The glaucoma surgery devices market is expected to grow from USD 1.53 billion in 2019 to USD 2.60 billion by 2027, at a CAGR of 6.9% during the forecast period 2020-2027.
An ocular disease that affects the optic nerve of the iris and progression of it results in the blindness and loss of vision is known as glaucoma. Various laser and non-laser implants and other devices used for reducing the intraocular pressure in the eye are included in glaucoma surgery devices. It is applicable in conventional and minimally invasive glaucoma surgeries. Treatment options available for glaucoma laser surgery, pills, conventional surgery, and eye drops.
The factors driving the market are rising geriatric population, increasing incidence of eye-related disorders, and increasing preference for micro-invasive glaucoma surgeries. Increasing innovations and development in the form of various technologically advanced implants possess opportunities for the market. The factors restraining the market are lack of skilled professionals, increase in associated complications post-surgery, and high cost of glaucoma surgery procedures.
This study delivers a comprehensive analysis of type, surgical methods, end-user, and region. The type segment includes probes, glaucoma drainage devices, punches, USC marker, forceps, diamond knives, laser system, USC shaver, USC planner, algerbrush. Glaucoma drainage devices hold the largest share, owing to the high procedural volume of cataract surgeries and the advent of novel and advanced MIGS devices. Products like algerbrush, forceps, needle holders, scissors, and diamond knives are also anticipated to witness significant growth, as most of the users prefer buying from local market players that offer devices at a relatively lower price. The surgery method segment includes traditional glaucoma surgery (trabeculectomy, tube shunt surgery), minimally invasive glaucoma surgery (suprachoroidal space implants, trabecular meshwork bypass, subconjunctival space implants), laser surgery (iridotomy, cyclophotocoagulation, trabeculoplasty). The traditional glaucoma surgery segment holds the largest share, owing to the availability of other advanced surgical technology, longer hospital stays, and increased chances of postoperative complications. Minimal Invasive Glaucoma Surgery segment is anticipated to witness significant growth, due to the clinical evidences suggesting the use of two iSents’s for efficient treatment of glaucoma, and frequent launches of advanced glaucoma drainage devices. The end-user segment includes ophthalmic clinics, hospitals, and others. The hospital segment dominates the market, owing to the availability of highly skilled medical professionals, a large patient base, and advanced surgical devices. Ophthalmic clinics holds the largest market share, owing to the cost efficiency, introduction of advanced surgical devices, rising awareness about minimally invasive surgical devices, and shorter wait time.
The market has been divided into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. North America holds the largest market share, owing to the presence of leading market players, public health programs, and efficient reimbursement policies. Europe holds the second-largest share in the market, due to dynamic reimbursement paradigm for glaucoma surgery. In the region, France, Germany, and Russia have the highest share. The Asia-Pacific is anticipated to witness significant growth, owing to large unmet needs, increasing incidences of open-angle glaucoma, especially in India, Japan, and China.
Some of the notable players in the market are Alcon, Inc., Lumenis Ltd., Iridex Corporation, Nidek Co., Ltd., Abbott Laboratories, Katalyst Surgical, Carl Zeiss Meditec AG, ASICO, Ziemer Ophthalmic Systems AG, and Glaukos Corporation. In August 2019. Glaukon, an ophthalmic medical technology acquired Avedro, a leading hybrid ophthalmic medical technology company to expand its product portfolio in glaucoma treatment and enhanced its R&D, regulatory, and clinical capabilities.
Glaucoma Surgery Devices Market Analysis and Forecast, by Type
Glaucoma Surgery Devices Market Analysis and Forecast, by Surgery Method
Glaucoma Surgery Devices Market Analysis and Forecast, by End-User
Glaucoma Surgery Devices Market Analysis and Forecast, by Region
Report Description:
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis By Type
4.3.2. Market Attractiveness Analysis By Surgery Method
4.3.3. Market Attractiveness Analysis By End-User
4.3.4. Market Attractiveness Analysis By Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.3. Restraints
5.4. Opportunities
5.5. Challenges
6. Global Glaucoma Surgery Devices Market Analysis and Forecast, By Type
6.1. Segment Overview
6.2. Probes
6.3. Glaucoma Drainage Devices
6.4. Punches
6.5. USC Marker
6.6. Forceps
6.7. Diamond Knives
6.8. Laser System
6.9. USC Shaver
6.10. USC Planner
6.11. Algerbrush
7. Global Glaucoma Surgery Devices Market Analysis and Forecast, By Surgery Method
7.1. Segment Overview
7.2. Traditional Glaucoma Surgery
7.2.1. Trabeculectomy
7.2.2. Tube Shunt Surgery
7.3. Minimal Invasive Glaucoma Surgery
7.3.1. Suprachoroidal Space Implants
7.3.2. Trabecular Meshwork Bypass
7.3.3. Subconjunctival Space Implants
7.4. Laser Surgery
7.4.1. Iridotomy
7.4.2. Cyclophotocoagulation
7.4.3. Trabeculoplasty
8. Global Glaucoma Surgery Devices Market Analysis and Forecast, By End-User
8.1. Segment Overview
8.2. Ophthalmic Clinics
8.3. Hospitals
8.4. Others
9. Global Glaucoma Surgery Devices Market Analysis and Forecast, By Regional Analysis
9.1. Segment Overview
9.2. North America
9.2.1. U.S.
9.2.2. Canada
9.2.3. Mexico
9.3. Europe
9.3.1. Germany
9.3.2. France
9.3.3. U.K.
9.3.4. Italy
9.3.5. Spain
9.4. Asia-Pacific
9.4.1. Japan
9.4.2. China
9.4.3. India
9.5. South America
9.5.1. Brazil
9.6. Middle East and Africa
9.6.1. UAE
9.6.2. South Africa
10. Global Glaucoma Surgery Devices Market-Competitive Landscape
10.1. Overview
10.2. Market Share of Key Players in Global Glaucoma Surgery Devices Market
10.2.1. Global Company Market Share
10.2.2. North America Company Market Share
10.2.3. Europe Company Market Share
10.2.4. APAC Company Market Share
10.3. Competitive Situations and Trends
10.3.1. Product Launches and Developments
10.3.2. Partnerships, Collaborations, and Agreements
10.3.3. Mergers & Acquisitions
10.3.4. Expansions
11. Company Profiles
11.1. Alcon, Inc.
11.1.1. Business Overview
11.1.2. Company Snapshot
11.1.3. Company Market Share Analysis
11.1.4. Company Product Portfolio
11.1.5. Recent Developments
11.1.6. SWOT Analysis
11.2. Lumenis Ltd.
11.2.1. Business Overview
11.2.2. Company Snapshot
11.2.3. Company Market Share Analysis
11.2.4. Company Product Portfolio
11.2.5. Recent Developments
11.2.6. SWOT Analysis
11.3. IRIDEX CORPORATION
11.3.1. Business Overview
11.3.2. Company Snapshot
11.3.3. Company Market Share Analysis
11.3.4. Company Product Portfolio
11.3.5. Recent Developments
11.3.6. SWOT Analysis
11.4. Nidek Co., Ltd.
11.4.1. Business Overview
11.4.2. Company Snapshot
11.4.3. Company Market Share Analysis
11.4.4. Company Product Portfolio
11.4.5. Recent Developments
11.4.6. SWOT Analysis
11.5. Abbott Laboratories
11.5.1. Business Overview
11.5.2. Company Snapshot
11.5.3. Company Market Share Analysis
11.5.4. Company Product Portfolio
11.5.5. Recent Developments
11.5.6. SWOT Analysis
11.6. Katalyst Surgical
11.6.1. Business Overview
11.6.2. Company Snapshot
11.6.3. Company Market Share Analysis
11.6.4. Company Product Portfolio
11.6.5. Recent Developments
11.6.6. SWOT Analysis
11.7. Carl Zeiss Meditec AG
11.7.1. Business Overview
11.7.2. Company Snapshot
11.7.3. Company Market Share Analysis
11.7.4. Company Product Portfolio
11.7.5. Recent Developments
11.7.6. SWOT Analysis
11.8. ASICO
11.8.1. Business Overview
11.8.2. Company Snapshot
11.8.3. Company Market Share Analysis
11.8.4. Company Product Portfolio
11.8.5. Recent Developments
11.8.6. SWOT Analysis
11.9. Ziemer Ophthalmic Systems AG
11.9.1. Business Overview
11.9.2. Company Snapshot
11.9.3. Company Market Share Analysis
11.9.4. Company Product Portfolio
11.9.5. Recent Developments
11.9.6. SWOT Analysis
11.10. Glaukos Corporation
