Lacrimal Duct Stent Tube Market 2024-2028: Size and Lack of skilled expertise in healthcare sector; growth driven by the Type, Some of key Companies Positioned Strategically
The lacrimal duct stent tube market size by Type (Bicanalicular and Monocanalicular) and Geography (North America, Europe, Asia, and Rest of World (ROW)), is forecast to increase by USD 5.8 million. The market is expected to grow at a CAGR of 2.82% between 2024 and 2028.
- In the evolving healthcare landscape, surgical proficiency and patient safety are paramount concerns. The scarcity of highly skilled surgeons, physicians, and medical technicians in both developed and emerging economies is a pressing issue. This shortage is particularly acute in surgical specialties, with a significant number of experienced healthcare professionals approaching retirement. Moreover, the decreasing number of doctors opting for surgical training in countries like India further exacerbates this situation. Ethical and legal considerations surrounding surgical training add complexity to this challenge. The lacrimal duct stent tube market stands to benefit from these trends, as minimally invasive procedures and advanced technologies offer potential solutions to address the shortage of surgical expertise.
- The Lacrimal Duct Stent Tube Market represents a significant business opportunity for medical device manufacturers. These tubes are essential in the treatment of epiphora and other lacrimal system disorders. Our market analysis indicates robust growth, driven by an aging population, increasing prevalence of eye diseases, and advancements in stent tube technology. Key players in this market include Allergan, Merck KGaA, and Medtronic. Collaborations, acquisitions, and product launches are common strategies to expand market share.
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Some of the Key Companies:
- Aurolab
- Becton Dickinson and Co.
- Bess Medizintechnik GmbH
- BVI Holdings Ltd.
- FCI Ophthalmics
- Gunther Weiss Scientific Glassblowing Co. Inc.
- Kaneka Medical America LLC
- Medline Industries LP
- Surtex Instruments Ltd.
- Walsh Medical Devices Inc.
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