Glaucoma Surgery Devices Market

SKU: DMMD246 | Last Updated On: Sep 25 2022 | Available Formats

> Glaucoma Surgery Devices Market Expected to reach a high CAGR of 24.60% By 2029: DataM Intelligence

Glaucoma Surgery Devices Market is segmented By Product Type (Punches, USC Marker, USC Planer, USC Shaver, Forceps, Others), By Surgery Type (Trabeculectomy, Tube Shunt Implantation, Cyclophotocoagulation, MIGS, Others), By End Users (Eye Hospitals, Diagnostic Centers, Others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2022-2029

 

[150 Pages Report] The Global Glaucoma Surgery Devices Market is expected to grow at a CAGR of 24.60% during the forecasting period (2022-2029).

Glaucoma Surgery Devices Market - Strategic Insights

Metrics

Details

Market CAGR

24.60%

Segments Covered

By Product Type, By Surgery Type, By End Users and By Region

Report Insights Covered

Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, and Other key insights.

Fastest Growing Region

Asia Pacific

Largest Market Share 

North America

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Market Dynamics

  • According to studies, use of Glaucoma Drainage Devices is likely to lower the quality of health in the patients. This is lowering the demand for this segment.

  • Increasing prevalence of Myopia, which is the major reason for the occurrence of Glaucoma, is increasing the scope for the growth of Glaucoma Surgery Devices.

  • New innovations like CyPass Micro-Stent by Alcon Surgical, XEN gel stent by Allergan etc., received the government approvals thereby speeding up the global demand for these products mainly due to the advanced features.

  • Growing demand for minimally invasive surgeries, increasing cases of Glaucoma, rapid growth in innovations in eye care and treatment devices etc., is driving the growth of global Glaucoma Surgery Devices market.

  • However, lack of professionals, growing awareness among the people to avoid the occurrence of Glaucoma is likely to hinder the growth of the global Glaucoma Surgery Devices market.

Market Segmentation

  • The Global Glaucoma Surgery Devices Market is segmented by Product Type, Surgery Type, and End User.

  • By Product Type, the market is segmented as Punches, USC Marker, USC Planer, USC Shaver, Forceps, Probes & Algerbrushes, Diamond Knives, Glaucoma Drainage Devices, and Others.

  • By Surgery type, the market is segmented as Trabeculectomy, Tube Shunt Implantation, Cyclophotocoagulation, Minimally Invasive Glaucoma Surgeries (MIGS), and Others. MIGS is leading this segment mainly due to globally increasing demand and hassle-free procedure.

  • By End Users, the market is segmented as Eye hospitals, Diagnostic Centres, and Others.

Geographical Analysis

  • The report segments the geographies by regions, which include North America, South America, Europe, Asia Pacific and RoW.

  • North America is leading the global Glaucoma Surgery Devices market, with the majority of contribution from the US. Growing geriatric population, increasing number of myopia cases, increasing awareness of eye diseases are fuelling the demand in this region.

  • Studies reveal that more than 50% of the young population in the US is affected by Myopia.

  • The Asia Pacific region is expected to grow at a higher CAGR compared to the other regions. Japan is contributing to the major demand in this region.

Key Companies

  • The report profiles the following companies, which include ASICO, Alcon, Inami & Co., Ltd., Katalyst Surgical, Katena Products, Inc, Lumenis, Millennium Surgical, Moria Surgical, Zabbys, and Allergan.

Trending Topics

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FAQ

What is the Glaucoma Surgery Devices Market growth?

The market is growing at a High CAGR

What is Glaucoma Surgery Devices Market size in 2021

The Glaucoma Surgery Devices Market size was valued at USD YY million in 2021

Who are the key players in Glaucoma Surgery Devices Market?

ASICO, Alcon, Inami & Co., Ltd., Katalyst Surgical, Katena Products, Inc, Lumenis, Millennium Surgical

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