info@marketresearchfuture.com   ๐Ÿ“ž  +1 (855) 661-4441(US)   ๐Ÿ“ž  +44 1720 412 167(UK)
Certified Global Research Member
Isomar fd.webp Wcrc 57.webp
Key Questions Answered
  • Global Market Outlook
  • In-depth analysis of global and regional trends
  • Analyze and identify the major players in the market, their market share, key developments, etc.
  • To understand the capability of the major players based on products offered, financials, and strategies.
  • Identify disrupting products, companies, and trends.
  • To identify opportunities in the market.
  • Analyze the key challenges in the market.
  • Analyze the regional penetration of players, products, and services in the market.
  • Comparison of major players financial performance.
  • Evaluate strategies adopted by major players.
  • Recommendations
Why Choose Market Research Future?
  • Vigorous research methodologies for specific market.
  • Knowledge partners across the globe
  • Large network of partner consultants.
  • Ever-increasing/ Escalating data base with quarterly monitoring of various markets
  • Trusted by fortune 500 companies/startups/ universities/organizations
  • Large database of 5000+ markets reports.
  • Effective and prompt pre- and post-sales support.

Minimally Invasive Glaucoma Surgery Device Market Research Report By Device Type (Microstents, Drainage Devices, Surgical Tools, Implants), By Procedure Type (Trabectome, Glaucoma Drainage Device Surgery, MIGS Surgery), By End User (Hospitals, Ambulatory Surgical Centers, Ophthalmology Clinics), By Application (Primary Open-Angle Glaucoma, Secondary Glaucoma, Angle-Closure Glaucoma) andย  By Regional (North America, Europe, South America, Asia-Pacific, Middle East and Africa)ย  - Forecast to 2032


ID: MRFR/HC/31857-HCR | 128 Pages | Author: Rahul Gotadki| November 2024

Minimally Invasive Glaucoma Surgery Device Market Overview:


As per MRFR analysis, the Minimally Invasive Glaucoma Surgery Device Market Size was estimated at 2.19 (USD Billion) in 2022. The Minimally Invasive Glaucoma Surgery Device Market Industry is expected to grow from 2.34(USD Billion) in 2023 to 4.2 (USD Billion) by 2032. The Minimally Invasive Glaucoma Surgery Device Market CAGR (growth rate) is expected to be around 6.73% during the forecast period (2024 - 2032).


Key Minimally Invasive Glaucoma Surgery Device Market Trends Highlighted


The Minimally Invasive Glaucoma Surgery Device Market is primarily driven by the rising prevalence of glaucoma and the growing adoption of advanced surgical techniques. With an increase in aging populations around the world, the incidence of glaucoma continues to escalate, prompting a demand for more effective treatments. Minimally invasive procedures offer several advantages over traditional techniques, including reduced recovery times and lower complication rates, making them more appealing to both patients and healthcare providers. The move towards outpatient care settings further accelerates this shift towards minimally invasive options, as they often facilitate quicker patient turnover and less strain on healthcare systems.


Opportunities within the market are expanding as technological advancements lead to the development of innovative devices and surgical techniques. Manufacturers are increasingly focusing on research and development to introduce cutting-edge solutions that enhance patient outcomes. Collaborations between technology firms and medical device manufacturers are also creating new avenues for growth in this space. As awareness about the benefits of early intervention in managing glaucoma increases, there is significant potential for market expansion, especially in emerging markets where access to advanced care is on the rise. Trends in recent times show a growing acceptance of minimally invasive procedures among ophthalmologists, further promoting the use of these devices.


Surgeons are gaining proficiency in newer techniques and technologies, leading to improved patient satisfaction and outcomes. Additionally, there is an increasing focus on patient-centric approaches, where treatments are tailored to individual needs. As more healthcare institutions integrate these devices and techniques into their offerings, patient education regarding their availability and benefits becomes essential. The overall landscape of the minimally invasive glaucoma surgery device market is evolving rapidly, highlighting the importance of adaptation and innovation in meeting the changing demands of global healthcare.


