—
The global ophthalmic lasers market reflects an impressive growth owing to the growing prevalence of refractive errors across the world. The increasing incidence of ocular diseases, such as glaucoma, age-related macular degeneration, and refractive errors, is driving the ophthalmic laser market. As the drugs for treating ocular diseases is less, the demand for ophthalmic laser devices has come into existence.Excimer Lasers Gain an Upper Hand Over Other Laser Types
In 2018, the excimer lasers among other types of ophthalmic lasers covered 39.2% of the global market. These lasers are used for procedures such as refractive error correction. Recent technological advancements are expected to boost the segment growth during the forecast period. The demand for ophthalmic laser systems is likely to increase in hospitals, ophthalmic laser centers among others.
Browse Complete Report Details@ https://www.fortunebusinessinsights.com/industry-reports/ophthalmic-lasers-market-100952
Market Registers Growth in North America as Increasing Number of the Patients Opt for LASIK Surgery
North America is expected to grow at a considerable rate in the global ophthalmic lasers market during the forecast years. Moreover, the region was valued at US$ 139.3 Mn in the year 2018. People in the U.S. are increasingly undergoing LASIK surgeries owing to the rising awareness about ophthalmic laser safety. Furthermore, healthcare providers are rapidly adopting ophthalmic lasers in the U.S.
These factors are likely to enable growth in the market in North America.
The market in Asia Pacific is yet to achieve growth as a large pool of patients are still dependent on contact lenses and eyeglasses. However, with the rising developments in technology, the healthcare providers in countries such as China, India among others will adopt ophthalmology lasers.
By Application:
· Cataract Treatment
· Glaucoma Treatment
· Refractive Errors Treatment
By Geography:
· North America (the USA and Canada)
· Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
· Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
· Latin America (Brazil, Mexico and Rest of Latin America)
· Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)
Technological Advancements Such as Selective Laser Trabeculoplasty Propels Growth
The burgeoning population suffering from ocular diseases and technological advancements in ophthalmology are contributing to the growth of the market. “These technologies are expected to enhance the accuracy of ophthalmic laser treatment,” stated a lead analyst at Fortune Business Insights. Technologies such as Selective Laser Trabeculoplasty or SLT are used to reduce the eye pressure in glaucoma. Optical Coherence Tomography or OCT is an imaging technique used to identify retinal disorders using quantitative data.
The rising awareness about the early diagnosis and preventive medical care are factors presenting a large patient pool suffering from ocular diseases. Furthermore, people across the world are increasingly becoming aware of the laser treatment methods for cataract, refractive errors, and glaucoma. This is further expected to stimulate growth in the market over the forecast years.
Get Sample PDF Brochure@ https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/ophthalmic-lasers-market-100952
Carl Zeiss’s VisuMax Receives FDA Approval to Bring Innovation in Laser Eye Surgery
The global ophthalmic laser market is semi-consolidated with the presence of three leading players. These players include Lumenis, TOPCON CORPORATION, and Ellex Medical Lasers, Ltd. covered the maximum share in the year 2018. These players are well-recognized and have a robust distribution network in the medical laser segment. Such factors are responsible for the dominance of these players. Several companies are focusing on to launch new products in order to strengthen their distribution channel. For instance, Novartis AG (Alcon) announced FDA approval for LenSx in March 2018.
The report profiles some of the leading players functioning in the global ophthalmic laser market. These include IRIDEX Corporation, Ellex Medical Lasers Ltd., NIDEK CO., LTD., Lumibird, TOPCON CORPORATION, NoIR Laser Company, LLC, and Lumenis.
TABLE OF CONTENT:
1. Introduction
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology
1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
Contact Info:
Name: Mr. Ashwin Arora
Email: Send Email
Organization: Fortune Business Insights Pvt. Ltd.
Website: https://www.fortunebusinessinsights.com/
Release ID: 88910558
Google
RSS