Asia-Pacific Ophthalmic Lasers Market Worldwide Industry Analysis, Future Demand and Forecast till 2029

Asia-Pacific ophthalmic laser market is forecast to grow at a CAGR of 6.6% during the forecast period and is expected to reach around $254 million in 2025 as compared to $162 million in 2018. The market in Asia-Pacific is driven by numerous factors including increasing government initiatives such as the National Programme for Control of Blindness, and the rising cataract-removal surgeries. Significant demand for ophthalmic surgeries will be foreseen in the near future as chronic diseases such as diabetes are increasing which is a major cause of blindness. As per the estimation of the IDF, in 2018, 382 million people had diabetes globally, and by 2035, this number was predicted to rise to 592 million. 80% of this population lives in under-developed and developing countries, and of the total, more than 60% live in Asia, with almost one-third in China.

Early detection and treatment play a major role to save the eyesight. This significant prevalence of aging population is propelling the demand for laser procedures and ophthalmic lasers as it offers significant safety and effectiveness, as compared to traditional approaches. For example, the use of femtosecond laser in cataract surgery enables fragment the cataract, open the lens capsule, and make corneal incisions. This requires low phacoemulsification energy and time and thus decreases thermal injury to ocular tissues by corneal edema and ultrasound.  However, there are certain factors restraining the growth of the market, such as some risks associated with LASIK surgery and the shortage of skilled professionals.

The Asia-Pacific 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.

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Asia-Pacific 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

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REGIONAL ANALYSIS

China
India
Japan

Rest of Asia-Pacific

COMPANY PROFILES

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, Service Inc.
LIGHTMED Corp.
LightScalpel
Meridian AG
NIDEK Co., Ltd.
NoIR Laser Company, LLC.
Novartis International AG
16. Optotek d. o. o.
Quantel Medical
SCHWIND Eye Tech Solutions GmbH
Topcon Medical Systems, Inc.
Ziemer Ophthalmic Systems AG

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