Retinal Biologics Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Retinal Biologics Market Report is Segmented by Drug Class (VEGF-A Antagonist and More), Molecule Type (Monoclonal Antibodies and More), Indication (AMD and More), Route of Administration (Intravitreal Injection and More), Distribution Channel (Hospital Pharmacies and More), and Geography (North America, Europe, Asia-Pacific, and More). The Market Forecasts are Provided in Terms of Value (USD).

Retinal Biologics Market Size and Share

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Retinal Biologics Market Analysis by Mordor Intelligence

The retinal biologics market size stands at USD 23.78 billion in 2025 and will climb to USD 33.56 billion by 2030, advancing at a 7.13% CAGR, firmly positioning the retinal biologics market as a high-growth segment of global ophthalmology. Expansion is anchored in an aging population that raises age-related macular degeneration (AMD) prevalence, a surge in diabetes that magnifies diabetic retinopathy cases, and breakthrough approvals for gene therapies and long-acting platforms that promise durable efficacy with fewer injections. Biosimilar launches, notably five aflibercept versions cleared by the FDA in 2024, are re-shaping competitive economics even as one-time interventions such as revakinagene taroretcel-lwey (ENCELTO) begin to arrive in clinics. Investment momentum has accelerated, illustrated by Merck’s USD 3 billion EyeBio acquisition and Cencora’s USD 4.6 billion purchase of Retina Consultants of America, underscoring confidence in the retinal biologics market. Macro factors such as payer step-therapy rules that delay access to premium agents and manufacturing bottlenecks that restrict sterile fill-finish capacity temper the growth outlook but have not derailed the retinal biologics market trajectory.

Key Report Takeaways

  • By drug class: VEGF-A antagonists led with 58.79% of the retinal biologics market share in 2024, while gene therapies are projected to expand at a 13.78% CAGR through 2030. 
  • By molecule type: Monoclonal antibodies accounted for 46.38% share of the retinal biologics market size in 2024; gene vectors will grow fastest at 12.39% CAGR to 2030. 
  • By indication: AMD retained 52.64% share in 2024, yet diabetic retinopathy is forecast to post the highest CAGR at 9.26% during 2025-2030. 
  • By route of administration: Intravitreal injections dominated with 67.52% share of the retinal biologics market size in 2024, whereas suprachoroidal delivery will advance at 10.15% CAGR. 
  • By distribution channel: Hospital pharmacies held 52.76% share in 2024; specialty clinics will rise quickest at a 9.04% CAGR to 2030. 
  • By geography: North America captured 39.72% of the retinal biologics market size in 2024; Asia-Pacific will lead growth with an 8.42% CAGR over the forecast window.

Segment Analysis

By Drug Class: Gene Therapies Challenge VEGF Dominance

Gene therapies validated by ENCELTO’s 2025 approval[4]U.S. Food and Drug Administration, “FDA Roundup: March 7, 2025,” U.S. Food and Drug Administration, fda.gov herald a shift from chronic injection regimens, yet VEGF-A antagonists still commanded a 58.79% retinal biologics market share in 2024. That dominance springs from long-established safety profiles and insurance coverage pathways. However, gene therapies are projected to expand at a 13.78% CAGR, the fastest within the retinal biologics market, reflecting clinician enthusiasm for durable protein expression platforms. Bispecific VEGF/Ang-2 inhibitors such as faricimab offer a bridging technology that lengthens dosing intervals while leveraging proven VEGF biology.

Growth prospects are also buoyed by complement inhibitors like pegcetacoplan and avacincaptad pegol, which widen the mechanism spectrum beyond angiogenesis. TNF-α inhibitors stay niche, primarily treating uveitic entities where systemic inflammation drives pathology—an “Others” bucket houses tyrosine kinase inhibitors and cell-based constructs that could upend today’s hierarchy. Diversifying mechanisms and payer appetite for outcomes-based contracting reinforce the gene therapy growth curve inside the retinal biologics market.

