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Ophthalmic Lasers Market to be valued at US$ 697.1 Mn by 2026

Increasing awareness and demand for non-invasive treatment coupled with the rising graph of ophthalmic diseases and disorders is the prime growth driver of the global ophthalmic lasers market. According to the latest estimates of the Glaucoma Research Foundation, an estimated 3 million Americans suffer from glaucoma, accounting for 9% to 12% of all cases of blindness and reflecting more than 120,000 cases. According to the World Health Organization, glaucoma is the second leading cause of blindness around the globe after cataract. The worldwide estimates put the total number of glaucoma cases at over 60 million. Thus a large and sustainable market is easily comprehendible, which is affirmed by the fact that glaucoma alone accounts for over 10 million visits to ophthalmologist each year.<br><br>

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Ophthalmic Lasers Market to be valued at US$ 697.1 Mn by 2026

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  1. Ophthalmic Lasers Market to be valued at US$ 697.1 Mn by 2026 Healthcare, Pharmaceuticals & Medical Devices October 2016 Report Id : REP-GB-1529 Status : Publish Category : Healthcare, Pharmaceuticals & Medical Devices ©2015 Future Market Insights, All Rights Reserved

  2. About Future Market Insights Future Market Insights (FMI) is a premier provider of syndicated research reports, custom research reports, and consulting services. We deliver a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights,aerial view of the competitiveframework,and future markettrends. We provide research services at a global as well as regional level; key regions include GCC, ASEAN, and BRIC. Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy, Technology,Healthcare, and Retail. We have a global presence with delivery centers across India specializing in providing global research reports and country research reports. FMI is headquartered out of London, U.K., with a state-of-the-art delivery center located in Pune, India. We combine our knowledge and learning from every corner of the world to distill it to one thing– the perfect solutionfor our client. Research Capabilities Sector Coverage             Customized Research Syndicated Research Investment Research Social Media Research Automotive and Transportation Electronics, Semiconductor, and ICT Retail and Consumer Products Industrial Automation and Equipment Chemicals & Materials Food and Beverages Services and Utilities Energy, Mining, Oil, and Gas Customized Research Subscription Information Syndicated Research For detailed subscription information please contact Hari. T (Sr. Manager - Global Business Development) Investment Research T: +44 (0) 20 7692 8790 | D: +44 20 3287 4268 Email: hari.t@futuremarketinsights.com Social Media Research ©2015 Future Market Insights, All Rights Reserved 2

  3. Research Methodology (1/2) Systematic Research Approach 1 In-depth secondary research is used to ascertain overall market size, top industry players, top products, industry associations, etc. Research & Intelligence Data Collection Data Filter & Analysis Actionable Insights Business Solution Market profiling 2 PMR formulates a detailed discussion guide to conduct expert and industry interviews     Identifying key opinion leaders Questionnaire design In-depth interviews Coverage across value chain Formulating discussion guide 3 A PMR develops a list of industry players (manufacturers), distributors, retailers and industry experts Primary Research       Key industry experts Channel study Developments Market dynamics Products Conclusions Developing list of respondents B 4 PMR conducts interviews with industry experts, industry players, distributors and retailers SOLUTION Desk Research Data collection      Market participants Key strengths Product portfolio Mapping as per value chain Key focus segments C Company Analysis Data is validated by triangulation method, wherein secondary, primary and PMR analysis contribute to the final data 5 Data validation 6 Data is scrutinized using MS-Excel to obtain qualitative and quantitative insights about the industry Data analysis Primary Research# Secondary Research # Paid Publications#           Linkedin Zoominfo Salesforce Avention Company websites Company annual reports White papers Financial reports Factiva GBI Genios Meltwater 7 PMR delivers industry insights and information in the required format (PDF) Insights   # includes sources of databases ©2015 Future Market Insights, All Rights Reserved 3

