Press release
Ophthalmic Lasers market Is Expected To Exhibit 4.5% CAGR By 2023 | Topcon Corporation, Ellex Medical Corporation
Ophthalmic Lasers Market
Download Detailed COVID-19 Impact Sample Report at @ https://www.alliedmarketresearch.com/request-for-customization/2013?reqfor=covid
The Global Ophthalmic Lasers Market was valued at $1.1 billion in 2016, and is projected to reach $1.5 billion by 2023, with a increasing CAGR of 4.5% from 2017 to 2023
COVID-19 scenario-
1) Due to the global pandemic all over the world, the medical devices manufacturers are majorly focusing on essential medical devices production including ventilators and diagnostics.
2) However, due to the precautionary measures taken by governments in various regions, the supply chain has been hampered. Which may result in shortage of devices in certain locations.
3) Food and Drugs Administration (FDA), on the other hand, shared a COVID-19 guidance with medical device manufacturers to notify the agency about changes that could affect availability of their products.
The photocoagulation lasers segment dominated the global market, accounting for a share of nearly three-fourths of the total market in 2016.
Download Report Sample @ https://www.alliedmarketresearch.com/request-sample/2013
The Nd:YAG lasers segment is expected to register highest CAGR of 5.2% from 2017 to 2018. This is attributed to diverse applications of these lasers in the treatment of various eye diseases.
A laser is a device that emits light through a process of optical amplification based on the stimulated emission of electromagnetic radiation. This device is used increasingly in the area of ophthalmology as there is an understanding of laser-tissue interactions in this medical application, such as ophthalmology. This results into use of medical lasers in treating a wide spectrum of eye-related diseases, such as cataract, glaucoma, age-related macular edema, and diabetic retinopathy.
The factors that drive the ophthalmic lasers market are surge in number of eye-related diseases, advancements in the laser technology, and increased awareness for laser application in the area of ophthalmology. However, stringent safety regulations and high rate of failure of surgeries involving use of lasers limit the market growth. Emerging nations, such as LAMEA and Asia-Pacific, and increasing disposable income are expected to provide major opportunities to the manufacturers of ophthalmic lasers.
In 2016, North America accounted for a share of two-fifths of the global market, owing to the increase in prevalence of eye-related diseases and high adoption of technologically advanced products. Europe holds the second position in the global ophthalmic lasers market.
To know more about the report, visit the website at @ https://www.alliedmarketresearch.com/ophthalmic-laser-market
The major companies profiled Are:
Carl Ziess Meditec Ag, Novartis AG, Topcon Corporation, Ellex Medical Corporation, Quantel Inc., Iridex Corporation, Nidek Co., LTD., Lumenis, Abbott Laboratories, and Ziemer Ophthalmic Systems.
Similar Reports:
Stroke Management Market : https://www.einnews.com/pr_news/529348140/stroke-management-market-to-reach-valuation-of-36-75-billion-by-2023-diagnostics-and-therapeutics
Indian Laparoscopy Devices Market : https://www.einnews.com/pr_news/529443534/laparoscopy-devices-market-in-indian-growing-at-a-cagr-of-7-3-and-to-target-811-million-by-2023
Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free (USA/Canada):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
About Us:
Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.
This release was published on openPR.
