Global Gel Stents Market is Expected to Grow at a CAGR of 30% During the Forecast Period (2016-2024)

According to Goldstein Research, Allergan gel stent is soft which involve minimal invasive procedure, 6mm long with a width of human hair approximately and permanent implant setup are the driving factors for global gel stent market. Gel Stents are the breakthrough for the patients with primary open glaucoma and failed surgical treatment i.e. unresponsive to traditional medical therapy. gel stents market outlook also includes product development, technological advancements and investment strategies adopted by major market players in order to expand their business across the globe. However, the product portfolio for gel stents is not big enough like other stents, mandatory registrations for medical devices and non-commercialized insurance coverage for this product hinders the global gel stent market

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Market Segmentation

On the basis of our in-depth analysis, global gel stents market can be segmented as follows:

By Clinical Trials

• Preclinical
• Clinical phase I/II
• Clinical Phase II
• Clinical Phase III
• Research

By End User

• Eye Clinics
• Eye Research Institutes
• Hospitals

Based on Geography

• North America (U.S. & Canada) Gel stents Market {Market Share (%), Market Size(USD Billion)}
• Latin America (Brazil, Mexico, Argentina & Rest of Latin America) Gel stents Market {Market Share (%), Market Size(USD Billion)}
• Europe (The U.K., Germany, France, Italy, Spain, Poland, Sweden &RoE) Gel stents Market {Market Share (%), Market Size(USD Billion)}
• Asia-Pacific (China, India, Japan, Singapore, South Korea, Australia, New Zealand, Rest of Asia) Gel stents Market {Market Share (%), Market Size(USD Billion)}
• Middle East & Africa (GCC, South Africa, North Africa, RoMEA) Gel stents Market {Market Share (%), Market Size(USD Billion)}

Global Gel Implant Market is driving on the basis of advancement in branches of healthcare mentioned below:

Medical Polymers Market

The global Medical Polymers Market is valued at USD 12.56billion in 2017, expanding at a CAGR of 8.12% over the forecast period, 2017-2025. Growing home-based healthcare demand, continuously growing pharmaceutical device demand, increasing elderly population and increasing medical need among them along with rapidly spreading chronic diseases, technological advancements, affordable home health care systems along with other alternative treatment methods, and multiple government initiatives which are associated with the cause are anticipated to steer the medical polymers market over the forecast period

Cardiac Pacemaker Market

Cardiac Pacemaker Market is expected to grow at 7.1% CAGR over the forecast period 2017-2025. The factors such as a surge in cardiovascular diseases (CVD) majorly in developed and developing regions of the world primarily due to an unhealthy diet, drug abuse, smoking, excessive alcohol or caffeine consumption, and rising global geriatric population is driving the growth of the market.

Next-Generation Implant Market

According to Goldstein Research, Next-Generation Implant Market is expected to reach USD 4.85 billion by 2024 from the estimated market size of USD 1.25 billion in 2016, growing at a CAGR of 18.5% over the forecast period 2016-2024. The growth in geriatric population and availability of efficient reimbursement policies tends to drive the NGI Market

Cardiac Implant Market

The demand for Cardiac Implant Market will grow by 10.1% over the forecast period, rebounding from a slowdown caused by product recalls and safety controversies. Pacing devices tend to dominate the market, with gains followed by CRT devices.

On the other hand, stents and accessories are anticipated to be the fastest growing segment owing to improved designs with reduced risk of complications.

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"Global Gel Stents Market Outlook 2024" embodies in-depth synopsis of the global gel stents market. On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by clinical trials and by end users.

Further, for the detailed analysis, Gel Stent Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as ALLERGAN, AqueSys Inc., Glaukos, Innfocus.

The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments. Overall, the report represents the global Gel stents market trends along with market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

Key questions answered in this global gel stents market report

• What is the global gel stents market Size by 2024 and what would be the expected growth rate of the industry?
• What is the overall revenue per segment and geography in 2015-16 and what would be the projected revenue per segment and region over the forecast period?
• What are the gel stents market trends?
• What are the factors which are driving this industry?
• What are the major barriers to gel stents industry growth?

With more than 12 years of experience in Market Research Industry, I have scaled up my skills in strategic consulting as well. Currently working as a Director in the Research Department in a well known U.S. based market research & advisory firm.