Ophthalmic Lasers Market Share, Competitive Landscape, Market Analysis, Segmentation and Trends 2027
Market Highlights:
Ophthalmology is a branch of medical science which deals
with the diagnosis, treatment, and prevention of eye disorders. Ophthalmic
disorders are common in developed countries due to changing lifestyle. The
technological advancement, increasing prevalence of ophthalmic disorders, a
growing number of chronic diseases, and rising geriatric population are the
major factors driving the growth of the global Ophthalmic Lasers Market Share.
Additionally, increasing R&D spending and aggressive strategies adopted by
the top players, such as new product launches, are contributing to the growth
of the market. For instance, in June 2018, Carl Zeiss Meditec AG has launched
next-generation VISULAS green photocoagulation laser in the Ophthalmic Lasers
Market Share, this innovative product can be used for the treatment of diabetic
retinopathy and age-related macular degeneration disorders.
The high costs associated with ophthalmic procedures, rising
prices of ophthalmic lasers products, and scarcity of technicians to handle
ophthalmic devices are likely to hinder market growth during the forecast
period.
Regional Analysis:
The market in the Americas is expected to dominate the
global Ophthalmic
Lasers Market Share during the forecast period owing to the increasing
prevalence of chronic diseases, a growing geriatric population which is
suffering from ophthalmic disorders, technological advancements in the
healthcare sector, and favorable reimbursement policies in the region. The
European market is expected to be the second-largest due to the increasing
ophthalmic surgeries in the region, the high adoption rate of innovative
technology, and development in the healthcare sector. Moreover, the market in
Asia-Pacific is anticipated to be the fastest-growing during the forecast
period owing to the increasing population, the rising prevalence of chronic
diseases and rising healthcare investment. The market in the Middle East &
Africa is likely to account for the smallest share of the global Ophthalmic
Lasers Market Share.
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Segmentation:
The global Ophthalmic Lasers Market Share has been segmented
on the basis of product, application, and end-user.
The market, by product, has been classified as excimer
lasers, femtosecond lasers, diode lasers, SLT laser, ND:Yag lasers, and others
On the basis of application, the market has been segregated
into refractive error correction, cataract surgery, diabetic retinopathy,
glaucoma surgery, age-related macular degeneration (AMD)treatment, and others.
The end-user segment has been segmented into hospitals,
specialty clinics, ambulatory surgical centers, and others.
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Key Players:
Some of the key players in the global Ophthalmic Lasers
Market Share are Carl Zeiss Meditec AG, Alcon Laboratories, Inc., Abbott
Medical Optics, Inc., Bausch & Lomb Incorporated, Ocular Instruments,
Quantel Inc., Ellex Medical Lasers Limited, Topcon Corporation, Ziemer
Ophthalmic Systems AG, Iridex Corporation, Nidek Co., Limited, Lightmed USA,
and Lumenis Ltd.
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