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World J Stem Cells. Oct 26, 2026; 18(10): 125852
Published online Oct 26, 2026. doi: 10.4252/wjsc.125852
Table 1 Bioactive factors of the stem cell secretome and relevance to retinal homeostasis and disease modulation
Secretome component
Representative cargo or mediators
Main retinal targets
Potential biological role in retinal disease
Translational relevance
Ref.
Soluble growth and trophic factorsVEGF, HGF, IGF-1, FGF-2, BDNF, NGF, TGF-β, and related neurotrophic mediatorsPhotoreceptors, retinal ganglion cells, RPE, Müller cells, and vascular cellsSupport neuronal survival, tissue repair, stress resistance, and retinal microenvironmental homeostasisMay contribute to neuroprotective and disease-modifying effects without direct cell replacement[19,20]
Cytokines and chemokinesAnti-inflammatory and immunomodulatory cytokines; regulators of TNF-α, IL-1β, NF-κB, and related pathwaysMicroglia, Müller cells, astrocytes, and infiltrating immune cellsModulate neuroinflammation, reduce glial activation, and limit secondary inflammatory injuryRelevant to retinal degeneration, diabetic retinopathy, uveitis-related inflammation, and ischemic retinal injury[12,21]
EVs and exosome-enriched fractionsEVs carrying proteins, lipids, metabolites, messenger RNA, microRNAs, long non-coding RNAs, and other regulatory moleculesRPE, photoreceptors, retinal ganglion cells, microglia, and endothelial cellsTransfer complex molecular cargo and regulate multiple pathways simultaneouslyRepresent a central platform for acellular regenerative therapy and engineered retinal delivery[9-11]
Regulatory RNAsMicroRNAs, long non-coding RNAs, and other regulatory non-coding RNAsMicroglia, photoreceptors, RPE, and endothelial cellsRegulate inflammation, apoptosis, oxidative stress, angiogenesis, and cell-survival pathwaysCandidate therapeutic cargoes for disease-specific or engineered EV products[15-17]
Proteins and enzymesAntioxidant, anti-apoptotic, extracellular matrix-related, and signaling proteins; pathway regulators such as NEDD4RPE, retinal neurons, glial cells, and vascular cellsInfluence oxidative stress, apoptosis, autophagy, necroptosis, extracellular matrix remodeling, and cellular signalingMay serve as potency markers or mechanistic mediators of therapeutic activity[14,28]
Lipids and metabolitesBioactive lipids, metabolic intermediates, and membrane-associated moleculesRetinal neurons, RPE, vascular cells, and immune cellsSupport membrane signaling, metabolic regulation, intercellular communication, and adaptation to cellular stressMay influence EV biodistribution, cellular uptake, and biological activity[9,10]
Engineered or preconditioned secretome productsHypoxia-primed EVs, cargo-loaded EVs, surface-modified vesicles, and peptide-targeted EVsDisease-specific retinal cell populationsEnhance cellular targeting, modify cargo composition, and increase therapeutic potencyPromising, but requiring standardization, biodistribution studies, potency testing, and long-term safety validation[22,23,27]
Table 2 Studies of cell-free secretome and extracellular vesicle therapies for retinal and optic nerve disorders
Ref.
Indication/model and evidence level
Product/source
Preparation and characterization
Route and dose (source-reported metric)
Comparator
Sample size and follow-up
Main endpoints and findings
Major limitations/design reporting
Sun et al[14]Diabetic retinopathy; high-fat diet/STZ Sprague-Dawley rats and high-glucose RPE cells. Level 2; direct acellular evidenceHuman umbilical-cord MSC-derived sEVs; NEDD4 identified as bioactive cargoConditioned medium; differential centrifugation followed by ultracentrifugation and 0.22-μm filtration. TEM, NTA and western blot; CD9, CD63, HSP70, Alix and TSG101 positive; Calnexin negative; mean diameter 171.3 ± 71.7 nmIntravitreal; single dose of 1 × 106 particles in 3 μL at 12 weeks after STZ (particle-number dose)PBS; HFL1-derived sEVs; normal controlEndpoint-dependent: Retinal thickness n = 6/group; biochemical/qPCR analyses n = 3/group. Animals evaluated 20 weeks after STZ, approximately 8 weeks after treatmentRetinal morphology/thickness, apoptosis, oxidative stress, NEDD4/PTEN/AKT/NRF2 signaling. MSC-sEVs reduced oxidative injury and apoptosisRodent metabolic model; single administration; relatively small and endpoint-dependent sample sizes; random allocation reported; blinding not clearly reported
