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

Lacrimal Device Trends and Forecast

The future of the global lacrimal device market looks promising with opportunities in the hospital, diagnostic center, and ambulatory care center markets. The global lacrimal device market is expected to grow with a CAGR of 3.6% from 2024 to 2030. The major drivers for this market are surge in aging population, increasing prevalence of eye disease, and on-going advancement in lacrimal devices.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Lacrimal Device by Segment

The study includes a forecast for the global lacrimal device by product, application, end use, and region.

Lacrimal Device Market by Product [Shipment Analysis by Value from 2018 to 2030]:

• Intubation Sets
• Stents and Tubes
• Cannula and Spatula
• Dilators

Lacrimal Device Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Glaucoma
• Dry Eye
• Lacrimal Gland Inflammation
• Epiphora
• Others

Lacrimal Device Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• Hospital
• Diagnostic Center
• Ambulatory Care Center (ACC)

Lacrimal Device Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Lacrimal 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 lacrimal device companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the lacrimal device companies profiled in this report include-

• FCI Ophthalmic
• Kaneka
• Lacrimedics
• Cook
• BVI
• Rumex International
• Bess Medical Technology

Lacrimal Device Market Insights

Lucintel forecasts that stent and tube will remain the largest segment over the forecast period due to increasing prevalence of eye diseases.

Within this market, hospital will remain the largest segment due to rising number of patients undergoing surgical procedures.

North America will remain the largest region over the forecast period due to rising consumer awareness about eye care and government initiatives.

Features of the Global Lacrimal Device Market

Market Size Estimates: Lacrimal 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: Lacrimal device market size by product, application, end use, and region in terms of value ($B).

Regional Analysis: Lacrimal device market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different products, applications, end uses, and regions for the lacrimal device market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the lacrimal device market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the growth forecast for lacrimal device market?

Answer: The global lacrimal device market is expected to grow with a CAGR of 3.6% from 2024 to 2030.

Q2. What are the major drivers influencing the growth of the lacrimal device market?

Answer: The major drivers for this market are surge in aging population, increasing prevalence of eye disease, and on-going advancement in lacrimal devices.

Q3. What are the major segments for lacrimal device market?

Answer: The future of the lacrimal device market looks promising with opportunities in the hospital, diagnostic center, and ambulatory care center markets.

Q4. Who are the key lacrimal device market companies?

Answer: Some of the key lacrimal device companies are as follows:

• FCI Ophthalmic
• Kaneka
• Lacrimedics
• Cook
• BVI
• Rumex International
• Bess Medical Technology

Q5. Which lacrimal device market segment will be the largest in future?

Answer: Lucintel forecasts that stent and tube will remain the largest segment over the forecast period due to increasing prevalence of eye diseases.

Q6. In lacrimal device market, which region is expected to be the largest in next 5 years?

Answer: North America will remain the largest region over the forecast period due to rising consumer awareness about eye care and government initiatives.

Q.7 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 lacrimal device market by product (intubation sets, stents and tubes, cannula and spatula, and dilators), application (glaucoma, dry eye, lacrimal gland inflammation, epiphora, and others), end use (hospital, diagnostic center, and ambulatory care center (ACC)), 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?