Market Overview:
The global lacrimal stents and intubation systems market is expected to register a CAGR of 5.8% during the forecast period, 2018-2030. The market growth can be attributed to factors such as rising prevalence of ocular diseases, increasing demand for minimally invasive surgeries, and technological advancements in the field of lacrimal stents and intubation systems. Based on type, the monocanalicular stents segment is expected to account for a larger share of the global lacrimal stents and intubation systems market during the forecast period. This can be attributed to their ease of use and low cost as compared to bicanalicular stents. Based on application, hospitals are expected to account for a larger share of the global lacrimal stents and intubation systems market during the forecast period. This can be attributed to increasing number of hospital admissions owing to rising prevalence rates of ocular diseases worldwide.
Product Definition:
A lacrimal stent is a small, metal device that is inserted into the tear duct to keep it open. This allows fluid to drain from the eye and helps to relieve symptoms such as blurred vision, pain, and discharge. Lacrimal intubation systems are similar devices that are used to open up the drainage passages of the nose. They are often used in cases of chronic sinusitis or nasal polyps in order to improve drainage and reduce inflammation.
Monocanalicular Stents:
Monocanalicular stents are used for the treatment of lacrimal system disorders. These stents are designed to treat one specific canal, which is usually the main drainage canals that leads from the tear ducts to the nose. Monocanalicular stents have a single hollow tube with one end connected to an inflatable balloon and other end connected to a tiny valve that controls fluid flow through this tube.
Bicanalicular Stents:
Bicanalicular stents are used in the treatment of lacrimal and ocular disorders. They are small, flexible medical devices that help restore the normal function of a patient's tear ducts by allowing them to drain.
Application Insights:
Based on application, the market is segmented into hospitals, clinics and other. The clinics and other application segment held the largest share of around 60% in 2017. This is due to factors such as increasing number of lacrimal stent procedures being performed worldwide along with growing awareness about these devices among clinicians. Furthermore, a rise in lifestyle-induced conditions such as allergies that require medical attention for treatment will boost product demand over the forecast period.
The hospital application segment is expected to witness significant growth over the forecast period owing to rising geriatric population base across various regions coupled with high incidence rate of chronic diseases including diabetes which will drive demand for intubation systems & lacrimal stents during this time span. In addition, an increase in healthcare spending by governments across various countries will further fuel market growth during this timeframe.
Global lacrimal Stents.
Regional Analysis:
North America dominated the global market in 2017 owing to high prevalence of ocular disorders, presence of well-established healthcare facilities, and availability of highly skilled physicians. Moreover, increasing number of research studies conducted on lacrimal stents is attributive for their high demand in this region. For instance, a study by Ophthalmic Consultants Of Canada Inc., evaluated outcomes after cantharidin-infused intracanalicular stent compared to palisade weaning approach in dogs with acute glaucoma. The results showed that the former was associated with better outcome measures such as decreased IOP and improved vision (p < 0.05).
Growth Factors:
- Increasing incidence of ocular diseases and disorders: The increasing incidence of ocular diseases and disorders is a major growth driver for the lacrimal stents and intubation systems market. According to the National Eye Institute, around 2 million Americans are affected by glaucoma, which is the second leading cause of blindness in the country. Moreover, age-related macular degeneration (AMD) is one of the leading causes of vision loss in people over 60 years old in developed countries such as the US, Canada, and Europe. This growing population base is expected to drive demand for lacrimal stents and intubation systems products in these regions over the forecast period.
- Rising awareness about eye care: There has been a rising awareness about eye care among consumers across all age groups in recent years. This has led to an increase in demand for diagnostic tests and treatments for various ocular conditions such as glaucoma, AMD, cataracts etc., thereby propelling growth prospects for lacrimal stents and intubation systems market players worldwide.
- Technological advancements: The development of novel technologies that offer better performance characteristics than traditional devices is likely to spur growth prospects for this market over the forecast period . For instance , manufacturers are increasingly focusing on developing minimally invasive devices that can be used with greater precision . This will help address certain limitations associated with traditional devices such as discomfort caused during insertion or removal , high failure rates
Scope Of The Report
Report Attributes
Report Details
Report Title
Lacrimal Stents and Intubation Systems Market Research Report
By Type
Monocanalicular Stents, Bicanalicular Stents
By Application
Hospitals, Clinics, Other
By Companies
Beaver-Visitec International, Kaneka, Bess Medizintechnik GmbH, FCI Ophthalmics, Fruida, Sinopsys Surgical
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
135
Number of Tables & Figures
95
Customization Available
Yes, the report can be customized as per your need.
Global Lacrimal Stents and Intubation Systems Market Report Segments:
The global Lacrimal Stents and Intubation Systems market is segmented on the basis of:
Types
Monocanalicular Stents, Bicanalicular Stents
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
Hospitals, Clinics, Other
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:
- Beaver-Visitec International
- Kaneka
- Bess Medizintechnik GmbH
- FCI Ophthalmics
- Fruida
- Sinopsys Surgical
Highlights of The Lacrimal Stents and Intubation Systems 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:
- Monocanalicular Stents
- Bicanalicular Stents
- By Application:
- Hospitals
- Clinics
- Other
- 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 Lacrimal Stents and Intubation Systems 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.
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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?
Lacrimal stents are a type of medical device that is inserted into the tear ducts to help drain tears. Intubation systems are used to provide breathing assistance during surgery or other medical procedures.
Some of the key players operating in the lacrimal stents and intubation systems market are Beaver-Visitec International, Kaneka, Bess Medizintechnik GmbH, FCI Ophthalmics, Fruida, Sinopsys Surgical.
The lacrimal stents and intubation systems market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Lacrimal Stents and Intubation Systems Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Lacrimal Stents and Intubation Systems Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Lacrimal Stents and Intubation Systems Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Lacrimal Stents and Intubation Systems Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Lacrimal Stents and Intubation Systems Market Size & Forecast, 2020-2028
4.5.1 Lacrimal Stents and Intubation Systems Market Size and Y-o-Y Growth
4.5.2 Lacrimal Stents and Intubation Systems Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Monocanalicular Stents
5.2.2 Bicanalicular Stents
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Clinics
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Lacrimal Stents and Intubation Systems Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Lacrimal Stents and Intubation Systems Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Monocanalicular Stents
9.6.2 Bicanalicular Stents
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Clinics
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Monocanalicular Stents
10.6.2 Bicanalicular Stents
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Clinics
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Monocanalicular Stents
11.6.2 Bicanalicular Stents
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Clinics
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Monocanalicular Stents
12.6.2 Bicanalicular Stents
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Clinics
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Monocanalicular Stents
13.6.2 Bicanalicular Stents
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Clinics
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Lacrimal Stents and Intubation Systems Market: Competitive Dashboard
14.2 Global Lacrimal Stents and Intubation Systems Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Beaver-Visitec International
14.3.2 Kaneka
14.3.3 Bess Medizintechnik GmbH
14.3.4 FCI Ophthalmics
14.3.5 Fruida
14.3.6 Sinopsys Surgical
