Femtosecond Lasers Market: By Power Output, Medium Power, High Power ), By Application Industrial, Scientific Research, Others), By End-user and Region Forecast 2019-2030

Femtosecond Lasers Market Size, Share, Growth, Trends, and Global Industry Analysis: By Power Output (Low Power (<10 W), Medium Power (10–50 W), High Power (>50 W)), By Application (Medical (Refractive Surgery, Cataract Surgery, Others) Industrial (Material Processing, Surface Texturing, Others), Scientific Research (Biomedical Research, Physics and Optics Research), Others), By End-user (Hospitals and Clinics, Research Institutes, Manufacturing Units, Others) and Region Forecast 2019-2030

Femtosecond Lasers Market size was valued at US$ 357.7 million in 2023 and is expected to reach a value of US$ 525.9 million by 2030, growing at a Significant CAGR of 8.4% from 2024-2030. Femtosecond lasers are the infrared lasers with a wavelength of 1053nm. These lasers work by producing the photoionization or photodisruption of optically transparent tissues such as the cornea. Femtosecond lasers have a pulse duration of femtosecond range (10-15 seconds). Reduce in the pulse duration leads to a decrease in the amount of collateral tissue damage. Femtosecond lasers help to simplify the complex open surgeries of the eye such as LASIK flap creation, cataract surgery, lamellar and full thickness corneal transplantation, and other corneal refractive procedures.

This report studies market dynamics elaborately to identify the current trends & drivers, future opportunities, and possible challenges to the key stakeholders operating in the market. In addition, the market report includes a regulatory scenario and competition analysis with a vividly illustrated competition dashboard to assess the market competition. Moreover, PBI analyzed the market to better equip clients with possible investment opportunities across the regions (Regional Investment hot spots) and market unmet needs (Product Opportunities). Key stakeholders of the report include suppliers, manufacturers, marketers, and policymakers engaged in manufacturing and supply.

Femtosecond Lasers Market Key Development

  • In April 2018, Alcon launched new technological enhancements to the LenSx Laser, a femtosecond laser system in the U.S.

Global Femtosecond Lasers Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

8.4%

Largest Market

North America

Fastest Growing Market

Europe

Femtosecond Lasers Market Dynamics

Rise in number of persons with blindness is a key factor drives the growth of global femtosecond lasers market. According to WHO 2014, approximately 42 Mn people affected by severe blindness, in which cataract is the major reason for 17 Mn patients. Moreover, increase in the R&D activities, various advantages with femtosecond layers compared with others, rise in deployment of ultrafast lasers in biomedical and biological applications, and sophisticated healthcare infrastructure in developed and developing countries are boost the global femtoseconds market over the forecast years. However, lack of well-trained professionals in underdeveloped countries, potential risk of complications, and poor healthcare infrastructure in developing countries are hinder the growth of the market.

Global Femtosecond Lasers Market Segmentation Analysis

Report Benchmarks

Details

Report Study Period

2024-2030

Market Size in 2023

US$ 357.7 million

Market Size in 2030

US$ 525.9 million

Market CAGR

8.4%

By Power Output

  • Low Power (<10 W)
  • Medium Power (10–50 W)
  • High Power (>50 W)

By Application

Medical

  • Refractive Surgery
  • Cataract Surgery
  • Others

Industrial

  • Material Processing
  • Surface Texturing
  • Others

Scientific Research

  • Biomedical Research
  • Physics and Optics Research

Others

By End-user

  • Hospitals and Clinics
  • Research Institutes
  • Manufacturing Units
  • Others

By Region

  • North America (USA, Canada)
  • Europe (Germany, UK, France, Spain, Italy , Rest of Europe)
  • The Asia Pacific (China, India, Japan, Australia, South Korea, Rest of Asia- Pacific)
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America)
  • MEA (Saudi Arabia, UAE, South Africa, Rest of MEA)

Key Features of the Report

  • The femtosecond lasers market report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
  • The report analyses the impact of the socio-political environment through PESTLE Analysis and competition through Porter's Five Force Analysis

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Frequently Asked Questions

The femtosecond lasers market size was valued at US$ 357.7 Mn in 2023 and is expected to reach a value of US$ 525.9 Mn by 2030, at a CAGR of 8.4% from 2024-2030

The market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.

The Femtosecond Lasers Market key players are Medtronic Plc (U.S.), Boston Scientific Corporation (U.S.), Abbott Laboratories (U.S.), Aleva Neurotherapeutics SA (Switzerland), Soterix Medical Inc. (U.S.), Bioinduction Ltd. (U.K)

Author image

Author

Muni Kumar Meravath

Muni Kumar Meravath is a seasoned Healthcare Market Research Analyst with over 6 years of experience in the healthc.....

