Glaucoma Surgery Devices Trends and Opportunities 2025-2034: A Comprehensive Guide to Growth Insights
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What Factors Are Driving the Anticipated Growth Rate of the Glaucoma Surgery Devices Market Through 2034?
In the past few years, the market size for glaucoma surgery devices has experienced considerable growth. The market size is forecasted to rise from $1.9 billion in 2024 to $2.14 billion in 2025, posting a compound annual growth rate (CAGR) of 12.9%. Contributing factors to this growth in the historical period include an aging population, a surge in glaucoma cases, heightened awareness and screening programs, development of healthcare infrastructure, insurance coverage, and reimbursement policies.
The market for glaucoma surgery devices is projected to experience swift expansion over the next several years, reaching a value of “$3.7 billion by 2029, with a compound annual growth rate (CAGR) of 14.6%. This rising trend during the predicted period is linked to several factors. These include the growth in the geriatric population worldwide, heightened awareness about health services, cooperative R&D efforts, the extension of healthcare services globally, as well as the tendency of patients to favor outpatient procedures. Key trends expected during the forecast period are the decentralization and resilience of grids, regulatory clime, technological evolution, integration of renewable energy solutions, and considerations for the environment.
Which Major Market Drivers Are Expected to Boost the glaucoma surgery devices Market’s Growth Potential?
The anticipated increase in glaucoma incidents is projected to positively impact the glaucoma surgery devices market. Glaucoma, a degenerative eye condition that harms the optic nerve, could result in irreversible visual impairment if not timely identified and treated. Glaucoma surgery devices are crucial in performing glaucoma surgeries and their introduction has made these surgeries safer, more efficient, and less intrusive, consequently upsurging their demand. For example, The Institute for Health Metrics and Evaluation (IHME), an independent global research center located in Seattle at the University of Washington, revealed in October 2024 that around 4.22 million individuals in the U.S. were afflicted with glaucoma in 2022, with an occurrence of 1.62% in adults aged 18+ and 2.56% in individuals aged 40+. Out of these numbers, approximately 1.49 million experienced vision-deteriorating glaucoma, impacting 0.57% of adults 18+ and 0.91% of adults 40+. Hence, the escalated frequency of glaucoma is projected to propel the glaucoma surgery devices market forward.
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Who Are the Major Industry Leaders Accelerating Growth in the Glaucoma Surgery Devices Market?
Major companies operating in the glaucoma surgery devices market include:
• Alcon_x000D_
• Johnson & Johnson_x000D_
• Abbott Laboratories_x000D_
• Carl Zeiss Meditec AG_x000D_
• Bausch & Lomb Inc._x000D_
Which Current Trends Are Having the Most Impact on the Glaucoma Surgery Devices Market?
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What Are the Primary Segments of the Glaucoma Surgery Devices Market and Their Roles in Growth Dynamics?
The glaucoma surgery devices market covered in this report is segmented –
1) By Product: Drainage Systems, Laser-Based Devices, Implants, Other Products
2) By Treatment: Open-Angle, Closed-Angle
3) By Type Of Surgery: Angle Closure Glaucoma Surgery, Aqueous Shunt Surgery, Laser Surgery, Other Type Of Surgeries
4) By Application: Conventional Glaucoma Surgeries, Minimally Invasive Glaucoma Surgeries
5) By End User: Eye Hospitals, Ophthalmology Clinics, Outpatient Surgical Centers
Subsegments:
1) By Drainage Systems: Tubes And Shunts, Collecting Devices, Valves
2) By Laser-Based Devices: Laser Trabeculoplasty, Laser Iridotomy Devices, Laser Cyclophotocoagulation Devices
3) By Implants: Gel Stents, Ahmed Glaucoma Valve Implants, Baerveldt Implants
4) By Other Products: Surgical Instruments, Diagnostic Devices, Surgical Kits
Which Regions Are Key Players in the Growth of the Glaucoma Surgery Devices Market?
North America was the largest region in the glaucoma surgery devices market in 2024. The regions covered in the glaucoma surgery devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
How Is the Scope and Reach of the Glaucoma Surgery Devices Market Defined?
Glaucoma surgery devices refer to various medical instruments and tools used to perform surgical procedures on the eye to treat glaucoma. The goal of surgical glaucoma treatment is to increase aqueous outflow capacity to decrease intraocular pressure. Glaucoma is a group of eye diseases that damage the optic nerve and can result in vision loss and blindness.
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