Glaucoma Surgery Devices Market to Grow with a CAGR of 5.14% through 2030F
The growing adoption of surgical treatments for glaucoma
and the rising prevalence of glaucoma is expected to drive the Global Glaucoma
Surgery Devices Market growth in the forecast period, 2026-2030.
According to TechSci Research report, “Glaucoma Surgery
Devices Market – Global Industry Size, Share, Trends, Competition Forecast
& Opportunities, 2030F”, the Global Glaucoma Surgery Devices Market
stood at USD 1.44 billion in 2024 with a CAGR of 5.14% through 2030
Government initiatives play a pivotal role in shaping the
Global Glaucoma Surgery Devices Market by fostering awareness, supporting
research, and ensuring access to quality eye care. Various governments
worldwide are implementing programs and campaigns to educate the public about
glaucoma, its risks, and the importance of regular eye examinations. They also
invest in research grants and subsidies to promote innovative solutions in
glaucoma surgery device development. Governments strive to make eye care services
affordable and accessible, particularly for underserved populations. These
initiatives collectively contribute to early diagnosis, better treatment, and
overall market growth for glaucoma surgery device.
The growing adoption of surgical treatments for glaucoma is a significant driver of the Global Glaucoma Surgery Devices Market. Several factors contribute to this trend. Surgical treatments offer an effective means of managing glaucoma by directly addressing the underlying cause, which is often elevated intraocular pressure (IOP). Surgical procedures can provide long-term IOP reduction, reducing the risk of further optic nerve damage and vision loss. Patients are increasingly seeking surgical options due to the desire for sustained relief from glaucoma and reduced dependence on medication. Surgical interventions can offer a higher level of IOP control compared to eye drops, enhancing patient satisfaction.
The field of glaucoma surgery has seen significant technological advancements, including Minimally Invasive Glaucoma Surgery (MIGS) devices and microinvasive procedures. These innovations have made surgical treatments more accessible, less invasive, and associated with shorter recovery times. Ophthalmologists are gaining expertise in a range of surgical techniques, making them more inclined to recommend surgical interventions for appropriate glaucoma cases. Overall, the growing adoption of surgical treatments for glaucoma is driven by their effectiveness, patient demand for better outcomes, technological advancements, and increased surgeon expertise. This trend is expected to continue driving the demand for glaucoma surgery devices in the market.
The rising prevalence of glaucoma serves as a compelling driver for the Global Glaucoma Surgery Devices Market. As glaucoma is a progressive and sight-threatening eye condition, its increasing incidence directly fuels the demand for surgical interventions and related devices. With a growing aging population, the number of individuals at risk of developing glaucoma is on the rise. Surgical treatments offer effective means of managing the disease, particularly in advanced cases where medication alone may be insufficient. Consequently, the expanding pool of glaucoma patients seeking treatment and the need for better disease management contribute significantly to the market's growth, making glaucoma surgery devices a vital component in addressing this healthcare challenge.
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The Global Glaucoma Surgery Devices Market is segmented into
product, surgery method, end use, region, and company.
Based on the surgery method, Minimally Invasive Glaucoma
Surgery (MIGS) represents the fastest-growing segment in the Global Glaucoma
Surgery Devices Market due to its minimally invasive nature, which offers
several advantages. MIGS procedures are less traumatic, involve smaller
incisions, and have shorter recovery times compared to traditional glaucoma
surgeries. This appeals to both patients and ophthalmologists, driving
adoption. MIGS allows for combining glaucoma treatment with cataract surgery,
increasing its appeal. Advancements in MIGS device technology continue to
enhance their effectiveness and safety, further propelling this segment's rapid
growth as it revolutionizes glaucoma treatment by providing a more
patient-friendly and effective approach.
Based on region, Asia Pacific is emerging as the
fastest-growing segment in the Global Glaucoma Surgery Devices Market due to a
confluence of factors. The region is experiencing a demographic shift
characterized by a rapidly aging population. Glaucoma predominantly affects
older individuals, and as the elderly population increases, so does the
prevalence of glaucoma cases, driving demand for glaucoma surgery devices.
Rising healthcare infrastructure and investments in eye care facilities across
countries like China and India are expanding access to glaucoma diagnosis and
treatment. This improved accessibility encourages early diagnosis and
intervention, increasing the need for glaucoma surgery devices. There is a
growing awareness of eye health and glaucoma management, partly due to
government initiatives and healthcare campaigns. These efforts stimulate
patient demand for effective treatments, including surgical options. Asia
Pacific is witnessing economic growth, which has led to increased healthcare spending
and research activities, fostering innovation in the field of glaucoma surgery
devices. The combination of these factors positions Asia Pacific as a
burgeoning market for these devices, with robust growth anticipated in the
coming years.
Major companies operating in Global Glaucoma
Surgery Devices Market are:
· Alcon, Inc.
· Abbott Medical Optics Pvt Ltd
· Asico LLC
· Katalyst Surgical LLC
· Ziemer Ophthalmic Systems AG
· Lumenis Ltd
· Iridex Corporation
· Carl Zeiss Meditec AG
· Allergan Plc.
· Glaukos Corporation
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“Global Glaucoma Surgery Devices Market is poised for
significant growth in the coming years due to several converging factors.
Firstly, the increasing prevalence of glaucoma, primarily among the elderly
population, is driving the demand for effective treatment options, including
surgical interventions. Secondly, technological advancements in glaucoma
surgery devices, particularly in the field of Minimally Invasive Glaucoma
Surgery (MIGS), are making procedures more accessible and less invasive,
appealing to both patients and ophthalmologists. Thirdly, government
initiatives and awareness campaigns are promoting early diagnosis and
intervention, amplifying the market's expansion. The growing adoption of
surgical treatments, rising healthcare infrastructure in developing regions,
and economic growth are all contributing to market growth. The synergy between
cataract and glaucoma surgeries further augments the demand for glaucoma
surgery devices. All these factors collectively indicate a promising future for
the glaucoma surgery devices market, characterized by substantial growth and
innovation” said Mr. Karan Chechi, Research Director of TechSci Research, a
research-based management consulting firm.
“Glaucoma Surgery Devices Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Product (Punches, USC marker, USC planner, USC shaver, forceps, algerbrush, probes, diamond knives, Glaucoma Drainage Device, Laser System, Others), By Surgery Method (Traditional glaucoma surgery, Minimal invasive glaucoma surgery, Laser surgery), By End Use (Hospitals, Ophthalmic clinics, Others), By Region & Competition, 2020-2030F”, has evaluated the future growth potential of
Global Glaucoma Surgery Devices Market and provides statistics &
information on market size, structure, and future market growth. The report
intends to provide cutting-edge market intelligence and help decision makers
take sound investment decisions. Besides, the report also identifies and
analyzes the emerging trends along with essential drivers, challenges, and
opportunities in Global Glaucoma Surgery Devices Market.
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