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Global Ophthalmic Lasers Market – Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2013-2017 and Forecast 2018-2024


 

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Global Ophthalmic Lasers Market

 

By Product Type (Femtosecond Lasers, Nd: YAG Lasers, Excimer Lasers, Cyclodiode Lasers, Frequency Double Green Lasers, Others), By Procedure (Photodisruption Lasers, Photocoagulation Lasers, Selective Trabeculoplasty Lasers (SLT)), By Application (Diabetic Retinopathy, Refractive Error Correction, Glaucoma , Cataract Surgery, Macular Degeneration, Others), By End User (Hospitals, Clinics, Ambulatory Surgical Centers (ASCs)), and Geography – Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2013-2017 and Forecast 2018-2024

 

Global ophthalmic lasers market was valued at US $ XX Mn and expected to grow at XX% Compound Annual Growth Rate (CAGR) from 2018 to 2024.

 

Market Outline:

Ophthalmic lasers are the medical devices used to treat various ophthalmic disorders by targeting ophthalmic cells with the help of laser beam. These are used for various therapeutic and diagnostic procedures such as cataract, glaucoma, diabetic retinopathy, retinal tears, and macular edema among others. The selection of ophthalmic laser is depends on disease condition. For instance, green laser is used in diabetic retinopathy for photocoagulation.

 

Market Dynamics:

Increase in the prevalence of various ophthalmic disorders such as diabetic retinopathy and glaucoma is anticipated to propel the ophthalmic lasers market. Moreover, technological advancements in laser technology, grow in geriatric population, high accuracy with laser treatment, rise in awareness among the people about the ophthalmic lasers treatment, and increase in healthcare expenditure are propel the ophthalmic lasers market over the forecast timeframe. However, stringent regulatory guidelines, high cost of lasers, lack of skilled practitioners, and complications with the ophthalmic lasers are hinder the growth of this market.

 

Market Scope:

Global ophthalmic lasers market is segmented based on laser type, procedure, application, and end user

Based on product type, market is segmented into the following:

  • Femtosecond Lasers
  • Nd: YAG Lasers
  • Excimer Lasers
  • Cyclodiode Lasers
  • Frequency Double Green Lasers
  • Others

Based on procedure, market is segmented into the following:

  • Photodisruption Lasers
  • Photocoagulation Lasers
  • Selective Trabeculoplasty Lasers (SLT)

Based on the application, market is segmented into the following:

  • Diabetic Retinopathy
  • Refractive Error Correction
  • Glaucoma
  • Cataract Surgery
  • Macular Degeneration
  • Others

Based on the end users, the market is segmented into the following:

  • Hospitals
  • Clinics
  • Ambulatory Surgical Centers (ASCs)

 

Regional Analysis: Global Ophthalmic Lasers Market

Geographically, global knee implant market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. North America ophthalmic lasers market is poised to grow due to rise in prevalence of diabetic retinopathy due to change in life style, advancements in the laser technology, and increase in healthcare expenditure are bolster the market. Europe ophthalmic lasers market is driving by rise in adoption of newer ophthalmic lasers and procedures, grow in demand for minimally invasive surgical procedures, and sophisticated healthcare infrastructure in developed countries are surge the market. Asia Pacific ophthalmic lasers market has prominent share attributed to increase in geriatric population, rise in patient awareness about the laser treatment procedures, and large patient pool in India, China, and Japan are fuel the market.

 

Competition Assessment: Global Ophthalmic Lasers Market

Some of the players in the global ophthalmic lasers market include:

  • Alcon (Novartis AG) (U.S.)
  • Carl Zeiss Meditec AG (Germany)
  • Topcon Corporation (Japan)
  • Lumenis Ltd. (Israel)
  • Abbott Medical Optics, Inc. (U.S.)
  • IRIDEX Corporation (U.S.)
  • Bausch & Lomb Incorporated (U.S.)
  • NIDEK Co., Ltd. (Japan)
  • Ziemer Ophthalmic Systems AG (Switzerland)
  • Ellex Medical Lasers Limited (Australia)

 

Notable Market Developments: Global Ophthalmic Lasers Market

  • In June 2016, Ellex Medical Lasers Limited received China Food and Drug Administration approval for YAG laser portfolio

 

  • Alcon (Novartis AG) (U.S.)
  • Carl Zeiss Meditec AG (Germany)
  • Topcon Corporation (Japan)
  • Lumenis Ltd. (Israel)
  • Abbott Medical Optics, Inc. (U.S.)
  • IRIDEX Corporation (U.S.)
  • Bausch & Lomb Incorporated (U.S.)
  • NIDEK Co., Ltd. (Japan)
  • Ziemer Ophthalmic Systems AG (Switzerland)
  • Ellex Medical Lasers Limited (Australia)

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