Glaucoma Surgery Devices Market Size, Share, Growth Analysis, By Product(Glaucoma Drainage Device (Valves, Glaucoma Drainage Implant, Glaucoma Tube Shunts, Stents)), By Surgery Method(Traditional Glaucoma Surgery (Trabeculectomy, Tube Shunt Surgery), Minimal Invasive Glaucoma Surgery (Trabecular Meshwork Bypass, Suprachoroidal Space Implants), By End-use(Hospitals, Ophthalmic Clinics, Others), By Region - Industry Forecast 2025-2032


Report ID: SQMIG35A2402 | Region: Global | Published Date: October, 2024
Pages: 157 |Tables: 64 |Figures: 75

Glaucoma Surgery Devices Market Insights

Glaucoma Surgery Devices Market size was valued at USD 1.47 Billion in 2023 and is poised to grow from USD 1.54 Billion in 2024 to USD 2.22 Billion by 2032, growing at a CAGR of 4.70% during the forecast period (2025-2032).

Rapidly increasing incidence of glaucoma around the world owing to high prevalence of diabetes and poor lifestyle choices are expected to bolster the sales of glaucoma surgery devices over the coming years. Increasing geriatric population base around the world is also slated to create new opportunities for glaucoma surgery device providers in the future. Growing awareness regarding glaucoma and increasing demand for treatment of the same via surgery is also slated to benefit glaucoma surgery devices market growth over the coming years. Advancements in glaucoma surgery device technologies and the launch of new screening programs by governments are also creating new business scope for glaucoma surgery device companies in the long run. On the contrary, high costs of glaucoma surgery devices, dearth of skilled ophthalmic surgeons, and risk of post-surgical complications are estimated to impede the demand for glaucoma surgery devices across the study period and beyond.  

US Glaucoma Surgery Devices Market is poised to grow at a sustainable CAGR for the next forecast year.

Market snapshot - 2025-2032

Global Market Size

USD 339.18 million

Largest Segment

Glaucoma drainage devices

Fastest Growth

Glaucoma drainage devices

Growth Rate

25.14% CAGR

Global Glaucoma Surgery DevicesMarket ($ Bn)
Country Share for North America Region (%)

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Glaucoma Surgery Devices Market Segmental Analysis

Global Glaucoma Surgery Devices Market is segmented by Product, Surgery Method, End-use, and region. Based on Product, the market is segmented into Glaucoma Drainage Device, Traditional Surgery Devices, Diamond Knives, Laser Systems, and Others. Based on Surgery Method, the market is segmented into Traditional Glaucoma Surgery, Minimal Invasive Glaucoma Surgery, and Laser Surgery. Based on End-use, the market is segmented into Hospitals, Ophthalmic Clinics, and Others. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & and Africa. 

Analysis by Product Type 

Glaucoma drainage devices are projected to account for a major chunk of the global glaucoma surgery devices market share over the coming years. Extensive use of glaucoma drainage devices in management of glaucoma in regulating the flow of aqueous humor, reducing intraocular pressure, and preventing optic nerve damage aids its dominance. Better patient outcomes and reduced reliance on post-operative medications are some key benefits associated with the adoption of glaucoma drainage devices. Glaucoma drainage devices are further segmented into valves, glaucoma drainage implant, glaucoma tube shunts, and stents.  

On the other hand, the demand for diamond knives is projected to surge at a notable pace in the future. High accuracy and delicacy offered by diamond knives for any kind of surgical eye operation makes them a popular choice for glaucoma surgeries. Growing demand for highly precise incisions in delicate eye tissues in glaucoma surgeries is also forecasted to help bolster the sales of glaucoma surgery devices across the study period and beyond.  Trabeculectomy, deep sclerectomy, and canaloplasty are some common procedures in which the demand for diamond knives is expected to rise at a robust CAGR through 2031. 

