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Global Glaucoma Surgical Devices Market 2016-2020

Global Glaucoma Surgical Devices Market 2016-2020

Market outlook of the global glaucoma surgical devices market

Technavio’s research analyst predicts the global glaucoma surgical devices market to grow rapidly at a CAGR of 41% during the forecast period. Much of this market’s growth can be attributed to the advances made in the field of ophthalmology, which in turn has fortified the establishment of treatment methodologies to amplify positive patient outcomes.

The augmented demand for glaucoma surgical devices in emerging countries is the key driver for the growth of this market. In emerging countries like China, India, and Brazil improvements in medical infrastructure have led to the availability of advanced treatment options, which has made it possible for people to undergo glaucoma surgeries.

Product-based segmentation of the glaucoma surgical devices market

  • Glaucoma implants
  • Glaucoma surgical instruments
According to this market research, glaucoma implants segment accounted for a share of nearly 60% of the overall market in 2015. Since these implants are available in different designs, they bring about improvements in the surgical technique, which results in improved clinical outcome. Also, the ability of these implants to reduce the operative and post-operative complications is another important factor that propels market growth in this segment during the forecast period.

Geographical segmentation of the glaucoma surgical devices market
  • Americas
  • APAC
  • EMEA
Technavio market research analysts estimate the Americas to dominate the global market for glaucoma surgical devices during the forecast period. The high prevalence of glaucoma in the Americas is a critical factor that results in this region’s high market share of nearly 49% during the forecast period.

Competitive landscape and key vendors

The global glaucoma surgical devices market is fragmented due to the presence of many global and local players. The vendors that can develop products that are safe, easy to use, widely available, and cost-effective are expected to thrive in this market during the forecast period.

The leading vendors in the market are -
  • Alcon
  • Abbott Medical Optics
  • Carl Zeiss Meditec
  • Ellex Medical
Other prominent vendors analyzed in this market study are A.R.C. Laser, Aquesys, Innfocus, Ivantis, Glaukos, Innova, Molteno Ophthalmic, Topcon, Transcend Medical, Iridex, Quantel, Lightmed, Lumenis, New World Medical, Nidek, Optos, and Valve Implants.

Key questions answered in the report include
  • What will the market size and the growth rate be in 2020?
  • What are the key factors driving the global glaucoma surgical devices market?
  • What are the key market trends impacting the growth of the global glaucoma surgical devices market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the vendors in the global glaucoma surgical devices market?
  • Trending factors influencing the market shares of the Americas, APAC, and EMEA?
  • What are the key outcomes of the five forces analysis of the global glaucoma surgical devices market?
Technavio also offers customization on reports based on specific client requirement.

Related reports:
  • Global Retinal Surgery Devices Market 2015-2019
  • Global Ophthalmology Devices- Industry Analysis 2015-2019


Press Release

Technavio Announces the Publication of its Research Report – Global Glucoma Surgical Devices Market 2016-2020
Technavio recognizes the following companies as the key players in the Global Glucoma Surgical Devices Market: Alcon, Abbott Medical Optics, Carl Zeiss Meditec and Ellex Medical
Other Prominent Vendors in the market are: A.R.C. Laser, Aquesys, Innfocus, Ivantis, Glaukos, Innova, Molteno Ophthalmic, Topcon, Transcend Medical, Iridex, Quantel, Lightmed, Lumenis, New World Medical, Nidek, Optos, and Valve Implants.
Commenting on the report, an analyst from Technavio’s team said: “Microinvasive glaucoma surgery or minimally invasive glaucoma surgery is an advanced procedure with minimum adverse effects. It us of two types: ab interno and ab externo. Ab interno microinvasive glaucoma surgeries include the use of suprachoroidal shunts and intracanalicular scaffolds. Ab externo microinvasive glaucoma surgeries include the use of canaloplasty devices and suprachoroidal Gold microshunts.”
According to the report, age-related changes in the body cause a gradual slowdown of the body functioning and immune system, exposing a person to various risk factors. Aging can cause certain areas of the eyes to become less elastic. Macular degeneration, cataracts, dry eye syndrome, refractive errors, and glaucoma are the most prevalent diseases in people over 40.
Further, the report states that regulatory bodies have imposed stringent labeling requirements and regulatory framework for glaucoma surgical devices. These regulations are often country-specific. Some of these devices, such as laser-based products, are considered high-risk and have to undergo a safety examination to demonstrate medical efficacy before being approved by regulatory agencies.

