Press release
LAMEA Ophthalmic Lasers Market 2023 Driving Factors Forecast Research 2029
Latin America and Middle East African (LAMEA) ophthalmic laser market is forecast to grow at a CAGR of 4.9% during the forecast period. The market for ophthalmic lasers in the LAMEA has growth opportunities due to the contribution of the countries such as Brazil, Israel, South Africa, and other countries from the rest of the world. The healthcare system in South Africa, Brazil, and Israel has improved over the years with infrastructural development and treatment of eye-related diseases. The factors contributing to the growth of the ophthalmic laser market in LAMEA include a rising prevalence of chronic eye diseases such as cataracts and glaucoma. Along with it, an increase in the number of eye patients, and awareness of advanced laser eye treatment for vision correction is expected to fuel the growth of the market in the near future.As per the International Agency for the prevention of Blindness (IAPB), approximately half the blindness in South Africa is caused due to cataracts. The prevalence of blinding bilateral cataracts in Africa is estimated to be around 0.5%. In 2008, the cataract surgical rate in South Africa was 200-400 people. The country has a target to increase this cataract surgical rate to 2,000 in 2020 that will require more ophthalmic lasers for performing cataract surgery. Trachoma is the second leading cause of blindness in South Africa. As per the estimation, more than 2.2 million people are blind from trachoma. This increasing prevalence of chronic eye diseases creates enormous opportunities for ophthalmic laser manufactures and drives the market in the region.
The LAMEA 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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LAMEA 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
A full Report of LAMEA Ophthalmic Lasers Market is Available @ https://www.omrglobal.com/industry-reports/lamea-ophthalmic-lasers-market
REGIONAL ANALYSIS
Brazil
Argentina
UAE
South Africa
Nigeria
Rest of LAMEA
COMPANY PROFILES
Bausch & Lomb, Inc.
Boston Scientific Corp.
Carl Zeiss Meditec AG
Ellex Medical Lasers, Ltd.
IRIDEX Corp.
Johnson & Johnson, Service Inc.
NIDEK Co., Ltd.
Novartis International AG
Topcon Medical Systems, Inc.
Ziemer Ophthalmic Systems AG
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