Global Ophthalmic Laser Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
MarketResearch.biz delivers in-depth insights on the global ophthalmic market in its upcoming report titled, “Global Ophthalmic Laser Market Trends, Applications, Analysis, Growth, and Forecast to 2027”. The global ophthalmic laser market is estimated to register a CAGR of X.X% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the global ophthalmic laser market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report offers insightful and detailed information regarding the various key players operating in the global ophthalmic laser market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global ophthalmic laser market report has been segmented on the basis of application, end-user, and region.
Ophthalmology is a study of treatment of disorders or diseases related to eye. Technological advancements in the field of ophthalmology has made it easier for people to easily diagnose and treat eye related diseases. Ophthalmic laser provides treatment for a wide range of eye disorders with less risk of infection. The combination of high accuracy, and efficiency of ophthalmic lasers makes it a very useful ophthalmic tool.
Increasing incidence of eye related disorders especially among the geriatric population, and rising demand for minimally invasive surgeries are key factors driving growth of the global ophthalmic laser market. In addition, less amount of pain involved during surgeries, high accuracy attained by ophthalmic lasers during surgery, and fast recovery from surgery are some major factors anticipated to fuel growth to the global ophthalmic market over the forecast period.
However, high cost of treatment is a key factor restraining growth of the global ophthalmic laser market. Additionally, special training required to handle the equipment, and increasing number of complications post-surgery are some other factors expected to hamper growth of the global ophthalmic market over the forecast period.
North America is a dominant player in the global ophthalmic laser market and accounts for largest market share in terms of revenue as compared to that of markets in other regions. This can be attributed to well-developed healthcare industry, presence of leading medical laser manufacturers, and increase in number of patients suffering from eye disorders. Europe accounts for the second highest revenue share in the global ophthalmic laser market followed by markets in Latin America, Asia Pacific, and Middle East & Africa respectively. The market in Asia Pacific is projected to have the fastest growth in terms of revenue, owing to increase in number of patients suffering from eye diseases, and rise in government initiatives for the improvement of healthcare facilities in the region.
Global Ophthalmic Laser Market Segmentation:
Global ophthalmic laser market segmentation, by application:
- Diabetic Retinopathy
- Cataract Removal
- Refractive Error Corrections
Global ophthalmic laser market segmentation, by end-user:
- Ophthalmic Clinics
- Ambulatory Surgical Centers
Global ophthalmic laser market segmentation, by region:
- North America
- Asia Pacific
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- Ziemer Ophthalmic Systems AG
- Trimedyne, Inc.
- Topcon Corporation
- Nidek Co., ltd.
- Lynton lasers Ltd.
- SCHWIND eye-tech-solutions
- IRIDEX Corporation
- Carl Zeiss Meditec AG
- Abbott Laboratories Inc.
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