Ophthalmic lasers are medical devices allowing precise treatment of severe eye problems. They offer stimulated emission and essentially work on the principle of optical amplification. Ophthalmic lasers are increasingly used for the treatment of ocular diseases owing to its safety and precision requirements. The global ophthalmic lasers market is mainly driven by an increase in number of people suffering from diseases such as glaucoma and cataract. There have been significant developments in the ophthalmic lasers arena to ease the treatment and offer better results.
On the basis of applications the global ophthalmic lasers market can be fragmented into diabetic retinopathy, cataract surgery, refractive corrections, glaucoma, and other ophthalmic diseases. The global ophthalmic lasers market is expected to grow at a CAGR of 4.60% during the forecast period.
Next Generation Ophthalmic Lasers to Offer a Choice of Single or Dual Fiber Ports
The next generation ophthalmic lasers developed by Zeiss Visuals offer a better user interface with user-specific treatment protocols. These lasers are available in classic and comfort models. They offer a liberty to choose from single or dual fibre ports and equip the doctor to monitor important treatment settings directly from the eyepiece. This offers a seamless and convenient treatment experience with minimal chances of infections. In addition to this, it offers an automated parameter summary after the treatment.
The new technological advancements in the space of ophthalmology have led to an increase in its end-use applications. Ophthalmic clinics have greatly contributed to the expansion of the global ophthalmic lasers market.
Optical Coherence Tomography to Increase the Precision of Eye Surgeries
Optical Coherence Tomography is one of the most prominent technological progressions in the ophthalmic lasers industry. It is a medical imaging technique that captures micrometer resolution two and three dimensional images. It offers an evaluation of retinal abnormalities and has significantly enhanced the precision of ophthalmic laser surgeries. This technology can be employed in numerous applications in ophthalmology. In addition to this, the technology also assists in the diagnosis of coronary heart diseases.
Increasing Approvals for Eye Lasers to Favourably Impact the Market
The rising need for minimally invasive diseases has bolstered the growth of global ophthalmic lasers market. Furthermore, a growing geriatric population and the rising incidences of chronic eye diseases have contributed to the market’s growth. In addition to this, an increasing awareness about healthcare and the benefits of early diagnosis has driven the market’s growth too.
Governments of several developed economies are taking initiatives to spread awareness regarding the benefits of ophthalmic lasers. This has greatly encouraged people to opt for ophthalmic lasers for surgical treatments, thereby, contributing to an expansion of the market. Further, an increase in the number of regulatory approvals for eye lasers has driven the market’s growth too.
On the downside, lack of skilled labor and affordability may hinder the global ophthalmic lasers market. However, researchers are working on enhancing the precision of ophthalmic surgeries. Furthermore, manufacturers are devising strategies to make the treatments cost efficient. This will contribute to an increase in end user applications of ophthalmic lasers and enhance its consumer base.
North America is expected to dominate the global ophthalmic lasers market owing to high expenditure on healthcare facilities. Moreover, an increase in number of people with ophthalmic issues has also led to the market’s growth in North America.
The prominent players in the market such as Carl Zeiss Meditec AG and NIDEK Co. Ltd. are focusing on new product launches to strengthen their position in the market. The global ophthalmic lasers market is expected to see tremendous expansions over the coming years with an increase in focus on research and development activities.
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