Kuwait Glaucoma Surgery Devices Market Size & Outlook
Kuwait glaucoma surgery devices market, 2018-2030 (US$M)
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Kuwait glaucoma surgery devices market highlights
- The Kuwait glaucoma surgery devices market generated a revenue of USD 8.5 million in 2023 and is expected to reach USD 10.6 million by 2030.
- The Kuwait market is expected to grow at a CAGR of 3.2% 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.
Glaucoma surgery devices market data book summary
| Market revenue in 2023 | USD 8.5 million |
| Market revenue in 2030 | USD 10.6 million |
| Growth rate | 3.2% (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 |
Other key industry trends
- In terms of revenue, Kuwait accounted for 0.5% 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 Middle East & Africa, South Africa glaucoma surgery devices market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 19.3 million by 2030.
Glaucoma drainage device was the largest segment with a revenue share of 27.06% in 2023. Horizon Databook has segmented the Kuwait 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.
Kuwait represents a favorable investment outlook, with the country focusing on investments in the private sector. Moreover, the country offers diabetes-related devices at subsidized rates in the public sector, owing to the plans of the Kuwait Diabetes Society and Ministry of Health.
This is expected to drive the demand for the glaucoma surgery devices market and provide significant growth opportunities for players in the country. Hence, major companies are launching their products locally by collaborating with the government.
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Glaucoma Surgery Devices Market Scope
Glaucoma Surgery Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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Kuwait glaucoma surgery devices market size, by product, 2018-2030 (US$M)
Kuwait Glaucoma Surgery Devices Market Outlook Share, 2023 & 2030 (US$M)
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