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Other Global Minimally Invasive Glaucoma Surgery (MIGS) Devices Market Report 2018-2029

  • RnM3088345
    • |
  • 22 August, 2023
    • |
  • Global
    • |
  • 140 Pages
    • |
  • HJResearch
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  • Other

Glaucoma is a chronic eye condition that affects millions of people worldwide and is one of the leading causes of blindness. Minimally Invasive Glaucoma Surgery (MIGS) Devices refers to a group of medical devices used for treating glaucoma through less invasive surgical procedures than traditional surgeries. MIGS devices are designed to reduce intraocular pressure by improving aqueous outflow from the eye.

MIGS devices have gained popularity in recent years due to their efficacy in treating glaucoma while minimizing trauma to the eye, reducing postoperative complications, and decreasing dependence on medication. The devices can be divided into three categories: stents, micro-invasive devices, and laser-based devices. Stents involve placing tiny tubes or shunts in the eye to improve drainage. Micro-invasive devices use small incisions and miniature tools to target specific areas of the eye to reduce pressure, while laser-based devices utilize heat to shrink and modify the tissue of the eye's drainage system.

The global Minimally Invasive Glaucoma Surgery (MIGS) Devices market size is expected to reach US$298 million by 2022, with a compound annual growth rate of 30.4%. This remarkable growth is attributed to several factors, including a rising prevalence of glaucoma globally, increasing aging populations, advancements in technology, and a growing demand for less invasive surgical procedures.

The market for MIGS devices is segmented based on end-users, including hospitals, ambulatory surgical centers, and ophthalmology clinics. The hospital segment holds the largest market share, followed by ambulatory surgical centers and ophthalmology clinics. This trend is mainly due to the availability of advanced diagnostic and treatment facilities and the need for more complex surgical procedures in hospitals.

The major global manufacturers in the MIGS devices industry include Alcon, Ellex Medical Lasers, Glaukos, Allergan, Santen, Lumenis, Ivantis, Optonol, iSTAR Medical, InnFocus, Bausch＆Lomb, Neomedix, IOPtima, Abbott Medical Optics, Carl-Zeiss, and New World Medical.

North America currently holds the largest market share in the global MIGS devices market, followed by Europe and the Asia Pacific. This growth is attributed to the high prevalence of glaucoma in these regions, increased adoption of advanced medical technologies, and favorable reimbursement policies.

In conclusion, the MIGS devices industry has enormous growth potential due to increasing demand for less invasive surgical procedures, advancements in technology, and rising prevalence of glaucoma globally. The industry's key players invest heavily in research and development to drive innovation and maintain their market leadership. As the global aging population continues to grow, the demand for MIGS devices is expected to increase significantly, particularly in regions with high prevalence rates of glaucoma, creating opportunities for further growth and expansion within the industry.

The SWOT analysis of the Minimally Invasive Glaucoma Surgery (MIGS) Devices industry is as follows:

Strengths:
Growing Demand - The animal auto-immune disease diagnostics industry is experiencing growing demand due to the increasing incidence of animal autoimmune diseases.
Technological Advancements - The industry has seen significant technological advancements in recent years, resulting in more accurate diagnoses and better treatment options.
Diversified Product Portfolio - Industry players have developed a diverse range of diagnostic tools to cater to different animal species, making it easier for veterinarians to diagnose and treat autoimmune diseases.
Strong Regulatory Support - The industry is supported by strong regulatory agencies that ensure the safety and effectiveness of diagnostic tools.

Weaknesses:
Limited Awareness - Many pet owners and even some veterinarians are not aware of autoimmune diseases in animals, leading to a lack of diagnosis and treatment.
High Cost - The cost of autoimmune disease diagnostics and treatment can be expensive, limiting its accessibility to certain populations or regions.
Limited Availability - Specialized diagnostic tools may not be available in all regions, leading to delayed diagnosis and treatment.
Competition - The industry is highly competitive, with new entrants and established players vying for market share.

Opportunities:
Emerging Markets - Emerging markets, such as Asia Pacific and Latin America, present an opportunity for the animal autoimmune disease diagnostics industry to expand its customer base.
Personalized Medicine - Personalized medicine can offer opportunities for the development of new diagnostic tools that offer higher specificity and sensitivity.
Technological Innovations - Advances in artificial intelligence, machine learning, and genomics can offer opportunities for the development of innovative solutions for improved accuracy, efficiency, and speed.
Increased Pet Ownership - The growing trend of pet ownership worldwide is driving the demand for better healthcare solutions, including more advanced diagnostics for autoimmune diseases.

