Ophthalmology Lasers Market to Perceive Prominent Growth of USD 3,478.03 Million by 2030, Size, Share, Trends, Demand, Growth Analysis and Competitive Forecast

Data Bridge Market Research analyses that the market is growing with a CAGR of 6.2% in the forecast period of 2023 to 2030 and is expected to reach USD 3,478.03 million by 2030 from USD 2,152.97 million in 2022

| Source: Data Bridge Market Research Data Bridge Market Research

NEW YORK, April 24, 2023 (GLOBE NEWSWIRE) -- Data Bridge Market Research has unveiled a new report called "Ophthalmology Market" which provides an in-depth exploration of growth strategies, drivers, opportunities, key segments, Porter's Five Forces analysis, and the competitive landscape. The purpose of Ophthalmology report is to provide a detailed analysis of Ophthalmology industry and its impact based on applications and on different geographical regions. This industry analysis report contains market data that can be relatively essential when it comes to dominate the market or make a mark in the market as a new emergent. It also strategically analyses the growth trends and future prospects. This market research report is a resource for getting current as well as upcoming technical and financial details of the industry to 2030. Ophthalmology market survey report also enlists the foremost competitors and gives the insights about the strategic industry analysis of the key factors influencing the Ophthalmology industry.

Ophthalmology market document employs a range of steps for collecting, recording, analysing and interpreting market data to make this report all-inclusive. The data and the information concerning the Ophthalmology industry are derived from unswerving sources such as websites, annual reports of the companies, journals, and others and were checked and validated by the market experts. This industry analysis document speaks about the manufacturing process, type and applications. The market report endows with the list of the leading competitors and their moves such as joint ventures, acquisitions, and mergers etc. Ophthalmology business report also makes available statistics on the current state of the industry as a valuable source of guidance and direction for companies and investors interested in this market.

The global ophthalmology lasers market is expected to gain market growth in the forecast period of 2023 to 2030. Data Bridge Market Research analyses that the market is growing with a CAGR of 6.2% in the forecast period of 2023 to 2030 and is expected to reach USD 3,478.03 million by 2030 from USD 2,152.97 million in 2022.

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Ophthalmology lasers are specialized medical devices that emit focused beams of light to treat various eye conditions. These lasers are commonly used in ophthalmology to perform various procedures, such as treating vision disorders, correcting refractive errors, and managing various eye diseases. The devices gained increased importance and adoption due to the high prevalence of several ophthalmic diseases, such as glaucoma, cataract, and other vision-related issues.

This ophthalmology lasers market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the ophthalmology lasers market, contact Data Bridge Market Research for an Analyst Brief. Our team will help you take an informed market decision to achieve market growth.

Opportunities

  • Technological advancements in ophthalmology

Technological advancements in the field of ophthalmology have revolutionized the diagnosis, treatment, and management of various eye diseases and conditions. These advancements have created significant opportunities in the global ophthalmology lasers market, with the potential to improve patient outcomes, increase efficiency, and drive growth in the industry. One of the most significant technological advancements in ophthalmology has been the development of femtosecond lasers. These lasers are used for precision surgeries and can create incisions that are more precise and predictable than those created by traditional surgical tools. This technology has revolutionized procedures such as photocoagulation lasers, Selective Laser Trabeculoplasty (SLT), allowing for faster recovery times and better visual outcomes, which is expected to provide a lucrative opportunity for the market's growth.

The Global Market Is Analyzed in Depth in the Latest Study. Taking into account the current level of competition and its projected evolution over the next few years.

Rapidly increasing demands, a rise in industrialization, consumer awareness, growing sectors, and technical improvements are fueling the expansion of the global Ophthalmology Lasers market. Sales and revenue in this sector have increased at an exponential rate. The market's size and growth are both expected to increase thanks to the factors driving the market's expansion over the projected period.

Leading businesses in the worldwide Ophthalmology Lasers market are investing heavily in R&D in order to build a larger client base and expand their share of the market by reintroducing improved products to consumers. All of the companies' strategy, as well as their financial health, revenue, gross margin, and growth rate, are detailed in the study.

Fundamental Aim of Ophthalmology Lasers Market Report

In the Ophthalmology Lasers market, every company has goals, but this report focus in on the most important ones, allowing you to gain insight into the competition, the future of the market, potential new products, and other useful information that can boost your sales significantly.

