Indian Ophthalmic Lasers Market Trends 2021 | Segmentation, Outlook, Industry Report to 2027

Indian ophthalmic laser market is forecast to grow at a CAGR of 7.5% during the forecast period. The market in Indian is driven by numerous factors including increasing government initiatives such as the National Programme for Control of Blindness, and the rising cataract-removal surgeries. According to the estimation of the Asia Pacific Council of Optometry, approximately 15 million people were blind in India in 2018, in which 75% of cases were of avoidable blindness. Cataract, refraction error, glaucoma, corneal pathologies, and others are the causes of blindness in India.

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A cataract is the major eye problem in the country. According to the All India Ophthalmological Society, cataract accounts for 62% of blindness in India. Over 6.48 million cataract surgeries were performed in India in 2016-2017. Refractive errors such as myopia, hypermetropia, and presbyopia hold a 19.70% share of causes of blindness in India. Glaucoma is the third major cause which is a serious sight-threatening disorder. It is an optic neuropathy with progressive loss of retinal ganglion cells, leading to characteristic structural damage to the optic nerve and visual field defects due to a variety of pathologies.

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The Indian ophthalmic lasers market is segmented on the basis of type, application, and end-user. Based on the type, the market is further classified into SLT laser, Nd: YAG laser, excimer laser, femtosecond laser, cyclodiode laser, and others. There are multiple applications for Nd: YAG lasers and is most commonly used for the treatment of posterior capsular opacification after cataract surgery. Other applications comprise the treatment of recurrent vitreous floaters and corneal erosions. Additionally, based on application, the market is further classified into cataract surgery, refractive surgery, AMD, cornea transplant surgery, glaucoma surgery, diabetic retinopathy, and others. Based on end-user, the market is further classified into hospital, clinic and ambulatory surgical center.

The major companies in the market include Carl Zeiss Meditec AG, Johnson & Johnson Service, Inc., NIDEK Co., Ltd., and Ziemer Ophthalmic Systems AG. Some key strategies adopted by these companies include merger and acquisitions, product launches and partnerships to attract a large number of customer base and expand share in the market.

Market Segmentation
Indian Ophthalmic Lasers Market by Type
• Excimer Laser
• Femtosecond Laser
• Cyclodiode Laser
• Nd: YAG Laser
• Selective-Laser-Trabeculoplasty (SLT) Laser
• Others

Indian Ophthalmic Lasers Market by Application
• Cataract Surgery
• Glaucoma Surgery
• Diabetic Retinopathy
• Refractive Surgery
• Age-Related Macular Degeneration (AMD)
• Cornea Transplant Surgery
• Others

Indian Ophthalmic Lasers Market by End-User
• Hospital
• Clinic
• Ambulatory Surgical Center

COMPANY PROFILES
• Bausch & Lomb, Inc.
• Boston Scientific Corp.
• Carl Zeiss Meditec AG
• Coherent, Inc.
• Ellex Medical Lasers Ltd.
• Johnson & Johnson, Service Inc.
• LIGHTMED Corp.
• LightScalpel
• Meridian AG
• NIDEK Co., Ltd.
• NoIR Laser Company, LLC.
• Novartis International AG
• SCHWIND Eye Tech Solutions GmbH
• Topcon Medical Systems, Inc.
• Ziemer Ophthalmic Systems AG

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