The global demand for Ophthalmic Lasers Market is presumed to reach the market size of nearly USD 3.43 BN by 2028 from USD 2.33 BN in 2021 with a CAGR of 5.7% under the study period 2022 - 2028.
Ophthalmic lasers are devices that enable precise treatment for a variety of eye issues with little risk of infection. Numerous laser procedures are done without anesthesia and with no pain; these are minimally invasive. Ophthalmic lasers are a helpful tool in the field of ophthalmology due to their combination of safety, accuracy, and relative affordability. The laser consoles, the foot pedal, and the laser delivery system are the three main components of a laser system.
Market Dynamics
The growing incidences of vision-related disorders further drive the market growth of ophthalmic lasers. This laser system offers minimally invasive surgical procedures, which are getting more popular and are expected to fuel the ophthalmic laser market expansion further. The growing public awareness, shifting consumer preference, and rise in consumer income contribute to the market growth of ophthalmic lasers. Ophthalmic lasers offer safe and effective surgical procedures, boosting the market growth. Furthermore, numerous manufacturers are investing in developing advanced methods and laser technology along with R&D projects that may aid the expansion of the ophthalmic laser market. On the contrary, the strict regulations and high rate of failures are expected to impede the market growth of ophthalmic lasers.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of ophthalmic lasers. The growth and trends of ophthalmic lasers industry provide a holistic approach to this study.
Market Segmentation
This section of the ophthalmic lasers market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Type
- Photodisruption Lasers
- Selective Laser Trabeculoplasty (SLT)
- Photocoagulation Lasers
By Product
- Femtosecond Lasers
- Excimer Lasers
- Nd:YAG Lasers
- Diode Lasers
- Others
By Application
- Refractive Error
- Cataract Surgery
- Glaucoma Surgery
- Others
By End User
- Hospitals
- Ambulatory Service Centers
- Eye Clinics
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Ophthalmic Lasers market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Ophthalmic Lasers Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the ophthalmic lasers market include Carl-Zeiss-Stiftung, Iridex Corporation, johnson & johnson, LightMed Corporation, Lumenis Be Ltd., Lumibird Group, Nidek Co. Ltd, Novartis International AG, Topcon Corporation, Ziemer Ophthalmic Systems AG. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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