PUBLISHER: GlobalData | PRODUCT CODE: 1405098
PUBLISHER: GlobalData | PRODUCT CODE: 1405098
This report covers the 7MM (US, France, Germany, Italy, Spain, UK, Japan) and provides an Excel-based forecast model for the Age-Related Macular Degeneration (AMD) market through 2031.
Drug sales in the AMD pharmacotherapy market are expected to grow by a significant margin between 2021 and 2031, with an overall compound annual growth rate (CAGR) of 14.1% over the forecast period. In 2021, GlobalData estimated the total AMD market to be valued at $7.4 billion across the 7MM, with the US accounting for 51.7% of the market. The five major European markets (5EU) (France, Germany, Italy, Spain, and UK) accounted for 40.8% of the global AMD market with an estimated value of $3.0 billion, and Japan's AMD market was estimated to be $550.8 million in 2021, accounting for 7.5% of the market.
Over the forecast period, the AMD market is anticipated to grow to a value of $27.5 billion in 2031, with the US anticipated to account for 72.1% of the global market and a market value of $19.8 billion. The US is anticipated to experience the fastest growth during this period with a CAGR of 18.0%, while the 5EU is anticipated to grow at a CAGR of 9.0% to reach a market value of $7.1 billion in 2031. Japan is anticipated to witness the slowest growth among the 7MM with a CAGR of 0.4% during the forecast period and a market value of $570.9 million in 2031.
Report deliverables include a Pdf report and an Excel-based forecast model
Forecast includes the 7 major markets (7MM)
Forecast covers the period 2021-2031.
2021 base year sales within the AMD market are approximately $7.4 billion across the 7MM detailed in this report. GlobalData estimates that the AMD market will grow at a compound annual growth rate (CAGR) of 14.1% to reach $27.5 billion by the end of the forecast period.