North America Anti-vascular Endothelial Growth Factor Therapeutics Market Size & Outlook
North America anti-vascular endothelial growth factor therapeutics market, 2017-2028 (US$M)
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North America anti-vascular endothelial growth factor therapeutics market highlights
- The North America anti-vascular endothelial growth factor therapeutics market generated a revenue of USD 8,024.8 million in 2021.
- The market is expected to grow at a CAGR of 0.2% 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, Canada is expected to register the highest CAGR from 2022 to 2028.
North America data book summary
| Market revenue in 2021 | USD 8,024.8 million |
| Market revenue in 2028 | USD 8,152.1 million |
| Growth rate | 0.2% (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, North America region accounted for 64.9% 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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North America 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 74.21% in 2021. Horizon Databook has segmented the North America anti-vascular endothelial growth factor therapeutics market based on eylea, lucentis, beouvu covering the revenue growth of each sub-segment from 2017 to 2028.
Growth of North America’s anti-VEGF therapeutics market can be attributed to various factors, such as high burden of disease and increase in favorable government initiatives. Funding for research is high in the region. Moreover, increasing product launches and demand for medicines are expected to positively impact growth of the regional market.
In addition, technological advancements in medications may fuel market growth. For instance, in May 2020, F. Hoffmann-La Roche Ltd. announced the topline phase 3 clinical trial results for formulation advancement of ranibizumab with Port Delivery System. Such delivery systems and technological advancements may help the company gain a competitive edge in the market.
An article suggests that direct healthcare costs of visual impairment due to AMD accounted for USD 98 billion in the WHO subregion AMR-A, which covers the U.S., Canada, and Cuba. Presence of leading products, such as Avastin, Eylea, and Lucentis, among others, is expected to improve availability of treatment in the region. Avastin is prescribed off-label for the treatment and management of AMD symptoms.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America anti-vascular endothelial growth factor therapeutics market , including forecasts for subscribers. This continent databook contains high-level insights into North America anti-vascular endothelial growth factor therapeutics market from 2017 to 2028, including revenue numbers, major trends, and company profiles.
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North America anti-vascular endothelial growth factor therapeutics market size, by country, 2017-2028 (US$M)
North America Anti-Vascular Endothelial Growth Factor Therapeutics Market Outlook Share, 2021 & 2028 (US$M)
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