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Ophthalmic Lasers Market 2019 | Rising Status of Key Players, Industry Size & Share, Growth Factors, New Technologies Revenue Forecast by 2024

Ophthalmic

The “Ophthalmic Lasers Market” report 2019 provides information for market players, stakeholders, investors, and business strategists to achieve a leading position the market. It maintains the record of Unusual growth strategies adopted by various companies are creating new standards for competition in the global Ophthalmic Lasers market. Businesses around the world are aiming at increasing their profit margin and establishing a stronghold in the global market. The impact of prevailing regulatory scenario on both regional and worldwide Ophthalmic Lasers market is provided in detail in the report.

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Ophthalmic Lasers Market Covers Key Players:

  • Alcon Laboratories Inc. (Novartis AG)
  • Johnson & Johnson Surgical Vision Inc.
  • Bausch & Lomb Incorporated (Valeant Pharmaceuticals International Inc.)
  • Ellex Medical Lasers Limited
  • IRIDEX Corporation
  • LIGHTMED
  • Quantel Medical
  • SCHWIND Eye
  • tech
  • solutions
  • Lumenis

    Market Overview:

  • The ophthalmic lasers market is expected to register a CAGR of 4.9%, over the forecast period. Factors that are responsible for the growth of this market include high prevalence of ophthalmic disorders, increasing initiatives to control visual impairment, and increasing regulatory approvals for ophthalmic lasers.
  • FDA is aware that there has been, and continues to be, a considerable amount of research activity in the ophthalmic lasers arena. Hence, several number of eye lasers are receiving regulatory approvals, which help in driving the ophthalmic lasers market. In 2016, the China Food and Drug Administration (China FDA) had granted regulatory approval for the Ellex Medical Lasers Limited’s complete portfolio of glaucoma, vitreous floaters, and secondary cataract treatment lasers (collectively referred to as the “YAG laser” portfolio) in the Chinese market. With the company’s proprietary YAG laser portfolio now available to all ophthalmologists in China, the approval by China FDA had directly increased the sales in China, in 2017. Therefore, it is marked as an important milestone to expand its presence in the fast-growing market of Asia. Thus, the increase in regulatory approvals helps in driving the growth of the ophthalmic lasers market.

    Report Highlights:

    • The report provides a detailed analysis on current and future market trends to identify the investment opportunities
    • Market forecasts till 2024, using estimated market values as the base numbers
    • Key market trends across the business segments, Regions and Countries
    • Key developments and strategies observed in the market
    • Market Dynamics such as Drivers, Restraints, Opportunities and other trends
    • In-depth company profiles of key players and upcoming prominent players
    • Growth prospects among the emerging nations through 2024
    • Ophthalmic Lasers Market opportunities and recommendations for new investments

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    Scope of the Report:

  • The ophthalmic laser is a medical device, which is used to target ophthalmic cells, in order to operate the ophthalmic disorders. Ophthalmic lasers are used for treating a wide range of eye problems. It is used in a variety of ophthalmic disorder procedures that include cataract surgery, laser trabeculoplasty, retinal photocoagulation, and laser iridotomy. Significant accuracy, low-cost, safe procedure, and convenient ophthalmic tools have increased the demand for ophthalmic lasers in the market.

    Key Market Trends:

    Refractive Error Corrections is Expected to Hold the Highest Revenue in the Application Segment

    In the application segment of the ophthalmic lasers market, refractive error corrections are projected to have the largest revenue during the forecast period. This is majorly due to the factors, such as the escalating number of refractive error cases among, both, children and adult population. Furthermore, increase in the application of femtosecond lasers in refractive error surgeries is helping in the growth of this segment.

    North America Dominates the Market and is Expected to do Same during the Forecast Period

    Currently, North America dominates the market for ophthalmic lasers, and is expected to continue its stronghold for a few more years. In the North American region, the United States holds the largest market share, owing to the increasing incidence rates of ophthalmic problems and increasing healthcare expenditure in the country, as well as the development of sophisticated healthcare infrastructure in the country.

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    Detailed TOC of Ophthalmic Lasers Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Market Drivers
    4.2.1 High Prevalence of Ophthalmic Disorders
    4.2.2 Increasing Regulatory Approvals for Ophthalmic Lasers
    4.2.3 Increasing Initiatives to Control Visual Impairments
    4.3 Market Restraints
    4.3.1 Huge Cost Associated with Ophthalmic Laser Therapies
    4.3.2 Reduced Availability of Skilled Practitioners
    4.4 Porter’s Five Forces Analysis
    4.4.1 Threat of New Entrants
    4.4.2 Bargaining Power of Buyers/Consumers
    4.4.3 Bargaining Power of Suppliers
    4.4.4 Threat of Substitute Products
    4.4.5 Intensity of Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 By Product
    5.1.1 Diode Lasers
    5.1.2 Femtosecond Lasers
    5.1.3 Excimer Lasers
    5.1.4 Nd:YAG Lasers
    5.1.5 SLT Lasers
    5.1.6 Other Products
    5.2 By Application
    5.2.1 Glaucoma
    5.2.2 Cataract Removal
    5.2.3 Refractive Error Corrections
    5.2.4 Diabetic Retinopathy
    5.2.5 Other Applications
    5.3 By End User
    5.3.1 Hospitals
    5.3.2 Eye Clinics
    5.3.3 Other End Users
    5.4 Geography
    5.4.1 North America
    5.4.1.1 United States
    5.4.1.2 Canada
    5.4.1.3 Mexico
    5.4.2 Europe
    5.4.2.1 Germany
    5.4.2.2 United Kingdom
    5.4.2.3 France
    5.4.2.4 Italy
    5.4.2.5 Spain
    5.4.2.6 Rest of Europe
    5.4.3 Asia-Pacific
    5.4.3.1 China
    5.4.3.2 Japan
    5.4.3.3 India
    5.4.3.4 Australia
    5.4.3.5 South Korea
    5.4.3.6 Rest of Asia-Pacific
    5.4.4 Middle East & Africa
    5.4.4.1 GCC
    5.4.4.2 South Africa
    5.4.4.3 Rest of Middle East & Africa
    5.4.5 South America
    5.4.5.1 Brazil
    5.4.5.2 Argentina
    5.4.5.3 Rest of South America

    6 COMPETITIVE LANDSCAPE
    6.1 Company Profiles
    6.1.1 Alcon Laboratories Inc. (Novartis AG)
    6.1.2 Johnson & Johnson Surgical Vision Inc.
    6.1.3 Bausch & Lomb Incorporated (Valeant Pharmaceuticals International Inc.)
    6.1.4 Ellex Medical Lasers Limited
    6.1.5 IRIDEX Corporation
    6.1.6 LIGHTMED
    6.1.7 Quantel Medical
    6.1.8 SCHWIND Eye-tech-solutions
    6.1.9 Lumenis

    7 MARKET OPPORTUNITIES AND FUTURE TRENDS

     

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