Market Overview:
The global ophthalmic lasers market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing prevalence of eye disorders, rising demand for minimally invasive surgeries, and technological advancements in ophthalmic lasers. Based on type, the global ophthalmic lasers market is segmented into diode lasers, femtosecond lasers, excimer lasers, Nd:YAG lasers, argon lasers and SLT (super luminescent) lasers. Diode laser systems are expected to account for the largest share of the global ophthalmic laser systems market in 2018 owing to their high adoption rates for various applications such as cataract surgery and refractive surgery. Femtosecond laser systems are projected to grow at a highest CAGR during the forecast period due their advantages over other types of laser systems such as precision and accuracy. Based on application, hospitals accounted for majority share of revenue generated by ophthalmic laser system sales in 2017 followed by ambulatory surgical centers (ASCs) and clinics respectively. Hospitals are anticipated witness highest growth rate during forecast period due increasing number os eye surgeries being performed in these settings coupled with rising demand for advanced technologies used minimize surgical trauma . Region-wise , North America held largest share revenue generated by sale if Ophthamic Laser Systems In 2017 .
Product Definition:
Ophthalmic lasers are medical devices that emit laser light. They are used to treat a variety of eye conditions, including cataracts, glaucoma, and diabetic retinopathy. Ophthalmic lasers can also be used to perform cosmetic procedures such as lasik surgery.
Diode Lasers:
Diode lasers are the most commonly used ophthalmic laser. It is a narrow beam of light that is produced by semiconductor materials and can only be absorbed by specific tissues. The laser wavelength ranges from 400 nm to 450 nm, with typical wavelengths being located around 445 nm. Diode lasers have different applications in medical field; it can treat skin lesions, remove warts, tattoo removal and reduce wrinkles.
Femtosecond Lasers:
Femtosecond lasers are ultrafast laser systems that operate at a wavelength of 515 nm and have been used in ophthalmic surgeries. The major advantage of femtosecond lasers is that they can perform surgery with high precision, without cutting the tissues or damaging the cells. This has increased its preference among surgeons as well as patients.
Application Insights:
Based on application, the global ophthalmic lasers market is segmented into hospitals, ambulatory surgical centers, and ophthalmic clinics. The hospital segment dominated the market in 2017 owing to increasing prevalence of chronic diseases such as diabetes and cardiac disorders that require regular check-ups at hospitals. In addition, growing investments by governments in building modern healthcare facilities at a national level are expected to boost product demand over the forecast period.
The use of these devices for treating diabetic retinopathy is anticipated to increase during the forecast period due to high demand for laser therapy among patients with diabetes mellitus who seek treatment outside India where this modality of treatment is not available due to lack of infrastructure and availability of advanced equipment such as SLT machines in low cost settings will further propel growth over next eight years.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of a large number of players, high adoption rate of advanced technologies, and increasing demand for cosmetic surgery. The region is expected to maintain its dominance over the forecast period due to factors such as favorable reimbursement policies and growing geriatric population prone to cataract formation.
Asia Pacific is anticipated to be one of the fastest-growing regions during the forecast period owing with increasing medical tourism in countries such as India & China. Growing awareness regarding ophthalmic disorders among people, rising healthcare expenditure by governments & private agencies, and availability of cost-effective treatment are some other factors driving growth in this region. Moreover Lasik surgical procedures have become more affordable with an increase in economic development especially after 2010 when international prices decreased significantly due to shortage caused by natural disasters (Tsunami)in Asia Pacific countries which makes it more accessible for common mass thus boosting growth over last few years (2016 - 2017).
Growth Factors:
- Increasing prevalence of eye disorders and blindness is expected to drive the demand for ophthalmic lasers in the coming years.
- Rising awareness about the benefits of laser surgery is anticipated to boost the growth of this market over the forecast period.
- Technological advancements in ophthalmic lasers are projected to create new opportunities for players operating in this market during the forecast period.
- Growing demand for minimally invasive procedures is expected to propel the growth of ophthalmic lasers market in near future.
Scope Of The Report
Report Attributes
Report Details
Report Title
Ophthalmic Lasers Market Research Report
By Type
Diode Lasers, Femtosecond Lasers, Excimer Lasers, Nd:YAG Lasers, Argon Lasers, SLT Lasers
By Application
Hospitals, Ambulatory Surgical Centers, Ophthalmic Clinics
By Companies
Abbott Laboratories, Carl Zeiss, Ellex Medical Lasers, IRIDEX Corporation, Lumenis Ltd., Nidek, Novartis AG, Quantel Group, Topcon Corporation, Valeant Pharmaceuticals International, Inc, Ziemer Ophthalmic Systems AG
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
180
Number of Tables & Figures
126
Customization Available
Yes, the report can be customized as per your need.
Global Ophthalmic Lasers Market Report Segments:
The global Ophthalmic Lasers market is segmented on the basis of:
Types
Diode Lasers, Femtosecond Lasers, Excimer Lasers, Nd:YAG Lasers, Argon Lasers, SLT Lasers
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals, Ambulatory Surgical Centers, Ophthalmic Clinics
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Abbott Laboratories
- Carl Zeiss
- Ellex Medical Lasers
- IRIDEX Corporation
- Lumenis Ltd.
