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Ophthalmic Laser Market Trends, Size, Forecast - 2019-2025
Ophthalmic Laser Market
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Ophthalmic lasers provide multiple functions including minimally invasive surgery, excellent patient suitability, and early visual recovery, among more. These properties of ophthalmic lasers are contributing significantly to the growth of the market. Femtosecond lasers segment is expected to prevail considerably owing to its ease of use and improved safety, coupled with relatively reduced chances of thermal damage to corneal tissues.
According to NPCB (National Programme for Control of Blindness), there are around 45 million blind individuals across the globe, and as per World Health Organization (WHO), the population of blind individuals will double due to growing population and longevity. These factors are expected to increase the demand for ophthalmic lasers. Various government programs and initiatives have contributed substantially to the growth of the ophthalmic lasers market. For instance, in India, a program NPCB was launched, aimed to reduce the prevalence of blindness to 0.3% by 2022. Additionally, the program included treatment for eye diseases such as diabetic retinopathy, as well as cataract, with the help of various laser techniques.
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Moreover, technological advancements, including optical coherence tomography for increasing the accuracy of ophthalmic laser surgeries, witnessed in the ophthalmology, also strengthened the ophthalmic laser market. On the other hand, ophthalmic laser therapies are expensive which is hampering the acceptance of ophthalmic lasers among the end-users, which can subsequently restrain the market growth. Key ophthalmic Laser therapy providers include Carl Zeiss Meditec AG, NIDEK Co., Ltd., Bausch & Lomb, Inc., Novartis International AG, Quantel Medical, and A.R.C. Laser GmbH among many more.
Global Ophthalmic Lasers Market Segmentation
By Type
• Excimer Laser
• Femtosecond Laser
• Cyclodiode Laser
• Nd: YAG Laser
• Selective-Laser-Trabeculoplasty (SLT) Laser
• Others
By Application
• Cataract Surgery
• Glaucoma Surgery
• Diabetic Retinopathy
• Refractive Surgery
• Age-Related Macular Degeneration (AMD)
• Cornea Transplant Surgery
• Others
By End-User
• Hospital
• Clinic
• Ambulatory Surgical Center
By Region
North America
• US
• Canada
Europe
• Germany
• UK
• France
• Spain
• Italy
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• Rest of Asia-Pacific
Rest of the World
• Middle East & Africa
• Latin America
Company Profiles
• A.R.C. Laser GmbH
• Bausch & Lomb, Inc.
• Boston Scientific Corp.
• Carl Zeiss Meditec AG
• Coherent, Inc.
• Ellex Medical Lasers Ltd.
• IPG Photonics Corp.
• IRIDEX Corp.
• Johnson & Johnson
• LIGHTMED Corp.
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Contact Person: Mr. Anurag Tiwari
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Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
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