1. Executive Summary
2.  Global Femtosecond Lasers Market Introduction 
2.1. Global Femtosecond Lasers Market  - Taxonomy
2.2. Global Femtosecond Lasers Market  - Definitions
2.2.1. By Power Output
2.2.2. By Application
2.2.3. By End-User
2.2.4. By Region
3. Global Femtosecond Lasers Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Key Developments
4. Global Femtosecond Lasers Market  By Power Output, 2019-2023 and Forecast 2024-2030 (Sales Value USD Million)
4.1. Low Power (<10 W)
4.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
4.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
4.1.3. Market Opportunity Analysis 
4.2. Medium Power (10–50 W)
4.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
4.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
4.2.3. Market Opportunity Analysis 
4.3. High Power (>50 W)
4.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
4.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
4.3.3. Market Opportunity Analysis 
5. Global Femtosecond Lasers Market  By Application, 2019-2023 and Forecast 2024-2030 (Sales Value USD Million)
5.1. Medical
5.1.1. Refractive Surgery
5.1.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
5.1.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.1.3. Market Opportunity Analysis 
5.1.2. Cataract Surgery
5.1.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
5.1.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.2.3. Market Opportunity Analysis 
5.1.3. Others
5.1.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
5.1.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3.3. Market Opportunity Analysis 
5.2. Industrial
5.2.1. Material Processing
5.2.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
5.2.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.1.3. Market Opportunity Analysis 
5.2.2. Surface Texturing
5.2.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
5.2.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.2.3. Market Opportunity Analysis 
5.2.3. Others
5.2.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
5.2.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3.3. Market Opportunity Analysis 
5.3. Scientific Research
5.3.1. Biomedical Research
5.3.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
5.3.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.3.1.3. Market Opportunity Analysis 
5.3.2. Physics and Optics Research
5.3.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
5.3.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) 
5.3.2.3. Market Opportunity Analysis 
5.4. Others
5.4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.4.3. Market Opportunity Analysis 
6. Global Femtosecond Lasers Market  By End-User, 2019-2023 and Forecast 2024-2030 (Sales Value USD Million)
6.1. Hospitals and Clinics
6.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Research Institutes
6.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
6.3. Manufacturing Units
6.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.3.3. Market Opportunity Analysis 
6.4. Others
6.4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.4.3. Market Opportunity Analysis 
7.  Global Femtosecond Lasers Market  By Region, 2019-2023 and Forecast 2024-2030 (Sales Value USD Million)
7.1. North America
7.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Europe
7.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
7.3. Asia Pacific
7.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.3.3. Market Opportunity Analysis 
7.4. Latin America
7.4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.4.3. Market Opportunity Analysis 
7.5. MEA
7.5.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.5.3. Market Opportunity Analysis 
8. North America Femtosecond Lasers Market, 2019-2023 and Forecast 2024-2030 (Sales Value USD Million)
8.1. Power Output Analysis,  2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.1.1. Low Power (<10 W)
8.1.2. Medium Power (10–50 W)
8.1.3. High Power (>50 W)
8.2. Application Analysis,  2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.2.1. Medical
8.2.1.1. Refractive Surgery 
8.2.1.2. Cataract Surgery
8.2.1.3. Others
8.2.2. Industrial
8.2.2.1. Material Processing
8.2.2.2. Surface Texturing
8.2.2.3. Others
8.2.3. Scientific Research
8.2.3.1. Biomedical Research
8.2.3.2. Physics and Optics Research
8.2.4. Others
8.3. End-User Analysis,  2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.3.1. Hospitals and Clinics
8.3.2. Research Institutes
8.3.3. Manufacturing Units
8.3.4. Others
8.4. Country Analysis,  2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.4.1. USA
8.4.2. Canada
