Ophthalmic Lasers Market Product Overview, Share by Types and Region till 2025

Posted on 2021-08-11 by researchinsights in Healthcare // 0 Comments

San Jose, California , USA, Aug 11, 2021 — /EPR Network/ —

The Ophthalmic Lasers Market report provides a detailed evaluation of the industry by highlighting information on different aspects which include drivers, restraints, growth opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing. It also provides a detailed analysis of global market size, regional and country-level market size, competitive landscape, impact of domestic market players and value chain optimization. Furthermore, it sheds light on the market contribution, recent developments and successful marketing strategies of leading companies.

Market Insights

The global ophthalmic lasers market size was worth USD 1.0 billion in 2016, which is anticipated to grow at a CAGR of more than 5.9% during the forecast period. Increase in incidence of chronic ophthalmic disorders is the major driving factor contributing to the growth of ophthalmic lasers market.

There is a rise in prevalence of ophthalmic disorders such as glaucoma, cataract, refractive errors, Age Related Macular Degeneration (AMD), retinal disorders and diabetic retinopathy. According to American Academy of Ophthalmology in 2014, 60.5 million people were estimated to be suffering from glaucoma globally. According to WHO, glaucoma is the second major cause of blindness in the world.

Request a Sample Copy of Ophthalmic Lasers Market Report @ https://www.millioninsights.com/industry-reports/ophthalmic-lasers-market/request-sample

Drivers

Increase in geriatric population is another key factor driving the growth of the market. This group of population is generally affected by various eye disorders. The most common eye disorders for this group are cataract and hyperopia.

Ophthalmic Lasers Product Outlook (Revenue, USD Million, 2014 – 2025)

Diode Lasers
Femtosecond Lasers
Excimer Lasers
Nd:YAG lasers
SLT Lasers
Others

Ophthalmic Lasers Application Outlook (Revenue, USD Million, 2014 – 2025)

Glaucoma
Cataract Removal
Refractive Error Corrections
Diabetic Retinopathy
AMD
Others

Ophthalmic Lasers End-use Outlook (Revenue, USD Million, 2014 – 2025)

Hospitals
Ambulatory Surgical Centers
Ophthalmic Clinics

Top Players Analysis covered in these report

Alcon Laboratories
Carl Zeiss Meditec AG
Ellex Medical Lasers Limited
Abbott Medical Optics
Topcon Corporation
IRIDEX Corporation
Lumenis and many others

Access Ophthalmic Lasers Market Report with TOC @ https://www.millioninsights.com/industry-reports/ophthalmic-lasers-market

Regional Insights:

North America dominated the market in 2016 due to the rising healthcare expenditure and development of healthcare infrastructure in the US. The rising incidence of diabetes in America also contributes to the growth of ophthalmic disorders which in turn is anticipated to flourish the regional market.

Europe also contributes to a significant share of the market in 2016, due to the increase in geriatric population. Increase in ophthalmic disorders among this population group is expected to support the regional market growth.

Asia Pacific is expected to show an attractive growth over the forecast period due to increase in healthcare expenditure in developing countries such as India and China. The increase in prevalence of cataract removal surgeries boosts the market growth. Moreover, increasing awareness level among people for prevention of blindness also contributes to the growth of this market.

Visit Our Blog: https://marketreportsassistance.wordpress.com

Get in touch

At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions.

Matched content

Editor’s pick