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
PART 01: Executive summary
Highlights
PART 02: Scope of the report
Market overview
Top vendor offerings
PART 03: Market research methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
PART 05: Glaucoma: An overview
PART 06: Types of glaucoma
Open-angle glaucoma
Closed-angle glaucoma
Others
PART 07: Market landscape
Market overview
Market size and forecast
Five forces analysis
PART 08: Market segmentation by product type
Glaucoma implants
Glaucoma surgical instruments
PART 09: Market segmentation by treatment
Glaucoma surgery
Laser therapy
PART 10: Global microinvasive glaucoma surgery market
Market overview
PART 11: Geographical segmentation
Glaucoma surgical devices market in Americas
Glaucoma surgical devices market in EMEA
Glaucoma surgical devices market in APAC
PART 12: Market drivers
Increased prevalence of glaucoma
Rise in aging population
Demand from emerging countries
PART 13: Impact of drivers
PART 14: Market challenges
Complications associated with glaucoma surgeries
Stringent regulatory framework
Few skilled ophthalmologists
PART 15: Impact of drivers and challenges
PART 16: Market trends
New devices under review
Use of microinvasive glaucoma surgeries
Rise in awareness programs
PART 17: Vendor landscape
Competitive scenario
Key news
Mergers and acquisitions
Market share analysis 2015
Other prominent vendors
PART 18: Appendix
List of abbreviations
PART 19: Explore Technavio
List of Exhibits
Exhibit 01: Product offerings
Exhibit 02: Chronic glaucoma: Determination of risk factors
Exhibit 03: Classification of glaucoma
Exhibit 04: Percentage of individuals with glaucoma 2015
Exhibit 05: Types of closed-angle glaucoma
Exhibit 06: Global glaucoma surgical devices market 2015-2020 ($ millions)
Exhibit 07: Five forces analysis
Exhibit 08: Global glaucoma surgical devices market segmentation by product type
Exhibit 09: Global glaucoma surgical devices market segmentation by product type 2015
Exhibit 10: Global glaucoma implants market 2015-2020 ($ millions)
Exhibit 11: Global glaucoma surgical instruments market 2015-2020 ($ millions)
Exhibit 12: Glaucoma surgical devices market segmentation by product type 2015-2020 ($ millions)
Exhibit 13: Glaucoma surgical devices market segmentation by product type 2015-2020
Exhibit 14: Global glaucoma surgical devices market segmentation by treatment
Exhibit 15: Global glaucoma surgical devices market segmentation by treatment 2015
Exhibit 16: Devices used in ab externo surgeries
Exhibit 17: Devices used in ab interno surgeries
Exhibit 18: Global microinvasive glaucoma surgery market 2015-2020 ($ millions)
Exhibit 19: Global glaucoma surgical devices market segmentation by geography 2015
Exhibit 20: Glaucoma surgical devices market in Americas 2015-2020 ($ millions)
Exhibit 21: Glaucoma surgical devices market in EMEA 2015-2020 ($ millions)
Exhibit 22: Glaucoma surgical devices market in APAC 2015-2020 ($ millions)
Exhibit 23: Global glaucoma surgical devices market segmentation by geography 2015-2020 ($ millions)
Exhibit 24: Global glaucoma surgical devices market segmentation by geography 2015-2020
Exhibit 25: Impact of drivers
Exhibit 26: Impact of drivers and challenges
Exhibit 27: Alcon: Key takeaways
Exhibit 28: Alcon: Business segmentation by revenue 2014
Exhibit 29: Abbott Medical Optics: Key takeaways
Exhibit 30: Abbott Medical Optics: Product segmentation
Exhibit 31: Carl Zeiss Meditec: Key takeaways
Exhibit 32: Carl Zeiss Meditec: Glaucoma surgical devices
Exhibit 33: Carl Zeiss Meditec: Business segmentation by revenue 2014
Exhibit 34: Carl Zeiss Meditec: Business segmentation by revenue 2013 and 2014 ($ millions)
Exhibit 35: Carl Zeiss Meditec: Geographical segmentation by revenue 2014
Exhibit 36: Ellex Medical Lasers: Key takeaways
Exhibit 37: Ellex Medical Lasers: Product segmentation
