Now Available: Global Diabetic Retinopathy Treatment Market Forecast and Growth 2016-2026 Diabetic Retinopathy Treatment Market to Make Great Impact in Near Future by 2026

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Date Submitted: 03/23/2016 04:12 AM

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Diabetes is a chronic disorder associated with defects in the secretion of insulin from the pancreas or hyperglycemia linked to insulin resistance which ultimately leads to long term multi-organ complications of eye, kidneys, nerves, blood vessels and heart. The most common and severe sight threatening complication of diabetes is Diabetic Retinopathy (DR) with some form of DR present in around 25-33% diabetic persons at any time. It leads to damaging of the blood vessels present in the retina of the eye. As per WHO estimates, DR contributes around 4.8% of blindness globally. In the US, it is the leading cause of vision loss and new-onset of blindness in working adults. At present diabetes effects 336 million people worldwide which are projected to increase by 54% in 2030 and more than 75% among these diabetic for more than 20 years are likely to have some form of diabetic retinopathy.

Diabetic Retinopathy Treatment Market: Drivers and Restraints

Diabetic Retinopathy affects both type 1 and type 2 diabetic patients and with prolific increase in patient pool for both the indication, the market for diabetic retinopathy holds great hopes. As per WHO, 41 percent of the population with diabetes are elderly hence the growing market for diabetic retinopathy can be attributed to expanding geriatric population size. In addition to this, up-gradation of healthcare infrastructure along with the growing demand for early detection systems are some of the high impact rendering drivers for the DR market. Also the clinical pipeline for DR seems full of promises with lots of drug under umbrella specifically targeting diabetic retinopathy among the diabetic patients. However, a dearth of skilled ophthalmologist combined with poor primary infrastructure and lack of insurance facilities are restraining the growth of global diabetic retinopathy market.

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