What is Glaucoma Surgical Devices?
Glaucoma is an ophthalmic disease that affects the optic nerve of the iris and progression of the same results in blindness and vision loss. According to the World Health Organization (WHO), glaucoma is the most cause of blindness across the world. Presently, there are no existing treatments for glaucoma; however, some commercially available therapies focus on reducing the intraocular pressure, which is responsible for the development and progression of the disease. The treatment for glaucoma starts with topical eye drops, which is an alternative used to delay surgery. The increasing global burden of glaucoma is expected to contribute to market growth over the forecast period.
The market study is broken down by Type (Punches, Forceps, Algerbrush, Probes, Diamond Knives, USC Marker, USC Planner, USC Shaver, Laser System, Glaucoma Drainage Device (Shunts, Stents, Implants, and Valve) and Others (Cannula, Speculum, Needle Holders, and Scissors)) and major geographies with country level break-up.
Research Analyst at AMA estimates that Players from European and United States will contribute to the maximum growth of Global Glaucoma Surgical Devices market throughout the predicted period.
Essilor International (France), Alcon, Inc. (Switzerland), Johnson & Johnson (United States), Bausch + Lomb (United States), Glaukos Corporation (United States), New World Medical, Inc. (United States), Ellex Medical Lasers Ltd. (Australia), Haag-Streit (Switzerland), Topcon Corporation (Japan), Carl Zeiss Meditec (Germany), NIDEK (Japan) and STAAR Surgical (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Lumenis Ltd. (Israel), Allergan Plc. (Ireland), Ziemer Ophthalmic Systems (Switzerland), HumanOptics AG (Germany), Sonomed Escalon (United States) and PhysIOL S.A. (Belgium).
AdvanceMarketAnalytics has segmented the market of Global Glaucoma Surgical Devices market by Type, Application and Region.
On the basis of geography, the market of Glaucoma Surgical Devices has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Surgery Type, the sub-segment i.e. Traditional Glaucoma Surgery (Trabeculectomy, and Tube Shunt Surgery) will boost the Glaucoma Surgical Devices market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Hospitals will boost the Glaucoma Surgical Devices market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
On 21 st November 2019, Glaukos Corporation, an ophthalmic medical technology, and pharmaceutical company focused on novel therapies for the treatment of glaucoma, corneal disorders, and retinal diseases have announced that it has completed its previously announced acquisition of Avedro, Inc.
- Increase in Health Care Expenditure
- Rise in the Number of Glaucoma Cases, Easy Availability of Medical Insurance Coverage for Diagnosis and Treatment
- Increasing in Demand for Minimally Invasive Glaucoma Surgeries
- Increase in Geriatric Population across the Globe
- Technological Advancement and Development in the Manufacturing of Glaucoma Surgical Devices
- Less Awareness About the Glaucoma Surgery in Under Developed Countries
- Lack of Skilled Working Professionals
Key Target AudienceGlaucoma Surgical Devices Manufacturers, Research Organizations and Consulting Companies, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors, End Users and Others
About ApproachDuring this study the evaluation and validation of the market size is done through various sources including primary and secondary analysis. AMA Research & Media follows industrial and regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.
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