As per Future Market Insights, the Asia Pacific is expected to grow at a CAGR of 7% in the assessment period 2023 to 2033.
According to a recent FMI study, the global Fuchs Endothelial Corneal Dystrophy (FECD) Market demand will grow at a 7.5% CAGR from 2023 to 2033. The market is expected to be valued at US$ 370 billion by the end of the assessment period.
The primary variables impacting the market growth rate include an increase in the prevalence of Fuchs Endothelial Corneal Dystrophy, an increase in the number of senior persons, and growing healthcare spending.
Furthermore, advances in medical technology, increased demand for corneal transplantation, and rising attempts by governmental and private organizations to raise awareness about eye disorders and corneal donation are factors that will propel the Fuchs Endothelial Corneal Dystrophy market forward. An increase in research on cellular treatment techniques and rising demand for eye care would benefit the Fuchs Endothelial Corneal Dystrophy market during the forecast period.
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However, the high expense of therapy and the risks involved with surgical intervention will stifle market expansion. During the projection period, a lack of donor grafts would provide further challenges to Fuchs Endothelial Corneal Dystrophy market. Because to the presence of leading key players, high disposable income, and sophisticated healthcare infrastructure in this area, North America leads the Fuchs Endothelial Corneal Dystrophy (FECD) market.
Key Takeaways from the Market Study:
“Asia-Pacific is predicted to rise over the projected period of 2023-2033 due to increased R&D activities, increased investment in the healthcare industry, and more government assistance,” says an analyst at FMI
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Market Competition:
In May 2022, SEGLENTIS® C-IV is now available for purchase through Kowa Pharmaceuticals America, Inc.
Key Segments Profiled in the Fuchs Endothelial Corneal Dystrophy (FECD) Market Industry Survey:
By Treatment:
By Diagnosis:
By End User:
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By Region:
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.
Jun 23, 2023