Dry Age-Related Macular Degeneration Market Analysis, Current Trends & Future Prospects


Dry Age-Related Macular Degeneration (AMD) is a chronic eye disease that leads to the deterioration of the macula, the central portion of the retina responsible for sharp and central vision. AMD is a leading cause of vision loss among individuals aged 50 and older. The dry form of AMD, which is more common than the wet form, progresses slowly and leads to gradual vision loss. The global market for dry AMD has been witnessing significant growth, driven by the increasing prevalence of the disease, advancements in diagnostic and treatment options, and a growing aging population. In 2023, the Dry Age-Related Macular Degeneration Market size was valued at USD 12.03 billion and is expected to reach USD 22.64 billion by 2031, growing at a compound annual growth rate (CAGR) of 8.22% over the forecast period 2024-2031.

Market Segmentation

By Stages

  • Early AMD
  • Intermediate AMD
  • Late AMD

By End User

  • Hospitals & Clinics
  • Diagnostic Centers
  • Academic Research Institutes
  • Others

By Age Group

  • Above 40 Years
  • Above 60 Years
  • Above 75 Years

By Diagnosis & Treatment

  • Treatment
  • Diagnosis

By Route of Administration

  • Oral
  • Injectables

By Region

The market is analyzed across major regions, including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

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Market Dynamics


  1. Increasing Prevalence of AMD: With the aging global population, the number of individuals affected by AMD is on the rise, driving the demand for diagnostic and treatment options.
  2. Advancements in Diagnostic Technology: Innovations in imaging technologies such as OCT have improved the early detection and monitoring of AMD, contributing to market growth.
  3. Growing Awareness and Screening Programs: Increased awareness about the importance of early detection and regular eye screenings has led to higher diagnosis rates.


  1. High Cost of Treatment: The cost of advanced diagnostic tools and treatment options can be prohibitive, limiting access for some patients.
  2. Limited Treatment Options: While research is ongoing, there are currently limited treatment options available specifically for dry AMD, compared to the wet form of the disease.


  1. Research and Development: Ongoing research into the underlying mechanisms of AMD is expected to lead to the development of new and more effective treatments.
  2. Telemedicine and Remote Monitoring: The adoption of telemedicine and remote monitoring technologies can improve access to care and support for AMD patients, particularly in remote or underserved areas.

Competitive Landscape

The dry AMD market is characterized by the presence of several key players, including pharmaceutical companies, diagnostic equipment manufacturers, and research institutions. Companies are focusing on strategic collaborations, mergers and acquisitions, and the development of innovative products to strengthen their market position. Notable players in the market include:

  • Novartis AG: Engaged in the development of therapies for various stages of AMD.
  • F. Hoffmann-La Roche AG: Known for its diagnostic tools and research in ophthalmology.
  • Bayer AG: Offers a range of treatments for retinal diseases, including AMD.
  • Regeneron Pharmaceuticals, Inc.: Involved in the development of innovative therapies for eye diseases.
  • Apellis Pharmaceuticals, Inc.: Focused on developing targeted therapies for AMD and other retinal diseases.

Regional Analysis

North America

North America holds the largest share of the dry AMD market, driven by a well-established healthcare infrastructure, high awareness levels, and significant investments in research and development. The United States, in particular, is a major contributor to market growth due to its large aging population and robust healthcare system.


Europe is the second-largest market for dry AMD, with countries like Germany, the UK, and France leading the way. The region benefits from a high prevalence of AMD, strong healthcare systems, and ongoing research initiatives.

Asia Pacific

The Asia Pacific region is expected to witness the highest growth rate during the forecast period, fueled by an increasing aging population, rising healthcare expenditure, and growing awareness about AMD. Countries such as China, Japan, and India are key markets within the region.

Latin America

Latin America presents significant growth opportunities due to improving healthcare infrastructure and increasing investments in healthcare. However, the market is still in its nascent stages compared to North America and Europe.

Middle East & Africa

The market in the Middle East & Africa is expected to grow steadily, driven by increasing healthcare awareness and improvements in healthcare access. However, economic challenges and limited healthcare infrastructure in certain areas may hinder market growth.


The global market for dry Age-Related Macular Degeneration is poised for significant growth over the next decade. Driven by an increasing prevalence of the disease, advancements in diagnostic and treatment technologies, and a growing aging population, the market offers substantial opportunities for innovation and development. Stakeholders, including pharmaceutical companies, diagnostic tool manufacturers, and research institutions, are expected to play a crucial role in shaping the future of this market. As research continues and new treatments emerge, the outlook for individuals affected by dry AMD is likely to improve, offering hope for better management and potentially curative solutions in the years to come.

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