Global Ophthalmic Lasers Market By Product Type (Femtosecond Lasers, Nd: YAG Lasers, Excimer Lasers, Cyclodiode Lasers, Frequency Double Green Lasers, Others), By Procedure (Photodisruption Lasers, Photocoagulation Lasers, Selective Trabeculoplasty Lasers (SLT)), By Application (Diabetic Retinopathy, Refractive Error Correction, Glaucoma , Cataract Surgery, Macular Degeneration, Others), By End User (Hospitals, Clinics, Ambulatory Surgical Centers (ASCs)), and Geography
Purchase Option
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3000
$
4400
$
6600
$
8900
The global ophthalmic lasers market size is expected to reach USD 3.41 billion in 2028 at a CAGR of 5.3%. Ophthalmic lasers are the medical devices used to treat various ophthalmic disorders by targeting ophthalmic cells with the help of laser beam. These are used for various therapeutic and diagnostic procedures such as cataract, glaucoma, diabetic retinopathy, retinal tears, and macular edema among others. The selection of ophthalmic laser is depends on disease condition. For instance, green laser is used in diabetic retinopathy for photocoagulation. Increase in the prevalence of various ophthalmic disorders such as diabetic retinopathy and glaucoma is anticipated to propel the ophthalmic lasers market. Moreover, technological advancements in laser technology, grow in geriatric population, high accuracy with laser treatment, rise in awareness among the people about the ophthalmic lasers treatment, and increase in healthcare expenditure are propel the ophthalmic lasers market over the forecast timeframe. However, stringent regulatory guidelines, high cost of lasers, lack of skilled practitioners, and complications with the ophthalmic lasers are hinder the growth of the market.
Key Developments:
In June 2016, Ellex Medical Lasers Limited received China Food and Drug Administration approval for YAG laser portfolio
Global Ophthalmic Lasers Market Summary
Study Period
2022 - 2028
Base Year
2022
CAGR
5.3%
Largest Market
North-America
Fastest Growing Market
Europe
Drivers and Restrains
The growing frequency of ocular disorders is driving the market for ophthalmic medical lasers. Ocular disorders influence patients' eyesight and eye health at all ages, and laser treatment helps reconstruct the eye cornea for better focus, which improves vision. There are several limits and issues that could stifle market growth. The expensive expense of putting the laser in place and using it is projected to be a market stumbling block.Â
North-America got significant share
Ophthalmic Lasers Market
Geographically, global knee implant market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. North America market is poised to grow due to rise in prevalence of diabetic retinopathy due to change in life style, advancements in the laser technology, and increase in healthcare expenditure are bolster the market. Europe ophthalmic lasers market is driving by rise in adoption of newer ophthalmic lasers and procedures, grow in demand for minimally invasive surgical procedures, and sophisticated healthcare infrastructure in developed countries are surge the market. Asia Pacific market has prominent share attributed to increase in geriatric population, rise in patient awareness about the laser treatment procedures, and large patient pool in India, China, and Japan are fuel the market.
Latin America
Europe
Asia Pacific
Middle East
North America
Key Features of the Reports
The report provides granular level information about the market size, regional market share, historic market (2018 to 2022) and forecast (2023 to 2029)
The report covers in-detail insights about the competitors 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 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
Global Ophthalmic Lasers Market Segmentation
By Product Type
Femtosecond Lasers
Nd: YAG Lasers
Excimer Lasers
Cyclodiode Lasers
Frequency Double Green Lasers
Others
By Application
Diabetic Retinopathy
Refractive Error Correction
Glaucoma
Cataract Surgery
Macular Degeneration
Others
By Procedure
Photodisruption Lasers
Photocoagulation Lasers
Selective Trabeculoplasty Lasers (SLT)
By End User
Hospitals,
Clinics,
Ambulatory Surgical Centers (ASCs)
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.