Global Minimally Invasive Glaucoma Surgery Device Market Overview:


Source: Primary Research, Secondary Research, MRFR Database and Analyst Review


Minimally Invasive Glaucoma Surgery Device Market Drivers


Technological Advancements in Minimally Invasive Surgical Techniques


The Minimally Invasive Glaucoma Surgery Device Market Industry is witnessing significant growth driven by continuous technological advancements in surgical techniques and instruments. These innovations enable surgeons to perform complex procedures with less trauma to the eye and quicker recovery times for patients. Newer devices are equipped with enhanced features that facilitate precise targeting of problematic areas within the eye, improving overall surgical outcomes.


The trend toward minimally invasive procedures is being facilitated by a surge in research and development efforts, leading to the introduction of a variety of sophisticated tools designed for efficiency and patient comfort. Furthermore, the increasing prevalence of glaucoma, alongside the growing recognition of the advantages of minimally invasive options, has positioned this market for robust growth. As healthcare providers and patients alike become more aware of the benefits of these advanced devices, including reduced post-operative care and expedited rehabilitation, there is heightened demand for such solutions.


These beneficial features have not only made surgical procedures more accessible and less intimidating but have also played a pivotal role in inspiring a paradigm shift toward minimally invasive options in the treatment landscape for glaucoma. This movement toward less invasive approaches may also lead to higher patient compliance and satisfaction rates, further bolstering the market's expansion.


Increasing Prevalence of Glaucoma


The rising prevalence of glaucoma worldwide is becoming a key driver for the Minimally Invasive Glaucoma Surgery Device Market Industry. As aging populations grow, so does the incidence of glaucoma, which is a leading cause of irreversible blindness. Early detection and effective management are critical, and minimally invasive surgical devices are increasingly viewed as essential components in providing the necessary care. 


These devices not only support early intervention but also enhance the quality of life for patients by allowing for effective treatment with minimized discomfort and risk.Consequently, healthcare institutions are more inclined to invest in these innovative solutions to meet the growing demand stemming from the increasing incidence of this chronic condition.


Investment in Healthcare Infrastructure


Investment in healthcare infrastructure, particularly in the field of ophthalmology, is a significant market driver for the Minimally Invasive Glaucoma Surgery Device Market Industry. Governments and private organizations are increasingly allocating funds toward the enhancement of healthcare systems. Improved infrastructure facilitates better access to advanced medical technologies, including minimally invasive devices specifically designed for glaucoma surgery.


Enhanced training programs for healthcare professionals also ensure better adoption of these innovative techniques. As a result, higher investment levels translate into improved patient care, wider availability of minimally invasive options, and ultimately, growth in the market.


Minimally Invasive Glaucoma Surgery Device Market Segment Insights:


Minimally Invasive Glaucoma Surgery Device Market Device Type Insights  


The Minimally Invasive Glaucoma Surgery Device Market, with an expected valuation of 2.34 USD Billion in 2023, has various segments classified by Device Type. Among these, Microstents hold a significant position with a valuation of 0.84 USD Billion in 2023, projected to reach 1.54 USD Billion by 2032, reflecting the highest growth potential. This segment's majority holding is crucial as Microstents offer less invasive options, which are highly preferred by both surgeons and patients, owing to their minimally invasive nature and effective outcomes in glaucoma management.


Following closely is the Drainage Devices segment, valued at 0.76 USD Billion in 2023, which is anticipated to rise to 1.25 USD Billion by 2032, making it another significant contributor within this market. These devices are essential for controlling intraocular pressure, addressing one of the primary challenges faced in glaucoma treatments. The Surgical Tools segment, valued at 0.54 USD Billion in 2023 and expected to advance to 0.95 USD Billion by 2032, plays a supportive role in minimally invasive approaches, enhancing the precision and safety of surgical procedures.


Although not as dominant as other segments, it is vital for facilitating effective surgeries. Lastly, Implants constitute the smallest share at a valuation of 0.2 USD Billion in 2023, projected to reach 0.36 USD Billion by 2032. The significance of the Implants segment lies in their long-term efficacy in intraocular pressure management, catering to a niche but important patient demographic that requires lasting solutions. Overall, the trends in this market are driven by the rising prevalence of glaucoma, increasing awareness of treatment options, and technological advancements in device design and efficacy, reflecting a steady market growth trajectory in the Minimally Invasive Glaucoma Surgery Device Market revenue.As the market evolves, opportunities for innovation and increased patient accessibility remain prominent, challenging the industry to continue enhancing its offerings and addressing the varied needs of patients and healthcare providers alike.


