USD 20.20 Billion
Report ID:
SQMIG35I2364 |
Region:
Global |
Published Date: May, 2025
Pages:
186
|Tables:
123
|Figures:
76
Global Retinal Drugs Market size was valued at USD 20.20 Billion in 2023 and is poised to grow from USD 21.86 Billion in 2024 to USD 41.06 Billion by 2032, growing at a CAGR of 8.2% during the forecast period (2025-2032).
The retinal drugs market is Increasingly recognized as the most significant driver, the burden of retinal diseases on an international scale, including age-related macular degeneration (AMD), diabetic retinopathy, and retinal vein occlusion (RVO), has triggered a major shift in the Retinal Medicine market; AMD alone affects more than 196 million people worldwide. The market has seen compounded development as a result of an ageing population, an improved patient base due to diabetes, and increased access to ophthalmic diagnostics and treatment. The supremacy of anti-VEGF drugs, for example, aflibercept (Eylea), ranibizumab (Lucentis), and brolucizumab (Beovu), remains in force and accounts for a major chunk of the revenue generated in the market, the biggest contributor being Eylea, with over $9 billion in sales worldwide. One more thing sustained-release drug delivery systems & gene therapy modalities are redesigning treatment paradigms to cut down on injection frequency, a major compliance inhibitor in chronic conditions. Regenxbio, Roche, and Kodiak Sciences have advanced from their pipeline product these key players are introducing longer-acting, including dual-inhibition therapies, more efficacious molecules, intravitreal implants, and more.
Is the Era of Monthly Eye Injections Finally Ending?
Suppliers are pushing long-acting anti-VEGF treatments hard to minimize the heavy treatment burden of frequent intravitreal injections. Bayer/Regeneron's Eylea HD (8 mg) provides dosing every 12–16 weeks, and Roche's Port Delivery System (Susvimo) provides continuous drug delivery through a refillable implant. Pipeline contenders such as Kodiak Sciences' KSI-301 target biannual injections. These innovations meet high physician and patient need for long-lasting efficacy with less intervention, improved compliance, clinic productivity, and overall treatment experience in chronic retinal diseases.
Market snapshot - 2025-2032
Global Market Size
USD 20.20 Billion
Largest Segment
Anti-VEGF Agents
Fastest Growth
Anti-VEGF Agents
Growth Rate
8.2% CAGR
To get more reports on the above market click here to Buy The Report
The global Retinal Drugs market is segmented on the basis of Drug Classes, Indication, Formulation, Application, Distribution Channel and region. By Drug Classes, the market is segmented into Anti-VEGF Agents, Corticosteroids, Immunomodulators, Gene & Cell Therapies, Small Molecule Therapies, and Others. By Indication, the market is segmented into Macular Degeneration, Diabetic Retinopathy, Uveitis, and Others. Based on Formulation, the market is segmented into Injectables, Implants, Eye Drops, Oral Tablets/Capsules, and Ointments & Gels. Based on Distribution Channel, the market is segmented into Hospital Pharmacies, Retail Pharmacies, and Online Pharmacies. By region, the market is segmented into North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America.
The Drug Class segment is anticipated to maintain the highest global market share in Retinal Drugs in the future. This is largely driven by the universal need for Anti-VEGF Agents, Corticosteroids, Immunomodulators, Gene & Cell Therapies, Small Molecule Therapies, and a host of other less common agents. In the retinal drug market, Anti-VEGF (vascular endothelial growth factor) agents currently dominate this market as they are very commonly used and have demonstrated effectiveness for a number of diseases including age-related macular degeneration (AMD), diabetic retinopathy (DR), and retinal vein occlusion (RVO). Important examples of agents that treat retinal drug diseases and represent market leaders in a wide therapeutic area are aflibercept (Eylea), ranibizumab (Lucentis), and brolucizumab (Beovu). Gene and cell therapy is expected to become the fastest growing segment of this market moving forward given their ability to offer long-term or even permanent solutions to retinal diseases by targeting the genetic cause of the disease. Following the approval of Luxturna (voretigene neparvovec) to treat inherited retinal diseases, there is great anticipation for the development of gene and cell therapy for a wide array of retinal diseases.
