Ophthalmic Lasers Market Trends, Size, Competitive Analysis and Forecast 2019-2025

The growth of the global ophthalmic lasers market is attributed to the growing occurrences of chronic disorders of eyes, increasing favourable government policies, and government initiatives to prevent vision impairment, among more. The usage of ophthalmic lasers is anticipated to increase during the forecast period owing to rising eye-related diseases globally. Technological enhancements are playing an important role and marking a significant trend in the area of ophthalmic lasers, which are projected to boost the growth of the market over the forecast period.

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Ophthalmic lasers provide multiple functions including minimally invasive surgery, excellent patient suitability, and early visual recovery, among more. These properties of ophthalmic lasers are contributing significantly to the growth of the market. Femtosecond lasers segment is expected to prevail considerably owing to its ease of use and improved safety, coupled with relatively reduced chances of thermal damage to corneal tissues.

According to NPCB (National Programme for Control of Blindness), there are around 45 million blind individuals across the globe, and as per World Health Organization (WHO), the population of blind individuals will double due to growing population and longevity. These factors are expected to increase the demand for ophthalmic lasers. Various government programs and initiatives have contributed substantially to the growth of the ophthalmic lasers market. For instance, in India, a program NPCB was launched, aimed to reduce the prevalence of blindness to 0.3% by 2022. Additionally, the program included treatment for eye diseases such as diabetic retinopathy, as well as cataract, with the help of various laser techniques.

Moreover, technological advancements, including optical coherence tomography for increasing the accuracy of ophthalmic laser surgeries, witnessed in the ophthalmology, also strengthened the ophthalmic laser market. On the other hand, ophthalmic laser therapies are expensive which is hampering the acceptance of ophthalmic lasers among the end-users, which can subsequently restrain the market growth. Key ophthalmic Laser therapy providers include Carl Zeiss Meditec AG, NIDEK Co., Ltd., Bausch & Lomb, Inc., Novartis International AG, Quantel Medical, and A.R.C. Laser GmbH among many more.

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Current Market Trends Covered in the market report:

  •         North America to Show Lucrative Growth
  •         Glaucoma Surgery Segment to Dominate
  •         Favourable Government Policies and Regulations
  •         Rapid Technological Advancements
  •         Research Firms and Universities Bolstering Ophthalmic Laser Market

The Report Global Ophthalmic Lasers Market Segmentation

By Type

  •         Excimer Laser
  •         Femtosecond Laser
  •         Cyclodiode Laser
  •         Nd: YAG Laser
  •         Selective-Laser-Trabeculoplasty (SLT) Laser
  •         Others

By Application

  •         Cataract Surgery
  •         Glaucoma Surgery
  •         Diabetic Retinopathy
  •         Refractive Surgery
  •         Age-Related Macular Degeneration (AMD)
  •         Cornea Transplant Surgery
  •         Others

By End-User

  •         Hospital
  •         Clinic
  •         Ambulatory Surgical Center

By Region

  •         North America
  •         US
  •         Canada
  •         Europe
  •         Germany
  •         UK
  •         France
  •         Spain
  •         Italy
  •         Rest of Europe
  •         Asia-Pacific
  •         China
  •         India
  •         Japan
  •         Rest of Asia-Pacific
  •         Rest of the World
  •         Company Profiles
    A.R.C. Laser GmbH
    Bausch & Lomb, Inc.
    Boston Scientific Corp.
    Carl Zeiss Meditec AG
    Coherent, Inc.
    Ellex Medical Lasers Ltd.
    IPG Photonics Corp.
    IRIDEX Corp.
    Johnson & Johnson
    LIGHTMED Corp.
    LightScalpel
    Meridian AG
    NIDEK Co., Ltd.
    NoIR Laser Company, LLC.
    Novartis International AG
    Optotek d. o. o.
    Quantel Medical
    SCHWIND Eye Tech Solutions GmbH
    Topcon Medical Systems, Inc.
    Ziemer Ophthalmic Systems AG

 

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