Analysis by End User 

Hospitals are estimated to spearhead the global sales of glaucoma surgery devices over the coming years. High availability of advanced glaucoma treatments and medical professionals allows hospitals to spearhead the global demand for glaucoma surgery devices in the future. Growing emphasis of hospitals in investing in acquisition of advanced medical equipment and rising preference of patients to perform surgeries in hospitals are key factors contributing to the dominance of this segment. Availability of better pre and post-surgery care facilities in hospitals is also expected to bolster the adoption of glaucoma surgery devices in hospitals in the long run.  

Meanwhile, the demand for glaucoma surgery devices in ophthalmic clinics is forecasted to increase at a rapid pace across the study period and beyond. Growing number of ophthalmic clinics around the world and increasing number of glaucoma patients turning towards such clinics for treatment are creating new opportunities for glaucoma surgery devices providers. Ophthalmic clinics are especially gaining huge popularity in underdeveloped and developing countries owing to limited spending potential of patients in such countries. Efforts to improve accessibility to ophthalmic care around the world are also expected to create new opportunities for glaucoma surgery devices companies targeting this segment going forward.  

Global Glaucoma Surgery DevicesMarket By End User

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Glaucoma Surgery Devices Market Regional Insights

North America is predicted to spearhead the demand for glaucoma surgery devices in the world. The presence of a massive geriatric population, high incidence of diabetes, and poor lifestyles of people in this region are aiding the high share of North America. Moreover, high healthcare expenditure coupled with quick adoption of minimally invasive glaucoma surgeries are also slated to create new opportunities for glaucoma surgery device providers in this region. The United States and Canada are estimated to emerge as the most opportune markets in the North American region in the future.  

The Asia Pacific region is emerging as the fastest-expanding market for glaucoma surgery device companies in the world. Rising investments in healthcare infrastructure development, increasing awareness regarding glaucoma, and the rapidly expanding senescent population are key drivers for glaucoma surgery devices market development in this region. Japan, India, and China are estimated to be the top markets for glaucoma surgery device providers focusing on making a mark in this region. Growing obesity and diabetes in this region are also expected to create more opportunities for glaucoma surgery device companies in the long run. 

Global Glaucoma Surgery DevicesMarket By Region
  • Largest
  • Fastest

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Glaucoma Surgery Devices Market Dynamics

Glaucoma Surgery Devices Market Drivers 

High Incidence of Glaucoma 

  • Rapidly increasing number of people suffering from irreversible blindness due to high incidence of glaucoma is projected to primarily augment the demand for glaucoma surgery devices over the coming years. Changes in lifestyles and eating habits along with surge in incidence of diabetes are resulting in increasing prevalence of glaucoma on a global level. 

Increasing Senescent Population 

  • The geriatric population around the world is increasing at a rapid pace and this is also expected to boost sales of glaucoma surgery devices in the future. Aged people are more at risk of suffering from glaucoma and as their population rises, it is also forecasted to bolster the glaucoma surgery devices market outlook in the future.  

Glaucoma Surgery Devices Market Restraints 

High Costs of Glaucoma Surgery Devices 

  • Glaucoma surgery devices are highly expensive as they utilize advanced technologies, which in turn reduce their affordability and access among patients with limited spending potential. The high costs of glaucoma surgery devices increase the cost of overall surgery and reduce accessibility in low to middle income countries going forward.  

Risk of Post-surgical Complications 

  • Despite advancements in technologies and safety of glaucoma surgery devices, they still run the risk of infection, scarring, or improper implant placement leading to post-surgical complications among patients undergoing glaucoma surgery. Rising awareness regarding these complications is expected to slow down the global glaucoma surgery devices industry in the future. 

 

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Glaucoma Surgery Devices Market Competitive Landscape

Developing glaucoma surgery devices that are affordable should be the prime focus of glaucoma surgery device providers in the future. Collaborations and acquisitions are also expected to emerge as key opportunities for glaucoma surgery device companies going forward. Entering emerging markets is also expected to present new opportunities for glaucoma surgery device suppliers.  

