Spain Glaucoma Surgery Devices Market Size & Outlook
Spain glaucoma surgery devices market, 2018-2030 (US$M)
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Spain glaucoma surgery devices market highlights
- The Spain glaucoma surgery devices market generated a revenue of USD 33.0 million in 2023 and is expected to reach USD 44.5 million by 2030.
- The Spain market is expected to grow at a CAGR of 4.3% 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 33.0 million |
| Market revenue in 2030 | USD 44.5 million |
| Growth rate | 4.3% (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 |
Other key industry trends
- In terms of revenue, Spain accounted for 2.0% 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 27.58% in 2023. Horizon Databook has segmented the Spain 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.
Although small and midsized companies account for 90% of Spain’s medical devices manufacturing industry, a few large companies control the majority of the domestic market. The lower cost of treatment continues to drive interest in minimally invasive technologies, including glaucoma devices, primarily in diabetes therapeutics.
The presence of key players, rising geriatric population, and increasing prevalence of diabetes are some of the key drivers of Spain’s glaucoma surgery devices market. For instance, as per analysis by nature.com, the estimated incidence of diabetes in Spain is 11.6 cases/1,000 population. The Sistema Nacional de la Salud provides universal healthcare facilities to all citizens, which is further anticipated to boost the market.
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Glaucoma Surgery Devices Market Scope
Glaucoma Surgery Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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Spain glaucoma surgery devices market size, by product, 2018-2030 (US$M)
Spain Glaucoma Surgery Devices Market Outlook Share, 2023 & 2030 (US$M)
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