Aflibercept Market would rocket up to USD 13,911.94 million by 2030
Aflibercept Market Research Report helps you to stay on track by focusing on data and reality of the industry. This document provides a thorough evaluation of market growth prospects as well as its limitations. This reliable market report provides clients with the research and analysis they need to make informed decisions about investing in a market that is emerging, expanding market share or launching a new product. The best market analysis report, according to many, is one that is unique, relevant, and credible, using proven tools and methods to simplify complex market insights.
Aflibercept is an anti-VEGF drug, mainly used to treat neovascular age-related macular degeneration (wAMD), and other retinopathy caused by visual impairment. Rise in the prevalence of wet maculat degeneration, metastatic colorectal cancer, visual impairment because of diabetic macular edema, and diabetic retinopathy will increase the market growth. Advancement of therapies for the treatment and increasing geriatric population are the expected factors that will increase the growth of aflibercept market. Growing government funds and support will also expand the aflibercept market.
Data Bridge Market Research analyses that the aflibercept market which was USD 8,343.15 million in 2022, and would rocket up to USD 13,911.94 million by 2030, and is expected to undergo a CAGR of 5.40% during the forecast period. This indicates that the market value. “Hospitals” dominates the end user segment of the aflibercept market owing to the growing demand for drug. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
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Aflibercept is a vascular endothelial growth factor-A (VEGF-A) antagonist which is used for the treatment of neovascular (wet) age-related macular degeneration (AMD), diabetic retinopathy, and various types of muscular edema. It acts as a soluble decoy receptor which results in the binding of VEGF-A, VEGF-B, and placental growth factor (PIGF) and shows higher affinity. It is a medication which is traded under the brand names Eylea and Zaltrap.
Restraints/Challenges
- Presence of other alternative medications
On the other hand, presence of other alternative medications and trade barriers are expected to obstruct market growth. Also, lack of favorable reimbursement scenario and technology penetration in the developing economies, are projected to challenge the market in the forecast period of 2023-2030.
This aflibercept market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the aflibercept market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Recent Development
- In September 2022, Regeneron Pharmaceuticals, Inc. has announced that the primary endpoints were met in two pivotal trials investigating novel aflibercept 8 mg with 12- and 16-week dosing regimens in patients with diabetic macular edema (DME) and wet age-related macular degeneration (wAMD) on 12- and 16-week dosing intervals. This demonstrated that dosing regimens of the drugs based on which Regeneron and Bayer would submit these data to regulatory authorities in countries around the world.
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Some of the major players operating in the aflibercept market are:
- Bayer AG (Germany)
- Sanofi(France)
- Santen Pharmaceutical Co.,Ltd. (Japan)
- Regeneron Pharmaceuticals Inc.(U.S.)
- F. Hoffmann-La Roche Ltd. (U.S.)
- Amgen Inc. (U.S.)
- Pfizer, Inc. (U.S.)
- Xbrane Biopharma AB (Sweden)
- Allergan (Ireland)
- Viatris Inc. (U.S.)
Aflibercept Market Scope
The aflibercept market is segmented on the basis of product, application, route of administration, end user and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product
- Prefilled Syring Package
- Vial Package
Application
- Wet Macular Degeneration
- Metastatic Colorectal Cancer
- Diabetic Macular Oedema
- Diabetic Retinopathy
- Others
Route of Administration
- Intravenous
- Intravitreal Injection
End-User
- Hospitals
- Clinics
- Diagnostic centers
- Others)
Distribution Channel
- Hospital Pharmacy
- Retail Pharmacy
- Online Pharmacy
Key Advantages of the Report:
- This study provides an analytical overview of the industry, including current trends and future predictions to identify potential investment opportunities.
- The report offers insights into key drivers, limitations, and prospects, along with a comprehensive market share analysis.
- The report quantitatively assesses the current market, shedding light on its growth prospects.
- A Porter’s five forces analysis gauges the bargaining power of buyers and suppliers in the market.
- The report delivers an in-depth market analysis that considers competitive dynamics and forecasts the future competitive landscape.
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What to Anticipate from the Report – A 7-Point Guide:
- The report delves into the holistic strategy and innovation within the market ecosystem.
- It highlights prominent market drivers and obstacles, providing clarity on technological standardization and regulatory frameworks.
- The report evaluates various implementation models and examines numerous use cases.
- Serving as a valuable resource, the report offers essential industry insights, showcasing information on new investments, stakeholders, relevant contributors, and market participants.
- Through the forecast period, the report conducts a thorough market analysis, referencing historical developments, ongoing events, and future growth prospects.
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