EYE 2.27% 21.5¢ nova eye medical limited

If the interventional glaucoma trend continues to grow in...

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    If the interventional glaucoma trend continues to grow in popularity though, and more doctors continue to make the shift from stents and toward canaloplasty, I definitely think the canal surgery market will be far larger than just $450 million. The total glaucoma treatment market is over $6 billion and cataract surgery is around $10 billion, so it shouldn't be hard to penetrate even a small percentage of those markets and significantly boost the total market for canal surgery. The cool thing as well about canal surgery is that it is a very nice complement to nearly every other procedure (eg cataracts, stents etc) as many doctors seem to like the idea of cleaning out the canal before stenting or doing another type of procedure.
 
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