- Nidek
- Novartis AG
- Quantel Group
- Topcon Corporation
- Valeant Pharmaceuticals International, Inc
- Ziemer Ophthalmic Systems AG
Highlights of The Ophthalmic Lasers Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Diode Lasers
- Femtosecond Lasers
- Excimer Lasers
- Nd:YAG Lasers
- Argon Lasers
- SLT Lasers
- By Application:
- Hospitals
- Ambulatory Surgical Centers
- Ophthalmic Clinics
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Ophthalmic Lasers Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Ophthalmic lasers are a type of laser used to treat eye conditions. They use a focused beam of light to destroy the tissue that is causing the problem.
Some of the key players operating in the ophthalmic lasers market are Abbott Laboratories, Carl Zeiss, Ellex Medical Lasers, IRIDEX Corporation, Lumenis Ltd., Nidek, Novartis AG, Quantel Group, Topcon Corporation, Valeant Pharmaceuticals International, Inc, Ziemer Ophthalmic Systems AG.
The ophthalmic lasers market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Ophthalmic Lasers Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Ophthalmic Lasers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Ophthalmic Lasers Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Ophthalmic Lasers Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Ophthalmic Lasers Market Size & Forecast, 2018-2028
4.5.1 Ophthalmic Lasers Market Size and Y-o-Y Growth
4.5.2 Ophthalmic Lasers Market Absolute $ Opportunity
Chapter 5 Global Ophthalmic Lasers Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Ophthalmic Lasers Market Size Forecast by Type
5.2.1 Diode Lasers
5.2.2 Femtosecond Lasers
5.2.3 Excimer Lasers
5.2.4 Nd:YAG Lasers
5.2.5 Argon Lasers
5.2.6 SLT Lasers
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Ophthalmic Lasers Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Ophthalmic Lasers Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Ambulatory Surgical Centers
6.2.3 Ophthalmic Clinics
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Ophthalmic Lasers Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Ophthalmic Lasers Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Ophthalmic Lasers Analysis and Forecast
9.1 Introduction
9.2 North America Ophthalmic Lasers Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Ophthalmic Lasers Market Size Forecast by Type
9.6.1 Diode Lasers
9.6.2 Femtosecond Lasers
9.6.3 Excimer Lasers
9.6.4 Nd:YAG Lasers
9.6.5 Argon Lasers
9.6.6 SLT Lasers
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Ophthalmic Lasers Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Ambulatory Surgical Centers
9.10.3 Ophthalmic Clinics
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Ophthalmic Lasers Analysis and Forecast
10.1 Introduction
10.2 Europe Ophthalmic Lasers Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Ophthalmic Lasers Market Size Forecast by Type
10.6.1 Diode Lasers
10.6.2 Femtosecond Lasers
10.6.3 Excimer Lasers
10.6.4 Nd:YAG Lasers
10.6.5 Argon Lasers
10.6.6 SLT Lasers
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Ophthalmic Lasers Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Ambulatory Surgical Centers
10.10.3 Ophthalmic Clinics
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Ophthalmic Lasers Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Ophthalmic Lasers Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Ophthalmic Lasers Market Size Forecast by Type
11.6.1 Diode Lasers
11.6.2 Femtosecond Lasers
11.6.3 Excimer Lasers
11.6.4 Nd:YAG Lasers
11.6.5 Argon Lasers
11.6.6 SLT Lasers
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Ophthalmic Lasers Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Ambulatory Surgical Centers
11.10.3 Ophthalmic Clinics
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Ophthalmic Lasers Analysis and Forecast
12.1 Introduction
12.2 Latin America Ophthalmic Lasers Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Ophthalmic Lasers Market Size Forecast by Type
12.6.1 Diode Lasers
12.6.2 Femtosecond Lasers
12.6.3 Excimer Lasers
12.6.4 Nd:YAG Lasers
12.6.5 Argon Lasers
12.6.6 SLT Lasers
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Ophthalmic Lasers Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Ambulatory Surgical Centers
12.10.3 Ophthalmic Clinics
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Ophthalmic Lasers Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Ophthalmic Lasers Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Ophthalmic Lasers Market Size Forecast by Type
13.6.1 Diode Lasers
13.6.2 Femtosecond Lasers
13.6.3 Excimer Lasers
13.6.4 Nd:YAG Lasers
13.6.5 Argon Lasers
13.6.6 SLT Lasers
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Ophthalmic Lasers Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Ambulatory Surgical Centers
13.10.3 Ophthalmic Clinics
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Ophthalmic Lasers Market: Competitive Dashboard
14.2 Global Ophthalmic Lasers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Abbott Laboratories
14.3.2 Carl Zeiss
14.3.3 Ellex Medical Lasers
14.3.4 IRIDEX Corporation
14.3.5 Lumenis Ltd.
14.3.6 Nidek
14.3.7 Novartis AG
14.3.8 Quantel Group
14.3.9 Topcon Corporation
14.3.10 Valeant Pharmaceuticals International, Inc
14.3.11 Ziemer Ophthalmic Systems AG
