Glaucoma Surgery Devices Market Value to Hit $2,143 Million by 2023
Request Sample Report @ https://www.alliedmarketresearch.com/request-sample/2950
Glaucoma is caused by the damage to the optic nerve, and if not treated accurately can eventually lead to loss of vision. It is commonly prevalent in the geriatric population, and the most commonly occurring type of glaucoma is the open-angle glaucoma. In addition to the conventional approaches such as laser surgeries, development of novel drainage devices and stents has propelled the market growth.
Increase in incidence of glaucoma and growth in geriatric population drives the market growth. In addition, the rise in focus of manufacturers on developing micro-invasive glaucoma drainage implants supplements the market growth. However, dearth of skilled professionals and risk of post-operative complications associated with glaucoma surgeries hamper this growth. Moreover, surge in investment by manufacturers in the emerging economies, and rise in initiatives to reduce the burden of glaucoma globally offer profitable opportunities for market expansion.
The glaucoma drainage devices segment is expected to witness a growth rate of 29.6% from 2017 to 2023, and is anticipated to grow significantly owing to rapid development of advanced drainage devices. The high growth is attributed to increase in preference of drainage devices such as Ahmed valves or aqueous shunts over conventional glaucoma surgeries. The conventional glaucoma surgeries accounted for three-fifths share in 2016, and is set to continue its dominance throughout the forecast period. The conventional glaucoma surgeries are associated with fewer complications, making them the first choice of the surgeons for the treatment of certain types of glaucoma.
Among end user, eye hospitals generated the highest revenue in 2016, accounting for four-ninths of the total market share and is set to continue its dominance throughout the forecast period. Moreover, outpatient surgical centers segment is expected to witness a high growth rate of 29.5%, attributable to the increase in number of glaucoma laser surgeries being carried out in outpatient surgical facilities and large-scale utilization of glaucoma drainage devices such as tube shunts in these facilities.
Send Enquiry on this report @ https://www.alliedmarketresearch.com/purchase-enquiry/2950
Key Findings of the Glaucoma Surgery Devices Market:
• The glaucoma laser devices segment holds the second position in the global glaucoma surgery devices market, accounting for one-fourth share in 2016.
• The ophthalmology clinics segment has registered significant growth rate among end users and is expected to register a CAGR of 29.4% from 2017 to 2023.
• North America dominated the market, accounting for maximum share of in 2016 and is expected to witness a CAGR of 28.9%.
• India is the fastest growing country in the Asia-Pacific glaucoma surgery devices market, growing at a CAGR of 30.4%.
• The minimally invasive glaucoma surgeries segment has registered highest CAGR of 30.1%.
Asia-Pacific witnessed highest growth rate for glaucoma surgery devices market, and is expected to continue this trend throughout the forecast period. This region serves to be an emerging market with a high population density and increase in geriatric population. In addition, rise in incidence of congenital glaucoma in India and China boosts the market growth.
The key players operating in the glaucoma surgery devices market have adopted product launch as one of their key developmental strategy, among many others such as business expansion, product development, and business acquisition. The major companies profiled in the report include Alcon, Inc. (Novartis AG), Glaukos Corporation, New World Medical, Inc., Ellex Medical Lasers Ltd., Abbott Medical Optics (Abbott Laboratories), Johnson & Johnson, Bausch & Lomb, Inc. (Valeant Pharmaceuticals International, Inc.), Topcon Corporation, Lumenis Ltd., and Allergan Plc.
Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.
Allied Market Research provides one stop solution from the beginning of data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients to understand the significance and impact of market dynamics. The company amplies client’s insight on the factors, such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligent support to aid the clients to turn into prominent business firm.
