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Ophthalmic Medical Lasers Global Market is Expected to Grow $1.55 Billion at a CAGR of 6.5% By 2027 | Key Players: Alcon Laboratories Inc., Topcon Corporation, Carl Zeiss Meditec AG, IRIDEX Corporation, Lumenis Ltd.
Ophthalmic Medical Lasers Market
The Business Research Company's Ophthalmic Medical Lasers Global Market Report 2023 identifies the rising incidence of ocular disorders is driving the demand for the ophthalmic medical lasers market. Ocular disorders are the ones that affect vision and eye health in patients of all ages and treatment with lasers helps reshape the eye cornea for better focus, which contributes to an improved vision.
The global ophthalmic medical lasers market grew from $1.12 billion in 2022 to $1.2 billion in 2023 at a compound annual growth rate (CAGR) of 7.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global ophthalmic medical lasers is expected to grow from $1.55 billion in 2027 at a CAGR of 6.5%.
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Major players in the ophthalmic medical lasers market are Alcon Laboratories Inc., Abbott Medical Optics Inc., Carl Zeiss Meditec AG, Bausch & Lomb Incorporated, Topcon Corporation, Ziemer Ophthalmic Systems AG, IRIDEX Corporation, and NIDEK Co. Ltd., Lumenis Ltd., and Johnson & Johnson.
The availability of alternative therapies for vision correction is expected to hinder the ophthalmic medical lasers market. The alternatives for lasers in ophthalmology include using a lens for correcting the vision using techniques such as Phakic Intraocular Lens Implants, and Refractive Lens Exchange Surgery.
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The Ophthalmic Medical Lasers Market Is Segmented -
• By Product: Diode Lasers, Femtosecond Lasers, Excimer Lasers Aromatherapy, ND:Yag Lasers, Other Products
• By End User: Hospitals, Specialty Clinics and Ambulatory Surgery Centres
• By Application: Refractive Error Correction, Cataract Removal, Diabetic Retinopathy, Glaucoma, Age-Related Macular Degeneration, Other Applications
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Ophthalmic Medical Lasers market.
The Business Research Company's "Global Ophthalmic Medical Lasers Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Ophthalmic Medical Lasers Market Include:
1. Executive Summary
2. Ophthalmic Medical Lasers Market Characteristics
3. Ophthalmic Medical Lasers Market Trends And Strategies
4. Ophthalmic Medical Lasers Market - Macro Economic Scenario
5. Ophthalmic Medical Lasers Market Size And Growth
.....
26. Africa Ophthalmic Medical Lasers Market
27. Ophthalmic Medical Lasers Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Ophthalmic Medical Lasers Market
29. Ophthalmic Medical Lasers Market Future Outlook and Potential Analysis
30. Appendix
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