Europe Micro Invasive Glaucoma Surgery (MIGS) Devices Market Analysis by Applications, Emerging Technologies, Latest Innovation, Top Trends, Growing Demand & Future Opportunities till 2027

Europe Micro Invasive Glaucoma Surgery (MIGS) Devices Market business research report provides an analytical measurement of the main challenges faced by the business currently and in the upcoming years. Market analysis, market definition, currency and pricing, key developments and market categorization along with detailed research methodology are the key factors of this market report. The market analysis of this market report provides an examination of various market segments that are supposed to witness the fastest development amid the estimated forecast frame. The wide ranging report presents the data and information for actionable, most modern and real-time market insights which makes it easy to go for critical business decisions.

Europe Micro Invasive Glaucoma Surgery (MIGS) Devices Market is growing with factors such as high prevalence of glaucoma across the world and rising geriatric population. The growing popularity of micro invasive surgery devices market in Europe also acts as a major factor for the growth of the market. Technological advancement has also boosted the Europe micro invasive glaucoma surgery (MIGS) devices market. However, inadequate reimbursement scenario decreased the demand of the market.

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Europe micro invasive glaucoma surgery (MIGS) devices market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses that the market is growing with the CAGR of 32.5% in the forecast period of 2020 to 2027 and expected to reach USD 2,672.9 million by 2027. Increases case of chronic diseases and increasing geriatric population are the major drivers of market which propelled the demand of the market in the forecast period.

Micro Invasive Glaucoma Surgery (MIGS) Devices Market Scenario

According to Data Bridge Market Research, the market for Europe micro invasive glaucoma surgery (MIGS) devices in Germany has the highest market share followed by France and U.K. Market leader Glaukos Corporation which accounts an estimated market share of approximately 36.6% in the European market. The company has gained outstanding sale by providing advanced micro invasive glaucoma surgery (MIGS) devices.

In November 2019, Glaukos Corporation announced the acquisition of Avedro, Inc., which also works in the development of products for corneal health. This acquisition has led to widening of product portfolio. Also, the revenue generation of the company is more in the market.

Trends Impacting the Market

Now the question is which other regions Glaukos Corporation, Allergan, Ivantis, Inc, Ellex, and Alcon are targeting? Data Bridge Market Research has forecasted a large growth in Germany micro invasive glaucoma surgery (MIGS) devices market and the market leaders targeting France and U.K to be their next pocket revenue for 2020.

Europe micro invasive glaucoma surgery (MIGS) devices market is becoming more competitive with companies such as Glaukos Corporation, Allergan, Ivantis, Inc, Ellex, and Alcon. These are the top dominating companies in micro invasive glaucoma surgery (MIGS) devices market. Data Bridge Market Research new reports highlight the major growth factors and opportunities in the Europe micro invasive glaucoma surgery (MIGS) devices market.

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Micro Invasive Glaucoma Surgery (MIGS) Devices Market Development

In April 2020, Allergan announced that China’s National Medical Products Administration (NMPA) approved the registration of Allergan’s XEN Gel Stent for the patients suffering from refractory glaucoma. As this is the first product to get the approval in China, which will lead to increased revenue generation in the market.

Scope of the Micro Invasive Glaucoma Surgery (MIGS) Devices Market

Europe micro invasive glaucoma surgery (MIGS) devices market on the basis of countries into Germany, France, U.K., Italy, Spain, Russia, Turkey, Belgium, Netherlands, Switzerland and Rest of Europe.

Europe micro invasive glaucoma surgery (MIGS) devices market is further analyzed based on maximum granularity into further segmentation. On the basis of product, Europe micro invasive glaucoma surgery (MIGS) devices market is segmented into MIGS stents, MIGS shunts, vasodialtion devices, filtration devices and surgical system. On the basis of target, Europe micro invasive glaucoma surgery (MIGS) devices market is segmented into trabecular meshwork, suprachoroidal space, subconjunctival filtration and reducing aqueous production. On the basis of surgery type, Europe micro invasive glaucoma surgery (MIGS) devices market is segmented into glaucoma in conjunction with cataract and stand-alone glaucoma. Glaucoma in conjunction with cataract and stand-alone glaucoma is further segmented into MIGS stents, MIGS shunts, vasodialtion devices, filtration devices and surgical system. On the basis of end user, Europe micro invasive glaucoma surgery (MIGS) devices market is segmented into hospital outpatient departments (HOPD), ophthalmology clinics, ambulatory surgery centers (ASCS) and others. On the basis of glaucoma type, Europe micro invasive glaucoma surgery (MIGS) devices market is segmented into open angle glaucoma, acute angle closure glaucoma, secondary glaucoma, normal tension glaucoma. On the basis of material type, Europe micro invasive glaucoma surgery (MIGS) devices market is segmented into titanium, stainless steel, polyamide, gelatin, silicone. On the basis of distribution channel, Europe micro invasive glaucoma surgery (MIGS) devices market is segmented into direct tender and retail sales.

