Ophthalmic Lasers Market Trends, Business Overview, Industry Growth and Forecast to 2028
Global Ophthalmic Lasers Market was valued at $1,111 million in 2016 and is projected to reach $1,516 million by 2027, growing at a CAGR of 4.5% during the forecast period. An ophthalmic laser is a device used to target ophthalmic cells to treat eye diseases using a laser beam source. Laser beam sources are used in a variety of clinical diagnostic and treatment procedures. It is a monochromatic, coherent, and directional light source that accurately focuses on a small spot. These systems consist of a laser module, a cooling system, a laser cavity, and a laser pump connected to a slit lamp biomicroscope. They are used in applications such as refraction correction, cataract removal, glaucoma treatment, age-related macular degeneration treatment, cataract removal, and others. Depending on the product, ophthalmic lasers are classified into diode lasers, femtosecond lasers, excimer laser aromatherapy, Nd: Yag lasers, and others. End users are hospitals, specialized clinics, and outpatient surgery centers.
Market Segments
By Product Type
- Femtosecond Lasers
- Excimer Lasers
- Nd:YAG Lasers
- Diode Lasers
- Other Lasers [Nd:YAG Lasers operating in green (532 NM) wavelength, solid-state lasers, optically pumped semiconductor lasers, and lasers with fiber technology]
By Application
- Refractive Error Correction
- Cataract Removal
- Glaucoma Treatment
- Diabetic Retinopathy Treatment
- AMD Treatment
Key Players
- Alcon Laboratories, Inc. (U.S.)
- Abbott Medical Optics, Inc. (U.S.)
- Carl Zeiss Meditec AG (Germany)
- Bausch & Lomb Incorporated (U.S.)
- Ellex Medical Lasers Limited (Australia)
- Topcon Corporation (Japan)
- Ziemer Ophthalmic Systems AG (Switzerland)
- IRIDEX Corporation (U.S.)
- NIDEK Co., Ltd. (Japan)
- Lumenis Ltd. (Israel).
Scope of the Report
The research study analyzes the global Ophthalmic Lasers industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Ophthalmic Lasers Market Report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
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