9. Europe Femtosecond Lasers Market, 2019-2023 and Forecast 2024-2030 (Sales Value USD Million)
9.1. Power Output Analysis,  2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.1.1. Low Power (<10 W)
9.1.2. Medium Power (10–50 W)
9.1.3. High Power (>50 W)
9.2. Application Analysis,  2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.2.1. Medical
9.2.1.1. Refractive Surgery 
9.2.1.2. Cataract Surgery
9.2.1.3. Others
9.2.2. Industrial
9.2.2.1. Material Processing
9.2.2.2. Surface Texturing
9.2.2.3. Others
9.2.3. Scientific Research
9.2.3.1. Biomedical Research
9.2.3.2. Physics and Optics Research
9.2.4. Others
9.3. End-User Analysis,  2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.3.1. Hospitals and Clinics
9.3.2. Research Institutes
9.3.3. Manufacturing Units
9.3.4. Others
9.4. Country Analysis,  2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.4.1. Germany
9.4.2. UK
9.4.3. France
9.4.4. Italy
9.4.5. Spain
9.4.6. Rest of Europe
10. Asia Pacific Femtosecond Lasers Market, 2019-2023 and Forecast 2024-2030 (Sales Value USD Million)
10.1. Power Output Analysis,  2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1. Low Power (<10 W)
10.1.2. Medium Power (10–50 W)
10.1.3. High Power (>50 W)
10.2. Application Analysis,  2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1. Medical
10.2.1.1. Refractive Surgery 
10.2.1.2. Cataract Surgery
10.2.1.3. Others
10.2.2. Industrial
10.2.2.1. Material Processing
10.2.2.2. Surface Texturing
10.2.2.3. Others
10.2.3. Scientific Research
10.2.3.1. Biomedical Research
10.2.3.2. Physics and Optics Research
10.2.4. Others
10.3. End-User Analysis,  2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1. Hospitals and Clinics
10.3.2. Research Institutes
10.3.3. Manufacturing Units
10.3.4. Others
10.4. Country Analysis,  2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.4.1. China 
10.4.2. India
10.4.3. Japan
10.4.4. South Korea
10.4.5. ASEAN Countries
10.4.6. Rest of APAC
11. Latin America Femtosecond Lasers Market, 2019-2023 and Forecast 2024-2030 (Sales Value USD Million)
11.1. Power Output Analysis,  2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1. Low Power (<10 W)
11.1.2. Medium Power (10–50 W)
11.1.3. High Power (>50 W)
11.2. Application Analysis,  2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1. Medical
11.2.1.1. Refractive Surgery 
11.2.1.2. Cataract Surgery
11.2.1.3. Others
11.2.2. Industrial
11.2.2.1. Material Processing
11.2.2.2. Surface Texturing
11.2.2.3. Others
11.2.3. Scientific Research
11.2.3.1. Biomedical Research
11.2.3.2. Physics and Optics Research
11.2.4. Others
11.3. End-User Analysis,  2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1. Hospitals and Clinics
11.3.2. Research Institutes
11.3.3. Manufacturing Units
11.3.4. Others
11.4. Country Analysis,  2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.4.1. Brazil
11.4.2. Mexico
11.4.3. Argentina
11.4.4. Rest of Latin America
12. MEA Femtosecond Lasers Market, 2019-2023 and Forecast 2024-2030 (Sales Value USD Million)
12.1. Power Output Analysis,  2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1. Low Power (<10 W)
12.1.2. Medium Power (10–50 W)
12.1.3. High Power (>50 W)
12.2. Application Analysis,  2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1. Medical
12.2.1.1. Refractive Surgery 
12.2.1.2. Cataract Surgery
12.2.1.3. Others
12.2.2. Industrial
12.2.2.1. Material Processing
12.2.2.2. Surface Texturing
12.2.2.3. Others
12.2.3. Scientific Research
12.2.3.1. Biomedical Research
12.2.3.2. Physics and Optics Research
12.2.4. Others
12.3. End-User Analysis,  2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1. Hospitals and Clinics
12.3.2. Research Institutes
12.3.3. Manufacturing Units
12.3.4. Others
12.4. Country Analysis,  2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.4.1. GCC Countries
12.4.2. Israel
12.4.3. South Africa
12.4.4. Rest of MEA
13.  Competition Landscape
13.1. Strategic Dashboard of Top Market Players
13.2. Company Profiles (Introduction, Financial Analysis, Product Offerings, Key Developments, Strategies, and SWOT Analysis)
13.2.1. Coherent Corp.
13.2.2. IPG Photonics Corporation
13.2.3. Lumentum Holdings Inc.
13.2.4. Light Conversion
13.2.5. EKSPLA
13.2.6. Newport Corporation
13.2.7. Menlo Systems GmbH
13.2.8. Amplitude Systemes
13.2.9. NKT Photonics
13.2.10. Spectra-Physics
14.  Research Methodology
15.  Key Assumptions and Acronyms

Key Market Players

  • Coherent Corp.
  • IPG Photonics Corporation
  • Lumentum Holdings Inc.
  • Light Conversion
  • EKSPLA
  • Newport Corporation
  • Menlo Systems GmbH
  • Amplitude Systemes
  • NKT Photonics
  • Spectra-Physics

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