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Ophthalmic Medical Lasers Market Insights, Industry Outlook, Growing Trends And Demands
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032The Business Research Company's Ophthalmic Medical Lasers Global Market Report 2023 identifies the increasing elderly population is expected to propel the growth of the ophthalmic medical lasers market going forward. The elderly population refers to the senior population of individuals aged 65 years and older. Ophthalmic medical lasers are used for the elderly population to perform cataract surgery, glaucoma, age-related macular degeneration (AMD), diabetic retinopathy, refractive lens exchange, and other treatments.
The ophthalmic medical lasers market size has grown strongly in recent years. It will grow from $1.2 billion in 2023 to $1.29 billion in 2024 at a compound annual growth rate (CAGR) of 7.6%. The growth in the historic period can be attributed to aging population, demand for minimally invasive eye surgeries, rising disposable incomes, increasing awareness of ophthalmic medical lasers, increase in myopia. the ophthalmic medical lasers market size is expected to see strong growth in the next few years. It will grow to $1.69 billion in 2028 at a compound annual growth rate (CAGR) of 7.0%.
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Major companies operating in the ophthalmic medical lasers market include Alcon Laboratories Inc., Abbott Medical Optics Inc., Carl Zeiss Meditec AG, Bausch & Lomb Incorporated, Topcon Corporation, Ziemer Ophthalmic Systems AG, IRIDEX Corporation, NIDEK Co. Ltd., Lumenis Ltd., Johnson & Johnson Surgical Vision Inc., Lumibird Medical, Quantel Inc., Coherent Inc., Ocular Instruments Inc., Ellex Medical Lasers Limited, LENSAR LLC, LIGHTMED Corporation, Menicon Co. Ltd., Novartis AG, Omeros Corporation, Oxurion NV, Pfizer Inc., Recipharm AB, Regeneron Pharmaceuticals Inc., Roche Holding AG, Rohto Pharmaceutical Co. Ltd., Santen Pharmaceuticals, SCHWIND eye-tech-solutions GmbH & Co. KG, Staar Surgical Company, Teva Pharmaceutical Industries Ltd., ThromboGenics NV, Veeva Systems Inc.
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.
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The Ophthalmic Medical Lasers market is segmented -
1) By Product: Diode Lasers, Femtosecond Lasers, Excimer Lasers Aromatherapy, ND:Yag Lasers, Other Products
2) By Application: Refractive Error Correction, Cataract Removal, Diabetic Retinopathy, Glaucoma, Age-Related Macular Degeneration, Other Applications
3) By End User: Hospitals, Specialty Clinics and Ambulatory Surgery Centres
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. Global Ophthalmic Medical Lasers Market Size and Growth
........
32. Global Ophthalmic Medical Lasers Market Competitive Benchmarking
33. Global Ophthalmic Medical Lasers Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Ophthalmic Medical Lasers Market
35. Ophthalmic Medical Lasers Market Future Outlook and Potential Analysis
36. Appendix
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