Injectables are leading the drug retinal market due to the accuracy and success rate in managing AMD and DME, yielding over 60% of revenues through products like Eylea and Lucentis. Implants, however, are slowly turning into the quickest-growing section with long duration-of-action and higher compliance. Breakthroughs like Susvimo are revolutionizing treatment paradigms by reducing injection frequency and clinic visits, making implants a desirable alternative picking up rapid pace in clinical and commercial settings. This is outlook by formulation of retinal drug market
To get detailed analysis on other segments, Request For Free Sample Report
North America is a dominant continent in the retinal drugs market because of its advanced healthcare system, high innovation and research development investments, and concentration of important players within the pharmaceutical industry. North America is a region with fast adoption of new therapies and expedient regulatory processes via the FDA, which allows quicker approval time for drugs. There are a notably high number of age-related macular degeneration diseases (AMD), diabetic retinopathy, and other retinal diseases as a portion of the area's aging population, equipping them for a demand of newer therapies. Access to expensive biologics and anti-VEGF therapies is not only promoted by public insurance, but as private health insurance coverage is more prevalent and, with patient coverage is a certainty in the most considerable risks, it would also help. When you have leading academic partners and biotech firms steered towards experimenting with gene therapy and regenerative therapy, this also helps motivate industry output.
The U.S. has a lot of advantages including its strong clinical trial ecosystem and high per capita healthcare expenditures, which makes up about 18% of its GDP, the highest in the world. The U.S. leads in the clinical research space representing more than 30% of the clinical trials conducted globally (for a substantial portion for ophthalmic and retinal disease). The National Eye Institute (NEI) spent more than USD 875 million in funding for sight-related research in 2023 alone. The US has a huge patient pool with over 11 million people living with age-related macular degeneration (AMD) and around 7.7 million adults diagnosed with diabetic retinopathy. Coupled with access to advanced diagnostic testing, specialty retina centers, and paid insurance coverage for high-cost biologics therapies, such as anti-VEGF, provides a positive and significant contribution towards the overall growth of the market. It is easy to see why the U.S. continues to lead the way in the retinal drugs space.
Due to a substantial rise in the number of Type 2 diabetes cases and consequently, the number of patients with diabetic retinopathy, Canada is on track to be the fastest-growing market for retinal drugs in North America. Over 5.7 million Canadians live with diabetes, and an estimated 25% of these patients develop some form of diabetic eye disease, creating considerable market demand for retinal therapies. In provinces like Ontario and British Columbia, the combination of public reimbursement of anti-VEGF drugs (ranibizumab and aflibercept) and public health plans that cover retinal medications provide significant increases in access to this device. In addition, Canada leads in biosimilars—biosimilars for Lucentis and Eylea are moving quickly into clinical use and patient acceptance, which promotes earlier therapy and overall lowers costs and barriers to patient access. Additionally, the pan-Canadian Pharmaceutical Alliance (pCPA) negotiates the price of drugs at the national level, further facilitating market access.
Beyond North America, Europe is the second strongest regional market for retinal drugs, owing to its aging population, high rates of disease prevalence, and effective healthcare systems in Germany, the UK, France, and Italy. Europe has one of the largest population segments over 65 years of age (over 20% of its population), which corresponds directly with an increase in the incidence of age-related macular degeneration (AMD) and diabetic retinopathy. Europe also sustains and promotes universal healthcare coverage, which promotes access to costly biologics medicine like anti-VEGF therapies. Furthermore, the European Medicines Agency (EMA) supports an environment of coordinated regulation that allows drugs and biosimilars to have faster time to market with affordable and commonly used biologics. For example, Germany, among other European countries, are adopting biosimilars faster than any other region which promotes affordability and, subsequently, usage.
With a high disease burden of over 7 million people suffering from age-related macular degeneration (AMD), Germany commands the retinal drugs market in Europe. Germany has good reimbursement mechanisms and is an early adopter of novel therapies (anti-VEGF injections and new gene therapies). The intimate structure of ophthalmologists and retina clinics provides timely access to treatment for patients. Germany is also a leading centre for pharma R&D and clinical trials in ophthalmology and has good collaboration between industry and academia in this area. Thus, these factors combined provide Germany with a strong position in the retinal drug market and a mature retina drug market for Europe.
