San Francisco, 13 December 2018,
Ophthalmic Lasers Market Analysis
By Product (Diode, Femtosecond, Excimer, Nd:YAG, SLT), By Application
(Glaucoma, Cataract Removal, Diabetic Retinopathy, AMD), By End-use, And
Segment Forecasts, 2018 - 2025
The global ophthalmic lasers market is anticipated to reach
USD 1.6 billion by 2025, according to a new report by Grand View Research, Inc.
Ophthalmic disorders are rising significantly on a global level. This rise in
the prevalence rate has led to high growth of ophthalmic lasers market.
According to American Academy
of Ophthalmology 2014 statistics, nearly 4.2 million people in the U.S. are
visually impaired. Huge number of people suffering from visual impairment are
likely to heighten the demand for ophthalmic lasers in the coming years.
Vision loss is a serious
problem among people suffering from glaucoma, cataract, age-related macular
degeneration (AMD), and diabetic retinopathy. This commonly occurs among the
geriatric population. American Academy of Ophthalmology stated that, around 1.3
million U.S. population are blind. Hence, in order to minimize such huge rate
of vision loss, there is a high need for the application of ophthalmic laser
technology.
Geriatric population are the
primary target for the market. Majority of the chronic ophthalmic disorders,
for instance, cataract and AMD occur among this group of population. However,
refractive errors are also very common among the young people. Thus, growing
number of victims of chronic eye diseases has led to an expected growth of the
market.
Access Full Research
Report On Ophthalmic Lasers Market Analysis:
Further key findings from the study suggest:
·
In 2016, femtosecond lasers
dominated the market due to rising prevalence of refractive errors among both
geriatric and young population
·
Amongst the application
segment, refractive error corrections held the largest market share in 2016 due
to large number of surgeries conducted for refractive errors
·
Cataract removal is anticipated
to show lucrative growth over the forecast period owing to the rising
prevalence of cataract removal surgeries among the geriatric people
·
In 2016, hospitals contributed
towards the largest revenue share owing to the emergence of large number of
hospitals in developing economies
·
North America dominated the
market in 2016 due to rising prevalence of ophthalmic disorders in this region
·
Asia Pacific is expected to
show lucrative growth over the forecast period owing to the increase in
awareness levels among people in developing countries about various treatments
for chronic eye disorders
·
Few major companies include
Carl Zeiss Meditec AG, Abbott Medical Optics, Inc., Alcon Laboratories, Inc.,
Ellex Medical Lasers Limited, Lumenis, and Bausch & Lomb Incorporated.
Browse More Reports Of This Category By
Grand View Research At: www.grandviewresearch.com/industry/medical-devices
Grand View Research has segmented the
ophthalmic lasers market on the basis of product, application, end-use, and
region:
Ophthalmic Lasers Product
Outlook (Revenue, USD Million, 2014 - 2025)
·
Diode Lasers
·
Femtosecond Lasers
·
Excimer Lasers
·
Nd:YAG lasers
·
SLT Lasers
·
Others
Ophthalmic Lasers Application
Outlook (Revenue, USD Million, 2014 - 2025)
·
Glaucoma
·
Cataract Removal
·
Refractive Error Corrections
·
Diabetic Retinopathy
·
AMD
·
Others
Ophthalmic Lasers End-use
Outlook (Revenue, USD Million, 2014 - 2025)
·
Hospitals
·
Ambulatory Surgical Centers
·
Ophthalmic Clinics
Ophthalmic Lasers Regional
Outlook (Revenue, USD Million, 2014 - 2025)
·
North America
o
U.S.
o
Canada
·
Europe
o
Germany
o
UK
·
Asia Pacific
o
Japan
o
China
o
India
·
Latin America
o
Brazil
o
Mexico
·
MEA
o
South Africa
Access Full Press Release of this Report:
www.grandviewresearch.com/press-release/global-ophthalmic-lasers-market
www.grandviewresearch.com/press-release/global-ophthalmic-lasers-market
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and
consulting company, registered in the State of California and headquartered in
San Francisco. The company provides syndicated research reports, customized
research reports, and consulting services. To help clients make informed
business decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.
For more information: www.grandviewresearch.com/
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