Being a proficient and all-inclusive USA Micro Invasive Glaucoma Surgery (MIGS) Devices Market report puts a light on primary and secondary drivers, market share, leading segments, possible sales volume, and geographical analysis. This market research report is a significant source of information about the industry, important facts and figures, expert opinions, and the newest developments across the globe. This report has reviews about key players in the market, major collaborations, merger and acquisitions along with trending innovation and business policies.
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Data Bridge Market Research analyses that the micro invasive glaucoma surgery (MIGS) devices market which is USD 537.32 million in 2022, is expected to reach USD 5519.27 million by 2030, at a CAGR of 33.8% during the forecast period 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
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Market Overview:
Microinvasive glaucoma surgery is a form of glaucoma treatment (MIGS). It represents a significant advancement in the management of mild to moderate glaucoma. It provides an alternative to previously given drugs and does away with the risks associated with conventional surgery. These methods hope to avoid damaging the optic nerve by reducing intraocular pressure. Compared to standard surgery, these techniques are far safer and have a much shorter recovery time.
Some of the major players operating in the micro invasive glaucoma surgery (MIGS) devices market are:
• Glaukos Corporation (U.S.)
• Ivantis Inc. (U.S.)
• AbbVie Inc. (U.S.)
• Ellex (U.S.)
• Alcon (Switzerland)
• BVI (U.S.)
• Johnson and Johnson Surgical Vision Care Inc. (U.S.)
• Microsurgical technology (U.S.)
• Molteno Ophthalmic Ltd. (New Zealand)
• New world Medical Inc. (U.S.)
• Santen Pharmaceutical Co., Ltd. (Japan)
• Sight Scientific (U.S.)
• Bausch & Lomb Incorporated. (Canada)
• NeoMedix Healthcare India Pvt. Ltd. (U.S.)
• IOPtima (Israel)
USA Micro Invasive Glaucoma Surgery (MIGS) Devices Market Dynamics
Drivers
• Increase in the occurrence of ophthalmic disorders
The growing ageing population and associated blindness are driving the market for micro invasive glaucoma surgery (MIGS) devices. Cataract and glaucoma are two of the most common age-related eye diseases in the elderly and major causes of blindness. Furthermore, rising demand for combined glaucoma and cataract treatment as a result of technological advancements in devices and growing patient awareness of minimally invasive surgeries is driving the growth of the micro invasive glaucoma surgery (MIGS) devices market.
• Rising incidence of glaucoma across the world
Major players in the ophthalmic treatment market are focusing on creating a stent for micro invasive glaucoma surgery (MIGS) for more effective treatments. As a result, demand for MIGS devices (micro invasive glaucoma surgery) is expected to increase.
• Introduction of technological advanced product
Glaucoma is a severe eye condition that, if left untreated, can cause vision loss. Since it is treatable with current medicine and there are numerous methods for limiting additional harm, it typically does not result in blindness. The way that glaucoma is treated has undergone a dramatic transformation as a result of greater scientific advancements. There has been a paradigm change in medicine with the introduction of micro-invasive glaucoma surgery since it can assist in the treatment of glaucoma at an early stage and eliminate the dependency on filtration operations such as trabeculectomy. Additionally, this eliminates the dangers related to these incisional surgeries. MIGS has made a number of improvements in the treatment of glaucoma.
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TABLE OF CONTENTS
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Research Methodology
Part 04: Market Landscape
Part 05: Pipeline Analysis
Part 06: Market Sizing
Part 07: Five Forces Analysis
Part 08: Market Segmentation
Part 09: Customer Landscape
Part 10: Regional Landscape
Part 11: Decision Framework
Part 12: Drivers and Challenges
Part 13: Market Trends
Part 14: Vendor Landscape
Part 15: Vendor Analysis
Part 16: Appendix
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