South Africa Diabetic Retinopathy Therapeutic Market Analysis

South Africa Diabetic Retinopathy Therapeutic Market Analysis


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South Africa Diabetic Retinopathy Therapeutic Market is projected to grow from $xx Mn in 2022 to $xx Mn by 2030, registering a CAGR of xx% during the forecast period of 2022 - 2030. Increasing prevalence of diabetes, growing awareness and early diagnosis, advancements in technology and treatment options, government initiatives and healthcare expenditure, and the aging population are the drivers of the diabetic retinopathy therapeutic market. Prominent global players in the market include Novartis AG, Roche Holdings AG, Regeneron Pharmaceuticals, Bayer AG, Allergan plc (AbbVie Inc.), Alimera Sciences, Bausch Health Companies Inc., Topcon Corporation, Carl Zeiss Meditec AG and NIDEK Co., Ltd.

ID: IN10ZAPH272 CATEGORY: Pharmaceuticals GEOGRAPHY: South Africa AUTHOR: Dr. Netal Patel

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South Africa Diabetic Retinopathy Therapeutic Market Analysis Summary

South Africa Diabetic Retinopathy Therapeutic Market is valued at around $45 Mn in 2022 and is projected to reach $82.2 Mn by 2030, exhibiting a CAGR of 7.83% during the forecast period 2023-2030.

Diabetic retinopathy is an eye disorder that can lead to vision loss and blindness in diabetics. The diabetic retinopathy therapeutic market is being driven by rising diabetes incidence, increased awareness, and early diagnosis, developments in technology and treatment options, government initiatives and healthcare expenditure, and an aging population. Prominent global players in the market include Novartis AG, Roche Holdings AG, Regeneron Pharmaceuticals, Bayer AG, Allergan plc (AbbVie Inc.), Alimera Sciences, Bausch Health Companies Inc., Topcon Corporation, Carl Zeiss Meditec AG and NIDEK Co., Ltd.

Market Dynamics

Market Growth Drivers

Diabetes prevalence is increasing globally, which is a primary driver for the diabetic retinopathy treatment market. Diabetes retinopathy is a prevalent consequence of diabetes, increasing the demand for effective treatments. Technological improvements, such as the development of novel medications, surgical procedures, and retinal imaging technologies, help to drive market expansion. In growing nations, government measures to improve healthcare infrastructure and rising healthcare expenditure encourage market growth. Additionally, The aging population is more susceptible to diabetes and related complications, including diabetic retinopathy, creating a larger patient pool.

Market Restraints

  1. High treatment costs: The cost of diabetic retinopathy treatments, including drugs, surgery, and retinal imaging, can be a significant barrier to access for patients, particularly in developing regions
  2. Limited healthcare access in developing regions: Lack of adequate healthcare infrastructure and limited access to diagnostic facilities and specialized treatment centers in certain regions can impede market growth
  3. Side effects and safety concerns: Some therapeutic interventions may have potential side effects or safety concerns, which could impact patient acceptance and market growth

Competitive Landscape

Key Players

  • Novartis AG
  • Roche Holdings AG
  • Regeneron Pharmaceuticals
  • Bayer AG
  • Allergan plc (AbbVie Inc.)
  • Alimera Sciences
  • Bausch Health Companies Inc.
  • Topcon Corporation
  • Carl Zeiss Meditec AG
  • NIDEK Co., Ltd.

1. Executive Summary
1.1 Disease Overview
1.2 Global Scenario
1.3 Country Overview
1.4 Healthcare Scenario in Country
1.5 Patient Journey
1.6 Health Insurance Coverage in Country
1.7 Active Pharmaceutical Ingredient (API)
1.8 Recent Developments in the Country

2. Market Size and Forecasting
2.1 Epidemiology of Disease
2.2 Market Size (With Excel & Methodology)
2.3 Market Segmentation (Check all Segments in Segmentation Section)

3. Market Dynamics
3.1 Market Drivers
3.2 Market Restraints

4. Competitive Landscape
4.1 Major Market Share

4.2 Key Company Profile (Check all Companies in the Summary Section)

4.2.1 Company
4.2.1.1 Overview
4.2.1.2 Product Applications and Services
4.2.1.3 Recent Developments
4.2.1.4 Partnerships Ecosystem
4.2.1.5 Financials (Based on Availability)

5. Reimbursement Scenario
5.1 Reimbursement Regulation
5.2 Reimbursement Process for Diagnosis
5.3 Reimbursement Process for Treatment

6. Methodology and Scope

South Africa Diabetic Retinopathy Therapeutic Market Segmentation

By Treatment Type

  • Drug Therapies
  • Anti-VEGF Agents
  • Corticosteroids
  • Laser Surgeries
  • Vitrectomy
  • Others

By End User

  • Hospitals
  • Ophthalmic Clinics
  • Research Institutes
  • Others

Methodology for Database Creation

Our database offers a comprehensive list of healthcare centers, meticulously curated to provide detailed information on a wide range of specialties and services. It includes top-tier hospitals, clinics, and diagnostic facilities across 30 countries and 24 specialties, ensuring users can find the healthcare services they need.​

Additionally, we provide a comprehensive list of Key Opinion Leaders (KOLs) based on your requirements. Our curated list captures various crucial aspects of the KOLs, offering more than just general information. Whether you're looking to boost brand awareness, drive engagement, or launch a new product, our extensive list of KOLs ensures you have the right experts by your side. Covering 30 countries and 36 specialties, our database guarantees access to the best KOLs in the healthcare industry, supporting strategic decisions and enhancing your initiatives.

How Do We Get It?

Our database is created and maintained through a combination of secondary and primary research methodologies.

1. Secondary Research

With many years of experience in the healthcare field, we have our own rich proprietary data from various past projects. This historical data serves as the foundation for our database. Our continuous process of gathering data involves:

  • Analyzing historical proprietary data collected from multiple projects.
  • Regularly updating our existing data sets with new findings and trends.
  • Ensuring data consistency and accuracy through rigorous validation processes.

With extensive experience in the field, we have developed a proprietary GenAI-based technology that is uniquely tailored to our organization. This advanced technology enables us to scan a wide array of relevant information sources across the internet. Our data-gathering process includes:

  • Searching through academic conferences, published research, citations, and social media platforms
  • Collecting and compiling diverse data to build a comprehensive and detailed database
  • Continuously updating our database with new information to ensure its relevance and accuracy

2. Primary Research

To complement and validate our secondary data, we engage in primary research through local tie-ups and partnerships. This process involves:

  • Collaborating with local healthcare providers, hospitals, and clinics to gather real-time data.
  • Conducting surveys, interviews, and field studies to collect fresh data directly from the source.
  • Continuously refreshing our database to ensure that the information remains current and reliable.
  • Validating secondary data through cross-referencing with primary data to ensure accuracy and relevance.

Combining Secondary and Primary Research

By integrating both secondary and primary research methodologies, we ensure that our database is comprehensive, accurate, and up-to-date. The combined process involves:

  • Merging historical data from secondary research with real-time data from primary research.
  • Conducting thorough data validation and cleansing to remove inconsistencies and errors.
  • Organizing data into a structured format that is easily accessible and usable for various applications.
  • Continuously monitoring and updating the database to reflect the latest developments and trends in the healthcare field.

Through this meticulous process, we create a final database tailored to each region and domain within the healthcare industry. This approach ensures that our clients receive reliable and relevant data, empowering them to make informed decisions and drive innovation in their respective fields.

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Last updated on: 27 February 2024
Updated by: Riya Doshi

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