Glaucoma is a disease characterized by increase in the intraocular pressure in the eye that leads to optic nerve damage and causes loss of vision or blindness. Most common types of glaucoma include closed-angle glaucoma and open angle glaucoma. Glaucoma can be diagnosed by determining the status of optic nerve, intraocular pressure, and drainage angle. Increase in geriatric population, escalation in prevalence rate of glaucoma disease, technological advancements in the glaucoma diagnostic devices, and sophisticated healthcare infrastructure in developed countries are expected to fuel the glaucoma diagnostic devices market. However, stringent regulatory guidelines for product approval, high cost of devices, and lack of well-trained professionals in underdeveloped countries may restrain the growth of glaucoma diagnostic devices market.
Geographically, the global glaucoma diagnostic devices market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa regions. North America glaucoma diagnostic devices market expected to growth at significant rate due increase in the prevalence of glaucoma (As per, Glaucoma Research Foundation survey, approximately 1 out of 10,000 newborn babies are born with glaucoma disease in U.S.), increase in healthcare expenditure, and rise in awareness about the glaucoma disease. Europe glaucoma diagnostic devices market expected to present lucrative growth due to adoption of newer diagnostic devices, rise in prevalence of glaucoma in Italy, Germany, Spain, and Austria, and presence of huge number of companies for diagnostic devices in the region. Asia Pacific glaucoma diagnostic devices market is poised to grow at notable rate due to development in healthcare infrastructure, large patient pool in China, India, and Japan. Latin America glaucoma diagnostic devices market is poised to grow at significant rate due to advances in healthcare infrastructure in emerging countries such as Brazil, expansion of businesses by the market players, and adoption of newer devices. Middle East and Africa glaucoma diagnostic devices market growth attributed to rise in prevalence of glaucoma in Africa region and rise in awareness about the glaucoma diagnosis.
Key players profiles in the global glaucoma diagnostic devices market include:
• Carl Zeiss Meditec AG (Germany)
• Topcon Corporation (Japan)
• Heidelberg Engineering GmbH (Germany)
• NIDEK CO., LTD (Japan)
• Optovue, Incorporated (U.S.)
• Leica Microsystems (Germany)
• HAAG-STREIT GROUP (U.S.)
Key Features of the Report:
• The report provides granular level information about the market size, regional market share, historic market (2012-2016) and forecast (2017-2023)
• The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
• The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
• The report tracks recent innovations, key developments and startup’s details that are actively working in the market
• The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
• The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market
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