Age Related Vision Dysfunction Market is expected to be valued at US$ 130 billion by 2033 | FMI

A recently published study by FMI expects the global Age-Related Vision Dysfunction Market to augment at a 3.7% CAGR from 2023 to 2033. By the end of the said assessment period, a valuation of US$ 130 Billion is expected for the market. The rising incidence of visual impairment and blindness is a primary driver of the global age related vision dysfunction market’s expansion.

Furthermore, the rising prevalence of eye illnesses such as diabetic, glaucoma, cataract, and age-related macular degeneration is expected to boost demand for assistive technology in age related vision dysfunction. As a result, the worldwide age related vision dysfunction market will expand. For example, the World Glaucoma Association estimates that 79.6 million people would develop glaucoma by 2020. This figure is expected to rise to 111.8 million by 2040.

According to a United Nations (UN) estimate, the worldwide population of people aged 60 and more was around 962 million in 2017, with a projected increase to 2.1 billion by 2050 According to the National Federation of the Blind, an estimated 3,171,100 persons aged 65 and older in the United States had visual impairment in 2016. All these factors are likely to drive the age related vision dysfunction market during the forecast period

Get a Sample Copy of the Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-16212

Key Takeaways from the Market Study

  • FMI projects the global Age Related Vision Dysfunction market to expand at a 3.7% value CAGR by 2033
  • The global Age Related Vision Dysfunction market is estimated at a market value of US$ 90 Billion
  • The global Age Related Vision Dysfunction market is expected to garner a market value of US$ 130 Billion
  • As per Future Market Insights, Asia Pacific is expected to grow at a CAGR of 3.5% in the assessment period 2023-2033.
  • As per Future Market Insights, North America is expected to grow at a CAGR of 3.6% in the assessment period 2023-2033.
  • As per Future Market Insights, Europe is expected to grow at a CAGR of 3.3% in the assessment period 2023-2033.
  • The glaucoma segment is expected to hold the largest market share for Age Related Vision Dysfunction in the forecast period 2023-2033

 “Increased government measures to develop assistive technology and supply assistive technology equipment to the disabled is also predicted to fuel growth in the worldwide age related vision dysfunction market.”Says an analyst at FMI

Market Competition

  • Aerie Pharmaceuticals
  • Santen Pharmaceutical
  • Sun Pharma Advanced Research Company Limited
  • Bausch + Lomb
  • D Western Therapeutics Institute
  • Novartis
  • AbbVie
  • Eyenovia
  • Orasis Pharmaceuticals
  • IVERIC Bio

Speak to our Research Expert @ https://www.futuremarketinsights.com/ask-question/rep-gb-16212

Recent Developments:

  • In May 2020, AbbVie Inc. finalised the strategic acquisition of Allergan plc. As a result of this purchase, AbbVie Inc. has positioned itself as a market leader in the age related vision dysfunction

Key Segments Profiled in the Age Related Vision Dysfunction Market Industry Survey

Age Related Vision Dysfunction Market by Dysfunction Type:

  • Cataract
  • AMD
  • Glaucoma
  • Presbyopia

Age Related Vision Dysfunction Market by Drug:

  • Rocklatan
  • Eybelis Ophthalmic Solution
  • Xelpros
  • Rhopressa
  • Vyzulta
  • Glanatec
  • Simbrinza
  • Tapcom/DE-111
  • Azarga/Azorga
  • Combigan
  • Lucentis
  • Eylea
  • Beovu

Visit for Customization @ https://www.futuremarketinsights.com/customization-available/rep-gb-16212

Age Related Vision Dysfunction Market by Region:

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa

About Future Market Insights (FMI) 

Future Market Insights (ESOMAR-certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Browse All Reports: https://www.futuremarketinsights.com/reports
LinkedInTwitterBlogs

 

About the Author

Ronak Shah

Associate Vice President at Future Market Insights is deeply committed to uncovering actionable insights for consumer and food and beverage players. She brings a unique blend of analysis, industry trends, and consumer behavior to put data into perspective.

What she makes out of data becomes a delight to read. She has authored many opinions, including for publications like Process Industry Informer and Spinal Surgery News, as she understands the market pulse and consumers' shifting preferences.

She likes to bring experts to a roundtable to weigh the impact of a trend on an industry. Catch up with her discussion on the impact of AI in packaging.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may also like these