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Rising Prevalence of Glaucoma Spurs Demand for Minimally Invasive Glaucoma Surgery (MIGS) Devices: A Significant Driver Propelling The Minimally Invasive Glaucoma Surgery (MIGS) Devices Market In 2025
Minimally Invasive Glaucoma Surgery (MIGS) Devices
What Is the Minimally Invasive Glaucoma Surgery (MIGS) Devices Market Size and Projected Growth Rate?
The minimally invasive glaucoma surgery (MIGS) devices market size has surged significantly in recent years. It will grow from $0.7 billion in 2024 to $0.9 billion in 2025 at a CAGR of 28.3%. The growth is attributed to rising awareness around blindness prevention, greater investments in healthcare systems, improved patient education on corrective vision procedures, and increased government involvement.
The minimally invasive glaucoma surgery (MIGS) devices market is expected to see exponential growth, reaching $2.42 billion by 2029, with a compound annual growth rate (CAGR) of 28.1%. This growth is driven by the increasing prevalence of eye disorders like
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What Are the Major Segments in the Minimally Invasive Glaucoma Surgery (MIGS) Devices Market?
The minimally invasive glaucoma surgery (MIGS) devices market covered in this report is segmented -
1) By Product: Valves, Glaucoma Drainage Implant, Glaucoma Tube Shunts, Stents, Other Products
2) By Surgery: Glaucoma In Conjunction With Cataract, Stand Alone Glaucoma
3) By Target: Trabecular Meshwork, Suprachoroidal Space, Other Targets
4) By Distribution Channel: Direct Tender, Retail Sales
5) By End User: Ophthalmology Clinics, Ambulatory Surgery Centers (ASCS), Other End Users
Subsegments:
1) By Valves: Micro Shunt Valves, Non-penetrating Valves
2) By Glaucoma Drainage Implant: Scleral Drainage Implants, Subconjunctival Drainage Implants
3) By Glaucoma Tube Shunts: Ahmed Tube Shunt, Baerveldt Tube Shunt
4) By Stents: Ab-Interno Stents, Ab-Externo Stents
5) By Other Products: Cyclodestructive Devices, Trabecular Bypass Devices
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What Are The Driving Minimally Invasive Glaucoma Surgery (MIGS) Devices Market Evolution?
The increasing prevalence of eye disorders is expected to propel the growth of minimally invasive glaucoma surgery (MIGS) devices going forward. Eye disorders encompass a wide range of conditions that affect the eyes and vision. The prevalence of eye disorders is increasing due to lifestyle changes, environmental influences, and aging populations. Minimally invasive glaucoma surgery (MIGS) devices are innovative tools utilized in managing various eye diseases, primarily focusing on reducing intraocular pressure (IOP) to prevent or control glaucoma progression. For instance, in 2024, according to the National Eye Institute, a US-based government agency, around 2.2 million Americans will be blind or partially blind by 2030. Therefore, the increasing prevalence of eye disorders drives the minimally invasive glaucoma surgery (MIGS) devices market.
Which Firms Dominate The Minimally Invasive Glaucoma Surgery (MIGS) Devices Market Segments?
Major companies operating in the minimally invasive glaucoma surgery (MIGS) devices market are AbbVie Inc., Novartis AG, Alcon Inc., Bausch Health Companies Inc., Bausch & Lomb Incorporated Inc., Carl Zeiss Meditec AG, Santen Pharmaceutical Co. Ltd., Johnson & Johnson Vision Care Inc., Lumenis Ltd., Staar Surgical Company, Glaukos Corporation, Sight Sciences Inc., Ocular Therapeutix Inc., Iridex Corporation, Ellex Medical Lasers Ltd., New World Medical Inc., MicroSurgical Technology Inc., Nova Eye Medical Limited, Asico LLC, Ziemer Ophthalmic Systems AG, Transcend Medical, iSTAR Medical SA, Ivantis Group Inc., Allergan, InnFocus Inc.
What Trends Are Expected to Dominate the Minimally Invasive Glaucoma Surgery (MIGS) Devices Market in the Next 5 Years?
Principal enterprises in the minimally invasive glaucoma surgery (MIGS) devices sector are keen on developing unique products like stent injectable systems, aiming to fill the gaps in glaucoma management and better patient outcomes. A stent injectable system is a MIGS device that by using an injection-like process, implants a tiny stent into the body. This process often involves a special delivery mechanism used frequently in minimally invasive surgeries for treating conditions like blocked or constricted blood vessels. For instance, in August 2022, Glaukos Corporation, an ophthalmic medical tech firm based in the USA, received 510(k) clearance from the U.S. Food and Drug Administration (FDA) for its iStent Infinite Trabecular Micro-Bypass System. This iStent Infinite is an innovative three-stent injectable system, designed to provide round-the-clock intraocular pressure (IOP) regulation to patients with primary open-angle glaucoma (POAG) that is not managed by previous medication or surgical intervention.
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Which Is The Largest Region In The Minimally Invasive Glaucoma Surgery (MIGS) Devices Market?
North America was the largest region in the minimally invasive glaucoma surgery (MIGS) devices market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the minimally invasive glaucoma surgery (MIGS) devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Minimally Invasive Glaucoma Surgery (MIGS) Devices Market?
2. What is the CAGR expected in the Minimally Invasive Glaucoma Surgery (MIGS) Devices Market?
3. What Are the Key Innovations Transforming the Minimally Invasive Glaucoma Surgery (MIGS) Devices Industry?
4. Which Region Is Leading the Minimally Invasive Glaucoma Surgery (MIGS) Devices Market?
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