Global Glaucoma Surgical Devices Market is Expected to Grow Rapidly at A CAGR of 41%

Date: 2015-12-22

The report predicts the global glaucoma surgical devices market to grow rapidly at a CAGR of 41% during the forecast period.

The global glaucoma surgical devices market is fragmented due to the presence of many global and local players. The vendors that can develop products that are safe, easy to use, widely available, and cost-effective are expected to thrive in this market during the forecast period.

Microinvasive glaucoma surgery or minimally invasive glaucoma surgery is an advanced procedure with minimum adverse effects. It us of two types: ab interno and ab externo. Ab interno microinvasive glaucoma surgeries include the use of suprachoroidal shunts and intracanalicular scaffolds. Ab externo microinvasive glaucoma surgeries include the use of canaloplasty devices and suprachoroidal Gold microshunts.

According to the report, age-related changes in the body cause a gradual slowdown of the body functioning and immune system, exposing a person to various risk factors. Aging can cause certain areas of the eyes to become less elastic. Macular degeneration, cataracts, dry eye syndrome, refractive errors, and glaucoma are the most prevalent diseases in people over 40.

Further, the report states that regulatory bodies have imposed stringent labeling requirements and regulatory framework for glaucoma surgical devices. These regulations are often country-specific. Some of these devices, such as laser-based products, are considered high-risk and have to undergo a safety examination to demonstrate medical efficacy before being approved by regulatory agencies.

The leading vendors are:

Abbott Medical Optics
Carl Zeiss Meditec
Ellex Medical
Other prominent vendors are:

A.R.C. Laser
Molteno Ophthalmic
Transcend Medical
New World Medical
Valve Implants.


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