Threats:
Regulatory Compliance - The animal autoimmune disease diagnostics industry is subject to strict regulations and standards that can impact the industry's growth and adoption rate.
Cybersecurity Risks - Diagnostic tools and information systems are vulnerable to cyber attacks, leading to data breaches, system malfunctions, and privacy violations.
Low Awareness - A lack of awareness about autoimmune diseases in animals can lead to low demand for diagnostics and treatment options.
Economic Condition - Economic conditions and fluctuations can impact the industry's revenue potential, affecting its ability to invest in research and development.

Key players in global Minimally Invasive Glaucoma Surgery (MIGS) Devices market include:
Alcon
Ellex Medical Lasers
Glaukos
Allergan
Santen
Lumenis
Ivantis
Optonol
iSTAR Medical
InnFocus
Bausch＆Lomb
Neomedix
IOPtima
Abbott Medical Optics
Carl-Zeiss
New World Medical

Market segmentation, by product types:
Trabecular
Suprachoroidal
Subconjunctival

Market segmentation, by applications:
Hospital
Ambulatory surgical centers
Ophthalmology clinics


1 Industry Overview of Minimally Invasive Glaucoma Surgery (MIGS) Devices

  • 1.1 Research Scope
  • 1.2 Market Segmentation by Types of Minimally Invasive Glaucoma Surgery (MIGS) Devices
  • 1.3 Market Segmentation by End Users of Minimally Invasive Glaucoma Surgery (MIGS) Devices
  • 1.4 Market Dynamics Analysis of Minimally Invasive Glaucoma Surgery (MIGS) Devices
    • 1.4.1 Market Drivers
    • 1.4.2 Market Challenges
    • 1.4.3 Market Opportunities
    • 1.4.4 Porter’s Five Forces

2 Major Manufacturers Analysis of Minimally Invasive Glaucoma Surgery (MIGS) Devices Industry

  • 2.1 Alcon
    • 2.1.1 Company Overview
    • 2.1.2 Main Products and Specifications
    • 2.1.3 Minimally Invasive Glaucoma Surgery (MIGS) Devices Sales Volume, Revenue, Price and Gross Margin (2018-2023)
    • 2.1.4 Contact Information
  • 2.2 Ellex Medical Lasers
    • 2.2.1 Company Overview
    • 2.2.2 Main Products and Specifications
    • 2.2.3 Minimally Invasive Glaucoma Surgery (MIGS) Devices Sales Volume, Revenue, Price and Gross Margin (2018-2023)
    • 2.2.4 Contact Information
  • 2.3 Glaukos
    • 2.3.1 Company Overview
    • 2.3.2 Main Products and Specifications
    • 2.3.3 Minimally Invasive Glaucoma Surgery (MIGS) Devices Sales Volume, Revenue, Price and Gross Margin (2018-2023)
    • 2.3.4 Contact Information
  • 2.4 Allergan
    • 2.4.1 Company Overview
    • 2.4.2 Main Products and Specifications
    • 2.4.3 Minimally Invasive Glaucoma Surgery (MIGS) Devices Sales Volume, Revenue, Price and Gross Margin (2018-2023)
    • 2.4.4 Contact Information
  • 2.5 Santen
    • 2.5.1 Company Overview
    • 2.5.2 Main Products and Specifications
    • 2.5.3 Minimally Invasive Glaucoma Surgery (MIGS) Devices Sales Volume, Revenue, Price and Gross Margin (2018-2023)
    • 2.5.4 Contact Information
  • 2.6 Lumenis
    • 2.6.1 Company Overview
    • 2.6.2 Main Products and Specifications
    • 2.6.3 Minimally Invasive Glaucoma Surgery (MIGS) Devices Sales Volume, Revenue, Price and Gross Margin (2018-2023)
    • 2.6.4 Contact Information
  • 2.7 Ivantis
    • 2.7.1 Company Overview
    • 2.7.2 Main Products and Specifications
    • 2.7.3 Minimally Invasive Glaucoma Surgery (MIGS) Devices Sales Volume, Revenue, Price and Gross Margin (2018-2023)
    • 2.7.4 Contact Information
  • 2.8 Optonol
    • 2.8.1 Company Overview
    • 2.8.2 Main Products and Specifications
    • 2.8.3 Minimally Invasive Glaucoma Surgery (MIGS) Devices Sales Volume, Revenue, Price and Gross Margin (2018-2023)
    • 2.8.4 Contact Information
  • 2.9 iSTAR Medical
    • 2.9.1 Company Overview
    • 2.9.2 Main Products and Specifications
    • 2.9.3 Minimally Invasive Glaucoma Surgery (MIGS) Devices Sales Volume, Revenue, Price and Gross Margin (2018-2023)
    • 2.9.4 Contact Information
  • 2.10 InnFocus
    • 2.10.1 Company Overview
    • 2.10.2 Main Products and Specifications
    • 2.10.3 Minimally Invasive Glaucoma Surgery (MIGS) Devices Sales Volume, Revenue, Price and Gross Margin (2018-2023)
    • 2.10.4 Contact Information
  • 2.11 Bausch＆Lomb
    • 2.11.1 Company Overview
    • 2.11.2 Main Products and Specifications
    • 2.11.3 Minimally Invasive Glaucoma Surgery (MIGS) Devices Sales Volume, Revenue, Price and Gross Margin (2018-2023)
    • 2.11.4 Contact Information
  • 2.12 Neomedix
    • 2.12.1 Company Overview
    • 2.12.2 Main Products and Specifications
    • 2.12.3 Minimally Invasive Glaucoma Surgery (MIGS) Devices Sales Volume, Revenue, Price and Gross Margin (2018-2023)
    • 2.12.4 Contact Information
  • 2.13 IOPtima
    • 2.13.1 Company Overview
    • 2.13.2 Main Products and Specifications
    • 2.13.3 Minimally Invasive Glaucoma Surgery (MIGS) Devices Sales Volume, Revenue, Price and Gross Margin (2018-2023)
    • 2.13.4 Contact Information
  • 2.14 Abbott Medical Optics
    • 2.14.1 Company Overview
    • 2.14.2 Main Products and Specifications
    • 2.14.3 Minimally Invasive Glaucoma Surgery (MIGS) Devices Sales Volume, Revenue, Price and Gross Margin (2018-2023)
    • 2.14.4 Contact Information
  • 2.15 Carl-Zeiss
    • 2.15.1 Company Overview
    • 2.15.2 Main Products and Specifications
    • 2.15.3 Minimally Invasive Glaucoma Surgery (MIGS) Devices Sales Volume, Revenue, Price and Gross Margin (2018-2023)
    • 2.15.4 Contact Information
  • 2.16 New World Medical
    • 2.16.1 Company Overview
    • 2.16.2 Main Products and Specifications
    • 2.16.3 Minimally Invasive Glaucoma Surgery (MIGS) Devices Sales Volume, Revenue, Price and Gross Margin (2018-2023)
    • 2.16.4 Contact Information

3 Global Minimally Invasive Glaucoma Surgery (MIGS) Devices Market Analysis by Regions, Manufacturers, Types and End Users

  • 3.1 Global Sales Volume and Revenue of Minimally Invasive Glaucoma Surgery (MIGS) Devices by Regions (2018-2023)
  • 3.2 Global Sales Volume and Revenue of Minimally Invasive Glaucoma Surgery (MIGS) Devices by Manufacturers (2018-2023)
  • 3.3 Global Sales Volume and Revenue of Minimally Invasive Glaucoma Surgery (MIGS) Devices by Types (2018-2023)
  • 3.4 Global Sales Volume and Revenue of Minimally Invasive Glaucoma Surgery (MIGS) Devices by End Users (2018-2023)
  • 3.5 Selling Price Analysis of Minimally Invasive Glaucoma Surgery (MIGS) Devices by Regions, Manufacturers, Types and End Users in (2018-2023)

4 Northern America Minimally Invasive Glaucoma Surgery (MIGS) Devices Market Analysis by Countries, Types and End Users

  • 4.1 Northern America Minimally Invasive Glaucoma Surgery (MIGS) Devices Sales Volume and Revenue Analysis by Countries (2018-2023)
  • 4.2 Northern America Minimally Invasive Glaucoma Surgery (MIGS) Devices Sales Volume and Revenue Analysis by Types (2018-2023)
  • 4.3 Northern America Minimally Invasive Glaucoma Surgery (MIGS) Devices Sales Volume and Revenue Analysis by End Users (2018-2023)
  • 4.4 United States Minimally Invasive Glaucoma Surgery (MIGS) Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
  • 4.5 Canada Minimally Invasive Glaucoma Surgery (MIGS) Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)

