The global femtosecond lasers for cataract surgery market will witness significant growth due to growing geriatric population. Cataracts are quite common in people above 65 years of age. Elders today are otherwise fit and active. Some even have extended careers. This is leading to higher demand for better, more effective surgical techniques for cataract. Femtosecond lasers for cataract greatly improve surgery quality.
Worldwide market was valued at USD 1 billion in 2013. It is expected to grow to USD 2.5 billion by 2019. Factors contributing to this growth include new market participants and rising demand for laser technology from patients. Surgeons too prefer femtosecond lasers owing to higher precision and better results.
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This procedure leads to superior image quality. It is greatly heartening for patients to get exceptional clarity in vision. This is creating new market opportunities across product and market segments for various players. High demand exists for multifocal and accommodating IOLs that are used to correct presbyopia. Other coveted products include aspheric optics that correct spherical aberration, making vision sharper, and phakic intraocular lenses (IOLs) that treat extreme refractive error.
Thus femtosecond lasers for cataracts are drastically altering the way cataracts are operated. Surgical processes in this technology are automated, hence more reliable and repeatable. Key manual steps of the surgery have become more precise due to Alcon LenSx femtosecond lasers. This is because the surgeons, aided by micron-level laser precision and micron-level laser precision, have complete control over the procedure, thus ensuring patient safety and higher success rate.
Ultrasonic phacoemulsification has been the standard in cataract removal equipment for the past four decades. It is anticipated to continue its leadership among lens removal technologies in the near future. Standards of precision and safety are being elevated by the upcoming laser-assisted cataract surgery which uses femtosecond and picoseconds lasers. Additionally, multiple types, sizes, attachment mechanisms and styles of IOLs are aiding growth.
Femtosecond laser for cataract surgery technology has been backed by results of clinical trials and research papers. There is statistical proof that this new technology has immense growth potential. Efficacy, accuracy and control offered by manual incision techniques are no match for those brought in by the femtosecond laser technology. Therefore, most surgeons are acquiring training in this sphere.
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- Novartis / Alcon
- AISIN / IMRA Femtolite F / H Family
- Calmar Laser
- Ophtec Artisan R
- Staar Surgical
- Valeant / Bausch & Lomb
- WaveTec Vision
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