Ophthalmic Lasers Market Size, Growth Analysis Report, Forecast to 2030

 The Global Ophthalmic Lasers Market is expected to grow at a moderate 5.4% CAGR from US$ 884.3 Mn in 2022 to US$ 1.3 Bn by 2030.
Ophthalmic Lasers
Ophthalmic Lasers


Technological advancements have deeply penetrated every facet of the healthcare industry, and the ophthalmic laser market growth is no exception. Over the years, ophthalmic disorders such as diabetic retinopathy, refractive errors, glaucoma, cataract, and age-related macular degeneration (AMD) have surged exponentially. This has accelerated the demand for advanced surgical procedures.

The introduction of ophthalmic laser surgery has revolutionized ophthalmic care in unprecedented ways. The majority of these technologies are being deployed in cataract surgeries, attributed to the disorder’s widespread prevalence across all continents. Advancements such as femtosecond laser surgeries have proven highly instrumental in streamlining ophthalmic procedures, offering lightning-speed detection of faulty tissues.

Such reduced detection and treatment timeframes act as major growth catalysts for the global ophthalmic lasers market, which is anticipated to reach a value of US$ 1.3 Bn by 2030.

Consumers have long placed high importance on keeping good eye health in order to preserve their vision. The market size for ophthalmic laser machines is expanding, providing attractive prospects for ophthalmic laser producers thanks to rising spending on keeping good eye health and rising awareness of various ophthalmic disorders.

Growing consumer desire for minimally invasive laser treatments and the quick expansion of the eye infection treatment market has a significant impact on ophthalmic laser sales.

Ophthalmic lasers are special treatments used to repair damaged corneas and treat disorders that might impair vision, including glaucoma, macular degeneration, and diabetic retinopathy. Due to their safe, precise, and accurate character, they have grown to be highly sought-after goods utilized in surgical treatment for a variety of eye problems.

As diabetes incidence increases globally, there has been a noticeable increase in the number of prevalent ocular problems over the past few years, including cataracts, glaucoma, and others. During the projected period, this is anticipated to offer a favorable environment for the leading producers of ophthalmic laser devices.

The market for ophthalmic laser devices is therefore growing as there is a growing preference for safe and efficient techniques like laser vision correction (LVC) to do away with the necessity for glasses or contact lenses.

During the evaluation period, it is also anticipated that the market for laser therapy equipment would thrive and that the popularity of minimally invasive surgeries will increase.

Ophthalmic laser sales made up around 41% of the US$ 2.0 Billion global market for laser therapy equipment in 2021, according to Future Market Insights (FMI).

Access Full Report: https://www.futuremarketinsights.com/reports/ophthalmic-lasers-therapeutic-market

Leading producers of ophthalmic lasers are anticipated to spend more on improved product designs and technological advancements in order to offer ophthalmologists cutting-edge products for use in routine ocular procedures. Due to this, demand for ophthalmic laser equipment will increase during the ensuing time.

Ophthalmic Lasers Market- Key Highlights

  • Ophthalmic lasers market shall expand steadily at a CAGR of 5.4% from 2022-2030
  • Cataract surgeries shall account for the majority share of the global ophthalmic lasers market
  • Femtosecond laser surgery to hold maximum sway throughout the forecast period
  • North America shall retain market hegemony, owing to increasing regulatory approvals for laser surgeries by authorities
  • Asia & Europe to contribute nearly identical revenue shares due to rise in surgeries amidst their geriatric population

 “Vendors in the ophthalmic lasers landscape are striving to introduce novel product lines, equipped with multi-frequency selection modes to reduce exposure to intense laser bursts, preventing healthy tissue damage,” infers the FMI analyst.

 

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