The size of the Middle East and Africa Diabetic Retinopathy Market was valued at USD 0.75 Billion in 2023 and is predicted to be worth USD 1.04 Billion by 2028, at a CAGR of 6.86% during the forecast period.
Urbanization, sedentary lifestyles, obesity, population increase, and aging (partly due to successes in combating communicable diseases) and urbanization are viewed as major contributors to the diabetes epidemic, and studies of urban populations may exaggerate the frequency of diabetic retinopathy.
In 90% of instances, treatment techniques are effective in preventing serious vision loss. The most significant aspect of diabetic retinopathy medical therapy is excellent in glycaemic control, which is associated with a lower risk of newly diagnosed retinopathy and development of existing retinal. Diabetes Control and Complications Trial-Proliferative Diabetic Retinopathy Study in the United Kingdom (DCCT-UKPDS).
An increase in the geriatric population is leading to the rise in chronic diseases and with the help of growing government and non-government initiatives for creating awareness about the importance of diabetes management. The aforementioned factors are majorly driving the diabetic retinopathy market in the MEA region. Adequate hypertension management slows the progression of retinopathy and visual loss (UKPDS), encouraging all diabetes patients to make lifestyle modifications and maintain good metabolic control. Innovations and developments in the treatments like laser therapy, anti-VEGF medications (bevacizumab, ranibizumab, aflibercept), and surgery are all possible treatments.
The dearth of research from Africa is most likely due to a lack of funding, a lack of health infrastructure, lack of trained ophthalmologists, a shortage of educated medical experts, and with the increase in the market players like Novartis AG, Abbott Laboratories, and many more, with alternative treatments and increase in competition in the market.
Increase in the cost of treatment due to which people hang back their decisions related with the treatment and medications. In addition, a lack of awareness of the new treatments and advancements in the market are restraining the MEA diabetic retinopathy market growth.
This research report on the MEA diabetic retinopathy market has been segmented and sub-segmented into the following categories:
By Treatment Type:
Diabetic retinopathy is the third leading cause of irreversible blindness worldwide. The general population is becoming more aware of the various treatment choices for diabetic retinopathy and the benefits of early detection. In the 31 of the United Nations' 48 least economically developed countries are located in Africa. Because of this, according to the International Diabetes Federation, the number of diabetic people in Africa will grow by 98 percent, from 12.1 million in 2010 to 239 million by 2030.
Six of the top ten diabetes-prevalence nations globally are in the Middle East (Bahrain, Kuwait, Lebanon, Oman, Saudi Arabia, and the United Arab Emirates). Diabetic retinopathy affects 19 percent of people in the UAE and 64% of people in Jordan.
Diabetes categorization in Africa is challenging, particularly in areas where research is scarce. Disease features vary between Caucasians and non-Caucasians. For example, in African populations, the peak age of development of Type 1 diabetes is later, generally 22–29 years. Other diabetes phenotypes are known in African-American individuals, including ‘atypical African diabetes' and ‘malnutrition-related diabetes.’
KEY MARKET PLAYERS:
Bayer AG, Pfizer Inc., Hoffmann-La Roche Ltd., Regeneron Pharmaceutical Inc., Novartis AG, Valeant Pharmaceutical International Inc., Abbott Laboratories Inc., Alimera Science Inc., and Ampio Pharmaceuticals Inc. are playing a leading role in the MEA Diabetic Retinopathy Market.
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