Ophthalmic Lasers Market: Information by Product (Excimer Lasers, Excimer Lasers, Diode Lasers, and Others), Application (Refractive Error Correction, Cataract surgery, and Others), End User (Specialty Clinics, and Others) - Forecast till 2027
ID: MRFR/MED/5414-HCR | February 2021 | Region: Global | 85 Pages
Table of Contents:
Chapter 1. Report Prologue
Chapter 2. Market Introduction
2.1 Definition
2.2 Scope of the Study
2.2.1Research Objective
2.2.2Assumptions
2.2.3 Limitations
Chapter 3. Research Methodology
3.1 Introduction
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
Chapter 4. Market Dynamics
4.1 Drivers
4.2 Restraints
4.3 Opportunities
4.4 Challenges
4.5 Macroeconomic Indicators
4.6 Technology Trends & Assessment
Chapter 5. Market Factor Analysis
5.1 Porter’s Five Forces Analysis
5.1.1Bargaining Power of Suppliers
5.1.2Bargaining Power of Buyers
5.1.3Threat of New Entrants
5.1.4Threat of Substitutes
5.1.5Intensity of Rivalry
5.2 Value Chain Analysis
5.3 Investment Feasibility Analysis
5.4 Pricing Analysis
Chapter 6. Global Ophthalmic Lasers Market, by Product
6.1 Introduction
6.2 Excimer Lasers
Market Estimates & Forecast, by Region, 2020-2027
Market Estimates & Forecast, by Country, 2020-2027
6.3 Femtosecond Lasers
Market Estimates & Forecast, by Region, 2020-2027
Market Estimates & Forecast, by Country, 2020-2027
6.4 Diode Lasers
Market Estimates & Forecast, by Region, 2020-2027
Market Estimates & Forecast, by Country, 2020-2027
6.5 Selective Laser Trabeculoplasty (SLT) Laser
Market Estimates & Forecast, by Region, 2020-2027
Market Estimates & Forecast, by Country, 2020-2027
6.6 ND:Yag Lasers
Market Estimates & Forecast, by Region, 2020-2027
Market Estimates & Forecast, by Country, 2020-2027
6.7 Others
Market Estimates & Forecast, by Region, 2020-2027
Market Estimates & Forecast, by Country, 2020-2027
Chapter 7. Global Ophthalmic Lasers Market, by Application
7.1 Introduction
7.2 Refractive Error Correction
Market Estimates & Forecast, by Region, 2020-2027
Market Estimates & Forecast, by Country, 2020-2027
7.3 Refractive Error Correction
Market Estimates & Forecast, by Region, 2020-2027
Market Estimates & Forecast, by Country, 2020-2027
7.4 Diabetic Retinopathy
Market Estimates & Forecast, by Region, 2020-2027
Market Estimates & Forecast, by Country, 2020-2027
7.5 Glaucoma Surgery
Market Estimates & Forecast, by Region, 2020-2027
Market Estimates & Forecast, by Country, 2020-2027
7.6 Age-Related Macular Degeneration (AMD) Treatment
Market Estimates & Forecast, by Region, 2020-2027
Market Estimates & Forecast, by Country, 2020-2027
7.7 Others
Market Estimates & Forecast, by Region, 2020-2027
Market Estimates & Forecast, by Country, 2020-2027
Chapter 8. Global Ophthalmic Lasers Market, by End User
8.1 Introduction
8.2 Hospitals
Market Estimates & Forecast, by Region, 2020-2027
Market Estimates & Forecast, by Country, 2020-2027
8.3 Specialty Clinics
Market Estimates & Forecast, by Region, 2020-2027
Market Estimates & Forecast, by Country, 2020-2027
8.4 Ambulatory Surgical Centers
Market Estimates & Forecast, by Region, 2020-2027
Market Estimates & Forecast, by Country, 2020-2027
8.5 Others
Market Estimates & Forecast, by Region, 2020-2027
Market Estimates & Forecast, by Country, 2020-2027
Chapter 9. Global Ophthalmic Lasers Market, by Region
9.1 Introduction
9.2 Americas
9.2.1North America
9.2.1.1US
9.2.1.2Canada
9.2.2South America
9.3 Europe
9.3.1Western Europe
9.3.1.1Germany
9.3.1.2France
9.3.1.3Italy
9.3.1.4 Spain
9.3.1.5 UK
9.3.1.6Rest of Western Europe
9.3.2Eastern Europe
9.4 Asia-Pacific
9.4.1 Japan
9.4.2China
9.4.3 India
9.4.4 Australia
9.4.5South Korea
9.4.6Rest of Asia-Pacific
9.5 Middle East & Africa
9.5.1 Middle East
9.5.2 Africa
Chapter 10. Company Landscape
10.1 Introduction
10.2 Market Share Analysis
10.3 Key Development & Strategies
Chapter 11. Company Profiles
