Friday, September 14th, 2018 - Fact.MR

Asia-Pacific remains a remunerative region for proliferative vitreoretinopathy market, which is stimulated by several studies and complications related to EBE (endogenous bacterial endophthalmitis). Growing awareness regarding patient-clinical characteristics is significantly driving the adoption of proliferative vitreoretinopathy amongst healthcare professionals and patients. In terms of value, China has taken the lead in APAC proliferative vitreoretinopathy market and is likely to surpass US$ 138.2Mn by 2027-end.

Fact.MR is of the point of view that APAC proliferative vitreoretinopathy market will expand at nearly 3.9% CAGR over the course of the period from 2018 to 2027. Clinicians and medical researchers have been focusing on preserving visual function of the patients at initial stage RRD. Key players and manufacturers are taking immense efforts in establishing vitreoretinal centers, in order to provide innovative ophthalmological procedures. Growing social security costs have turned the former factor impractical, for which remarkable innovations have been created in the medical equipment and moreover, ultra-wide-fields scanning laser Optos (ophthalmoscope) is one amongst those innovations.

Benefits of growing awareness regarding classification of Optus images in the RRD has turned out to be clinically imperative for achieving higher accuracy, which in turn creates lucrative growth avenues for APAC proliferative vitreoretinopathy market for the forthcoming years. Deep learning approach has been playing a significant role in the growth of APAC proliferative vitreoretinopathy market throughout the forecast period. Manifold non-linear processing layer in the approach of deep learning has been leveraged for attaining effective treatment and prevention of proliferative vitreoretinopathy.

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Growing awareness regarding the treatment and prevention of PVR (proliferative vitreoretinopathy), need for vitreoretinal centers have gained importance across the globe. Robust employment and development of intravitreal pharmacologic agents, particularly drugs which arrest actions of vascular endothelial growth factor (VEGF), are driving focus of management and treatment approach for PVR (proliferative vitreoretinopathy). Fact.MR is of the point of view that proliferative vitreoretinopathy market will expand at a moderate pace by 4.0% CAGR over the course of period from 2018 to 2027. However, demand for highly stable and proficient operators for the purpose of subretinal injection remains the foremost concern across the healthcare sector.

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Hospital pharmacies are expected to lead consumers towards pharmacy industry on a larger basis. Growing awareness amongst the policymakers regarding effective pharmacy services together with rational and safe usage of medications is expected to drive the proliferative vitreoretinopathy market in the forthcoming years. According to Fact.MR, hospital pharmacies will remain leading distribution channel expanding at 3.6% CAGR over the course of period from 2018 to 2027.

North America will remain the most lucrative region for proliferative vitreoretinopathy market throughout the forecast period by holding nearly two-fifth of the market revenue share by 2027-end. Favorable reimbursement and government policies together with occupancy of significant healthcare facilities have been driving the growth of North America proliferative vitreoretinopathy market. Strong penetration of proliferative vitreoretinopathy management medications such as ‘lornoxicam’ is further supporting the demand for proliferative vitreoretinopathy treatment in North America.

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