Market Overview:
The global glaucoma surgery device market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing prevalence of glaucoma, technological advancements in glaucoma surgery devices, and rising demand for minimally invasive surgeries. Based on type, the global glaucoma surgery device market is segmented into drainage devices, implants and stents, laser devices, systems, and others. The implant and stent segment is expected to grow at the highest CAGR during the forecast period owing to its advantages such as less postoperative complications as compared to other surgical procedures for treating glaucoma.
Product Definition:
A glaucoma surgery device is a medical tool used to treat glaucoma, a condition that results in increased pressure within the eye. Glaucoma surgery devices include lasers, probes, and other surgical tools used to create an opening in the eye's drainage canals in order to allow excess fluid to drain from the eyeball. This reduces intraocular pressure and helps protect vision.
Glaucoma Drainage:
Glaucoma drainage is a surgical procedure that removes excess fluid from the eye. It is done to lower the pressure in the eye, which reduces pain and increases vision clarity. The surgery has been around for quite some time but its modern usage can be attributed to Dr. Charles Brown who first described it as an effective treatment for glaucoma in 1876.
Implants & Stents:
An implant is a surgical device that is used to replace the missing or damaged nerve in the body. It can be used for various ocular surgeries such as glaucoma, cataract, and refractive error correction. Implants & stents are being widely used in glaucoma surgery owing to its advantages over traditional methods of surgery such as needle penetration and extraction of sutures which results in less post-operative pain and faster recovery.
Application Insights:
Glaucoma surgery devices are used in the treatment of glaucoma either alone or in combination with other therapies. The most commonly used devices include aqueous humor drainage systems, implants and stents, glaucoma laser devices, and others. A combined approach is preferred for the treatment of glaucoma as it reduces the risk of complications associated with this condition to a greater extent. Hence, hospitals accounted for more than 70% share of global revenue in 2017 owing to availability of advanced healthcare facilities at affordable costs which makes them suitable for people living anywhere across the globe.
Regional Analysis:
North America held the largest share in 2017. The region is expected to maintain its dominance during the forecast period owing to increasing prevalence of glaucoma and rising awareness about treatment options. In addition, presence of key players such as Bausch & Lomb, Inc.; Cylance Inc.; and Alcon in this region is also contributing towards market growth. Moreover, introduction of advanced products for surgeries such as automated surgery machines by Intuitive Surgical; da Vinci Surgical System; and Medtronic's Reflite Optima are boosting the growth in this region.
Growth Factors:
- Increasing prevalence of glaucoma: Glaucoma is a leading cause of blindness, and the number of people affected by the disease is increasing every year. This will create demand for glaucoma surgery devices and boost the market growth.
- Technological advancements: The development of new and innovative surgical devices is helping to improve the accuracy and efficacy of glaucoma surgery procedures. This will spur market growth in the coming years.
- Growing awareness about glaucoma: There is growing awareness among people about the symptoms and risk factors associated with glaucoma, which is driving them to seek treatment options early on. This will create demand for surgical devices used for treating this condition, boosting market growth prospects in future years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Glaucoma Surgery Device Market Research Report
By Type
Glaucoma Drainage, Implants & Stents, Glaucoma Laser Devices, Glaucoma Systems, Others
By Application
Private Eye Clinics, Hospitals
By Companies
Abbott Laboratories, Alcon, Carl Zeiss Meditec AG, Nidek Co, Lumenis Ltd, Ellex Medical Lasers Ltd, Iridex Corporation
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Glaucoma Surgery Device Market Report Segments:
The global Glaucoma Surgery Device market is segmented on the basis of:
Types
Glaucoma Drainage, Implants & Stents, Glaucoma Laser Devices, Glaucoma Systems, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Private Eye Clinics, Hospitals
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Abbott Laboratories
- Alcon
- Carl Zeiss Meditec AG
- Nidek Co
- Lumenis Ltd
- Ellex Medical Lasers Ltd
- Iridex Corporation
Highlights of The Glaucoma Surgery Device Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Glaucoma Drainage
- Implants & Stents
- Glaucoma Laser Devices
- Glaucoma Systems
- Others
- By Application:
- Private Eye Clinics
- Hospitals
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Glaucoma Surgery Device Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A glaucoma surgery device is a medical device that is used to open the eye and remove pressure from the optic nerve.
