Age-Related Molecular Degeneration Market Analysis and Forecast 2023 to 2033

The global market for age-related molecular degeneration is currently valued at US$ 11.28 million in 2023 and is expected to grow at a CAGR of 7%. Because to technology advancements in healthcare, the market is expected to reach US$ 22.19 million by 2033. The increasing prevalence of AMD and a strong product pipeline are anticipated to be the major drivers for the growth of age-related molecular degeneration market. According to the WHO, around 196 million people were affected by age-related macular degeneration globally in 2020, including over 10.4 million moderate-to-severe vision impairment cases. Globally, advanced age-related macular degeneration is the primary factor in irreversible blindness and visual impairment. As a result, the market for age-related macular degeneration is anticipated to experience significant growth over the forecast period. Most severe eye conditions are rising globally, and vision loss is becoming a significant public health issue and increase in t...