  4. Ophthalmic Lasers Market Analysis Increasing awareness and demand for non-invasive treatment coupled with the rising graph of ophthalmic diseases and disorders is the prime growth driver of the global ophthalmic lasers market. According to the latest estimates of the Glaucoma Research Foundation, an estimated 3 million Americans suffer from glaucoma, accounting for 9% to 12% of all cases of blindness and reflecting more than 120,000 cases. According to the World Health Organization, glaucoma is the second leading cause of blindness around the globe after cataract. The worldwide estimates put the total number of glaucoma cases at over 60 million. Thus a large and sustainable market is easily comprehendible, which is affirmed by the fact that glaucoma alone accounts for over 10 million visits to ophthalmologist each year. According to a latest report by Future Market Insights (FMI), the global ophthalmic lasers market is projected to account for over US$ 697.1 Mn, in terms of value, by 2026 end. The report on the global ophthalmic lasers market further projects significant growth potential with average year-on-year growth rate pegged at 3.7% through 2026 at a significant CAGR of 4.8%. Request Sample Report@ https://www.futuremarketinsights.com/reports/sample/rep-gb-1529 ©2015 Future Market Insights, All Rights Reserved 4

  5. Ophthalmic Lasers Market Analysis The increasing risk factors such as ageing, diabetic retinopathy, severe nearsightedness are the demographic drivers of the global ophthalmic lasers market. These risk factors are responsible for the growing prevalence of glaucoma which currently is 2.65% in people above 40 years of age and has resulted in irreversible blindness in about 3 million people globally. According to FMI, based on the disease type, the glaucoma segment accounted for over 42.1% revenue share in the overall ophthalmic lasers market in 2017. The glaucoma segment is expected to grow at an impressive 5.5% CAGR driving the market to greater heights. Diabetic retinopathy segment is expected to account for second large share in the global ophthalmic lasers market. According to the CDC, 4.2 million adults in the U.S. suffer from diabetic retinopathy. The advancement in technology such as the development of advanced lasers with a wider spectrum and range of light emissions suitable for different types of conditions and diseases such as the Nd:YAG laser for acute angle closure glaucoma, and posterior capsular opacification after cataract surgery; frequency double-d green laser for diabetic retinopathy, macular oedema, retinopathy from vein or arterial occlusions, plateau iris syndrome and others are contributing to the growth of the market. Development of technology and frequency modulation have also resulted in smaller footprint in the surgery owing to time reduction exemplified by the femtosecond laser used in corneal and cataract surgery. ©2015 Future Market Insights, All Rights Reserved 5

  6. Ophthalmic Lasers Market Analysis The restraints on the global ophthalmic lasers market are the concerns over the safety and effectiveness of laser therapy. Traditional cataract surgery is recognized as being safe and effective over laser surgery. Laser cataract surgery, is also not covered by most insurance plans, which coupled to greater costs associated with it hampers the growth of the global ophthalmic lasers market. The development of healthcare infrastructure and the advances in ophthalmic imaging coupled with the growing healthcare infrastructure is driving a large market. Growing per capita income and the growing penetration of health insurance is driving a large demand led growth of the global ophthalmic lasers market Asia Pacific is expected to possess a large market equity than the developed regions such as North America and Europe owing to developing economy. Further, the growing economies such as China and India are expected to play a major role in the growth of the Asia Pacific ophthalmic lasers market owing to their large population base. India, alone possess an estimated number of 12 million cases, accounting about one-fifth of the global burden of glaucoma. Increasing geriatric population and rising disposable income in Asia Pacific is expected to surge the demand for advanced ophthalmic lasers products. ©2015 Future Market Insights, All Rights Reserved 6

  7. Ophthalmic Lasers Market Analysis Request to View TOC @ https://www.futuremarketinsights.com/askus/rep-gb-1529 The report tracks some of the key companies operating in the ophthalmic lasers market, such as Ellex Medical PTY Ltd., NIDEK CO., LTD., Novartis AG, Lumenis Ltd., Topcon Corporation, Quantel SA, and IRIDEX Corporation, among others. Most of the companies have adopted product development as a strategy to gain maximum market share. Click here to Order a free sample ©2015 Future Market Insights, All Rights Reserved 7

  8. To know more about us, please visit our website: www.futuremarketinsights.com For sales queries or new topics email us on: sales@futuremarketinsights.com For media queries, contact the press office at press@futuremarketinsights.com For other queries contact: Hari. T (Sr. Manager - Global Business Development) Future Market Insights: 3rd Floor, 207 Regent Street, London W1B 3HH T: +44 20 7692 8790 | D: +44 20 3287 4268 Email: hari.t@futuremarketinsights.com Future Market Insights Global & Consulting Private Limited (FMI) Thank You ©2015 Future Market Insights, All Rights Reserved 8

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