Lacrimal Duct Stent Tube Size to Increase by USD 6.87 Million From 2021 to 2026| Technavio

PR Newswire
Wednesday, May 18, 2022 at 6:45am UTC

Lacrimal Duct Stent Tube Size to Increase by USD 6.87 Million From 2021 to 2026| Technavio

PR Newswire

NEW YORK, May 18, 2022 /PRNewswire/ -- Technavio categorizes the lacrimal duct stent tube market as a part of the global healthcare equipment market. The lacrimal duct stent tube market research report provides valuable insights on the post-COVID-19 impact on the market, which will help companies evaluate their business approaches. 

Lacrimal Duct Stent Tube Market: Key Trends

The development of new surgical techniques is driving the lacrimal duct stent tube market and contributing to the market growth. When both the upper and lower canaliculi are obstructed, the fluid cannot be drained into the nasal cavity, resulting in epiphora. However, the cause of canalicular obstruction cannot be identified in most cases. Minor surgery to enlarge the canaliculus by inserting a silicone tube is the most common treatment to remove the obstruction, which leaves a scar of approximately 2 centimeters (cm) on the side of the nose. To overcome the disadvantages of such conventional surgical methods, a team of otolaryngologists and ophthalmologists at Toho University Sakura Medical Center in Japan developed a new procedure called 'conjunctivoductivo-dacryocystorhinostomy'. Thus, the development of new surgical techniques for treating obstructions in the nasolacrimal duct is expected to have a positive impact on the lacrimal duct stent tube market during the forecast period.

View market report outlook to learn more about factors influencing the market.

Lacrimal Duct Stent Tube Market: Key Challenges

The lack of skilled expertise is one of the factors hindering the lacrimal duct stent tube market growth. Novel surgical methods, such as minimally invasive (MI) surgeries for the treatment of nasolacrimal duct obstruction, require an entirely different skill set when compared to traditional and open surgeries. Clinicians should develop psychomotor skills that require the expert manipulation of surgical instruments in an actual three-dimensional operative field. Thus, there is a need for a high number of trained personnel to perform various surgical procedures with a high level of accuracy and safety, which helps people to find suitable treatment options to increase their quality of life.

Vendor Insights

The report identifies the following as the dominant vendors in the market:

  • Aurolab
  • Becton Dickinson and Co.
  • Beaver Visitec International, Inc.
  • Bess Medizintechnik GmbH
  • FCI Ophthalmics
  • Gunther Weiss Scientific Glassblowing Co. Inc.
  • Kaneka Medical America LLC
  • Walsh Medical Devices Inc. 

Product Insights and News

The lacrimal duct stent tube market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. For Instance, Aurolab, a leading vendor, offers a wide range of cataract products such as sutures, eye drops, surgical blades, and cataract surgical kits. The company also offers lacrimal duct stents that are flexible stainless-steel probes attached through a hollow medical graded silicone tube that can be used in conventional DCR procedures.

Learn more about the vendors in the market as you download your sample copy

Asia's Contribution to Lacrimal Duct Stent Tube Market

The rising investments in the healthcare sector are expected to facilitate the lacrimal duct stent tube market growth in Asia during the forecast period. China is the key market for the lacrimal duct stent tube market in Asia. 37% of the market's growth will originate from Asia during the forecast period. Market growth in Asia is expected to be faster than the growth of the market in other regions.

Download your sample copy and know more about the market contribution in Asia

Lacrimal Duct Stent Tube Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 3.31%

Market growth 2022-2026

$ 6.87 million

Market structure

Concentrated

YoY growth (%)

2.8

Regional analysis

North America, Europe, Asia, and Rest of World (ROW)

Performing market contribution

Asia at 37%

Key consumer countries

US, UK, Germany, France, and China

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Aurolab, Becton Dickinson and Co., Bess Medizintechnik GmbH, FCI Ophthalmics, Gunther Weiss Scientific Glassblowing Co. Inc., Kaneka Medical America LLC, Walsh Medical Devices Inc. , and Beaver Visitec International, Inc.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Get your report sample copy to unlock scope and parent market analysis insights

Market Segmentation

The lacrimal duct stent tube market is divided into bicanalicular segment and monocanalicular segment. Bicanalicular segment is the largest contributor to the lacrimal duct stent tube market. Bicanalicular nasal intubation is widely used in lacrimal drainage system surgeries. Lacrimal canaliculi are vital structures that play an important role in draining tears from the eye. Lacrimal canalicular lacerations are more prominent in men than in women and more prevalent among children and young adults. Elderly patients are expected to be susceptible to this type of injury as a result of facial trauma sustained during falls. In view of this, bicanalicular nasal intubation is used for treating lacrimal canalicular lacerations. 

