Europe Anti-vascular Endothelial Growth Factor Therapeutics Market Size & Outlook
Europe anti-vascular endothelial growth factor therapeutics market, 2017-2028 (US$M)
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Europe anti-vascular endothelial growth factor therapeutics market highlights
- The Europe anti-vascular endothelial growth factor therapeutics market generated a revenue of USD 2,978.0 million in 2021.
- The market is expected to grow at a CAGR of 0.5% from 2022 to 2028.
- In terms of segment, eylea was the largest revenue generating product in 2021.
- Beouvu is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Spain is expected to register the highest CAGR from 2022 to 2028.
Europe data book summary
| Market revenue in 2021 | USD 2,978.0 million |
| Market revenue in 2028 | USD 3,084.0 million |
| Growth rate | 0.5% (CAGR from 2021 to 2028) |
| Largest segment | Eylea |
| Fastest growing segment | Beouvu |
| Historical data covered | 2017 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Eylea, Lucentis, Beouvu |
| Key market players worldwide | Roche Holding AG ADR, Biogen Inc, Pfizer Inc, Amgen Inc, Bausch Health Companies Inc, Viatris Inc, Coherus BioSciences Inc |
Other key industry trends
- In terms of revenue, Europe region accounted for 24.1% of the global anti-vascular endothelial growth factor therapeutics market in 2021.
- Globally, North America is projected to lead the regional market in terms of revenue in 2028.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,045.7 million by 2028.
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Anti-Vascular Endothelial Growth Factor Therapeutics Market Scope
Anti-Vascular Endothelial Growth Factor Therapeutics Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe anti-vascular endothelial growth factor therapeutics market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to anti-vascular endothelial growth factor therapeutics market will help companies and investors design strategic landscapes.
Eylea was the largest segment with a revenue share of 63.13% in 2021. Horizon Databook has segmented the Europe anti-vascular endothelial growth factor therapeutics market based on eylea, lucentis, beouvu covering the revenue growth of each sub-segment from 2017 to 2028.
Growing disease burden of ophthalmic diseases in the region and increasing investments for development of treatment options are expected to drive the anti-VEGF therapeutics market in the region. Prevalence and incidence of indications, such as AMD and diabetic retinopathies, are reported to be high in the region, which can support market growth.
Currently, there are various options available for the treatment of these diseases. However, anti-VEGF therapeutics are the first choice of treatment. According to a survey, around 61% of respondents in Europe prefer Eylea for the treatment of diabetic retinopathies and DME.
Healthcare in Europe is universal, with coverage available for all approved uses. On the contrary, reimbursement for off-label drug use differs across Europe in accordance with the existence of legislation permitting off-label use.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe anti-vascular endothelial growth factor therapeutics market , including forecasts for subscribers. This continent databook contains high-level insights into Europe anti-vascular endothelial growth factor therapeutics market from 2017 to 2028, including revenue numbers, major trends, and company profiles.
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Europe anti-vascular endothelial growth factor therapeutics market size, by country, 2017-2028 (US$M)
Europe Anti-Vascular Endothelial Growth Factor Therapeutics Market Outlook Share, 2021 & 2028 (US$M)
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