Japan Anti-vascular Endothelial Growth Factor Therapeutics Market Size & Outlook
Japan anti-vascular endothelial growth factor therapeutics market, 2017-2028 (US$M)
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Japan anti-vascular endothelial growth factor therapeutics market highlights
- The Japan anti-vascular endothelial growth factor therapeutics market generated a revenue of USD 408.8 million in 2021 and is expected to reach USD 418.5 million by 2028.
- The Japan market is expected to grow at a CAGR of 0.3% 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 408.8 million |
| Market revenue in 2028 | USD 418.5 million |
| Growth rate | 0.3% (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, Japan accounted for 3.3% 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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Japan 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 56.46% in 2021. Horizon Databook has segmented the Japan anti-vascular endothelial growth factor therapeutics market based on eylea, lucentis, beouvu covering the revenue growth of each sub-segment from 2017 to 2028.
Japan’s anti-VEGF therapeutics market is anticipated to witness lucrative growth over the forecast period due to strategic initiatives undertaken by companies to introduce novel treatments, coupled with favorable government initiatives that promote the adoption of such products through reimbursement coverage.
In May 2020, Novartis AG introduced the novel anti-VEGF inhibitor Beovu (brolucizumab) for the treatment of AMD in Japan. The introduction of a new product may increase market growth in the country.
In addition, DAIICHI SANKYO COMPANY, LIMITED launched the biosimilar of Avastin (bevacizumab) with 100 mg and 400 mg intravenous drip infusions. This product can be used as an off-label drug for AMD. The product was introduced in December 2019, and in November 2019, the product was listed in NHI reimbursement.
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Horizon Databook provides a detailed overview of country-level data and insights on the Japan anti-vascular endothelial growth factor therapeutics market , including forecasts for subscribers. This country databook contains high-level insights into Japan anti-vascular endothelial growth factor therapeutics market from 2017 to 2028, including revenue numbers, major trends, and company profiles.
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Japan anti-vascular endothelial growth factor therapeutics market size, by product, 2017-2028 (US$M)
Japan Anti-Vascular Endothelial Growth Factor Therapeutics Market Outlook Share, 2021 & 2028 (US$M)
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