The market for retinal drugs in the UK is becoming the fastest growing in Europe. With rising disease burden, particularly from age-related macular degeneration (AMD) and diabetic retinopathy, the UK has experienced arguably the best growth from the NHS expanding access to anti-VEGF therapies via NICE recommendations and growing early adoption of some major inventions including brolucizumab and faricimab. The UK is encouraging the use of biosimilars of ranibizumab and aflibercept through cost-saving approaches from the NHS in addition to increasing access to effective therapies. The UK is also bringing together extensive experience of AI driven eye screening tools, such as AI tools being used at Moorfields Eye Hospital to improve early diagnosis, which has included increasing demand for retinal drugs and positioning the UK as a key growth market.
Following Germany and the UK, France is an important contributor to the European retinal drugs market, partly because of a comparatively high incidence of retinal diseases, notably age-related macular degeneration (AMD) and diabetic retinopathy, leading to high demand for treatment. France enjoys a robust healthcare system that ensures wide access to anti-VEGF treatments through public reimbursement. There has also been an increasing trend of biosimilar adoption in France that has enhanced treatment access and decreased costs. France is one of the most significant investors in clinical research, and some of the most prominent ophthalmic facilities, which adds to innovation and hastens market growth. All these elements make France an inevitable leader in the retinal drugs market.
To know more about the market opportunities by region and country, click here to
Buy The Complete Report
Rising Prevalence of Retinal Disorders Globally
Technological Advancements and Therapeutic Innovation
High Treatment Costs
Procedural and Clinical Challenges Associated with Intravitreal Drug Delivery
Request Free Customization of this report to help us to meet your business objectives.
The competitive landscape of the retinal drug market is marked by intense R&D, strategic acquisitions, and a race toward long-acting and gene-based therapies. Key players like Roche, Regeneron, and Novartis dominate with anti-VEGF therapies, while others like Sandoz and Coherus expand biosimilar portfolios. Merck’s acquisition of EyeBio and Astellas' purchase of Iveric Bio highlight growing M&A activity. Companies are also investing in implants and AI-driven diagnostics to boost adherence and outcomes. The landscape includes branded drugs, biosimilars, gene therapies, delivery innovations, and pipeline diversification—shaping a competitive, innovation-focused market poised for sustained growth.
Are We on the Brink of a Gene Therapy Revolution in Retinal Diseases?
Suppliers are increasingly focusing on gene therapy as a transformative approach for inherited retinal diseases, particularly those with no current treatments. Leading candidates include Regenxbio’s RGX-314 and Adverum’s ADVM-022, both using AAV-based vectors to deliver long-lasting anti-VEGF expression. MeiraGTx is also advancing therapies for rare retinal dystrophies. Though still in clinical or early regulatory stages, these programs offer high strategic value due to orphan drug designations, potential one-time dosing, and strong pricing power, positioning gene therapy as a future cornerstone in retinal care.
Could the Next Breakthrough in Vision Care Come from These Trials?
Will the Next Breakthrough in Vision Care Come from These Trials? Retinal Drug Pipeline Heats Up with Advanced Trials The retinal drug space is witnessing a massive clinical trial boom—dozens of companies are in advanced stage clinical trials to deliver therapies for wet AMD, DME, geographic atrophy and inherited retinal diseases. Key candidates to watch are RGX-314 and ADVM-022, both have gene therapy candidates as a one-time treatment, and Syfovre and Izervay both are working to bolster long-term efficacy data in GA. While Tarcocimab Tedromer has had mixed results and is currently being monitored. With late-stage trials in development, it is likely that investor confidence is strong, and that moving forward, the treatment landscape will expand significantly in the next 3–5 years. A number of impactful Phase 2 and Phase 3 studies are updating the retinal drugs pipeline. For instance, RGX-314 (Regenxbio/AbbVie) and ADVM-022 (Adverum) are both gene therapy candidates and are exploring one-time treatment duration for nAMD and DME, and Syfovre and Izervay are expanding the studies to try and capture long-term efficacy in geographic atrophy. Also, Tarcocimab Tedromer (Kodiak Sciences) is being reassessed while harnessing mixed results from their multi-indication Phase 3 programs.
