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Ophthalmic Lasers Market Regional Trend & Growth Projections 2027
Ophthalmic Lasers Market To
Reach USD 1.55 Billion By 2026 |
Abbott Medical Optics, Johnson
and Johnson, Alcon Laboratories
www.reportsanddat
a.com
Market Summary
Increased incidence of ocular disorders, rising
occurrence of chronic disorders, continuous
authorizations and approvals and favorable
initiatives to minimize vision impairment are key
factors contributing to high CAGR of ophthalmic
lasers market during the forecast period.
Market Size – USD 1.05 Billion in 2018, Market
Growth - CAGR of 4.9%, Market Trends– The advent
of femtosecond lasers and recent technical
innovations in ophthalmic lasers.
M a Orkuetr S Aumpmparroyach
The global ophthalmic lasers market was valued at USD 1.05 billion by the year 2018 and is expected to reach USD
1.55 billion in the year 2026, at a CAGR of 4.9%. Lasers have become a factor of a necessity for ophthalmologists.
These provide proper treatment of various eye disorders with fewer chances of infection. The lasers depend on the
radioactive material; it cures diabetic retinopathy as the blue, green wavelengths are formed, and the cells absorb
the wavelengths below the retina and the hemoglobin itself. It avoids the leakage caused in the blood vessels.
Retinal photocoagulation is the first clinical laser application. According to the recent survey conducted, around 285
million people are visually blind. 43% of the population have refractive errors, and 51% (including the 50 above
population) suffer from cataract. Latest therapies in the market involves the scatter laser treatment, used to cure
the slow progression of diabetic retinopathy and also in patients suffering from the successive loss of vision with
non-high risk Proliferative Diabetic Retinopathy and Non-proliferative Diabetic Retinopathy.
The drivers responsible for the growth of the ophthalmic laser market is the increased population incidence of eye
disorders, the rise in obese and geriatric population, maximum capabilities to bring visual impairment under
control, upcoming technological innovations and legal approvals for ophthalmic lasers.
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M a r kOeut Sru Ampmparyoach
Further key findings from the report suggest
• North America had obtained a market share of 34.5% and a market revenue of USD 361.2 in 2018.
Increased incidence of chronic diseases, high occurrence of eye disorders, and continuous
registration and approvals.
• According to the forecast period, the femtosecond lasers is planning to reach USD 691.6 million by
2026 due to the widespread presence of refractive errors and cataract, increasing the administered
use of femtosecond lasers and technological innovations in the lasers itself.
• The hospital segment is going to project the largest share of the market due to new forefront
technology in machines and devices and progressive growth of hospitals in upcoming segments.
• Asia Pacific is bound to show positive growth with a CAGR of 6.0% in 2026 due to the sudden
increase in optic diseases, advancements in projects related to treatment.
To identify the key trends in the industry, click on the link below @
https://www.reportsanddata.com/report-detail/ophthalmic-lasers-market
M a r kOeut Sru Ampmparyoach
Key participants : Abbott Medical Optics, Inc., Johnson and Johnson (USA), Alcon Laboratories
(Switzerland), Bausch and Lomb (United States), Ellex Medical Lasers Limited (Australia), Lumenis Ltd.,
Nidek Company (Japan) and IRIDEX Corporation (U.S.), Carl Zeiss Meditec, Ziemer.
For the purpose of this report, Reports and Data has segmented the ophthalmic lasers market on the
basis of products, application, end use and region wise segmentation.
Product Outlook (Revenue in Million USD; 2016–2026)
Diode lasers
Excimer lasers
Femtosecond lasers
Nd: YAG lasers
Others
M a rOkeut rSu Ampmparyoach
Application Outlook (Revenue in Million USD; 2016–2026)
Age related macular degeneration treatment
Cataract treatment
Glaucoma treatment
Refractive eye surgery
Diabetic Retinopathy Treatment
Other Applications
End Use Outlook (Revenue in Million USD; 2016–2026)
Hospital
Eye clinics
Ambulatory surgery centers
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About Us
A b oOuutr U Aspproach
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