Leading Driver In The Jetrea Market 2025: Rise Of Personalized Medicine Fueling Growth
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LONDON, GREATER LONDON, UNITED KINGDOM, March 8, 2025 /EINPresswire.com/ -- Is the Jetrea Market Set to Witness Substantial Growth?
• The Jetrea market has shown significant expansion, recording a historic compound annual growth rate (HCAGR) of XX%.
• The market is projected to increase from $XX million in 2024 to $XX million in 2025.
• Key factors driving this growth during the historical period include:
o Rising incidence of vitreomacular traction (VMT)
o Approval for symptomatic vitreomacular adhesion
o Growth in the aging population
o Potential to reduce the need for surgical intervention
o Market exclusivity as an orphan drug
• Looking ahead, the Jetrea market size is expected to achieve a forecasted compound annual growth rate (FCAGR) of XX%.
• By 2029, the market is estimated to reach $XX million.
• Growth drivers for the forecast period include:
o Increased awareness and education initiatives
o Strategic partnerships and licensing agreements
o Positive clinical efficacy demonstrated in trials
o Advancements in ophthalmic treatments
o Regulatory support and approvals
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What Are The Emerging Trends In The Jetrea Market?
Major trends expected in the forecast period include technological advancements, increasing awareness of vitreomacular conditions, strategic partnerships for commercialization, a growing focus on real-world evidence, and expanded market availability. The rising prevalence of retinal diseases is also anticipated to drive market growth.
Retinal diseases encompass conditions affecting the retina, the light-sensitive tissue at the back of the eye, which can lead to vision loss or blindness if left untreated. Factors such as aging populations, increasing diabetes rates, and greater exposure to risk factors like hypertension and lifestyle changes are contributing to the higher prevalence of these conditions.
Jetrea (ocriplasmin) is utilized in the treatment of vitreomacular traction and macular holes, addressing specific retinal diseases associated with age-related and diabetic eye conditions.
In May 2024, The Royal College of Ophthalmologists in the UK reported that the prevalence of sight loss and blindness caused by age-related macular degeneration (AMD) is projected to rise significantly by 2050. The percentage is expected to increase from 23.1% to 29.7%, with the affected population more than doubling from approximately 445,809 individuals to an estimated 1.23 million. This growing prevalence of retinal diseases is fueling innovation in the Jetrea market, making it a promising investment opportunity.
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Who Are The Key Players In The Jetrea Market?
Key industry players in the Jetrea market include Oxurion NV (formerly ThromboGenics Inc.), leading development and commercialization efforts.
How Is The Jetrea Market Segmented?
The Jetrea market report categorizes the market as follows:
1. By Indication:
o Vitreomacular Traction
o Symptomatic Vitreomacular Adhesion
o Combination Therapy
2. By Patient Demographics:
o Adult Patients
o Elderly Patients
o High-Risk Groups
3. By Distribution Channel:
o Direct Sales
o Pharmaceutical Wholesalers
o Online Pharmacies
o International Markets
4. By End User:
o Ophthalmologists
o Hospitals and Clinics
o Outpatient Surgical Centers
o Research Institutions
Regional Analysis Of Jetrea Market:
At the regional level, North America was the largest market for Jetrea in 2024. However, Asia-Pacific is expected to be the fastest-growing region during the forecast period. The Jetrea market report covers regions including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
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