Ophthalmic Femtosecond Lasers Market Size, Share, Trends, Analysis and Forecasts To 2021
Market Research analysts forecast the global ophthalmic femtosecond lasers market to grow at a CAGR of 6.26% during the period 2017-2021.
The following companies as the key players in the report title minus years: Abbott Medical Optics, Alcon, Bausch & Lomb, Carl Zeiss Meditec, and Ziemer Ophthalmic Systems.
Other Prominent Vendors in the market are: KM Labs, LENSAR, Menlo Systems, Onefive, and TOPTICA Photonics.
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Commenting on the report, an analyst from Reports team said: The latest trend gaining momentum in the market is increased popularity of femtosecond laser-assisted cataract surgery. Femtosecond laser-assisted techniques have gained popularity for cataract surgeries over the past decade. The technology is gaining acceptance due to its broad applications and the success in sclera, refractive, and corneal surgeries. It has a precise cutting instrument, which is used during lens fragmentation and capsulorhexis. This technology is used in phacoemulsification equipment. It guides the surgeon to obtain optimal outcomes.
According to the report, one of the major drivers for this market is increasing incidence of cataract and rising older population. There has been a rise in the incidence of ophthalmic disorders among the population worldwide. According to multiple research studies, about 285 million to 290 million people are visually impaired worldwide with 40 million being blind and 247 million having low vision in 2015. Also, 80% of all types of visual impairment can be prevented or cured. The most common ophthalmic disorders include retinal tears or holes, cataract, diabetic retinopathy, open-angle glaucoma, macular degeneration, myopia, hyperopia, and astigmatism.
Further, the report states that one of the major factors hindering the growth of this market is shortage of ophthalmologists. Many eye-related surgical devices use sophisticated technology. Professionals who use these devices need to have high levels of technical expertise and a thorough understanding of device mechanism for effective use.
About Ophthalmic Femtosecond Lasers
Femtosecond laser belongs to the category of ultrafast and ultrashort lasers. A femtosecond laser releases optical pulses every 10-15 seconds. The generation of short pulses is achieved using the passive mode-locking technique, which is used for generating pulses of light in extremely short duration (picosecond or femtosecond durations). The popularity of femtosecond lasers is rising among ophthalmologists as these devices help in simplifying and avoiding complex processes of open surgeries. The femtosecond laser uses ultrashort infrared laser pulses that are applied predictably and precisely with minimal collateral tissue damage to make it an ideal laser for highly precise ophthalmic surgeries.
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Covered in this report
The report covers the present scenario and the growth prospects of the global ophthalmic femtosecond lasers market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of ophthalmic femtosecond lasers.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Global Ophthalmic Femtosecond Lasers Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Abbott Medical Optics
Alcon
Bausch & Lomb
Carl Zeiss Meditec
Ziemer Ophthalmic Systems
Other prominent vendors
KM Labs
LENSAR
Menlo Systems
Onefive
TOPTICA Photonics
Market driver
Increasing incidence of cataract and rising older population
For a full, detailed list, view our report
Market challenge
Shortage of ophthalmologists
For a full, detailed list, view our report
Market trend
Increased popularity of femtosecond laser-assisted cataract surgery
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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