A punctal plug, also known as tear duct plug or lacrimal plug, is a small medical device that is inserted into the tear duct (puncta) of an eye to block the duct. This prevents the drainage of liquid from the eye. They are used to treat dry eye. Artificial tears are usually still required after punctal plug insertion.
With emerging economies growing faster, a strategy has been adopted by most leading vendors in the Punctal Plug Devicess market to approach these areas. GIR analysis of the Punctal Plug Devicess market indicated that North America would account for the highest sales in 2024 with close to 46 percent of global sales coming from this region, but Asia has the highest growth rate. Vendors recognize the importance of this region, particularly in China, and are working towards penetrating this market by strengthening their sales and distribution networks.
According to this study, over the next five years the Punctal Plug Devices market will register a 4.9% CAGR in terms of revenue, the global market size will reach US$ 32 million by 2024, from US$ 25 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Punctal Plug Devices business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Punctal Plug Devices market by product type, application, key manufacturers and key regions and countries.
This study considers the Punctal Plug Devices value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Temporary Punctal Plugs
Permanent Punctal Plugs
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Hospitals
Clinics
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Katena Products (EagleVision)
Surgical Specialties Corporation
FCI?Ophthalmics
Beaver-Visitec International
Lacrimedics, Inc.
Oasis Medical
Lacrivera
Medennium
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Punctal Plug Devices consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Punctal Plug Devices market by identifying its various subsegments.
Focuses on the key global Punctal Plug Devices manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Punctal Plug Devices with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Punctal Plug Devices submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
