Global Glaucoma Surgery Devices Market

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 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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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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Global Glaucoma Surgery Devices Market

Report ID: SQMIG35A2402

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