Permanent link to this press release:
Copy
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 Expected To Exhibit 4.5% CAGR By 2023 | Topcon Corporation, Ellex Medical Corporation here
News-ID: 2251565 • Views: …
More Releases from Allied Market Research
Electrophoresis Market Set to Hit $4 Billion, Driven by Expanding Role in Drug D …
Electrophoresis is a laboratory technique used to separate and analyze molecules based on their size, charge, and other physical properties. It involves applying an electric field to a gel or other matrix containing the molecules, causing them to migrate towards the opposite electrode at different rates depending on their properties. Electrophoresis is used in a wide range of scientific fields, including molecular biology, biochemistry, and forensic science. It can be…
Global DNA Vaccine market to Hit $774.43M by 2030 (6.3% CAGR) Driven by Rising C …
DNA vaccines represent a groundbreaking approach to immunization, leveraging the power of genetics to stimulate a robust immune response. Unlike traditional vaccines that use weakened or inactivated pathogens, DNA vaccines introduce a small piece of genetic material to instruct cells to produce specific proteins that trigger an immune response. This article explores the potential of DNA vaccines, highlighting their unique advantages, advancements, and the transformative impact they may have on…
Aviation Weather RADAR Market Strategies, In-depth Analysis, Key Players and Geo …
The aviation weather RADAR system is the tool used by pilots for strategic and tactical planning of a safe flight trajectory. Each aircraft has a radar antenna mounted in the nose of the aircraft. This antenna catches signals, which are then processed by a computer, enabling the pilots to view the same and make necessary weather predictions. Since the aviation industry is highly competitive, the generated profits are attributed to…
Chocolate Couverture Market by Growth, Emerging Trends and Forecast by 2023-2032
Chocolate couverture is high-quality chocolate with extra cocoa butter, which imparts glossy texture, and is used to cover sweets and cakes. Couverture chocolate bars contain cocoa solids, cocoa butter, sugar, and other basic chocolate bar ingredients. The major change is with the texture of cocoa that is ground to a finer texture than regular chocolates and contains more cocoa butter. Various forms of chocolate coverture are available in the market…
More Releases for Ophthalmic
Rising Ophthalmic Disorders Fueling Growth In Ophthalmic Drug Market: Powering I …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Ophthalmic Drugs Market Through 2025?
In recent years, the ophthalmic drugs market has witnessed robust growth. It is projected to escalate from $39.36 billion in 2024 to $42.25 billion in 2025, with a compound annual growth rate (CAGR) of 7.3%. The growth…
Prominent Ophthalmic Knives Market Trend for 2025: Innovative Developments In Op …
Which drivers are expected to have the greatest impact on the over the ophthalmic knives market's growth?
The increasing prevalence of eye-related conditions is expected to boost the ophthalmic knives market. Conditions such as cataracts, glaucoma, and diabetic retinopathy are rising due to aging populations and lifestyle changes. Ophthalmic knives are used in surgeries to treat these conditions, helping to improve vision and manage eye health. The CDC's January 2024 report…
Ophthalmic Devices Market
According to the report, the global ophthalmic devices market garnered $32.53 billion in 2019, and is estimated to reach $44.86 billion by 2027, registering a CAGR of 4.0% from 2020 to 2027.
Drivers, restraints, and opportunities-
Increase in adoption of digital devices in health care sector and technological advancement in the ophthalmic devices drive the growth of the global ophthalmic devices market. However, lack of sled professional and low awareness regarding eye-related…
Ophthalmic Packaging Market Report 2024 - Ophthalmic Packaging Market Trends And …
"The Business Research Company recently released a comprehensive report on the Global Ophthalmic Packaging Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.
Ready to Dive into Something Exciting? Get Your Free Exclusive Sample…
Ophthalmic Lasers Market - Empowering Progress, Shaping Eye Care Excellence: Rev …
Newark, New Castle, USA - new report, titled Ophthalmic Lasers Market The report has been put together using primary and secondary research methodologies, which offer an accurate and precise understanding of the Ophthalmic Lasers market. Analysts have used a top-down and bottom-up approach to evaluate the segments and provide a fair assessment of their impact on the global Ophthalmic Lasers market. The report offers an overview of the market, which…
Ophthalmic Eye Shield Market Segmentation By Material type Aluminium Ophthalmic …
Eye shields are advised for use in the eye while a periorbital surgery to avoid any injury to the globe. Ophthalmic eye shields are used for postoperative ocular protection. Ophthalmic eye shields protect the cornea and retina while any eye surgery or laser treatment. Ophthalmic eye shields are highly preferred for cataract surgeries in the elder population and blepharitis correction especially for children. According to WHO, The World Health Organization,…
