PUBLISHER: The Business Research Company | PRODUCT CODE: 1546518
PUBLISHER: The Business Research Company | PRODUCT CODE: 1546518
A laser eye shield is a protective device used during medical procedures involving lasers, particularly those targeting the eyes, to prevent inadvertent exposure to laser light that can damage the retina and other sensitive eye structures.
The main types of laser eye shields include autoclavable and single-use varieties. Autoclavable shields are designed to withstand autoclave sterilization, making them reusable for multiple procedures in clinical settings. This ensures cost-effectiveness and infection control while safeguarding the eyes from direct laser exposure, thereby ensuring safety and precision during laser procedures. These shields are made from materials such as polymers, glass, and silicone, catering to various applications in cosmetic, therapeutic, and surgical procedures. Laser eye shields are used in hospitals, clinics, and personal care settings.
The laser eye shield market research report is one of a series of new reports from The Business Research Company that provides laser eye shield market statistics, including the laser eye shield industry's global market size, regional shares, competitors with a laser eye shield market share, detailed laser eye shield market segments, market trends and opportunities, and any further data you may need to thrive in the laser eye shield industry. This laser eye shield market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The laser eye shield market size has grown rapidly in recent years. It will grow from $1.87 billion in 2023 to $2.16 billion in 2024 at a compound annual growth rate (CAGR) of 15.3%. The growth in the historic period can be attributed to several factors, improvements in comfort and effectiveness of laser eye shields, increasing demand for premium-quality shields, rising healthcare spending, higher frequency of laser-based cosmetic and corrective eye procedures, and rapidly urbanizing demographics.
The laser eye shield market size is expected to see rapid growth in the next few years. It will grow to $3.84 billion in 2028 at a compound annual growth rate (CAGR) of 15.5%. The growth in the forecast period can be attributed to several factors, increasing demand for temperature-regulating laser eye shields, a growing emphasis on ergonomic and lightweight designs, rising demand within the aesthetic industry, increasing focus on infection control, and heightened attention to cleanliness in medical settings. Major trends expected during this period include advancements in laser technology, development of intelligent shield designs, geographical expansion initiatives, mergers and acquisitions, and ongoing technological advancements in laser eye shield design.
The growth of the laser eye shield market is driven by the increasing prevalence of eye-related diseases. These encompass a wide range of conditions affecting the eyes and vision, impacting structures such as the cornea, retina, lens, optic nerve, and surrounding tissues. Factors contributing to higher disease rates include aging populations, prolonged screen use, lifestyle changes, and chronic health issues such as diabetes. Laser eye shields play a crucial role in protecting eyes during laser procedures used to treat various eye conditions. They ensure safety by minimizing exposure of sensitive eye structures such as the retina to laser beams, thereby safeguarding vision and optimizing treatment outcomes. For instance, according to data from the Brightfocus Foundation in July 2021, the global incidence of glaucoma, a group of conditions damaging the optic nerve, is projected to rise significantly from 80 million cases in 2021 to 111 million by 2040. This trend underscores the driving force behind the expansion of the laser eye shield market.
Key players in this market are actively innovating with advanced technologies such as proprietary shutter technology. These technologies are integral in ensuring optimal visibility and comfort for users during laser procedures. For example, Sciton Inc., a US-based medical equipment manufacturer, introduced the BBLINK Goggles in September 2021. These goggles feature proprietary shutter technology that automatically adjusts to match the speed of broadband light applications, providing consistent and reliable protection from each flash. This innovation aims to alleviate common issues such as headaches and eye strain associated with intense pulsed light (IPL) protection.
In May 2024, Ultradent Products Inc., another US-based medical equipment manufacturer, acquired Ease-In-Shields from ViewMax Solutions LLC, enhancing its product offerings in laser eye protection. Ease-In-Shields are specialized products designed to shield clinicians' eyes from laser and curing lights, further strengthening Ultradent's position in the laser eye shield market.
Major companies operating in the laser eye shield market are Honeywell International Inc., Gentex Corporation, Thorlabs Inc., Edmund Optics, Revision Military, Hayden Medical Inc., China Daheng Group, LASERVISION GmbH & Co. KG, Sperian Protection Deutschland GmbH & Co KG, Kentek Laser Safety, Univet Optical Technologies Inc., Ophir Optronics Solutions, Aesthetic Group, Oculo PLASTIK Inc., Ambler Surgical Corporation, Medop Sa, Bolle Safety, Laser Safety Industries, Melles Griot B.V., SPIRAL Surgical Co., Marina Medical Instruments Inc., Theia Eye Block
North America was the largest region in the laser eye shield market in 2023. The regions covered in the laser eye shield market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the laser eye shield market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The laser eye shield market consists of sales of non-adhesive silicone shields, disposable laser eye shields, and reusable laser eye shields. Values in this market are 'factory gate' values, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Laser Eye Shield Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on laser eye shield market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for laser eye shield ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The laser eye shield market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
The impact of higher inflation in many countries and the resulting spike in interest rates.
The continued but declining impact of COVID-19 on supply chains and consumption patterns.