11.1 Alcon Laboratories, Inc.
11.1.1 Company Overview
11.1.2 Product Overview
11.1.3 Financials Overview
11.1.4 Key Developments
11.1.5 SWOT Analysis
11.2 Abbott Medical Optics, Inc.
11.2.1 Company Overview
11.2.2 Product Overview
11.2.3 Financial Overview
11.2.4 Key Developments
11.2.5 SWOT Analysis
11.3 Carl Zeiss Meditec AG
11.3.1 Company Overview
11.3.2 Product Overview
11.3.3 Financial Overview
11.3.4 Key Development
11.3.5 SWOT Analysis
11.4 Bausch & Lomb Incorporated
11.4.1 Company Overview
11.4.2 Technology/Business Segment Overview
11.4.3 Financial Overview
11.4.4 Key Development
11.4.5 SWOT Analysis
11.5 Quantel Inc.
11.5.1 Company Overview
11.5.2 Product Overview
11.5.3 Financial overview
11.5.4 Key Developments
11.5.5 SWOT Analysis
11.6 Ellex Medical Lasers Limited
11.6.1 Company Overview
11.6.2 Product Overview
11.6.3 Financial Overview
11.6.4 Key Developments
11.6.5 SWOT Analysis
11.7 Ocular Instruments
11.7.1 Overview
11.7.2 Product Overview
11.7.3 Financial Overview
11.7.4 Key Developments
11.7.5 SWOT Analysis
11.8 Topcon Corporation
11.8.1 Overview
11.8.2 Product/ Technology Overview
11.8.3 Financials
11.8.4 Key Developments
11.8.5 SWOT Analysis
11.9 Ziemer Ophthalmic Systems AG
11.9.1 Overview
11.9.2 Product Overview
11.9.3 Financials
11.9.4 Key Developments
11.9.5 SWOT Analysis
11.10 Iridex Corporation
11.10.1 Overview
11.10.2 Product Overview
11.10.3 Financials
11.10.4 Key Developments
11.10.5 SWOT Analysis
11.11 Nidek Co., Limited
11.11.1 Overview
11.11.2 Product Overview
11.11.3 Financials
11.11.4 Key Developments
11.11.5 SWOT Analysis
11.12 Lightmed USA
11.12.1Overview
11.12.2 Product Overview
11.12.3 Financials
11.12.4 Key Developments
11.12.5 SWOT Analysis
11.13 LUMENIS LTD.
11.13.1 Overview
11.13.2 Product Overview
11.13.3 Financials
11.13.4 Key Developments
11.13.5 SWOT Analysis
Chapter 12 MRFR Conclusion
12.1 Key Findings
12.1.1 From CEO’s Viewpoint
12.1.2 Unmet Needs of the Market
12.2 Key Companies to Watch
12.3 Predictions for the Ophthalmic Lasers Industry
Chapter 13. Appendix
LIST OF TABLES
Table 1 Global Ophthalmic Lasers Market Synopsis, 2020-2027
Table 2 Global Ophthalmic Lasers Market Estimates and Forecast, 2020-2027 (USD Million)
Table 3 Global Ophthalmic Lasers Market, by Region, 2020-2027 (USD Million)
Table 4 Global Ophthalmic Lasers Market, by Product, 2020-2027 (USD Million)
Table 5 Global Ophthalmic Lasers Market, by Application, 2020-2027 (USD Million)
Table 6 Global Ophthalmic Lasers Market, by End User, 2020-2027 (USD Million)
Table 7 North America: Ophthalmic Lasers Market, by Product, 2020-2027 (USD
Million)
Table 8 North America: Ophthalmic Lasers Market, by Application, 2020-2027 (USD
Million)
Table 9 North America: Ophthalmic Lasers Market, by End User, 2020-2027 (USD
Million)
Table 10 US: Ophthalmic Lasers Market, by Product, 2020-2027 (USD Million)
Table 11 US: Ophthalmic Lasers Market, by Application, 2020-2027 (USD Million)
Table 12 US: Ophthalmic Lasers Market, by End User, 2020-2027 (USD Million)
Table 13 Canada: Ophthalmic Lasers Market, by Product, 2020-2027 (USD Million)
Table 14 Canada: Ophthalmic Lasers Market, by Application, 2020-2027 (USD Million)
Table 15 Canada: Ophthalmic Lasers Market, by End User, 2020-2027 (USD
Million)
Table 16 South America: Ophthalmic Lasers Market, by Product, 2020-2027 (USD
Million)
Table 17 South America: Ophthalmic Lasers Market, by Application, 2020-2027 (USD
Million)
Table 18 South America: Ophthalmic Lasers Market, by End User, 2020-2027 (USD
Million)
Table 19 Europe: Ophthalmic Lasers Market, by Product, 2020-2027 (USD Million)
Table 20 Europe: Ophthalmic Lasers Market, by Application, 2020-2027 (USD Million)
Table 21 Europe: Ophthalmic Lasers Market, by End User, 2020-2027 (USD Million)
Table 22 Western Europe: Ophthalmic Lasers Market, by Product, 2020-2027 (USD
Million)