Zhang et al[15]Retinitis pigmentosa; rd10 mice, with complementary 661W/BV2 experiments. Level 2; direct acellular evidenceHuman umbilical-cord MSC-derived EVs; miR-146a implicated in Nr4a3 regulationEVs enriched by differential ultracentrifugation. CD63/CD81 characterization and particle-size analysis; 30-200-nm fraction predominatedIntravitreal; 1 × 1010 EVs in 1 μL/eye at P14 and P21 (particle-number dose)Normal saline; WT miceOutcome-specific group sizes; optomotor analysis included approximately n = 5-7/group. Functional/morphological assessment at P27-P28Optomotor response, ERG, photoreceptor survival, retinal morphology, microglial/Müller-cell/macrophage activation, NF-κB and miR-146a/Nr4a3 signaling. EVs preserved photoreceptors and retinal functionGenetic mouse model; short developmental follow-up; endpoint-dependent sample sizes; no long-term assessment; blinding/randomization not consistently reported
Bian et al[24]Inherited retinal degeneration; Royal College of Surgeons rats. Level 2; direct acellular evidenceMouse neural progenitor cell-derived exosome preparationDifferential centrifugation plus sucrose-gradient density centrifugation. HSP70, CD63, CD9 and CD81 positive; TEM; NTA; approximately 50-180 nm, mean ~98 nmSubretinal; 1 μL/eye containing approximately 1.09 × 109 vesicles (particle-number dose)Vehicle and untreated controlsAt least 3 biological samples/experiment; assessments through 28 daysOKR, scotopic ERG, outer nuclear layer preservation, photoreceptor apoptosis and microglial uptake/activation. Functional and structural preservation reportedSmall experimental samples; rodent inherited-degeneration model; invasive subretinal delivery; follow-up ≤ 28 days; randomization/blinding incompletely described
Cui et al[25]Optic-nerve crush in rats. Level 2; direct acellular evidenceRat bone-marrow MSC-derived exosomesExosomes isolated from MSC-conditioned medium; TEM and western blot characterization; approximately 93-nm peak size; CD63/TSG101 positive and GM130 negativeIntravitreal; 3 × 109 vesicles in 5 μL, single administrationPBS/vehicleNR for consolidated total sample size; approximately 30-day follow-upRGC survival, retinal histology, apoptosis, inflammatory cytokines, Bcl-2/Bax/caspase-3 and PI3K/AKT signaling. Increased RGC survival and reduced inflammatory/apoptotic signalingAcute traumatic optic-nerve model; sample size not consistently reported across endpoints; single administration; limited follow-up; randomization/blinding not clearly reported
Zhang et al[26]Oxygen-induced retinopathy and laser-induced choroidal neovascularization in mice. Level 2; direct engineered-acellular evidenceHuman MSC-derived exosomes engineered with miR-205Differential ultracentrifugation; TEM, NTA and western blot; predominantly 100-150 nm; CD63, HSP70 and TSG101 positive. miR-205 loaded by electroporationIntravitreal; administered at P12 in the OIR model and immediately after laser injury in the CNV model; injected particle-number/volume dose NRPBS, unloaded exosomes and free miR-205Principal in vivo analyses n = 5/group. OIR endpoint P17; CNV endpoint 7 daysRetinal/choroidal neovascularization, Evans-blue leakage, OCT, FFA and VEGFA/ANGPT2 signaling. Exo-miR-205 reduced pathological angiogenesis and leakageAcute neovascularization models; small groups; very short follow-up; injected vesicle dose not clearly reported; authors noted lack of in vivo confirmation of uptake by retinal endothelial cells
Usategui-Martín et al[28]Spontaneous degeneration of ex vivo porcine neuroretinal explants. Level 1; direct acellular secretome evidenceHuman bone-marrow MSC secretome/conditioned co-culture medium; not a purified EV preparationBMSCs characterized phenotypically; secretome consisted of medium obtained from NR-BMSC co-culture; no fractionation into soluble and EV componentsEx-vivo medium exposure; 0.75 mL conditioned medium plus 0.75 mL culture medium (conditioned-medium volume; not an isolated EV dose)Fresh NR; monocultured NR; NR co-cultured with viable BMSCs8 porcine eyes; 32 explants; n = 8 per experimental condition; 72 hoursRetinal morphology, RGC/photoreceptor markers, TUNEL, apoptosis, necroptosis, autophagy, oxidative-stress and inflammatory gene expression. Secretome attenuated several degeneration-associated changesEx vivo rather than in vivo model; short 72-hour exposure; secretome was not fractionated or compositionally standardized; cannot attribute effects specifically to EVs or soluble factors; selected analyses performed by a masked investigator
Zhang et al[29]STZ-induced diabetic retinopathy in C57BL/6 mice and high-glucose microglial experiments. Level 2; direct acellular evidenceMouse bone-marrow MSC-derived exosomes; let-7b-5p manipulated using agomir/antagomir strategiesBMSC-derived exosome preparation with vesicle morphology assessment; let-7b-5p cargo experimentally manipulated and quantifiedIntravitreal; 1 μL of an exosome preparation reported at 5 μg/μL every 3 days for 6 weeks (protein-concentration metric)Unmodified BMSC-Exo and let-7b-5p-modified exosome groups; control/PBS conditions24 mice reported; 6 normal controls and 18 diabetic mice; n = 6 in diabetic treatment groups; 6-week interventionRetinal histology/apoptosis, microglial activation, inflammatory cytokines and TLR4/ATF4 signaling. let-7b-5p-enriched exosomes reduced inflammatory and retinal injury markersSingle STZ mouse model; frequent repeated intravitreal injections; predominantly histological/molecular endpoints; no long-term post-treatment follow-up. Random allocation and blinded operators/assessors were reported
