Ophthalmic Lasers Market Insights:
The Ophthalmic Lasers Market size was valued at USD 1324.01 Million in 2022, expecting a CAGR of 4.68% during the forecast period (2023-2030), and the market is projected to be worth USD 1908.98 Million by 2030.
Driver:
The increased adoption of Ophthalmic Lasers in the Medical Devices industry is due to high workability, Stability of structure, good quality, and Demand for making things better. The demand for Ophthalmic Lasers also has other significant aspects, such as analysis, purchasing volume, costs, pricing analysis, and regulatory framework. Additionally, the increased demand of Ophthalmic Lasers in many sectors also boosts the market growth during the forecast period.
Ophthalmic lasers are medical devices used to treat a variety of eye conditions and disorders, including retinal diseases, glaucoma, and cataracts. These lasers use highly concentrated beams of light to treat specific areas of the eye, while minimizing damage to surrounding tissues. Ophthalmic lasers are often used in conjunction with other medical devices and surgical techniques to treat eye conditions and disorders.
Ophthalmic Lasers Market Research Report” was just released by Market Research Community. It is divided into several categories, including By Type (Photodisruption Lasers, Selective Laser Trabeculoplasty (SLT), Photocoagulation Lasers), By Product (Femtosecond Lasers, Excimer Lasers, Nd:YAG Lasers, Diode Lasers, Others), By Application (Refractive Error, Cataract Surgery, Glaucoma Surgery, Other), By End Use (Hospitals, Ambulatory Service Centers, Eye Clinics), and companies (Lumenis Be Ltd., Lumibird Group, NIDEK CO., LTD, Novartis International AG, Topcon Corporation, Ziemer Ophthalmic Systems AG, Carl-Zeiss-Stiftung, Iridex Corporation, JOHNSON & JOHNSON, LightMed Corporation), According to the analysis of Market Research Community, The market is projected to grow at a significant pace reaching a CAGR of approximately 4.68%, over the forecast period of 2023–2030.
Report Coverage:
| Report Attributes | Report Details |
| Study Timeline | 2017-2030 |
| Market Size in 2030 (USD Million) | 1908.98 Million |
| CAGR (2023-2030) | 4.68% |
| By Type | Photodisruption Lasers, Selective Laser Trabeculoplasty (SLT), Photocoagulation Lasers |
| By Product | Femtosecond Lasers, Excimer Lasers, Nd:YAG Lasers, Diode Lasers, Others |
| By Application | Refractive Error, Cataract Surgery, Glaucoma Surgery, Other |
| By End Use | Hospitals, Ambulatory Service Centers, Eye Clinics |
| By Geography | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Key Players | Lumenis Be Ltd., Lumibird Group, NIDEK CO., LTD, Novartis International AG, Topcon Corporation, Ziemer Ophthalmic Systems AG, Carl-Zeiss-Stiftung, Iridex Corporation, JOHNSON & JOHNSON, LightMed Corporation |
Covid-19 Impact:
The COVID-19 pandemic has had a substantial negative influence on the Ophthalmic Lasers market in many different regions of the world. The factors such as limited availability of raw materials, transportation restrictions, the shutdown of manufacturing facilities, and economic slowdown are the major impacts of COVID-19 which hampered the market growth. Shipments were impacted during the initial lockdown due to halted automotive productions and stringent government rules. The overall impact of COVID-19 on the industry is estimated to be minimal because the situation has stabilised. Post covid-19, there was a positive impact on the market growth due to the increased industrial manufacturing processes and rising demand for environment-friendly alternatives.
Industry Competitive Landscape:
The research includes comprehensive profiles of the key players in the market and an analysis of the competitive landscape. The market for sample preparation has grown more quickly as a result of the spike in research and development (R&D), product innovation, different business strategies, and application releases. Key players in the market include-
Lumenis Be Ltd., Lumibird Group, NIDEK CO., LTD, Novartis International AG, Topcon Corporation, Ziemer Ophthalmic Systems AG, Carl-Zeiss-Stiftung, Iridex Corporation, JOHNSON & JOHNSON, LightMed Corporation
Market Segment Analysis:
By Type
- Photodisruption Lasers
- Selective Laser Trabeculoplasty (SLT
- Photocoagulation Lasers
By Product
- Femtosecond Lasers
- Excimer Lasers
- Nd:YAG Lasers
- Diode Lasers
- Others
By Application
- Refractive Error
- Cataract Surgery
- Glaucoma Surgery
- Others
By End Use
- Hospitals
- Ambulatory Service Centers
- Eye Clinics
Region
The regional segment includes Asia Pacific, Europe, North America, the Middle East, and Africa, Latin America. In 2022, some of these regions expected to contribute the largest share during the forecast period.
The factors such as the large and easy availability of basic things, rising purchasing power among the population, and favorable government policies and industrial facilities are estimated to accelerate the industry growth in the region. The growing rate of industrialization is anticipated to boost the presence of Ophthalmic Lasers industries in the region.
Key Ophthalmic Lasers Market Trends
– Based on type, sub-type, technology utilised, applications, end-users, and geographies, the research identifies, defines, and predicts the Global Ophthalmic Lasers Market segments.
– Largest Market Share Held by Industry to Industry for Ophthalmic Lasers
– Based on their expected growth, development patterns and prospects for the future, and contributions to the overall market, it analyses the micro markets.
– Demand from the geographical area is estimated to boost growth.
– Growing Market Segment Adoption in the Ophthalmic Lasers Industry
– Over the forecast period, higher growth rates are anticipated in in some regions
Why Purchase the Industry Report by MRC
There is a huge amount of information in the report, including market trends and business opportunities for the forecast period.
Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) statistics.
Data at the regional, sub-regional, and national levels also includes information on the market’s supply and demand dynamics.
The competitive landscape includes the proportions of important players, recent innovations, and strategy.
Comprehensive product offerings, important financial data, latest advancements, SWOT analysis, and key player tactics.
Table of Content
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