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Gel Stents Market Report 2024 | Insights, Trends, Demands & Competitors Analysis

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(Free Press Release) global gel stents market is anticipated to reach USD 0.37 Billion by the end of 2024 growing at a compound annual growth rate of 30% over the next 5-6 years.

Gel Stents Market Report 2024 | Insights, Trends, Demands & Competitors Analysis


      

Transforming healthcare system such as hospitals/clinics integrating latest technology, spike in private insurance coverage and increasing geriatric population with glaucoma defect are the major factors driving the growth of gel stents market all across the globe. Global glaucoma market was valued USD 5 billion in 2016, with minimal innovation on pharmaceutical, surgery and device side. iStent is the smallest implant to be implanted in the body known to be the first micro invasive glaucoma surgery device (MIGS device). The first MIGS device was approved by FDA in 2012 and has been implanted in over 300,000 eyes and exceeded USD 71 million from the sales of iStents. Global gel stents market is likely to reach USD 17.25 billion by the end of 2024. On the back of recent advancements in glaucoma surgeries, global gel stents market is anticipated to reach USD 0.37 Billion by the end of 2024 growing at a compound annual growth rate of 30% over the next 5-6 years. Research segment contributes around 40% in global gel stent market and eye research institutes dominate the end user segment of global gel stent market. Asia Pacific gel stents market tends to pose the highest growth rate due to rising interest in advanced and novel technology with minimally invasive procedure.

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Market Segmentation

· By Clinical Trials

o Preclinical

o Clinical phase I/II

o Clinical Phase II

o Clinical Phase III

o Research

· By End User

o Eye Clinics

o Eye Research Institutes

o Hospitals

· By Geography

o North America (US, Canada) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}

o Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}

o Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of Middle East & Africa) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}

o Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}

o Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}

o Rest of the World {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}

Global Gel Stents Market Outlook 2024” contains detailed overview of the global gel stents market in terms of market segmentation by clinical trials and end-user.

Further, for the in-depth analysis, gel stents market report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis.

Global gel stents market report also includes competitive outlook of some of the major players of the global gel stents market which includes profiling of companies like Innfocus, Allergan, Aquesys, Glaukos, etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments. Overall, the report represents comprehensive synopsis on the global gel stent market trends that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

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Gel Stents Market Report 2024 | Insights, Trends, Demands & Competitors Analysis

Source: Press Release

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