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Note: Segment shares of all individual segments available upon report purchase

By Molecule Type: Gene Vectors Disrupt Antibody Hegemony

Monoclonal antibodies undergirded 46.38% of the 2024 retinal biologics market size and will continue to post solid volume through brand maturity and biosimilar entry. Yet gene vectors, primarily adeno-associated viruses, will register a 12.39% CAGR, aided by sustained intraocular expression of anti-VEGF proteins in ABBV-RGX-314 trials. Fusion proteins retain relevance owing to aflibercept’s clinical ubiquity, while antibody fragments provide potential cost and penetration advantages.

RNA-based candidates, led by ProQR’s editing platform, target single-mutation diseases and attract orphan-drug incentives. Manufacturing advances such as modular vector suites accelerate lot release and reduce cost per dose. Payers weigh curative promise against upfront cost, yet outcome-based deals are emerging that could normalise one-time prices. As vectors cross regulatory hurdles, gene therapies are positioned to erode antibody hegemony in the retinal biologics market.

By Indication: Diabetic Retinopathy Acceleration Outpaces AMD Growth

AMD secured 52.64% share of the retinal biologics market size in 2024, reflecting decades of development focus and established anti-VEGF coverage. Still, diabetic retinopathy posts a 9.26% CAGR through 2030, bolstered by rising global diabetes prevalence and better screening protocols. ABBV-RGX-314’s ALTITUDE data confirm durable efficacy in both non-proliferative and proliferative forms, signalling that gene therapies could displace repeat injections.

Uveitis remains smaller but benefits from targeted biologics such as filgotinib that cut inflammation flares by over 50% compared with steroids. Rare inherited disorders fall under “Other” and carry premium reimbursement, though patient numbers are limited. Shifting disease mix toward metabolic and genetic conditions emphasizes long-acting solutions and magnifies unmet need, especially in Asia-Pacific, thus expanding the broader retinal biologics market.

By Route of Administration: Suprachoroidal Innovation Challenges Intravitreal Standard

Intravitreal injection accounted for 67.52% of the retinal biologics market share in 2024, founded on proven efficacy, predictable pharmacokinetics, and clinic workflows. Suprachoroidal delivery, advancing at a 10.15% CAGR, deposits drug closer to affected tissues while sparing anterior structures, potentially reducing endophthalmitis risk. Implants such as Susvimo sustain ranibizumab release for up to six months and may supplant monthly injections for compliant candidates.

Topical and transscleral modalities still grapple with posterior segment bioavailability, yet nanoparticle formulations show encouraging permeability gains. Device-enabled routes face reimbursement negotiations that will shape uptake. Overall, clinician confidence coupled with patient convenience considerations will steer modal shifts within the retinal biologics market.

Retinal Biologics Market: Market Share by Route of Administration
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By Distribution Channel: Specialty Clinics Gain Share from Hospital Dominance

Hospital pharmacies retained 52.76% of the retinal biologics market share in 2024 due to bulk purchasing agreements and integrated care pathways. Specialty clinics, however, will post the quickest 9.04% CAGR as injection procedures migrate to high-throughput outpatient suites that improve scheduling and lower administrative overhead. This transition is mirrored by Cencora’s acquisition of Retina Consultants of America, signalling the strategic value of vertically integrated clinical networks.

Retail and online pharmacies continue to confront cold-chain and compounding constraints that limit biologic handling. Nonetheless, home-administered long-acting implants could eventually alter distribution dynamics. For now, specialist settings that combine research participation with routine care delivery are the linchpin of access across the retinal biologics market.

Geography Analysis

North America held 39.72% of the retinal biologics market size in 2024 and will grow at a 6.78% CAGR through 2030, buoyed by reimbursement frameworks that accept premium biologics despite intensifying step-therapy protocols. FDA designations hasten regional approvals, while domestic manufacturing expansions such as Ritedose’s blow-fill-seal project position the United States as a supply hub. Biosimilar entry compresses pricing power, yet innovation cycles remain anchored in the region.

Asia-Pacific will deliver the fastest 8.42% CAGR, driven by demographic aging, diabetes growth, and government investment in ophthalmology infrastructure. Constraints include uneven specialist distribution and sporadic quality lapses; FDA citations of Indian fill-finish plants for sterility failures illustrate lingering hurdles. Multinationals such as Alcon are committing capital to local research centres and physician training programmes to build sustainable demand.