Glaucoma Surgery Devices Market Top Player’s Company Profiles

  • Alcon Inc. (Switzerland)
  • Glaukos Corporation (US) 
  • Johnson & Johnson Vision (US) 
  • ASICO, LLC (US) 
  • Carl Zeiss Meditec AG (Germany) 
  • Ziemer Ophthalmic Systems AG (Switzerland) 
  • Iridex Corporation (US) 
  • Altomed (UK) 
  • New World Medical, Inc. (US) 
  • Ellex Medical Lasers Ltd. (Australia) 
  • Topcon Corporation (Japan) 
  • BVI Medical, Inc. (US) 
  • MicroSurgical Technology (MST) (US) 
  • Molteno Ophthalmic Ltd. (New Zealand) 
  • OptoMedica Corporation (US) 
  • iStar Medical SA (Belgium) 
  • NeoMedix Corporation (US) 
  • Sight Sciences, Inc. (US) 
  • Aquesys, Inc. (US) 
  • IOP Ophthalmics (US) 
  • Katena Products, Inc. (US)

Glaucoma Surgery Devices Market Recent Developments

  • In Jully 2024, Alcon, a leading healthcare technology company focusing on ophthalmic care announced the acquisition of Belkin Vision for USD 81 million. Under this acquisition, Alcon expanded its presence in the global laser glaucoma treatment market.  
  • In December 2023, Ciliatech, a leading name in the glaucoma treatment space from the United Kingdom announced the release of a new design for a glaucoma surgery device. The new design of CID (cilioscleral interpositioning device) is intended to enhance its performance and safety.  
  • In April 2023, Nova Eye Medical Limited, a leading medical technology company focused on ophthalmic treatments announced that it had been granted a 510(k) clearance for its new canaloplasty device. The United States Food and Drug Administration cleared iTrack™ Advance for microcatheterization and viscodilation to reduce intraocular pressure (IOP).  

Glaucoma Surgery Devices Key Market Trends

  • Minimally Invasive Glaucoma Surgery: Glaucoma surgery device companies should focus on developing and launching new devices capable of performing minimally invasive surgeries. Growing preference for minimally invasive surgeries among people owing to faster recovery times and less hospitalization is projected to make this a key glaucoma surgery devices market trend in the long run.   
  • Development of Combination Devices: Glaucoma surgery device manufacturers should focus on the development of combination devices that not only treat glaucoma but also cataracts. These types of devices are expected to gain traction as patients suffer from multiple ocular conditions and surgeons focus on streamlining their surgery operations via combination devices.  

Glaucoma Surgery Devices Market SkyQuest Analysis

SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.  

As per SkyQuest analysis, growing awareness regarding ophthalmic health and rising incidence of glaucoma around the world are projected to drive sales of glaucoma surgery devices over the coming years. However, risk of infections and complications and high costs of glaucoma surgery devices are expected to impede market development in the future. Rapidly expanding geriatric population and presence of a developed healthcare infrastructure helps the dominance of the North American region going forward. Development of minimally invasive and combination devices is slated to present new opportunities for glaucoma surgery device suppliers in the long run. 

