Femtosecond laser releases 10 to 15 pulses per second and with the use of passive mode locking technique it generates short pulses. This technique generates light pulses in short time such as for femtosecond or picosecond durations. Ophthalmologists largely use the femtosecond lasers as these devices avoid complex open surgery procedures and simplify them. This type of lasers are most commonly used in laser in situ keratomileusis (LASIK) for flap creation. Femtosecond lasers can also be used for cataract surgery, corneal refractive procedure, and full thickness and lamellar corneal transplantation. Moreover, using femtosecond laser, doctors can select the cutting position, angle, and diameter of the hinge, and also the flap thickness and diameter, which could help to obtain better flab stability and reduce clinical epithelial ingrowth. As per the Center for Disease Control and Prevention (CDC), 116 countries are affected by cataract and around 42 million people experienced sever vision loss and out of these cases 17 million were caused by cataract in 2014. In the same year, cataract was primarily responsible for blindness in 43.6% countries.
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Major players functioning in the global ophthalmic femtosecond lasers market include Newport Corporation, Alcon, Carl Zeiss Meditec, IMRA America, Inc., Abbott Medical Optics, Bausch & Lomb, and Ziemer Ophthalmic Systems.
Rise in the number of cataract cases and increasing geriatric population is expected to propel growth of the global ophthalmic femtosecond lasers market. For instance, in 2015, the CDC estimated that cataract affects around 20.5 million people in the U.S., particularly people of age 40 years and above.
According to the Centers of Disease Control and Prevention (CDC), in 2009, around 14 million people of age 12 and above were reported to have visual weakness described as distance visual acuity of 20/50 or worse in the U.S. Out of these 14 million, refractive correction could have enhanced vision of 11 million people. Moreover, around 2.7 million people over 40 years age are affected by Glaucoma in the U.S. Furthermore, in 2009, age-related macular degeneration (AMD) affected 9.1 million individuals in the U.S. and by age of 80, 1 out of 10 people suffer from late AMD in the U.S.
𝗖𝗵𝗿𝗶𝘀𝘁𝗺𝗮𝘀 𝗦𝗮𝗹𝗲 𝗜𝘀 𝗟𝗶𝘃𝗲!
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Factors such as lack of ophthalmologists is expected to hinder growth of the global ophthalmic femtosecond lasers market.
The global ophthalmic femtosecond lasers market is divide by application, end user, product type, and region
By End User:
Clinics and Ambulatory Surgery Centres (ASCs)
Consumables and accessories
Among regions, North America is expected to witness strong growth in the market of ophthalmic femtosecond lasers, owing to market players aggressively focusing on R&D, ingrained regulatory structure for regular approval of products, and availability of healthcare infrastructures.
Moreover, the Middle East, Latin America, and Africa are also expected to witness robust growth in the ophthalmic femtosecond lasers market, owing to affordable laser eye surgeries and flourishing medical tourism in these regions. Furthermore, Asia pacific is also expected to witness significant growth, particularly in China in the ophthalmic femtosecond lasers market.
In September 2019, SCHWIND eye-tech-solutions GmbH & Co. KG, launched Schwind ATOS, which is a new femtosecond laser that comes with smartsight procedure.
In 2018, the U.S. FDA granted 510(k) clearance to Alcon for its new technology improvement LenSx Laser to indicate intracorneal rings and pockets for presbyopia-correcting inlays.
In 2014, Abbott Laboratories completed the acquisition of an ophthalmic device company, OptiMedica Corporation, for the expansion its portfolio of femtosecond laser-based cataract surgery.
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Table of Content
Chapter 1 Industry Overview
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Global Ophthalmic Femtosecond Lasers Market Size Analysis from 2021 to 2027
11.6 COVID-19 Outbreak: Ophthalmic Femtosecond Lasers Industry Impact
Chapter 2 Global Ophthalmic Femtosecond Lasers Competition by Types, Applications, and Top Regions and Countries
2.1 Global Ophthalmic Femtosecond Lasers (Volume and Value) by Type
2.3 Global Ophthalmic Femtosecond Lasers (Volume and Value) by Regions
Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis
Chapter 4 Global Ophthalmic Femtosecond Lasers Sales, Consumption, Export, Import by Regions (2016-2021)
Chapter 5 North America Ophthalmic Femtosecond Lasers Market Analysis
Chapter 6 East Asia Ophthalmic Femtosecond Lasers Market Analysis
Chapter 7 Europe Ophthalmic Femtosecond Lasers Market Analysis
Chapter 8 South Asia Ophthalmic Femtosecond Lasers Market Analysis
Chapter 9 Southeast Asia Ophthalmic Femtosecond Lasers Market Analysis
Chapter 10 Middle East Ophthalmic Femtosecond Lasers Market Analysis
Chapter 11 Africa Ophthalmic Femtosecond Lasers Market Analysis
Chapter 12 Oceania Ophthalmic Femtosecond Lasers Market Analysis
Chapter 13 South America Ophthalmic Femtosecond Lasers Market Analysis
Chapter 14 Company Profiles and Key Figures in Ophthalmic Femtosecond Lasers Business
Chapter 15 Global Ophthalmic Femtosecond Lasers Market Forecast (2021-2027)
Chapter 16 Conclusions
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