Study on ophthalmic lasers market highlights key players such as Alcon Laboratories, Inc.(U.S.), Abbott Medical Optics, Inc. (U.S.), Carl Zeiss Meditec AG (Germany), Bausch &Lomb Incorporated(U.S.), Ellex Medical Lasers Limited (Australia), Topcon Corporation (Japan), Ziemer Ophthalmic Systems AG (Switzerland), IRIDEX Corporation (U.S.), NIDEK Co., Ltd.(Japan), and Lumenis Ltd. (Israel).
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Complete report on Ophthalmic Lasers Market spread across 149 Pages, Profiling 11 Companies and Supported with 69 Tables and 36 Figures is now available at www.rnrmarketresearch.com/ophthalm…arket-report.html .
The ophthalmic lasers market is projected to reach USD1,245.4 million by 2021 from USD 970.2 million in 2016, at a CAGR of 5.1%. Increasing prevalence of ophthalmic disorders, increasing prevalence of chronic disorders, rising geriatric population, increasing regulatory approvals, and increasing initiatives to prevent vision impairment are some factors driving growth of global ophthalmic lasers market.
Stakeholders in the Ophthalmic Lasers Market:
- Ophthalmic Lasers Manufacturing Companies
- Suppliers and Distributors of Ophthalmic Lasers
- Research and Consulting Firms
- Healthcare Service Providers, including Hospitals, Specialty Clinics, and Ambulatory Surgery Centers (ASCs)
- Research Institutes
- Venture Capitalists
Refractive error correction segment is expected to command largest share of global ophthalmic lasers market, by application, in 2016.
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This can be attributed to increasing incidence of refractive errors and better clinical outcomes due to technological advancements in ophthalmic lasers. Cataract removal segment is projected to grow at the highest CAGR from 2016 to 2021.
Automation of several steps performed manually during cataract surgery by femtosecond lasers is expected to augment demand for ophthalmic lasers in this application.
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In the coming years, the ophthalmic lasers market is expected to witness the highest growth in the Asia-Pacific region, with emphasis on India, China, and Japan. This can be attributed to factors such as high prevalence of ophthalmic disorders, introduction of initiatives for prevention of blindness and treatment projects for various ophthalmic disorders, and rising aging population.
1 Global Market Overview
2 Geographic Analysis: Market, By Product
3 Geographic Snapshot: Market
4 Global Market, By Application
5 Global Market, By End User
Key players in the market are Alcon Laboratories, Inc. (U.S.), Abbott Medical Optics, Inc.
(U.S.), Carl Zeiss Meditec AG (Germany), Bausch & Lomb Incorporated (U.S.), Ellex Medical Lasers Limited (Australia), Topcon Corporation (Japan), Ziemer Ophthalmic Systems AG (Switzerland), IRIDEX Corporation (U.S.), NIDEK Co., Ltd. (Japan), and Lumenis Ltd. (Israel).
Click now for more information on this research of “Ophthalmic Lasers Market by Product Type (Femtosecond Lasers, Excimer Lasers, Nd:YAG Lasers, Diode Lasers, and Other Lasers), Application (Refractive Error Correction, Cataract Removal, Glaucoma Treatment, Diabetic Retinopathy Treatment, AMD Treatment, and Other Applications), & End User (Hospitals and Clinics and Ambulatory Surgery Centers (ASCs) - Global Forecast to 2021” report @ www.rnrmarketresearch.com/contacts…ount?rname=721254 .
In 2016, North America is expected to account for the largest share of the global ophthalmic lasers market, followed by Europe, Asia-Pacific, and Rest of the World (RoW). North America’s large share is attributed to the increasing prevalence of ophthalmic disorders, rising prevalence of chronic diseases, and increasing regulatory approvals.
The market witnesses high competitive intensity, as there are several big and many small firms with similar product offerings. These companies adopt various strategies (expansions; new product launches; marketing and promotion; agreements, collaborations, contracts, partnerships, and joint ventures; funding; acquisitions; patent grants, website launches, and product enhancement)to increase their market shares and establish a strong foothold in the global ophthalmic lasers market.
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