Glaucoma Drainage Devices: Critical Driver Shaping the Rising Glaucoma Prevalence Fuels Growth In The Market Market in 2025

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Glaucoma Drainage Devices Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market for glaucoma drainage devices has experienced fast-paced growth recently, escalating from a value of $0.81 billion in 2024 to an anticipated $0.89 billion in 2025, a compound annual growth rate (CAGR) of 10.3%. Factors such as the rising incidence of diabetes, growing senior population, increasing hospital numbers, as well as enhanced governmental initiatives and disposable income can be credited for the observed growth during the historic period.

Glaucoma Drainage Devices Market Size Forecast: What's the Projected Valuation by 2029?
Expectations are high for robust expansion in the glaucoma drainage devices market size in the upcoming years, with projections estimating a growth to $1.3 billion by 2029 at a compound annual growth rate (CAGR) of 9.8%. The reasons for this anticipated rise during the forecast period include the growing occurrence of glaucoma, an increase in clinical trials, elevated healthcare spending, a rise in personalized treatment, and an escalation in lifestyle disorders. Spearheading trends in this forecast period are the advancements in minimally invasive glaucoma surgery, innovations in microstents and nanotechnology, the development of biocompatible materials, and an emerging trend of integrating glaucoma drainage devices with adjustable and refillable drainage systems.

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What Are the Drivers Transforming the Glaucoma Drainage Devices Market?
The escalating occurrence of glaucoma is projected to fuel the expansion of the glaucoma drainage devices market. Glaucoma refers to a collection of eye issues that harm the optic nerve, often due to a rise in intraocular pressure, which can potentially lead to a loss of vision if not treated promptly. The uptick in glaucoma cases is linked to a variety of factors, such as the aging population, urban growth, and shifts in lifestyle patterns. Glaucoma drainage devices serve to control intraocular pressure in refractory glaucoma by promoting outflow of aqueous humor when typical treatments are not effective. For example, the Glaucoma Research Foundation, a cutting-edge research group based in the US, noted in March 2022 that around 80 million people around the world were living with glaucoma in 2022, with a concerning estimate that nearly half of them were unaware of their disease. Over 3 million people in the US alone are grappling with glaucoma, with a similar percentage of cases going undiagnosed. Consequently, the growing occurrence of glaucoma is catalyzing the growth of the glaucoma drainage devices market.

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Which Emerging Trends Are Transforming the Glaucoma Drainage Devices Market in 2025?
Top firms in the glaucoma drainage devices market are strategically developing advanced canal-based glaucoma surgery devices to provide a less invasive solution to meet the rising demand for more secure and effective treatment methodologies. These canal-based glaucoma surgery devices, or implants, focus on the Schlemm's canal, enhancing aqueous humor drainage and ultimately reducing intraocular pressure (IOP). This is a significant step in managing glaucoma as it treats the driving factor of the condition's advancement. For instance, Nova Eye Medical Limited, a company based in Australia dealing with glaucoma devices, got clearance for its iTrack Advance canaloplasty device in March 2023. This groundbreaking device is designed for microcatheterization and viscodilation, aiming to decrease intraocular pressure (IOP) in adults suffering from primary open-angle glaucoma. The iTrack Advance boasts an ergonomic handpiece and upgraded technology to augment surgical productivity and can be used in standalone procedures or in combination with cataract surgery.

Which Segments in the Glaucoma Drainage Devices Market Offer the Most Profit Potential?
The glaucoma drainage devices market covered in this report is segmented -

1) By Product Type: Valved Glaucoma Drainage Devices, Non-Valved Glaucoma Drainage Devices
2) By Surgery Type: Conventional Glaucoma Surgery, Minimally Invasive Glaucoma Surgery
3) By End-User: Hospitals, Specialty Clinics, Ambulatory Surgical Centers, Other End-Users

Subsegments:
1) By Valved Glaucoma Drainage Devices: Ahmed Glaucoma Valve, Baerveldt Glaucoma Implant, Krupin Implant, Others
2) By Non-Valved Glaucoma Drainage Devices: Molteno Implant, Schocket Implant, Foster Implant, Others

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Which Firms Dominate the Glaucoma Drainage Devices Market by Market Share and Revenue in 2025?
Major companies operating in the glaucoma drainage devices market are AbbVie Inc., Alcon Inc., Johnson And Johnson Vision Care Inc., Santen Pharmaceutical Co. Ltd., Glaukos Corporation, Ocular Therapeutix Inc., IRIDEX Corporation, New World Medical Inc., Ivantis Inc., iSTAR Medical, Nova Eye Medical Limited, Altomed, Aurolab, G.surgiwear Limited, Eagle Vision Inc., Advanced Ophthalmic Innovations Pte Ltd., Avisi Technologies Inc., iVeena Delivery Systems, Optonol Ltd., Rheon-medical

Which Regions Offer the Highest Growth Potential in the Glaucoma Drainage Devices Market?
North America was the largest region in the glaucoma drainage devices market in 2024. The regions covered in the glaucoma drainage devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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