Market revenue in 2023 | USD 25.7 million |
Market revenue in 2030 | USD 34.9 million |
Growth rate | 4.4% (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 |
Glaucoma drainage device was the largest segment with a revenue share of 27.63% in 2023. Horizon Databook has segmented the Denmark 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.
Denmark holds a wide scope for design & innovation expertise, R&D collaborations, demonstration & test facilities, hightech application, and public-private partnerships. It has a strong knowledge base with diagnostic equipment at the university and business levels. This will drive significant investments in the country by leading market providers of glaucoma surgery devices.
For instance, in December 2021, Novo Nordisk A/S announced an investment of more than USD 2.58 billion for the development of three new manufacturing facilities and the expansion of one existing facility at Kalundborg, Denmark. Moreover, as per Danish Medical Journal, in Denmark, around 300,000 patients suffer from diabetes, which is likely to further propel the market.
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