openPR Logo
Press release

Ophthalmic Lasers Market is Registering a Healthy 4.60% CAGR Between 2016 and 2024

10-24-2019 01:47 PM CET | Health & Medicine

Press release from: Transparency Market Research

As per expert analysis, ophthalmic lasers market had accumulated revenue worth US$0.97 bn in 2015, which is further expected to grow up to US$1.44 bn by 2024. This is decent increase considering the fact that the global ophthalmic lasers market will expand at a steady CAGR of 4.60% during the forecast period from 2016 to 2024. From the perspective of end users, this market showcased ophthalmic clinics holding a leading edge over other segments. This is further expected to continue in the next years too. Geography-wise, North America contributes maximum revenue in the market thanks to a strong medical infrastructure as well as rising cases of issues related to eyes in the region.

Obtain Report Details @

Increasing Cases of Eye Issues Increases Demand for Ophthalmic Lasers

With increasing pollution and levels of harmful emissions, the number of eye problems is increasing rapidly all over the globe. This is primarily increasing the demand of quality treatment procedures that include the use of ophthalmic lasers, consequently boosting growth in the global ophthalmic lasers market. Moreover, the occurrence of partial and complete blindness has substantially risen in the past couple of years and could rise twice as much by 2020. Rising instances of disorders such as cataract, diabetes, and glaucoma is causing a dramatic increase in eyesight problems, which might lead to partial or complete vision loss. Such scenarios too are responsible for driving growth in the global ophthalmic lasers market.

Request a Sample of Report at

A rising number of ophthalmologists with a vast experience that can diagnosis and provide quality medical care in the form of laser surgeries to deal with serious eye conditions is a key factor stoking growth in the global ophthalmic lasers market. Moreover, with a rising awareness about the effectiveness of available laser treatment methods is also expected to augment adoption of ophthalmic lasers from a global perspective in the next few years.

Expensive Laser Devices Discourage Potential Patients from Opting for Treatments

However, high costs of such lasers is expected to discourage potential users with low disposal income from opting for their use in treatments, thereby restraining the global ophthalmic lasers market. Nonetheless, the market is expected to showcase a splendid growth during the forthcoming years thanks to the efforts taken by several manufacturers to produce cost effective ophthalmic laser devices. The restraints affecting the global ophthalmic lasers market are also expected to decrease as companies are focus on improving their geographical expansion in the healthcare industry.

Request for Discount on This Report –

The global ophthalmic lasers market depicts the presence of a highly fragmented market, says Transparency Market Research on the basis of a recently published report. Such a diverse scenario mainly exists due to the presence of innumerable small, medium, and large-scale players in the market, thereby showcasing a notably distributed scenario. In spite of such a fragmented vendor landscape, the competition is substantially moderate. However, the next few years are expected to depict a burgeoning competition thanks to an increase in the number of new entrants in the market. These companies are also anticipated to help increase the number of advanced product launches. Some of the prime companies operating in the global ophthalmic lasers market are: Alcon, Ellex Medical Laser Ltd., Quantel Group, Lumenis Ltd., and Carl Zeiss. These top five businesses had held a notable share of 35.0% of total revenue generated.

Contact Us

Transparency Market Research
State Tower,
90 State Street, Suite 700
Albany, NY 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453

About Us

Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.

Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Ophthalmic Lasers Market is Registering a Healthy 4.60% CAGR Between 2016 and 2024 here

