Glaucoma Surgery Market is expected to undergo a CAGR of 8.94% during the forecast period 2021 to 2028.
Market Analysis and Insights Glaucoma Surgery Market
Glaucoma is defined as an ocular disease that affects the optic nerve of the iris and progression of the same results in vision loss and blindness. It is a type of condition that causes blindness and is a chronic and permanent disorder whose prevalence’s is increasing with increasing age.
Increase in the geriatric population worldwide is the vital factor escalating the market growth, also rise in the transition towards minimally invasive surgeries for glaucoma treatment, rise in the rapid technological advancements in the glaucoma surgery devices, rise in the focus on customer training and education along with the awareness and rise in the easy availability of medical insurance coverage for diagnosis and treatment are the major factors among others driving the glaucoma surgery market.
Glaucoma Surgery Market Scope and Market Size
The glaucoma surgery market is segmented on the basis of target, surgery type, product and end-user. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of target, the glaucoma surgery market is segmented into trabecular meshwork, suprachoroidal space and others.
- Based on surgery type, the glaucoma surgery market is segmented into conventional glaucoma surgeries and minimally invasive glaucoma surgeries.
- Based on product, the glaucoma surgery market is segmented into glaucoma drainage devices, glaucoma laser devices and implants & stents.
- The glaucoma surgery market is also segmented on the basis of end-user into Eye hospitals, ophthalmology clinics and outpatient surgical centers.
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Glaucoma Surgery Market Country Level Analysis
North America dominates the glaucoma surgery market due to rise in the presence of leading market players, increase in the efficient reimbursement policies, and public health programs, such as Eye America and Vision US, increasing awareness about glaucoma and early product availability in this region. Europe is the second largest region in terms of growth in glaucoma surgery market due to rise in the transition towards minimally invasive surgeries for glaucoma treatment and rise in the rapid technological advancements in the glaucoma surgery devices in this region. Asia-Pacific is the expected region in terms of growth in glaucoma surgery market due to rise in the transition towards minimally invasive surgeries for glaucoma treatment and rise in the rapid technological advancements in the glaucoma surgery devices in this region.
Competitive Landscape and Glaucoma Surgery Market Share Analysis
The Glaucoma Surgery Market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Glaucoma Surgery Market.
Key Players Glaucoma Surgery Market
- Novartis AG
- Glaukos Corporation
- New World Medical Inc.
- Johnson & Johnson Private Limited
- Bausch & Lomb Incorporated
- TOPCON CORPORATION
- Teva Pharmaceutical Industries Ltd
- NIDEK CO. LTD
- HAAG-STREIT GROUP
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MAJOR TOC OF THE REPORT
- Chapter One: Introduction
- Chapter Two: Market Segmentation
- Chapter Three: Market Overview
- Chapter Four: Executive Summary
- Chapter Five: Premium Insights
- Chapter Six: Global Glaucoma Surgery Market by Product & Procedure type
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