Table 23 Western Europe: Ophthalmic Lasers Market, by Application, 2020-2027 (USD
Million)
Table 24 Western Europe: Ophthalmic Lasers Market, by End User, 2020-2027
(USD Million)
Table 25 Eastern Europe: Ophthalmic Lasers Market, by Product, 2020-2027 (USD
Million)
Table 26 Eastern Europe: Ophthalmic Lasers Market, by Application, 2020-2027 (USD
Million)
Table 27 Eastern Europe: Ophthalmic Lasers Market, by End User, 2020-2027
(USD Million)
Table 28 Asia-Pacific: Ophthalmic Lasers Market, by Product, 2020-2027 (USD
Million)
Table 29 Asia-Pacific: Ophthalmic Lasers Market, by Application, 2020-2027 (USD
Million)
Table 30 Asia-Pacific: Ophthalmic Lasers Market, by End User, 2020-2027 (USD
Million)
Table 31 Middle East & Africa: Ophthalmic Lasers Market, by Product, 2020-2027
(USD Million)
Table 32 Middle East & Africa: Ophthalmic Lasers Market, by Application, 2020-2027
(USD Million)
Table 33 Middle East & Africa: Ophthalmic Lasers Market, by End User, 2020-2027
(USD Million)
LIST OF FIGURES
Figure 1 Research Process
Figure 2 Segmentation for Global Ophthalmic Lasers Market
Figure 3 Segmentation Market Dynamics for Global Ophthalmic Lasers Market
Figure 4 Global Ophthalmic Lasers Market Share, by Product, 2020
Figure 5 Global Ophthalmic Lasers Market Share, by Application, 2020
Figure 6 Global Ophthalmic Lasers Market Share, by End User, 2020
Figure 7 Global Ophthalmic Lasers Market Share, by Region, 2020
Figure 8 North America: Ophthalmic Lasers Market Share, by Country, 2020
Figure 9 Europe: Ophthalmic Lasers Market Share, by Country, 2020
Figure 10 Asia-Pacific: Ophthalmic Lasers Market Share, by Country, 2020
Figure 11 Middle East & Africa: Ophthalmic Lasers Market Share, by Country, 2020
Figure 12 Global Ophthalmic Lasers Market: Company Share Analysis, 2020 (%)
Figure 13Alcon Laboratories, Inc.: Key Financials
Figure 14 Alcon Laboratories, Inc.: Segmental Revenue
Figure 15 Alcon Laboratories, Inc.: Geographical Revenue
Figure 16Abbott Medical Optics, Inc.: Key Financials
Figure 17Abbott Medical Optics, Inc.: Segmental Revenue
Figure 18Abbott Medical Optics, Inc.: Geographical Revenue
Figure 19 Carl Zeiss Meditec AG: Key Financials
Figure 20Carl Zeiss Meditec AG: Segmental Revenue
Figure 21Carl Zeiss Meditec AG: Geographical Revenue
Figure 22Bausch & Lomb Incorporated: Key Financials
Figure 23Bausch & Lomb Incorporated: Segmental Revenue
Figure 24Bausch & Lomb Incorporated: Geographical Revenue
Figure 25Quantel Inc.: Key Financials
Figure 26Quantel Inc.: Segmental Revenue
Figure 27Quantel Inc. Geographical Revenue
Figure 28Ellex Medical Lasers Limited: Key Financials
Figure 29Ellex Medical Lasers Limited: Segmental Revenue
Figure 30 Ellex Medical Lasers Limited: Geographical Revenue
Figure 31Ocular Instruments: Key Financials
Figure 32Ocular Instruments: Segmental Revenue
Figure 33Ocular Instruments: Geographical Revenue
Figure 34Topcon Corporation: Key Financials
Figure 35Topcon Corporation: Segmental Revenue
Figure 36Topcon Corporation: Geographical Revenue
Figure 37Ziemer Ophthalmic Systems AG: Key Financials
Figure38 Ziemer Ophthalmic Systems AG: Segmental Revenue
Figure 39Ziemer Ophthalmic Systems AG: Geographical Revenue
Figure 40 Iridex Corporation: Key Financials
Figure 41 Iridex Corporation: Segmental Revenue
Figure 42 Iridex Corporation: Geographical Revenue
Figure 43Nidek Co., Limited: Key Financials
Figure 44 Nidek Co., Limited: Segmental Revenue
Figure 45 Nidek Co., Limited: Geographical Revenue
Figure 46 Lightmed USA: Key Financials
Figure 47 Lightmed USA: Segmental Revenue
Figure 48 Lightmed USA: Geographical Revenue
Figure 49 LUMENIS LTD.: Key Financials
Figure 50 LUMENIS LTD. : Segmental Revenue
Figure 51 LUMENIS LTD. : Geographical Revenue
Ophthalmic lasers market
The global ophthalmic lasers market size was valued is projected to reach $1,909.78 million at a CAGR of 4.9% from 2022 to 2030.
