MarkNtel Advisors recently published a detailed industry analysis of the Global Glaucoma Drainage Devices Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.

Global Glaucoma Drainage Devices Market, Share, and Trends Analysis Report – Industry Overview and Forecast to 2030

The Glaucoma Drainage Devices Market size was valued at around USD 716 million in 2024 and is projected to reach USD 1,300 million by 2030. Along with this, the market is estimated to grow at a CAGR of around 10.56% during the forecast period, i.e., 2025-30.

Key Findings in Global Glaucoma Drainage Devices Market:

• Historical Analysis: 2020–2023
• Base Year: 2024
• Forecast Period: 2025–2030

Leading Market Players- Johnson & Johnson, AbbVie Inc., Alcon Inc., Glaukos Corporation, NovaEye Medical Limited, iSTAR Medical, Rheon-medical, New World Medical Inc., Aurolab, Santen Pharmaceutical Co., Ltd., Advanced Ophthalmic Innovations Pte Ltd., and others

Key Highlights of the Report

• Market Dimensions & Projections
• Pricing Evaluation,
• Recent Strategic Moves by Companies,
• Primary Stakeholders,
• Analysis of Import and Export Trends,
• Competitive Landscape Assessment,
• Emerging Opportunities,
• Market Trends and Indicators

What are the major Driver the Global Glaucoma Drainage Devices industry?

Rising Prevalence of Glaucoma Worldwide – The global market for glaucoma drainage devices is significantly encouraged by the growing prevalence of glaucoma. Glaucoma is the second most common cause of blindness globally affecting over seventy-six million human beings in 2020 and is expected to reach 111 million by 2040 according to the World Health Organization. While primary angle-closure glaucoma is more common in Asia, primary open-perspective glaucoma makes up nearly seventy-five percent of all glaucoma instances, mainly in North America and Europe. Advanced drainage devices like the Ahmed Glaucoma Valve and Xen Gel Stent are in more demand because of the growing global disease burden. These devices allow for higher control of intraocular strain and reduce the threat of blindness.

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What segments define the Global Glaucoma Drainage Devices Market from 2025 to 2030? How do these segments contribute to market dynamics and growth?

By Product Type

• Conventional Glaucoma Drainage Devices- Market Size & Forecast 2020-2030, USD Million
• Valveless Glaucoma Drainage Devices- Market Size & Forecast 2020-2030, USD Million
• Valved Glaucoma Drainage Devices- Market Size & Forecast 2020-2030, USD Million
• Minimally Invasive Glaucoma Surgery (MIGS) Devices- Market Size & Forecast 2020-2030, USD Million
• Schlemm’s Canal MIGS Devices- Market Size & Forecast 2020-2030, USD Million
• Suprachoroidal MIGS Devices- Market Size & Forecast 2020-2030, USD Million
• Subconjunctival MIGS Devices- Market Size & Forecast 2020-2030, USD Million

According to report, Approximately 65% of the global market for glaucoma drainage devices is dominated by gadgets used in minimally invasive glaucoma surgery.

By End User

• Hospitals- Market Size & Forecast 2020-2030, USD Million
• Specialty Clinics- Market Size & Forecast 2020-2030, USD Million
• Others- Market Size & Forecast 2020-2030, USD Million

According to report, About 55% of the global market for glaucoma drainage devices is held by the hospital segment. 

Explore the Complete Global Glaucoma Drainage Devices Market Analysis Report – https://www.marknteladvisors.com/research-library/glaucoma-drainage-devices-market.html

Geographical Analysis: Global Glaucoma Drainage Devices Market

 By Region

• North America
• South America
• Europe
• The Middle East & Africa
• Asia-Pacific

The Global Glaucoma Drainage Devices Industry Recent Development:

• July 2024: Alcon acquired BELKIN Vision for USD 81M, expanding its glaucoma portfolio with Direct Selective Laser Trabeculoplasty. The deal enhances first-line SLT adoption, following FDA clearance.
• November 2024: Santen launched Rhopressa in South Korea for open-angle glaucoma and ocular hypertension. This marks its first Asia launch, following the UK and Sweden, enhancing treatment options for glaucoma patients worldwide.

Key Questions Addressed in This Study

• What are the primary factors driving the growth of the Global Glaucoma Drainage Devices Market?
• How is the Global Glaucoma Drainage Devices Market expected to evolve over the next five years?
• What key insights can be drawn from current trends shaping the market?
• What is the current market size, and how is it forecasted to change in the coming years?
• What is the future outlook for the market in terms of technological innovation and geographic expansion?

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Why MarkNtel Advisors?

MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

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