Femtosecond Laser Cataract Surgery Market is estimated to grow at a high CAGR, during the forecast period| Key Players - ALCON, ABBOTT, BAUSCH & LOMB HOLDINGS INC., LENSAR, ZIEMER, OPTIMEDICA, CALMAR LASER, RAYDIANCE, amongst others

Market Analysis:

United States has the Highest Market Share
In North America, the United States is dominating the market, due to the factors, such as increasing number of cataract cases and rising population of the elderly, in this region. Asia-Pacific is expected to record a substantial growth over the forecast period, due to increasing disposable income, and rising awareness among people about the eye diseases and their treatment.

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Cataract surgery is one of the commonly performed surgeries. In this surgery, removal of the natural lens of the eye that has developed an opacification (cataract) is performed. The femtosecond laser technology has brought new levels of safety, accuracy, and predictability for the basic cataract surgery procedure. The need for solutions to ailments like cataract will be required in the aging countries like Japan, Greece, and Germany. In addition to that, in the developing countries, such as India and China, the sheer number of geriatrics requiring surgical cataract solutions, has the potential to drive the market. The other factors, like the availability of highly and effective surgery method with less post-operation recovery time and the market being far from reaching a plateau, are driving the market. Whereas the high Cost of the procedure is restraining the market growth of femtosecond laser cataract surgery.

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Market Segments:
Femtosecond Laser Cataract Surgery Market is segmented by:
1. Technology: Victus, Catalys, Lensx, Lensar
2. Portability: Fixed, Mobile
3. Mode of Surgery: Femtosecond Laser-assisted Corneal Incision, Femtosecond Laser-assisted Capsulorhexis, Femtosecond Laser-assisted Phacofragmentation
4. Geography: North America, South America, Europe, Asia Pacific, Middle East & Africa

Key Developments in the Market
• January 2018: LENSAR acquired the laser business assets of Precision Eye Services Inc.
• November 2017: LENSAR received FDA Clearance for IntelliAxis-L-LENSAR laser systems.

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