Retinal Biosimilars Market 2018-2026 Shares, Trend and Growth Report
Fact.MR has announced the addition of the “Retinal Biosimilars Market Forecast, Trend Analysis & Competition Tracking - Global Market Insights 2018 to 2026"report to their offering.
[UKPRwire, Mon Aug 19 2019] The retinal biosimilars market has witnessed a remarkable boost with the approval of several retinal biosimilars in 2017. Amgen’s Amgevita in March, f Biogen/Samsung Bioepis’s Imraldi in August, and Boehringer Ingelheim Internationl’s Cyltezo in November were approved in their respective regions. The slow adoption of retinal biosimilars is anticipated due to the initial reluctance of physicians to prescribe retinal biosimilars for individuals who have been using branded products over a long period of time. It is anticipated that retinal biosimilars, over the forecast period, could exploit their commercial potential due to the patent expiration of existing therapies such as Lucentis, Eyela, and others.
Retinal Biosimilars Market: Drivers and Restraints
The growing prevalence and recurrence of retinal diseases is expected to be the major factor driving the growth of the retinal biosimilars market over the coming years. Various initiatives conducted by different organizations across the globe spread awareness related to the treatment and diagnosis of ophthalmic diseases. The International Centre for Eye Health (ICEH) focuses on spreading awareness regarding eye health anomalies and treatment. The World Glaucoma Congress, organized by the World Glaucoma Association, is conducted every year in order to spread awareness and discuss about the various glaucoma treatments and advancements regarding eye related disorders. Seminars organized by MDA (Macular Degeneration Association, Inc) across various regions promote treatment penetration for age-related macular degeneration (AMD). These initiatives are expected to fuel the growth and increase the adoption of retinal biosimilars. The launch and addition of new retinal biosimilars is another factor contributing to the growth of the global retinal biosimilars market.
Request Free Sample Report@ https://www.factmr.com/connectus/sample?flag=S&rep_id=2418
Retinal Biosimilars Market: Segmentation
Tentatively, the global retinal biosimilars market can be segmented on the basis of indication, distribution channel, and geography.
Based on indication, the global biosimilars market is segmented as:
Diabetic Eye Disease
Based on distribution channel, the global retinal biosimilars market is segmented as:
Retinal Biosimilars Market: Overview
Although the retinal biosimilars market is in its infancy stage, it is expected to witness robust growth over the coming years, globally. There is high competition in the retinal biosimilars market amongst local and regional players. Among the indication segments, the retinoblastoma and macular degeneration segments are expected to lead in the global retinal biosimilars market. The hospital pharmacies segment by distribution channel is expected to contribute a high market revenue share in the retinal biosimilars market, as it is the most accessible channel with a majority of patients and treatment seekers. The pharmaceutical industry is witnessing various technological advancements, and these advancements offer robust features and facilities to patients, which is further expected to drive the growth of the retinal biosimilars market.
Retinal Biosimilars Market: Regional Outlook
On the basis of geography, the global retinal biosimilars market is segmented into six key regions, viz. North America, Latin America, Europe, Asia Pacific excluding China, China, and the Middle East & Africa. North America is expected to hold maximum market share in the global retinal biosimilars market, majorly due to the country’s strong economy, increasing patient awareness, technological innovation, and high investments in research and development. Europe is expected to hold the second-highest market share in the global retinal biosimilars market, owing to the increasing prevalence of eye diseases. The Asia Pacific retinal biosimilars market is anticipated to hold a significant share in the global retinal biosimilars market, due to the developing economy and the presence of key manufacturers. The Latin American retinal biosimilars market is expected to show potential growth opportunities in the near future, due to extensive developments in the healthcare infrastructure. However, the Middle East & Africa is expected to register the least market share in the global retinal biosimilars market.
Request/View TOC@ https://www.factmr.com/connectus/sample?flag=T&rep_id=2418
Retinal Biosimilars Market: Key Players
The global market for retinal biosimilars is highly competitive. Examples of some of the key players operating in the global retinal biosimilars market are Reliance Life Sciences, Hetero Drugs Limited, PFENEX INC, Intas Pharmaceuticals, Santo Holding, Sandoz Inc, Genentech USA Inc, Regeneron, Shire Plc, Bayer AG, and others.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators, and governing factors, along with market attractiveness as per segment. The report also maps the qualitative impact of various market factors on market segments and geographies.
The report covers exhaustive analysis on:
Supply & Demand
Competition & Companies Involved
Regional analysis includes
Asia Pacific Excluding Japan
Middle East and Africa
Detailed overview of parent market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current, and projected market size in terms of volume and value
Recent industry trends and developments
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
Must-have information for market players to sustain and enhance their market footprint
Report Analysis@ https://www.factmr.com/report/2418/retinal-biosimilars-market
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.
11140 Rockville Pike
Rockville, MD 20852
News sites: https://theguardiantribune.com