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Micro-Invasive Glaucoma Surgery Devices Market Is Expected to Witness the Highest Growth by 2024 Major Players Glaukos, Alcon, Allergan, Ivantis

The Global Minimally Invasive Glaucoma Surgery (MIGS) Devices Market was valued at $144 million in 2016, and is expected to reach $918 million by 2024, registering a CAGR of 30.5% from 2019 to 2024.

 

Ontario, CA -- (SBWIRE) -- 04/07/2020 -- Minimally invasive glaucoma surgery (MIGS) devices can be are employed in any glaucoma surgery that avoids conjunctival dissection, and includes an ab interno incision for the treatment of patients suffering from glaucoma. The advent of MIGS devices has transformed the patients care with mild-to-moderate glaucoma conditions. In addition, improved safety profile as well as less time required for recovery after surgery as compared to more invasive techniques increases the demand for MIGS devices. This propels manufacturers to introduce efficient MIGS devices such as stents, shunts, and minimally invasive implants in the market. Moreover, glaucoma is the primary cause of irreversible blindness across the globe, and it was estimated that around 4% of the global population suffered from glaucoma in 2014. This has increased the demand for MIGS devices in the treatment of glaucoma.

The key factors that boost the market growth include rise in burden of geriatric population that is susceptible to glaucoma. In addition, meta-analysis performed in 2014 concluded that number of people suffering from glaucoma is projected to increase over the years especially in the countries of Asia-Pacific, and Africa. Moreover, rise in demand for surgeries combining glaucoma, and cataract boosts the market growth.

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Segment by Key players:
- Glaukos
- Alcon
- Allergan
- Ivantis
- Santen Pharmaceuticals
- InnFocus

Segment by Type:
- Bench-Top
- Portable

Segment by Application:
- Hospital Outpatient Departments
- Ambulatory Surgery Centers

Segment by Regions:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa

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Table of Content:

1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Micro-Invasive Glaucoma Surgery Devices Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Micro-Invasive Glaucoma Surgery Devices Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Micro-Invasive Glaucoma Surgery Devices Market - Supply Chain
4.5. Global Micro-Invasive Glaucoma Surgery Devices Market Forecast
4.5.1. Micro-Invasive Glaucoma Surgery Devices Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Micro-Invasive Glaucoma Surgery Devices Market Size (000' Units) and Y-o-Y Growth
4.5.3. Micro-Invasive Glaucoma Surgery Devices Market Absolute $ Opportunity

5. Global Micro-Invasive Glaucoma Surgery Devices Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Micro-Invasive Glaucoma Surgery Devices Market Size and Volume Forecast by Type
5.3.1. Fabricated Frame
5.3.2. Tube and Coupler
5.3.3. Mobile
5.3.4. Pole
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Micro-Invasive Glaucoma Surgery Devices Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Micro-Invasive Glaucoma Surgery Devices Market Size and Volume Forecast by Application
6.3.1. Personal Decoration
6.3.2. Commercial Decoration
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Micro-Invasive Glaucoma Surgery Devices Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Micro-Invasive Glaucoma Surgery Devices Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Micro-Invasive Glaucoma Surgery Devices Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Micro-Invasive Glaucoma Surgery Devices Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Micro-Invasive Glaucoma Surgery Devices Demand Share Forecast, 2019-2029

Continued……

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