India Anti-vascular Endothelial Growth Factor Therapeutics Market Size & Outlook
India anti-vascular endothelial growth factor therapeutics market, 2017-2028 (US$M)
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India anti-vascular endothelial growth factor therapeutics market highlights
- The India anti-vascular endothelial growth factor therapeutics market generated a revenue of USD 47.4 million in 2021 and is expected to reach USD 57.7 million by 2028.
- The India market is expected to grow at a CAGR of 2.9% 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.
Anti-vascular endothelial growth factor therapeutics market data book summary
| Market revenue in 2021 | USD 47.4 million |
| Market revenue in 2028 | USD 57.7 million |
| Growth rate | 2.9% (CAGR from 2021 to 2028) |
| Largest segment | Eylea |
| Fastest growing segment | Beouvu |
| Historical data | 2017 - 2020 |
| Base year | 2021 |
| Forecast period | 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, India accounted for 0.4% of the global anti-vascular endothelial growth factor therapeutics market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
- In Asia Pacific, Japan anti-vascular endothelial growth factor therapeutics market is projected to lead the regional market in terms of revenue in 2028.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 354.8 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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India 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 53.59% in 2021. Horizon Databook has segmented the India anti-vascular endothelial growth factor therapeutics market based on eylea, lucentis, beouvu covering the revenue growth of each sub-segment from 2017 to 2028.
India’s anti-VEGF therapeutics market is anticipated to witness significant growth over the forecast period, owing to increasing prevalence of wet AMD and DME, coupled with increasing disposable income of the population. According to the Global Burden of Disease database, the prevalence of AMD was reported to be around 957,438 in 2018, which increased to 1,100,928 in 2019.
The penetration of biosimilars in the market can increase the affordability of treatment for middle-income patients in the region. In November 2017, Mylan N.V. (Viatris Inc.) introduced ABEVMY, a biosimilar version of bevacizumab after the Drug Controller General of India’s (DCGI) approval for Avastin-approved indications. The product is used off-label for the treatment of wet AMD.
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Horizon Databook provides a detailed overview of country-level data and insights on the India anti-vascular endothelial growth factor therapeutics market , including forecasts for subscribers. This country databook contains high-level insights into India anti-vascular endothelial growth factor therapeutics market from 2017 to 2028, including revenue numbers, major trends, and company profiles.
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India anti-vascular endothelial growth factor therapeutics market size, by product, 2017-2028 (US$M)
India Anti-Vascular Endothelial Growth Factor Therapeutics Market Outlook Share, 2021 & 2028 (US$M)
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