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Laser trabeculoplasty is a technique used for the intervention of open-angle glaucoma in patients who are unable to use medication, or in certain conditions such as pseudoexfoliation or pigmentary glaucoma. Laser trabeculoplasty is done to control intraocular pressure (IOP) in the eyes of glaucoma patients, who are awaiting filtering surgery. Complete glaucoma evaluation is done by the physician prior to recommending trabeculoplasty. The evaluation includes gonioscopy, intraocular pressure measurement, optic nerve examination, and central corneal pachymetry. A shift from usage of regular laser treatment procedure to selective laser trabeculoplasty procedure has been observed for the treatment of glaucoma, as the procedure creates minimal heat damage to adjacent tissue.

Increasing prevalence of glaucoma is a major factor that is driving the laser trabeculoplasty market. Other factors anticipated to drive the market include rise in geriatric population, preference for laser techniques leading to minimal heat damage to adjacent tissue, increasing number of domestic and global players entering the market with new products and techniques leading to increase in funding for R&D of surgical procedures. However, other surgical techniques and devices employed to lower intraocular pressure (IOP) such as non-penetrating glaucoma surgery, canaloplasty, trabecular bypass devices, suprachoroidal shunts, and other novel devices are projected to restrain the market during the forecast period.

The global laser trabeculoplastys market can be classified on the basis of treatment type, glaucoma type, end-user, and region. In terms of treatment type, the market can be segmented into argon laser trabeculoplasty and selective laser trabeculoplasty. In terms of glaucoma type, the global laser trabeculoplastys market can be segmented into open-angle glaucoma, angle-closure glaucoma, congenital glaucoma, normal-tension glaucoma, and others. The open-angle glaucoma segment is projected to account for a prominent share of the global laser trabeculoplasty market during the forecast period due to increase in certain medical problems due to previous eye surgery. Rising demand for first-line therapy for treatment of open-angle glaucoma and other types of glaucoma, especially in emerging economies such as China, Brazil, and India, is also likely to boost the laser trabeculoplasty market. In terms of end-user, the market can be segmented into hospitals, eye research institutes, ambulatory surgical centers, and ophthalmology clinics.

In terms of region, the global laser trabeculoplasty market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is projected to dominate the global market during the forecast period. According to the Glaucoma Research Foundation, 3 million Latin and North Americans have glaucoma, and in the U.S. more than 120,000 have lost their vision due to glaucoma, accounting for 9% to 12% of all cases of blindness. According to the World Health Organization, glaucoma is the second leading cause of blindness in the world. Furthermore, the increase in prevalence of glaucoma and rise in number of glaucoma surgeries, especially in developing countries such as China, South Africa, and India, are likely to propel the laser trabeculoplastys market in the countries of Asia Pacific & Middle East & Africa. According to a report published by the American Academy of Ophthalmology, in 2017, the rate of Primary Angle-Closure Glaucoma (PACG) occurrence in patients older than 40 years is 2.1% to 5.0% of the population, and 0.4% to 1.3% among East Asians. In comparison, rates are exceedingly lower in Caucasians (0.1% to 0.6%) and Africans (0.1% to 0.2%). In 2010, the global prevalence of angle-closure glaucoma was 15.7 million with nearly 25% of cases resulting in bilateral blindness. However, the incidence of glaucoma, and surgery related to eye diseases is rising in Asia Pacific due to increasing IOP and advancing age. This, in turn, is anticipated to fuel the demand for cost-effective laser trabeculoplasty devices. These factors are projected to drive the laser trabeculoplasty market in Asia Pacific between 2017 and 2025.

Key players operating in the global laser trabeculoplasty market include Quantel Medical, Ellex Medical Lasers Ltd., IRIDEX Corporation, Lumenis, Optotek d. o. o., MS Westfalia GmbH (Topcon Corporation), and Vision Systems Inc.

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Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

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The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

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The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

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10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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Laser Trabeculoplasty Market

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