  • Major alterations to the Ophthalmology Lasers Market in the near future.
  • Notable Market rivals around the world.
  • The Ophthalmology Lasers Market's Future Scope and Product Outlook
  • Future-promising emerging markets.
  • The Market Presents Difficult Challenges and Threats.
  • Sales data and profiles of the world's leading Ophthalmology Lasers players

The Ophthalmology Lasers Market is Dominated by Firms Such as

  • NIDEK CO., LTD.
  • iVIS Technologies
  • SCHWIND eye-tech-solutions
  • ARC Laser GmbH
  • Calmar Laser
  • LENSAR, INC.
  • OD-OS
  • Quantel Medical (Subsidiary of Lumibird Medical)
  • Aurolab
  • Alcon
  • Ziemer Ophthalmic Systems AG
  • LIGHTMED
  • Johnson & Johnson Inc.
  • Bausch & Lomb Incorporated
  • MEDA Co., Ltd.
  • Topcon
  • Lumenis Be Ltd.
  • IRIDEX Corporation
  • Zeiss

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Recent Development

  • In November 2022, Alcon, the global leader in eye care dedicated to helping people see brilliantly, announced that it had completed its acquisition of Aerie Pharmaceuticals, Inc. This transaction helps bolster Alcon's presence in the ophthalmic pharmaceutical space with its growing portfolio of commercial products and development pipeline.
  • In March 2023, Bausch + Lomb Corporation and Novaliq GmbH announced that the American Journal of Ophthalmology had published results from MOJAVE, the second pivotal Phase 3 trial for NOV03 (perfluorohexyloctane). NOV03 is being investigated to treat the signs and symptoms of Dry Eye Disease (DED) associated with Meibomian Gland Dysfunction (MGD). Results from the first pivotal Phase 3 trial, GOBI, were published earlier this year in the American Journal of Ophthalmology.

Opportunities for Key Players:

  • Technological advancements in ophthalmology

Technological advancements in the field of ophthalmology have revolutionized the diagnosis, treatment, and management of various eye diseases and conditions. These advancements have created significant opportunities in the global ophthalmology lasers market, with the potential to improve patient outcomes, increase efficiency, and drive growth in the industry. One of the most significant technological advancements in ophthalmology has been the development of femtosecond lasers. These lasers are used for precision surgeries and can create incisions that are more precise and predictable than those created by traditional surgical tools. This technology has revolutionized procedures such as photocoagulation lasers, Selective Laser Trabeculoplasty (SLT), allowing for faster recovery times and better visual outcomes, which is expected to provide a lucrative opportunity for the market's growth

Key Growth Drivers:

  • Increasing incidences of chronic and communicable eye diseases

The field of ophthalmology has seen a rise in the incidence of both chronic and communicable eye diseases in recent years. Some of the major factors contributing to this trend include a growing global population, an aging population, increased urbanization, changing lifestyles, and increased exposure to environmental pollutants. One of the most common chronic eye diseases is Age-Related Macular Degeneration (AMD). AMD is a leading cause of blindness in people over the age of 60 and is caused by damage to the macula, a small part of the retina responsible for central vision. The prevalence of AMD is expected to increase with an aging global population. Another chronic eye disease that is becoming more prevalent is glaucoma. Glaucoma is a group of eye diseases that cause damage to the optic nerve and can lead to blindness. It is often asymptomatic until it reaches an advanced stage, making regular eye exams crucial for early detection and treatment.

In March 2023, according to an article by Indian Express, globally, glaucoma is the second leading cause of blindness after cataracts. It is estimated to cause blindness in 4.5 million people worldwide. Despite this, glaucoma is largely undiagnosed, with more than 90 percent of untreated cases. Thus, increasing incidences of chronic and communicable eye diseases are expected to drive the market's growth.

  • Increased consumer awareness for laser treatments

Consumer awareness of laser therapies has increased, which has benefited the market for ophthalmic lasers globally. Several factors have contributed to this trend, including advancements in technology, increased access to information, and greater emphasis on patient education. One of the main drivers of increased consumer awareness is the development of new laser systems that offer improved precision, reduced recovery times, and better outcomes. These systems have been shown to be effective in treating a range of eye conditions, from refractive errors to more complex retinal disorders. Patients are increasingly interested in these treatments and are seeking out ophthalmologists who are trained to use them. Another factor contributing to increased awareness is the availability of information about ophthalmology lasers. Patients can easily access information online about the different types of laser treatments available, their benefits, and potential risks. This has helped to demystify laser treatments and make them more accessible to a wider range of patients which is expected to drive the market's growth.

