Ophthalmic Lasers Market Size | COVID-19 Impact Analysis | Forecast to 2027

Global Ophthalmic Lasers Market was valued at $1,111 million in 2016 and is projected to reach $1,516 million by 2027, registering a CAGR of 4.5% from 2021 to 2027.

An ophthalmic laser is a device used to target ophthalmic cells to treat eye diseases using a laser beam source. Laser beam sources are used in a variety of clinical diagnostic and treatment procedures. It is a monochromatic, coherent, and directional light source that accurately focuses on a small spot. These systems consist of a laser module, a cooling system, a laser cavity, and a laser pump connected to a slit lamp biomicroscope. They are used in applications such as refraction correction, cataract removal, glaucoma treatment, age-related macular degeneration treatment, cataract removal, and others. Depending on the product, ophthalmic lasers are classified into diode lasers, femtosecond lasers, excimer laser aromatherapy, ND: Yag lasers, and others. End users are hospitals, specialized clinics, and outpatient surgery centers.

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Market Segments

By Product Type
• Femtosecond Lasers
• Excimer Lasers
• Nd: YAG Lasers
• Diode Lasers
• Other Lasers [Nd: YAG Lasers operating in green (532 NM) wavelength, solid-state lasers, optically pumped semiconductor lasers, and lasers with fiber technology]

By Application
• Refractive Error Correction
• Cataract Removal
• Glaucoma Treatment
• Diabetic Retinopathy Treatment
• AMD Treatment

Key Players

The key players in the market include Alcon Laboratories, Inc. (U.S.), Abbott Medical Optics, Inc. (U.S.), Carl Zeiss Meditec AG (Germany), Bausch & Lomb Incorporated (U.S.), Ellex Medical Lasers Limited (Australia), Topcon Corporation (Japan), Ziemer Ophthalmic Systems AG (Switzerland), IRIDEX Corporation (U.S.), NIDEK Co., Ltd. (Japan), and Lumenis Ltd. (Israel).

Scope of the Report

The research study analyzes the global Ophthalmic Lasers industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Ophthalmic Lasers Market Report

1. What was the Ophthalmic Lasers Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of the Ophthalmic Lasers Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Ophthalmic Lasers Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

The report covers the following objectives:

• Proliferation and maturation of trade in the global Ophthalmic Lasers market.
• The market share of the global Ophthalmic Lasers market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
• Current and future market trends that are influencing the growth opportunities and growth rate of the global Ophthalmic Lasers market.
• Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Ophthalmic Lasers market.

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This release was published on openPR.