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Lacrimal Devices Market Share, Trend & Growth Forecast to 2026

The increasing adoption of secure lacrimal treatment, in order to get better patient outcomes, would greatly shape the lacrimal devices market growth over the forthcoming time period. The ease of performing these lacrimal treatment procedures and the several technological advancements being witnessed in the field of lacrimal devices is further expected to drive market revenues.

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Lacrimal Devices Market Share, Trend & Growth Forecast to 2026

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  1. Lacrimal Devices Market 2020-2026; Growth Forecast & Industry Share Report

  2. KeyInsights Lacrimal Devices Market : • The increasing adoption of secure lacrimal treatment, in order to get better patient outcomes, would greatly shape the lacrimal devices market growth over the forthcoming time period. The ease of performing these lacrimal treatment procedures and the several technological advancements being witnessed in the field of lacrimal devices is further expected to drive market revenues. • With increasing adoption lacrimal treatment procedures, industry players are focusing on further diversifying their associated product portfolios. These efforts are expected to translate into lucrative revenues for the overall industry over the forthcoming years. Taking October 2019 for instance, pharmaceutical firm, AlphaMed gained approval from the U.S. FDA (Food and Drug Administration) for marketing its new punctum plug in the U.S. The plugs are specifically developed to be inserted in the canaliculus in an effort to restrict lubricating tears from coming down through the eye surface.

  3. Continued… • According to a Global Market Insights Inc., research report, the lacrimal devices industry is likely to surpass a valuation of $200 million by the end of 2026. The market is projected to expand at a healthy growth rate of approximately 4.2% through the analysis period. • With respect to product, the market is bifurcated into tubes, intubation sets, punctal plugs, dilators, cannula and spatula, stents, and others. Among these, the punctal plugs segment is projected to observe significant demand in the forthcoming future due to the growing number of eye surgeries across the globe.

  4. Latest Research Lacrimal Devices Market @ https://bit.ly/2ZYuHvm Request for a Sample Copy of This Research Report @ https://bit.ly/3kAvcna

  5. Major Companies Lacrimal Devices Market : • FCI Ophthalmic • Medennium • BVI • Lacrimedics Inc • Rumex International Co. • Cook Group

  6. Regional Lacrimal Devices Market : • Meanwhile, presence of an immense patient pool, that is prone to different kinds of eye disorders, across highly populated nations like China and India would majorly favor Asia Pacific lacrimal devices market expansion. In fact, the regional market is projected to expand at a significant rate of 5.3% through the forthcoming timespan. Taking 2017 for instance, people suffering from DED (dry eye disease) ranged from 18.4% to 54.3% in India. An upsurge in the number of dry eye diseases along with growing investments in healthcare infrastructure in the region will positively impel the regional market size. Furthermore, a strong presence of regional manufacturers across Southeast Asia should further impel the Asia Pacific lacrimal devices industry size.

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