Market Scenario
Retinal vein occlusion (RVO) is a common vascular disorder of the retina and one of the most common causes of vision loss worldwide. However, it is the second most common cause of vision loss from retinal vascular disease after diabetic retinopathy. The market for retinal vein occlusion is expected to grow at an exponential rate owing to an increasing prevalence of eye diseases and chronic diseases such as diabetes, which are major risk factors for eye disease. Furthermore, rising demand for better treatment methods for eye diseases is fueling the market growth. Consequently, the majority of the market players have a great opportunity in this market as they use strategic approaches such as geographical expansion.
Key Players
Some of the key players in this market are Allergan, Bayer, Bristol-Myers Squibb, Regeneron Pharmaceuticals, Ellex Medical Lasers, GlaxoSmithKline Plc, IRIDEX Corporation, Novartis, Quantel Medical Inc, Topcon Medical Systems, Inc., ZEISS, Lumenis, Sanofi Aventis, Valeant Pharmaceuticals, Alimera Sciences, Fovea Pharmaceuticals SA, Icon Biosciences, Suzuken Co.Ltd, Genentech, Inc., Ranbaxy Pharmaceuticals, Johnson & Johnson Services, Inc, Teva Pharmaceutical, Pfizer Inc., Astrazeneca, Aerpio Therapeutics Inc, Annexin Pharmaceuticals AB and others.
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The retinal vein occlusion market is changing continuously during the last few decades and is expecting a huge development in coming future. Through extensive research, it is found that the market players have adopted the strategy of FDA approvals and acquisitions to expand their market. The key players involved in this strategy are Allergan, Bayer, Bristol-Myers Squibb, Regeneron Pharmaceuticals, Ellex Medical Lasers, GlaxoSmithKline Plc, IRIDEX Corporation. FDA approvals (25%) was the most widely adopted strategy which was adopted by the key market players. The number of key market players involved in distribution agreement (30%), collaboration (15%) and clinical trials (10%), and others were comparatively low. The market players which were involved in others are Novartis, Quantel Medical Inc, Topcon Medical Systems, Inc., and ZEISS among others in the global retinal vein occlusion market.
However, high cost and side-effects associated with the treatment may affect the growth of the global retinal vein occlusion market negatively.
The global retinal vein occlusion market is expected to grow at a CAGR of 11.2% during the forecast period 2017-2023.
Segmentation
The global retinal vein occlusion market is segmented on the basis of type, condition, diagnosis, treatment and end user.
On the basis the type, it is segmented into branch retinal artery occlusion and central retinal vein occlusion.
On the basis of the condition, it is segmented into non-ischemic and ischemic.
Based on the diagnosis, it is segmented into optical coherence tomography (OCT), fundoscopic examination, fluorescein angiography, and others.
On the basis of treatment, it is segmented into antivascular endothelial growth factor, corticosteroid drugs, laser retinal photocoagulation, and others.
On the basis of the end users, it is segmented into hospitals and clinics, research & academics centers, and others.
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TABLE OF CONTENTS
1 REPORT PROLOGUE
2 MARKET INTRODUCTION
2.1 Definition 19
2.2 Scope Of Study 19
2.3 Research Objective 19
2.4 Assumptions & Limitations 20
2.4.1 Assumptions 20
2.4.2 Limitations 20
2.5 Market Structure 20
3 RESEARCH METHODOLOGY
3.1.1 Primary Research Methodology 22
3.1.2 Secondary Research Methodology 23
3.1.3 Market Share Analysis 23
3.1.4 Market Pricing Approach 23
4 MARKET DYNAMICS
4.1 Introduction 25
4.2 Drivers 26
4.2.1 Increasing Prevalence Of Diabetes And Atherosclerosis (Impact Weightage 40%) 26
4.2.2 Change In Lifestyle (Impact Weightage 35%) 27
4.2.3 Increasing Prevalence Of Glaucoma, Lymphoma, And Multiple Myeloma (Impact Weightage 25%) 28
4.3 Restraints 29
4.3.1 Side Effect Of Treatment (Impact Weightage 60%) 29
4.3.2 High Cost Of Treatment (Impact Weightage 40%) 30
5 MARKET FACTOR ANALYSIS
5.1 Porters Five Forces Model 31
5.1.1 Bargaining Power Of Suppliers 32
5.1.2 Bargaining Power Of Buyers 32
5.1.3 Threat Of New Entrants 32
5.1.4 Threat Of Substitutes 32
5.1.5 Intensity Of Rivalry 33
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