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?