Chen et al[35]Diabetic retinopathy; high-fat diet/STZ Sprague-Dawley rats plus cellular experiments. Level 2; direct acellular evidenceHuman umbilical-cord MSC-derived sEVs carrying miR-22-3pTEM and NTA; peak size approximately 159 nm and concentration ~2.9 × 1011 particles/mL; CD63, CD81 and TSG101 positive; Calnexin negativeIntravitreal; single dose of 1.5 × 109 sEVs in 5 μL after 12 weeks of diabetes (particle-number dose)PBS-treated diabetic rats and normal controlsConsolidated animal NR; animals sacrificed 4 weeks after injectionRetinal morphology, blood-retinal-barrier leakage, microglial activation, inflammatory cytokines and NLRP3 inflammasome signaling. sEV-miR-22-3p attenuated inflammatory injury and barrier dysfunctionRodent DR model; single administration; 4-week follow-up; no clinical functional endpoint; random allocation reported, blinding not clearly stated
Sun et al[37]Diabetic retinal neurodegeneration in db/db mice, with additional STZ/genetic mechanistic experiments. Level 2; direct engineered-acellular evidenceMSC-derived EVs engineered for photoreceptor targeting with MH42 and enriched with USP25EVs isolated and characterized by TEM, particle analysis and EV-marker profiling; engineered by cargo enrichment and surface targetingIntravitreal; 1 μL containing 106, 107, or 108 particles; 107 particles were selected for repeated administration every 4 weeks (particle-number dose)Unmodified MEVs, MEV-USP25, targeted and scrambled-control preparations, and disease controlsAnimal sample size varied by endpoint; several quantified experiments used n = 3/group. Treatment followed to approximately 24 weeksERG, retinal morphology, ONL/photoreceptor survival, TUNEL, opsin expression and USP25/CRYAA-related ubiquitination. Targeted USP25 delivery improved structural and functional retinal outcomesComplex engineered product; mouse models only; multiple comparator constructs and endpoint-specific sample sizes; repeated injections; no clinical validation. Data collection/analysis reported as blinded
Guo et al[38]MNU-induced retinal degeneration and Pde6βrd1/rd1 mice. Level 2; direct engineered-acellular evidencePhotoreceptor-derived EVs (non-stem-cell source) engineered with MH42 targeting peptide and Cul7 siRNAUltracentrifugation; TEM/NTA and EV-marker analysis; CD9, CD63, Alix and TSG101 positive; Calnexin negative. siCul7 loaded by electroporationIntravitreal; 1 μL at 1 × 107 particles/μL (particle-number concentration)Targeted control-siRNA EVs and non-targeted siCul7-EVsSample size reported separately for each experiment/figure; no overall number of mice provided; 2-week follow-upPhotoreceptor targeting, retinal structure/function, Cul7/GPX4 signaling and ferroptosis. Targeted siCul7 delivery reduced photoreceptor degenerationNon-stem-cell EV source and therefore supportive mainly as an engineered-delivery proof of concept; two mouse models; short 2-week follow-up; endpoint-dependent sample sizes
Tang et al[39]Dry-AMD-related oxidative injury; ARPE-19 cells and NaIO3-induced retinal degeneration in rats. Level 1-2; direct acellular evidenceAdipose-derived MSC exosomesMSC exosome preparation characterized in the original study; detailed characterization parameters should be interpreted according to the authors’ reported “exosome” terminologyIntravitreal in the in vivo model; exact administered dose NROxidant/NaIO3 controls; mechanistic Nrf2 inhibition with ML385Consolidated animal sample size and exact follow-up NRLDH, ROS, SOD, RPE/photoreceptor morphology, Bcl-2/Bax and Nrf2/Keap1/HO-1 signaling. Exosome pretreatment reduced oxidative retinal damageOxidative/toxin model rather than spontaneous human AMD; pre-administration design; exact dose, consolidated sample size, and follow-up NR; no human evidence
