Product Code: ETC6181738 | Publication Date: Sep 2024 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In Australia, the glaucoma and cataract surgery devices market is expanding due to the growing incidence of age-related eye disorders. The rising demand for minimally invasive surgeries has led to the adoption of advanced devices like microinvasive glaucoma surgery (MIGS) tools. The presence of a robust healthcare infrastructure and favorable reimbursement policies supports the growth of this segment.
In Australia, the combined market for glaucoma and cataract surgery devices is experiencing robust growth due to the overlapping prevalence of these eye conditions, particularly in aging individuals. The trend is shifting towards minimally invasive surgical procedures supported by advanced micro-incisional devices and improved intraocular lenses (IOLs). Innovations in femtosecond lasers and phacoemulsification systems have enhanced surgical precision and recovery outcomes, encouraging more ophthalmologists to adopt these technologies.
One of the primary challenges in the glaucoma and cataract surgery devices market in Australia is the need for continuous technological innovation to improve surgical outcomes. The cost of advanced surgical devices and the significant investment required for hospitals and clinics to upgrade their equipment is a barrier for many healthcare facilities. Moreover, there is a shortage of skilled professionals trained to use complex devices, which impacts the effective implementation of these technologies.
The Australian glaucoma and cataract surgery devices market is driven by the increasing prevalence of both cataracts and glaucoma, particularly in the aging population. With a rising number of patients seeking surgical interventions, there are opportunities for investments in advanced surgical devices, such as laser systems, intraocular lenses, and minimally invasive surgical tools. Key areas for investment include innovations that improve surgical outcomes, reduce recovery times, and enhance patient safety. Companies focusing on developing devices that combine cataract and glaucoma surgery solutions are likely to benefit from this growing market.
Government regulations in Australia related to medical devices, including glaucoma and cataract surgery devices, are guided by the Therapeutic Goods Administration (TGA), which ensures that all medical devices are properly evaluated for safety and efficacy before they are introduced into the market. Policies encourage innovation but also mandate strict guidelines on product approval and post-market surveillance to ensure ongoing safety. Subsidies and funding under the Medicare system also make these devices more accessible to the population.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia Glaucoma and Cataract Surgery Devices Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Glaucoma and Cataract Surgery Devices Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Glaucoma and Cataract Surgery Devices Market - Industry Life Cycle |
3.4 Australia Glaucoma and Cataract Surgery Devices Market - Porter's Five Forces |
3.5 Australia Glaucoma and Cataract Surgery Devices Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Australia Glaucoma and Cataract Surgery Devices Market Revenues & Volume Share, By Surgery Type, 2021 & 2031F |
3.7 Australia Glaucoma and Cataract Surgery Devices Market Revenues & Volume Share, By End Users, 2021 & 2031F |
4 Australia Glaucoma and Cataract Surgery Devices Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Australia Glaucoma and Cataract Surgery Devices Market Trends |
6 Australia Glaucoma and Cataract Surgery Devices Market, By Types |
6.1 Australia Glaucoma and Cataract Surgery Devices Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Australia Glaucoma and Cataract Surgery Devices Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Australia Glaucoma and Cataract Surgery Devices Market Revenues & Volume, By Glaucoma Surgery Device, 2021- 2031F |
6.1.4 Australia Glaucoma and Cataract Surgery Devices Market Revenues & Volume, By Cataract Surgery Device, 2021- 2031F |
6.2 Australia Glaucoma and Cataract Surgery Devices Market, By Surgery Type |
6.2.1 Overview and Analysis |
6.2.2 Australia Glaucoma and Cataract Surgery Devices Market Revenues & Volume, By Glaucoma Surgery Type, 2021- 2031F |
6.2.3 Australia Glaucoma and Cataract Surgery Devices Market Revenues & Volume, By Cataract Surgery Type, 2021- 2031F |
6.3 Australia Glaucoma and Cataract Surgery Devices Market, By End Users |
6.3.1 Overview and Analysis |
6.3.2 Australia Glaucoma and Cataract Surgery Devices Market Revenues & Volume, By Hospital, 2021- 2031F |
6.3.3 Australia Glaucoma and Cataract Surgery Devices Market Revenues & Volume, By Ophthalmology Clinic, 2021- 2031F |
6.3.4 Australia Glaucoma and Cataract Surgery Devices Market Revenues & Volume, By Outpatient Surgery Center, 2021- 2031F |
7 Australia Glaucoma and Cataract Surgery Devices Market Import-Export Trade Statistics |
7.1 Australia Glaucoma and Cataract Surgery Devices Market Export to Major Countries |
7.2 Australia Glaucoma and Cataract Surgery Devices Market Imports from Major Countries |
8 Australia Glaucoma and Cataract Surgery Devices Market Key Performance Indicators |
9 Australia Glaucoma and Cataract Surgery Devices Market - Opportunity Assessment |
9.1 Australia Glaucoma and Cataract Surgery Devices Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Australia Glaucoma and Cataract Surgery Devices Market Opportunity Assessment, By Surgery Type, 2021 & 2031F |
9.3 Australia Glaucoma and Cataract Surgery Devices Market Opportunity Assessment, By End Users, 2021 & 2031F |
10 Australia Glaucoma and Cataract Surgery Devices Market - Competitive Landscape |
10.1 Australia Glaucoma and Cataract Surgery Devices Market Revenue Share, By Companies, 2024 |
10.2 Australia Glaucoma and Cataract Surgery Devices Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |