Product Code: ETC8845574 | Publication Date: Sep 2024 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Deep | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The demand for micro invasive glaucoma surgery (MIGS) devices is increasing as more patients seek effective yet less invasive treatment options. With the aging population at higher risk for glaucoma, there is a growing need for advanced surgical interventions. The adoption of MIGS devices in hospitals and specialized eye care centers is on the rise, driven by technological advancements and better surgical outcomes.
The shift towards minimally invasive surgical techniques for glaucoma treatment is a major driver of this market. Patients and healthcare providers are increasingly preferring micro invasive glaucoma surgery (MIGS) devices due to their safety and faster recovery times. Rising investments in ophthalmology research and the growing number of glaucoma cases are further fueling market expansion.
Challenges in the micro invasive glaucoma surgery (MIGS) devices market include the lack of trained surgeons specializing in this advanced procedure. Many ophthalmologists still prefer traditional glaucoma treatments due to familiarity and cost concerns. Additionally, insurance coverage for MIGS procedures is limited, making it difficult for many patients to afford the treatment. Import dependency also makes these devices expensive, restricting widespread adoption.
Advancements in ophthalmic surgical technology are fueling demand for micro invasive glaucoma surgery devices. Investors can explore opportunities in the development of next-generation implants, AI-assisted surgical tools, and collaborations with eye care hospitals for product adoption.
Glaucoma surgery devices are regulated under stringent medical device policies to ensure safety and effectiveness. The government provides incentives for private healthcare investments, encouraging the adoption of minimally invasive surgical technologies. Public health initiatives focus on increasing awareness and access to advanced glaucoma treatments.
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 Philippines Micro Invasive Glaucoma Surgery Devices Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Micro Invasive Glaucoma Surgery Devices Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Micro Invasive Glaucoma Surgery Devices Market - Industry Life Cycle |
3.4 Philippines Micro Invasive Glaucoma Surgery Devices Market - Porter's Five Forces |
3.5 Philippines Micro Invasive Glaucoma Surgery Devices Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Philippines Micro Invasive Glaucoma Surgery Devices Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Philippines Micro Invasive Glaucoma Surgery Devices Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Micro Invasive Glaucoma Surgery Devices Market Trends |
6 Philippines Micro Invasive Glaucoma Surgery Devices Market, By Types |
6.1 Philippines Micro Invasive Glaucoma Surgery Devices Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Philippines Micro Invasive Glaucoma Surgery Devices Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Philippines Micro Invasive Glaucoma Surgery Devices Market Revenues & Volume, By MIGS Stents, 2021- 2031F |
6.1.4 Philippines Micro Invasive Glaucoma Surgery Devices Market Revenues & Volume, By MIGS Shunts, 2021- 2031F |
6.1.5 Philippines Micro Invasive Glaucoma Surgery Devices Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Philippines Micro Invasive Glaucoma Surgery Devices Market, By End User |
6.2.1 Overview and Analysis |
6.2.2 Philippines Micro Invasive Glaucoma Surgery Devices Market Revenues & Volume, By Hospital Outpatient Departments, 2021- 2031F |
6.2.3 Philippines Micro Invasive Glaucoma Surgery Devices Market Revenues & Volume, By Ophthalmology Clinics, 2021- 2031F |
6.2.4 Philippines Micro Invasive Glaucoma Surgery Devices Market Revenues & Volume, By Ambulatory Surgery Centers, 2021- 2031F |
6.2.5 Philippines Micro Invasive Glaucoma Surgery Devices Market Revenues & Volume, By Others, 2021- 2031F |
7 Philippines Micro Invasive Glaucoma Surgery Devices Market Import-Export Trade Statistics |
7.1 Philippines Micro Invasive Glaucoma Surgery Devices Market Export to Major Countries |
7.2 Philippines Micro Invasive Glaucoma Surgery Devices Market Imports from Major Countries |
8 Philippines Micro Invasive Glaucoma Surgery Devices Market Key Performance Indicators |
9 Philippines Micro Invasive Glaucoma Surgery Devices Market - Opportunity Assessment |
9.1 Philippines Micro Invasive Glaucoma Surgery Devices Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Philippines Micro Invasive Glaucoma Surgery Devices Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Philippines Micro Invasive Glaucoma Surgery Devices Market - Competitive Landscape |
10.1 Philippines Micro Invasive Glaucoma Surgery Devices Market Revenue Share, By Companies, 2024 |
10.2 Philippines Micro Invasive Glaucoma Surgery Devices Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |