Ophthalmic lasers are used for treatment of wide range of eye problems. Significant accuracy, low-cost, safe procedure, and convenient ophthalmic tools has increased the demand for ophthalmic lasers. Patients prefer ophthalmic lasers treatment due to pain free procedures and easy availability on an outpatient basis.
The main constituents of an ophthalmic laser system include foot pedal, laser console, and laser delivery system. The laser energy is transmitted to the patient’s eye by varied delivery systems, which are connected to the console by a fiber optic cable, an operating microscope, a slit lamp or an indirect ophthalmoscope. Ophthalmologists and eye surgery devices manufacturers are studying on medical uses of lasers, from cataract surgery to diagnostic retinal imaging.
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According to World Health Organization (WHO), in 2010, around 39 million people were blind among 285 million visually impaired people. The World Health Assembly has approved Action Plan 2014–2019 for the universal access to eye health, a pathway for Member States, WHO Secretariat, and International Partners, with the aim of achieving a reduction of around 25% of visual impairments by 2019.
Increasing population suffering from age related macular degeneration are expected to fuel growth of the ophthalmic lasers market
Lack of healthcare facilities in emerging countries and aversion in population for laser surgery are the factors hindering growth of the ophthalmic lasers market. According to International Council of Ophthalmology, in 2012, around 12,000 ophthalmologists were accounted for over 1 billion population, coming down to a ratio of 1 ophthalmologist for every 90,000 people in India.
Rapid advancement in technology is expected to drive growth of the ophthalmic lasers market
The global ophthalmic lasers market is segmented on the basis of laser type, applications, end user, and geography. New technologies like Lasik and Intra Lasik are expected to drive the growth of the market.
On the basis of laser type, the global ophthalmic lasers market is segmented into:
Nd: YAG Laser
Frequency Doubled Green Laser
On the basis of application, the global ophthalmic lasers market is segmented into:
Macular Degeneration (AMD)
On the basis of end user, the global ophthalmic lasers market is segmented into:
Ambulatory Surgical Centers
Regional segmentation of the ophthalmic lasers market by Coherent Market Insights comprises, North America, Europe, Latin America, Asia Pacific, Middle East, and Africa. North America is expected to hold a dominant position in the global ophthalmic lasers market. This is mainly owing to presence of key players such as Abbott Medical Optics and Iridek Corporation, which are focusing on research and development and availability of adequate number of ophthalmologists.
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Key players operating in the ophthalmic lasers market are IMRA America, Inc., Newport Corporation, Abbott Medical Optics, Alcon, Bausch & Lomb, Carl Zeiss Meditec, and Ziemer Ophthalmic Systems, Optotek, Nidek, Schwind, Lumenis.
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