PUBLISHER: The Business Research Company | PRODUCT CODE: 1826819
PUBLISHER: The Business Research Company | PRODUCT CODE: 1826819
Open-angle glaucoma (OAG) is a chronic and progressive eye condition in which the drainage canals in the eye gradually become blocked, causing an increase in intraocular pressure that damages the optic nerve. This damage typically occurs without noticeable symptoms until significant vision loss has occurred. Treatment focuses on lowering intraocular pressure to prevent further optic nerve damage and preserve vision through medications, laser therapies, or surgical procedures.
The main types of open-angle glaucoma (OAG) include open-angle glaucoma, angle-closure glaucoma, and other variants. Open-angle glaucoma is characterized by increased intraocular pressure, which leads to slow optic nerve damage and potential vision loss, often without early warning signs. The medications used to treat this condition include prostaglandin analogs, beta blockers, adrenergic agonists, carbonic anhydrase inhibitors, and others. The primary end users of these treatments include hospitals, homecare settings, specialty clinics, and more. These treatments are distributed through various channels such as hospital pharmacies, online pharmacies, and retail pharmacies.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
The sharp rise in U.S. tariffs and the resulting trade tensions in spring 2025 are having a significant impact on the healthcare sector, especially in the supply of essential medical devices, diagnostic equipment, and pharmaceuticals. Hospitals and healthcare providers are grappling with higher costs for imported surgical tools, imaging systems, and consumables like syringes and catheters, many of which have limited domestic substitutes. These escalating expenses are putting pressure on healthcare budgets, prompting some providers to delay equipment upgrades or pass increased costs on to patients. Furthermore, tariffs on raw materials and components are disrupting the manufacturing of vital drugs and devices, leading to supply chain delays. In response, the industry is adopting diversified sourcing strategies, expanding local production where feasible, and pushing for tariff exemptions on critical medical products.
The open-angle glaucoma (OAG) market research report is one of a series of new reports from The Business Research Company that provides open-angle glaucoma (OAG) market statistics, including open-angle glaucoma (OAG) industry global market size, regional shares, competitors with open-angle glaucoma (OAG) market share, detailed open-angle glaucoma (OAG) market segments, market trends and opportunities, and any further data you may need to thrive in the open-angle glaucoma (OAG) industry. This open-angle glaucoma (OAG) market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The open-angle glaucoma (oag) market size has grown strongly in recent years. It will grow from $6.13 billion in 2024 to $6.53 billion in 2025 at a compound annual growth rate (CAGR) of 6.5%. The growth in the historic period can be attributed to the increasing prevalence of glaucoma among aging populations, growing awareness about early detection of eye diseases, rising healthcare expenditure, government initiatives for vision care programs, and expansion of ophthalmology practices globally.
The open-angle glaucoma (oag) market size is expected to see strong growth in the next few years. It will grow to $8.36 billion in 2029 at a compound annual growth rate (CAGR) of 6.4%. The growth in the forecast period can be attributed to increasing demand for combination therapies, rising focus on personalized medicine, improved reimbursement policies for glaucoma treatments, increasing prevalence of lifestyle-induced ocular conditions, and rising demand for non-invasive diagnostic methods. Major trends in the forecast period include growing adoption of AI in glaucoma diagnostics, a shift toward outpatient glaucoma surgical procedures, increasing use of sustained-release glaucoma implants, rising integration of wearable technology for monitoring intraocular pressure, and heightened focus on sustainability in medical device manufacturing.
The forecast of 6.4% growth over the next five years reflects a slight reduction of 0.1% from the previous projection. This reduction is primarily due to the impact of tariffs between the US and other countries. Tariff barriers are expected to hamper the U.S. by increasing the cost of trabeculectomy devices and minimally invasive glaucoma surgery (MIGS) implants sourced from Germany and Israel, thereby delaying surgical interventions for progressive vision loss and elevating ophthalmology surgical expenditures. The effect will also be felt more widely due to reciprocal tariffs and the negative effect on the global economy and trade due to increased trade tensions and restrictions.
