Ophthalmology Laser Trends and Forecast
The future of the global ophthalmology laser market looks promising with opportunities in the cataract treatment, refractive errors treatment, and glaucoma treatment applications. The global ophthalmology laser market is expected to reach an estimated $1.9 billion by 2030 with a CAGR of 5.3% from 2024 to 2030. The major drivers for this market are increasing prevalence of eye related diseases, growing preference for refractive surgeries,and rising demand for outpatient procedures.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Ophthalmology Laser by Segment
The study includes a forecast for the global ophthalmology laser by product, technology, application, end use, and region
Ophthalmology Laser Market by Product [Shipment Analysis by Value from 2018 to 2030]:
• Femtosecond Lasers
• Excimer Lasers
• Nd:YAG Lasers
• Diode Lasers
• Others
Ophthalmology Laser Market by Technology [Shipment Analysis by Value from 2018 to 2030]:
• Photodisruption Lasers
• Selective Laser Trabeculoplasty
• Photocoagulation Lasers
Ophthalmology Laser Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Cataract Treatment
• Refractive Errors Treatment
• Glaucoma Treatment
• Others
Ophthalmology Laser Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• Hospitals
• Ambulatory Service Centers
• Opthalmic Lasers Centers
Ophthalmology Laser Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Ophthalmology Laser Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies ophthalmology laser companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the ophthalmology laser companies profiled in this report include-
• Carl Zeiss Meditec
• Lumibird
• NIDEK
• Lumenis
• Novartis
Ophthalmology Laser Market Insights
Lucintel forecast that femtosecond lasers is expected to witness highest growth over the forecast period due to its significant use in eye treatment owing to its various advantages, such as reduced tissue damage, accelerated wound healing, and improved surgical results.
Refractive error treatment will remain the largest segment due to significant use of opthalmology laser by doctors and patients to treat myopia, hyperopia, and astigmatism errors in order to fasten recovery times, improve visual outcomes, and lower the risk of problems.
North America is expected to witness highest growth over the forecast period due to increasing number of people with ophthalmic conditions and availability of modern healthcare facilities with qualified medical staff in the region.
Features of the Global Ophthalmology Laser Market
Market Size Estimates: Ophthalmology laser market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Ophthalmology laser market size by various segments, such as by product, technology, application, end use, and region in terms of value ($B).
Regional Analysis: Ophthalmology laser market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different products, technologies, applications, end uses, and regions for the ophthalmology laser market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the ophthalmology laser market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q.1 What is the ophthalmology laser market size?
Answer: The global ophthalmology laser market is expected to reach an estimated $1.9 billion by 2030.
Q.2 What is the growth forecast for ophthalmology laser market?
Answer: The global opthalmology laser market is expected to grow with a CAGR of 5.3% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the ophthalmology laser market?
Answer: The major drivers for this market are increasing prevalence of eye related diseases, growing preference for refractive surgeries, and rising demand for outpatient procedures.
Q4. What are the major segments for ophthalmology laser market?
Answer: The future of the ophthalmology laser market looks promising with opportunities in the cataract treatment, refractive errors treatment, and glaucoma treatment applications.
Q5. Who are the key ophthalmology laser market companies?
Answer: Some of the key ophthalmology laser companies are as follows:
• Carl Zeiss Meditec
• Lumibird
• NIDEK
• Lumenis
• Novartis
Q6. Which ophthalmology laser market segment will be the largest in future?
Answer: Lucintel forecast that femtosecond lasers is expected to witness highest growth over the forecast period due to its significant use in eye treatment owing to its various advantages, such as reduced tissue damage, accelerated wound healing, and improved surgical results.
Q7. In ophthalmology laser market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth over the forecast period due to increasing number of people with ophthalmic conditions and availability of modern healthcare facilities with qualified medical staff in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the ophthalmology laser market product (femtosecond lasers, excimer lasers, Nd YAG lasers, diode lasers, and others), technology (photodisruption lasers, slective laser trabeculoplasty, and photocoagulation lasers), application (cataract treatment, refractive errors treatment, glaucoma treatment, and others), end use (hospitals, ambulatory surgical centers, and opthalmic lasers centers), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Ophthalmology Laser Market, Ophthalmology Laser Market Size, Ophthalmology Laser Market Growth, Ophthalmology Laser Market Analysis, Ophthalmology Laser Market Report, Ophthalmology Laser Market Share, Ophthalmology Laser Market Trends, Ophthalmology Laser Market Forecast, Ophthalmology Laser Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.