Norway Glaucoma Surgery Devices Market Size & Outlook
Norway glaucoma surgery devices market, 2018-2030 (US$M)
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Norway glaucoma surgery devices market highlights
- The Norway glaucoma surgery devices market generated a revenue of USD 24.4 million in 2023 and is expected to reach USD 32.9 million by 2030.
- The Norway market is expected to grow at a CAGR of 4.4% 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 24.4 million |
| Market revenue in 2030 | USD 32.9 million |
| Growth rate | 4.4% (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, Norway accounted for 1.5% 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 Europe, UK glaucoma surgery devices market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 64.1 million by 2030.
Glaucoma drainage device was the largest segment with a revenue share of 27.46% in 2023. Horizon Databook has segmented the Norway 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.
Market growth can be attributed to rising geriatric population and increasing prevalence of chronic disorders, such as obesity & diabetes. According to Statistics Norway, the population aged above 70 years was calculated to be 670,000 and is estimated to reach around 1.4 million by 2060.
As geriatric population is more susceptible & prevalent to develop glaucoma, the demand for treatment products in Norway is anticipated to increase over the forecast period. There are significant opportunities for U.S.-based companies with innovative applications related to several medical devices, such as minimally invasive surgical instruments and glaucoma surgical devices. Companies can leverage several opportunities to enter and establish their presence in Norway.
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Glaucoma Surgery Devices Market Scope
Glaucoma Surgery Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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Norway glaucoma surgery devices market size, by product, 2018-2030 (US$M)
Norway Glaucoma Surgery Devices Market Outlook Share, 2023 & 2030 (US$M)
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