Ophthalmic Laser Market Report: Trends, Forecast and Competitive Analysis to 2030

Ophthalmic Laser Trends and Forecast

The future of the global ophthalmic laser market looks promising with opportunities in the hospital, ambulatory service center, and eye clinic markets. The global ophthalmic laser market is expected to reach an estimated $1.8 billion by 2030 with a CAGR of 4.5% from 2024 to 2030. The major drivers for this market are growing prevalence of ophthalmic disorders, increase in geriatric population, and rising regulatory approvals for ophthalmic lasers.

A more than 150-page report is developed to help in your business decisions.

Ophthalmic Laser by Segment

The study includes a forecast for the global ophthalmic laser by product type, application, end use, and region.

Ophthalmic Laser Market by Product Type [Shipment Analysis by Value from 2018 to 2030]:

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

Ophthalmic Laser Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Refractive Error Correction
• Cataract Removal
• Glaucoma Treatment
• Others

Ophthalmic Laser Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• Hospitals
• Ambulatory Service Centers
• Eye Clinics
• Others

Ophthalmic Laser Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Ophthalmic Laser Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies ophthalmic laser companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the ophthalmic laser companies profiled in this report include-

• Alcon Laboratories
• Abbott Medical Optics
• Carl Zeiss Meditec
• Bausch & Lomb
• Ellex Medical Lasers

Ophthalmic Laser Market Insights

Lucintel forecasts that femtosecond lasers is expected to witness the highest growth over the forecast period due to growing prevalence of refractive errors and cataract and technological advancements in femtosecond lasers.

Within this market, hospital will remain the largest segment due to rising number of hospitals and emergence of new and advanced technologies in the hospitals.

North America will remain the largest region over the forecast period due to growing prevalence of ophthalmic disorders and chronic diseases and existence of major players.

Features of the Global Ophthalmic Laser Market

Market Size Estimates: Ophthalmic laser market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Ophthalmic laser market size by product type, application, end use, and region in terms of value ($B).

Regional Analysis: Ophthalmic laser market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different product types, applications, end uses, and regions for the ophthalmic laser market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the ophthalmic laser market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the ophthalmic laser market size?

Answer: The global ophthalmic laser market is expected to reach an estimated $1.8 billion by 2030.

Q2. What is the growth forecast ophthalmic laser market?

Answer: The global ophthalmic laser market is expected to grow with a CAGR of 4.5% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the ophthalmic laser market?

Answer: The major drivers for this market are growing prevalence of ophthalmic disorders, increase in geriatric population and rising regulatory approvals for ophthalmic lasers.

Q4. What are the major segments for ophthalmic laser market?

Answer: The future of the ophthalmic laser market looks promising with opportunities in the hospital, ambulatory service center, and eye clinic markets.

Q5. Who are the key ophthalmic laser market companies?

Answer: Some of the key ophthalmic laser companies are as follows.

• Alcon Laboratories
• Abbott Medical Optics
• Carl Zeiss Meditec
• Bausch & Lomb
• Ellex Medical Lasers

Q6. Which ophthalmic laser market segment will be the largest in future?

Answer: Lucintel forecasts that femtosecond lasers is expected to witness the highest growth over the forecast period due to growing prevalence of refractive errors and cataract and technological advancements in femtosecond lasers.

Q7. In ophthalmic laser market, which region is expected to be the largest in next 5 years?

Answer: North America will remain the largest region over the forecast period due to growing prevalence of ophthalmic disorders and chronic diseases and existence of major players.

Q8. Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the ophthalmic laser market by product type (femtosecond lasers, excimer lasers, nd:yag lasers, diode lasers, and others), application (refractive error correction, cataract removal, glaucoma treatment, and others), end use (hospitals, ambulatory service centers, eye clinics, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?