Product Code: ETC13145155 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Geographic Atrophy Market was valued at USD 2.8 Billion in 2024 and is expected to reach USD 4 Billion by 2031, growing at a compound annual growth rate of 5.20% during the forecast period (2025-2031).
The Global Geographic Atrophy Market is witnessing significant growth driven by the increasing prevalence of age-related macular degeneration (AMD) worldwide. Geographic atrophy, a severe form of AMD, results in the gradual loss of central vision leading to blindness. The market is characterized by the rising elderly population, advancements in diagnostic technologies, and the development of innovative treatment options such as anti-VEGF therapies and complement inhibitors. Key players in the market are investing in research and development activities to introduce novel therapies targeting the underlying mechanisms of geographic atrophy. Additionally, strategic collaborations, mergers, and acquisitions are prevalent in the market to expand product portfolios and enhance market presence. The market is poised for further expansion with the growing awareness of AMD and the increasing demand for effective treatment options.
The Global Geographic Atrophy Market is experiencing a growing demand for innovative treatments and therapies due to the increasing prevalence of age-related macular degeneration (AMD) worldwide. The market is witnessing a shift towards personalized medicine and advanced technologies such as gene therapy and stem cell therapy for the treatment of geographic atrophy. Key opportunities in the market include the development of novel drugs targeting specific pathways involved in the progression of AMD, as well as the expansion of market penetration in emerging economies with a rising aging population. Additionally, collaborations between pharmaceutical companies and research institutions are expected to drive the discovery of new treatment approaches and improve patient outcomes in the Global Geographic Atrophy Market.
The Global Geographic Atrophy Market faces several challenges, including limited understanding of the underlying disease mechanisms, lack of effective treatment options, and the high cost of research and development for potential therapies. Additionally, the complex nature of geographic atrophy, which is a progressive and irreversible form of age-related macular degeneration, poses difficulties in developing targeted interventions. Furthermore, the market is characterized by a small patient population, making it less attractive for pharmaceutical companies to invest in developing new treatments. Regulatory hurdles and the need for extensive clinical trials to demonstrate efficacy further contribute to the challenges faced in the Global Geographic Atrophy Market. Overall, overcoming these obstacles will require collaboration among researchers, clinicians, regulators, and industry stakeholders to drive innovation and improve patient outcomes.
The Global Geographic Atrophy Market is primarily driven by the increasing prevalence of age-related macular degeneration (AMD), which is a leading cause of geographic atrophy. Additionally, the rising geriatric population worldwide, along with the high unmet medical needs for effective treatments, are fueling the market growth. Technological advancements in diagnostic tools and treatment options, such as anti-vascular endothelial growth factor (VEGF) therapies and emerging gene therapies, are also contributing to market expansion. Furthermore, the growing investments in research and development activities by pharmaceutical companies and government initiatives to raise awareness about AMD and geographic atrophy are expected to drive market growth in the forecast period.
Government policies related to the Global Geographic Atrophy Market primarily focus on promoting research and development of new treatments, ensuring patient access to innovative therapies, and providing regulatory oversight to ensure product safety and efficacy. Governments may provide funding for research initiatives, offer incentives for companies to invest in developing treatments for geographic atrophy, and establish regulatory frameworks to expedite the approval process for new therapies. Additionally, policies may aim to encourage collaboration between industry stakeholders, healthcare providers, and patient advocacy groups to address unmet needs in the treatment of geographic atrophy. Overall, government policies play a crucial role in shaping the landscape of the geographic atrophy market by driving innovation, facilitating market access, and safeguarding patient welfare.
The Global Geographic Atrophy Market is expected to witness significant growth in the coming years, driven by an aging population and increasing prevalence of age-related macular degeneration (AMD). Geographic atrophy, a severe form of AMD, currently lacks effective treatment options, presenting a lucrative opportunity for pharmaceutical companies to develop innovative therapies. Advancements in research and technology, such as gene therapy and stem cell therapy, hold promise for the future treatment of geographic atrophy, further fueling market growth. With a rising demand for improved management and treatment options for this debilitating eye condition, the market is poised for expansion, attracting investments and driving collaborations between industry players and research institutions to address the unmet medical needs of patients worldwide.
In the Global Geographic Atrophy Market, Asia is expected to witness substantial growth due to the increasing aging population and rising prevalence of age-related macular degeneration (AMD) in countries like Japan and China. North America remains a key market due to the presence of advanced healthcare infrastructure and higher awareness about AMD among the population. Europe is also a significant market, driven by innovative research and development activities in countries like Germany and the UK. The Middle East and Africa region is expected to show steady growth, supported by improving healthcare facilities and increasing investments in ophthalmic research. Latin America is anticipated to experience moderate growth, with countries like Brazil and Mexico focusing on expanding access to treatment options for geographic atrophy.
