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Glaucoma Surgery Devices Market worth $1,423.27 million by 2030, growing at a CAGR of 7.07% - Exclusive Report by 360iResearch
Glaucoma Surgery Devices Market | 360iResearch
The Global Glaucoma Surgery Devices Market to grow from USD 882.18 million in 2023 to USD 1,423.27 million by 2030, at a CAGR of 7.07%.
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Glaucoma surgery devices are specialized instruments and implants used in operations intended to lower intraocular pressure (IOP) in the eyes of patients suffering from glaucoma, which is an ocular condition that can lead to irreversible vision loss. These devices include laser systems, minimally invasive glaucoma surgical (MIGS) devices, and traditional surgical instruments used in trabeculectomy and other filtration surgeries. The advancement in device technology aims to provide safer, more efficacious, and less invasive treatment options compared to conventional glaucoma treatments. The primary drivers propelling the adoption of glaucoma surgery devices include the rising prevalence of glaucoma globally, the aging population more susceptible to the disease, advancements in medical technology, and growing awareness of the condition and its treatment options. Improved diagnostic imaging, innovative surgical instruments, and enhanced medical protocols have amplified the efficiency of glaucoma surgeries. However, restraints such as high costs of surgery, limited access to specialized ophthalmic care in under-resourced regions, and risks associated with postoperative complications persist. The challenges encompass achieving widespread insurance coverage for cutting-edge devices and addressing the need for skilled surgeons proficient in advanced glaucomatous interventions. Opportunities include the development of cost-effective and user-friendly glaucoma surgery devices, which can significantly reduce the economic and skill barriers present in low to middle-income countries. Research and development geared toward non-invasive glaucoma treatments and the ongoing expansion of global healthcare infrastructures present significant opportunities for future expansion.
Market Segmentation & Coverage:
This research report categorizes the Glaucoma Surgery Devices Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Product, market is studied across Algerbrush, Diamond Knives, Forceps, Glaucoma Drainage Device, Laser System, Probes, Punches, USC Marker, USC Planner, and USC Shaver. The Glaucoma Drainage Device is further studied across Implants, Shunts, Stents, and Valve. The Laser System is projected to witness significant market share during forecast period.
Based on Surgery Method, market is studied across Laser Surgery, Minimal Invasive Glaucoma Surgery, and Traditional Glaucoma Surgery. The Laser Surgery is further studied across Cyclophotocoagulation, Iridotomy, and Trabeculoplasty. The Minimal Invasive Glaucoma Surgery is further studied across Subconjunctival Space Implants, Suprachoroidal Space Implants, and Trabecular Meshwork Bypass. The Traditional Glaucoma Surgery is further studied across Trabeculectomy and Tube Shunt Surgery. The Laser Surgery is projected to witness significant market share during forecast period.
Based on End-User, market is studied across Hospitals and Ophthalmic clinics. The Ophthalmic clinics is projected to witness significant market share during forecast period.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Asia-Pacific is projected to witness significant market share during forecast period.
FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Glaucoma Surgery Devices Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Glaucoma Surgery Devices Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Glaucoma Surgery Devices Market, highlighting leading vendors and their innovative profiles. These include Abbott Laboratories, AbbVie Inc., Alcon, Inc., ASICO, LLC, Carl Zeiss AG, Eurazeo SE, Glaukos Corporation, Iridex Corporation, Johnson & Johnson Services, Inc., Lumenis Ltd., New World Medical, Incorporated, Nova Eye Medical Ltd, and Ziemer Ophthalmic Systems AG.
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Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Glaucoma Surgery Devices Market, by Product
7. Glaucoma Surgery Devices Market, by Surgery Method
8. Glaucoma Surgery Devices Market, by End-User
9. Americas Glaucoma Surgery Devices Market
10. Asia-Pacific Glaucoma Surgery Devices Market
11. Europe, Middle East & Africa Glaucoma Surgery Devices Market
12. Competitive Landscape
13. Competitive Portfolio
14. Appendix
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Glaucoma Surgery Devices Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Glaucoma Surgery Devices Market?
3. What is the competitive strategic window for opportunities in the Glaucoma Surgery Devices Market?
4. What are the technology trends and regulatory frameworks in the Glaucoma Surgery Devices Market?
5. What is the market share of the leading vendors in the Glaucoma Surgery Devices Market?
6. What modes and strategic moves are considered suitable for entering the Glaucoma Surgery Devices Market?
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About 360iResearch
360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.
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Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.
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