  • Increasing adoption of outpatient procedures

The field of ophthalmology has seen significant advancements in recent years with the advent of laser technology. With the increasing adoption of outpatient procedures, the global ophthalmology lasers market presents a significant opportunity for growth. Outpatient procedures are medical procedures that do not require an overnight stay in a hospital. These procedures can be performed in a medical office, ambulatory surgery center, or outpatient clinic. Thus, the increasing adoption of outpatient procedures is expected to drive the market's growth.

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Key Market Segments Covered in Ophthalmology Lasers Industry Research

Product

  • Femtosecond Lasers
  • Excimer Lasers
  • Nd: YAG Lasers
  • Diode Lasers

Type

  • Photodisruption Lasers
  • Selective Laser Trabeculoplasty (SLT)
  • Photocoagulation Lasers

Application

  • Diagnostics
  • Therapeutics

Gases

  • Noble gas
  • Halogen gas
  • Buffer gas

End User

  • Hospitals
  • Clinics

Ophthalmology Lasers Market Regional Analysis/Insights:

The countries covered in the ophthalmology lasers market report are U.S., Canada, Mexico, Germany, France, U.K, Italy, Spain, Netherlands, Russia, Switzerland, Turkey, Belgium, Ireland, Poland, Rest of Europe, China, Japan, India, South Korea, Australia, Singapore, Thailand, Malaysia, Indonesia, Philippines, Vietnam, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, Israel, U.A.E, Egypt, Rest of Middle East and Africa.

North America is expected to dominate the global ophthalmology lasers market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period. This is due to the high prevalence of ophthalmic disorders in the region, and rapid research development, which is boosting the market.

This Market Intelligence Report Analyses Some of the Most Crucial Concerns:

  • How will the major segments of this international market develop over the next few years?
  • Who are the major players that will dominate the market in the future?
  • When it comes to this industry, who are the top suppliers and producers?
  • How have the most successful companies in the industry planned for future growth and expansion?
  • In what sectors might we expect to see the greatest increase in demand over the coming years?
  • How many distinct subsets of buyers make up this market?
  • Which regional powerhouse do you foresee as becoming the largest player in the international market?
  • Does a new coronavirus pandemic have any consequences?
  • In what ways are established actors stymied by the entry of newcomers, and how may they be overcome?

Table of Contents:

  1. Introduction
  2. Market Segmentation
  3. Executive Summary
  4. Premium Insights
  5. Global Ophthalmology Lasers Market: Regulations
  6. Market Overview
  7. Global Ophthalmology Lasers Market, By Product
  8. Global Ophthalmology Lasers Market, By Type
  9. Global Ophthalmology Lasers Market, By Application
  10. Global Ophthalmology Lasers Market, By Gases
  11. Global Ophthalmology Lasers Market, By End User
  12. Global Ophthalmology Lasers Market, By Region
  13. Global Ophthalmology Lasers Market: Company Landscape
  14. SWOT Analyses
  15. Company Profile
  16. Questionnaires
  17. Related Reports

Get the Complete Table of Contents @ https://www.databridgemarketresearch.com/toc/?dbmr=global-ophthalmology-lasers-market

Explore More Reports:

  • Ophthalmology Drugs and Devices Market, By Devices (Surgical Device, Diagnostics & Monitoring Devices, Vision care)  Drug (Glaucoma Drugs, Retinal Disorder Drugs, Dry Eye Drugs, Allergic Conjunctivitis and Inflammation Drugs, Other Drugs), Delivery Type (Capsules & Tablets, Gels, Eye Drops, Eye Ointment, Eye Solutions), End Use (Hospitals, Diagnostic Centres, Others) Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East and Africa) https://www.databridgemarketresearch.com/reports/global-ophthalmology-drugs-devices-market
  • Optical Coherence Tomography for Ophthalmology Market, By Product (Handheld OCT Devices, Tabletop OCT Devices, and Catheter-Based OCT Devices), Technology (Time Domain OCT, Frequency Domain OCT, Spatial Encoded Frequency, Spectral-Domain, Swept-Source), Type (Semi- Automatic, Fully AUTOMATIC), End User (Hospital, Clinic, , ASCs, Physicians' Offices, Others), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East and Africa) https://www.databridgemarketresearch.com/reports/global-optical-coherence-tomography-for-ophthalmology-market

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