Europe enjoys 7.06% CAGR, aided by advanced therapy regulations and proactive biosimilar policies. EMA approval of Lytenava, a purpose-formulated bevacizumab, addresses off-label use and may reset price anchors. EMA designations for OCU410 variants further cement Europe’s weight in gene therapy roll-out. Middle East & Africa and South America grow from smaller bases at 7.91% and 7.35% CAGRs respectively, offering longer-term upside to early entrants.

Retinal Biologics Market CAGR (%), Growth Rate by Region
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Competitive Landscape

Competitive dynamics in the retinal biologics market remain intense yet moderately consolidated. Regeneron, Novartis, and Roche still control much of the VEGF field, but biosimilars—five aflibercept versions approved in 2024—are narrowing margins. Merck’s USD 3 billion EyeBio purchase for Restoret and Cencora’s USD 4.6 billion bid for Retina Consultants of America highlight the premium assigned to late-stage pipelines and distribution scale. 

Technology strategies diverge. Incumbents pursue life-cycle extensions through high-dose or port delivery formats, while emerging firms target curative gene therapies or regenerate retinal tissue, as KAIST’s PROX1 programme illustrates. Patent activity around mucus-penetrating formulations underscores ongoing attempts to boost ocular bioavailability. White-space opportunities in rare paediatric dystrophies draw investors, helped by US rare-disease incentives such as priority review vouchers.

Digital health integration is climbing the agenda. RetinAI analytics platforms enhance endpoint sensitivity in trials and refine real-world dosing decisions, creating value-added partnerships with pharma. Overall, strategic differentiation now rests on delivering durable efficacy, easing clinic burden, and aligning price with outcomes—all vital themes for future share capture inside the retinal biologics market.

Retinal Biologics Industry Leaders

  1. AbbVie Inc.

  2. F. Hoffmann-La Roche Ltd

  3. Novartis AG

  4. Outlook Therapeutics Inc.

  5. Regeneron Pharmaceuticals Inc.

  6. *Disclaimer: Major Players sorted in no particular order
Retinal Biologics Market Concentration
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Recent Industry Developments

  • June 2025: Korea Advanced Institute of Science & Technology (KAIST) team reported six-month vision restoration in mice using PROX1-neutralising antibody CLZ001, paving the way for first-in-human trials by 2028.
  • May 2025: FDA granted rare paediatric disease designation to Ocugen’s OCU410ST gene therapy for Stargardt disease, enabling a potential priority review voucher upon approval.
  • April 2025: Biocon Biologics reached settlement agreement with Regeneron to commercialize aflibercept biosimilar Yesafili in the US by second half of 2026, resolving patent litigation and enabling market entry.
  • March 2025: FDA approved revakinagene taroretcel-lwey (ENCELTO) as the first therapy for Macular Telangiectasia type 2, with US launch slated for June 2025.

Table of Contents for Retinal Biologics Industry Report

1. Market's Name is Retinal Biologics Market

2. Introduction

  • 2.1 Study Assumptions & Market Definition
  • 2.2 Scope of the Study

3. Research Methodology

4. Executive Summary

5. Market Landscape

  • 5.1 Market Overview
  • 5.2 Market Drivers
    • 5.2.1 Rapid Rise in Retinal Disease Burden & Diabetic Population
    • 5.2.2 Accelerated R&D Output & FDA/EMA Approvals of Novel Biologics
    • 5.2.3 Ageing Demographics Driving AMD Cases
    • 5.2.4 Strong Clinical Adoption of Anti-VEGF Injections
    • 5.2.5 Long-Acting Delivery Platforms Unlocking New Patient Pools
    • 5.2.6 Payer-Led Biosimilar Uptake in Cost-Sensitive Regions
  • 5.3 Market Restraints
    • 5.3.1 Stringent Regulatory Hurdles & Cap-Ex Intensity
    • 5.3.2 Safety-Related Label Updates
    • 5.3.3 Sterile Fill-Finish Capacity Bottlenecks
    • 5.3.4 High Drop-Out Rates from Burdensome Injection Schedules
  • 5.4 Supply Chain Analysis
  • 5.5 Regulatory Landscape
  • 5.6 Technological Outlook
  • 5.7 Porter's Five Forces Analysis
    • 5.7.1 Threat of New Entrants
    • 5.7.2 Bargaining Power of Buyers
    • 5.7.3 Bargaining Power of Suppliers
    • 5.7.4 Threat of Substitutes
    • 5.7.5 Competitive Rivalry

