Market revenue in 2023 | USD 44.8 million |
Market revenue in 2030 | USD 64.1 million |
Growth rate | 5.3% (CAGR from 2023 to 2030) |
Largest segment | Glaucoma drainage device |
Fastest growing segment | Glaucoma drainage device |
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 27.9% in 2023. Horizon Databook has segmented the Japan 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.
Rising geriatric population is one of the major driving factors for the market growth in Japan. According to Europa, more than one in four people are above 65 years of age. As the geriatric population is at a higher risk of various diseases and disabilities, increase in geriatric population may propel the demand for glaucoma surgical devices.
In addition, with increasing healthcare spending, the glaucoma surgery devices market is expected to grow substantially in Japan. For instance, as per Macrotrends, in 2018, Japan spent 10.95% of its GDP on healthcare, whereas expenditure on healthcare had also increased. Furthermore, increase in adoption of advanced products in Japan is expected to fuel the glaucoma surgery devices market over the forecast period.
The glaucoma surgery devices market in Japan is moderately competitive, with the presence of some major companies offering treatment options. Several government organizations and academic & research institutes have a demand for these devices. Hence, major players in the market are adopting several strategies, such as mergers, acquisitions, partnerships, & collaborations, to stay competitive.
No credit card required*
Name | Profile | # Employees | HQ | Website |
---|
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account