Prominent Glaucoma Surgery Devices Market Trend for 2025: Advanced Goniotomy In The Glaucoma Surgery Devices Market

Which drivers are expected to have the greatest impact on the over the glaucoma surgery devices market's growth?
An upward trend in glaucoma cases is anticipated to spur on the expansion of the glaucoma surgery devices market. Glaucoma, a degenerative ocular disease that damages the optic nerve, can result in irreversible vision loss unless promptly identified and treated. Glaucoma surgery devices, key in conducting glaucoma operations, have allowed these procedures to become safer, more efficient, and less invasive, thus enhancing their appeal. As per data from The Institute for Health Metrics and Evaluation (IHME) in October 2024, a US-based autonomous international research institution at the University of Washington in Seattle, it was found that in 2022, nearly 4.22 million Americans had glaucoma, manifesting a prevalence of 1.62% amongst adults over 18 and 2.56% amongst individuals aged over 40. Of these, roughly 1.49 million were victims of vision-impairing glaucoma, impacting 0.57% of the over 18 population and 0.91% of those aged over 40. Consequently, the rising incidence of glaucoma is predicted to fuel the glaucoma surgery devices market growth.

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What is the future CAGR of the glaucoma surgery devices market, and how will it impact industry expansion?
The market size for glaucoma surgery devices has seen swift expansion in the past few years. It is projected to escalate from $1.9 billion in 2024 to $2.14 billion in 2025, boasting a compound annual growth rate (CAGR) of 12.9%. The impressive growth during the historical period is triggered by factors like an aging populace, a climbing incidence of glaucoma, enhanced awareness and screening initiatives, advancements in healthcare infrastructure, insurance provisions, and reimbursement policies.

The market size for glaucoma surgery devices is anticipated to witness exponential growth in the coming years, projected to reach "$3.7 billion by 2029, with a compound annual growth rate (CAGR) of 14.6%. The predicted growth in this period can be traced back to factors such as a rise in the global elderly population, increased awareness around healthcare, collective research and development efforts, worldwide growth of healthcare services, and a preference for outpatient procedures among patients. Key trends expected to shape the forecast period include the decentralization and resilience of the grid, the regulatory landscape, advances in technology, integration with renewable energies, and environmental impact considerations.

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What are the most significant trends transforming the glaucoma surgery devices market today?
The latest trend in the glaucoma surgery devices market is the adaptation of advanced technologies. Key players in the market are steering towards the creation of novel technological solutions to maintain their market presence. An example of this is the release of the SION Surgical Instrument by Sight Sciences Inc., an American eyecare technology firm, in August 2022. This first-of-its-kind, bladeless device revolutionizes goniotomy procedures. This groundbreaking Minimally Invasive Glaucoma Surgery (MIGS) equipment does not require a blade and instead employs a flexible catheter to make micro-incisions in the trabecular meshwork. As a result, SION's bladeless approach potentially offers safer and easier operation as there's no need to navigate sharp tools around the eye's anterior chamber and iridocorneal angle. With a focus on improved effectiveness and careful removal of excisional tissue, this design aligns with better patient outputs.

Which key market segments comprise the glaucoma surgery devices market and drive its revenue growth?
The glaucoma surgery devices market covered in this report is segmented -

1) By Product: Drainage Systems, Laser-Based Devices, Implants, Other Products
2) By Treatment: Open-Angle, Closed-Angle
3) By Type Of Surgery: Angle Closure Glaucoma Surgery, Aqueous Shunt Surgery, Laser Surgery, Other Type Of Surgeries
4) By Application: Conventional Glaucoma Surgeries, Minimally Invasive Glaucoma Surgeries
5) By End User: Eye Hospitals, Ophthalmology Clinics, Outpatient Surgical Centers

Subsegments:
1) By Drainage Systems: Tubes And Shunts, Collecting Devices, Valves
2) By Laser-Based Devices: Laser Trabeculoplasty, Laser Iridotomy Devices, Laser Cyclophotocoagulation Devices
3) By Implants: Gel Stents, Ahmed Glaucoma Valve Implants, Baerveldt Implants
4) By Other Products: Surgical Instruments, Diagnostic Devices, Surgical Kits

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What regions are at the forefront of glaucoma surgery devices market expansion?
North America was the largest region in the glaucoma surgery devices market in 2024. The regions covered in the glaucoma surgery devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Who are the leading players fueling growth in the glaucoma surgery devices market?
Major companies operating in the glaucoma surgery devices market include Alcon, Johnson & Johnson, Abbott Laboratories, Carl Zeiss Meditec AG, Bausch & Lomb Inc., Topcon Corporation, HAAG-Streit Holding AG, Sonomed Escalon, Iridex Corporation Ltd., Ellex Medical Lasers Ltd., Ziemer Ophthalmic Systems AG, Katalyst Surgical, Nidek Co. Ltd., AbbVie Inc., BVI, Glaukos Corporation, Alievio Inc., Assenti LLC, Chongqing Migos Medical Technology Co Ltd., OcuTherix Inc, OPKO Health Inc, OptoLight Vision Technology, Rheon Medical SA, Sight Sciences Inc, Lumenis Ltd.

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What Is Covered In The Glaucoma Surgery Devices Global Market Report?

• Market Size Forecast: Examine the glaucoma surgery devices market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the glaucoma surgery devices market for a structured understanding.
• Key Players Overview: Analyze major players in the glaucoma surgery devices market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the glaucoma surgery devices market.
• Segment Contributions: Evaluate how different segments drive overall growth in the glaucoma surgery devices market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the glaucoma surgery devices market.
• Industry Challenges: Identify potential risks and obstacles affecting the glaucoma surgery devices market.
• Competitive Landscape: Review strategic developments in the glaucoma surgery devices market, including expansions, agreements, and new product launches.

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