Minimally Invasive Glaucoma Surgery Device Market Device Type Insights


Source: Primary Research, Secondary Research, MRFR Database and Analyst Review


Minimally Invasive Glaucoma Surgery Device Market Procedure Type Insights  


The Minimally Invasive Glaucoma Surgery Device Market, valued at 2.34 USD Billion in 2023, is experiencing significant growth driven by the rising prevalence of glaucoma and an increasing demand for effective treatment options.


Among the various procedure types, the market comprises key techniques such as Trabectome, Glaucoma Drainage Device Surgery, and MIGS Surgery. Trabectome is notable for its ability to target and remove eye tissue, which can help reduce intraocular pressure, making it a favored choice among healthcare providers. Glaucoma Drainage Device Surgery is characterized by its effectiveness in providing a long-term solution for patients, thus contributing to its prominence in the market.


Meanwhile, MIGS Surgery is gaining traction due to its minimally invasive nature, which translates to reduced recovery times and fewer complications, appealing to both patients and surgeons. The Minimally Invasive Glaucoma Surgery Device Market statistics reveal that these procedure types will continue to play a pivotal role in shaping the market landscape as they align with the growing trend toward safer, less invasive surgical interventions for glaucoma management. With a projected market valuation of 4.2 USD Billion by 2032, the potential for continued innovation and adoption in these procedure types suggests a robust future growth trajectory.


Minimally Invasive Glaucoma Surgery Device Market End User Insights  


The Minimally Invasive Glaucoma Surgery Device Market, valued at 2.34 billion USD in 2023, exhibits a dynamic landscape influenced by various end users, including hospitals, ambulatory surgical centers, and ophthalmology clinics. Hospitals hold a significant share in this market, driven by their advanced technologies and comprehensive patient care capabilities. Ambulatory surgical centers contribute to market growth due to their efficiency and focus on outpatient services, providing a streamlined alternative for glaucoma procedures. Ophthalmology clinics are also vital players, as they specialize in eye care, offering personalized treatment options that cater specifically to glaucoma patients.


The growing prevalence of glaucoma and the increasing demand for minimally invasive procedures are key growth drivers for this segment. Moreover, the Minimally Invasive Glaucoma Surgery Device Market statistics suggest that there is a trend towards outpatient procedures, further enhancing the importance of ambulatory surgical centers and specialized clinics in the market framework. Challenges such as cost constraints and the need for skilled professionals may affect growth, yet opportunities abound as technology advances and awareness increases regarding glaucoma treatments.


Overall, the end user segment remains a crucial pillar contributing to the market's evolution and expansion.


Minimally Invasive Glaucoma Surgery Device Market Application Insights  


The Minimally Invasive Glaucoma Surgery Device Market is projected to be valued at 2.34 billion USD in 2023, showcasing a robust interest in glaucoma treatment solutions. The Application segment encompasses various conditions, with Primary Open-Angle Glaucoma being a significant focus due to its high prevalence among glaucoma patients. This condition plays a crucial role in shaping the market landscape, dominating the treatment options available. Secondary Glaucoma also holds importance within the Minimally Invasive Glaucoma Surgery Device Market as it addresses complications arising from other medical conditions, thus representing a strategic area for market growth.


Angle-Closure Glaucoma, while less common, is notable as it requires prompt intervention, driving demand for rapid and effective surgical devices. Together, these applications form the backbone of the Minimally Invasive Glaucoma Surgery Device Market segmentation, influencing market trends and driving innovation. With a projected growth trajectory bolstered by increasing awareness and technological advancements, the market is on track to reach 4.2 billion USD by 2032, highlighting the critical nature of these applications in providing effective glaucoma solutions.


Minimally Invasive Glaucoma Surgery Device Market Regional Insights  


The Minimally Invasive Glaucoma Surgery Device Market is expected to experience diverse growth across various regions. North America holds a majority share, valued at 1.0 USD Billion in 2023 and projected to reach 1.8 USD Billion by 2032, driven by advanced healthcare infrastructure and high adoption rates of innovative surgical technologies. Europe follows closely with a valuation of 0.9 USD Billion in 2023 and an expected increase to 1.5 USD Billion by 2032, reflecting strong demand for effective glaucoma treatments amidst an aging population.