Key Highlights

  • CAGR of the market during the forecast period 2022-2026
  • Comprehensive details of factors that are expected to challenge the growth of lacrimal duct stent tube market vendors
  • Detailed information on factors that will drive lacrimal duct stent tube market growth during the next five years
  • Precise estimation of the lacrimal duct stent tube market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • A thorough analysis of the market's competitive landscape and detailed information on vendors

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Table of Contents

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
  • 3.4 Market outlook: Forecast for 2021-2026
    • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
    • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
    • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
    • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

  • 4.1 Five forces summary
    • Exhibit 17: Five forces analysis - Comparison between2021 and 2026
  • 4.2 Bargaining power of buyers
    • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
  • 4.3 Bargaining power of suppliers
    • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
  • 4.4 Threat of new entrants
    • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
  • 4.5 Threat of substitutes
    • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
  • 4.6 Threat of rivalry
    • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
  • 4.7 Market condition
    • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Type

  • 5.1 Market segments
    • Exhibit 24: Chart on Type - Market share 2021-2026 (%)
    • Exhibit 25: Data Table on Type - Market share 2021-2026 (%)
  • 5.2 Comparison by Type
    • Exhibit 26: Chart on Comparison by Type
    • Exhibit 27: Data Table on Comparison by Type
  • 5.3 Bicanalicular - Market size and forecast 2021-2026
    • Exhibit 28: Chart on Bicanalicular - Market size and forecast 2021-2026 ($ million)
    • Exhibit 29: Data Table on Bicanalicular - Market size and forecast 2021-2026 ($ million)
    • Exhibit 30: Chart on Bicanalicular - Year-over-year growth 2021-2026 (%)
    • Exhibit 31: Data Table on Bicanalicular - Year-over-year growth 2021-2026 (%)
  • 5.4 Monocanalicular - Market size and forecast 2021-2026
    • Exhibit 32: Chart on Monocanalicular - Market size and forecast 2021-2026 ($ million)
    • Exhibit 33: Data Table on Monocanalicular - Market size and forecast 2021-2026 ($ million)
    • Exhibit 34: Chart on Monocanalicular - Year-over-year growth 2021-2026 (%)
    • Exhibit 35: Data Table on Monocanalicular - Year-over-year growth 2021-2026 (%)
  • 5.5 Market opportunity by Type
    • Exhibit 36: Market opportunity by Type ($ million)

6 Customer Landscape

  • 6.1 Customer landscape overview
    • Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

  • 7.1 Geographic segmentation
    • Exhibit 38: Chart on Market share by geography 2021-2026 (%)
    • Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
  • 7.2 Geographic comparison
    • Exhibit 40: Chart on Geographic comparison
    • Exhibit 41: Data Table on Geographic comparison
  • 7.3 North America - Market size and forecast 2021-2026
    • Exhibit 42: Chart on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 43: Data Table on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 44: Chart on North America - Year-over-year growth 2021-2026 (%)
    • Exhibit 45: Data Table on North America - Year-over-year growth 2021-2026 (%)
  • 7.4 Europe - Market size and forecast 2021-2026
    • Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
    • Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)
  • 7.5 Asia - Market size and forecast 2021-2026
    • Exhibit 50: Chart on Asia - Market size and forecast 2021-2026 ($ million)
    • Exhibit 51: Data Table on Asia - Market size and forecast 2021-2026 ($ million)
    • Exhibit 52: Chart on Asia - Year-over-year growth 2021-2026 (%)
    • Exhibit 53: Data Table on Asia - Year-over-year growth 2021-2026 (%)
  • 7.6 Rest of World (ROW) - Market size and forecast 2021-2026
    • Exhibit 54: Chart on Rest of World (ROW) - Market size and forecast 2021-2026 ($ million)
    • Exhibit 55: Data Table on Rest of World (ROW) - Market size and forecast 2021-2026 ($ million)
    • Exhibit 56: Chart on Rest of World (ROW) - Year-over-year growth 2021-2026 (%)
    • Exhibit 57: Data Table on Rest of World (ROW) - Year-over-year growth 2021-2026 (%)
  • 7.7 US - Market size and forecast 2021-2026
    • Exhibit 58: Chart on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 59: Data Table on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 60: Chart on US - Year-over-year growth 2021-2026 (%)
    • Exhibit 61: Data Table on US - Year-over-year growth 2021-2026 (%)
  • 7.8 UK - Market size and forecast 2021-2026
    • Exhibit 62: Chart on UK - Market size and forecast 2021-2026 ($ million)
    • Exhibit 63: Data Table on UK - Market size and forecast 2021-2026 ($ million)
    • Exhibit 64: Chart on UK - Year-over-year growth 2021-2026 (%)
    • Exhibit 65: Data Table on UK - Year-over-year growth 2021-2026 (%)
  • 7.9 China - Market size and forecast 2021-2026
    • Exhibit 66: Chart on China - Market size and forecast 2021-2026 ($ million)
    • Exhibit 67: Data Table on China - Market size and forecast 2021-2026 ($ million)
    • Exhibit 68: Chart on China - Year-over-year growth 2021-2026 (%)
    • Exhibit 69: Data Table on China - Year-over-year growth 2021-2026 (%)
  • 7.10 Germany - Market size and forecast 2021-2026
    • Exhibit 70: Chart on Germany - Market size and forecast 2021-2026 ($ million)
    • Exhibit 71: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
    • Exhibit 72: Chart on Germany - Year-over-year growth 2021-2026 (%)
    • Exhibit 73: Data Table on Germany - Year-over-year growth 2021-2026 (%)
  • 7.11 France - Market size and forecast 2021-2026
    • Exhibit 74: Chart on France - Market size and forecast 2021-2026 ($ million)
    • Exhibit 75: Data Table on France - Market size and forecast 2021-2026 ($ million)
    • Exhibit 76: Chart on France - Year-over-year growth 2021-2026 (%)
    • Exhibit 77: Data Table on France - Year-over-year growth 2021-2026 (%)
  • 7.12 Market opportunity by geography
    • Exhibit 78: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

  • 8.1 Market drivers
  • 8.2 Market challenges
  • 8.3 Impact of drivers and challenges
    • Exhibit 79: Impact of drivers and challenges in 2021 and 2026
  • 8.4 Market trends

9 Vendor Landscape

  • 9.1 Overview
  • 9.2 Vendor landscape
    • Exhibit 80: Overview on Criticality of inputs and Factors of differentiation
  • 9.3 Landscape disruption
    • Exhibit 81: Overview on factors of disruption
  • 9.4 Industry risks
    • Exhibit 82: Impact of key risks on business

10 Vendor Analysis

  • 10.1 Vendors covered
    • Exhibit 83: Vendors covered
  • 10.2 Market positioning of vendors
    • Exhibit 84: Matrix on vendor position and classification
  • 10.3 Aurolab
    • Exhibit 85: Aurolab - Overview
    • Exhibit 86: Aurolab - Product / Service
    • Exhibit 87: Aurolab - Key offerings
  • 10.4 Beaver Visitec International, Inc.
    • Exhibit 88: Beaver Visitec International, Inc. - Overview
    • Exhibit 89: Beaver Visitec International, Inc. - Business segments
    • Exhibit 90: Beaver Visitec International, Inc. - Key offerings
    • Exhibit 91: Beaver Visitec International, Inc. - Segment focus
  • 10.5 Becton Dickinson and Co.
    • Exhibit 92: Becton Dickinson and Co. - Overview
    • Exhibit 93: Becton Dickinson and Co. - Business segments
    • Exhibit 94: Becton Dickinson and Co. - Key news
    • Exhibit 95: Becton Dickinson and Co. - Key offerings
    • Exhibit 96: Becton Dickinson and Co. - Segment focus
  • 10.6 Bess Medizintechnik GmbH
    • Exhibit 97: Bess Medizintechnik GmbH - Overview
    • Exhibit 98: Bess Medizintechnik GmbH - Product / Service
    • Exhibit 99: Bess Medizintechnik GmbH - Key offerings
  • 10.7 FCI Ophthalmics
    • Exhibit 100: FCI Ophthalmics - Overview
    • Exhibit 101: FCI Ophthalmics - Product / Service
    • Exhibit 102: FCI Ophthalmics - Key offerings
  • 10.8 Gunther Weiss Scientific Glassblowing Co. Inc.
    • Exhibit 103: Gunther Weiss Scientific Glassblowing Co. Inc. - Overview
    • Exhibit 104: Gunther Weiss Scientific Glassblowing Co. Inc. - Business segments
    • Exhibit 105: Gunther Weiss Scientific Glassblowing Co. Inc. - Key offerings
    • Exhibit 106: Gunther Weiss Scientific Glassblowing Co. Inc. - Segment focus
  • 10.9 Kaneka Medical America LLC
    • Exhibit 107: Kaneka Medical America LLC - Overview
    • Exhibit 108: Kaneka Medical America LLC - Product / Service
    • Exhibit 109: Kaneka Medical America LLC - Key offerings
  • 10.10 Walsh Medical Devices Inc.
    • Exhibit 110: Walsh Medical Devices Inc.  - Overview
    • Exhibit 111: Walsh Medical Devices Inc.  - Product / Service
    • Exhibit 112: Walsh Medical Devices Inc.  - Key offerings

11 Appendix

  • 11.1 Scope of the report
  • 11.2 Inclusions and exclusions checklist
    • Exhibit 113: Inclusions checklist
    • Exhibit 114: Exclusions checklist
  • 11.3 Currency conversion rates for US$
    • Exhibit 115: Currency conversion rates for US$
  • 11.4 Research methodology
    • Exhibit 116: Research methodology
    • Exhibit 117: Validation techniques employed for market sizing
    • Exhibit 118: Information sources
  • 11.5 List of abbreviations
    • Exhibit 119: List of abbreviations

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