$1,909.78 million
Market Size
4.9%
CAGR
Asia Pacific
Dominating Region
2022-2030
Forecast Period
Segmentation
Key Players
- Carl Zeiss Meditec AG
- Bausch & Lomb Incorporated
- Quantel Inc.
- Ellex Medical Lasers Limited
- Ocular Instruments
- Topcon Corporation
- Ziemer Ophthalmic Systems AG
Drivers
- Growing geriatric population with ophthalmic problems
- Increasing number of product approvals
Ophthalmic Lasers Market Scenario:
The Ophthalmic Lasers Market was valued at over USD 1,050 in 2017 and expected to register CAGR 4.6% during the forecast period.
Ophthalmology is a branch of medical science which deals with complications related to eyeball and orbit. Ophthalmic lasers are important in correcting vision and repairing the damage. The growing geriatric population with ophthalmic problems, increasing number of product approvals, and increasing prevalence of chronic ophthalmic disorders are expected to drive the growth of the market. Moreover, Chronic disorders such as diabetes are responsible for retinal disorders and increasing prevalence of disorders related to the eye as well as contributing to the growth of the market. According to the World Health Organization, Diabetes is a major healthcare concern and more than 422 million adults were suffering from diabetes in 2016, and it caused approximately 2.2 million deaths.
The rising cost of ophthalmic procedures, the high price of ophthalmic lasers products, and lack of skilled personnel for the effective use of ophthalmic lasers products may hamper the growth of the market during the assessment period.
Ophthalmic Lasers Market Segmentation:
The Global Ophthalmic Lasers Market has been segmented on the basis of product, application, and End User.On the basis of product, the market has been classified as excimer lasers, femtosecond lasers, diode lasers, selective laser trabeculoplasty (SLT) laser, ND:Yag lasers, and others.The application segment has been divided into refractive error correction, cataract surgery, diabetic retinopathy, glaucoma surgery, age-related macular degeneration (AMD)treatment, and others.
The market, by End User, has been segmented into hospitals, specialty clinics, ambulatory surgical centers, and others.The market has been segmented, by region, into the Americas, Europe, Asia-Pacific, and the Middle East & Africa. The Ophthalmic Lasers Market in the Americas has further been segmented into North America and South America, with the North American market divided into the US and Canada.
The European Ophthalmic Lasers Market has been segmented into Western Europe and Eastern Europe. Western Europe has further been classified as Germany, France, the UK, Italy, Spain, and the rest of Western Europe. The Market in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific. The Market in the Middle East & Africa has been segmented into the Middle East and Africa.
Ophthalmic Lasers Market Regional Summary
Global Ophthalmic Lasers Market Share, by Region, 2017 (%)
Source: MRFR Analysis
The Americas are likely to dominate the Global Ophthalmic Lasers Market owing to the technological advancement in the region, increasing ophthalmic disorders and rising geriatric population. Increasing geriatric population results in increasing patients with compromised vision or damaged eyeball which is driving the market growth. According to the American Academy of Ophthalmology, Primary open-angle glaucoma (POAG) is increasing rapidly and by the end of 2050 more than 7.9 million people in the US will suffer from primary open-angle glaucoma (POAG). Moreover, favorable reimbursement policies and government initiatives for the development of the healthcare sector are also contributing to the growth of the market.
