Diabetic Retinopathy Market share to reach USD 11.1 billion by 2023

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Diabetic Retinopathy Market forecast to reach USD
11.1 billion by 2023 Fractovia.org
Fuel Cell Market size worth 25.5bn by 2024
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Key Insights of Diabetic Retinopathy Market

• Growing old age population, increasing occurrence
  of diabetes, fast rise in cases of blindness and
  rising consciousness about early identification
  of diabetic retinopathy are the few factors
  driving the industry expansion.
• Diabetic retinopathy is an eye disorder that
  causes damage to the retina blood vessels. It is
  a common diabetic condition affecting eyes.
  Persons suffering from diabetes are at greater
  risk of developing diabetic retinopathy.
• The condition is mainly caused by high levels of
  glucose in blood producing changes in eye blood
  vessels. Retinopathy treatment depends upon
  ailment phase and is aimed at blocking its
  growth. Corticosteroids injections, vitrectomy
  and laser surgery are few of the available
  ailment treatments.
• Screening of retina and line of treatment depends
  upon the seriousness of the situation ensuring
  delivery of proper treatment. Diabetes is
  considered to be main cause of blindness in
  people.

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Continued

• To avoid blindness, people are demanding methods
  for early identification of ailment, fuelling
  diabetic retinopathy market trends. Also, old age
  population is more prone for contracting the
  ailment and hence promotes the industry growth.
• Further, technological breakthroughs in retinal
  screening methods and equipments like utilization
  of slit lamps and launching of new products like
  Gly-230 Optima are the factors predicted to
  drive the industry expansion. Growing occurrence
  of diabetes predicted to affect more than 4.6 of
  world population will also enhance the industry
  growth.
• Different types of diabetic retinopathy are
  non-proliferative and proliferative.
  Non-proliferative retinopathy led the industry by
  contributing more than 4.6 billion in 2015.
  Growing diabetes occurrence, non-compliant
  retinal screening of patients and lack of right
  time diagnosis are factors predicted to fuel the
  increase in the industry share of
  non-proliferative retinopathy.

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U.S. Diabetic Retinopathy Market size, by
management, 2012 - 2023 (USD Million)

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