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Global Glaucoma Surgery Devices Market 2019-2023|Industry Analysis and Forecast - Technavio

January 8, 2019

LONDON--(BUSINESS WIRE)--Jan 8, 2019-- analysts forecast the global glaucoma surgery devices market to grow at a CAGR of around 31% during the forecast period, according to their latest market research report.

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Technavio has published a new market research report on the global glaucoma surgery devices market from 2019-2023. (Photo: Business Wire)

The increasing adoption of SLT as primary therapy is one of the major trends being witnessed in the . SLT is a highly effective first-line glaucoma therapy, which is effective as an adjunct therapy with drugs as well as an alternative therapy in cases of failed surgery and low effectiveness of drugs. SLT is recommended when ALT fails to deliver the expected clinical outcomes and it does not destroy cells but rather agitates cells.

This report is available at a USD 1,000 discount for a limited time only:

According to Technavio analysts, one of the key factors contributing to the growth of global glaucoma surgery devices market is the increasing prevalence of glaucoma:

Global glaucoma surgery devices market: Increasing prevalence of glaucoma

Glaucoma is a chronic condition that involves an uncontrolled increase in IOP. The patients with glaucoma need to continue treatment for the rest of their lives. It can lead to progressive, irreversible vision loss and blindness and is the second-leading cause of blindness globally. Around one in every 10 people with glaucoma experience, vision loss and the increase in IOP is considered as a major risk factor for glaucoma progression.

According to a senior research analyst at Technavio, “Globally, the prevalence of glaucoma is anticipated to increase from approximately 73 million patients in 2017 to 91 million in 2025. OAG is the most common form of glaucoma and accounts for approximately 70%-75% of all glaucoma cases. Around 50% of glaucoma patients are non-compliant to their medication. Laser surgery is recommended for people who fail to adhere to strict schedules of administering eye drops. Surgery is also recommended for patients when medication is unable to adequately control IOP.”

Global glaucoma surgery devices market: Segmentation analysis

The global glaucoma surgery devices market research report provides market segmentation by product (MIGS devices, laser therapy devices, and conventional therapy devices) and by region (the Americas, EMEA, and APAC). It provides an in-depth analysis of the prominent factors influencing the market, including drivers, opportunities, trends, and industry-specific challenges.

The MIGS devices segment held the largest glaucoma surgery devices market share in 2018, accounting for nearly 46% of the market. This product segment is expected to dominate the global market throughout the forecast period.

The Americas held the largest share of the market in 2018, followed by EMEA and APAC respectively. The Americas is expected to dominate the market throughout the period 2019-2023.

Looking for more information on this market?

Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.

Some of the key topics covered in the report include:

Market Landscape

Market ecosystem Market characteristics Market segmentation analysis

Market Sizing

Market definition Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

Regional comparison Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

Vendors covered Vendor classification Market positioning of vendors Competitive scenario

About Technavio

is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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CONTACT: Technavio Research

Jesse Maida

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www.technavio.com

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INDUSTRY KEYWORD: PROFESSIONAL SERVICES CONSULTING

SOURCE: Technavio Research

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PUB: 01/08/2019 10:20 AM/DISC: 01/08/2019 10:20 AM

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