6. Market Size & Growth Forecasts (Value)

  • 6.1 By Drug Class
    • 6.1.1 VEGF-A Antagonists
    • 6.1.2 Bispecific VEGF/Ang-2 Inhibitors
    • 6.1.3 Complement Inhibitors
    • 6.1.4 TNF-? Inhibitors
    • 6.1.5 Gene Therapies
    • 6.1.6 Others
  • 6.2 By Molecule Type
    • 6.2.1 Monoclonal Antibodies
    • 6.2.2 Fusion Proteins
    • 6.2.3 Antibody Fragments
    • 6.2.4 Gene Therapy Vectors
    • 6.2.5 RNA-based Biologics
  • 6.3 By Indication
    • 6.3.1 Age-Related Macular Degeneration (AMD)
    • 6.3.2 Diabetic Retinopathy
    • 6.3.3 Uveitis
    • 6.3.4 Other Retinal Disorders
  • 6.4 By Route of Administration
    • 6.4.1 Intravitreal Injection
    • 6.4.2 Suprachoroidal Injection
    • 6.4.3 Sustained-Release Implant
    • 6.4.4 Topical Delivery
    • 6.4.5 Other Routes
  • 6.5 By Distribution Channel
    • 6.5.1 Hospital Pharmacies
    • 6.5.2 Specialty Clinics
    • 6.5.3 Retail & Online Pharmacies
  • 6.6 By Geography
    • 6.6.1 North America
    • 6.6.1.1 United States
    • 6.6.1.2 Canada
    • 6.6.1.3 Mexico
    • 6.6.2 Europe
    • 6.6.2.1 Germany
    • 6.6.2.2 United Kingdom
    • 6.6.2.3 France
    • 6.6.2.4 Italy
    • 6.6.2.5 Spain
    • 6.6.2.6 Rest of Europe
    • 6.6.3 Asia-Pacific
    • 6.6.3.1 China
    • 6.6.3.2 Japan
    • 6.6.3.3 India
    • 6.6.3.4 Australia
    • 6.6.3.5 South Korea
    • 6.6.3.6 Rest of Asia-Pacific
    • 6.6.4 Middle East and Africa
    • 6.6.4.1 GCC
    • 6.6.4.2 South Africa
    • 6.6.4.3 Rest of Middle East and Africa
    • 6.6.5 South America
    • 6.6.5.1 Brazil
    • 6.6.5.2 Argentina
    • 6.6.5.3 Rest of South America

7. Competitive Landscape

  • 7.1 Market Concentration
  • 7.2 Competitive Benchmarking
  • 7.3 Market Share Analysis
  • 7.4 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products & Services, and Recent Developments)
    • 7.4.1 AbbVie Inc.
    • 7.4.2 AbCellera Biologics
    • 7.4.3 Adverum Biotechnologies Inc.
    • 7.4.4 Amgen Inc.
    • 7.4.5 Bausch Health Companies Inc.
    • 7.4.6 Bayer AG
    • 7.4.7 Bioeq AG
    • 7.4.8 Chengdu Kanghong Biotech
    • 7.4.9 F. Hoffmann-La Roche Ltd
    • 7.4.10 Genentech USA
    • 7.4.11 GenSight Biologics S.A.
    • 7.4.12 Astellas Pharma Inc.
    • 7.4.13 Kodiak Sciences Inc.
    • 7.4.14 Lumos Pharma, Inc.
    • 7.4.15 MeiraGTx Holdings PLC
    • 7.4.16 Novartis AG
    • 7.4.17 Outlook Therapeutics Inc.
    • 7.4.18 Oxurion NV
    • 7.4.19 Regeneron Pharmaceuticals Inc.
    • 7.4.20 Samsung Biologics
    • 7.4.21 SemaThera Inc.
    • 7.4.22 Viatris Inc.

