Global Minimally Invasive Glaucoma Surgery Devices Market Analysis & Outlook 2030

  • Product Code:
    RP-ID-10352010
  • Published Date:
    21 Oct 2022
  • Region:
    Global
  • Category:
    Healthcare & Pharmaceuticals
  • Publisher:
    Pub-ID-54

Impact Analysis on the Growth of Market

Inflation and Looming Recession to Haunt Businesses:

In 2022 & 2023, market players expected to sail in rough waters; might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain. Further, U.S. economy is expected to grow merely by 3% in 2022.

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The Research Report is Updated with 2022 Base Year, 2023 Estimated year and Forecast till 2035 with Market Insights.


With the dip in global production, the GDP has contracted in 2020 and impacted the market across the world. Upon placing a Sample Request, you will receive an updated report with 2022 as base year, 2023 as estimated year and forecast to 2035. This will have market drivers, recovery rate in the market, insights and competitive analysis.



Market Overview:

Translate Report

The Global Minimally Invasive Glaucoma Surgery (MIGS) Devices Market is estimated at USD 180 million in 2021, and is anticipated to expand at a CAGR of 33% from 2022 to 2030. Insignificantly obtrusive glaucoma medical procedure (MIGS) gadgets can be are utilized in any glaucoma medical procedure that dodges conjunctival analyzation, and incorporates an abdominal muscle interno cut for the therapy of patients experiencing glaucoma. The approach of MIGS gadgets has changed the patients care with gentle to-direct glaucoma conditions. What's more, further developed security profile just as less time needed for recuperation after medical procedure when contrasted with more obtrusive strategies expands the interest for MIGS gadgets. This pushes makers to present effective MIGS gadgets like stents, shunts, and negligibly obtrusive inserts on the lookout. Also, glaucoma is the essential driver of irreversible visual deficiency across the globe, and it was assessed that around 5% of the worldwide populace experienced glaucoma in 2020. This has expanded the interest for MIGS gadgets in the treatment of glaucoma.

The key factors that help the market development remember ascend for weight of geriatric populace that is vulnerable to glaucoma. Moreover, meta-examination acted in 2014 presumed that number of individuals experiencing glaucoma is projected to increment throughout the long term particularly in the nations of Asia-Pacific, and Africa. Additionally, ascend sought after for medical procedures joining glaucoma, and waterfall supports the market development. Be that as it may, ominous repayment for negligibly obtrusive glaucoma medical procedure gadgets is expected to hamper the market development. Further, high inclination showed by patients for careful treatment of glaucoma when contrasted with glaucoma meds offers worthwhile freedoms for the development of the market.

Medical procedure Segment Review:

In light of a medical procedure, the negligibly intrusive glaucoma medical procedure (MIGS) gadgets market is separated into glaucoma related to waterfall and independent glaucoma. Glaucoma related to waterfall fragment overwhelms the worldwide MIGS market in 2016, and is expected to keep up with this strength all through the figure period. Notwithstanding, expansion in research on the capability of stents in lessening the IOP during independent glaucoma medical procedures is seen in the new years. This adds to the strong development of the independent glaucoma medical procedures section in the worldwide MIGS gadgets market.

Item Form Segment Revie:

The insignificantly intrusive glaucoma medical procedure (MIGS) gadgets market sectioned dependent on item, is isolated into MIGS stents, MIGS shunts, and other. Different items used in insignificantly intrusive glaucoma medical procedures incorporate new laser strategies, miniature inserts, and microcatheters. MIGS stents portion created the most noteworthy income in 2016, and is expected to keep up with the pattern all through the figure period. Stents are used for huge scope in the negligibly intrusive glaucoma medical procedures. The most broadly acknowledged stents incorporate iStent (Glaukos Coproration), CyPass MicroStent (Alcon/Novartis), and Hydrus Microstent (Irvine).

In light of geology, the insignificantly obtrusive glaucoma medical procedure (MIGS) gadgets market is dissected across North America, Europe, Asia-Pacific, and LAMEA. North America overwhelmed the market representing most elevated offer in 2016, and is expected to proceed with its strength all through the conjecture period. While, Asia-Pacific enlisted quickest development from 2022-2030.

The report gives an exhaustive examination of the central members working in the worldwide insignificantly obtrusive glaucoma medical procedure (MIGS) gadgets market like Alcon Inc. (Novartis), Ellex Medical Lasers Ltd., Glaukos Corporation, Allergan Plc, Santen Pharmaceutical Co., Ltd., Lumenis, Ivantis, Inc., SOLX, Inc, iSTAR Medical, and InnFocus Inc. Different parts in the worth chain incorporate Bausch and Lomb Inc., Neomedix Corporation, IOPtima, Abbott Medical Optics, Inc., Topcon Corporation, New World Medical, Inc, Carl-Zeiss AG, and Optonol Ltd.

Key Benefits:

The investigation furnishes a top to bottom examination with the latest things and future assessments of the worldwide insignificantly intrusive glaucoma medical procedure (MIGS) gadgets market to clarify the fast approaching speculation pockets. Thorough investigation of the components that drive and confine the market development is given.

The quantitative examination of the business from 2022-2030 is given to empower the partners to profit by the overarching market openings. Broad examination of key sections of the business is given to comprehend the sorts of negligibly obtrusive glaucoma medical procedure (MIGS) gadgets utilized all around the world.

Central participants and their systems are dissected to comprehend the cutthroat viewpoint of the market.
Insignificantly Invasive Glaucoma Surgery (MIGS) Devices Market Key Segments:

By Surgery

Glaucoma in Conjunction with Cataract

Remain solitary Glaucoma

By Target

Trabecular Meshwork

Suprachoroidal Space

Others

Result

MIGS Stents

MIGS Shunts

Other

By End User

Eye Hospitals

Ophthalmology Clinics

Outpatient Surgical Centers

 


Geography Analysis:


The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:

  • North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys  & Opportunity Outlook
  • Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
  • Middle East and Africa  (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook

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