New York, NY -- (SBWire) -- 10/25/2018 --Micro-bypass systems are specially designed and made up of metal and polymers of plastic for targeted use as implants in the eye. Micro-bypass systems are very small, usually bellow 1 mm in size. These micro bypass systems are specially designed so that they can be inserted into trabecular drainage meshworks, and into the frontal lobe of the eye. The main goal of micro bypass systems is facilitating the drainage of the aqueous drain, resulting in decreased eye pressure. Micro-bypass systems are mainly used in glaucoma treatment.
Glaucoma is a major eye disease that does irreversible damage to the optic nerves. The major factor in glaucoma condition is increased intraocular pressure (IOP). The counter measure is to reduce pressure to a safe level, which is primarily achieved by micro-bypass systems. Micro bypass systems are more efficient than laser trabeculoplasty or medication. The major aim in using a micro-bypass system is the advantage that it provides in minimally invasive procedures, where the system can be implanted with very minimal tissue disruption.
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ably increase at a steady speed. The recent approval by the FDA for micro-bypass systems in the U.S. market for iStent® by Glaukos is foreseen as the of the new market opportunities in the region. Subsequently, it is anticipated to fuel competition in the micro-bypass systems market.
Micro-bypass Systems Market: Regional Outlook
Geographically, the global micro-bypass systems market is segmented into, viz. North America, Latin America, CIS & Russia, Europe, Asia Pacific excluding Japan (APEJ), Japan, and the Middle East and Africa (MEA). North America is expected to be the dominant market in the global micro-bypass systems market, owing to the number of manufacturers in the region, and rapid recovery time after micro-bypass system implantation.
Increasing healthcare facilities and low cost healthcare services in the region of Asia Pacific excluding Japan are anticipated to offer lucrative growth opportunities. The micro-bypass systems market in North America is expected to grow significantly due to the increasing incidents of eye defects, especially glaucoma, in the region, coupled with the rising inclination towards minimally invasive eye surgery. North America is anticipated to hold the second-largest share in the global micro-bypass systems market throughout the forecast period.
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Micro-bypass Systems Market: Key Players
The global market for micro-bypass systems is quite consolidated, and limited to very few market players Examples of some of the key players operating in the global micro-bypass systems market are Glaukos, Alcon, and others.
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Micro-Bypass Systems Market: Technological Improvements Steering Growth During 2018-2028