Market Trends of Global Retinal Detachment Treatment Industry
This section covers the major market trends shaping the Retinal Detachment Treatment Market according to our research experts:
Vitrectomy Segment Expects to Register a Significant Growth Over the Forecast Period
The vitrectomy segment is expected to witness significant growth in the retinal detachment treatment market over the forecast period owing to factors such as the rising burden of diabetic retinopathy and the growing prevalence of the retinal disease.
A vitrectomy is a surgical procedure undertaken by a specialist where the vitreous humor gel that fills the eye cavity is removed to provide better access to the retina. It allows for a variety of repairs, including the removal of scar tissue, the laser repair of retinal detachments, and the treatment of macular holes. To maintain the retina in place following surgery, saline, a gas bubble, or silicone oil may be injected into the vitreous gel.
According to a study published in the Journal of Medical Case Reports in May 2021, it has been observed that the small-gauge vitrectomy can reduce intraoperative stress and stop excessive bleeding, and the small-gauge Pars plana vitrectomy can successfully treat high myopia and retinal detachment in patients with Ehlers-Danlos syndrome (EDS) type IV. Also, as per an article published in Frontiers in Medicine in October 2021, it has been observed that vitrectomy is the ideal procedure for treating chronic total rhegmatogenous retinal detachment (RRD) with proliferative vitreoretinopathy (PVR) grade D in young adults, which removes PVR, peels the epiretinal membrane, and even performs a retinectomy to remove the subretinal membrane. Thus, such research studies are expected to increase the adoption of the vitrectomy method during retinal procedures, which is expected to fuel segment growth over the forecast period.
Also, recent improvements in equipment for transconjunctival pars plana vitrectomy are likely to help the segment grow.The improvements have led to fewer cases of dry eyes and scars on the conjunctiva after surgery, more effective surgery, less inflammation after surgery, which means less pain and more comfort for the patient, better results from cosmetic surgery, fewer astigmatic changes, and faster visual recovery.For instance, a study published in the February 2022 issue of the Journal of 'Ophthalmic Surgery, Lasers, and Imaging Retina stated that pars plana vitrectomy and gas tamponade (GT) restoration of rhegmatogenous retinal detachment (RRD) have significant clinical and quality-of-life effects in contrast to short-acting air tamponade.
Therefore, owing to the aforementioned factors, the studied segment is expected to grow over the forecast period.
North America is Expected to Have the Significant Market Share Over the Forecast Period
Over the next few years, the market for retinal detachment treatments is expected to grow a lot in North America. This is because of things like helpful government programs, more research partnerships, the presence of key players, the high number of diabetes-related complications in the region, the growing number of older people, and the region's well-established healthcare infrastructure.For example, according to data from the CDC, diabetic retinopathy will be the leading cause of vision loss and blindness in adults of working age in the United States by May 2021. By 2050, about 14.6 million Americans are expected to have diabetic retinopathy.
Also, the growing number of people with diabetes is likely to increase the demand for retinal eye treatment, which will help the market grow.For instance, about 32 million and 14 million people living in the United States and Mexico were suffering from diabetes in 2021, and this number is projected to reach 36.2 million and 21.8 million by 2045, respectively. So, the expected rise in population raises the risk of getting diabetic retinopathy, which makes more people want to have surgery and drives market growth.
Also, the fact that there are more retina specialists in the area opens up good chances for market growth.For example, in October 2021, Retina Consultants of America (RCA), a company that helps doctors manage their practices, added Tennessee Retina, which works in nine places like Nashville, Bowling Green, and Crossville.The doctors at Tennessee Retina are members of many ophthalmologic and vitreoretinal professional societies, both locally and internationally.This is expected to increase market growth over the forecast period.
Thus, the studied market is expected to grow over the next few years because of things like the high number of people with diabetes, the growing number of people with diabetic retinopathy, and the growing number of retina specialists.