Some of the major companies in the glaucoma surgery device market are Abbott Laboratories, Alcon, Carl Zeiss Meditec AG, Nidek Co, Lumenis Ltd, Ellex Medical Lasers Ltd, Iridex Corporation.
The glaucoma surgery device market is expected to grow at a compound annual growth rate of 7.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Glaucoma Surgery Device Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Glaucoma Surgery Device Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Glaucoma Surgery Device Market - Supply Chain
4.5. Global Glaucoma Surgery Device Market Forecast
4.5.1. Glaucoma Surgery Device Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Glaucoma Surgery Device Market Size (000 Units) and Y-o-Y Growth
4.5.3. Glaucoma Surgery Device Market Absolute $ Opportunity
5. Global Glaucoma Surgery Device Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Glaucoma Surgery Device Market Size and Volume Forecast by Type
5.3.1. Glaucoma Drainage
5.3.2. Implants & Stents
5.3.3. Glaucoma Laser Devices
5.3.4. Glaucoma Systems
5.3.5. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Glaucoma Surgery Device Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Glaucoma Surgery Device Market Size and Volume Forecast by Application
6.3.1. Private Eye Clinics
6.3.2. Hospitals
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Glaucoma Surgery Device Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Glaucoma Surgery Device Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Glaucoma Surgery Device Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Glaucoma Surgery Device Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Glaucoma Surgery Device Demand Share Forecast, 2019-2026
9. North America Glaucoma Surgery Device Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Glaucoma Surgery Device Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Glaucoma Surgery Device Market Size and Volume Forecast by Application
9.4.1. Private Eye Clinics
9.4.2. Hospitals
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Glaucoma Surgery Device Market Size and Volume Forecast by Type
9.7.1. Glaucoma Drainage
9.7.2. Implants & Stents
9.7.3. Glaucoma Laser Devices
9.7.4. Glaucoma Systems
9.7.5. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Glaucoma Surgery Device Demand Share Forecast, 2019-2026
10. Latin America Glaucoma Surgery Device Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Glaucoma Surgery Device Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Glaucoma Surgery Device Market Size and Volume Forecast by Application
10.4.1. Private Eye Clinics
10.4.2. Hospitals
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Glaucoma Surgery Device Market Size and Volume Forecast by Type
10.7.1. Glaucoma Drainage
10.7.2. Implants & Stents
10.7.3. Glaucoma Laser Devices
10.7.4. Glaucoma Systems
10.7.5. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Glaucoma Surgery Device Demand Share Forecast, 2019-2026
11. Europe Glaucoma Surgery Device Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Glaucoma Surgery Device Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Glaucoma Surgery Device Market Size and Volume Forecast by Application
11.4.1. Private Eye Clinics
11.4.2. Hospitals
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Glaucoma Surgery Device Market Size and Volume Forecast by Type
11.7.1. Glaucoma Drainage
11.7.2. Implants & Stents
11.7.3. Glaucoma Laser Devices
11.7.4. Glaucoma Systems
11.7.5. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Glaucoma Surgery Device Demand Share, 2019-2026
12. Asia Pacific Glaucoma Surgery Device Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Glaucoma Surgery Device Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Glaucoma Surgery Device Market Size and Volume Forecast by Application
12.4.1. Private Eye Clinics
12.4.2. Hospitals
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Glaucoma Surgery Device Market Size and Volume Forecast by Type
12.7.1. Glaucoma Drainage
12.7.2. Implants & Stents
12.7.3. Glaucoma Laser Devices
12.7.4. Glaucoma Systems
12.7.5. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Glaucoma Surgery Device Demand Share, 2019-2026
13. Middle East & Africa Glaucoma Surgery Device Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Glaucoma Surgery Device Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Glaucoma Surgery Device Market Size and Volume Forecast by Application
13.4.1. Private Eye Clinics
13.4.2. Hospitals
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Glaucoma Surgery Device Market Size and Volume Forecast by Type
13.7.1. Glaucoma Drainage
13.7.2. Implants & Stents
13.7.3. Glaucoma Laser Devices
13.7.4. Glaucoma Systems
13.7.5. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Glaucoma Surgery Device Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Glaucoma Surgery Device Market: Market Share Analysis
14.2. Glaucoma Surgery Device Distributors and Customers
14.3. Glaucoma Surgery Device Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Abbott Laboratories
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Alcon
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Carl Zeiss Meditec AG
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Nidek Co
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Lumenis Ltd
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Ellex Medical Lasers Ltd
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Iridex Corporation
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook