A punctal plug, also known as tear duct plug or lacrimal plug, is a small medical device that is inserted into the tear duct (puncta) of an eye to block the duct. This prevents the drainage of liquid from the eye. They are used to treat dry eye. Artificial tears are usually still required after punctal plug insertion.
Industry Insights
Due to the COVID-19 pandemic, the global Punctal Plug Devices market size is estimated to be worth US$ 29 million in 2021 and is forecast to a readjusted size of US$ 40 million by 2028 with a CAGR of 4.8% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, the Europe Punctal Plug Devices market is estimated at US$ million in 2022, while the United States and China are forecast to reach US$ million and US$ million by 2028, respectively. The proportion of the United States is % in 2022, while Chinese percentage is %, and it is predicted that China market share will reach % in 2028, trailing a CAGR of % through the analysis period. As for the Europe Punctal Plug Devices landscape, Germany is projected to reach US$ million by 2028. and in Asia, the notable markets are Japan and South Korea, CAGR is % and % respectively for the next 6-year period.
The major players in global Punctal Plug Devices market include Katena Products (EagleVision), Surgical Specialties Corporation, FCI Ophthalmics, etc. The top 3 players occupy about 40% shares of the global market. North America and Europe are main markets, they occupy about 75% of the global market. Temporary Punctal Plugs is the main type, with a share about 55%. Clinics is the main application, which holds a share about 65%.
This report focuses on Punctal Plug Devices volume and value at the global level, regional level, and company level. From a global perspective, this report represents overall Punctal Plug Devices market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America and Europe., etc.
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Post-covid-19 Outlook
The readers in the section will understand how the Punctal Plug Devices market scenario changed across the globe during the pandemic and post-pandemic. The study is done keeping in view the changes in aspects such as sales, demand and supply chain. The industry experts have also highlighted the key factors that will help create opportunities for players and stabilize the overall industry in the years to come.
Segmental Outlook
Key segments including type and application have been elaborated in this report. The consultants at QY Research have studied every segment and provided the market size using historical data. They have also talked about the growth opportunities that the segment may pose in the future. This study bestows sales and revenue data by type, and application during the historical period (2017-2022) and forecast period (2023-2028).
Segment by Type
Temporary Punctal Plugs
Permanent Punctal Plugs
Segment by Application
Hospitals
Clinics
Regional Outlook
This section of the report provides key insights regarding various regions and the key players operating in each region. Economic, social, environmental, technological, and political factors have been taken into consideration while assessing the growth of the particular region/country. The readers will also get their hands on the revenue and sales data of each region and country for the period 2017-2028. This information derived through comprehensive research will help the reader to get familiar with the potential value of the investment in a particular region.
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Competitive Scenario
In this section, the readers will gain an understanding of the key players competing. The experts at QY Research have studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2017-2022. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:
Katena Products (EagleVision)
Surgical Specialties Corporation
FCI Ophthalmics
Beaver-Visitec International
Lacrimedics, Inc.
Oasis Medical
Lacrivera
Medennium
Frequently Asked Questions
Which product segment grabbed the largest share in the Punctal Plug Devices market?
How is the competitive scenario of the Punctal Plug Devices market?
Which are the key factors aiding the Punctal Plug Devices market growth?
Which are the prominent players in the Punctal Plug Devices market?
Which region holds the maximum share in the Punctal Plug Devices market?
What will be the CAGR of the Punctal Plug Devices market during the forecast period?
Which application segment emerged as the leading segment in the Punctal Plug Devices market?
What key trends are likely to emerge in the Punctal Plug Devices market in the coming years?
What will be the Punctal Plug Devices market size by 2028?
Which company held the largest share in the Punctal Plug Devices market?
Table of Contents
1 Punctal Plug Devices Market Overview
1.1 Product Overview and Scope of Punctal Plug Devices
1.2 Punctal Plug Devices Segment by Type
1.2.1 Global Punctal Plug Devices Sales Growth Rate Comparison by Type (2022-2028)
1.2.2 Temporary Punctal Plugs
1.2.3 Permanent Punctal Plugs
1.3 Punctal Plug Devices Segment by Application
1.3.1 Global Punctal Plug Devices Sales Comparison by Application: (2022-2028)
1.3.2 Hospitals
1.3.3 Clinics
1.4 Global Punctal Plug Devices Market Size Estimates and Forecasts
1.4.1 Global Punctal Plug Devices Revenue 2017-2028
1.4.2 Global Punctal Plug Devices Sales 2017-2028
1.4.3 Punctal Plug Devices Market Size by Region: 2017 Versus 2021 Versus 2028
2 Punctal Plug Devices Market Competition by Manufacturers
2.1 Global Punctal Plug Devices Sales Market Share by Manufacturers (2017-2022)
2.2 Global Punctal Plug Devices Revenue Market Share by Manufacturers (2017-2022)
2.3 Global Punctal Plug Devices Average Price by Manufacturers (2017-2022)
2.4 Manufacturers Punctal Plug Devices Manufacturing Sites, Area Served, Product Type
2.5 Punctal Plug Devices Market Competitive Situation and Trends
Summary: Get latest Market Research Reports on Punctal Plug Devices . Industry analysis & Market Report on Punctal Plug Devices is a syndicated market report, published as Global Punctal Plug Devices Market Research Report 2022. It is complete Research Study and Industry Analysis of Punctal Plug Devices market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.