In the Asia-Pacific (APAC) region, the market is valued at 0.3 USD Billion in 2023 and is expected to expand to 0.8 USD Billion by 2032, influenced by increasing awareness and access to healthcare services. South America represents a smaller but significant market, valued at 0.1 USD Billion in 2023, which is expected to double by 2032 as local healthcare systems improve. The Middle East and Africa (MEA) show the least substantial market value of 0.04 USD Billion in 2023, anticipated to grow to 0.09 USD Billion by 2032, as challenges related to healthcare access continue to limit rapid expansion.Overall, the market dynamics across these regions reflect varying trends in healthcare development, regulatory environments, and patient demographics, providing a comprehensive insight into the Minimally Invasive Glaucoma Surgery Device Market revenue and segmentation.


Minimally Invasive Glaucoma Surgery Device Market Regional Insights


Source: Primary Research, Secondary Research, MRFR Database and Analyst Review


Minimally Invasive Glaucoma Surgery Device Market Key Players and Competitive Insights:


The Minimally Invasive Glaucoma Surgery Device Market presents a dynamic landscape characterized by innovation and competition among prominent players. As the prevalence of glaucoma continues to rise globally, the demand for effective treatment options grows, pushing manufacturers to develop advanced minimally invasive surgical technologies. The market is marked by a range of devices designed to reduce intraocular pressure and improve patient outcomes with less trauma and quicker recovery times compared to traditional surgical techniques. The competitive landscape includes a variety of companies, each striving to enhance their product offerings and capture greater market share through continuous research, improved surgical techniques, and strategic partnerships. Technological advancements and the necessity for efficient and patient-friendly solutions in glaucoma care drive this ongoing competition.


Kowa Company has established a significant presence in the Minimally Invasive Glaucoma Surgery Device Market with its innovative approach to device development. Known for its commitment to quality and advanced technology, Kowa Company focuses on delivering products that efficiently address the challenges associated with glaucoma treatment. The firm invests heavily in research and development, enabling it to introduce state-of-the-art surgical devices that simplify procedures and enhance patient comfort. Kowa Company's strengths lie in its robust distribution network and strategic alliances with healthcare professionals, allowing it to reach a broad customer base effectively. The substantial resource allocation toward training and supporting healthcare facilities further reinforces Kowa Company's position, ensuring that practitioners are well-equipped to utilize its devices effectively.


Astellas Pharma is another key player in the Minimally Invasive Glaucoma Surgery Device Market, recognized for its innovative product portfolio tailored to glaucoma management. The company focuses on developing targeted solutions that not only address the symptoms of glaucoma but also provide long-term management options. Astellas Pharma’s strengths are evident in its strong research capabilities and commitment to innovation, allowing it to stay at the forefront of market trends. The company's dedication to patient-centric approaches is reflected in its emphasis on creating devices that improve surgical outcomes and enhance the quality of life for patients. Furthermore, Astellas Pharma engages in collaborations and partnerships with healthcare professionals and institutions, ensuring that its devices are widely adopted and effectively integrated into glaucoma treatment regimens.


Key Companies in the Minimally Invasive Glaucoma Surgery Device Market Include:



  • Kowa Company

  • Astellas Pharma

  • Abbott Laboratories

  • Visionable

  • SurgiQuest

  • Bausch Health Companies

  • Lumenis

  • Ivantis

  • Sigma Graft

  • Horizon Therapeutics

  • Alcon

  • Glaukos Corporation

  • Medytox

  • Santen Pharmaceutical

  • iScience Interventional


Minimally Invasive Glaucoma Surgery Device Market Industry Developments


Recent developments in the Minimally Invasive Glaucoma Surgery Device Market indicate a significant focus on technological advancements and market expansion. Companies like Glaukos Corporation and Alcon are actively innovating their product lines to offer more effective treatments. Various clinical trials have shown promising results for new devices designed to enhance patient outcomes while minimizing recovery times. The market landscape is experiencing growth, driven by the increasing prevalence of glaucoma and the rising demand for less invasive surgical options.


Additionally, mergers and acquisitions are shaping the competitive environment, with notable deals such as Abbott Laboratories expanding its portfolio through strategic acquisitions, enhancing its market presence. Lumenis and Horizon Therapeutics are also involved in collaboration efforts aimed at developing novel therapeutic solutions, reflecting a trend toward integrated approaches in patient care. The valuation of key players in this space is growing as advances in technology and an aging population continue to drive demand for minimally invasive procedures.


