Glaucoma Drainage Devices Market - Industry Size, Share, Growth & Forecast 2027 | UnivDatos

 

The growth of the glaucoma drainage devices market across the globe is witnessing growth on account of the rising global burden of glaucoma and the surge in the number of glaucoma care initiatives by the government and other private organizations. For instance, according to the data estimated by the American Academy of Ophthalmology (AAO), the global prevalence of glaucoma was estimated to reach 76 million by 2020 and further is expected to reach 111.8 million by 2040. Furthermore, favorable reimbursement policies and foreign direct investment provisions are some of the other prominent factors contributing to the growth of the market.

According to UnivDatos Market Insights (UMI)’ research report “Global Glaucoma Drainage Devices Market Analysis, 2021”, the glaucoma drainage devices market is projected to grow at a CAGR of ~5% during 2021-27F. The demand for glaucoma drainage devices is increasing on account of the growing number of people having diabetes as it is one of the major risk factors that may lead to glaucoma development.

𝐓𝐨 𝐆𝐞𝐭 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐟𝐮𝐥 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡, 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐏𝐃𝐅 𝐂𝐨𝐩𝐲 - https://univdatos.com/get-a-free-sample-form-php/?product_id=20901

Based on the product type, the market is fragmented into conventional glaucoma drainage devices, minimally invasive glaucoma surgery devices, and others. The conventional glaucoma drainage devices segment accounted for a considerable share in 2020 and is anticipated to register a lucrative CAGR during the forecast period. The growth of this segment can be attributed to the adoption of conventional glaucoma surgery as the first choice of treatment in underdeveloped nations as the cost of conventional devices are low as compared to minimally invasive glaucoma surgery devices.

Hospitals Segment to Witness Robust growth

Based on end-users, the market is segmented into hospitals, specialty clinics, ambulatory surgical centers, and others. The hospital segment had the highest revenue and CAGR growth in the analyzed period owing to the presence of several advanced surgical devices and the availability of highly skilled healthcare professionals in hospitals.

North America to Grab Lion’s Share, and witnessed Explicit Growth

Based on the region, North America dominated the global glaucoma drainage devices market in 2020. The region is projected to maintain its dominance during the forecasted period 2021-27 owing to the rapidly growing prevalence of glaucoma and well-established market players. North America is expected to skyrocket with a CAGR of XX% in the forecast period owing, as stated in UnivDatos Market Insights (UMI)’ research report “Global Glaucoma Drainage Devices Analysis, 2021”.

𝐓𝐨 𝐆𝐞𝐭 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐟𝐮𝐥 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡, 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐏𝐃𝐅 𝐂𝐨𝐩𝐲 - https://univdatos.com/get-a-free-sample-form-php/?product_id=20901  

According to UnivDatos Market Insights (UMI)’, the key players with a considerable market share in the Glaucoma Drainage Devices Market include Aurolab, Johnson & Johnson Vision Care, Inc., Rheon Medical SA, Allergan (AbbVie), NovaEye Medical, Novartis AG, Glaukos Corporation, iSTAR Medical, Ivantis Inc., New World Medical, Inc., among others. The players are focused on launching products for gaining customers' traction and expanding their geographical reach to get a competitive edge in the industry.  

“Global Glaucoma Drainage Devices Market Analysis, 2021” provides comprehensive qualitative and quantitative insights on the industry potential, key factors impacting sales and purchase decisions, hotspots, and opportunities available for glaucoma drainage devices providers across the Globe. Moreover, the report also encompasses the key strategic imperatives for success for competitors along with strategic factorial indexing measuring competitor's capabilities on 16 parameters. This will help companies in the formulation of go to Market Strategies and identifying the blue ocean for its offerings.

For more informative information, please visit us – https://univdatos.com/report/glaucoma-drainage-devices-market/

Market Segmentation:

1.      By Product Type (Conventional Glaucoma Drainage Devices, Minimally Invasive Glaucoma Surgery Devices, and Others)

2.      By End-Users (Hospitals, Specialty Clinics, Ambulatory Surgical Centers, and Others)

3.      By Region (North America, Europe, Asia-Pacific, Rest of the World)

4.      By Company (Aurolab, Johnson & Johnson Vision Care, Inc., Rheon Medical SA, Allergan (AbbVie), NovaEye Medical, Novartis AG, Glaukos Corporation, iSTAR Medical, Ivantis Inc., New World Medical, Inc., etc.)

Key questions answered in the study:

1.      What are the current and future trends in the glaucoma drainage devices industry?

2.      How the industry has been evolving in terms of product type, and end-users?

3.      How the competition has been shaping across the countries followed by their comparative factorial indexing?

4.      What are the key growth drivers and challenges for the glaucoma drainage devices industry?

5.      What is the customer orientation, purchase behavior, and expectations from the glaucoma drainage devices firms across various regions?

Table of Content –

1 MARKET INTRODUCTION

2 RESEARCH METHODOLOGY OR ASSUMPTION

3 MARKET SYNOPSIS

4 EXECUTIVE SUMMARY

5 COVID-19 IMPACT

6 GLOBAL GLAUCOMA DRAINAGE DEVICES MARKET REVENUE

7 MARKET INSIGHTS BY PRODUCT TYPE

8 MARKET INSIGHTS BY END-USERS

9 MARKET INSIGHTS BY REGION

10 GLAUCOMA DRAINAGE DEVICES MARKET DYNAMICS

11 GLAUCOMA DRAINAGE DEVICES MARKET OPPORTUNITIES

12 GLAUCOMA DRAINAGE DEVICES MARKET TRENDS & INSIGHTS

13 LEGAL & REGULATORY FRAMEWORK

14 DEMAND AND SUPPLY SIDE ANALYSIS

15 VALUE CHAIN ANALYSIS

16 COMPETITIVE SCENARIO

17 COMPANY PROFILED

18 DISCLAIMER

Browse Other Related Research Reports from UnivDatos Market Insights

·        Continuous Positive Airway Pressure (CPAP) Device Market to Reach US$ 4 Billion by 2026, Globally |CAGR: 9% |

·        Artificial Intelligence (AI) in Healthcare Market to Reach US$ 26.5 Billion by 2025, Globally |CAGR: 41%|

·        In-Vitro Diagnostics (IVDs) Market to reach US$ 98 Billion by 2025, Globally |CAGR: 5.24%|

·       Critical Care Equipment Market to Reach US$ 38 Billion by 2026 Globally |CAGR: 6%|