Global Ophthalmic Laser Market Trends, Size, Share, Forecast - 2019-2025
Ophthalmic lasers market is expected to grow at a moderate rate during the forecast period 2019-2025. Ophthalmic lasers are referred as the bladeless eye surgery. The lasers are used in ophthalmic surgeries to cut, photocoagulate, remove and shrink ocular tissues. There are several types of ophthalmic lasers, such as excimer laser, femtosecond laser, cyclodiode laser, ND: YAG laser and Selective Laser Trabeculoplasty (SLT) laser. The ND: YAG laser has a significant range of applications in ophthalmology. After cataract surgery, this laser is mostly used for the treatment of posterior capsular opacification. In the case of glaucoma, it is used to create a peripheral iridotomy among patients with angle-closure and narrow angles glaucoma. ND: YAG laser can also be utilized for the treatment of recurrent vitreous floaters and corneal erosions. The major factors boosting the market include the significant rise in the prevalence of ophthalmic diseases, rising adoption of minimally invasive surgical procedures and technological innovations in ophthalmic laser technology. For instance, in June 2018, at World Ophthalmology Congress 2018, Carl Zeiss AG revealed its next-generation ophthalmic laser named VISULAS green photocoagulation laser. The photocoagulation lasers are used for the treatment of a range of eye diseases such as age-related macular degeneration and diabetic retinopathy. The VISULAS provides an user interface that allows the doctors to focus on patients and perform the procedure more effectively. In addition, the integrated data management enables to offer a contact lens database and user-specific treatment protocols for varied users.
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Moreover, other laser vision correction procedure by Carl Zeiss AG, known as ReLEx SMILE have gained significant importance in ophthalmic laser surgeries. In Sep. 2018, the company has announced the number of ophthalmic procedures performed by using SMILE for the treatment of ametropia has reached 1.5 million globally. It is performed in more than 65 countries by over 1,300 surgeons. According to the company, the patients who experienced SMILE procedure have resulted in high satisfaction coupled with the results and outcomes of this minimally invasive procedure. It represents the growing trend towards laser correction procedures in ophthalmology, which in turn, is primarily driving the demand for ophthalmic lasers across ophthalmic surgeries. Apart from these driving factors, there are certain restraining factors affecting the market growth, including the shortage of skilled professionals and certain risks associated with LASIK surgery such as loss of vision or change. On the other hand, the market is expected to create significant opportunity due to increasing healthcare expenditure and growth in medical tourism across several countries.
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Global Ophthalmic Lasers Market Segmentation
By Type
Excimer Laser
Femtosecond Laser
Cyclodiode Laser
Nd: YAG Laser
Selective-Laser-Trabeculoplasty (SLT) Laser
Others
By Application
Cataract Surgery
Glaucoma Surgery
Diabetic Retinopathy
Refractive Surgery
Age-Related Macular Degeneration (AMD)
Cornea Transplant Surgery
Others
By End-User
Hospital
Clinic
Ambulatory Surgical Center
Regional Analysis
North America
United States
Canada
Europe
UK
Germany
Italy
Spain
France
Rest of Europe
Asia-Pacific
China
India
Japan
Rest of Asia-Pacific
Rest of the World
Company Profiles
A.R.C. Laser GmbH
Bausch & Lomb, Inc.
Boston Scientific Corp.
Carl Zeiss Meditec AG
Coherent, Inc.
Ellex Medical Lasers Ltd.
IPG Photonics Corp.
IRIDEX Corp.
Johnson & Johnson
LIGHTMED Corp.
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