The Global Excimer & Femtosecond Ophthalmic Lasers Market size was valued at USD 8.9 billion in 2018 and is projected to reach around USD 14.0 billion by 2028, growing at a CAGR of 5.1% during the forecast period (2021-2028). The market growth can be attributed to factors such as increasing awareness among people on eye care, rising prevalence of cataract blindness across the globe, technological developments in excimer laser devices for various applications including refractive surgery and cataract surgery.
Excimer & Femtosecond Ophthalmic Lasers can be defined as the source of light for the purpose of photorefractive surgery. It can be classified as a device that has been designed to produce an intense, coherent beam having a short wavelength in order to alter or readjust refraction errors of the eye by the use of laser therapy. The Excimer & Femtosecond Ophthalmic Lasers is mainly used for cataract removal and corneal transplantation procedure.
On the basis of Types, the market is segmented into Excimer Laser, Femtosecond Ophthalmic Laser. The market is expected to register significant growth in the femtosecond ophthalmic laser segment due to its usage for corneal transplantation procedures and other applications such as diagnostics, capsulotomy, and trabeculoplasty.
An excimer laser is a type of laser that has been used in ophthalmology and dermatology for many years. It works by removing tissue with the use of oxygen, nitrogen, or carbon gases as an excitation medium. These are also known as gas lasers and belong to a general group called argon-ion lasers. The way this process occurs is through photodissociation which breaks down molecular bonds between atoms so they can be removed from living cells without harming them.
Femtosecond Ophthalmic Laser is a new laser technology that was developed to provide benefits of the Excimer and Intense Pulsed Light (IPL) technologies but without some of their drawbacks. Femtosecond lasers are used for many ophthalmological procedures like cataract surgery, retinal disease treatment, corneal transplantation, or diagnosis.
The femtosecond laser uses light pulses with a duration in the range from 0.001–0.002 seconds which allows less tissue damage than traditional lasers because they avoid thermal injury by heating up cells slower than other laser types.
On the basis of Application, the market is segmented into Refractive Surgery, Cataract Surgery, Capsulotomy, Trabeculoplasty, and Diagnostics.
Excimer lasers can be used in the following ways-
Femtosecond ophthalmic laser is a newer technology that enables surgeons to perform cataract surgery without using an incision on the eye’s exterior, which could lead to infections. It has been found that this technology offers improved safety with less disruption during surgery and it results in less post-operative pain than conventional techniques.
A capsulotomy is a surgical procedure to open the capsule of an eye, which involves removing pieces of it using a laser. The process may also be known as capsular stripping or anterior capsular cataract surgery (ACCS). This technique is used in many intraocular lenses implantation procedures and can help with the placement inside the eye without damaging delicate tissues.
Excimer lasers are often implemented for this purpose because they have high-energy photons that can remove superficial layers from hard materials due to their short wavelength. Femtosecond ophthalmic lasers are not typically used during Capsulotomy because they operate at lower power levels than excimer lasers.
Trabeculoplasty is a surgical procedure used to treat glaucoma by decreasing the pressure inside the eye. It may involve cutting and removing part of semi-transparent tissue in order to decrease fluid production or reduce abnormal meshwork on the surface, often both.
Trabeculectomy can also be done through an incision made underneath one eyelid (subconjunctival). The excimer laser can be utilized as a treatment for trabeculoplasty where it has been shown that its use reduces intraocular pressure after surgery indicating that there are fewer drainage channels blocked preventing fluids from escaping which therefore decreases pressure on the retina cells resulting in lowering retinal edema postoperatively.
Excimer and femtosecond lasers are the most commonly used in ophthalmic diagnostics. They are also widely used to test for corneal disorders, such as keratoconus or cataract-related changes, which cause defects on the surface of the cornea.
On the basis of Region, the market is segmented into North America, Europe, Asia Pacific, and Middle East & Africa. The North American market accounted for the largest share and is mainly driven by the increasing number of cataract surgeries, growth in the eye care sector, and favorable Medicare reimbursement policies offered to ophthalmic surgeons.
The Asia Pacific is estimated to grow significantly by 2028 owing to factors like rising geriatric population base leading to an increased incidence rate of age-related diseases such as glaucoma, diabetic retinopathy, and macular degeneration; growing awareness about laser surgery among consumers; rapid adoption of emerging technologies that offer faster postoperative recovery time and improved visual outcomes
The increasing prevalence of refractive errors such as myopia, hypermetropia, and astigmatism is driving the need for ophthalmic lasers in the market. Large aging populations present a potential growth opportunity for excimer laser manufacturers. As more people are suffering from cataract-related vision problems they may seek treatment that can correct their condition through surgery or other procedures using an excimer laser.
Up Market Research published a new report titled “Excimer amp Femtosecond Ophthalmic Lasers Market research report which is segmented by Types (Excimer Laser, Femtosecond Ophthalmic Laser), By Applications (Refractive Surgery, Cataract Surgery, Capsulotomy, Trabeculoplasty, Diagnostics), By Players/Companies Abbott Medical Optics, Inc., Alcon Inc. (Novartis AG), Bausch & Lomb Incorporated, LENSAR, LLC, NIDEK CO., LTD, IVIS Technologies, ZEISS International, Ziemer Ophthalmic Systems AG, CHWIND eye-tech-solutions GmbH & Co. KG”.
|Excimer amp Femtosecond Ophthalmic Lasers Market Research Report
|Excimer Laser, Femtosecond Ophthalmic Laser
|Refractive Surgery, Cataract Surgery, Capsulotomy, Trabeculoplasty, Diagnostics
|Abbott Medical Optics, Inc., Alcon Inc. (Novartis AG), Bausch & Lomb Incorporated, LENSAR, LLC, NIDEK CO., LTD, IVIS Technologies, ZEISS International, Ziemer Ophthalmic Systems AG, CHWIND eye-tech-solutions GmbH & Co. KG
|North America, Europe, APAC, Latin America, MEA
|2018 to 2019 (Data from 2010 can be provided as per availability)
|Number of Pages
|Number of Tables & Figures
|Yes, the report can be customized as per your need.
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Type Excimer Laser, Femtosecond Ophthalmic Laser and By Application Refractive Surgery, Cataract Surgery, Capsulotomy, Trabeculoplasty, Diagnostics.
Some of the companies that are profiled in this report are:
Excimer amp Femtosecond Ophthalmic Lasers Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
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Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Excimer amp Femtosecond Ophthalmic Lasers Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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