Asia Pacific Glaucoma Surgery Devices Market Size & Outlook
Asia Pacific glaucoma surgery devices market, 2018-2030 (US$M)
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Asia Pacific glaucoma surgery devices market highlights
- The Asia Pacific glaucoma surgery devices market generated a revenue of USD 334.0 million in 2023.
- The market is expected to grow at a CAGR of 5.2% from 2024 to 2030.
- In terms of segment, glaucoma drainage device was the largest revenue generating product in 2023.
- Glaucoma drainage device is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 334.0 million |
| Market revenue in 2030 | USD 477.2 million |
| Growth rate | 5.2% (CAGR from 2023 to 2030) |
| Largest segment | Glaucoma drainage device |
| Fastest growing segment | Glaucoma drainage device |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Punches, USC maker, USC planner, USC shaver, Forceps, Algerbrush, Probes, Diamond knives, Glaucoma drainage device, Laser system |
| Key market players worldwide | Alcon Inc, Glaukos Corp, Johnson & Johnson, AbbVie Inc, Carl Zeiss Meditec AG, Lumenis, Ziemer Ophthalmic Systems, IRIDEX Corp, Corza Health, Katalyst Surgical, Altomed |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 20.1% of the global glaucoma surgery devices market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 477.2 million by 2030.
Glaucoma drainage device was the largest segment with a revenue share of 27.69% in 2023. Horizon Databook has segmented the Asia Pacific glaucoma surgery devices market based on punches, usc maker, usc planner, usc shaver, forceps, algerbrush, probes, diamond knives, glaucoma drainage device, laser system covering the revenue growth of each sub-segment from 2018 to 2030.
The Asia Pacific market is majorly driven by China and Japan. China dominated the overall glaucoma surgery devices market in the region in terms of revenue share. This can be attributed to presence of major market players and increasing prevalence of diabetes.
In addition, technological advancements in glaucoma surgery devices, increasing geriatric population, and growing prevalence of lifestyle diseases, such as obesity, are anticipated to promote growth of glaucoma surgery devices market.
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Glaucoma Surgery Devices Market Scope
Glaucoma Surgery Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific glaucoma surgery devices market size, by country, 2018-2030 (US$M)
Asia Pacific Glaucoma Surgery Devices Market Outlook Share, 2023 & 2030 (US$M)
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