 Companies like Bausch Health and Santen Pharmaceutical are reporting positive financial impacts due to increased sales of their glaucoma management devices, further contributing to the overall expansion of the market. The focus on research and development remains crucial for sustaining growth in this sector.


Minimally Invasive Glaucoma Surgery Device Market Segmentation Insights


Minimally Invasive Glaucoma Surgery Device Market Device Type Outlook



  • Microstates

  • Drainage Devices

  • Surgical Tools

  • Implants


Minimally Invasive Glaucoma Surgery Device Market Procedure Type Outlook



  • Trabectome

  • Glaucoma Drainage Device Surgery

  • MIGS Surgery


Minimally Invasive Glaucoma Surgery Device Market End User Outlook



  • Hospitals

  • Ambulatory Surgical Centers

  • Ophthalmology Clinics


Minimally Invasive Glaucoma Surgery Device Market Application Outlook



  • Primary Open-Angle Glaucoma

  • Secondary Glaucoma

  • Angle-Closure Glaucoma


Minimally Invasive Glaucoma Surgery Device Market Regional Outlook



  • North America

  • Europe

  • South America

  • Asia-Pacific

  • Middle East and Africa

Report Attribute/Metric Details
Market Size 2022 2.19(USD Billion)
Market Size 2023 2.34(USD Billion)
Market Size 2032 4.2(USD Billion)
Compound Annual Growth Rate (CAGR) 6.73% (2024 - 2032)
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Base Year 2023
Market Forecast Period 2024 - 2032
Historical Data 2019 - 2022
Market Forecast Units USD Billion
Key Companies Profiled Kowa Company, Astellas Pharma, Abbott Laboratories, Visionable, SurgiQuest, Bausch Health Companies, Lumenis, Ivantis, Sigma Graft, Horizon Therapeutics, Alcon, Glaukos Corporation, Medytox, Santen Pharmaceutical, iScience Interventional
Segments Covered Device Type, Procedure Type, End User, Application, Regional
Key Market Opportunities Growing geriatric population demand, Increasing prevalence of glaucoma, Advancements in surgical technologies, Rising awareness and education, Expanding healthcare facilities access
Key Market Dynamics Aging population, Increased glaucoma prevalence, Technological advancements, Demand for outpatient procedures, Rising healthcare expenditure
Countries Covered North America, Europe, APAC, South America, MEA


Frequently Asked Questions (FAQ) :

The Minimally Invasive Glaucoma Surgery Device Market is expected to reach a valuation of 4.2 USD Billion by 2032.

The CAGR for the Minimally Invasive Glaucoma Surgery Device Market is anticipated to be 6.73% during the forecast period from 2024 to 2032.

North America is projected to hold the largest market share, valued at 1.8 USD Billion in 2032.

The market value of Microstents is expected to reach 1.54 USD Billion by 2032.

Drainage Devices are expected to be valued at 1.25 USD Billion by 2032.

Key players include companies such as Kowa Company, Astellas Pharma, Abbott Laboratories, and Glaukos Corporation.

The market size for Surgical Tools is projected to be 0.95 USD Billion in 2032.

Implants are expected to reach a market size of 0.36 USD Billion by 2032.

The market value for the APAC region is projected to be 0.8 USD Billion by 2032.

Challenges may include regulatory hurdles and competition from alternative treatments in the market.

Leading companies partner with us for data-driven Insights
client_1 client_2 client_3 client_4 client_5 client_6 client_7 client_8 client_9 client_10
Kindly complete the form below to receive a free sample of this Report
Please fill in Business Email for Quick Response

We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

Purchase Option
Single User $ 4,950
Multiuser License $ 5,950
Enterprise User $ 7,250
Compare Licenses
Tailored for You
  • Dedicated Research on any specifics segment or region.
  • Focused Research on specific players in the market.
  • Custom Report based only on your requirements.
  • Flexibility to add or subtract any chapter in the study.
  • Historic data from 2014 and forecasts outlook till 2040.
  • Flexibility of providing data/insights in formats (PDF, PPT, Excel).
  • Provide cross segmentation in applicable scenario/markets.