Key Pointers Covered in Micro Invasive Glaucoma Surgery (MIGS) Devices Market Industry Trends and Forecast to 2027

Market Size

Top to Bottom Market Analysis

Recent Developments for Market Competitors

Recent Market Value for Different Countries

Market value and over view of micro invasive glaucoma surgery (MIGS) devices market

Company profiling of top eight players of micro invasive glaucoma surgery (MIGS) devices market

Key Market Competitors Covered in the Report

Glaukos Corporation

Allergan

Ivantis, Inc.

Ellex (Nova Eye Medical)

Alcon

BVI

Johnson and Johnson Surgical Vision, Inc.

MicroSurgical Technology

MOLTENO Ophthalmic Ltd

New World Medical, Inc.

Santen Pharmaceutical Co., Ltd.

Sight Sciences

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Micro invasive glaucoma surgery (MIGS) stands for micro-invasive glaucoma surgery which is useful in the treatment of glaucoma. It is a breakthrough technology in the treatment of mild to moderate glaucoma. It is an alternative to the medications given earlier and it also prevents the complications of conventional surgery.

These procedures are used to lower the intraocular pressure of the eye to prevent the damage of the optic nerve. These procedures are safer and have a very rapid recovery time as compared to conventional surgery. The various types of micro invasive glaucoma surgery (MIGS) devices that are implanted are shunts and stents to lower the Intraocular Pressure IOP.

For instance,

The Hydrus microstent was developed by Ivantis Inc. and currently has FDA approval for phase IV clinical trials. It is inserted into Schlemm’s canal to maintain patency and establish an outflow of aqueous humor.

Micro invasive glaucoma surgery (MIGS) is used to treat open-angle glaucoma. Initially, to treat open angle glaucoma (OAG), medication was given that reduced aqueous humor production or increased aqueous humor outflow. For mild to moderate open angle glaucoma (OAG), traditionally pharmacologic and laser treatment was performed.

With the coming of micro invasive glaucoma surgery (MIGS) procedures, new options were created for those who were not fit for conventional surgery type. An increase in the population of geriatrics and increasing government initiatives for the prevention of blindness are giving a boost to the market. The rapid transition from glaucoma medication to minimally invasive glaucoma surgeries is creating growth opportunities for the manufacturer of Micro invasive glaucoma surgery (MIGS) devices. However, poor reimbursement facilities act as an obstacle to the market.

Europe micro invasive glaucoma surgery (MIGS) devices market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.

Europe Micro Invasive Glaucoma Surgery (MIGS) Devices Market Scope and Market Size

Micro invasive glaucoma surgery (MIGS) devices market is segmented on the basis of product, target, surgery type, end user, glaucoma type, material type and distribution channel. The growth among segments helps you to analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

On the basis of product, Europe micro invasive glaucoma surgery (MIGS) devices market is segmented into MIGS stents, MIGS shunts, vasodialtion devices, filtration devices and surgical system. In 2020, MIGS stents segment is expected to dominate the market due to the increase in geriatric population is the driving factor for MIGS stents segment in the market. However, inadequate reimbursement scenario may hamper the growth of the market.

On the basis of target, Europe micro invasive glaucoma surgery (MIGS) devices market is segmented into trabecular meshwork, suprachoroidal space, subconjunctival filtration and reducing aqueous production. In 2020, trabecular meshwork segment is expected to dominate the market as various products are available in the market which is targeting trabecular meshwork for the glaucoma treatment as trabecular meshwork is one of the main structures of the drainage angle and plays a very crucial role in the drainage of aqueous humor. In eye majority of fluid draining out of the eye is via the trabecular meshwork.

