Global Ophthalmic Medical Lasers Market Trends And Strategies Of Major Players In The Ophthalmic Medical Lasers Market 2021-2030

The ophthalmic medical lasers market consists of sales of ophthalmic medical lasers and related services by companies that manufacture them. Ophthalmic medical lasers are used for the pain-free treatment of diseases related to the eyes.

Global Ophthalmic Medical Lasers Market Size And Drivers:

The global ophthalmic medical lasers market is expected to grow from $1.09 billion in 2020 to $1.14 billion in 2021 at a compound annual growth rate (CAGR) of 4.6%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $1.41 billion in 2025 at a CAGR of 5%. The rising incidence of ocular disorders is driving the demand for ophthalmic medical lasers market.

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Trends In The Global Ophthalmic Medical Lasers Market

Companies are investing in manufacturing devices that incorporate next-generation technology to treat ocular diseases. Following the trend, in October 2019, Norlase had entered the ophthalmic market with a new single spot laser called LEAF, which is an ultra-compact green laser photocoagulator. Similarly, in June 2018, ZEISS a medical technology business group has released a next-generation VISULAS green photocoagulation that helps enhance the experience of the clinician. In Feb 2020, IRIDEX Corporation, an innovative ophthalmic laser-based medical products provider for the treatment of glaucoma and retinal diseases has launched the second generation of the MicroPulse P3® Device that gives greater stability, visualization, coupling, and fit.

Global Ophthalmic Medical Lasers Market Segments:
The global ophthalmic medical lasers market is further segmented –
By Product: Diode Lasers, Femtosecond Lasers, Excimer Lasers Aromatherapy, ND: Yag Lasers, Others
By End User: Hospitals, Specialty Clinics and Ambulatory Surgery Centres
By Application: Refractive Error Correction, Cataract Removal, Diabetic Retinopathy, Glaucoma, Age-Related Macular Degeneration, Others
By Geography: The global ophthalmic medical lasers market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

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Ophthalmic Medical Lasers Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides ophthalmic medical lasers market overviews, analyzes and forecasts market size and growth for the global ophthalmic medical lasers market, ophthalmic medical lasers market share, ophthalmic medical lasers market players, ophthalmic medical lasers market segments and geographies, ophthalmic medical lasers market’s leading competitors’ revenues, profiles and market shares. The ophthalmic medical lasers market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.