Market Overview:
The global glaucoma surgical devices 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 factors such as the increasing prevalence of glaucoma, technological advancements in glaucoma surgical devices, and rising demand for minimally invasive surgeries. Based on type, the global glaucoma surgical devices market is segmented into drainage devices, laser devices, implants & stents. Drainage devices are further sub-segmented into trabeculectomy surgery products and non-trabeculectomy surgery products. Laserdevices are further sub-segmented into argon laser therapy products and selective laser trabeculoplasty (SLT) products. Implants & stents are further sub-segmentedinto Ahmed valve implants and Baerveldt implantstents).This can be attributedto their high adoption rates due to their proven efficacy in controlling intraocular pressure (IOP) levels in patients withglaucoma .
Product Definition:
Glucoma surgical devices are used to treat glaucoma, a condition that results in damage to the optic nerve and can lead to blindness. The devices include laser therapy, drainage implants, and other treatments. They are important because they can help prevent blindness in people with glaucoma.
Glaucoma Drainage Devices:
Glaucoma drainage devices are used to drain excess fluid from the eye. It is a surgical device that is inserted into the trabecu lar meshwork and helps in removing glaucoma-caused fluid. The normal pressure inside the eye (intraocular pressure)is higher than external environment (IOP).
Glaucoma Laser Devices:
Glaucoma is a chronic, progressive, and irreversible condition of the eye that may result in permanent blindness. The primary symptom of glaucoma is increased pressure inside the eye which damages the nerve that sends visual signals to the brain. This damage can be due to excess intraocular pressure (IOP), or a blockage in one or both of the two drainage systems namely trabecular meshwork and ocular veins.
Application Insights:
Based on application, the global glaucoma surgical devices market is segmented into eye hospitals, ophthalmology clinics, and outpatient surgical centers. The eye hospital segment dominated the overall market in terms of revenue in 2017. This can be attributed to a high prevalence of glaucoma coupled with a rising number of patients undergoing surgery for glaucoma treatment at hospitals or healthcare facilities. For instance, as per data published by Ophthalmic Services Report (OSS Report), an American Society for Ophthalmology (OSA) journal in 2016, out of 2 million visual impairment cases diagnosed every year globally; around 90% are caused by low vision due to blindness due to Glaucoma. Thus it can be presumed that there will be increasing demand for these devices at hospital settings over the forecast period.
The ophthalmology clinic segment is expected to grow significantly over the forecast period owing to factors such as increasing awareness about early diagnosis.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to increasing awareness about glaucoma, rising number of surgical procedures for treating it, and availability of highly skilled physicians in this region. In addition, high adoption rate of advanced technologies and presence of well-established healthcare facilities are some other factors contributing to the growth of this regional market.
Asia Pacific is expected to witness lucrative growth over the forecast period owing to an increase in ophthalmic disease burden due to aging population and lifestyle changes (i.e., urbanization). Moreover, huge untapped opportunities along with rapid economic development present throughout Asia Pacific countries are some key factors driving regional market growth during the forecast period from 2018 to 2030 (i.e., China & India). These two countries together account for a large share within Asia Pacific region; hence they contribute significantly towards its overall revenue generation as well as future expansion prospects within Asia Pacific region itself as well as across different regions worldwide (i.
Growth Factors:
- Increasing prevalence of glaucoma: The global prevalence of glaucoma is expected to increase from 9.2 million in 2010 to 11.8 million by 2020, at an estimated CAGR of 3%. This will create a larger pool of patients who will require surgical intervention for the treatment of the disease, thereby driving demand for glaucoma surgical devices.
- Technological advancements: The development and commercialization of novel and advanced glaucoma surgical devices is expected to drive market growth over the forecast period. These devices are characterized by superior performance and offer better patient outcomes as compared to traditional procedures, thus increasing their adoption rates worldwide.
- Growing awareness about glaucoma: There is a growing awareness among people about the symptoms and risk factors associated with Glaucoma, which is likely to result in an increased number of patients seeking medical attention for early diagnosis and treatment thereof. This will create opportunities for players operating in the Glucoma Surgical Devices market .
Scope Of The Report
Report Attributes
Report Details
Report Title
Glucoma Surgical Devices Market Research Report
By Type
Glaucoma Drainage Devices, Glaucoma Laser Devices, Implants & Stents
By Application
Eye Hospitals, Ophthalmology Clinics, Outpatient Surgical Centers
By Companies
Abbott Laboratories, AqueSys, Carl Zeiss Meditec, Ellex Medical Lasers Limited, Endo Optiks, Glaukos, InnFocus, Iridex Corporation, Lumenis, Neomedix
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
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Glucoma Surgical Devices Market Report Segments:
The global Glucoma Surgical Devices market is segmented on the basis of:
Types
Glaucoma Drainage Devices, Glaucoma Laser Devices, Implants & 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
Eye Hospitals, Ophthalmology Clinics, Outpatient Surgical Centers
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
- AqueSys
- Carl Zeiss Meditec
- Ellex Medical Lasers Limited
- Endo Optiks
- Glaukos
- InnFocus
- Iridex Corporation
- Lumenis
- Neomedix
Highlights of The Glucoma Surgical Devices 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 Devices
- Glaucoma Laser Devices
- Implants & Stents
- By Application:
- Eye Hospitals
- Ophthalmology Clinics
- Outpatient Surgical Centers
- 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 Glucoma Surgical Devices 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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- Correctly Positioning New Products
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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?
