Analyst predicts strong growth for diabetic macular edema market
The diabetic macular edema (DME) market in the seven major markets (7MM: the USA, France, Germany, Italy, Spain, the UK, and Japan) is set to grow from $5.4 billion in 2021 to $9.6 billion in 2031.
The market expansion will be driven by the launch of longer-acting anti-vascular endothelial growth factor (VEGF) therapies to treat patients with DME, an increase in the number of people with DME, and drugs with new mechanisms of action, new routes of administration, or both, data and analytics company GlobalData forecasts.
GlobalData’s latest report, “ Diabetic Macular Edema: Seven-Market Drug Forecast and Market Analysis - Update,” reveals that anti-VEGF therapies will remain the dominant treatment modality for DME during the forecast period. This theme is observed both in currently marketed products and late-stage pipeline products for DME, with companies focusing on reducing the treatment burden associated with these therapies.
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