The increasing awareness of eye diseases is expected to drive the growth of the open-angle glaucoma (OAG) market in the future. Eye illnesses refer to conditions that affect the eyes' structure, function, or vision, ranging from minor issues such as dry eye to more severe conditions such as glaucoma and macular degeneration. The rising prevalence of these conditions is influenced by factors such as aging populations, extended screen time, higher rates of diabetes, environmental pollution, and lifestyle choices that negatively affect eye health. Open-angle glaucoma (OAG), which is a leading cause of blindness, particularly in older adults, highlights the importance of regular eye exams, early detection, and timely treatment to prevent irreversible vision loss. For example, in October 2023, the Royal National Institute of Blind People (RNIB), a UK-based charity for sight loss, reported that eye care outpatient appointments in the UK surpassed eight million in 2021/22, making it the most requested medical specialty. Furthermore, the number of people experiencing sight loss, which currently exceeds two million, is expected to double to over four million by 2050. As a result, the rising awareness of eye illnesses is fueling the growth of the open-angle glaucoma (OAG) market.
Leading companies in the open-angle glaucoma (OAG) market are focusing on the development of innovative solutions, such as minimally invasive glaucoma devices (MIGDs), to offer advanced, less invasive options for managing primary open-angle glaucoma while reducing dependence on traditional treatments. A minimally invasive glaucoma device (MIGD) includes various surgical implants and techniques aimed at lowering intraocular pressure in glaucoma patients through small incisions and minimal disturbance to ocular tissues. For example, in December 2023, iSTAR Medical, a medtech company based in Belgium, introduced MINIject in the Netherlands. This bio-integrating treatment for primary open-angle glaucoma uses a unique porous STAR material to improve fluid outflow and lower intraocular pressure. By reducing the need for traditional therapies, MINIject marks a significant advancement in glaucoma treatment, providing a safer and more effective management option for this major cause of irreversible blindness.
In July 2024, Alcon Inc., an ophthalmology company based in Switzerland, acquired BELKIN Vision Ltd. for $81 million. This acquisition is intended to strengthen Alcon's glaucoma portfolio by incorporating the direct selective laser trabeculoplasty (DSLT) device, an advanced first-line laser treatment for managing open-angle glaucoma. The acquisition supports Alcon's strategy to expand global access to innovative and minimally invasive glaucoma treatments. BELKIN Vision Ltd., based in Israel, is a medical device company that specializes in providing devices for the treatment of open-angle glaucoma.
Major players in the open-angle glaucoma (OAG) market are Pfizer Inc., Merck & Co. Inc., AbbVie Inc, Novartis AG, Amgen Inc., Teva Pharmaceutical Industries Ltd., Boston Scientific, Alcon Inc., Bausch Health Companies Inc., Hoya Corporation, Sun Pharmaceutical Industries Ltd., Santen Pharmaceuticals, Mallinckrodt Pharmaceuticals, Thea Pharma, Glaukos Corporation, Quantel Medical, EyePoint Pharmaceuticals Inc., iSTAR Medical, Nicox Ophthalmics, Visus Therapeutics, Peregrine Eye Laser and Institute, and Inotek Pharmaceuticals.
North America was the largest region in the open-angle glaucoma (OAG) market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in open-angle glaucoma (OAG) report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the open-angle glaucoma (OAG) market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The open-angle glaucoma (OAG) market consists of revenues earned by entities by providing services such as optometric services, surgical interventions, medication management, and patient education and support services. The market value includes the value of related goods sold by the service provider or included within the service offering. The open-angle glaucoma (OAG) market also includes sales of tonometers, visual field analyzers, and lubricating eye drops. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values and are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Open-Angle Glaucoma (OAG) Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on open-angle glaucoma (oag) market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for open-angle glaucoma (oag) ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The open-angle glaucoma (oag) market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.