Zhang et al[41]Large and long-standing idiopathic macular holes; uncontrolled human case series. Level 3; exploratory human evidence, with a direct acellular MSC-Exo subgroupHuman umbilical-cord MSC-derived exosome preparation; 5/7 patients received MSC-Exos and 2/7 received viable MSCsMSC-Exos isolated from cultured MSC supernatants using sequential ultracentrifugationIntravitreal administration following pars plana vitrectomy and internal limiting membrane peeling, with intraocular tamponade; exact MSC-Exo dose NRNo untreated concurrent control; viable-MSC recipients did not constitute a randomized comparatorSeven patients overall; five MSC-Exo recipients and two viable-MSC recipients; exact follow-up NRSix of seven macular holes closed and BCVA improved in five patients overall. One patient receiving a higher MSC-Exo dose developed an inflammatory reaction. Aggregate outcomes cannot be attributed exclusively to the MSC-Exo subgroupVery small, uncontrolled, mixed-intervention case series; concomitant PPV, ILM peeling, and tamponade; two patients received viable MSCs; aggregate outcomes prevent attribution of independent efficacy to MSC-Exos; no randomized confirmatory study
Table 3 Conceptual advantages and current limitations of secretome- and extracellular vesicle-based therapies compared with conventional cell-based approaches
Domain
Potential benefits of secretome- and EV-based therapy
Current limitations
Practical implication
Ref.
Therapeutic conceptAcellular approach based on paracrine signaling rather than direct cell replacementDoes not replace lost photoreceptors, RPE, or retinal architectureMore realistic as a disease-modifying or adjunctive strategy than as a complete regenerative cure[3,7,12]
Safety profileAvoids administration of viable proliferative cellsLong-term ocular safety, immunogenicity, toxicity, and off-target effects remain insufficiently definedMay reduce some risks associated with cell transplantation, but still requires rigorous preclinical and clinical safety testing[3,41]
Immunological riskPotentially lower risk of immune rejection compared with living donor cellsEV cargo may still trigger inflammatory or immune responses depending on its source and biological contextSource, purity, and inflammatory profile must be carefully characterized[8,41]
Tumorigenic and differentiation riskAvoids uncontrolled proliferation, ectopic differentiation, and tumor formation associated with viable cell graftsBioactive cargo may still have unintended effects on proliferation, angiogenesis, or fibrosisFunctional potency assays are required in addition to particle counting and marker analysis[3,4,11]
Biological activityCan deliver proteins, lipids, metabolites, mRNA, microRNAs, and other regulatory moleculesCargo composition is heterogeneous and highly dependent on donor-cell source, culture conditions, and isolation methodsBatch-to-batch reproducibility is a central translational requirement[9,10,12]
Mechanistic breadthMay simultaneously modulate inflammation, oxidative stress, apoptosis, angiogenesis, glial activation, and neuronal survivalMultifactorial effects make it difficult to identify the active components and dominant mechanismsMechanism-specific validation is required for each disease model[7,12,17]
Manufacturing and storagePotentially easier to isolate, store, standardize, and administer than living-cell productsScalable production, purification, storage stability, and quality control have not yet been standardizedGMP-compatible workflows and validated release criteria are required[11,49,51]
Engineering potentialEVs can be loaded or modified with selected RNAs, proteins, peptides, or surface ligandsEngineering may alter biodistribution, potency, safety, and regulatory classificationEngineered products require separate validation from native secretome or EV preparations[23,27,48]
Retinal deliverySmall vesicular carriers may protect their cargo and facilitate intraocular deliveryRetinal penetration, cell-specific uptake, optimal route, dose, and clearance remain unresolvedIntravitreal, subretinal, suprachoroidal, and biomaterial-assisted delivery approaches should be compared systematically[42,43,45]
Clinical evidenceStrong mechanistic rationale and encouraging preclinical findings across several retinal disease modelsHuman evidence remains limited and heterogeneous and does not demonstrate durable visual restorationClinical translation should proceed cautiously using disease-specific structural and functional endpoints[13,41]
Disease-stage suitabilityMay be useful when viable retinal cells remain responsive to trophic, anti-inflammatory, or vascular-stabilizing signalsBenefits are likely to be limited in advanced disease with extensive photoreceptor or RPE lossThese therapies may be better positioned for early or intermediate disease or for combination treatment[1,3,4]
Combination potentialMay complement gene therapy, anti-VEGF therapy, neuroprotective drugs, biomaterials, or cell-replacement strategiesOptimal combinations, timing, sequencing, and patient selection remain unknownFuture studies should define whether each product is primarily neuroprotective, immunomodulatory, vascular-stabilizing, or delivery-enhancing[3,23,46]
Table 4 Comparison of the present review with recent relevant reviews
Ref.
