Categories: Market Research

Panuveitis Treatment Market Forecast 2024-2033: Growth Rate, Drivers, And Trends

The Panuveitis Treatment Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).

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According to The Business Research Company’s Panuveitis Treatment Global Market Report 2024, The panuveitis treatment market size has grown rapidly in recent years. It will grow from $3.6 billion in 2023 to $3.98 billion in 2024 at a compound annual growth rate (CAGR) of 10.7%. The growth in the historic period can be attributed to increased prevalence of uveitis, increased awareness and early diagnosis, improved drug delivery systems, patient advocacy initiatives, government support and regulatory approvals..

The panuveitis treatment market size is expected to see strong growth in the next few years. It will grow to $5.74 billion in 2028 at a compound annual growth rate (CAGR) of 9.6%. The growth in the forecast period can be attributed to personalized medicine approaches, emerging therapeutic modalities, focus on patient-centric care, global health preparedness, precision medicine initiatives, healthcare policy changes.. Major trends in the forecast period include combination therapies for synergistic effects, telemedicine and remote monitoring, advancements in imaging technologies, integration of artificial intelligence, global collaborations in research..

The increasing prevalence of eye-related diseases is expected to propel the growth of the panuveitis treatment market going forward. Eye-related diseases, also known as ocular diseases or eye conditions, are medical conditions that affect the health and function of the eyes. Panuveitis treatment reduces inflammation, prevents complications, and improves the quality of life for patients suffering from eye diseases. For instance, in December 2022, according to the Centers for Disease Control and Prevention (CDC), a US-based public health agency, 20.5 million Americans over 40 had at least one cataract. Additionally, it is anticipated that approximately 30 million people will have cataract eye disease by 2028. Therefore, the increasing prevalence of eye-related diseases drives the panuveitis treatment market.

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The panuveitis treatment market covered in this report is segmented –

1) By Drug Class: Anti-Inflammatory, Antimicrobial Drugs, Immunotherapy And Targeted Therapies

2) By Route of Administration: Oral, Topical

3) By End Users: Hospitals, Home Care, Specialty Clinics, Other End Users

Major companies operating in the panuveitis treatment market are focusing on developing innovative products such as Xipere to provide reliable services to their customers. Xipere (triamcinolone acetonide) is a corticosteroid injected suprachoroidally for treating macular oedema brought on by eye inflammation. For instance, in February 2022, Clearside Biomedical Inc., a US-based biopharmaceutical company that specializes in developing innovative drug delivery solutions for the treatment of eye diseases, launched Xipere for the treatment of macular edema associated with uveitis and panuveitis in the United States. Xipere is the first approved therapy that contains triamcinolone acetonide, which is a corticosteroid medication that is sterile, free of preservatives, and designed for suprachoroidal administration utilizing Clearside’s patented microinjector for the suprachoroidal space (SCS).

The panuveitis treatment market report table of contents includes: