Fuchs Endothelial Corneal Dystrophy (FECD) Market Future Scenario, Key Insights, Top Companies 2033
A recently published study by FMI expects the global Fuchs Endothelial Corneal Dystrophy (FECD) market to augment at a 7.5% CAGR from 2023 to 2033. By the end of the said assessment period, a valuation of US$ 370 Billion is expected for the market.
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.
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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.
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
- FMI projects the global Fuchs Endothelial Corneal
Dystrophy (FECD) market to expand at a 7.5% value CAGR by 2033
- The global Fuchs Endothelial Corneal Dystrophy (FECD)
market is estimated at a market value of US$ 180 Billion
- The global Fuchs Endothelial Corneal Dystrophy (FECD)
is expected to garner a market value of US$ 370 Billion
- As per Future Market Insights, the Asia Pacific is
expected to grow at a CAGR of 7% in the assessment period 2023-2033.
- North America is expected is expected to grow at a CAGR
of 7.4% in the assessment period 2023-2033.
- Europe is expected to grow at a CAGR of 7.3% in the
assessment period 2023-2033.
- The hospitals segment is expected to hold the largest
market share for lucrative Fuchs Endothelial Corneal Dystrophy (FECD) market
in the forecast period 2023-2033.
“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
Market Competition
- Kowa Pharmaceuticals
- Trefoil Therapeutics
- Alcon
- Emmecell
- Santen
- AJL Ophthalmic SA
- Massachusetts Eye and Ear
- KeraMed, Inc.
- Presbia Plc
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:
- Phototherapeutic Keratectomy
- Amniotic Membrane Transplants
- Anterior Stromal Puncture
- Conjunctival Flaps
By Diagnosis:
- Slit-lamp Examination
- Molecular Genetic Tests
- Pachymetry
By End User:
- Hospitals
- ASCs
- Others
By Region:
- North America
- Latin America
- Western Europe
- Eastern Europe
- Asia Pacific
- Middle East & Africa
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