Dublin, March 16, 2023 (GLOBE NEWSWIRE) -- The "Global Glaucoma Surgery Devices Market (2023-2028) by Product, Surgery Method, End-Users, and Geography, Competitive Analysis, Impact of Covid-19, Impact of Economic Slowdown & Impending Recession with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.
The Global Glaucoma Surgery Devices Market is estimated to be USD 2.15 Bn in 2023 and is expected to reach USD 3.85 Bn by 2028, growing at a CAGR of 12.34%.
Market Dynamics
Drivers
- Increasing Prevalence of Glaucoma
- Rising Preference for Minimally Invasive Surgeries
- Initiatives to Reduce Burden of Glaucoma
Restraints
- Stringent Government Regulations
Opportunities
- R&D in Glaucoma Surgery Devices
- Emerging Demand from Developing Regions for Glaucoma Surgeries
Challenges
- Dearth Of Awareness on Glaucoma and Related Surgery Devices
- Probable Risks Such as Infection, Hypotony, and Bleeding in the Eye
Market Segmentations
The Global Glaucoma Surgery Devices Market is segmented based on Product, Surgery Method, End-Users, and Geography.
- By Product, the market is classified into Algerbrush, Diamond Knives, Forceps, Glaucoma Drainage Device, Laser System, Probes, Punches, USC Marker, USC Planner, and USC Shaver.
- By Surgery Method, the market is classified into Laser Surgery, Minimal Invasive Glaucoma Surgery, and Traditional Glaucoma Surgery.
- By End-Users, the market is classified into Hospitals and Ophthalmic Clinics.
- By Geography, the market is classified into Americas, Europe, Middle-East & Africa, and Asia-Pacific.
Competitive Quadrant
The report includes a Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.
Ansoff Analysis
The report presents a detailed Ansoff matrix analysis for the Global Glaucoma Surgery Devices Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development, and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.
The analyst analyses the Global Glaucoma Surgery Devices Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.
Based on the SWOT analysis conducted on the industry and industry players, the analyst has devised suitable strategies for market growth.
Why buy this report?
- The report offers a comprehensive evaluation of the Global Glaucoma Surgery Devices Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
- The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
- The report includes an in-depth market analysis using Porter's 5 forces model, PESTLE Analysis, and the Ansoff Matrix. In addition, the impact of COVID-19 and the impact of economic slowdown & impending recession on the market are also featured in the report.
- The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
- The report also contains the competitive analysis using Positioning Quadrants, the analyst's competitive positioning tool.
Report Highlights:
- A complete analysis of the market, including parent industry
- Important market dynamics and trends
- Market segmentation
- Historical, current, and projected size of the market based on value and volume
- Market shares and strategies of key players
- Recommendations to companies for strengthening their foothold in the market
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 196 |
| Forecast Period | 2023 - 2028 |
| Estimated Market Value (USD) in 2023 | $2.15 Billion |
| Forecasted Market Value (USD) by 2028 | $3.85 Billion |
| Compound Annual Growth Rate | 12.3% |
| Regions Covered | Global |
Key Topics Covered:
1 Report Description
2 Research Methodology
3 Executive Summary
4 Market Dynamics
5 Market Analysis
6 Global Glaucoma Surgery Devices Market, By Product
7 Global Glaucoma Surgery Devices Market, By Surgery Method
8 Global Glaucoma Surgery Devices Market, By End-User
9 Americas' Glaucoma Surgery Devices Market
10 Europe's Glaucoma Surgery Devices Market
11 Middle East and Africa's Glaucoma Surgery Devices Market
12 APAC's Glaucoma Surgery Devices Market
13 Competitive Landscape
14 Company Profiles
15 Appendix
Companies Mentioned
- 3M Co.
- Abbott Medical Optics
- Abbvie Inc.
- Alcon Inc.
- Allergan PLC
- ASICO
- Carl Zeiss Meditec Ag
- Danaher Corp.
- Glaukos Corp.
- Iridex Corp.
- Johnson & Johnson
- Katalyst Surgical
- Lumenis Ltd.
- Medtronic PLC
- New World Medical Inc.
- Novartis Ag
- Santen Pharmaceutical Co. Ltd.
- Siemens Healthcare GmbH
- Topcon Corp.
- Ziemer Ophthalmic Systems Ag
For more information about this report visit https://www.researchandmarkets.com/r/fzu6y7
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