News-ID: 1856394 • Views: 95

More Releases from Transparency Market Research

Coconut Oil Market- Positive Long-Term Growth Outlook till 2025
Coconut oil is extracted from dried or tender coconut kernels and is a tasteless and colorless oil. The coconut oil is available in two types based on the extraction- unrefined and refined or virgin oil. Unrefined oil is unbleached and unprocessed and is rarely used in consumption, while virgin oil is used in consumption. Obtain Report Details @ The coconut oil market has seen tremendous potential in the personal
Cassava Flour Market: Global Size, Trends, Competitive, Historical and Forecast …
Cassava flour is gaining worldwide recognition as an alternative for wheat flour and other gluten-based flours. It contains more calories in comparison to other flours. Cassava flour is considered as a rich source of starch, which is the main source for carbohydrates and dietary fibers. In the global flour market, the demand for cassava flour is high, owing to its very less content of gluten in comparison to other varieties
Tiger Nuts Market - Growth Prospect and Future Scenario by 2026
The growing demand for healthy, plant-based snacks among consumers has fuelled the growth of tiger nuts in recent years. Tiger nuts are naturally occurring tuberous rhizome of sedge grass known as cyperus esculentus lativum. Tiger nuts do not belong to the nut family, but they have a texture similar to wrinkled crunchy granules. Tiger nuts are natively cultivated and consumed in Egypt and Spain as a part of the Mediterranean
Understanding Impact of COVID-19 on Wound Closure Products Market
The global wound closure products market is a highly competitive market with a high number of global and local players operating in it around the world, states a new market research study by Transparency Market Research. The key players in the market are focusing on the expansion of the product portfolio and the innovations, which is expected to support the growth of the overall market in the next few years.

All 5 Releases

More Releases for Laser

Medical Laser Systems Market
LASER stands for light amplification by stimulated emission of radiations. It possesses properties such as high monochromaticity, coherence and directionality which attributes to its strong penetration power. Lasers are widely used as a tool in surgery and diagnosis. Some of the major product types encompassing the medical laser systems market are diode lasers, solid state lasers, gas lasers and dye lasers. This position is majorly attributed to their use in an
Global Laser Cutting Machines Market - Lead Laser, Golden Laser, Boye Laser, Kai …
Global Laser Cutting Machines Market Report 2017 provides detailed analysis of Laser Cutting Machines market, enclosing detailed study of Laser Cutting Machines market for last few years and forecast up to year 2022. The Laser Cutting Machines market report analyses the global Laser Cutting Machines market from different angles to understand various factors impacting the global Laser Cutting Machines market. The reports enlightens the user with various applications, product type, end
Laser Market Analysis 2017-2022 (Fiber Laser, CO2 Laser, Solid State Laser)
The 2017-2022 Top Manufacturers Laser Market Report presents a comprehensive study of the Laser in global market, especially in the North America, Europe, Asia-Pacific, South America, Middle East and Africa. The study scans the progression of the market trailed over the past few years and the forecasts of growth in the coming years, primarily in terms of sales. The research report highlights the reasons liable for the disparities in the
Global Industrial Laser Market
Industrial Laser Market: Overview In recent years the industrial laser market has been developing steadily. The industrial lasers are used in industry in a wide variety of applications. These applications can involve processing of materials and all other applications. The material processing includes cutting, welding, drilling, etc. these type of implementation generally requires high power lasers. The adoption of laser processing is increasing in industries as it can be easily automated
30 years Z-LASER
Since Z-LASER’s founding in 1985, the company has been an innovative manufacturer of intelligent laser technologies. Since its inception, applications in the fields of metrology, industrial machine vision, positioning, and medical technology have been developed. Z-LASER’s products are exclusively developed and manufactured in Freiburg, Germany and serve as illumination for high-quality 2D and 3D camera based applications as well as a visual positioning aid in various industries. Besides high performance
Z-LASER: New laser supplier STEMMER IMAGING
Freiburg, Germany. The industrial laser illuminations from German manufacturer Z-LASER are now available from STEMMER IMAGING in The Netherlands, Belgium and Luxembourg. STEMMER IMAGING and Z-LASER have signed an agreement for the distribution of Z-LASER´s industrial laser illuminations over the STEMMER IMAGING Benelux offices. The innovative Z-LASER products have been available from the 1st February 2014 from Europe’s largest imaging technology provider, for customers in The Netherlands, Belgium and Luxembourg. STEMMER IMAGING’s