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Advances in genetic testing and molecular diagnostics enable healthcare providers to tailor treatment strategies to the specific genetic mutations underlying aniridia caused by a faulty gene (PAX6) in individual patients. This personalized approach enhances treatment efficacy and patient outcomes, driving demand for targeted therapies and contributing to the expansion of the aniridia treatment market.
Thus, growing constant support from government along with increasing awareness pertaining to rare disease especially in developed countries will spur the market growth.
Key players operating in the aniridia treatment market are AbbVie Inc., Bausch & Lomb Incorporated, F. Hoffmann-La Roche Ltd, HumanOptics AG, Johnson & Johnson Vision, MORCHER GmbH, Novartis AG, Ophtec, Pfizer Inc., and REPER-NN LTD are among others.
North America aniridia treatment industry will grow at a significant CAGR up to 2032, driven by advanced healthcare infrastructure, a high prevalence of genetic disorders, and significant investments in research and development.
The congenital aniridia segment recorded 88.5% of the market share in 2023, attributed to higher prevalence compared to acquired forms.
Aniridia treatment industry size registered USD 2.6 billion in 2023 and will demonstrate a 5.1% CAGR from 2024 to 2032, owing to rising prevalence of aniridia, advancements in genetic testing, increasing healthcare expenditure, and favorable regulatory initiatives.