Ophthalmic Lasers Market – Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2015-2020 and Forecast 2021-2027

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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

 

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Description

The global ophthalmic lasers market size is expected to reach $3.41 billion in 2027 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 this market.one of the most notable applications of lasers in the region has been the treatment of nearsightedness, which has become popular elective surgery in this field.

Ophthalmic Lasers Market

MARKET SUMMARY
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5.3%
  • Study Period– 2021 – 2027
  • Base Year– 2020
  • CAGR– 5.3%
  • Largest Market– North-America
  • Fastest Growing Market– Europe

Ophthalmic Lasers Market

  • The report on global ophthalmic lasers market gives historical, current, and future market sizes (US$ Bn) on the basis of product type, procedure, application, end user and geography.
  • ophthalmic lasers market report gives comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
Key Players
  • Alcon (Novartis AG) (U.S.)
  • Carl Zeiss Meditec AG (Germany)
  • Topcon Corporation (Japan)
  • Lumenis Ltd. (Israel)
  • Abbott Medical Optics, Inc. (U.S.)
Drivers and Restrains

Ophthalmic Lasers Market

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. 


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

Key

Notable Market Developments

  • In June 2016, Ellex Medical Lasers Limited received China Food and Drug Administration approval for YAG laser portfolio
Ophthalmic Lasers Market Segmentation


Location

GEOGRAPHY


Report

Table Of Content


Report

Company Profile

  • Alcon (Novartis AG) (U.S.)
  • Carl Zeiss Meditec AG (Germany)
  • Topcon Corporation (Japan)
  • Lumenis Ltd. (Israel)
  • Abbott Medical Optics, Inc. (U.S.)
  • IRIDEX Corporation (U.S.)
  • Bausch & Lomb Incorporated (U.S.)
  • NIDEK Co., Ltd. (Japan)
  • Ziemer Ophthalmic Systems AG (Switzerland)
  • Ellex Medical Lasers Limited (Australia)

Description

The global ophthalmic lasers market size is expected to reach $3.41 billion in 2027 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 this market.one of the most notable applications of lasers in the region has been the treatment of nearsightedness, which has become popular elective surgery in this field.

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