Ophthalmic Lasers Market By Product (Femtosecond Lasers, Excimer Lasers, Nd:YAG Lasers, Diode Lasers), By Application (Refractive Error Correction, Cataract Removal, Glaucoma Treatment, Diabetic Retinopathy Treatment, Age Related Macular Disorder (AMD) Treatment) - Growth, Future Prospects And Competitive Analysis 2017 – 2025

This report on global ophthalmic lasers market studies various products and applications. The main need for ophthalmic laser surgery arises as it is technological advanced, cost effective, safe and quick surgical procedure. Laser eye surgeries are being performed by ophthalmologist for over 25 years with better patient suitability. Ophthalmic lasers offer freedom from contact lenses and eye glasses, with early visual recovery period and less chances of corneal infection after the surgery.

For the purpose of this study, the various product types studied include femtosecond lasers, excimer lasers, Nd: YAG lasers, diode lasers and others. Applications studied for the purpose of this research include refractive error correction, cataract removal, glaucoma treatment, diabetic retinopathy treatment and AMD treatment. Market size estimates and forecast for these segments for the period 2015 to 2025 are provided in terms of US$ Mn along with the respective CAGRs for the period 2017 to 2025, considering 2016 as the base year.

The geographic segmentation of the global ophthalmic lasers market is performed for the regions North America, Europe, Asia Pacific, Latin America and Middle East and Africa markets. The regions are also further sub-segmented on the basis of major countries:

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • Rest of Asia Pacific
  • Latin America
    • Mexico
    • Brazil
    • Rest of LATAM
  • Middle East and Africa
    • UAE
    • Saudi Arabia
    • South Africa
    • Rest of Middle East and Africa

Market size estimates and forecast for these segments for the period 2015 to 2025 are provided in terms of US$ Mn along with the respective CAGRs for the period 2017 to 2025, considering 2016 as the base year.

Ophthalmic Lasers Market

Based on application types, the ophthalmic lasers market is categorized into

  • Refractive error correction
  • Cataract removal
  • Glaucoma treatment
  • Diabetic retinopathy treatment
  • Age-related macular degeneration (AMD) treatment

Ophthalmic Lasers Market

Ophthalmic lasers market has several applications such as refractive error correction, cataract removal, glaucoma treatment, diabetic retinopathy and AMD treatment etc. The patient need not to be admitted in the hospital as laser surgeries are often performed within few hours, without needing anesthesia and early recovery of patient after surgery. Among the considered applications, refractive error correction holds the largest revenue share attributed by increasing incidence of the refractive errors (myopia, hypermetropia), better clinical outcomes due to technological advancement in laser technology like femtosecond and LASIK. Diabetic retinopathy is the fastest growing segment over the forecast period due to high prevalence of diabetic patients, public awareness and early disease diagnosis, government and non-government initiatives to promote the treatment of eye disorders and automation of several steps of femtosecond lasers that are used for the treatment of diabetic retinopathy.

For the purpose of this study, the global ophthalmic lasers market is categorized into:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Ophthalmic Lasers Market

North America was observed as the largest market for ophthalmic lasers market in the base year 2016. The growth is attributed mainly due to rise in ophthalmic diseases, aging population and technological advancement in the ophthalmic laser devices. Europe is expected to be the second largest market due to high prevalence of ophthalmic diseases, improved healthcare infrastructure, government and non-government organizations’ initiatives to promote ophthalmic disease treatment and supportive reimbursement policies. Growth of Asia Pacific market for ophthalmic lasers is attributed by factors like rising prevalence of ophthalmic diseases, flourishing medical tourism and regulatory approval for ophthalmic laser devices in these regions. However, factors such as aging population, increasing public awareness are going to fuel the rapid growth of ophthalmic lasers market in Latin America and Middle East and Africa region in the near future.   

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Published Date:  Jun 2017
Category:  Medical Devices
Report ID:   58496
Report Format:   PDF
Pages:   120
Rating:    4.3 (65)
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