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Global Anterior Stromal Puncture Needle Market size, Industry Analysis, Share, Growth, Trends, Forecast 2017 - 2025
The objective of this report is to define, describe, and forecast the market on the basis of type, application, medical condition, and region. It provides detailed information regarding the major factors influencing the growth of the market. This report also tracks and analyzes competitive developments of the key players in terms of market developments, product portfolios, and financials.
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Anterior Stromal Puncture (ASP) is a procedure for the treatment of Recurrent Corneal Erosion (RCE), removal of keratoconus sub epithelial nodules, and improvement of contact lenses tolerance. The procedure involves surgical incisions (around 15 to 25 incisions spaced from 0.5 mm to 1 mm) using a short bent needle on the corneal surface. This is done to facilitate an inflammatory response serving as an anchor for the epithelium to be attached to the stroma. Anterior stromal puncture needles are available in standard sizes, usually 5/8 inch (25 gauge). These help ophthalmologists to perform desired number of incisions in the cornea. Ophthalmologists around the world have been adopting the anterior stromal puncture treatment method owing to the increase in healing rates in the treatment of RCE as demonstrated by various clinical trials.
Incidence of Recurrent Corneal Erosion (RCE) has been rising at a constant rate. Other methods for the treatment of Recurrent Corneal Erosion (RCE), including manual superficial keratectomy and laser phototherapeutic keratectomy (PTK), have been traditionally used owing to certain advantages such as low post-operative pain. Increasing incidence of patients suffering from Recurrent Corneal Erosion (RCE), drop in vision, pain, and photophobia, along with other dysfunctions of the eye, and various advantages of anterior stromal puncture (ASP) procedure such as ease of procedure, cost effectiveness, increased healing rates and safety of the procedure have been driving the increasing adoption of the stromal puncture needles in the global market. Various clinical trials and studies have successfully demonstrated the efficiency of anterior stromal puncture needles in the treatment of indications concerning the cornea. These newer applications are expected to drive the global anterior stromal puncture needle market during the forecast period. However, rise in concerns about invasive techniques in the treatment of ophthalmic diseases among healthcare providers and ophthalmologists around the world is anticipated to tilt the balance of treatment methods toward laser stromal puncture technique. This is estimated to restrain the global anterior stromal puncture needle market during the forecast period.
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Based on geography, the global anterior stromal puncture needle market can be segmented in to North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Higher prevalence of ophthalmic diseases in North America, increase in number of ophthalmic surgeries performed in the region, and growth in adoption of the safe and effective treatment procedure among patients and ophthalmologists are factors expected to boost the anterior stromal puncture needle market in North America during the forecast period. However, gradual shift toward laser stromal puncture technique in the region is projected to hamper the anterior stromal puncture needle market in North America during the forecast period. Rapid increase in incidence of ophthalmic disorders in countries in Asia Pacific, especially those in Southeast Asia; and cost effectiveness of the anterior stromal puncture technique in treatment of RCE and other disorders are factors likely to augment the anterior stromal puncture needle market in Asia Pacific during the forecast period.
Anterior stromal puncture needle is a highly fragmented market; numerous domestic and regional players operate in the less regulated and low entry barrier market. The market is characterized by a large number of small and large domestic players across different countries and regions, with few players operating on the global scale. Key players operating in the anterior stromal puncture needle market include Eagle Labs, Sigma Pharmaceuticals, LLC, AAAWholesaleCompany, and Eye Cure And Care.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
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The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
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Highlights of the report:
A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market
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