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Market Scope Expects Retina Pharmaceutical Industry to Top $3.5 Billion by 2014
Date:5/26/2009

Market Scope has announced the publication of the recently updated 2009 editions of two of its three comprehensive reports on the retinal products industry. According to Market Scope, this is a very exciting time in the retinal products market. New anti-VEGF therapies are successfully treating vision-threatening retinal diseases that, in the recent past, had been largely untreatable. Investigational devices are promising to restore some sight to those who have lost much of their vision. And new diagnostic technologies are allowing the intricate layers of the retina to be visualized with greater clarity and detail than ever before.

St. Louis, MO (PRWEB) May 22, 2009- In the midst of significant advances, demand for retinal treatments is soaring, driven by rapid growth in elderly populations, increases in diabetes, greater access to medical care in emerging economies, and rapidly evolving quality-of-life expectations among aging populations. "The new tools and technologies have mixed with burgeoning demand to create significant opportunity in the rapidly transforming market for retinal pharmaceuticals and devices," according to David Harmon, Market Scope's president.

The retinal pharmaceutical market is no longer a backwater with few products; it has rapidly evolved into one of the largest segments in the ophthalmic pharmaceutical industry. Anti-VEGF therapies have significantly changed the prognosis for those suffering from age-related macular degeneration (AMD). The benefits from these new drugs are dramatic, but much of the commercial oppor
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Source: PRWeb
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