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Global Retinal Vein Occlusion Market to Grow at a 16.04% CAGR of by 2018 Says a New Research Report at Sandlerresearch.org
Date:8/7/2014

Dallas, Texas (PRWEB) August 07, 2014

One of the growth-pertaining trends in the market is the introduction of biologics as a treatment option for retinal vein occlusion. Drugs such as Avastin (bevacizumab) and Lucentis (ranibizumab), which are Vascular Endothelial Growth Factor (VEGF) inhibitors, are being used in the treatment of retinal vein occlusion in patients. This is expected to drive the growth of the market in the forecast period.

Analysts forecast the Global Retinal Vein Occlusion market will grow at a CAGR of 16.04 percent over the period 2013-2018. According to the report, high unmet needs because of the presence of fewer approved treatment options for this indication are one of the major drivers of the market. There are only three drugs approved for the indication: Eylea, by Bayer and Regeneron Pharmaceuticals; Lucentis, by F. Hoffmann-La Roche and Novartis; and Ozurdex, by Allergan. Therefore, the launch of new products for the treatment of retinal vein occlusion is expected to drive the market.

Retinal vein occlusion is a medical condition where there is a blockage in the retinal veins. This blocks the flow of blood in the retina, which can damage the nerve cells of the eye and result in loss of vision. Retinal vein occlusion can occur as a result of a clot in a vein, especially if the veins of the eye are very narrow. The disease is likely to affect people who are already suffering from hypertension, diabetes mellitus, or hyperlipidaemia. Retinal vein occlusion is one of the most common causes of blindness after diabetic retinopathy. It is also one of the most common vascular disorders of the eye. Retinal vein occlusion can be broadly classified into two types, central retinal vein occlusio
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