Scope
Primary emphasis
Main distinction from the present review
Manai et al[2]EVs in degenerative retinal diseasesRetinal EV biology, pathophysiology, biomarkers, and therapeutic potentialThe present review additionally separates soluble secretome, native EV, exosome-enriched, and engineered-EV product classes and links study-level heterogeneity to translational maturity
Yang and Peng[12]Human stem-cell-derived EVs in retinal repair and regenerationMolecular mechanisms and regenerative potentialThe present review additionally emphasizes product taxonomy, direct vs indirect evidence, study-level methodological comparison, and translational readiness
Tseng et al[13]Cell-free EV therapy across ocular diseasesBroad ocular applications, cellular sources, preclinical evidence, and clinical translationThe present review provides a retina/optic-nerve-focused synthesis with detailed study-level evidence mapping and an explicit evidence-maturity framework
Guan et al[27]Engineered exosome therapies for ocular vascular diseaseEV engineering, targeting, and ocular neovascular diseaseThe present review includes non-engineered secretome/EV products and both neurodegenerative and vascular retinal disorders in addition to engineered platforms
Present reviewStem-cell secretome- and EV-based therapies in retinal and optic-nerve disordersProduct classes, disease-specific evidence, delivery, manufacturing, quality control, and translationIntegrates evidence directness, product-class distinctions, study-level heterogeneity, evidence maturity, and disease-by-product mapping within a single retinal-focused framework
Table 5 Review-specific evidence-maturity framework
Level
Evidence category
Interpretation in this review
Principal limitations
Level 1In-vitro, ex-vivo, or organoid mechanistic evidenceBiological plausibility and mechanistic proof-of-conceptDoes not establish in-vivo exposure, biodistribution, safety, or therapeutic efficacy
Level 2In-vivo animal efficacy evidencePreclinical proof-of-concept in an intact biological systemSpecies/model differences, heterogeneous products and doses, and limited prediction of human efficacy
Level 3Early uncontrolled human feasibility or safety evidencePreliminary human feasibility, safety, or efficacy signalSmall samples, lack of concurrent controls, confounding/co-interventions, and inability to establish efficacy
Level 4Controlled human clinical efficacy evidenceComparative clinical evidence capable of testing efficacyRequires adequate power, standardized products, appropriate controls, clinically meaningful endpoints, and external validity
Table 6 Disease-by-product-class evidence map for retinal secretome- and extracellular vesicle-based applications
Disease/application
Direct acellular evidence
Supportive/indirect evidence
Highest maturity
Interpretation
Diabetic retinopathyNative MSC-derived sEVs[14,35,36]; engineered MSC-derived EVs[37]Viable-MSC evidence[30]Level 2Among the broadest preclinical application areas; no controlled human retinal evidence
Inherited retinal degeneration/retinitis pigmentosaMSC-derived EVs[15]; neural progenitor cell-derived EV preparations[24]Paracrine/miRNA evidence[16]; non-stem-cell photoreceptor EV engineering[38]Level 2Multiple animal studies, with substantial product-, model-, and dose-level heterogeneity
Optic-nerve injuryMSC-derived EV/exosome preparation[25]Viable-cell neuroprotective evidence[32]Level 2Preclinical evidence only
Dry AMD/oxidative RPE injuryMSC-derived exosome preparation[39]iPSC-RPE complement evidence[40] provides disease context rather than EV therapeutic evidenceLevel 1-2Preclinical evidence primarily from experimental oxidative/toxic injury models
Neovascular retinal diseaseEngineered MSC-derived exosome/EV approaches[26,33]Level 2Preclinical anti-angiogenic proof-of-concept, particularly for engineered products
Large/refractory macular holeMSC-derived exosome subgroup in an uncontrolled surgical case series[41]Concomitant PPV, ILM peeling, tamponade, and viable-MSC casesLevel 3Only direct human retinal signal in the reviewed corpus; independent EV efficacy cannot be established
Other retinal/optic-nerve applicationsSparse or heterogeneous direct evidenceViable-cell, non-stem-cell EV, or disease-context studiesLevel 1-2 or insufficientLeast mature areas; disease-specific validation remains necessary


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