Glucoma surgical devices are medical devices used to treat glaucoma. These devices help open the eye so that more fluid can flow out of the eye and lower pressure in the eye.
Some of the major players in the glucoma surgical devices market are Abbott Laboratories, AqueSys, Carl Zeiss Meditec, Ellex Medical Lasers Limited, Endo Optiks, Glaukos, InnFocus, Iridex Corporation, Lumenis, Neomedix.
The glucoma surgical devices market is expected to register a CAGR of 7.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Glucoma Surgical Devices 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. Glucoma Surgical Devices Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Glucoma Surgical Devices Market - Supply Chain
4.5. Global Glucoma Surgical Devices Market Forecast
4.5.1. Glucoma Surgical Devices Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Glucoma Surgical Devices Market Size (000 Units) and Y-o-Y Growth
4.5.3. Glucoma Surgical Devices Market Absolute $ Opportunity
5. Global Glucoma Surgical Devices 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. Glucoma Surgical Devices Market Size and Volume Forecast by Type
5.3.1. Glaucoma Drainage Devices
5.3.2. Glaucoma Laser Devices
5.3.3. Implants & Stents
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Glucoma Surgical Devices 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. Glucoma Surgical Devices Market Size and Volume Forecast by Application
6.3.1. Eye Hospitals
6.3.2. Ophthalmology Clinics
6.3.3. Outpatient Surgical Centers
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Glucoma Surgical Devices 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. Glucoma Surgical Devices 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 Glucoma Surgical Devices 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. Glucoma Surgical Devices 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 Glucoma Surgical Devices Demand Share Forecast, 2019-2026
9. North America Glucoma Surgical Devices 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 Glucoma Surgical Devices 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 Glucoma Surgical Devices Market Size and Volume Forecast by Application
9.4.1. Eye Hospitals
9.4.2. Ophthalmology Clinics
9.4.3. Outpatient Surgical Centers
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Glucoma Surgical Devices Market Size and Volume Forecast by Type
9.7.1. Glaucoma Drainage Devices
9.7.2. Glaucoma Laser Devices
9.7.3. Implants & Stents
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 Glucoma Surgical Devices Demand Share Forecast, 2019-2026
10. Latin America Glucoma Surgical Devices 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 Glucoma Surgical Devices 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 Glucoma Surgical Devices Market Size and Volume Forecast by Application
10.4.1. Eye Hospitals
10.4.2. Ophthalmology Clinics
10.4.3. Outpatient Surgical Centers
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Glucoma Surgical Devices Market Size and Volume Forecast by Type
10.7.1. Glaucoma Drainage Devices
10.7.2. Glaucoma Laser Devices
10.7.3. Implants & Stents
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 Glucoma Surgical Devices Demand Share Forecast, 2019-2026
11. Europe Glucoma Surgical Devices 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 Glucoma Surgical Devices 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 Glucoma Surgical Devices Market Size and Volume Forecast by Application
11.4.1. Eye Hospitals
11.4.2. Ophthalmology Clinics
11.4.3. Outpatient Surgical Centers
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Glucoma Surgical Devices Market Size and Volume Forecast by Type
11.7.1. Glaucoma Drainage Devices
11.7.2. Glaucoma Laser Devices
11.7.3. Implants & Stents
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 Glucoma Surgical Devices Demand Share, 2019-2026
12. Asia Pacific Glucoma Surgical Devices 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 Glucoma Surgical Devices 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 Glucoma Surgical Devices Market Size and Volume Forecast by Application
12.4.1. Eye Hospitals
12.4.2. Ophthalmology Clinics
12.4.3. Outpatient Surgical Centers
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Glucoma Surgical Devices Market Size and Volume Forecast by Type
12.7.1. Glaucoma Drainage Devices
12.7.2. Glaucoma Laser Devices
12.7.3. Implants & Stents
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 Glucoma Surgical Devices Demand Share, 2019-2026
13. Middle East & Africa Glucoma Surgical Devices 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 Glucoma Surgical Devices 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 Glucoma Surgical Devices Market Size and Volume Forecast by Application
13.4.1. Eye Hospitals
13.4.2. Ophthalmology Clinics
13.4.3. Outpatient Surgical Centers
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Glucoma Surgical Devices Market Size and Volume Forecast by Type
13.7.1. Glaucoma Drainage Devices
13.7.2. Glaucoma Laser Devices
13.7.3. Implants & Stents
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 Glucoma Surgical Devices Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Glucoma Surgical Devices Market: Market Share Analysis
14.2. Glucoma Surgical Devices Distributors and Customers
14.3. Glucoma Surgical Devices 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. AqueSys
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
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Ellex Medical Lasers Limited
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Endo Optiks
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Glaukos
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. InnFocus
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Iridex Corporation
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Lumenis
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Neomedix
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
