Choroidal Neovascularization (CNV) is rapidly occurring in the population with defects in the innermost layer of the choroid called Bruch's membrane. It is associated with generation of new blood vessels in the choroidal layer of eye. These blood vessels abruptly break into the retina and cause disruption and sight loss/vision loss. The major signs and symptoms of this disorder are loss of vision, Metamorphopsia, paracentral or central scotoma and apparent change in image size. This disease mostly occurs in aged group of population and people with severe myopia.
There are several methods for the diagnosis of Choroidal Neovascularization (CNV) including Fluorescein Angiography (FA), Indocyanine Green (ICG) angiography , and spectral domain Optical Coherence Tomography (OCT). Fluorescein Angiography (FA) is most commonly used diagnosis methods. Nowadays, spectral domain OCT has largely replaced FA owing to its advantages and highly precise diagnosis. In view of the fact that CNV often initiate from posterior pole lesions and hence is hard to detect. A very accurate and precise diagnosis is obligatory to get rid of CNV. The report covers detailed analysis of all types of diagnosis methods of CNV along with the various treatments. The major treatments of CNV are angiogenesis inhibitors injection, photodynamic therapy, laser photocoagulation, low dose radiation therapy and surgery. The angiogenesis inhibitor injection is the conventional method to control the growth of blood vessels by reducing the area of fluid below the retinal pigment epithelium.
The report includes the major market dynamic factors such as drivers, restraints, challenges and opportunities and their impact on the industry in next 5 years. The high rate of increase in CNV affected patients due to increasing aged population is the major factor driving the growth of this market. Governments and heath care departments across the world are taking initiatives towards spreading awareness about the disease and providing diagnosis and treatments at affordable prices. This is also helping in driving the growth of CNV detection and treatment market. However, high lack of awareness among people majorly in the African and Asian regions about different types of eye diseases and high cost associated with its treatment are the major factors inhibiting the growth of this market. Moreover, unavailability of good healthcare infrastructure, better facilities and high grade care of patients are still some of the major challenges in this market.
The report identifies and analyzes the key industry factors affecting the revenue generation in the CNV treatment market. The report tracks the entire value chain of the market along with the suppliers and distributor analysis. Moreover, the industry attractiveness section in the offers the significance of the competitive rivalry in the market affected by the forces such as power of supplier, power of buyer, threat of new entrant and threat of substitution. The report provides precise and comprehensive insights on the market trends, industry trends and macro & micro factors impacting the market growth.
Major geographies of North America, Europe, Asia-Pacific and Latin America are tracked and analyzed in the report. Due to the large number of aged population in North America, the region is estimated to be highly affected by this disease. Asia-Pacific region is expected to grow with high rate in next 5 years majorly in the countries of China, and India.
The report also offers extensive research on the key players in this market and detailed insights on the competitiveness of these players.
Sample Companies Profiled in this Report are:
- Bayer AG
- Chengdu Kanghong Biotech Co. Ltd
- Resolvyx Pharmaceuticals Inc
- F. Hoffmann-La Roche Ltd
- Valeant Pharmaceuticals International Inc.