The global retinal biologics market continues its impressive growth trajectory, with market revenue reaching USD 19.96 billion in 2021. According to recent industry analysis, the market is projected to nearly double by 2028, achieving a valuation of USD 41.92 billion at a compound annual growth rate (CAGR) of 11.1% between 2022 and 2028.
This rapid growth underscores the increasing demand for advanced biologic therapies to treat retinal disorders, such as age-related macular degeneration (AMD), diabetic retinopathy, and other vision-threatening conditions. The rising prevalence of these diseases, coupled with advancements in biotechnology and a growing emphasis on personalized medicine, is fueling market expansion.
Key Market Drivers:
- Growing incidence of retinal diseases due to aging populations worldwide.
- Rising adoption of innovative biologic treatments over conventional therapies.
- Increased investments in research and development for ophthalmology biologics.
Competitive Landscape
Several companies are entering into licensing and collaboration agreements to expand their products into various countries across the world to cater to unmet demand. Leading market players are concentrating their efforts on research & development to discover new medications and improve treatment options.
For instance,
- In 2021, SemaThera Inc. and Roche established a multi-year research and licensing relationship to expand SemaThera’s novel biologics portfolio for the treatment of ischemic retinal illnesses such as diabetic retinopathy.
Key Companies Profiled
Spark Therapeutics, Inc.; F. Hoffmann-La Roche Ltd.; Regeneron Pharmaceuticals, Inc.; AbbVie Inc.; Amgen Inc.; Novartis Pharma AG; MeiraGTx Limited; Oxurion NV; Santen Pharmaceutical Co., Ltd.; Bayer AG; Bausch Health Companies Inc.; Merck & Co., Inc.
Key Segments of Retinal Biologics Industry Survey
Retinal Biologics Market by Drug Class:
- VEGF-A Antagonists
- TNF-α Inhibitors
Retinal Biologics Market by Indication:
- Macular Degeneration
- Diabetic Macular Edema
- Diabetic Retinopathy
- Uveitis
- Others
Retinal Biologics Market by Distribution Channel:
- Institutional Sales
- Retail Pharmacies
- Mail Order Pharmacies
- Retail Sales
Retinal Biologics Market by Region:
- North America Retinal Biologics Market
- Latin America Retinal Biologics Market
- Europe Retinal Biologics Market
- East Asia Retinal Biologics Market
- South Asia & Pacific Retinal Biologics Market
- Middle East & Africa (MEA) Retinal Biologics Market
Author By:
Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.
Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.
Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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