The European market is expected to be the second-largest ophthalmic lasers market. The market growth in this region can be attributed to the increasing ophthalmic surgeries in the region, raising awareness about the innovative technologies, and improvement in the healthcare sector with respect to infrastructure and facilities. According to the European Commission, cataract surgeries are common in the European region, and more than 4.5 million cataract surgeries were performed in European countries in 2016.
Asia-Pacific is expected to be the fastest-growing ophthalmic lasers market during the forecast period owing to the increasing prevalence of chronic diseases, rising investments in healthcare and expansions by market players in the region. According to the international diabetes federation, approximately 19% of the total population in the region is suffering from diabetes which is near to 84 million and caused 1.3 million deaths.
The market in the Middle East & Africa is expected to account for the smallest share of the global market due to an underdeveloped healthcare sector, lack of technical knowledge, and poor medical facilities.
Ophthalmic Lasers Market Key Players:
Some of the key players in the global ophthalmic lasers market are Alcon Laboratories, Inc., Abbott Medical Optics, Inc., Carl Zeiss Meditec AG, Bausch & Lomb Incorporated, Quantel Inc., Ellex Medical Lasers Limited, Ocular Instruments, Topcon Corporation, Ziemer Ophthalmic Systems AG, Iridex Corporation, Nidek Co., Limited, Lightmed USA, and Lumenis Ltd.
Global Market, by Product:
- Excimer Lasers
- Femtosecond Lasers
- Diode Lasers
- SLT Laser
- ND:Yag Lasers
- Others
Global Market, by Application:
- Refractive Error Correction
- Cataract Surgery
- Diabetic Retinopathy
- Glaucoma Surgery
- Age-related Macular Degeneration (AMD)Treatment
- Others
Global Market, by End User:
- Hospitals
- Specialty Clinics
- Ambulatory Surgical Centers
- Others
Global Market, by Region:
- Americas
- North America
- US
- Canada
- South America
- Europe
- Western Europe
- Germany
- France
- Italy
- Spain
- UK
- Rest of Western Europe
- Eastern Europe
- Asia-Pacific
- Japan
- China
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Middle East & Africa
- Middle East
- Africa
Company Profiles:
- Alcon Laboratories, Inc.
- Abbott Medical Optics, Inc.
- Carl Zeiss Meditec AG
- Bausch & Lomb Incorporated
- Quantel Inc.
- Ellex Medical Lasers Limited
- Ocular Instruments
- Topcon Corporation
- Ziemer Ophthalmic Systems AG
- Iridex Corporation
- Nidek Co., Limited
- Lightmed USA
- Lumenis Ltd.
Intended Audience:
- Ophthalmic Lasers Product Manufacturers
- Ophthalmic Lasers Product Distributors And Suppliers
- Healthcare Providers
- Medical Device Manufacturers
- Research Institutes and Academic Centers
- Contract Research Organizations (CROs)
- Government Associations
- Market Research and Consulting
Report Scope:
| Report Attribute/Metric | Details |
|---|---|
| Market Size | 2027: Significant Value |
| CAGR | 2018-2023: 4.6%% |
| Base Year | 2019 |
| Forecast Period | 2027 |
| Historical Data | 2018 |
| Forecast Units | Value (USD Million) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Product, Application, and End User |
| Geographies Covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
| Key Vendors | Alcon Laboratories, Inc., Abbott Medical Optics, Inc., Carl Zeiss Meditec AG, Bausch & Lomb Incorporated, Quantel Inc., Ellex Medical Lasers Limited, Ocular Instruments, Topcon Corporation, Ziemer Ophthalmic Systems AG, Iridex Corporation, Nidek Co., Limited, Lightmed USA, and Lumenis Ltd |
| Key Market Opportunities |
|
| Key Market Drivers |
|
Frequently Asked Questions (FAQ) :
The Ophthalmic Lasers Market is expected to register a CAGR of 5.88% during forecast period.
The geriatric population with ophthalmic problems is the major driving factor of Ophthalmic Lasers Market.
Alcon Laboratories, Inc., Abbott Medical Optics, Inc., Carl Zeiss Meditec AG, Bausch & Lomb Incorporated, Quantel Inc., Ellex Medical Lasers Limited, Ocular Instruments, Topcon Corporation, Ziemer Ophthalmic Systems AG, Iridex Corporation, Nidek Co., Limited, Lightmed USA, and Lumenis Ltd
