Lenegres Disease Market SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024 - 2031)

Lenegres Disease Market is By Product Type (Herbs, Spices, Essential Oils, Others (Plant Extracts, Medicinal Plants)), By Application (Food and Bevera....

Lenegres Disease Market Size

Market Size in USD

CAGR6.8%

Study Period2024 - 2031
Base Year of Estimation2023
CAGR6.8%
Market ConcentrationHigh
Major PlayersGlaxoSmithKline (GSK), F. Hoffmann-La Roche AG, Pfizer Limited, Sanofi SA, Eli Lilly & Company
*Disclaimer: Major players are listed in no particular order.
*Source: Coherent Market Insights
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Lenegres Disease Market Analysis

The Global Lenegres Disease Market is estimated to be valued at USD 792.3 Mn in 2024 and is expected to reach USD 1,255.1 Mn by 2031, growing at a compound annual growth rate (CAGR) of 6.8% from 2024 to 2031. Lenegres disease is a rare genetic eye disorder that causes fluid build-up under the retina. The increasing prevalence of genetic eye disorders globally primarily drives the growth of this market.

The global Lenegres disease market is expected to witness steady growth over the forecast period. The market is anticipated to grow due to the rising genetic testing and increasing healthcare expenditure. In addition, the development of novel drug formulations and gene therapies for the treatment of Lenegres disease is expected to provide lucrative opportunities for market players. However, the shortage of treatment options and low diagnosis rates in developing nations are some of the factors expected to hinder the market growth.