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Rising Prevalence Of Glaucoma To Propel Growth Of The Glaucoma Surgery Devices Market: The Driving Engine Behind Glaucoma Surgery Devices Market Evolution in 2025
Glaucoma Surgery Devices
Glaucoma Surgery Devices Market Size Growth Forecast: What to Expect by 2025?
The market for glaucoma surgery devices has experienced substantial expansion in the preceding years. The market is anticipated to swell from $1.9 billion in 2024 to $2.14 billion in 2025, reflecting a compound annual growth rate (CAGR) of 12.9%. The steady market growth in the past years can be credited to numerous factors such as the aging demographic, a rise in glaucoma cases, heightened awareness and screening initiatives, advancements in healthcare infrastructure, and supportive insurance and reimbursement policies.
How Will the Glaucoma Surgery Devices Market Size Evolve and Grow by 2029?
In the coming years, the market size for glaucoma surgery devices is predicted to experience swift expansion. The sector is projected to reach a value of $3.7 billion in 2029, with a compound annual growth rate (CAGR) of 14.6%. This predicted growth during the forecast period may be due to factors such as the growing number of elderly people worldwide, enhanced awareness about healthcare, collaborative efforts in research and development, worldwide expansion of healthcare services, and patients' inclination for outpatient procedures. Foreseeable trends in this period encompass decentralization and grid resilience, regulatory standards, technological progress, integration with renewable energy sources, and considerations regarding the environment.
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What Drivers Are Propelling the Growth of Glaucoma Surgery Devices Market Forward?
The increasing occurrence of glaucoma anticipates propelling the expansion of the glaucoma surgery devices market. Glaucoma, a deteriorating eye condition that harms the optic nerve, potentially results in irreversible vision loss if not detected and treated on time. Glaucoma surgery devices are crucial in performing glaucoma surgery, enhancing surgical safety, efficiency, and minimal invasiveness- factors significantly promoting their demand. For example, The Institute for Health Metrics and Evaluation (IHME), a US-based independent worldwide research center at the University of Washington in Seattle, provided data in October 2024 stating that nearly 4.22 million Americans suffered from glaucoma in 2022, with an occurrence rate of 1.62% among adults 18+ and 2.56% among those 40+. Of these, roughly 1.49 million experienced vision-impairing glaucoma, impacting 0.57% of adults 18+ and 0.91% of adults 40+. Thus, the escalation in the occurence of glaucoma is predicted to steer the glaucoma surgery devices market.
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Which Emerging Trends Are Transforming the Glaucoma Surgery Devices Market in 2025?
Technological advancements are leading innovation in the glaucoma surgery devices market. In August 2022, US-based Sight Sciences Inc. launched the SION Surgical Instrument, a bladeless device for goniotomy that improves safety and precision in minimally invasive glaucoma surgeries by eliminating the need for sharp instruments in delicate areas.
What Are the Key Segments in the Glaucoma Surgery Devices Market?
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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Who Are the Key Players Shaping the Glaucoma Surgery Devices Market's Competitive Landscape?
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.
What Geographic Markets Are Powering Growth in the Glaucoma Surgery Devices Market?
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
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