Global Geographic Atrophy Market |
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 Global Geographic Atrophy Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Geographic Atrophy Market Revenues & Volume, 2021 & 2031F |
3.3 Global Geographic Atrophy Market - Industry Life Cycle |
3.4 Global Geographic Atrophy Market - Porter's Five Forces |
3.5 Global Geographic Atrophy Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Geographic Atrophy Market Revenues & Volume Share, By Age Group, 2021 & 2031F |
3.7 Global Geographic Atrophy Market Revenues & Volume Share, By Diagnosis, 2021 & 2031F |
3.8 Global Geographic Atrophy Market Revenues & Volume Share, By Therapeutic Agents Clinical Phase, 2021 & 2031F |
4 Global Geographic Atrophy Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Geographic Atrophy Market Trends |
6 Global Geographic Atrophy Market, 2021 - 2031 |
6.1 Global Geographic Atrophy Market, Revenues & Volume, By Age Group, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Geographic Atrophy Market, Revenues & Volume, By Above 60 Years, 2021 - 2031 |
6.1.3 Global Geographic Atrophy Market, Revenues & Volume, By Above 75 Years, 2021 - 2031 |
6.2 Global Geographic Atrophy Market, Revenues & Volume, By Diagnosis, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Geographic Atrophy Market, Revenues & Volume, By Fundus Autofluorescence (FAF), 2021 - 2031 |
6.2.3 Global Geographic Atrophy Market, Revenues & Volume, By Optical Coherence Tomography Angiography (OCT-A), 2021 - 2031 |
6.2.4 Global Geographic Atrophy Market, Revenues & Volume, By Multifocal Electroretinography (MfERG), 2021 - 2031 |
6.3 Global Geographic Atrophy Market, Revenues & Volume, By Therapeutic Agents Clinical Phase, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Geographic Atrophy Market, Revenues & Volume, By Late-Stage (Phase III), 2021 - 2031 |
6.3.3 Global Geographic Atrophy Market, Revenues & Volume, By Phase II, 2021 - 2031 |
6.3.4 Global Geographic Atrophy Market, Revenues & Volume, By Phase I, 2021 - 2031 |
7 North America Geographic Atrophy Market, Overview & Analysis |
7.1 North America Geographic Atrophy Market Revenues & Volume, 2021 - 2031 |
7.2 North America Geographic Atrophy Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Geographic Atrophy Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Geographic Atrophy Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Geographic Atrophy Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Geographic Atrophy Market, Revenues & Volume, By Age Group, 2021 - 2031 |
7.4 North America Geographic Atrophy Market, Revenues & Volume, By Diagnosis, 2021 - 2031 |
7.5 North America Geographic Atrophy Market, Revenues & Volume, By Therapeutic Agents Clinical Phase, 2021 - 2031 |
8 Latin America (LATAM) Geographic Atrophy Market, Overview & Analysis |
8.1 Latin America (LATAM) Geographic Atrophy Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Geographic Atrophy Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Geographic Atrophy Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Geographic Atrophy Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Geographic Atrophy Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Geographic Atrophy Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Geographic Atrophy Market, Revenues & Volume, By Age Group, 2021 - 2031 |
8.4 Latin America (LATAM) Geographic Atrophy Market, Revenues & Volume, By Diagnosis, 2021 - 2031 |
8.5 Latin America (LATAM) Geographic Atrophy Market, Revenues & Volume, By Therapeutic Agents Clinical Phase, 2021 - 2031 |
9 Asia Geographic Atrophy Market, Overview & Analysis |
9.1 Asia Geographic Atrophy Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Geographic Atrophy Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Geographic Atrophy Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Geographic Atrophy Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Geographic Atrophy Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Geographic Atrophy Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Geographic Atrophy Market, Revenues & Volume, By Age Group, 2021 - 2031 |
9.4 Asia Geographic Atrophy Market, Revenues & Volume, By Diagnosis, 2021 - 2031 |
9.5 Asia Geographic Atrophy Market, Revenues & Volume, By Therapeutic Agents Clinical Phase, 2021 - 2031 |
10 Africa Geographic Atrophy Market, Overview & Analysis |
10.1 Africa Geographic Atrophy Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Geographic Atrophy Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Geographic Atrophy Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Geographic Atrophy Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Geographic Atrophy Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Geographic Atrophy Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Geographic Atrophy Market, Revenues & Volume, By Age Group, 2021 - 2031 |
10.4 Africa Geographic Atrophy Market, Revenues & Volume, By Diagnosis, 2021 - 2031 |
10.5 Africa Geographic Atrophy Market, Revenues & Volume, By Therapeutic Agents Clinical Phase, 2021 - 2031 |
11 Europe Geographic Atrophy Market, Overview & Analysis |
11.1 Europe Geographic Atrophy Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Geographic Atrophy Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Geographic Atrophy Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Geographic Atrophy Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Geographic Atrophy Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Geographic Atrophy Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Geographic Atrophy Market, Revenues & Volume, By Age Group, 2021 - 2031 |
11.4 Europe Geographic Atrophy Market, Revenues & Volume, By Diagnosis, 2021 - 2031 |
11.5 Europe Geographic Atrophy Market, Revenues & Volume, By Therapeutic Agents Clinical Phase, 2021 - 2031 |
12 Middle East Geographic Atrophy Market, Overview & Analysis |
12.1 Middle East Geographic Atrophy Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Geographic Atrophy Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Geographic Atrophy Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Geographic Atrophy Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Geographic Atrophy Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Geographic Atrophy Market, Revenues & Volume, By Age Group, 2021 - 2031 |
12.4 Middle East Geographic Atrophy Market, Revenues & Volume, By Diagnosis, 2021 - 2031 |
12.5 Middle East Geographic Atrophy Market, Revenues & Volume, By Therapeutic Agents Clinical Phase, 2021 - 2031 |
13 Global Geographic Atrophy Market Key Performance Indicators |
14 Global Geographic Atrophy Market - Export/Import By Countries Assessment |
15 Global Geographic Atrophy Market - Opportunity Assessment |
15.1 Global Geographic Atrophy Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Geographic Atrophy Market Opportunity Assessment, By Age Group, 2021 & 2031F |
15.3 Global Geographic Atrophy Market Opportunity Assessment, By Diagnosis, 2021 & 2031F |
15.4 Global Geographic Atrophy Market Opportunity Assessment, By Therapeutic Agents Clinical Phase, 2021 & 2031F |
16 Global Geographic Atrophy Market - Competitive Landscape |
16.1 Global Geographic Atrophy Market Revenue Share, By Companies, 2024 |
16.2 Global Geographic Atrophy Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |