Glaucoma Drainage Devices Market Size is valued at 808.4 Million in 2024 and is predicted to reach 2,130.5 Million by the year 2034 at an 10.3% CAGR during the forecast period for 2025-2034.
Key Industry Insights & Findings from the Report:
Glaucoma drainage devices are used to drain and divert humor that is caused in the glaucoma condition which could lead to serious damage to the eye if not treated properly. Ill-treated glaucoma could also lead to blindness. The increasing prevalence of lifestyle disorders and the rising geriatric population are the prime factors driving the glaucoma drainage devices market potential over the forecast period. Increasing incidence of diabetes is also expected to further increase glaucoma and this will eventually favor the glaucoma drainage devices market potential over the coming years.
Technological innovations in glaucoma treatment and rising healthcare spending potential across the world are also expected to boost glaucoma drainage devices’ market growth across the forecast period. Hypertension is also responsible for the increasing incidence of glaucoma and could further propel the demand for glaucoma drainage devices through 2031.
The emergence of the COVID-19 pandemic in 2020 led to a downward trend in the global glaucoma drainage devices market owing to a heightened focus on coronavirus infections to control the pandemic situation. The glaucoma drainage devices market is anticipated to rise at a steady pace over the forecast period as the restrictions are lifted and the world returns to normal. However, complications related to glaucoma procedures are expected to have a hampering effect on the global glaucoma drainage devices demand through 2031.
The glaucoma drainage devices market is segmented on the basis of product and end-users. Based on the product, the market is segmented as valved implants and non-valved implants. By end-users, the market is segmented into hospitals, ophthalmic clinics, and other end-users.
Valved implants are anticipated to see high demand over the forecast period and are anticipated to witness growth faster than the non-valved implants segment. Increasing preference for valved implants and rising recommendations for the same from healthcare professionals are expected to drive the growth of the segment over the forecast period.
The hospitals segment is anticipated to account for a major market share over the forecast period owing to a rising number of glaucoma surgeries being performed. The presence of key glaucoma treatments and the availability of novel technologies are factors that could drive demand for glaucoma drainage devices in hospitals.
The North America glaucoma drainage devices market is anticipated to emerge as the most lucrative one in the global glaucoma drainage devices industry landscape owing to the rising prevalence of glaucoma in the growing geriatric population. The increasing prevalence of diabetes is also a factor that propels glaucoma drainage devices demand in this region. Favorable reimbursement policies, developed healthcare infrastructure, high spending potential, and the presence of key healthcare providers are other factors that positively influence the glaucoma drainage devices market growth through 2031. The United States and Canada are projected to emerge as the most lucrative markets in the North America region over the years to come.
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Report Attribute |
Specifications |
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Market Size Value In 2023 |
USD 808.4 Million |
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Revenue Forecast In 2031 |
USD 2,130.5 Million |
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Growth Rate CAGR |
CAGR of 10.3% from 2025 to 2034 |
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Quantitative Units |
Representation of revenue in US$ Million and CAGR from 2025 to 2034 |
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Historic Year |
2021 to 2024 |
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Forecast Year |
2025-2034 |
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Report Coverage |
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
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Segments Covered |
By Product, By End-User |
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Regional Scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
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Country Scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico ;The UK; France; Italy; Spain; South Korea; South East Asia |
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Competitive Landscape |
Alcon, Henan Universe IOL R&M Co., Ltd., Alievio Inc, Avisi Technologies LLC, Geuder AG, InnFocus Inc, iVeena Delivery Systems Inc, Merz Anteis SA, MicroOptx, Inc., OPKO Health Inc, Nova Eye Medical, New World Medical, Inc., Santen SA, Ivantis, Inc., Advanced Ophthalmic Innovations Pte Ltd, iSTAR Medical, Rheon Medical SA, and Johnson & Johnson Vision Care, Inc. |
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Customization Scope |
Free customization report with the procurement of the report, Modifications to the regional and segment scope. Particular Geographic competitive landscape. |
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Pricing And Available Payment Methods |
Explore pricing alternatives that are customized to your particular study requirements. |
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
Chapter 2. Executive Summary
Chapter 3. Global Glaucoma Drainage Devices Market Snapshot
Chapter 4. Global Glaucoma Drainage Devices Market Variables, Trends & Scope
4.1. Market Segmentation & Scope
4.2. Drivers
4.3. Challenges
4.4. Trends
4.5. Industry Analysis – Porter’s Five Forces Analysis
4.6. Competitive Landscape & Market Share Analysis
4.7. Key Trends in the Market
4.8. COVID 19 Impact Analysis
4.9. Glaucoma Incidence and Prevalence in Key Countries
Chapter 5. Glaucoma Drainage Devices Market Segmentation 1: By End-Users Estimates & Trend Analysis
5.1. By End-Users Analysis & Market Share, 2024 & 2034
5.2. Market Size (Value & Volume) & Forecasts and Trend Analyses, 2021 & 2034 for the following By End-Users:
5.2.1. Hospitals
5.2.2. Ophthalmic Clinics
5.2.3. Other End-Users
Chapter 6. Glaucoma Drainage Devices Market Segmentation 2: By Products Estimates & Trend Analysis
6.1. By Products Analysis & Market Share, 2024 & 2034
6.2. Market Size (Value & Volume) & Forecasts and Trend Analyses, 2021 & 2034 for the following By Products:
6.2.1. Conventional Glaucoma Drainage Devices
6.2.1.1. Valveless
6.2.1.2. Valved
6.2.2. Minimally Invasive Glaucoma Surgery Devices
6.2.2.1. Schlemm's Canal MIGS Devices
6.2.2.2. Suprachoroidal MIGS Devices
6.2.2.3. Subconjunctival MIGS Device
6.2.3. Other Products
Chapter 7. Glaucoma Drainage Devices Market Segmentation 3: Regional Estimates & Trend Analysis
7.1. North America
7.1.1. North America Glaucoma Drainage Devices Market revenue (US$ Million) and volume (No. of Units) estimates and forecasts By End-Users, 2021 & 2034
7.1.2. North America Glaucoma Drainage Devices Market revenue (US$ Million) and volume (No. of Units) estimates and forecasts By Products, 2021 & 2034
7.1.3. North America Glaucoma Drainage Devices Market revenue (US$ Million) and volume (No. of Units) estimates and forecasts by country, 2021 & 2034
7.1.3.1. U.S.
7.1.3.2. Canada
7.2. Europe
7.2.1. Europe Glaucoma Drainage Devices Market revenue (US$ Million) and volume (No. of Units) By End-Users, 2021 & 2034
7.2.2. Europe Glaucoma Drainage Devices Market revenue (US$ Million) and volume (No. of Units) estimates and forecasts By Products, 2021 & 2034
7.2.3. Europe Glaucoma Drainage Devices Market revenue (US$ Million) and volume (No. of Units) by country, 2021 & 2034
7.2.3.1. Germany
7.2.3.2. Poland
7.2.3.3. France
7.2.3.4. Italy
7.2.3.5. Spain
7.2.3.6. UK
7.2.3.7. Rest of Europe
7.3. Asia Pacific
7.3.1. Asia Pacific Glaucoma Drainage Devices Market revenue (US$ Million) and volume (No. of Units) By End-Users, 2021 & 2034
7.3.2. Asia Pacific Glaucoma Drainage Devices Market revenue (US$ Million) and volume (No. of Units) estimates and forecasts By Products, 2021 & 2034
7.3.3. Asia Pacific Glaucoma Drainage Devices Market revenue (US$ Million) and volume (No. of Units) by country, 2021 & 2034
7.3.3.1. China
7.3.3.2. India
7.3.3.3. Japan
7.3.3.4. Australia
7.3.3.5. Rest of Asia Pacific
7.4. Latin America
7.4.1. Latin America Glaucoma Drainage Devices Market revenue (US$ Million) and volume (No. of Units) By End-Users, (US$ Million) 2021 & 2034
7.4.2. Latin America Glaucoma Drainage Devices Market revenue (US$ Million) and volume (No. of Units) estimates and forecasts By Products,2021 & 2034
7.4.3. Latin America Glaucoma Drainage Devices Market revenue (US$ Million) and volume (No. of Units) by country, (US$ Million) 2021 & 2034
7.4.3.1. Brazil
7.4.3.2. Rest of Latin America
7.5. MEA
7.5.1. MEA revenue Glaucoma Drainage Devices Market revenue (US$ Million) and volume (No. of Units) By End-Users, (US$ Million) 2021 & 2034
7.5.2. MEA Glaucoma Drainage Devices Market revenue (US$ Million) and volume (No. of Units) estimates and forecasts By Products, 2021 & 2034
7.5.3. MEA revenue Glaucoma Drainage Devices Market revenue (US$ Million) and volume (No. of Units) by country, (US$ Million) 2021 & 2034
7.5.3.1. South Africa
7.5.3.2. Rest of MEA
Chapter 8. Competitive Landscape
8.1. Company Profiles
8.1.1. Alcon
8.1.2. Abbott Medical Optics
8.1.3. Ziemer Ophthalmic Systems
8.1.4. Corza Ophthalmology
8.1.5. Novartis AG
8.1.6. Aurolab
8.1.7. Katalyst Surgical
8.1.8. Carl Zeiss Meditec AG
8.1.9. Lumenis Be Ltd.
8.1.10. ASICO, LLC
8.1.11. Glaukos Corporation
8.1.12. AbbVie Inc. (Allergan)
8.1.13. Johnson & Johnson Vision Care, Inc
8.1.14. Avisi Technologies LLC
8.1.15. InnFocus Inc
8.1.16. Nova Eye Medical
8.1.17. Santen SA
8.3. List of Other Prominent Players
By Product-
By End-Users-
By Region-
North America-
Europe-
Asia-Pacific-
Latin America-
Middle East & Africa-
InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.
Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.
Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.
Secondary research
The secondary research sources that are typically mentioned to include, but are not limited to:
The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista
Primary Research:
Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies
The contributors who typically take part in such a course include, but are not limited to:
Data Modeling and Analysis:
In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.
The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.
To know more about the research methodology used for this study, kindly contact us/click here.