8. Market Opportunities & Future Outlook

  • 8.1 White-space & Unmet-need Assessment
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Global Retinal Biologics Market Report Scope

As per the report's scope, biologics are generally produced from living organisms such as microorganisms or animal or plant cells. Retinal biologics refer to bioengineered molecules implanted inside the eyes to heal chronic retinal diseases. The Retinal Biologics Market is Segmented by Drug Class (VEGF-A Antagonist, TNF-a Inhibitor), Disease Indication (Macular Degeneration, Diabetic Retinopathy, Uveitis, Others), and Geography (North America, Europe, Asia-Pacific, Middle East & Africa, and South America). The report offers the value (in USD million) for the above segments. The market report also covers the estimated market sizes and trends for 17 countries across major regions globally. The report offers the value (USD million) for the above segments.

By Drug Class VEGF-A Antagonists
Bispecific VEGF/Ang-2 Inhibitors
Complement Inhibitors
TNF-? Inhibitors
Gene Therapies
Others
By Molecule Type Monoclonal Antibodies
Fusion Proteins
Antibody Fragments
Gene Therapy Vectors
RNA-based Biologics
By Indication Age-Related Macular Degeneration (AMD)
Diabetic Retinopathy
Uveitis
Other Retinal Disorders
By Route of Administration Intravitreal Injection
Suprachoroidal Injection
Sustained-Release Implant
Topical Delivery
Other Routes
By Distribution Channel Hospital Pharmacies
Specialty Clinics
Retail & Online Pharmacies
By Geography North America United States
Canada
Mexico
Europe Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle East and Africa GCC
South Africa
Rest of Middle East and Africa
South America Brazil
Argentina
Rest of South America
By Drug Class
VEGF-A Antagonists
Bispecific VEGF/Ang-2 Inhibitors
Complement Inhibitors
TNF-? Inhibitors
Gene Therapies
Others
By Molecule Type
Monoclonal Antibodies
Fusion Proteins
Antibody Fragments
Gene Therapy Vectors
RNA-based Biologics
By Indication
Age-Related Macular Degeneration (AMD)
Diabetic Retinopathy
Uveitis
Other Retinal Disorders
By Route of Administration
Intravitreal Injection
Suprachoroidal Injection
Sustained-Release Implant
Topical Delivery
Other Routes
By Distribution Channel
Hospital Pharmacies
Specialty Clinics
Retail & Online Pharmacies
By Geography
North America United States
Canada
Mexico
Europe Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle East and Africa GCC
South Africa
Rest of Middle East and Africa
South America Brazil
Argentina
Rest of South America
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Key Questions Answered in the Report

How are gene therapies changing long-term treatment expectations for retinal diseases?

Gene therapies offer the possibility of one-time dosing that sustains therapeutic protein expression, which could reduce the lifetime injection burden and reshape follow-up schedules for both clinicians and patients.

What impact do biosimilars have on the competitive landscape for anti-VEGF drugs?

Biosimilars introduce lower-cost alternatives that pressure brand-name pricing and encourage payers to revisit formulary placement, accelerating value-based contracting across ophthalmology.

Why are suprachoroidal injections gaining attention among retinal specialists?

Delivering drug into the suprachoroidal space can localize exposure to posterior tissues while minimizing anterior-segment complications, potentially improving safety profiles and dosing flexibility.

How do step-therapy requirements influence access to premium retinal biologics?

Many commercial plans mandate initial use of low-cost bevacizumab before covering branded agents, delaying uptake of newer biologics and affecting early visual outcomes for eligible patients.

What role do specialty clinics play in expanding access to retinal biologics?

Dedicated retinal centers streamline injection workflows, offer research participation opportunities, and provide consistent follow-up care, making them pivotal in delivering advanced therapies outside hospital settings.

Why is sterile fill-finish capacity considered a bottleneck in biologic supply chains?

Rapid Rise in Retinal Disease Burden & Diabetic Population Accelerated R&D Output & FDA/EMA Approvals of Novel Biologics Ageing Demographics Driving AMD Cases Strong Clinical Adoption of Anti-VEGF Injections Long-Acting Delivery Platforms Unlocking New Patient Pools Payer-Led Biosimilar Uptake in Cost-Sensitive Regions

Page last updated on: July 6, 2025

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