02.08.2018 Views

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

The Global Minimally Invasive Glaucoma Surgery (MIGS) Devices Market was valued at $144 million in 2016, and is expected to reach $912 million by 2023, registering a CAGR of 30.1% from 2017 to 2023.

The Global Minimally Invasive Glaucoma Surgery (MIGS) Devices Market was valued at $144 million in 2016, and is expected to reach $912 million by 2023, registering a CAGR of 30.1% from 2017 to 2023.

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Introductionof<br />

<strong>MIGS</strong> <strong>Devices</strong> <strong>Market</strong><br />

The global m<strong>in</strong>imally <strong>in</strong>vasive glaucoma surgery (<strong>MIGS</strong>) devices market was valued at<br />

$144 million <strong>in</strong> 2016, and is projected to reach $912 million by 2023, grow<strong>in</strong>g at a<br />

CAGR of 30.1% from 2017 to 2023. The glaucoma <strong>in</strong> conjunction with cataract surgery<br />

segment accounted for three-fifths share of the market <strong>in</strong> 2016.<br />

M<strong>in</strong>imally <strong>in</strong>vasive glaucoma surgery (<strong>MIGS</strong>) devices are employed <strong>in</strong> the treatment of<br />

glaucoma to provide a safer and less <strong>in</strong>vasive means of reduc<strong>in</strong>g <strong>in</strong>traocular pressure<br />

(IOP) as compared to conventional glaucoma surgery devices. <strong>MIGS</strong> devices are<br />

anticipated to become a preferred surgical modality <strong>in</strong> near future for the treatment of<br />

glaucoma as it reduces dependency on topical medications as well as gets rid of<br />

complications associated to traditional procedures.

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