| Market Size 2023 (Base Year) | USD 11.6 Billion |
| Market Size 2032 (Forecast Year) | USD 20.65 Billion |
| CAGR | 6.62% |
| Forecast Period | 2024 - 2032 |
| Historical Period | 2018 - 2023 |
According to Market Research Store, the global age related macular degeneration market size was valued at around USD 11.6 billion in 2023 and is estimated to reach USD 20.65 billion by 2032, to register a CAGR of approximately 6.62% in terms of revenue during the forecast period 2024-2032.
The age related macular degeneration report provides a comprehensive analysis of the market, including its size, share, growth trends, revenue details, and other crucial information regarding the target market. It also covers the drivers, restraints, opportunities, and challenges till 2032.

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Age-Related Macular Degeneration (AMD) is a chronic eye condition and a leading cause of vision loss among individuals aged 50 and older. It affects the macula, the central part of the retina responsible for sharp, straight-ahead vision needed for tasks like reading, driving, and recognizing faces. AMD progresses in two main forms: dry AMD, which is more common and characterized by the gradual thinning of the macula, and wet AMD, which involves the growth of abnormal blood vessels under the retina that can leak and cause rapid vision loss. While AMD doesn’t lead to complete blindness, it can severely impair central vision.
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This report thoroughly analyzes the Age Related Macular Degeneration Market, exploring its historical trends, current state, and future projections. The market estimates presented result from a robust research methodology, incorporating primary research, secondary sources, and expert opinions. These estimates are influenced by the prevailing market dynamics as well as key economic, social, and political factors. Furthermore, the report considers the impact of regulations, government expenditures, and advancements in research and development on the market. Both positive and negative shifts are evaluated to ensure a comprehensive and accurate market outlook.
| Report Attributes | Report Details |
|---|---|
| Report Name | Age Related Macular Degeneration Market |
| Market Size in 2023 | USD 11.6 Billion |
| Market Forecast in 2032 | USD 20.65 Billion |
| Growth Rate | CAGR of 6.62% |
| Number of Pages | 177 |
| Key Companies Covered | Valeant Pharmaceuticals International, Inc., Novartis International AG, Ophthotech Corporation, Pfizer Inc., Kubota Pharmaceutical Holdings Co. Ltd, Bayer AG, Adverum Biotechnologies, Inc., Regeneron Pharmaceuticals, Inc., Amgen Inc., Gilead Sciences Inc., Apellis Pharmeceuticals, Inc., F. Hoffmann-La Roche Ltd., Bausch Health Companies Inc., Neurotech Pharmaceuticals Inc., and Alimera Sciences Inc., and Others |
| Segments Covered | By Product Type, By Drug Type, By Route Of Administration, By Age Group Type, By, By And End-User, And By Region |
| Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
| Base Year | 2023 |
| Historical Year | 2018 to 2023 |
| Forecast Year | 2024 to 2032 |
| Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
The global age related macular degeneration market is divided by product type, treatment type, end-user, and region.
Based on product type, the global age related macular degeneration market is divided into laser skin resurfacing devices, micro-needling products, nonsurgical skin tightening devices, light therapy device, and others. Light Therapy Devices represent the most dominant product type segment. These devices are increasingly used in photobiomodulation therapy, a non-invasive treatment that uses specific wavelengths of light to reduce inflammation and oxidative stress in retinal cells, helping to slow the progression of AMD. Their non-surgical nature, ease of use, and emerging clinical evidence supporting efficacy make them a preferred option, especially for patients in the early to intermediate stages of AMD.
On the basis of treatment type, the global age related macular degeneration market is bifurcated into laser lipo, body contouring, skin tightening, instant rejuvenation, and others. Skin Tightening emerges as the most dominant segment, though primarily in the context of aging-related aesthetic and periorbital treatments rather than core AMD therapy. As AMD primarily affects older adults, complementary skin tightening treatments around the eyes are increasingly sought after by patients aiming to maintain a youthful appearance. Non-invasive skin tightening options using radiofrequency or ultrasound are especially popular due to their minimal downtime and safety for the sensitive eye area.
Based on end-user, the global age related macular degeneration market is divided into medical spas and beauty salons, hospitals and aesthetic clinics, home settings, and others. Hospitals and Aesthetic Clinics represent the most dominant segment. These facilities are equipped with advanced diagnostic technologies, ophthalmologists, and trained medical professionals who can administer specialized treatments such as anti-VEGF injections, light therapy, or any emerging AMD therapies. Aesthetic clinics also play a role in addressing age-related periorbital changes, complementing AMD management with cosmetic care when needed. The integration of medical expertise and comprehensive treatment capabilities makes this segment the primary point of care for AMD patients.
North America is the most dominant region in the Age-Related Macular Degeneration market, primarily driven by the presence of a large aging population, advanced healthcare infrastructure, and high awareness levels regarding early detection and treatment of eye diseases. The U.S. leads the regional market due to its high adoption rate of innovative therapies, strong presence of pharmaceutical companies, and continuous investments in clinical research. Government reimbursement policies and widespread use of anti-VEGF drugs further contribute to North America's leadership in the AMD market.
Europe follows closely behind and maintains a strong position in the age related macular degeneration market due to its aging demographic and robust public healthcare systems. Countries like Germany, the United Kingdom, and France exhibit significant market activity, supported by early screening programs and established guidelines for AMD treatment. Additionally, the region benefits from well-structured clinical trials and regulatory frameworks that accelerate the approval and availability of novel therapeutics. Collaborations between biotech firms and research organizations also help drive innovation in this region.
Asia Pacific is an emerging and rapidly expanding market for AMD, supported by growing elderly populations in countries like Japan, China, and South Korea. While historically underserved, the region is experiencing increasing healthcare expenditure, improved access to ophthalmic care, and a rising prevalence of lifestyle diseases like diabetes that heighten the risk of age related macular degeneration. Urbanization, growing awareness about retinal disorders, and efforts by governments to upgrade healthcare infrastructure are expected to boost regional market growth significantly in the coming years.
Latin America is showing gradual growth in the age related macular degeneration market, primarily driven by urban centers in Brazil, Mexico, and Argentina. While access to advanced treatments is improving, disparities remain due to economic constraints and uneven healthcare access. The region is increasingly adopting modern diagnostic technologies, and pharmaceutical companies are gradually expanding their reach through strategic partnerships and public-private collaborations, especially in metropolitan areas.
Middle East and Africa hold the smallest share in the global age related macular degeneration market due to limited awareness, low screening rates, and underdeveloped healthcare infrastructure in many parts of the region. However, countries like the UAE, Saudi Arabia, and South Africa are witnessing improvements through government-led healthcare reforms and rising private sector investment in ophthalmology. Increased focus on early diagnosis and the introduction of international healthcare providers are expected to slowly enhance market penetration over time.
The report provides an in-depth analysis of companies operating in the age related macular degeneration market, including their geographic presence, business strategies, product offerings, market share, and recent developments. This analysis helps to understand market competition.
Some of the major players in the global age related macular degeneration market include:
By Product Type
By Treatment Type
By End-User
By Region
Age Related Macular Degeneration
Age Related Macular Degeneration
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