
Report ID: SQMIG35A2402
Skyquest Technology's expert advisors have carried out comprehensive research on the glaucoma surgery devices market to identify the major global and regional market trends and growth opportunities for leading players and new entrants in this market. The analysis is based on in-depth primary and secondary research to understand the major market drivers and restraints shaping the future development and growth of the industry.
Glaucoma Surgery Devices Market Drivers
High Incidence of Glaucoma
Rapidly increasing number of people suffering from irreversible blindness due to high incidence of glaucoma is projected to primarily augment the demand for glaucoma surgery devices over the coming years. Changes in lifestyles and eating habits along with surge in incidence of diabetes are resulting in increasing prevalence of glaucoma on a global level.
Increasing Senescent Population
The geriatric population around the world is increasing at a rapid pace and this is also expected to boost sales of glaucoma surgery devices in the future. Aged people are more at risk of suffering from glaucoma and as their population rises, it is also forecasted to bolster the glaucoma surgery devices market outlook in the future.
Glaucoma Surgery Devices Market Restraints
High Costs of Glaucoma Surgery Devices
Glaucoma surgery devices are highly expensive as they utilize advanced technologies, which in turn reduce their affordability and access among patients with limited spending potential. The high costs of glaucoma surgery devices increase the cost of overall surgery and reduce accessibility in low to middle income countries going forward.
Risk of Post-surgical Complications
Despite advancements in technologies and safety of glaucoma surgery devices, they still run the risk of infection, scarring, or improper implant placement leading to post-surgical complications among patients undergoing glaucoma surgery. Rising awareness regarding these complications is expected to slow down the global glaucoma surgery devices industry in the future.
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Report ID: SQMIG35A2402
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