Market Analysis and Insights: Macular Telangiectasia Treatment Market
Macular Telangiectasia Treatment Market By Types (Type 1 Macular Telangiectasia, Type 2 Macular Telangiectasia), Treatment (Drugs, Surgery), Route of Administration (Oral, Topical and Others), End- Users (Hospitals, Homecare, Specialty Clinics, Ophthalmic Clinic and Others), Distribution Channel (Hospital Pharmacies, Retail Pharmacies, Online Pharmacies), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) - Industry Trends and Forecast to 2026
Global macular telangiectasia treatment market is expected to grow at a steady CAGR in the forecast period of 2019-2026. Growing incidence ocular surface injuries as it can contribute to the neurotrophic keratitis and development of advanced therapies and treatment are the key factors for market growth
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Market Definition: Global Macular Telangiectasia Treatment Market
Macular telangiectasia is also known as idiopathic juxtafoveal retinal telangiectasis is a rare neurodegenerative ocular disorder that affects the part of the eye called the macula which causes loss of central vision. It occurs when the capillaries around the fovea widen (become dilated) and leak, results in fluid build-up which impairing reflection of light and causing progressive vision loss. The first symptom usually is a night blindness as disease progress person develops tunnel vision and eventually leads to loss of central vision.
According to the statistics published in the press release by Neurotech, an estimated population of Macular telangiectasia type 2 is nearly around 1 per 22,000 worldwide. High demand of novel treatment and huge investment on research and development are drivers for market growth.
Market Drivers
• Increase in special designation from the regulatory authorities is drive the market
• Huge financial support to the researchers for developing novel intervention is boosting the market growth
• High demand of disease specific novel treatment can also act as a market driver
• Advancement in treatment such as cellular therapy can improve the vision is also act as factors that drive the market
Market Restraints
• Treatment by Surgery may alter the appearance and function of the eye can threats the patients is also acting as a challenging factor for the growth of this market
• Low healthcare budget in some developing countries is hamper the market growth
Gas Delivery System for Wafer Fab Equipment Market Scope and Market Size
Gas delivery system for wafer fab equipment market is segmented on the basis of bulk gas type, type, component, speciality gases type and end users. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
• On the basis of bulk gas type, gas delivery system for wafer fab equipment market is segmented into atmospheric gases, hydrogen, helium and acetylene.
• Based on the type, the gas delivery system for wafer fab equipment market is segmented into semi-automatic switchover systems, fully automatic programmable switchover systems and single station systems.
• Based on the component, the gas delivery system for wafer fab equipment market is segmented into gas cylinders, manifolds, gas cabinets, switchovers, protocol stations and changeovers.
• Based on speciality gases type, the gas delivery system for wafer fab equipment market is segmented into ammonia (Nh3), hydrogen chloride (Hcl), tungsten hexafluoride (Wf6), nitrogen trifluoride (Nf3), nitrous oxide (N2O), disilane (Si2H6), germane (Geh4) and high purity carbon dioxide (Co2).
• The gas delivery system for wafer fab equipment market is also segmented on the basis of end users into hospitals and specialized surgical centres.
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Segmentation: Global Macular Telangiectasia Treatment Market
By Type
• Type 1 Macular Telangiectasia
• Type 2 Macular Telangiectasia
By Treatment
• Drugs
o Ranibizumab
o Fluocinolone Acetonide
o Others
• Surgery
o Vitreoretinal Surgery
o Subretinal Surgery
By Route of Administration
• Oral
• Topical
• Others
By End Users
• Hospitals
• Homecare
• Specialty Clinics
• Ophthalmic Clinic
• Others
By Distribution Channel
• Hospital Pharmacies
• Retail Pharmacies
• Online Pharmacies
By Geography
• North America
o U.S.
o Canada
o Mexico
• South America
o Brazil
o Rest of South America
• Europe
o Germany
o France
o United Kingdom
o Italy
o Spain
o Russia
o Turkey
o Belgium
o Netherlands
o Switzerland
o Rest of Europe
• Asia-Pacific
o Japan
o China
o South Korea
o India
o Australia
o Singapore
o Thailand
o Malaysia
o Indonesia
o Philippines
o Rest of Asia Pacific
• Middle East & Africa
o South Africa
o Rest of Middle East & Africa
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Key Developments in the Market:
• In February 2019, Neurotech received Fast Track designation from the FDA for NT-501 or Renexus, a encapsulated cell therapy for the treatment of macular telangiectasia type 2 (MacTel). The FDA Fast Track designation enables the company to accelerate the development process which helps patients to have access on the treatment as quickly as possible.
Competitive Analysis:
Global macular telangiectasia treatment market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of global macular telangiectasia treatment market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Key Market Players:
Few of the major competitors currently working in the global macular telangiectasia treatment market are Neurotech, BioInvent International AB, Oxurion NV, Alcon, Allergan, F. Hoffmann-La Roche Ltd, The Emmes Company, LLC, Glenmark Pharmaceuticals Ltd, Sun Pharmaceutical Industries Ltd, Nimble Pharmaceuticals, Encube Ethicals, Glasshouse Pharmaceuticals, LUPIN, Lyne Laboratories, Perrigo Company plc, Akorn, Incorporated, Teva Pharmaceutical Industries Ltd and others.
Research Methodology: Global Macular Telangiectasia Treatment Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Primary Respondents
Demand Side: Doctors, Surgeons, Medical Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Universities, Technological Writers, Scientists, Promoters, and Investors among others.
Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.
Reasons to Purchase this Report
• Current and future of global macular telangiectasia treatment market outlook in the developed and emerging markets
• The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
• Regions/Countries that are expected to witness the fastest growth rates during the forecast period
• The latest developments, market shares, and strategies that are employed by the major market players
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