Sweden Glaucoma Surgery Devices Market Size & Outlook
Sweden glaucoma surgery devices market, 2018-2030 (US$M)
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Sweden glaucoma surgery devices market highlights
- The Sweden glaucoma surgery devices market generated a revenue of USD 15.9 million in 2023 and is expected to reach USD 21.0 million by 2030.
- The Sweden market is expected to grow at a CAGR of 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 15.9 million |
| Market revenue in 2030 | USD 21.0 million |
| Growth rate | 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, Sweden accounted for 1.0% 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 27.04% in 2023. Horizon Databook has segmented the Sweden 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 prevalence of chronic diseases, especially diabetes, and growing geriatric population are the major driving factors for the market. For instance, as per Statistics Sweden (SCB), the population aged 80 years and above is expected to increase by 50% by 2028.
However, the absence of major market players in Sweden due to lack of awareness about glaucoma surgery devices may hinder the market growth over the forecast period. The medical devices manufacturing industry in Sweden is comparatively small and employs roughly 18,000 people. Domestic companies include small to midsized manufacturers.
However, several multinational medical device companies have established subsidiaries in Sweden. In addition, there is a constant demand for diabetes applications, user-friendly homecare, minimally/noninvasive equipment, diabetes devices, and ehealth applications. This high demand will lead to market growth in Sweden.
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Glaucoma Surgery Devices Market Scope
Glaucoma Surgery Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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Sweden glaucoma surgery devices market size, by product, 2018-2030 (US$M)
Sweden Glaucoma Surgery Devices Market Outlook Share, 2023 & 2030 (US$M)
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