POSTERIOR SEGMENT EYE DISORDERS MARKET ANALYSIS

Regional Analysis

Global Posterior Segment Eye Disorders Market: Regional Insights

Based on geography, the global posterior segment eye disorders market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa.

Among regions, North America is expected to gain highest share in the market during the forecast period due to the rising burden of posterior segment eye disorders (glaucoma, age-related macular degeneration, and diabetic retinopathy) and growing geriatric population in the region. According to the National Eye Institute, there are many different types of glaucoma, but the most common type in the United States is called open-angle glaucoma. Other types such as congenital glaucoma and angle-closure glaucoma are less common. Glaucoma affects around three million people age 40 or older in the United States, around 1.9% of this population.

Europe is also expected to witness significant growth in the global posterior segment eye disorders market due to the increase in incidence/prevalence of posterior segment eye disorders and growing geriatric population in the region. For instance, according to the National Center for Biotechnology Information (NCBI), more than 67 million people in the European Union are currently affected by any AMD (age-related macular degeneration) and, due to growing geriatric population, and this number is expected to increase by 15% until 2050. This in turn is expected to increase the demand for posterior segment eye disorders treatment in the region.

• North America: U.S. and Canada
• Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
• Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
• Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
• Middle East: GCC Countries, Israel, and Rest of Middle East
• Africa: South Africa, North Africa, and Central Africa