The diabetic macular edema market size was valued at USD 6.70 Billion in 2024, driven by the increasing incidence of diabetes cases within the 8 major markets. The market size is anticipated to grow at a CAGR of 5.10% during the forecast period of 2025-2034 to achieve a value of USD 11.02 Billion by 2034.
Diabetic Macular Edema Market Overview
Diabetic retinopathy occurs in people with diabetes where the tiny blood vessels located at the back inner wall of the eye, known as the retina, get damaged or blocked by too much blood sugar. This can result in the formation of microaneurysms, which are tiny bulges in the blood vessels that leak fluid into the retina. The swollen fluid can cause vision problems or blindness in a part of the retina known as the macula, which is referred to as diabetic macular edema.
The market is driven by the rising prevalence of diabetes and diabetic macular edema. The prevalence rate of diabetic macular edema (DME) in type 2 diabetes patients is recorded to be higher than in type 1 diabetes patients. It is estimated that neovascular age-related macular degeneration (AMD) affects more than 200 million people worldwide. The increase in the number of research and development activities providing beneficial opportunities for treatment are driving the diabetic macular edema market growth. The rising approvals and launches of new drugs, along with rising investment in the development of advanced technologies is also expected to contribute to the market growth during the forecast period.
Technological Advancements to Develop Effective Solutions
The market growth is expected to be driven by several factors such as increased advancements in diagnostics technology and therapeutics for diabetic macular edema. For instance, in July 2023 researchers at the University of Waterloo’s School of Pharmacy developed a novel synthetic protein to treat macular degeneration and other incurable eye diseases that lead to blindness in millions of people. It is the first drug of its kind and is currently in human trials. Continuous efforts like these, focused at developing a cure for untreatable conditions are likely to increase the diabetic macular edema market share in the forecast period.
FDA Approvals to Aid the Market Growth
The market growth is propelled by rising FDA approvals to potent and cost-effective solutions to the patients. For instance, in August 2023, the United States FDA approved Regeneron’s EYLEA HD (aflibercept) Injection 8 mg for treating diabetic macular edema and other eye conditions. The approval was based on the results of 48-week PULSAR and PHOTON trials, wherein the potential candidate helped in significant vision gains in patients. This FDA approval will contribute to the widespread distribution and consumption of the pharmaceutical resulting in increased diabetic macular edema market value in the forecast period.
Diabetic Macular Edema Market Segmentations
Diabetic Macular Edema Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:
Market Breakup by Disease Type
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