Impact Analysis of Covid-19
The complete version of the Report will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.
The Global Proliferative Vitreoretinopathy market will fuel the market demand owing to surgical treatment and the old age population
The Global Proliferative Vitreoretinopathy market will bolster the CAGR in the forecast period from 2020-2027. The increasing geriatric population, increasing surgical treatment, common diseases like cataracts seen in old age people, improving medical technology, and treatment are fueling the market demand for the global Proliferative Vitreoretinopathy market.
Proliferative vitreoretinopathy is commonly known as blinding eye disease caused by abnormal repair of damaged vitreous and retina. PVR is the main reason for the failure of the surgery for rhegmatogenous retinal detachment.
The pathogenesis is the retinal detachment caused contraction and traction of the extensive fibroproliferative membrane on the surface of the retina and behind the vitreous. Fibrous proliferation membrane is mainly composed of pigment epithelial cells, glial cells, fibroblasts, fibroblasts, and macrophages. Pigment epithelial cells play an essential role in the occurrence and development of proliferative vitreoretinopathy.
Drug Type Overview in the Global Proliferative Vitreoretinopathy Market
Based on drug type, the global Proliferative Vitreoretinopathy market distributed into PRM-167, XOMA-089, Others. The XOMA-089 segment holds a significant share in the global proliferative vitreoretinopathy market. XOMA 089 is a novel, fully human monoclonal antibody that specifically binds and neutralizes TGF-beta 1 and 2 ligands. XOMA 089 reduced the clinical stage and severity of PVR and retinal detachment and formation of the intraocular membrane in a shorter period.
End-use Overview in the Global Proliferative Vitreoretinopathy Market
Based on end-use, the global Proliferative Vitreoretinopathy market distributed into Hospitals, Clinics, Ambulatory Surgical Centers, Others. The hospital segment has dominated the demand for the global proliferative vitreoretinopathy market. The hospitals have a higher requirement of drugs like PRM-167, XOMA-089, and others for an emergency. Moreover, various surgeries also take place in hospitals of cataracts and other diseases. Thus, propelling the market share of the proliferative vitreoretinopathy in the global market.
Region Overview in the Global Proliferative Vitreoretinopathy Market
Based on geography, the global gases and equipment market segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. North America is the fastest-growing region for the proliferative vitreoretinopathy market. It is mainly due to the region's rapid economic growth and some vast technological development. The prevalence of the geriatric population, emerging cases of cataracts, and the rapid development of new drugs are fueling the market demand for the proliferative vitreoretinopathy in North America.
Global Proliferative Vitreoretinopathy Market: Competitive Landscape
Companies such as Novartis AG, Promedior, Inc., RXi Pharmaceuticals Corp., Allergan plc, Regeneron Pharmaceuticals, Inc., Genentech, Inc., among others, are key players in the global Proliferative Vitreoretinopathy market.