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 research report gives an entire study of the Ophthalmic Lasers Market leaders with key statistics like sales, revenue, price, product picture and specifications, contact information, cost, capacity, production and company profile. The report offers critical information at the state of the enterprise. Marketing channels and development trends of the market is also well-found inside the report, making it a valuable source of information and path for agencies and individuals.
Key Stakeholders:
- Raw material suppliers
- Distributors/traders/wholesalers/suppliers
- Regulatory bodies, including government agencies and NGO
- Commercial research and development (R&D) institutions
- Importers and exporters
- Government organizations, research organizations, and consulting firms
- Trade associations and industry bodies
- End-use industries
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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.
Leading Players operating in the Ophthalmic Lasers Market:
- IRIDEX Corporation
- Lumenis
- NIDEK CO., LTD.
- Carl Ziess Meditec AG
- Ellex Medical Lasers Ltd.
- TOPCON CORPORATION
- NoIR Laser Company, LLC
- Lumibird
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.
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Ophthalmic Lasers Market Segmentation:
By Type
- Excimer Lasers
- Femtosecond Lasers
- Nd Yag Lasers
- Diode Lasers
- Others
By Technology
- Photodisruption
- Selective Laser Trabeculoplasty
- Photocoagulation
By Application
- Cataract Treatment
- Glaucoma Treatment
- Refractive Errors Treatment
- Others
By End User
- Ophthalmic Laser Centers
- Hospitals· Others
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)
Reasons to Purchase this Report:
- Tracks the developments, such as new product launches, agreements, mergers and acquisitions, geographical expansions, and joint ventures.
- Comprehensive analysis of the Aesthetic Implants Market growth drivers, obstacles, opportunities, and other related challenges.
- Identifies market restraints and boosters.
- Identifies all the possible segments present in the market to aid organizations in strategic business planning.
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