Emerging Trends in Minimally Invasive Glaucoma Surgery (MIGS) Devices Market

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Opportunity Analysis and Industry Forecast,
2016-2023
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Introduction of MIGS Devices Market
The global minimally invasive glaucoma surgery
(MIGS) devices market was valued at 144 million
in 2016, and is projected to reach 912 million
by 2023, growing at a CAGR of 30.1 from 2017 to
2023. The glaucoma in conjunction with cataract
surgery segment accounted for three-fifths share
of the market in 2016. Minimally invasive
glaucoma surgery (MIGS) devices are employed in
the treatment of glaucoma to provide a safer and
less invasive means of reducing intraocular
pressure (IOP) as compared to conventional
glaucoma surgery devices. MIGS devices are
anticipated to become a preferred surgical
modality in near future for the treatment of
glaucoma as it reduces dependency on topical
medications as well as gets rid of complications
associated to traditional procedures.
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Introduction of MIGS Devices Market
Scope of
the Report
Key Benefits Key Audiences
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Key Benefits

• The MIGS stents generated the highest revenue in
  2016, and is anticipated to do so throughout the
  forecast period, registering a CAGR of 27.1 from
  2017 to 2023.
• Eye hospitals dominated the market, accounting
  for maximum share in 2016 and is expected to
  witness a CAGR of 26.3 from 2017 to 2023.
• North America dominated the global minimally
  invasive glaucoma surgery (MIGS) market,
  accounting for maximum share in 2016 and is
  expected to retain the same trend during 2017 to
  2023.
• The MIGS shunts product segment is expected to
  witness the highest growth rate during the
  forecast period.
• Japan accounted for one-fourth share of the
  Asia-Pacific minimally invasive glaucoma surgery
  (MIGS) devices market in 2016.

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Table of Content (TOC)
Chapter 1 Introduction Chapter 2 Executive
Summary Chapter 3 Market Overview Chapter 4
Minimally Invasive Glaucoma Surgery (MIGS)
Devices Market, By Surgery Chapter 5 Minimally
Invasive Glaucoma Target (MIGS) Devices Market,
By Target Chapter 6 Minimally Invasive Glaucoma
Product (MIGS) Devices Market, By
Product Chapter 7 Minimally Invasive Glaucoma
End User (MIGS) Devices Market, By End
User Chapter 8 Minimally Invasive Glaucoma
Surgery (MIGS) Devices Market, By Region
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Segments MIGS Devices Market
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Segments MIGS Devices Market
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Segments MIGS Devices Market
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MIGS Devices Market
Rise in incidence of glaucoma across the globe,
reoccurrence of glaucoma along with other eye
disorders, and increase in preference for ab
interno approach for the treatment of glaucoma
propels the market growth. Geriatric population
is prone to glaucoma such as mild to moderate
glaucoma conditions, primary angle-closure
glaucoma, and secondary angle-closure glaucoma,
which is set to drive the growth of this market.
Ineffective drug delivery witnessed in the
glaucoma medication has propelled the transition
of glaucoma treatment from medication to
minimally invasive glaucoma surgery (MIGS)
devices, thereby augmenting the market growth.
Garima Chandra Research Analyst, Healthcare at
AMR.
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