Global Ophthalmic Lasers Market Size, Share, Forecast Report, 2020-2027
The Global Ophthalmic Lasers Market was valued at over USD 1,050 in 2017 and expected to register CAGR 4.6% during the forecast period (2018–2023).
Ophthalmology is a branch of medical science which deals with complications related to eyeball and orbit. Ophthalmic lasers are important in correcting vision and repairing the damage. The growing geriatric population with ophthalmic problems, increasing number of product approvals, and increasing prevalence of chronic ophthalmic disorders are expected to drive the growth of the market. Moreover, Chronic disorders such as diabetes are responsible for retinal disorders and increasing prevalence of disorders related to the eye as well as contributing to the growth of the market. According to the World Health Organization, Diabetes is a major healthcare concern and more than 422 million adults were suffering from diabetes in 2016, and it caused approximately 2.2 million deaths.
The rising cost of ophthalmic procedures, the high price of ophthalmic lasers products, and lack of skilled personnel for the effective use of ophthalmic lasers products may hamper the growth of the market during the assessment period.
Segmentation:
The Global Ophthalmic Lasers Market has been segmented on the basis of product, application, and End User.On the basis of product, the market has been classified as excimer lasers, femtosecond lasers, diode lasers, selective laser trabeculoplasty (SLT) laser, ND:Yag lasers, and others.The application segment has been divided into refractive error correction, cataract surgery, diabetic retinopathy, glaucoma surgery, age-related macular degeneration (AMD)treatment, and others.
The market, by End User, has been segmented into hospitals, specialty clinics, ambulatory surgical centers, and others.
Key Players:
Some of the key players in the global ophthalmic lasers market are Alcon Laboratories, Inc., Abbott Medical Optics, Inc., Carl Zeiss Meditec AG, Bausch & Lomb Incorporated, Quantel Inc., Ellex Medical Lasers Limited, Ocular Instruments, Topcon Corporation, Ziemer Ophthalmic Systems AG, Iridex Corporation, Nidek Co., Limited, Lightmed USA, and Lumenis Ltd.
Global Ophthalmic Lasers Market, by Product:
Global Ophthalmic Lasers Market, by Application:
Global Ophthalmic Lasers Market, by End User:
Global Ophthalmic Lasers Market, by Region:
Company Profiles:
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