market exhibits robust growth prospects driven by the increasing prevalence of diabetes, the rising aging population, the adoption of unhealthy lifestyles, and the improvement of healthcare infrastructure, which contribute to market growth. Additionally, advancements in diagnostic technologies and treatment modalities, along with government initiatives to address diabetic complications, further stimulate market expansion. Moreover, growing awareness among patients and healthcare professionals about DME management enhances market prospects, driving demand for effective therapeutic interventions in the region. According to Cognitive Market Research, the China diabetic macular edema market size was valued at USD 408.95 million in 2024 and is projected to grow at a CAGR of 3.1% during the forecast period. Diabetic macular edema sales surged in China due to the nation's government initiatives promoting early detection and management, further fueling the growth. The Japan diabetic macular edema market is projected to witness growth at a CAGR of 2.1% during the forecast period, with a market size of USD 125.41 million in 2024. The Indian diabetic macular edema market had a market share of USD 109.05 million in 2024 and is projected to grow at a CAGR of 5.4% during the forecast period. The demand is augmented by India's improving healthcare infrastructure and rising disposable income. The South Korean diabetic macular edema market is projected to grow at a CAGR of 2.7% during the forecast period, reaching a market size of USD 90.88 million in 2024. The Australian diabetic macular edema market is projected to grow at a CAGR of 3.3% during the forecast period, reaching a market size of USD 47.26 million in 2024. The Southeast Asia diabetic macular edema market is projected to grow at a CAGR of 4.6% during the forecast period, reaching a market size of USD 62.71 million in 2024. The Rest of the Asia Pacific diabetic macular edema market is projected to witness growth at a CAGR of 3.4% during the forecast period, with a market size of USD 64.52 million in 2024. .
According to Cognitive Market Research, the global diabetic macular edema market size was estimated at USD 3951.2 Million, out of which Latin America market of more than 5% of the global revenue with a market size of USD 197.56 million in 2024 and will grow at a compound annual growth rate (CAGR) of 1.0% from 2024 to 2031. In Latin America, the diabetic macular edema market showcases promising growth prospects driven by factors such as the increasing prevalence of diabetes, rising awareness about eye health, advancements in diagnostic technologies, and the availability of novel treatment options. Additionally, improving healthcare infrastructure and favorable government initiatives to address diabetic complications contribute to market growth. Furthermore, collaborations between pharmaceutical companies and healthcare organizations for research and development activities are propelling advancements in DME treatment and fostering market expansion in the region.
According to Cognitive Market Research, the global diabetic macular edema market size was estimated at USD 3951.2 Million, out of which the Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 79.02 million in 2024 and will grow at a compound annual growth rate (CAGR) of 1.3% from 2024 to 2031. MEA, the diabetic macular edema market, showcases promising growth prospects driven by factors such as the increasing prevalence of diabetes, rising awareness about diabetic eye diseases, advancements in diagnostic technologies, and the growing adoption of combination therapies. Moreover, initiatives by healthcare organizations to enhance screening programs and improve access to treatment further fuel market growth. Additionally, supportive government policies and investments in healthcare infrastructure contribute to expanding the DME market in the region.
Global Diabetic Macular Edema Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Diabetic Macular Edema Industry growth. Diabetic Macular Edema market has been segmented with the help of its Drug, Form Distribution Channel, and others. Diabetic Macular Edema market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to Cognitive Market Research, anti-VEGF stands out as the dominating category. Anti-VEGF drugs, such as aflibercept, ranibizumab, and bevacizumab, target the overproduction of VEGF, which contributes to vascular leakage and edema in the macula. These therapies aim to reduce fluid accumulation and improve vision.
Corticosteroid Therapies emerge as the fastest-growing category in the diabetic macular edema market. Corticosteroids, like dexamethasone implants and fluocinolone acetonide implants, work by suppressing inflammation and reducing vascular permeability. They offer an alternative for patients who may not respond adequately to anti-VEGF treatment or require longer-lasting effects.
