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Gel Stent Market Industry Growth, Size, Share, Outlook, and Forecast | 2018-2026

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High cost of the gel stent, lack of availability of healthcare professionals and lack of awareness regarding the technique are factors that hinder growth of the gel stent Industry,
Gel Stent Market GLOBAL INDUSTRY INSIGHTS, TRENDS, OUTLOOK, AND
OPPORTUNITY ANALYSIS, 2018-2026
REPORT DESCRIPTION
Gel Stent Market – Overview
Rising population above the age of 40 is a major factor driving growth of the market. For instance in 2017, 2.7
million out of 3 million Americans are suffering with glaucoma were aged 40 and older. This is attributed to high
chances of people aged 40 and above suffering from miosis, in which excessive contraction of eye increase in the
elder population. Glaucoma is one of the leading cause for blindness. Increasing demand for minimally invasive
procedures and increasing incidences of glaucoma are other factors that are expected to drive growth of the global
gel stent market over the forecast period. According to Glaucoma Research Society in U.S. in 2017, more than
120,000 are blind from glaucoma.
However, high cost of the gel stent, lack of availability of healthcare professionals and lack of awareness
regarding the technique are factors that hinder growth of the gel stent market.
On the basis of geography, the global gel stent market is segmented into North America, Latin America, Europe,
Asia Pacific, Middle East, and Africa. North America is expected to hold dominant position in the gel stent
market, followed by Europe during the forecast period. The U.S. holds dominant position in the market in this
region due to continuous technological advancements and developed healthcare infrastructure.
REPORT DESCRIPTION
Gel Stent Market Taxonomy:
On the basis of end user:
Eye Research Institutes
Eye Clinics
Hospitals
On the basis of geography:
North America
Latin America
Europe
Asia Pacific
Middle East
Africa
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REPORT DESCRIPTION
Gel Stent Market - Competitive Landscape
Key players are focusing on research and development, in order to develop technologically advanced
products and enhance their product portfolio. The XEN (Allergan) received approval from the U.S. Food
and Drug Administration (FDA) in November 2016 and launched in the U.S. in early 2017. Major players
operating in the global gel stent market include Allergan, Alcon, Innfocus and Glaukos Corp.
On the basis of geography, the global gel stent market is segmented into North America, Latin America,
Europe, Asia Pacific, Middle East, and Africa. North America is expected to hold dominant position in the
gel stent market, followed by Europe during the forecast period. The U.S. holds dominant position in the
market in this region due to continuous technological advancements and developed healthcare
infrastructure.
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