On the basis of surgery type, Europe micro invasive glaucoma surgery (MIGS) devices market is segmented into glaucoma in conjunction with cataract and stand-alone glaucoma. Glaucoma in conjunction with cataract and stand-alone glaucoma is further segmented into MIGS stents, MIGS shunts, vasodialtion devices, filtration devices and surgical system. In 2020, glaucoma in conjunction with cataract segment is expected to dominate the market due to increasing adoption of micro invasive glaucoma surgery (MIGS) procedure conjunction with cataract in the developed and developing countries.

On the basis of end user, Europe micro invasive glaucoma surgery (MIGS) devices market is segmented into hospital outpatient departments (HOPD), ophthalmology clinics, ambulatory surgery centers (ASCS) and others. In 2020, hospital outpatient departments (HOPD) segment is expected to dominate the market as the micro invasive glaucoma surgery (MIGS) procedure is an outpatient surgery that normally takes less than 30 minutes and hospital outpatient departments (HOPD) are one of the first contact point and most trustable option for the patients in the various countries.

On the basis of glaucoma type, Europe micro invasive glaucoma surgery (MIGS) devices market is segmented into open angle glaucoma, acute angle closure glaucoma, secondary glaucoma, normal tension glaucoma. In 2020, open angle glaucoma is dominating due to increasing open angle glaucoma patient and rising awareness related to advantage MIGS are driving the market growth of segment during the forecast period.

On the basis of material type, Europe micro invasive glaucoma surgery (MIGS) devices market is segmented into titanium, stainless steel, polyamide, gelatin, silicone. In 2020, high adoption of titanium based product in minimally invasive glaucoma surgery and consumer preference are driving the titanium segment growth during the forecast period.

On the basis of distribution channel, Europe micro invasive glaucoma surgery (MIGS) devices market is segmented into direct tender and retail sales. In 2020, direct tender segment is expected to dominate the market as most of the of the hospital outpatient departments (HOPD), ophthalmology clinics, ambulatory surgery centers (ASCS) prefers direct tender for seeking the benefits of bulk buying, discounts and easy availability of products.

Europe Micro Invasive Glaucoma Surgery (MIGS) Devices Market research report encompasses a far-reaching research on the current conditions of the industry, potential of the market in the present and the future prospects. This report also covers very important aspect which is competitive intelligence and with this businesses can gain competitive advantage to thrive in the market. What is more, this market report also comprises of details about market analysis, market definition, market segmentation, key development areas, competitive analysis and research methodology. Only authentic tools of market analysis are used in the whole report on which businesses can trust confidently. An influential market analysis report gives an examination of a range of segments that are relied upon to witness the quickest development amid the estimate forecast frame. The data and information covered in the report are obtained from reliable sources such as websites, annual reports of the companies, journals, and others and were checked and validated by the market experts. The company profiles of all the key players and brands that are dominating the market with moves like product launches, joint ventures, mergers and acquisitions which in turn is affecting the sales, import, export, revenue and CAGR values are mentioned in the report.

Get Download detailed Table of Contents of this market research report: https://www.databridgemarketresearch.com/toc/?dbmr=Europe-Micro-Invasive-Glaucoma-Surgery-MIGS-Devices-Market

Focuses Covered in The Report:

-The focuses that are talked about inside the report are the significant market players that are engaged with the market.
-The total profile of the organizations is referenced.
-The creation, deals, future techniques, and the mechanical advancements that they are making are likewise included inside the report.
-The development variables of the market is talked about exhaustively wherein the different end clients of the market are clarified exhaustively.
-The application region of the market are additionally examined accordingly giving a wide thought regarding the market to the clients.
-The report contains the SWOT investigation of the market. At last, the report contains the end part where the assessments of the modern specialists are incorporated.

Some of the key questions answered in this report:
-Detailed Overview of this Market helps deliver clients and business making strategies.
-Influential factors that are thriving demand and constraints in the market.
-What is the market concentration? Is it fragmented or highly concentrated?
-What trends, challenges, and barriers will impact the development and sizing of this Market?
-SWOT Analysis of each key player mentioned along with its company profile with the help of Porter’s five forces tool mechanism to compliment the same.
-What growth momentum or acceleration market carries during the forecast period?

Important Points Covered in Market Report Are:
-Study Coverage
-Executive Summary
-Breakdown Data by Manufacturers
-Breakdown Data by Product
-Breakdown Data by End User
-Breakdown Data by Countries
-Market Opportunities, Challenges, Risks and Influences Factors Analysis
-Company Profiles
-Future Forecast (2022–2029)
-Value Chain and Sales Channels Analysis
-Research Findings and Conclusion
-And More.

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Data Bridge set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approach