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According to Cognitive Market Research, the dominating category is intravitreal injections. These involve the direct administration of medication into the vitreous cavity of the eye, offering a targeted approach to treating DME. This method typically involves frequent injections to maintain therapeutic levels of medication.
The fastest-growing category in the diabetic macular edema market is intravitreal implants. They are sustained-release devices implanted into the eye to deliver medication gradually over time, reducing the need for frequent injections.
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According to Cognitive Market Research, the dominating category is hospitals. Hospitals, with their comprehensive healthcare infrastructure and multidisciplinary teams, serve as vital distribution channels for DME treatments. They offer a range of services which include diagnostics, treatment, and post-treatment care.
The fastest-growing category in the diabetic macular edema market is specialty clinics. Specialty Clinics, with their focus on specific medical conditions like DME, provide specialized care and often have advanced diagnostic and treatment capabilities tailored to the needs of DME patients.
Senior Research Associate at Cognitive Market Research
Manjiri Kanhere is an experienced market researcher focused on the Pharma & Healthcare industry. With over 3+ years of experience, She has worked with major pharmaceutical companies and healthcare providers, helping them to understand market trends, identify new business opportunities, and develop effective sales & marketing strategies. Her expertise lies in the ability to analyze complex data sets and deliver insights that drive business decisions. At Cognitive Market Research, she handles the market research related to Pharma and healthcare industry.
Manjiri Kanhere is an experienced market researcher focused on the Pharma & Healthcare industry. With over three years of experience, She has worked with major pharmaceutical companies and healthcare providers, helping them to understand market trends, identify new business opportunities, and develop effective sales & marketing strategies.
In her current role, Manjiri handles the market research related to Pharma and healthcare industry. Her passion lies in utilizing innovative approaches to distill complex information into strategic insights that empower organizations to make informed decisions.Manjiri remains an invaluable asset in the dynamic landscape of market research.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
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Drug | Anti-VEGF, Corticosteroid Therapies, Other Off-label Drugs |
Form | Intravitreal Injections, Intravitreal Implants |
Distribution Channel | Hospitals, Specialty Clinics, Mail Order Pharmacies |
List of Competitors | LEO Pharma A/S (Denmark), Amneal Pharmaceuticals LLC (US), Glenmark Pharmaceuticals Limited (India), Dr. Reddy's Laboratories Ltd. (India), AstraZeneca (UK), Johnson & Johnson Private Limited (US), Bausch Health Companies Inc. (Canada), Eli Lilly and Company (US), AbbVie Inc (US), Abbott (US), F Hoffmann-La Roche Ltd (Switzerland), Mylan N V (US), Teva Pharmaceutical Industries Ltd (Israel), Sanofi (France), Novartis AG (Switzerland), Sun Pharmaceutical Industries Ltd (India), Aurobindo Pharma (India), Lupin (India), Allergan (Ireland), Merck & Co Inc (US), IRIDEX Corporation (US), Pfizer Inc.(US), GlaxoSmithKline plc (UK) |
This chapter will help you gain GLOBAL Market Analysis of Diabetic Macular Edema. Further deep in this chapter, you will be able to review Global Diabetic Macular Edema Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
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Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Drug Analysis 2019 -2031, will provide market size split by Drug. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Drug Analysis 2019 -2031
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Chapter 11 Market Split by Form Analysis 2019 -2031
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Chapter 12 Market Split by Distribution Channel Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Diabetic Macular Edema market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Anti-VEGF have a significant impact on Diabetic Macular Edema market? |
What are the key factors affecting the Anti-VEGF and Corticosteroid Therapies of Diabetic Macular Edema Market? |
What is the CAGR/Growth Rate of Intravitreal Injections during the forecast period? |
By type, which segment accounted for largest share of the global Diabetic Macular Edema Market? |
Which region is expected to dominate the global Diabetic Macular Edema Market within the forecast period? |
Segmentation Level Customization |
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Country level Data Customization |
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Additional Data Analysis |
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Additional Quantitative Data |
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Service Level Customization |
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