Report Metric Details
Market size value in 2023 USD 1.47 Billion
Market size value in 2032 USD 2.22 Billion
Growth Rate 4.70%
Base year 2024
Forecast period 2025-2032
Forecast Unit (Value) USD Billion
Segments covered
  • Product
    • Glaucoma Drainage Device (Valves, Glaucoma Drainage Implant, Glaucoma Tube Shunts, Stents), Traditional Surgery Devices (Scalpel, Forceps, Ophthalmic Scissors, Punch, Sutures, Surgical Drapes, Microcatheter, Others), Diamond Knives, Laser Systems, Others
  • Surgery Method
    • Traditional Glaucoma Surgery (Trabeculectomy, Tube Shunt Surgery), Minimal Invasive Glaucoma Surgery (Trabecular Meshwork Bypass, Suprachoroidal Space Implants, Subconjunctival Space Implants, Schlemm’s Canal Implants, Gonioscopy-assisted Transluminal Trabeculectomy, Endocyclophotocoagulation), Laser Surgery (Trabeculoplasty, Iridotomy, Cyclophotocoagulation)
  • End-use
    • Hospitals, Ophthalmic Clinics, Others
Regions covered North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
Companies covered
  • Alcon Inc. (Switzerland)
  • Glaukos Corporation (US) 
  • Johnson & Johnson Vision (US) 
  • ASICO, LLC (US) 
  • Carl Zeiss Meditec AG (Germany) 
  • Ziemer Ophthalmic Systems AG (Switzerland) 
  • Iridex Corporation (US) 
  • Altomed (UK) 
  • New World Medical, Inc. (US) 
  • Ellex Medical Lasers Ltd. (Australia) 
  • Topcon Corporation (Japan) 
  • BVI Medical, Inc. (US) 
  • MicroSurgical Technology (MST) (US) 
  • Molteno Ophthalmic Ltd. (New Zealand) 
  • OptoMedica Corporation (US) 
  • iStar Medical SA (Belgium) 
  • NeoMedix Corporation (US) 
  • Sight Sciences, Inc. (US) 
  • Aquesys, Inc. (US) 
  • IOP Ophthalmics (US) 
  • Katena Products, Inc. (US)
Customization scope

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Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Glaucoma Surgery Devices Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Glaucoma Surgery Devices Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)

Methodology

For the Glaucoma Surgery Devices Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Glaucoma Surgery Devices Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Glaucoma Surgery Devices Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the Glaucoma Surgery Devices Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.

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FAQs

Glaucoma Surgery Devices Market size was valued at USD 1.47 Billion in 2023 and is poised to grow from USD 1.54 Billion in 2024 to USD 2.22 Billion by 2032, growing at a CAGR of 4.70% during the forecast period (2025-2032).

Developing glaucoma surgery devices that are affordable should be the prime focus of glaucoma surgery device providers in the future. Collaborations and acquisitions are also expected to emerge as key opportunities for glaucoma surgery device companies going forward. Entering emerging markets is also expected to present new opportunities for glaucoma surgery device suppliers.   'Alcon Inc. (Switzerland)', 'Glaukos Corporation (US) ', 'Johnson & Johnson Vision (US) ', 'ASICO, LLC (US) ', 'Carl Zeiss Meditec AG (Germany) ', 'Ziemer Ophthalmic Systems AG (Switzerland) ', 'Iridex Corporation (US) ', 'Altomed (UK) ', 'New World Medical, Inc. (US) ', 'Ellex Medical Lasers Ltd. (Australia) ', 'Topcon Corporation (Japan) ', 'BVI Medical, Inc. (US) ', 'MicroSurgical Technology (MST) (US) ', 'Molteno Ophthalmic Ltd. (New Zealand) ', 'OptoMedica Corporation (US) ', 'iStar Medical SA (Belgium) ', 'NeoMedix Corporation (US) ', 'Sight Sciences, Inc. (US) ', 'Aquesys, Inc. (US) ', 'IOP Ophthalmics (US) ', 'Katena Products, Inc. (US)'

Minimally Invasive Glaucoma Surgery: Glaucoma surgery device companies should focus on developing and launching new devices capable of performing minimally invasive surgeries. Growing preference for minimally invasive surgeries among people owing to faster recovery times and less hospitalization is projected to make this a key glaucoma surgery devices market trend in the long run.   

North America is predicted to spearhead the demand for glaucoma surgery devices in the world. The presence of a massive geriatric population, high incidence of diabetes, and poor lifestyles of people in this region are aiding the high share of North America. Moreover, high healthcare expenditure coupled with quick adoption of minimally invasive glaucoma surgeries are also slated to create new opportunities for glaucoma surgery device providers in this region. The United States and Canada are estimated to emerge as the most opportune markets in the North American region in the future.  

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