Tear Duct Plugs Market: Introduction
Tear duct plugs are small-sized, biocompatible medical devices that are inserted into the tear ducts to block the drainage. Tear duct plugs are also known as punctal plugs or lacrimal plugs. Tear duct plugs reduce the symptoms of dry eye by keeping the eye moist and healthy. Tear duct plugs provide a simple treatment option for chronic dry eye conditions. Dry eye is a very common condition wherein lack of sufficient moisture and lubrication on the surface of the eye leads to dry eye syndrome.
The alternative medical terms used to describe dry eyes are keratitis sicca, keratoconjunctivitis siccan, and dysfunctional tear syndrome. Some of the symptoms of dry eye include blurry vision, burning, and scratchiness. Tear duct plugs block the tear drainage channel located in the inner corner of the eye. Tear duct plugs are generally considered when prescribed eye drops fail to relieve the dry eye condition. Tear duct plugs are usually made of materials such as silicone and collagen.
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Tear Duct Plugs Market: Regional Outlook
Geographically, the global tear duct plugs market is segmented into North America, Latin America, Europe, CIS & Russia, Asia Pacific excluding Japan (APEJ), Japan, and the Middle East and Africa (MEA). North America is expected to hold maximum share in the global tear duct plugs market owing to the presence of leading market players in the region.
This is followed by Europe due to the rising product innovation and high adoption of tear duct plugs. Due to the rising incidence of eye disorders in the developing countries, manufacturers are also targeting emerging market. Asia Pacific region is considered as the fastest growing market for tear duct plugs due to the large patient pool and rising geriatric population. However, other regions such as Latin America and the Middle East and Africa are expected to grow at a significant CAGR over the forecast period.
Tear Duct Plugs Market: Key Players
Examples of some of the key players operating in the global tear duct plugs market are
- Lacrimedics, Inc.
- OASIS Medical
- Beaver-Visitec International
- FCI Ophthalmics Inc.
- Surgical Specialties Corporation
Tear Duct Plugs Market: Segmentation
Tentatively, the global tear duct plugs market can be segmented on the basis of product type, end user and geography.
Based on product type, the global tear duct plugs market is segmented as:
- Silicone Tear Duct Plugs
- Temporary/Dissolvable Tear Duct Plugs
- Intracanalicular Tear Duct Plugs
Based on end user, the global tear duct plugs market is segmented as:
- Ambulatory Surgical Centers
- Ophthalmology Surgery Center