Asia-Pacific Micro Invasive Glaucoma Surgery (MIGS) Devices Market is expected to reach the value of USD 787.04 million by 2029

Press Release Apr 25, 2025 20 Add to Reading List

The Asia-Pacific Micro Invasive Glaucoma Surgery (MIGS) Devices Market sector is undergoing rapid transformation, with significant growth and innovations expected by 2029. In-depth market research offers a thorough analysis of market size, share, and emerging trends, providing essential insights into its expansion potential. The report explores market segmentation and definitions, emphasizing key components and growth drivers. Through the use of SWOT and PESTEL analyses, it evaluates the sector’s strengths, weaknesses, opportunities, and threats, while considering political, economic, social, technological, environmental, and legal influences. Expert evaluations of competitor strategies and recent developments shed light on geographical trends and forecast the market’s future direction, creating a solid framework for strategic planning and investment decisions.

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Report Scope and Market Segmentation

Which are the driving factors of the Asia-Pacific Micro Invasive Glaucoma Surgery (MIGS) Devices Market?

The driving factors of the Asia-Pacific Micro Invasive Glaucoma Surgery (MIGS) Devices Market are multifaceted and crucial for its growth and development. Technological advancements play a significant role by enhancing product efficiency, reducing costs, and introducing innovative features that cater to evolving consumer demands. Rising consumer interest and demand for keyword-related products and services further fuel market expansion. Favorable economic conditions, including increased disposable incomes, enable higher consumer spending, which benefits the market. Supportive regulatory environments, with policies that provide incentives and subsidies, also encourage growth, while globalization opens new opportunities by expanding market reach and international trade.

Asia-Pacific Micro Invasive Glaucoma Surgery (MIGS) Devices Market - Competitive and Segmentation Analysis:

**Segments**

The Asia-Pacific Micro Invasive Glaucoma Surgery (MIGS) Devices Market is segmented based on product type, surgery type, end-user, and country. By product type, the market can be segmented into stents, shunts, and others. The stents segment is expected to witness significant growth due to the rising prevalence of glaucoma and the increasing adoption of MIGS procedures. The shunts segment is also anticipated to show substantial growth owing to technological advancements and the effectiveness of shunts in managing intraocular pressure. Based on surgery type, the market is divided into standalone MIGS procedures and MIGS combined with cataract surgery. The MIGS combined with cataract surgery segment is projected to dominate the market as it offers the advantage of addressing two conditions simultaneously. In terms of end-user, the market is categorized into hospitals, ophthalmic clinics, and ambulatory surgical centers. The hospitals segment is likely to hold the largest market share due to the high patient inflow and the availability of advanced healthcare facilities.

**Market Players**

- Glaukos Corporation
- Ivantis, Inc.
- Santen Pharmaceutical Co., Ltd.
- Ellex Medical Lasers Ltd.
- Allergan (AbbVie Inc.)
- New World Medical, Inc.
- Lumenis
- SOLX
- Alcon (Novartis AG)
- InnFocus Inc.
- Sight Sciences
- AqueSys, Inc.
- iSTAR Medical
- Omega Ophthalmics
- InjectSense

The Asia-Pacific Micro Invasive Glaucoma Surgery (MIGS) Devices Market is witnessing significant growth driven by several key factors. One of the primary growth drivers is the increasing prevalence of glaucoma in the region. Glaucoma is a leading cause of irreversible blindness, and the rising geriatric population in Asia-Pacific is contributing to the higher incidence of this disease. As MIGS procedures offer minimally invasive treatment options with quicker recovery times, they are becoming increasingly popular among both patients and healthcare providers. Additionally, the advancements in MIGS device technology, such as the development of more efficient stents and shunts, are further fueling market growth.

Furthermore, the growing awareness about the benefits of early diagnosis and treatment of glaucoma is driving the demand for MIGS devices. Governments and healthcare organizations in countries like China, Japan, and India are focusing on raising awareness about eye health and conducting screening programs, which is expected to boost the adoption of MIGS procedures. Moreover, the increasing healthcare expenditure in the region, coupled with the expanding healthcare infrastructure, is creating lucrative opportunities for market players in the Asia-Pacific MIGS devices market.

Despite the positive growth prospects, the market faces certain challenges that could impede its growth trajectory. One of the key challenges is the high cost associated with MIGS procedures and devices. This can limit the adoption of MIGS among patients, especially in emerging economies where healthcare affordability is a concern. Additionally, the lack of skilled ophthalmic surgeons proficient in performing MIGS procedures could hinder market growth. Training programs and educational initiatives are essential to address this challenge and ensure the widespread adoption of MIGS devices in the Asia-Pacific region.

In conclusion, the Asia-Pacific Micro Invasive Glaucoma Surgery (MIGS) Devices Market is poised for significant growth driven by factors such as the increasing prevalence of glaucoma, technological advancements in MIGS devices, and growing awareness about eye health. Market players need to focus on developing innovative and cost-effective solutions to address the unmet needs in the region's healthcare landscape. By leveraging opportunities such as collaborations with healthcare providers and government initiatives, market players can establish a strong foothold in the Asia-Pacific MIGS devices market.

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Key Benefits for Industry Participants and Stakeholders: –

Industry drivers, trends, restraints, and opportunities are covered in the study.
Neutral perspective on the Asia-Pacific Micro Invasive Glaucoma Surgery (MIGS) Devices Market scenario
Recent industry growth and new developments
Competitive landscape and strategies of key companies
The Historical, current, and estimated Asia-Pacific Micro Invasive Glaucoma Surgery (MIGS) Devices Market size in terms of value and size
In-depth, comprehensive analysis and forecasting of the Asia-Pacific Micro Invasive Glaucoma Surgery (MIGS) Devices Market

Key Questions Answered:

1. What is the Asia-Pacific Micro Invasive Glaucoma Surgery (MIGS) Devices Market?

2. How big is the Asia-Pacific Micro Invasive Glaucoma Surgery (MIGS) Devices Market?

3. What is the growth rate of the Asia-Pacific Micro Invasive Glaucoma Surgery (MIGS) Devices Market?

4. What are the key drivers of the Asia-Pacific Micro Invasive Glaucoma Surgery (MIGS) Devices Market?

5. Which region dominates the Asia-Pacific Micro Invasive Glaucoma Surgery (MIGS) Devices Market?

6. Who are the major players in the Asia-Pacific Micro Invasive Glaucoma Surgery (MIGS) Devices Market?

7. What segments are included in the Asia-Pacific Micro Invasive Glaucoma Surgery (MIGS) Devices Market?

8. What are the challenges facing the Asia-Pacific Micro Invasive Glaucoma Surgery (MIGS) Devices Market?

9. What is the future outlook for the Asia-Pacific Micro Invasive Glaucoma Surgery (MIGS) Devices Market?

10. How can companies benefit from the Asia-Pacific Micro Invasive Glaucoma Surgery (MIGS) Devices Market?

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