Lacrimal Device Market Analysis, Business Development, Size, Share, Trends, Future Growth, Forecast to 2030

Lacrimal Device Market

global demand for medical Lacrimal Devices is predicted to expand at a 5.5% compound annual growth rate (CAGR), with a market value of roughly US$ 25.6 million in 2021.The lacrimal system is an ocular defence mechanism that keeps the eye moist and dust-free. The nasal punctum and lacrimal ducts of the eye are typically the only lacrimal organs. The lacrimal devices’ main function is to fix the lacrimal drainage system. During a nasal punctum procedure, a silicone balloon or catheter is placed into the punctum. The balloon is then put into the lacrimal duct to maintain the integrity of the nasolacrimal duct and enable tear fluid outflow from the eye. The market for lacrimal devices is being driven in large part by the high need for safe lacrimal treatment methods that improve patient outcomes. For improved patient compliance with the paediatric age group, ophthalmologists, for instance, strongly favour balloon catheter dilatation.The lacrimal devices market is anticipated to be driven by technological advancements, the introduction of new products, and increased demand for eye care. As an illustration, dacryocystitis is an infection or inflammation of the nasolacrimal sac that frequently leads to a blockage of the nasolacrimal duct. The prevalence of such diseases will rise as a result of the requirement for eye care. The creation of cutting-edge devices for eye surgery is anticipated to fuel market growth. The market is anticipated to grow as a result of industry participants paying increasing attention to highly accurate, enhanced, and affordable lacrimal devices.

Small tubes called lacrimal devices, such as Nasolacrimal stents, create a new drainage pathway for tears. They offer a route for tear drainage when the typical tear ducts malfunction and other drainage systems are not available. The first described stent was utilised by Graue in 1932; it was made of silver wire. Since then, many materials have been used, including silk, nylon, polyethylene, and polypropylene. Typically, silicone or another semi-rigid yet flexible material with an open centre hole is used to make the tubes. The global market for lacrimal devices is being driven by an increase in patients who have nasolacrimal duct obstruction as well as an increased need for ophthalmic therapies with higher success rates and minimal intrusions. In the anticipated time frame.

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Lacrimal Device Market: Segment Analysis

Global Lacrimal Device Market: By Type
Lacrimal Cannula
Lacrimal Dilator
Others

Global Lacrimal Device Market: By Application
Hospitals
Ophthalmic Clinics
Ambulatory Surgical Centers
Others

Global Lacrimal Device Market:key players
B. Braun
Cook Group
Medtronic
Stryker
Smiths Group
ConMed
Hill-Rom Holdings

Key Regions & Countries

All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Physiotherapy Devices market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.

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Key Questions Answered in This Report

  • What is the driving factor for the growth of this Market?
  • How will the COVID-19 pandemic impact the demand and consumption of this Market?
  • What is the major application area of this Market?
  • Which geographical location is dominant in this Market?
  • Which are the top industry players in this Market?

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