Ophthalmic Lasers Market Business Analysis and Forecasts to 2025 by Top Players - Alcon Laboratories, Inc., Carl Zeiss Meditec AG, Ellex Medical Lasers Limited, Abbott Medical Optics, Inc., Bausch & Lomb Incorporated, Topcon Corporation and Others

The Global Ophthalmic Lasers Market is expected to reach USD 1505.5 Million by 2025, from USD 1018.92 Million in 2017 growing at a CAGR of 5.0% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2017, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

Some of the major players operating in the ophthalmic lasers market are Alcon Laboratories, Inc., Carl Zeiss Meditec AG, Ellex Medical Lasers Limited, Abbott Medical Optics, Inc., Bausch & Lomb Incorporated, Topcon Corporation, IRIDEX Corporation, Lumenis, Ziemer Ophthalmic Systems AG, and NIDEK Co., Ltd among others.

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Ophthalmic lasers are devices which use precise source of light to treat ophthalmic ailments. Lasers lights are divided into coherent, monochromatic and collimated. Using the laser-based microscopic techniques with adaptive optics helps ophthalmologist to detect glaucoma and other devastating eye problems. In diabetic retinopathy argon lasers are generally used. Krypton lasers are used in macular degeneration. YAG lasers are used to treat the open-angle glaucoma giving same results as that of argon lasers. As per of American Academy of Ophthalmology 2014 stats, around 4.2 Million people in the U.S. are visually impaired. Various developments are taking place such as in August 2010 Topcon Corporation made an agreement with OptiMedica Corporation PASCAL photocoagulation system for diabetic retinopathy and acute macular degeneration. Through this Topcon debuted in therapeutic laser market In June 2016, Ellex Medical Lasers Limited got approval from China FDA for lasers devices which are used in the treatment of glaucoma, vitreous floaters and secondary cataract. Ellex Medical Lasers Limited, one of the major leaders in ophthalmic lasers industry, have a broad portfolio of SLT and YAG for the treatment of ophthalmic ailments. YAG and SLT lasers are used for the treatment of glaucoma, retina, and corneal surgery.

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The global ophthalmic lasers market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions and others to increase their footprints in this market. The report includes market shares of ophthalmic lasers market for global, Europe, North America, Asia Pacific and South America.

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