Healthcare

Global Micro-Invasive Glaucoma Implants Market Key Insights, Profiling Companies and Growth Strategies Forecast to 2026

Global Micro-Invasive Glaucoma Implant Market is expected to rise from its initial estimated value of USD 8.45 billion to an estimated value of USD 12.21 billion by 2026, registering a CAGR of 4.71% in the forecast period of 2019-2026. Increasing cases of glaucoma is major factor for the growth of this market.

Global Micro-Invasive Glaucoma Implants Market By Procedure (Trabecular Micro-Bypass Shunt, Hydrus Micro-Stent, Trabectome, Gonioscopy-Assisted Transluminal Traculomotomy, Kahook Dual Blade, Trab 360, Ab-Interno Canaloplasty, Supraciliary Microstenting), Impant Model (Long, Thin Tube, Large), End- User (Eye Hospitals, Opthalmology Clinics, Outpatient Surgical Centers), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends & Forecast to 2026.

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Market Analysis: Global Micro-Invasive Glaucoma Implant Market

Global Micro-Invasive Glaucoma Implant Market is expected to rise from its initial estimated value of USD 8.45 billion to an estimated value of USD 12.21 billion by 2026, registering a CAGR of 4.71% in the forecast period of 2019-2026. Increasing cases of glaucoma is major factor for the growth of this market.

Market Definition: Global Micro-Invasive Glaucoma Implant Market

Micro-invasive glaucoma implants is performed for the treatment of the open- angle glaucoma and is done through an ab- interno approach. It is very safe and provides faster recovery as compared to the traditional methods. They usually lower the intraocular by increasing the flow or reducing the production of the aqueous humor. Increasing cases of the glaucoma worldwide is the major factor fueling the growth of this market.

Market Drivers

  • Increasing aging population is driving the growth of this market
  • Rising cases of glaucoma and contract is another factor driving the growth of this market

Market Restraints

  • Lack of awareness about glaucoma among population is restraining the growth of this market
  • Dearth of skilled and trained professional is another restraining the market growth

Segmentation: Global Micro-Invasive Glaucoma Implant Market

By Procedure

  • Trabecular Micro-Bypass Shunt
  • Hydrus Micro-Stent, Trabectome
  • Gonioscopy-Assisted Transluminal Traculomotomy
  • Kahook Dual Blade
  • Trab 360
  • Ab-Interno Canaloplasty
  • Supraciliary Microstenting

By Impant Model

  •  Long
  •  Thin Tube
  •  Large

By End- User

  • Eye Hospitals
  • Opthalmology Clinics
  • Outpatient Surgical Centers

Key Developments in the Market:

  • In July 2016, Santen Pharmaceutical Co., Ltd. announced that they have acquired Innfocus who are developer of the Microshunt glaucoma implant device. This acquisition will help the Satan to strengthen their glaucoma portfolio and Microshunt will help the patients to get better treatment.
  • In February 2016, Alcon announced that they have acquired Transcend Medical so that they expand their surgery portfolio. This acquisition will help the company to develop new treatment and solutions for glaucoma and will help the Alcon to expand their business worldwide.

Competitive Analysis: Global Micro-Invasive Glaucoma Implant Market

Global micro-invasive glaucoma implants market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of micro-invasive glaucoma implants market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

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Key Market Competitors: Global Micro-Invasive Glaucoma Implant Market

Few of the major competitors currently working in the global micro-invasive glaucoma implants market are Alcon, Bausch & Lomb Incorporated., Carl Zeiss AG, Johnson & Johnson Vision Care Inc, Lumenis., Glaukos Corporation., Ellex Medical Lasers, IRIDEX Corporation, HAAG-STREIT GROUP, Ziemer Ophthalmic Systems, Sonomed Escalon, HumanOptics,  PhysIOL, Essilor, NIDEK CO., LTD., Santen Pharmaceutical Co., Ltd.

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