Gel Stent Market, End User (Eye Research Institutes, Eye Clinics, and Hospitals), and By Geography (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Size, Share, Outlook, and Opportunity Analysis, 2018 – 2026

  • To Be Published : May 2019 |
  • Format : CMI Insight PPT Format CMI Insight PDF Format

Stent is a small expandable tube used for the treatment of narrowed arteries. It is used to prevent bursting of arteries and improve blood flow of weak arteries. Soft gelatin is used for the preparation of gel stent. When gel stent is injected, it gets hydrated and drains the aqueous humor in the sub-conjunctival space, which lowers the intraocular pressure. This procedure is minimally invasive.

Gel Stent Market – Dynamics

Rising population above the age of 40 is a major factor driving growth of the market. For instance in 2017, 2.7 million out of 3 million Americans are suffering with glaucoma were aged 40 and older. This is attributed to high chances of people aged 40 and above suffering from miosis, in which excessive contraction of eye increase in the elder population. Glaucoma is one of the leading cause for blindness. Increasing demand for minimally invasive procedures and increasing incidences of glaucoma are other factors that are expected to drive growth of the global gel stent market over the forecast period. According to Glaucoma Research Society in U.S. in 2017, more than 120,000 are blind from glaucoma.

However, high cost of the gel stent, lack of availability of healthcare professionals and lack of awareness regarding the technique are factors that hinder growth of the gel stent market.

Gel Stent Market – Regional Insights

On the basis of geography, the global gel stent market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. North America is expected to hold dominant position in the gel stent market, followed by Europe during the forecast period. The U.S. holds dominant position in the market in this region due to continuous technological advancements and developed healthcare infrastructure.

According to American Glaucoma Society, glaucoma is the second leading cause of blindness in the U.S. and globally. In the U.S, over 3 million people suffer from glaucoma while only 50% are aware of the diagnosis. In 2016, over 120,000 people in the U.S. suffered from blindness due to glaucoma.

According to the World Health Organization (WHO), Asians have more chances of suffering from close angle glaucoma while people from Europe or Africa are more likely to suffer from primary open angle glaucoma. According to WHO, In South India, glaucoma prevalence is 2.6%. In Africa, the prevalence of glaucoma is 1–2%, but can rise to about 10% in the Caribbean.

Gel Stent Market - Competitive Landscape

Key players are focusing on research and development, in order to develop technologically advanced products and enhance their product portfolio. The XEN (Allergan) received approval from the U.S. Food and Drug Administration (FDA) in November 2016 and launched in the U.S. in early 2017. Major players operating in the global gel stent market include Allergan, Alcon, Innfocus and Glaukos Corp.

Gel Stent Market – Taxonomy

On the basis of end user, the global gel stent market is segmented into:

  • Eye Research Institutes
  • Eye Clinics
  • Hospitals

On the basis of geography, the global gel stent market is segmented into:

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East
  • Africa

Research Methodology

Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:

  • Primary Research (Trade Surveys and Experts Interviews)
  • Desk Research
  • Proprietor Data Analytics Model

In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.


Smiley face

Coherent Market Insights desk research is based on a principle set of research techniques:

  • National level desk research: It Includes research analysis of regional players, regional regulatory bodies, regional trade associations, and regional organization.
  • Multinational level desk research: The research team keeps a track of multinational players, global regulatory bodies, global trade associations, and global organization.

Coherent Market Insights has a large amount of in-house repository of industry database. This is leveraged as a burner for initiating a new research study. Key secondary sources include:

  • Governmental bodies, National and international social welfare institutions, and organizations creating economic policies among others.
  • Trade association, National and international media and trade press.
  • Company Annual reports, SEC filings, Corporate Presentations, press release, news, and specification sheet of manufacturers, system integrators, brick and mortar - distributors and retailers, and third party online commerce players.
  • Scientific journals, and other technical magazines and whitepapers.
Smiley face

Preliminary Data Mining

The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.

Data Standardization:

Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.

Coherent Statistical model

We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:

  • Micro-economic indicators
  • Macro-economic indicators
  • Environmental indicators
  • Socio-political indicators
  • Technology indicators

Data Processing

Once the findings are derived from the statistical model, large volume of data is process to confirm accurate research results. Data analytics and processing tools are adopted to process large chunk of collected informative data. In case, a client customizes the study during the process, the research finding till then are benchmarked, and the process for new research requirement is initiated again.

Data Validation

This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:

  • It provides first-hand information on the market dynamics, outlook, and growth parameters.
  • Industry experts validates the estimates which helps the company to cement the on-going research study.
  • Primary research includes online surveys, face-to face interviews, and telephonic interviews.

The primary research is conducted with the ecosystem players including, but not limited to:

  • Raw Material Suppliers
  • Manufacturers
  • System Integrators
  • Distributors
  • End-users

Choose License Type

"How Can I Help You" ?

Finding it difficult to find the research that would cater to your business demands? Give us a chance to help you. One of our Research Consultants will connect to provide a customized solution.

[email protected]

Key Benefits

  • Custom Research Solution

    Talk to our research consultant to design an exclusive report as per your research needs.

  • Customer Fulfilment

    We aim to fulfil client's research demands with tailored research solutions.

  • Quick Turnaround Time Reports

    We aim to provide research studies in quickest turnaround time and in a much cost effective manner.

  • 360-degree Approach

    We cover each industry from supply and demand side with an aim to provide a most holistic research study.

  • Assured Quality

    We strive to provide most accurate and reliable research findings in our research reports.