11.10.1. Business Overview
11.10.2. Company Snapshot
11.10.3. Company Market Share Analysis
11.10.4. Company Product Portfolio
11.10.5. Recent Developments
11.10.6. SWOT Analysis
List of Table
1. Global Glaucoma Surgery Devices Market, By Type, 2017–2027(USD Billion)
2. Global Probes In Glaucoma Surgery Devices Market, By Region, 2017–2027(USD Billion)
3. Global Glaucoma Drainage Devices In Glaucoma Surgery Devices Market, By Region, 2017–2027(USD Billion)
4. Global Punches In Glaucoma Surgery Devices Market, By Region, 2017–2027(USD Billion)
5. Global USC Marker In Glaucoma Surgery Devices Market, By Region, 2017–2027(USD Billion)
6. Global Forceps In Glaucoma Surgery Devices Market, By Region, 2017–2027(USD Billion)
7. Global Diamond Knives In Glaucoma Surgery Devices Market, By Region, 2017–2027(USD Billion)
8. Global Laser System In Glaucoma Surgery Devices Market, By Region, 2017–2027(USD Billion)
9. Global USC Shaver In Glaucoma Surgery Devices Market, By Region, 2017–2027(USD Billion)
10. Global USC Planner In Glaucoma Surgery Devices Market, By Region, 2017–2027(USD Billion)
11. Global Algerbrush In Glaucoma Surgery Devices Market, By Region, 2017–2027(USD Billion)
12. Global Glaucoma Surgery Devices Market, By Surgery Method, 2017–2027(USD Billion)
13. Global Traditional Glaucoma Surgery Glaucoma Surgery Devices Market, By Region, 2017–2027(USD Billion)
14. Global Minimal Invasive Glaucoma Surgery Glaucoma Surgery Devices Market, By Region, 2017–2027(USD Billion)
15. Global Laser Surgery Glaucoma Surgery Devices Market, By Region, 2017–2027(USD Billion)
16. Global Glaucoma Surgery Devices Market, By End-User, 2017–2027(USD Billion)
17. Global Ophthalmic Clinics Glaucoma Surgery Devices Market, By Region, 2017–2027(USD Billion)
18. Global Hospitals Glaucoma Surgery Devices Market, By Region, 2017–2027 (USD Billion)
19. Global Others Glaucoma Surgery Devices Market, By Region, 2017–2027 (USD Billion)
20. Global Glaucoma Surgery Devices Market, By Region, 2017–2027(USD Billion)
21. Global Glaucoma Surgery Devices Market, By North America, 2017–2027(USD Billion)
22. North America Glaucoma Surgery Devices Market, By Type, 2017–2027(USD Billion)
23. North America Glaucoma Surgery Devices Market, By Surgery Method, 2017–2027(USD Billion)
24. North America Glaucoma Surgery Devices Market, By End-User, 2017–2027(USD Billion)
25. U.S. Glaucoma Surgery Devices Market, By Type, 2017–2027(USD Billion)
26. U.S. Glaucoma Surgery Devices Market, By Surgery Method, 2017–2027(USD Billion)
27. U.S. Glaucoma Surgery Devices Market, By End-User, 2017–2027(USD Billion)
28. Canada Glaucoma Surgery Devices Market, By Type, 2017–2027(USD Billion)
29. Canada Glaucoma Surgery Devices Market, By Surgery Method, 2017–2027(USD Billion)
30. Canada Glaucoma Surgery Devices Market, By End-User, 2017–2027(USD Billion)
31. Mexico Glaucoma Surgery Devices Market, By Type, 2017–2027(USD Billion)
32. Mexico Glaucoma Surgery Devices Market, By Surgery Method, 2017–2027(USD Billion)
33. Mexico Glaucoma Surgery Devices Market, By End-User, 2017–2027(USD Billion)
34. Europe Glaucoma Surgery Devices Market, By Type, 2017–2027(USD Billion)
35. Europe Glaucoma Surgery Devices Market, By Surgery Method, 2017–2027(USD Billion)
36. Europe Glaucoma Surgery Devices Market, By End-User, 2017–2027(USD Billion)
37. Germany Glaucoma Surgery Devices Market, By Type, 2017–2027(USD Billion)
38. Germany Glaucoma Surgery Devices Market, By Surgery Method, 2017–2027(USD Billion)
39. Germany Glaucoma Surgery Devices Market, By End-User, 2017–2027(USD Billion)
40. France Glaucoma Surgery Devices Market, By Type, 2017–2027(USD Billion)
41. France Glaucoma Surgery Devices Market, By Surgery Method, 2017–2027(USD Billion)
42. France Glaucoma Surgery Devices Market, By End-User, 2017–2027(USD Billion)
43. U.K. Glaucoma Surgery Devices Market, By Type, 2017–2027(USD Billion)