Companies Mentioned

Alcon, Abbott Medical Optics, Carl Zeiss Meditec, Ellex Medical, A.R.C. Laser, Aquesys, Innfocus, Ivantis, Glaukos, Innova, Molteno Ophthalmic, Topcon, Transcend Medical, Iridex, Quantel, Lightmed, Lumenis, New World Medical, Nidek, Optos, Valve Implants.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
    • Top vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
  • Glaucoma: An overview
    • Table Chronic glaucoma: Determination of risk factors
  • Types of glaucoma
    • Table Classification of glaucoma
    • Table Percentage of individuals with glaucoma 2015
    • Open-angle glaucoma
    • Closed-angle glaucoma
      • Table Types of closed-angle glaucoma
    • Others
  • Market landscape
    • Market overview
    • Market size and forecast
      • Table Global glaucoma surgical devices market 2015-2020 ($ millions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by product type
    • Table Global glaucoma surgical devices market segmentation by product type
    • Glaucoma implants
    • Glaucoma surgical instruments
      • Table Global glaucoma surgical devices market segmentation by product type 2015
      • Table Global glaucoma implants market 2015-2020 ($ millions)
      • Table Global glaucoma surgical instruments market 2015-2020 ($ millions)
      • Table Glaucoma surgical devices market segmentation by product type 2015-2020 ($ millions)
      • Table Glaucoma surgical devices market segmentation by product type 2015-2020
  • Market segmentation by treatment
    • Table Global glaucoma surgical devices market segmentation by treatment
    • Table Global glaucoma surgical devices market segmentation by treatment 2015
    • Glaucoma surgery
      • Table Devices used in ab externo surgeries
      • Table Devices used in ab interno surgeries
    • Laser therapy
  • Global microinvasive glaucoma surgery market
    • Market overview
      • Table Global microinvasive glaucoma surgery market 2015-2020 ($ millions)
  • Geographical segmentation
    • Table Global glaucoma surgical devices market segmentation by geography 2015
    • Glaucoma surgical devices market in Americas
      • Table Glaucoma surgical devices market in Americas 2015-2020 ($ millions)
    • Glaucoma surgical devices market in EMEA
      • Table Glaucoma surgical devices market in EMEA 2015-2020 ($ millions)
    • Glaucoma surgical devices market in APAC
      • Table Glaucoma surgical devices market in APAC 2015-2020 ($ millions)
      • Table Global glaucoma surgical devices market segmentation by geography 2015-2020 ($ millions)
      • Table Global glaucoma surgical devices market segmentation by geography 2015-2020
  • Market drivers
    • Increased prevalence of glaucoma
    • Rise in aging population
    • Demand from emerging countries
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Complications associated with glaucoma surgeries
    • Stringent regulatory framework
    • Few skilled ophthalmologists
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • New devices under review
    • Use of microinvasive glaucoma surgeries
    • Rise in awareness programs
  • Vendor landscape
    • Competitive scenario
    • Key news
    • Mergers and acquisitions
    • Market share analysis 2015
      • Table Alcon: Key takeaways
      • Table Alcon: Business segmentation by revenue 2014
      • Table Abbott Medical Optics: Key takeaways
      • Table Abbott Medical Optics: Product segmentation
      • Table Carl Zeiss Meditec: Key takeaways
      • Table Carl Zeiss Meditec: Glaucoma surgical devices
      • Table Carl Zeiss Meditec: Business segmentation by revenue 2014
      • Table Carl Zeiss Meditec: Business segmentation by revenue 2013 and 2014 ($ millions)
      • Table Carl Zeiss Meditec: Geographical segmentation by revenue 2014
      • Table Ellex Medical Lasers: Key takeaways
      • Table Ellex Medical Lasers: Product segmentation
    • Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

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