Rising Demand for European Ophthalmic Lasers Market Key Players, Growth Analysis during 2019-2025
European ophthalmic lasers market is growing at a CAGR of 5.4% during the forecast period. The demand for ophthalmic lasers in Europe is driven by increasing cataract and glaucoma patients. Moreover, increasing awareness regarding ophthalmic disorders and improving healthcare infrastructure is also contributing to market growth. Several ophthalmic laser procedures can be performed on an outpatient basis and are relatively pain-free. The combination of significant accuracy and safety make lasers highly useful ophthalmic tools. However, the lasers require to be used accurately and safely during the procedure to prevent hazards and accidental exposure to laser beams. Hence, highly skilled professionals are required who can effectively operate a laser device.
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The major factors that are
encouraging the adoption of ophthalmic lasers include increasing prevalence of
glaucoma and cataract, technological innovations in ophthalmic laser technology
and significant growth in the geriatric population base. According to the
United Nations (UN), in 2015, 1 in 8 people Europeanly was aged 60 years and
older. During the period 2015 and 2030, the people aged 60 years and older is
anticipated to grow by 56%, from 901 million to 1.4 billion. Among the elderly
population, vision loss is a major healthcare concern.
The European ophthalmic lasers
market is segmented on the basis of type, application, and end-user. Based on
the type, the market is further classified into SLT laser, Nd: YAG laser,
excimer laser, femtosecond laser, cyclodiode laser, and others. There are
multiple applications for Nd: YAG lasers and are most commonly used for the
treatment of posterior capsular opacification after cataract surgery. Other
applications comprise the treatment of recurrent vitreous floaters and corneal
erosions. Additionally, based on application, the market is further classified
into cataract surgery, refractive surgery, AMD, cornea transplant surgery,
glaucoma surgery, diabetic retinopathy, and others. Based on end-user, the
market is further classified into hospitals, clinic and ambulatory surgical
centers.
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European Ophthalmic Lasers Market Segmentation
By Type
·
Excimer Laser
·
Femtosecond Laser
·
Cyclodiode Laser
·
Nd: YAG Laser
·
Selective-Laser-Trabeculoplasty (SLT) Laser
·
Others
By Application
·
Cataract Surgery
·
Glaucoma Surgery
·
Diabetic Retinopathy
·
Refractive Surgery
·
Age-Related Macular Degeneration (AMD)
·
Cornea Transplant Surgery
·
Others
By End-User
·
Hospital
·
Clinic
·
Ambulatory Surgical Center
REGIONAL ANALYSIS
·
UK
·
Germany
·
Italy
·
Spain
·
France
Rest of Europe
COMPANY PROFILES
·
A.R.C. Laser GmbH
·
Bausch & Lomb, Inc.
·
Boston Scientific Corp.
·
Carl Zeiss Meditec AG
·
Ellex Medical Lasers, Ltd.
·
Johnson & Johnson, Service Inc.
·
Meridian AG
·
NIDEK Co., Ltd.
·
NoIR Laser Company, LLC.
·
Novartis International AG
·
Optotek d. o. o.
·
Quantel Medical
·
SCHWIND Eye Tech Solutions GmbH
·
Topcon Medical Systems, Inc.
·
Ziemer Ophthalmic Systems AG
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