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Canaloplasty Market worth $845.15 million by 2030, growing at a CAGR of 7.26% - Exclusive Report by 360iResearch
Canaloplasty Market | 360iResearch
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Canaloplasty, a minimally invasive surgery targeting open-angle glaucoma, involves dilating and tensioning the Schlemm's canal to facilitate the outflow of aqueous humor, reducing intraocular pressure. This procedure is essential for the rising number of patients, particularly in aging populations, who do not respond well to traditional glaucoma treatments. Its applications include not only treating open-angle glaucoma but also offering alternatives for patients unsuitable for trabeculectomy, potentially reducing the reliance on continuous medication. Canaloplasty's end-use settings encompass hospitals, ophthalmology clinics, ambulatory surgical centers, and research institutes. The market growth is influenced by factors such as an aging population, technological advancements, a preference for minimally invasive surgeries, and the increasing prevalence of glaucoma. Opportunities arise from emerging markets, technological integration, partnerships for innovation, and developments in personalized medicine. Recommendations for market growth include investing in research and development (R&D), geographic expansion into underpenetrated regions with high glaucoma incidence, forming strategic alliances, and enhancing healthcare provider education. However, challenges such as high costs, the necessity for highly skilled ophthalmologists, competition from alternative glaucoma treatments, and patient awareness about canaloplasty benefits impede market growth. Key areas of innovation and research involve robotic surgery for precision, artificial intelligence (AI) and machine learning for optimizing surgical techniques, development of new biomaterials for microcatheters, and genetic research for targeted therapeutic interventions. The market for canaloplasty is driven by medical technology advancements and growing awareness among healthcare providers, and sustainable growth is achievable through continuous innovation, strategic collaborations, and educational initiatives promoting the procedure's benefits and availability.
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Market Segmentation & Coverage:
This research report categorizes the Canaloplasty Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Surgical Technique, market is studied across Ab-Externo Canaloplasty and Ab-Interno Canaloplasty.
Based on Application, market is studied across Academy & Research Laboratory, Ambulatory Surgical Centers, and Hospitals & Ophthalmology Clinics.
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.
Key Company Profiles:
The report delves into recent significant developments in the Canaloplasty Market, highlighting leading vendors and their innovative profiles. These include Carl Zeiss Meditec AG, Ellex Medical Pty Ltd., Glaukos Corporation, iSTAR Medical, Nova Eye Medical Limited, Qura, Inc., and Sight Sciences, Inc..
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Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Canaloplasty Market, by Surgical Technique
7. Canaloplasty Market, by Application
8. Americas Canaloplasty Market
9. Asia-Pacific Canaloplasty Market
10. Europe, Middle East & Africa Canaloplasty Market
11. Competitive Landscape
12. Competitive Portfolio
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About 360iResearch
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