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
As per SkyQuest analysis, high emphasis on cost reduction in healthcare, increasing on-demand care, and digital transformation of the healthcare industry are anticipated to boost Retinal Drugs demand through 2032. However, high costs of implementation and interoperability issues for different platforms are estimated to hinder the adoption of Retinal Drugs in the long run. Availability of high-speed internet infrastructure, preference for home healthcare, and the presence of leading Retinal Drugs companies are helping North America maintain its dominant stance.
Report Metric | Details |
---|---|
Market size value in 2023 | USD 20.20 Billion |
Market size value in 2032 | USD 41.06 Billion |
Growth Rate | 8.2% |
Base year | 2024 |
Forecast period | 2025-2032 |
Forecast Unit (Value) | USD Billion |
Segments covered |
|
Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
|
Customization scope | Free report customization with purchase. Customization includes:-
|
To get a free trial access to our platform which is a one stop solution for all your data requirements for quicker decision making. This platform allows you to compare markets, competitors who are prominent in the market, and mega trends that are influencing the dynamics in the market. Also, get access to detailed SkyQuest exclusive matrix.
Buy The Complete Report to read the analyzed strategies adopted by the top vendors either to retain or gain market share
Table Of Content
Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
Methodology
For the Retinal Drugs Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Retinal Drugs Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Retinal Drugs Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Retinal Drugs Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
REQUEST FOR SAMPLE
Global Retinal Drugs Market size was valued at USD 20.20 Billion in 2023 and is poised to grow from USD 21.86 Billion in 2024 to USD 41.06 Billion by 2032, growing at a CAGR of 8.2% during the forecast period (2025-2032).
The competitive landscape of the retinal drug market is marked by intense R&D, strategic acquisitions, and a race toward long-acting and gene-based therapies. Key players like Roche, Regeneron, and Novartis dominate with anti-VEGF therapies, while others like Sandoz and Coherus expand biosimilar portfolios. Merck’s acquisition of EyeBio and Astellas' purchase of Iveric Bio highlight growing M&A activity. Companies are also investing in implants and AI-driven diagnostics to boost adherence and outcomes. The landscape includes branded drugs, biosimilars, gene therapies, delivery innovations, and pipeline diversification—shaping a competitive, innovation-focused market poised for sustained growth. 'Roche Holding AG (incl. Genentech)', 'Regeneron Pharmaceuticals, Inc.', 'Novartis AG', 'Bayer AG', 'Allergan (AbbVie Inc.)', 'Alcon Inc.', 'Santen Pharmaceutical Co., Ltd.', 'MeiraGTx Holdings plc', 'Ocuphire Pharma, Inc.', 'Kodiak Sciences Inc.', 'Adverum Biotechnologies, Inc.', 'Oxurion NV', 'Graybug Vision, Inc.', 'Clearside Biomedical, Inc.', 'Outlook Therapeutics, Inc.', 'Iveric Bio (acquired by Astellas Pharma)', 'Sandoz (a Novartis spin-off for biosimilars)', 'Coherus BioSciences, Inc.', 'Biogen Inc.'
The growth of the retinal drug market is driven by advances in biologics and the growing portfolio of drug delivery systems. Anti-VEGF therapies have improved outcomes while reducing the treatment burden with fewer injections, with Eylea producing over $9.6 billion in 2023. Longer-lasting treatments like Susvimo's long-acting implant and gene therapies like Luxturna were just some examples of technologies that allow sustained treatments. With companies Roche and Novartis advancing clinical trials of several pipeline agents, and AI facilitating early diagnosis, there has never been more progress. All of these innovations of market potential enhance efficacy, lessen treatment burden, and provide access to a larger number of patients, all of which is a formula for growth in the market and delivery personalized treatments.
What Makes North America a Leader in Retinal Drugs?
Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.
Feedback From Our Clients
Report ID: SQMIG35I2364
sales@skyquestt.com
USA +1 351-333-4748