Glaucoma Surgery Device Market Report: Trends, Forecast and Competitive Analysis to 2030

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.

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 region.s 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.

Q.4. 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.

Q.5. 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

Q.6. 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.

Q.7. 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?