5 Europe Minimally Invasive Glaucoma Surgery (MIGS) Devices Market Analysis by Countries, Types and End Users

  • 5.1 Europe Minimally Invasive Glaucoma Surgery (MIGS) Devices Sales Volume and Revenue Analysis by Countries (2018-2023)
  • 5.2 Europe Minimally Invasive Glaucoma Surgery (MIGS) Devices Sales Volume and Revenue Analysis by Types (2018-2023)
  • 5.3 Europe Minimally Invasive Glaucoma Surgery (MIGS) Devices Sales Volume and Revenue Analysis by End Users (2018-2023)
  • 5.4 Germany Minimally Invasive Glaucoma Surgery (MIGS) Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
  • 5.5 France Minimally Invasive Glaucoma Surgery (MIGS) Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
  • 5.6 UK Minimally Invasive Glaucoma Surgery (MIGS) Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
  • 5.7 Italy Minimally Invasive Glaucoma Surgery (MIGS) Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
  • 5.8 Russia Minimally Invasive Glaucoma Surgery (MIGS) Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
  • 5.9 Spain Minimally Invasive Glaucoma Surgery (MIGS) Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
  • 5.10 Netherlands Minimally Invasive Glaucoma Surgery (MIGS) Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)

6 Asia Pacific Minimally Invasive Glaucoma Surgery (MIGS) Devices Market Analysis by Countries, Types and End Users

  • 6.1 Asia Pacific Minimally Invasive Glaucoma Surgery (MIGS) Devices Sales Volume and Revenue Analysis by Countries (2018-2023)
  • 6.2 Asia Pacific Minimally Invasive Glaucoma Surgery (MIGS) Devices Sales Volume and Revenue Analysis by Types (2018-2023)
  • 6.3 Asia Pacific Minimally Invasive Glaucoma Surgery (MIGS) Devices Sales Volume and Revenue Analysis by End Users (2018-2023)
  • 6.4 China Minimally Invasive Glaucoma Surgery (MIGS) Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
  • 6.5 Japan Minimally Invasive Glaucoma Surgery (MIGS) Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
  • 6.6 Korea Minimally Invasive Glaucoma Surgery (MIGS) Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
  • 6.7 India Minimally Invasive Glaucoma Surgery (MIGS) Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
  • 6.8 Australia Minimally Invasive Glaucoma Surgery (MIGS) Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
  • 6.9 Indonesia Minimally Invasive Glaucoma Surgery (MIGS) Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
  • 6.10 Vietnam Minimally Invasive Glaucoma Surgery (MIGS) Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)

7 Latin America Minimally Invasive Glaucoma Surgery (MIGS) Devices Market Analysis by Countries, Types and End Users

  • 7.1 Latin America Minimally Invasive Glaucoma Surgery (MIGS) Devices Sales Volume and Revenue Analysis by Countries (2018-2023)
  • 7.2 Latin America Minimally Invasive Glaucoma Surgery (MIGS) Devices Sales Volume and Revenue Analysis by Types (2018-2023)
  • 7.3 Latin America Minimally Invasive Glaucoma Surgery (MIGS) Devices Sales Volume and Revenue Analysis by End Users (2018-2023)
  • 7.4 Brazil Minimally Invasive Glaucoma Surgery (MIGS) Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
  • 7.5 Mexico Minimally Invasive Glaucoma Surgery (MIGS) Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
  • 7.6 Argentina Minimally Invasive Glaucoma Surgery (MIGS) Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
  • 7.7 Colombia Minimally Invasive Glaucoma Surgery (MIGS) Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)

8 Middle East & Africa Minimally Invasive Glaucoma Surgery (MIGS) Devices Market Analysis by Countries, Types and End Users

  • 8.1 Middle East & Africa Minimally Invasive Glaucoma Surgery (MIGS) Devices Sales Volume and Revenue Analysis by Countries (2018-2023)
  • 8.2 Middle East & Africa Minimally Invasive Glaucoma Surgery (MIGS) Devices Sales Volume and Revenue Analysis by Types (2018-2023)
  • 8.3 Middle East & Africa Minimally Invasive Glaucoma Surgery (MIGS) Devices Sales Volume and Revenue Analysis by End Users (2018-2023)
  • 8.4 Turkey Minimally Invasive Glaucoma Surgery (MIGS) Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
  • 8.5 Saudi Arabia Minimally Invasive Glaucoma Surgery (MIGS) Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
  • 8.6 South Africa Minimally Invasive Glaucoma Surgery (MIGS) Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
  • 8.7 Egypt Minimally Invasive Glaucoma Surgery (MIGS) Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)

9 Marketing Channel, Distributors and Traders Analysis

  • 9.1 Marketing Channel
    • 9.1.1 Direct Channel
    • 9.1.2 Indirect Channel
  • 9.2 Distributors and Traders

10 Global Minimally Invasive Glaucoma Surgery (MIGS) Devices Market Forecast by Regions, Countries, Manufacturers, Types and End Users

  • 10.1 Global Sales Volume and Revenue Forecast of Minimally Invasive Glaucoma Surgery (MIGS) Devices by Regions (2024-2029)
  • 10.2 Global Sales Volume and Revenue Forecast of Minimally Invasive Glaucoma Surgery (MIGS) Devices by Types (2024-2029)
  • 10.3 Global Sales Volume and Revenue Forecast of Minimally Invasive Glaucoma Surgery (MIGS) Devices by End Users (2024-2029)
  • 10.4 Global Revenue Forecast of Minimally Invasive Glaucoma Surgery (MIGS) Devices by Countries (2024-2029)
    • 10.4.1 United States Revenue Forecast (2024-2029)
    • 10.4.2 Canada Revenue Forecast (2024-2029)
    • 10.4.3 Germany Revenue Forecast (2024-2029)
    • 10.4.4 France Revenue Forecast (2024-2029)
    • 10.4.5 UK Revenue Forecast (2024-2029)
    • 10.4.6 Italy Revenue Forecast (2024-2029)
    • 10.4.7 Russia Revenue Forecast (2024-2029)
    • 10.4.8 Spain Revenue Forecast (2024-2029)
    • 10.4.9 Netherlands Revenue Forecast (2024-2029)
    • 10.4.10 China Revenue Forecast (2024-2029)
    • 10.4.11 Japan Revenue Forecast (2024-2029)
    • 10.4.12 Korea Revenue Forecast (2024-2029)
    • 10.4.13 India Revenue Forecast (2024-2029)
    • 10.4.14 Australia Revenue Forecast (2024-2029)
    • 10.4.15 Indonesia Revenue Forecast (2024-2029)
    • 10.4.16 Vietnam Revenue Forecast (2024-2029)
    • 10.4.17 Brazil Revenue Forecast (2024-2029)
    • 10.4.18 Mexico Revenue Forecast (2024-2029)
    • 10.4.19 Argentina Revenue Forecast (2024-2029)
    • 10.4.20 Colombia Revenue Forecast (2024-2029)
    • 10.4.21 Turkey Revenue Forecast (2024-2029)
    • 10.4.22 Saudi Arabia Revenue Forecast (2024-2029)
    • 10.4.23 South Africa Revenue Forecast (2024-2029)
    • 10.4.24 Egypt Revenue Forecast (2024-2029)

11 Industry Chain Analysis of Minimally Invasive Glaucoma Surgery (MIGS) Devices

  • 11.1 Upstream Major Raw Materials and Equipment Suppliers Analysis of Minimally Invasive Glaucoma Surgery (MIGS) Devices
    • 11.1.1 Major Raw Materials Suppliers with Contact Information Analysis of Minimally Invasive Glaucoma Surgery (MIGS) Devices
    • 11.1.2 Major Equipment Suppliers with Contact Information Analysis of Minimally Invasive Glaucoma Surgery (MIGS) Devices
  • 11.2 Downstream Major Consumers Analysis of Minimally Invasive Glaucoma Surgery (MIGS) Devices
  • 11.3 Major Suppliers of Minimally Invasive Glaucoma Surgery (MIGS) Devices with Contact Information
  • 11.4 Supply Chain Relationship Analysis of Minimally Invasive Glaucoma Surgery (MIGS) Devices

12 Minimally Invasive Glaucoma Surgery (MIGS) Devices New Project Investment Feasibility Analysis

  • 12.1 Minimally Invasive Glaucoma Surgery (MIGS) Devices New Project SWOT Analysis
  • 12.2 Minimally Invasive Glaucoma Surgery (MIGS) Devices New Project Investment Feasibility Analysis
    • 12.2.1 Project Name
    • 12.2.2 Investment Budget
    • 12.2.3 Project Product Solutions
    • 12.2.4 Project Schedule

13 Minimally Invasive Glaucoma Surgery (MIGS) Devices Research Findings and Conclusion

    14 Appendix

    • 14.1 Research Methodology
    • 14.2 References and Data Sources
      • 14.2.1 Primary Sources
      • 14.2.2 Secondary Paid Sources
      • 14.2.3 Secondary Public Sources
    • 14.3 Abbreviations and Units of Measurement
    • 14.4 Author Details

    Summary:
    Get latest Market Research Reports on Minimally Invasive Glaucoma Surgery (MIGS) Devices. Industry analysis & Market Report on Minimally Invasive Glaucoma Surgery (MIGS) Devices is a syndicated market report, published as Global Minimally Invasive Glaucoma Surgery (MIGS) Devices Market Report 2018-2029. It is complete Research Study and Industry Analysis of Minimally Invasive Glaucoma Surgery (MIGS) Devices market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.

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