Femtosecond Lasers Market – Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2015 to 2020 and Forecast 2021 to 2027

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Femtosecond Lasers Market by Product Type (Consumables and reagents, Equipment), By Application (Refractive Surgery, Cataract Surgery), By End User (Hospitals, Clinics, Ambulatory Surgical centers), and Geography (North America, Latin America, Europe, Asia Pacifica and Middle East and Africa)

 

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Report

Description

Femtosecond Lasers Market size is valued at USD x billion in 2021 and is expected to reach a value of USD x billion by 2028, growing at a CAGR of x% during the forecast period 2022 to 2028. Femtosecond lasers are the infrared lasers with wavelength of 1053nm. These lasers work by producing the photoionization or photodisruption of optically transparent tissues such as cornea. Femtosecond lasers has the pulse duration of femtosecond range (10-15 second). Reduce in the pulse duration leads to decrease in amount of collateral tissue damage. Femtosecond lasers are help to simplify the complex open surgeries of 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 regulatory scenario and competition analysis with vividly illustrated the 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, policymakers engaged in manufacturing and supply.

Key Development:

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

Femtosecond Lasers Market

MARKET SUMMARY
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x
  • Study Period– 2021 – 2027
  • Base Year– 2020
  • CAGR–X%
  • Largest Market– North America
  • Fastest Growing Market– Europe

Femtosecond Lasers Market Analysis

  • Femtosecond Lasers Market report gives a comprehensive outlook across the globe with special emphasis on key regions such as North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa (MEA).
  • The report on global market gives historical, current, and future market sizes (US$ Bn) of product type, material, enduser and geographic regions.
Market Leaders
  • 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)
Femtosecond Lasers Market

Drivers and Restraints

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 femtosecond lasers market.


Femtosecond Lasers Market Regional Analysis

North America dominates the market

North America femtosecond lasers market is poised to grow due to increase in the prevalence of cataract disease (according to Centers for Disease Control and Prevention 2015, approximately 20.5 Mn people are suffering from cataract), rise in focus on the R&D by market players, presence of skilled professions in U.S and Canada are bolster the market. Europe femtosecond lasers market is driving by high adoption of advanced technologies in healthcare sector, well established healthcare infrastructure in Germany, France, and UK, and increase in healthcare expenditure are surge the market. Asia Pacific femtosecond lasers market has prominent share attributed to large patient pool in India, China, and Japan, grow in medical tourism due to low cost of surgeries, and entry of market players into Asia Pacific region are propel the market.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Features of the Report

  • The report provides granular level information about the market size, regional market share, historic market (2015-2020) and forecast (2021-2027)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their 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 startup’s details that are actively working in the market
  • The report provides 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 in addition to recent technology advancements and innovations in the market
Femtosecond Lasers Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

2021 is the base year and 2028 is the forecast year.

The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).

In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.


Report

Table Of Content


Report

Company Profile

  • 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)

Description

Femtosecond Lasers Market size is valued at USD x billion in 2021 and is expected to reach a value of USD x billion by 2028, growing at a CAGR of x% during the forecast period 2022 to 2028. Femtosecond lasers are the infrared lasers with wavelength of 1053nm. These lasers work by producing the photoionization or photodisruption of optically transparent tissues such as cornea. Femtosecond lasers has the pulse duration of femtosecond range (10-15 second). Reduce in the pulse duration leads to decrease in amount of collateral tissue damage. Femtosecond lasers are help to simplify the complex open surgeries of 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 regulatory scenario and competition analysis with vividly illustrated the 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, policymakers engaged in manufacturing and supply.

Key Development:

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

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