Gel Stent Market Globally Expected to Drive Growth through 2027

Gel Stent Market Dynamics, Forecast, Analysis and
Supply Demand 2017-2027
April 2017
Report Id : REP-GB-3072
Status : Ongoing
Category : Healthcare, Pharmaceuticals & Medical Devices
©2015 Future Market Insights, All Rights Reserved
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Gel Stent Market Dynamics, Forecast, Analysis and Supply Demand 20172027
Astent is a small tube that is expandable and is used for treatment of the narrowed arteries. Stents can
also be placed in weak arteries to improve the blood flow and prevent arteries from bursting. The most
common surgical treatment for glaucoma is trabeculectomy or trabeculoplasty which are highly effective
yet invasive. The gel stent is made up of soft collagen derived gelatin. On injection, the stent gets
hydrated and swells which create a soft and flexible channel that adheres to ocular tissue and cannot
move. The procedure is minimally invasive, it reduces the intraocular pressure (IOP) significantly by
drainage of fluid to subconjunctival passage, and the material minimizes the complication as compared to
other synthetic materials.
Gel Stent Market: Drivers & Restraints
The population above the age of 40 is more prone to the disease of eyes and malfunctioning of various
eye structures. Thus the rise in geriatric population is one of the major driver that can influence the
growth of the gel stent market. Glaucoma is one of the leading cause for blindness. It is estimated that
about 3.54 percent of population worldwide has glaucoma. Rise in prevalence and incidence of
glaucoma, rise in healthcare expenditure, minimal invasive procedure as compared to other surgeries,
technologically advanced procedure are the factors that can propel the growth of the global gel stent
market. Some factors that can pull back the global gel stent market are rise in the cost of the procedure,
less availability of super specialized professionals. The lack of experience and knowledge about the
efficacy,
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Gel Stent Market Dynamics, Forecast, Analysis and Supply Demand 20172027
Gel Stent Market: Overview
The global gel stent market is expected to expand at a significant growth rate across regions. The players
operating in this segment are working on their research and development process to build advanced
products and increase their product portfolio. The prevalence of glaucoma and other eye injuries are on
the rise across North American countries due to a large number of elderly population. Furthermore,
there is rise in the cases of congenital glaucoma due to change in lifestyle and habits which can propel
the growth of the market.
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Gel Stent Market: Region-wise Outlook
A geographic condition regarding the global gel stent market, it has been segmented into seven key
regions: North America, Latin America, Eastern Europe, Western Europe, Asia-Pacific excluding Japan,
Japan and the Middle East & Africa. North America is expected to register the highest growth in the
global stent market in terms of value which is then followed by Europe. The factors responsible for the
growth of the market are technologically developed economy, rise in awareness among people about the
latest technologies and treatment, highest number of
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Gel Stent Market Dynamics, Forecast, Analysis and Supply Demand 20172027
case in glaucoma etc. Asia Pacific market is the expected to anticipate the highest growth rate due to
rising interest in novel technology, prevalence of glaucoma, developing economy etc.
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Gel Stent Market: Key Players
Some of the key players operating in the global market are ALLERGAN, AqueSys, Inc. ALLERGAN
received FDA clearance for XEN Gel stent in the year 2016 for treatment of refractory glaucoma. XEN
has provided a new treatment for millions of people in America.
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