Spain Anti-vascular Endothelial Growth Factor Therapeutics Market Size & Outlook
Spain anti-vascular endothelial growth factor therapeutics market, 2017-2028 (US$M)
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Spain anti-vascular endothelial growth factor therapeutics market highlights
- The Spain anti-vascular endothelial growth factor therapeutics market generated a revenue of USD 254.8 million in 2021 and is expected to reach USD 265.5 million by 2028.
- The Spain market is expected to grow at a CAGR of 0.6% 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 254.8 million |
| Market revenue in 2028 | USD 265.5 million |
| Growth rate | 0.6% (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, Spain accounted for 2.1% 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 Europe, Germany anti-vascular endothelial growth factor therapeutics market is projected to lead the regional market in terms of revenue in 2028.
- Spain is the fastest growing regional market in Europe and is projected to reach USD 265.5 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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Spain 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 63.3% in 2021. Horizon Databook has segmented the Spain anti-vascular endothelial growth factor therapeutics market based on eylea, lucentis, beouvu covering the revenue growth of each sub-segment from 2017 to 2028.
Spain’s anti-VEGF therapeutics market is expected to witness significant growth over the forecast period, due to high adoption rate of anti-VEGF treatment with the disease burden among the population.
The increasing incidence of chronic diseases, such as diabetes mellitus, which is associated with DME, is expected to propel the market. According to an article published in the European Journal of Ophthalmology, the incidence of DME among diabetics was reported to be 2.2%.
In addition, the prescription rate for treatment of proliferative retinopathy and comorbid DME was 84.7% for anti-VEGF, in conjugation with Panretinal Photocoagulation (PRP), followed by anti-VEGF medications with 9.5% prescriptions. In Spain, around 97% of ophthalmologists use anti-VEGF medications as the first line of therapy in DME.
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Horizon Databook provides a detailed overview of country-level data and insights on the Spain anti-vascular endothelial growth factor therapeutics market , including forecasts for subscribers. This country databook contains high-level insights into Spain anti-vascular endothelial growth factor therapeutics market from 2017 to 2028, including revenue numbers, major trends, and company profiles.
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Spain anti-vascular endothelial growth factor therapeutics market size, by product, 2017-2028 (US$M)
Spain Anti-Vascular Endothelial Growth Factor Therapeutics Market Outlook Share, 2021 & 2028 (US$M)
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