Press release
Glaucoma Drainage Devices Market Rising Competition Fuels Massive Opportunity by 2031 | NovaEye Medical Limited, iSTAR Medical SA, Rheon Medical SA
Glaucoma Drainage Devices Market
The Global Glaucoma Drainage Devices Market is estimated to be valued at USD 640.5 million in 2024 and is expected to reach USD 1,184.3 million by 2031, growing at a compound annual growth rate (CAGR) of 11.9% from 2024 to 2031.
This report has a complete table of contents, figures, tables, and charts, as well as insightful analysis. The Glaucoma Drainage Devices market has been growing significantly in recent years, driven by a number of key factors, such as increasing demand for its products, expanding customer base, and technological advancements. This report provides a comprehensive analysis of the Glaucoma Drainage Devices market, including market size, trends, drivers and constraints, competitive aspects, and prospects for future growth.
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Scope of the Glaucoma Drainage Devices Market:
The Glaucoma Drainage Devices market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
Major Players Operating in the Glaucoma Drainage Devices Market:
• Johnson & Johnson
• AbbVie Inc
• Alcon Inc
• Glaukos Corporation
• Santen Pharmaceutical Co.
• NovaEye Medical Limited
• iSTAR Medical SA
• Rheon Medical SA
• New World Medical Inc and Aurolab
Glaucoma Drainage Devices Market Segments:
❖ By Product Type
• Minimally Invasive Glaucoma Surgery (MIGS) Devices
• Schlemm's Canal MIGS Devices
• Suprachoroidal MIGS Devices
• Subconjunctival MIGS Devices
❖ By Application
• Hospitals
• Ambulatory Surgical Centers
• Specialty Clinics
Geographical Landscape:
The Glaucoma Drainage Devices Market report provides information about the market area, which is further subdivided into sub-regions and countries/regions. In addition to the market share in each country and sub-region, this chapter of this report also contains information on profit opportunities.
➤ North America (United States, Canada, and Mexico)
➤ Europe (UK, Germany, France, Russia, and Italy)
➤ Asia-Pacific (China, Korea, Japan, India, and Southeast Asia)
➤ South America (Brazil, Colombia, Argentina, etc.)
➤ The Middle East and Africa (Saudi Arabia, UAE, Nigeria, Egypt, and South Africa)
This report offers actionable growth insights and an extensive study comprising secondary research, primary interviews with industry stakeholders, and competitors, validation, and triangulation with the CoherentMI regional database. Experts have detailed primary records with the market players across the value chain in all regions and industry experts to obtain qualitative and quantitative insights.
Trends and Opportunities:
The Glaucoma Drainage Devices market has seen several trends in recent years, and understanding these trends is crucial to stay ahead of the competition. The increasing demand for Glaucoma Drainage Devices in various industries presents several growth opportunities for players in the market.
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Key Benefits for Stakeholders:
⏩ The study includes a comprehensive analysis of current Glaucoma Drainage Devices Market trends, estimations, and market size dynamics from 2024 to 2031 in order to identify the most potential prospects.
⏩ The five forces study by Porter underlines the role of buyers and suppliers in aiding stakeholders in making profitable business decisions and expanding their supplier-buyer network.
⏩ In-depth research, as well as market size and segmentation, can assist you in identifying current Glaucoma Drainage Devices Market opportunities.
⏩ The largest countries in each area are mapped based on their market revenue contribution.
⏩ The Glaucoma Drainage Devices Market research report provides an in-depth analysis of the top competitors in the market.
Global Glaucoma Drainage Devices Market 2024 Key Insights:
▶ Research and analyze the Glaucoma Drainage Devices Market standing and future forecast associated with production, Market price structure, consumption, and historical knowledge.
▶ The report understands the structure of Glaucoma Drainage Devices Market trade by distinctive its varied segments and sub-segments.
▶ Market report split the breakdown knowledge by company, products, end-user, and prime countries, with market history knowledge from 2017 to 2024 and forecast to 2031.
▶ Analysis of Glaucoma Drainage Devices Market regarding individual growth trends, future prospects, and their contribution to the overall market.
▶ Global Glaucoma Drainage Devices Market 2024 report analyzes competitive expansions like agreements, new product launches, and acquisitions.
▶ This research report targets the global key players to characterize sales volume, market revenue, growth potential, drivers, SWOT analysis, and development plans in coming years.
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Author Bio:
Priya Pandey is a dynamic and passionate editor with over three years of expertise in content editing and proofreading. Holding a bachelor's degree in biotechnology, Priya has a knack for making the content engaging. Her diverse portfolio includes editing documents across different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc. Priya's meticulous attention to detail and commitment to excellence make her an invaluable asset in the world of content creation and refinement.
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