Increase in the Number of Combination Therapies to Boost Demand in the Global Market

Novel biological drugs are now being introduced owing to the increase in prevalence of macular edema cases. Even standard drugs such as Corticosteroids and anti-VEGF that are viewed as the first-line treatment for non-infectious macular edema are facing a limitation in use due to the associated side effects. This has given a leverage to companies to come up with other effective therapies. The new trends include a rise in the prescription of combination therapies that are more reliable in complex cases. This has increased the efficiency of the treatment process. An increase in the use of combination drugs is anticipated to spur demand in the non-infectious macular edema treatment market.

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Rate of Incidence of Macular Edema High in Europe Due to the Rising Prevalence of Diabetes

Diabetes related complications are one of the main causes of macular edema and there is a high rate of Diabetic Macular Edema (DME) in several countries across Europe. This makes the European market highly lucrative for manufacturers to introduce newer therapies and treatment options. However, the market forecast for the period of 2018-2026 projects North America to be the leading region in the global non-infectious macular edema treatment market with a valuation of over US$ 5,900 Mn by the end of 2026. In terms of growth rate, APAC is anticipated to exhibit growth at the fastest rate during the forecast period.

Competitive Landscape

Leading pharmaceutical and drug manufacturing companies from developed countries are investing substantially in R&D, infrastructure and new technologies in ophthalmology therapeutics to capture significant market share. Several companies are involved in mergers and acquisitions to design new and innovative treatment options for macular edema. Some of the leading companies that dominate the market currently include Allergan, Plc. Pfizer, Inc., Novartis AG, F. Hoffman – La Roche Ltd., AbbVie Inc. etc.

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