5933 NE Win Sivers Drive
#205, Portland, OR 97220
Toll Free (USA/Canada):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Glaucoma Surgery Devices Market Value to Hit $2,143 Million by 2023 here
News-ID: 1472084 • Views: 208
More Releases from Allied Market Research
Increasing Need for Automation in Process Industries Drives the Control Valve Ma …
Control Valve Market Outlook - 2022 The global control valves market expected to reach $13,674 Million by 2022 at a CAGR of 7.6% from 2016 to 2022. Pneumatic control valves market occupied a dominant share of about 80% in 2015 and is expected to maintain its lead throughout the forecast period. By application, electric powered control valve segment accounted for about 22% of the market share in 2015. North America
Thermal Energy Storage Market Expected to Reach $8,862 Million By 2023 at a CAGR …
Thermal Energy Storage Market Outlook – 2023 The Global Thermal Energy Storage Market was valued at $3,988 Million in 2016, and is estimated to reach $8,862 Million by 2023, registering a CAGR of 10.9% from 2017 to 2023. In 2016, the sensible heat storage segment accounted for more than half share of the total market. Thermal energy storage, also known as heat storage, is a highly efficient and simple method of
Overview Membrane Technology for Food and Beverage Processing Market Size, Share …
Membranes are natural or manufactured substances used for separation. They commonly serve the purpose of filter pads. Membranes, which are semi-permeable in nature (allow only selective compounds/substances to flow pass them) are easy to manufacture. These are gaining popularity in the process industry where purity of products is highly desired. Membranes are available in every shape and size and are required in numerous devices right from the water filter at
Cooking Appliances Market is Predicted to Grow High CAGR from 2019 to 2026
The cooking appliance include products such as microwaves, ovens, cook tops, and range hoods. Modern cooking appliance are used to provide ease to chefs. Also, with rapid depletion of natural resources such as LPG, and other petroleum products, there is an urgent need to use efficient and eco-friendly cooking appliances in kitchen. Key players are developing advance cooking appliances in order to increase their market share, and on the same
More Releases for Glaucoma
Glaucoma – Epidemiology Insights (2016-2028)
Glaucoma can be described as a group of diseases characterized by cupping of the optic nerve head and visual-field damage. These diseases differ from each other in terms of their causes, risk factors, demographics, symptoms, duration, treatment, and prognosis. Download the sample report @ https://www.pharmaproff.com/request-sample/1159 The common identifiable features for all forms of glaucoma are loss of retinal ganglion cells, thinning of the retinal nerve fiber layer, and cupping of the
Glaucoma Treatment Pharmaceutical and Healthcare Analysis Information
Report Description This report analyzes the Asia-pacific glaucoma treatment market by disease indication (closed angle glaucoma (CAG), open angle glaucoma (OAG), secondary glaucoma, congenital glaucoma and other), drug class (prostaglandin analogs (PGAS), alpha agonist, beta blockers, cholinergic drugs, carbonic anhydrase inhibitors, and others), surgery (laser iridotomy, laser trabeculoplasty, aqueous shunt surgery and peripheral iridectomy) and by end users (hospitals and home users); it also studies the top manufacturers in the
Market Overview of Glaucoma pipeline Landscape
Summary Glaucoma is a disease of the eye in which fluid pressure within the eye rises. The exact cause of optic nerve damage from glaucoma is not fully understood, but involves mechanical compression and/or decreased blood flow of the optic nerve. The most important risk factors include age, elevated eye pressure, African ancestry, thin cornea, family history of glaucoma. Signs and symptoms include eye pain, nausea and vomiting (accompanying the severe
Market Spotlight: Glaucoma
Boston, MA ReportsWorldwide has announced the addition of a new report title Market Spotlight: Glaucoma to its growing collection of premium market research reports. Glaucoma is not just one eye disease, but a group of eye conditions resulting in optic nerve damage, which may cause loss of vision and blindness. In glaucoma, damage to the optic nerve is usually caused by elevated intraocular pressure (IOP). IOP rises when passages that allow fluid
Glaucoma Surgery Devices Market 2016: Glaucoma Systems, Glaucoma Laser Devices
Latest industry research report on Glaucoma surgery devices are used in the glaucoma treating procedure. These procedures include both surgical and laser therapies performed on a patient. The cases of blindness due to glaucoma is on rise across the several countries. Furthermore, the demand for both technologically as well as advanced surgical equipment has resulted in the popularity of glaucoma surgery devices industry, worldwide. Sudden increase in the aging population and
Can yoga worsen glaucoma?
Patients with glaucoma are encouraged to exercise and lead healthy and active lifestyle, but should avoid activities that increase the eye pressure and damage the optic nerve. Push-ups and heavy weight lifting are not advisable, so is certain yoga postures in which the head is facing downward. Previous studies have investigated only headstand position which showed a remarkable two-fold increase in eye pressure. However, a new research carried out at