Canada Glaucoma Surgery Devices Market Size & Outlook
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Canada glaucoma surgery devices market highlights
- The Canada glaucoma surgery devices market generated a revenue of USD 171.4 million in 2023 and is expected to reach USD 248.7 million by 2030.
- The Canada market is expected to grow at a CAGR of 5.5% from 2024 to 2030.
- In terms of segment, glaucoma drainage device was the largest revenue generating product in 2023.
- Diamond knives is the most lucrative product segment registering the fastest growth during the forecast period.
Glaucoma surgery devices market data book summary
| Market revenue in 2023 | USD 171.4 million |
| Market revenue in 2030 | USD 248.7 million |
| Growth rate | 5.5% (CAGR from 2023 to 2030) |
| Largest segment | Glaucoma drainage device |
| Fastest growing segment | Diamond knives |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, Canada accounted for 10.3% of the global glaucoma surgery devices market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. glaucoma surgery devices market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 248.7 million by 2030.
Glaucoma drainage device was the largest segment with a revenue share of 27.77% in 2023. Horizon Databook has segmented the Canada 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 market for glaucoma surgery devices in the country is majorly captured by global players. The companies are launching various innovative products in the market to stay competitive. Moreover, growing reimbursement policies and initiatives to provide diabetes care & effective management in the region are expected to boost the demand for the market.
Certain government organizations, in association with Diabetes Canada, a federally funded organization, are taking steps to accelerate the development, adaptation, and efficient use of diabetes technologies in their countries.
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Glaucoma Surgery Devices Market Scope
Glaucoma Surgery Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Altomed | View profile | 11-50 | Boldon, Durham, United Kingdom, Europe | https://altomed.com/ |
| Katalyst Surgical | View profile | 11-50 | Chesterfield, Missouri, United States, North America | http://www.katalystsurgical.com |
| Corza Health | View profile | 101-250 | Del Mar, California, United States, North America | https://www.corzahealth.com |
| Ziemer Ophthalmic Systems | View profile | 51-100 | Bellmund, Bern, Switzerland, Europe | https://www.ziemergroup.com/ |
| IRIDEX Corp | View profile | 139 | 1212 Terra Bella Avenue, Mountain View, CA, United States, 94043 | https://www.iridex.com |
| Glaukos Corp | View profile | 907 | One Glaukos Way, Aliso Viejo, CA, United States, 92656 | https://www.glaukos.com |
| Lumenis | View profile | 1001-5000 | Jerusalem, Yerushalayim, Israel, Asia | http://lumenis.com |
| Alcon Inc | View profile | 25315 | Chemin de Blandonnet 8, Royce Bedward, Vernier, Geneva, Switzerland, 1214 | https://www.alcon.com |
| Carl Zeiss Meditec AG | View profile | 4950 | Goschwitzer Strasse 51-52, Jena, TH, Germany, 07745 | https://www.zeiss.com |
| AbbVie Inc | View profile | 50000 | 1 North Waukegan Road, North Chicago, IL, United States, 60064-6400 | http://www.abbvieinvestor.com |
| Johnson & Johnson | View profile | 134400 | One Johnson and Johnson Plaza, New Brunswick, NJ, United States, 08933 | https://www.jnj.com |
Canada Product - Glaucoma Surgery Devices Market size, 2023 - 2030 (US$M)
Canada Glaucoma Surgery Devices Market Outlook Share, 2023 & 2030 (US$M)
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