44. U.K. Glaucoma Surgery Devices Market, By Surgery Method, 2017–2027(USD Billion)
45. U.K. Glaucoma Surgery Devices Market, By End-User, 2017–2027(USD Billion)
46. Italy Glaucoma Surgery Devices Market, By Type, 2017–2027(USD Billion)
47. Italy Glaucoma Surgery Devices Market, By Surgery Method, 2017–2027(USD Billion)
48. Italy Glaucoma Surgery Devices Market, By End-User, 2017–2027(USD Billion)
49. Spain Glaucoma Surgery Devices Market, By Type, 2017–2027(USD Billion)
50. Spain Glaucoma Surgery Devices Market, By Surgery Method, 2017–2027(USD Billion)
51. Spain Glaucoma Surgery Devices Market, By End-User, 2017–2027(USD Billion)
52. Asia Pacific Glaucoma Surgery Devices Market, By Type, 2017–2027(USD Billion)
53. Asia Pacific Glaucoma Surgery Devices Market, By Surgery Method, 2017–2027(USD Billion)
54. Asia Pacific Glaucoma Surgery Devices Market, By End-User, 2017–2027(USD Billion)
55. Japan Glaucoma Surgery Devices Market, By Type, 2017–2027(USD Billion)
56. Japan Glaucoma Surgery Devices Market, By Surgery Method, 2017–2027(USD Billion)
57. Japan Glaucoma Surgery Devices Market, By End-User, 2017–2027(USD Billion)
58. China Glaucoma Surgery Devices Market, By Type, 2017–2027(USD Billion)
59. China Glaucoma Surgery Devices Market, By Surgery Method, 2017–2027(USD Billion)
60. China Glaucoma Surgery Devices Market, By End-User, 2017–2027(USD Billion)
61. India Glaucoma Surgery Devices Market, By Type, 2017–2027(USD Billion)
62. India Glaucoma Surgery Devices Market, By Surgery Method, 2017–2027(USD Billion)
63. India Glaucoma Surgery Devices Market, By End-User, 2017–2027(USD Billion)
64. South America Glaucoma Surgery Devices Market, By Type, 2017–2027(USD Billion)
65. South America Glaucoma Surgery Devices Market, By Surgery Method, 2017–2027(USD Billion)
66. South America Glaucoma Surgery Devices Market, By End-User, 2017–2027(USD Billion)
67. Brazil Glaucoma Surgery Devices Market, By Type, 2017–2027(USD Billion)
68. Brazil Glaucoma Surgery Devices Market, By Surgery Method, 2017–2027(USD Billion)
69. Brazil Glaucoma Surgery Devices Market, By End-User, 2017–2027(USD Billion)
70. Middle East and Africa Glaucoma Surgery Devices Market, By Type, 2017–2027(USD Billion)
71. Middle East and Africa Glaucoma Surgery Devices Market, By Surgery Method, 2017–2027(USD Billion)
72. Middle East Glaucoma Surgery Devices Market, By End-User, 2017–2027(USD Billion)
73. UAE Glaucoma Surgery Devices Market, By Type, 2017–2027(USD Billion)
74. UAE Glaucoma Surgery Devices Market, By Surgery Method, 2017–2027(USD Billion)
75. UAE Glaucoma Surgery Devices Market, By End-User, 2017–2027(USD Billion)
76. South Africa Glaucoma Surgery Devices Market, By Type, 2017–2027(USD Billion)
77. South Africa Glaucoma Surgery Devices Market, By Surgery Method, 2017–2027(USD Billion)
78. South Africa Glaucoma Surgery Devices Market, By End-User, 2017–2027(USD Billion)
List of Figures
1. Global Glaucoma Surgery Devices Market Segmentation
2. Glaucoma Surgery Devices Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Glaucoma Surgery Devices Market Attractiveness Analysis By Type
9. Global Glaucoma Surgery Devices Market Attractiveness Analysis By Surgery Method
10. Global Glaucoma Surgery Devices Market Attractiveness Analysis By End-User
11. Global Glaucoma Surgery Devices Market Attractiveness Analysis By Region
12. Global Glaucoma Surgery Devices Market: Dynamics
13. Global Glaucoma Surgery Devices Market Share By Type (2019 & 2027)
14. Global Glaucoma Surgery Devices Market Share By Surgery Method (2019 & 2027)
15. Global Glaucoma Surgery Devices Market Share By End-User (2019 & 2027)
16. Global Glaucoma Surgery Devices Market Share by Regions (2019 & 2027)
17. Global Glaucoma Surgery Devices Market Share by Company (2019)
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