Product Code: ETC6192862 | Publication Date: Sep 2024 | Updated Date: May 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Deep | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Thyroid Eye Disease (TED) Treatments Market in Australia is expanding, with increasing awareness and new treatment options entering the market. TED, often linked with Graves disease, affects the muscles and tissues around the eyes, leading to discomfort and vision problems. Treatment options include corticosteroids, biologics, and surgical interventions. The launch of targeted therapies like teprotumumab and rising early diagnosis rates are enhancing patient care, leading to market growth in this niche but significant therapeutic area.
The thyroid eye disease (TED) treatments market in Australia is growing as awareness of this condition, which is commonly associated with hyperthyroidism or Graves` disease, increases. TED causes inflammation and swelling of the tissues around the eyes, leading to symptoms such as bulging eyes, dry eyes, and vision problems. Treatment options include medications, radiation therapy, and, in some cases, surgery. The market is benefiting from advancements in biologic therapies that specifically target the underlying causes of TED, providing patients with more effective and targeted treatment options. Additionally, with the increasing focus on improving the quality of life for TED patients, the demand for innovative treatments is expected to continue growing.
The thyroid eye disease treatment market in Australia faces a lack of specific, effective medications approved solely for this condition. Treatments are often symptomatic rather than curative, leading to patient dissatisfaction. Surgical options are invasive and carry risks, which deter many potential patients. The market is constrained by the rarity of severe cases, limiting the incentive for pharmaceutical innovation. Furthermore, awareness about the link between thyroid conditions and eye diseases is low among both patients and general practitioners. This results in delayed treatment and worsened outcomes, further complicating the market landscape.
Thyroid Eye Disease (TED), though less common, is a growing concern particularly in patients with Graves` disease, and offers significant room for treatment innovation in Australia. Currently treated with corticosteroids and orbital decompression surgeries, the market is ready for novel biologics and immunotherapies that offer fewer side effects. Investors have an opportunity in funding clinical trials or importing cutting-edge treatments from the US and Europe. Patient demand is shifting toward non-invasive and targeted therapies, aligning with trends in personalized medicine. Eye clinics and specialty hospitals represent ideal distribution points for TED therapies. Collaborations with endocrinologists and ophthalmologists will be key to establishing credibility and uptake.
Thyroid Eye Disease (TED) treatments are closely regulated in Australia under the Therapeutic Goods Administration (TGA), which ensures that therapies targeting TED meet strict health and safety guidelines. The market for TED treatments is growing due to increased awareness of the condition, which is linked to thyroid disorders like hyperthyroidism. Government support for innovative treatments, particularly biologics and newer immunotherapies, is crucial for improving patient outcomes. Public funding through the Pharmaceutical Benefits Scheme (PBS) may cover some TED treatments, making them more affordable for Australian patients. Additionally, the National Health and Medical Research Council (NHMRC) funds research into the pathophysiology of TED, fostering advancements in treatment options. There are also regulatory incentives for the development of novel therapies targeting the underlying autoimmune mechanisms of the disease.
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 Thyroid Eye Disease Treatments Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Thyroid Eye Disease Treatments Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Thyroid Eye Disease Treatments Market - Industry Life Cycle |
3.4 Australia Thyroid Eye Disease Treatments Market - Porter's Five Forces |
3.5 Australia Thyroid Eye Disease Treatments Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Australia Thyroid Eye Disease Treatments Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Australia Thyroid Eye Disease Treatments Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Australia Thyroid Eye Disease Treatments Market Trends |
6 Australia Thyroid Eye Disease Treatments Market, By Types |
6.1 Australia Thyroid Eye Disease Treatments Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Australia Thyroid Eye Disease Treatments Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Australia Thyroid Eye Disease Treatments Market Revenues & Volume, By Medication, 2021- 2031F |
6.1.4 Australia Thyroid Eye Disease Treatments Market Revenues & Volume, By Radioactive Iodine Therapy, 2021- 2031F |
6.1.5 Australia Thyroid Eye Disease Treatments Market Revenues & Volume, By Surgery, 2021- 2031F |
6.2 Australia Thyroid Eye Disease Treatments Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Australia Thyroid Eye Disease Treatments Market Revenues & Volume, By Surgery Hospital Pharmacy, 2021- 2031F |
6.2.3 Australia Thyroid Eye Disease Treatments Market Revenues & Volume, By Online Pharmacy, 2021- 2031F |
6.2.4 Australia Thyroid Eye Disease Treatments Market Revenues & Volume, By Retail Pharmacy, 2021- 2031F |
7 Australia Thyroid Eye Disease Treatments Market Import-Export Trade Statistics |
7.1 Australia Thyroid Eye Disease Treatments Market Export to Major Countries |
7.2 Australia Thyroid Eye Disease Treatments Market Imports from Major Countries |
8 Australia Thyroid Eye Disease Treatments Market Key Performance Indicators |
9 Australia Thyroid Eye Disease Treatments Market - Opportunity Assessment |
9.1 Australia Thyroid Eye Disease Treatments Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Australia Thyroid Eye Disease Treatments Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Australia Thyroid Eye Disease Treatments Market - Competitive Landscape |
10.1 Australia Thyroid Eye Disease Treatments Market Revenue Share, By Companies, 2024 |
10.2 Australia Thyroid Eye Disease Treatments Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |