Product Code: ETC6181653 | Publication Date: Sep 2024 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The geographic atrophy market in Australia is seeing growth as the incidence of age-related macular degeneration (AMD) rises with an aging population. Geographic atrophy, a severe form of dry AMD, leads to progressive vision loss and is a major focus of research in ophthalmology. The Australian market is benefiting from advancements in gene therapy, cell-based treatments, and anti-inflammatory drug development aimed at slowing or halting the progression of geographic atrophy. The country`s aging population and increased healthcare access are key factors driving demand for innovative treatments and diagnostic technologies.
The geographic atrophy market in Australia, a subset of the age-related macular degeneration (AMD) treatment market, is witnessing growing attention as the aging population increases. While no approved therapies currently exist, the trend is shifting toward clinical research and innovation, with several pharmaceutical companies conducting trials for novel treatments. Awareness campaigns and improved diagnostic tools are enhancing early detection, and future advancements in gene therapy and stem cell research are expected to play a crucial role in shaping the market landscape.
The geographic atrophy market in Australia faces challenges in terms of early diagnosis and treatment options. Geographic atrophy, a form of age-related macular degeneration (AMD), often progresses without symptoms in its early stages, making early intervention difficult. The market is also challenged by the high cost of advanced therapies and treatments, as well as the limited availability of specialized care and infrastructure in certain regions. Research and development for more effective treatments are ongoing but face regulatory hurdles and high clinical trial costs.
In the healthcare sector, the geographic atrophy market offers compelling opportunities due to Australias aging population and increasing prevalence of age-related macular degeneration (AMD). Investment in R&D for novel treatment options, especially gene and cell therapies, could position pharmaceutical and biotech firms at the forefront of a growing demand for effective AMD interventions. Clinical trials and partnerships with research institutions are strategic avenues for capitalizing on this market.
The Australian government, through the Department of Health and various health agencies, plays a significant role in addressing public health concerns such as geographic atrophy (GA). Policies aimed at improving eye health, funding for research on age-related macular degeneration (AMD), and expanding access to treatments are critical factors driving the growth of the geographic atrophy market. Public health campaigns and government support for early detection programs help raise awareness, and initiatives aimed at reducing the burden of visual impairment support the demand for diagnostic tools and therapeutic treatments for GA.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia Geographic Atrophy Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Geographic Atrophy Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Geographic Atrophy Market - Industry Life Cycle |
3.4 Australia Geographic Atrophy Market - Porter's Five Forces |
3.5 Australia Geographic Atrophy Market Revenues & Volume Share, By Age Group, 2021 & 2031F |
3.6 Australia Geographic Atrophy Market Revenues & Volume Share, By Diagnosis, 2021 & 2031F |
3.7 Australia Geographic Atrophy Market Revenues & Volume Share, By Therapeutic Agents Clinical Phase, 2021 & 2031F |
4 Australia Geographic Atrophy Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing prevalence of age-related macular degeneration (AMD) in Australia |
4.2.2 Advancements in diagnostic technologies for early detection and management of geographic atrophy |
4.2.3 Growth in research and development activities focused on finding effective treatments for geographic atrophy |
4.3 Market Restraints |
4.3.1 High costs associated with the diagnosis and treatment of geographic atrophy |
4.3.2 Limited awareness among patients and healthcare providers about geographic atrophy |
4.3.3 Stringent regulatory requirements for approval of new treatments |
5 Australia Geographic Atrophy Market Trends |
6 Australia Geographic Atrophy Market, By Types |
6.1 Australia Geographic Atrophy Market, By Age Group |
6.1.1 Overview and Analysis |
6.1.2 Australia Geographic Atrophy Market Revenues & Volume, By Age Group, 2021- 2031F |
6.1.3 Australia Geographic Atrophy Market Revenues & Volume, By Above 60 Years, 2021- 2031F |
6.1.4 Australia Geographic Atrophy Market Revenues & Volume, By Above 75 Years, 2021- 2031F |
6.2 Australia Geographic Atrophy Market, By Diagnosis |
6.2.1 Overview and Analysis |
6.2.2 Australia Geographic Atrophy Market Revenues & Volume, By Fundus Autofluorescence (FAF), 2021- 2031F |
6.2.3 Australia Geographic Atrophy Market Revenues & Volume, By Optical Coherence Tomography Angiography (OCT-A), 2021- 2031F |
6.2.4 Australia Geographic Atrophy Market Revenues & Volume, By Multifocal Electroretinography (MfERG), 2021- 2031F |
6.3 Australia Geographic Atrophy Market, By Therapeutic Agents Clinical Phase |
6.3.1 Overview and Analysis |
6.3.2 Australia Geographic Atrophy Market Revenues & Volume, By Late-Stage (Phase III), 2021- 2031F |
6.3.3 Australia Geographic Atrophy Market Revenues & Volume, By Phase II, 2021- 2031F |
6.3.4 Australia Geographic Atrophy Market Revenues & Volume, By Phase I, 2021- 2031F |
7 Australia Geographic Atrophy Market Import-Export Trade Statistics |
7.1 Australia Geographic Atrophy Market Export to Major Countries |
7.2 Australia Geographic Atrophy Market Imports from Major Countries |
8 Australia Geographic Atrophy Market Key Performance Indicators |
8.1 Number of clinical trials focused on geographic atrophy treatment |
8.2 Adoption rate of advanced diagnostic technologies in the management of geographic atrophy |
8.3 Level of government funding allocated to research on geographic atrophy |
9 Australia Geographic Atrophy Market - Opportunity Assessment |
9.1 Australia Geographic Atrophy Market Opportunity Assessment, By Age Group, 2021 & 2031F |
9.2 Australia Geographic Atrophy Market Opportunity Assessment, By Diagnosis, 2021 & 2031F |
9.3 Australia Geographic Atrophy Market Opportunity Assessment, By Therapeutic Agents Clinical Phase, 2021 & 2031F |
10 Australia Geographic Atrophy Market - Competitive Landscape |
10.1 Australia Geographic Atrophy Market Revenue Share, By Companies, 2024 |
10.2 Australia Geographic Atrophy Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |