Global Corneal Cross-Linking (CXL) Devices Market 2023-2029

Corneal cross-linking (CXL) devices are medical devices used in the treatment of keratoconus, a progressive eye disorder that causes the cornea to become thin and weak. CXL devices work by strengthening the cornea through the use of ultraviolet light and a photosensitizing agent. The global CXL devices market is expected to increase by USD 12.0 million, at a compound annual growth rate (CAGR) of 9.78% from 2023 to 2029, according to the latest edition of the Global Corneal Cross-Linking (CXL) Devices Market Report. CXL devices are considered safe and effective for the treatment of keratoconus, and have been shown to slow or stop the progression of the disease in many patients.CXL devices are considered safe and effective for the treatment of keratoconus, and have been shown to slow or stop the progression of the disease in many patients.

The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global CXL devices market. It presents a quantitative analysis of the market to enable stakeholders to capitalize on the prevailing market opportunities. The report also identifies top segments for opportunities and strategies based on market trends and leading competitors’ approaches.

This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the type, method, application, end user, and region. The global market for CXL devices can be segmented by type: standard corneal cross-linking, corneal cross-linking plus, accelerated cross-linking. The standard corneal cross-linking segment captured the largest share of the market in 2022. CXL devices market is further segmented by method: epithelium-off method, epithelium-on method. The epithelium-off method segment held the largest share of the global CXL devices market in 2022 and is anticipated to hold its share during the forecast period. Based on application, the CXL devices market is segmented into: keratoconus, pellucid marginal degeneration, refractive surgery ectasia, others. In 2022, the keratoconus segment made up the largest share of revenue generated by the CXL devices market. On the basis of end user, the CXL devices market also can be divided into: hospitals, eye clinics, ambulatory surgical centers. Among these, the hospitals segment was accounted for the highest revenue generator in 2022. CXL devices market by region is categorized into: North America, Europe, Asia-Pacific, Rest of the World (RoW).

Market Segmentation
By type: standard corneal cross-linking, corneal cross-linking plus, accelerated cross-linking
By method: epithelium-off method, epithelium-on method
By application: keratoconus, pellucid marginal degeneration, refractive surgery ectasia, others
By end user: hospitals, eye clinics, ambulatory surgical centers
By region: North America, Europe, Asia-Pacific, Rest of the World (RoW)

The global CXL devices market is a concentrated industry dominated by only a few players including Glaukos Corporation, EMAGine AG, Peschke GmbH, Iromed Group Srl, among others.
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Scope of the Report
• To analyze and forecast the market size of the global CXL devices market.
• To classify and forecast the global CXL devices market based on type, method, application, end user, region.
• To identify drivers and challenges for the global CXL devices market.
• To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global CXL devices market.
• To identify and analyze the profile of leading players operating in the global CXL devices market.

Why Choose This Report
• Gain a reliable outlook of the global CXL devices market forecasts from 2023 to 2029 across scenarios.
• Identify growth segments for investment.
• Stay ahead of competitors through company profiles and market data.
• The market estimate for ease of analysis across scenarios in Excel format.
• Strategy consulting and research support for three months.
• Print authentication provided for the single-user license.