DUBLIN--(BUSINESS WIRE)--The "Global Glaucoma Surgical Devices Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2017 to 2025" report has been added to ResearchAndMarkets.com's offering.
The global glaucoma surgical devices market was valued at US$ 246.7 million in 2016, and is expected to reach US$ 556.7 million by 2025, expanding at a CAGR of 9.3% from 2017 to 2025.
Growing prevalence of diabetes, eye disorders such as macular degeneration, aging population and growing government initiatives are observed to be the drivers of the global glaucoma surgical devices market. Increasing pool of geriatric population has been a prominent market driver, while corresponding to early disease diagnosis and treatment. As the global aging population and diabetic patient pool is perpetually increasing, it is anticipated that the future of glaucoma surgical devices market is ensured steady growth.
Among the considered device types, glaucoma drainage devices is the largest revenue generating segment and will continue to dominate the market through the forecast period. Extensive use of these devices in glaucoma treatment and easy access are the key factors supporting the dominance of this segment. However, association with some critical post-operative complications and higher preference for pharmacological approach may hold back the growth of this market.
Geographically, North America and Europe cumulatively dominate the global glaucoma surgical devices market. Highest prevalence of diabetes, corresponding existence of evolved healthcare infrastructure, and better reimbursement setting majorly contribute to the leading position of these regions. Additionally, domicile of market incumbents in the U.S. and Western Europe further facilitates early adoption of novel treatment solutions in the regions.
On the other hand, evolution of healthcare infrastructure through government policies and increase in healthcare expenditure, diabetic patient pool and growing awareness makes Asia Pacific the most lucrative and fastest growing regional market for glaucoma surgical devices.
Key Topics Covered:
Chapter 1. Preface
Chapter 2. Executive Summary
Chapter 3. Glaucoma Surgical Devices Market: Market Dynamics and Future Outlook
Chapter 4. Global Glaucoma Surgical Devices Market, by Device Type, 2015 - 2025 (US$ Mn)
Chapter 5. Global Glaucoma Surgical Devices Market, by Usage Area, 2015 - 2025 (US$ Mn)
Chapter 6. Global Glaucoma Surgical Devices Market, by Geography, 2015 - 2025 (US$ Mn)
Chapter 7. Company Profiles
- Alcon Inc.
- Abbott Laboratories Inc.
- AqueSys Inc.
- Carl Zeiss Meditec AG
- Ellex Medical Lasers Limited
- Endo Optiks Inc.
- InnFocus Inc.
- Iridex Corporation
- Lumenis Ltd.
- Nidek Co. Ltd.
For more information about this report visit https://www.researchandmarkets.com/research/gw8rfk/global_glaucoma?w=4