Global Ophthalmic Lasers Market By Product Type (Femtosecond Lasers, Excimer Lasers, Nd: YAG Lasers, Diode Lasers, and Other Lasers), Application (Refractive Error Correction, Cataract Removal, Glaucoma Treatment, Diabetic Retinopathy Treatment, AMD Treatment, and Other Applications), End User (Hospitals and Clinics and Ambulatory Surgery Centers (ASCs)) Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa) Industry Trends and Forecast to 2028
The ophthalmic lasers market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with the CAGR of 7.43% in the forecast period of 2021 to 2028. The growing initiatives to prevent vision impairment will help in escalating the growth of the ophthalmic lasers market.
The ophthalmic laser is a device utilized to target ophthalmic cells to treat ophthalmic disorder utilizing a laser beam source. A laser beam source is utilized in several clinical diagnostic processes and therapeutic procedures. It is a source of monochromatic, coherent, and directional light that focuses exactly on a minor spot.
Major factors that are expected to boost the growth of the ophthalmic lasers market in the forecast period are the increasing of the incidences of ophthalmic disorders, growing of the elderly population and the technological advancements and the rising regulatory approvals for ophthalmic lasers. Furthermore, the growing of the incidences of chronic diseases like diabetes,
increasing initiatives to control visual impairment are further anticipated to propel the growth of the ophthalmic lasers market. On the other hand, the increase in the cost of the equipment and therapy is further estimated to impede the growth of the ophthalmic lasers market in the timeline period.
In addition, the growth advantageous prospects provided by the offered by advancing countries and the accessibility of substitute therapies will further offer potential opportunities for the growth of the ophthalmic lasers market in the coming years. However, the unsuitable reimbursements for laser eye surgeries might further challenge the growth of the ophthalmic lasers market in the near future.
This ophthalmic lasers market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the ophthalmic lasers market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Ophthalmic Lasers Market Scope and Market Size
The ophthalmic lasers market is segmented on the basis of product type, application and end user. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of product type, the ophthalmic lasers market is segmented into femtosecond lasers, excimer lasers, Nd: YAG lasers, diode lasers, and other lasers. Other lasers is further sub segmented into Nd: YAG Lasers operating in green (532 NM) wavelength, solid-state lasers, optically pumped semiconductor lasers, and lasers with fiber technology.
- On the basis of application, the ophthalmic lasers market is segmented into refractive error correction, cataract removal, glaucoma treatment, diabetic retinopathy treatment, AMD treatment, and other applications. Other applications is further sub segmented into retinal vein occlusions, ocular tumours, central serous chorioretinopathy, retinal breaks and detachment, eye floaters, corneal dystrophies, corneal scarring, macular edema, and choroidal neovascularization.
- On the basis of end user, the ophthalmic lasers market is segmented into hospitals and clinics and ambulatory surgery centers (ASCs).
Ophthalmic Lasers Market Country Level Analysis
The ophthalmic lasers market is analysed and market size insights and trends are provided by country, product type, application and end user as referenced above.
The countries covered in the ophthalmic lasers market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the ophthalmic lasers market due to the growing of the healthcare spending and the expansion of sophisticated healthcare infrastructure. Furthermore, the growing of the incidences of ophthalmic disorders will further boost the growth of the ophthalmic lasers market in the region during the forecast period. Asia Pacific is projected to observe significant amount of growth in the ophthalmic lasers market due to the growing of the incidences of cataract removal surgeries in the advancing nations. Moreover, the rising consciousness levels for the stoppage of blindness is further anticipated to further propel the growth of the ophthalmic lasers market in the region in the coming years.
The country section of the ophthalmic lasers market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
The ophthalmic lasers market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for ophthalmic lasers market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the ophthalmic lasers market. The data is available for historic period 2010-2019.
Competitive Landscape and Ophthalmic Lasers Market Share Analysis
The ophthalmic lasers market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to ophthalmic lasers market.
The major players covered in the ophthalmic lasers market report are Alcon, Carl Zeiss Meditec AG, Ellex Inc., Abbott, Bausch & Lomb Incorporated, Topcon Corporation, IRIDEX Corporation, Lumenis., Ziemer Ophthalmic Systems, NIDEK CO., LTD, Johnson & Johnson Surgical Vision Inc., LUMIBIRD, LIGHTMED, Coherent, Inc., Ocular Instruments., ASICO, LLC., Deka M.E.L.A. srl, NoIR Laser Company, L.L.C., among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Ophthalmic Lasers Market
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