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Glaucoma Surgery Device Trends and Forecast
The future of the global glaucoma surgery device market looks promising with opportunities in the eye hospital & ophthalmology clinic, ambulatory surgical center, and outpatient surgical center markets. The global glaucoma surgery device market is expected to reach an estimated $1.4 billion by 2030 with a CAGR of 6.2% from 2024 to 2030. The major drivers for this market are growing prevalence of eye-related diseases, rising demand for minimally invasive glaucoma surgical procedures, and robust technological advancement in glaucoma surgery devices.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Glaucoma Surgery Device by Segment
The study includes a forecast for the global glaucoma surgery device by surgery type, product, end use, and region.
Glaucoma Surgery Device Market by Surgery Type [Shipment Analysis by Value from 2018 to 2030]:
• Conventional Glaucoma Surgeries
• Minimally Invasive Glaucoma Surgeries
Glaucoma Surgery Device Market by Product [Shipment Analysis by Value from 2018 to 2030]:
• Implants & Stents
• Glaucoma Drainage Devices
• Glaucoma Laser Devices
Glaucoma Surgery Device Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• Eye Hospitals & Ophthalmology Clinics
• Ambulatory Surgical Centers
• Outpatient Surgical Centers
• Others
Glaucoma Surgery Device Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Glaucoma Surgery Device Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies glaucoma surgery device companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the glaucoma surgery device companies profiled in this report include-
• Abbvie
• Alcon
• Glaukos
• Johnson & Johnson
• iStar Medical
• Lumibird Medical
• Lumenis
• New World Medical
• Santen Pharmaceutical
• Topcon
Glaucoma Surgery Device Market Insights
Lucintel forecasts that conventional glaucoma surgery is expected to witness higher growth over the forecast period due to its increasing preference to enable afforable intraocular pressure reduction precedures.
Eye hospitals & ophthalmology clinic will remain the largest segment due to rising availibility of expert eye surgeons and increasing expenditure on eye care gadgets by eye hospitals and ophthalmology clinics.
North America is expected to witness highest growth over the forecast period due to growing chances of lifestyle diseases, increasing number of geriatric population, and presence of key players in the region.
Features of the Global Glaucoma Surgery Device Market
Market Size Estimates: Glaucoma surgery device market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Glaucoma surgery device market size by surgery type, product, end use, and region in terms of value ($B).
Regional Analysis: Glaucoma surgery device market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different surgery types, products, end uses, and regions for the glaucoma surgery device market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the glaucoma surgery device market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q.1 What is the glaucoma surgery device market size?
Answer: The global glaucoma surgery device market is expected to reach an estimated $1.4 billion by 2030.
Q.2 What is the growth forecast for glaucoma surgery device market?
Answer: The global glaucoma surgery device market is expected to grow with a CAGR of 6.2% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the glaucoma surgery device market?
Answer: The major drivers for this market are growing prevalence of eye-related diseases, rising demand for minimally invasive glaucoma surgical procedures, and robust technological advancement in glaucoma surgery devices.
Q4. What are the major segments for glaucoma surgery device market?
Answer: The future of the glaucoma surgery device market looks promising with opportunities in the eye hospital & ophthalmology clinic, ambulatory surgical center, and outpatient surgical center markets.
Q5. Who are the key glaucoma surgery device market companies?
Answer: Some of the key glaucoma surgery device companies are as follows:
• Abbvie
• Alcon
• Glaukos
• Johnson & Johnson
• iStar Medical
• Lumibird Medical
• Lumenis
• New World Medical
• Santen Pharmaceutical
• Topcon
Q6. Which glaucoma surgery device market segment will be the largest in future?
Answer: Lucintel forecasts that conventional glaucoma surgery is expected to witness higher growth over the forecast period due to its increasing preference to enable afforable intraocular pressure reduction precedures.
Q7. In glaucoma surgery device market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth over the forecast period due to growing chances of lifestyle diseases, increasing number of geriatric population, and presence of key players in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the glaucoma surgery device market by surgery type (conventional glaucoma surgeries and minimally invasive glaucoma surgeries), product (implants & stents, glaucoma drainage devices, and glaucoma laser devices), end use (eye hospitals & ophthalmology clinics, ambulatory surgical centers, outpatient surgical centers, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Glaucoma Surgery Device Market, Glaucoma Surgery Device Market Size, Glaucoma Surgery Device Market Growth, Glaucoma Surgery Device Market Analysis, Glaucoma Surgery Device Market Report, Glaucoma Surgery Device Market Share, Glaucoma Surgery Device Market Trends, Glaucoma Surgery Device Market Forecast, Glaucoma Surgery Device Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Glaucoma Surgery Device Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Glaucoma Surgery Device Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Glaucoma Surgery Device Market by Surgery Type
3.3.1: Conventional Glaucoma Surgeries
3.3.2: Minimally Invasive Glaucoma Surgeries
3.4: Global Glaucoma Surgery Device Market by Product
3.4.1: Implants & Stents
3.4.2: Glaucoma Drainage Devices
3.4.3: Glaucoma Laser Devices
3.5: Global Glaucoma Surgery Device Market by End Use
3.5.1: Eye Hospitals & Ophthalmology Clinics
3.5.2: Ambulatory Surgical Centers
3.5.3: Outpatient Surgical Centers
3.5.4: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Glaucoma Surgery Device Market by Region
4.2: North American Glaucoma Surgery Device Market
4.2.2: North American Glaucoma Surgery Device Market by End Use: Eye Hospitals & Ophthalmology Clinics, Ambulatory Surgical Centers, Outpatient Surgical Centers, and Others
4.3: European Glaucoma Surgery Device Market
4.3.1: European Glaucoma Surgery Device Market by Surgery Type: Conventional Glaucoma Surgeries and Minimally Invasive Glaucoma Surgeries
4.3.2: European Glaucoma Surgery Device Market by End Use: Eye Hospitals & Ophthalmology Clinics, Ambulatory Surgical Centers, Outpatient Surgical Centers, and Others
4.4: APAC Glaucoma Surgery Device Market
4.4.1: APAC Glaucoma Surgery Device Market by Surgery Type: Conventional Glaucoma Surgeries and Minimally Invasive Glaucoma Surgeries
4.4.2: APAC Glaucoma Surgery Device Market by End Use: Eye Hospitals & Ophthalmology Clinics, Ambulatory Surgical Centers, Outpatient Surgical Centers, and Others
4.5: ROW Glaucoma Surgery Device Market
4.5.1: ROW Glaucoma Surgery Device Market by Surgery Type: Conventional Glaucoma Surgeries and Minimally Invasive Glaucoma Surgeries
4.5.2: ROW Glaucoma Surgery Device Market by End Use: Eye Hospitals & Ophthalmology Clinics, Ambulatory Surgical Centers, Outpatient Surgical Centers, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Glaucoma Surgery Device Market by Surgery Type
6.1.2: Growth Opportunities for the Global Glaucoma Surgery Device Market by Product
6.1.3: Growth Opportunities for the Global Glaucoma Surgery Device Market by End Use
6.1.4: Growth Opportunities for the Global Glaucoma Surgery Device Market by Region
6.2: Emerging Trends in the Global Glaucoma Surgery Device Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Glaucoma Surgery Device Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Glaucoma Surgery Device Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Abbvie
7.2: Alcon
7.3: Glaukos
7.4: Johnson & Johnson
7.5: iStar Medical
7.6: Lumibird Medical
7.7: Lumenis
7.8: New World Medical
7.9: Santen Pharmaceutical
7.10: Topcon
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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