Ophthalmic Lasers Market by Product Type (Femtosecond Lasers, Excimer Lasers, Nd:YAG Lasers, Diode Lasers, and Other Lasers), Application (Refractive Error Correction, Cataract Removal, Glaucoma Treatment, Diabetic Retinopathy Treatment, AMD Treatment, and Other Applications), & End User (Hospitals and Clinics and Ambulatory Surgery Centers (ASCs) - Global Forecast to 2021

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Date: 13-Oct-2016
No. of pages: 149
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The ophthalmic lasers market is projected to reach USD1,245.4 million by 2021 from USD 970.2 million in 2016, at a CAGR of 5.1%.

Increasing prevalence of ophthalmic disorders, increasing prevalence of chronic disorders, rising geriatric population, increasing regulatory approvals, and increasing initiatives to prevent vision impairment are some factors driving the growth of the global ophthalmic lasers market. On the other hand, high cost of the equipment and therapies is expected to restrain the growth of the market. However, increasing number of hospitals and clinics in emerging economies such as China, India, and Pacific countries are providing growth opportunities for the ophthalmic lasers market.

Fem to second lasers have automatized many steps performed manually during laser vision correction and cataract surgery. These lasers have increased the precision and safety of the both vision correct and cataract surgeries. Thus, this segment is expected to grow at the highest CAGR during the forecast period and is projected to have largest market size in 2016.

The cataract removal segment is expected to grow at the highest CAGR during forecast period, due to increasing prevalence of cataract resulting from the rising geriatric population. Furthermore, refractive error correction segment will have largest market size in 2016, due to the factors such as high patient pool and technical advancements resulting in better clinical outcomes when compared to use of visual aids such as spectacles and contact lens.

In 2016, North America is expected to account for the largest share of the global ophthalmic lasers market, followed by Europe, Asia-Pacific, and Rest of the World (RoW). North America’s large share is attributed to the increasing prevalence of ophthalmic disorders, rising prevalence of chronic diseases, and increasing regulatory approvals. In the coming years, the ophthalmic lasers market is expected to witness the highest growth in the Asia-Pacific region, with emphasis on India, China, and Japan. This can be attributed to factors such as high prevalence of ophthalmic disorders, introduction of initiatives for prevention of blindness and treatment projects for various ophthalmic disorders, and rising aging population.

The market witnesses high competitive intensity, as there are several big and many small firms with similar product offerings. These companies adopt various strategies (expansions; new product launches; marketing and promotion; agreements, collaborations, contracts, partnerships, and joint ventures; funding; acquisitions; patent grants, website launches, and product enhancement)to increase their market shares and establish a strong foothold in the global ophthalmic lasers market.   

In-depth interviews were conducted with CEOs, Sales and Marketing Directors, other innovation and technology directors, and executives from various key organizations operating in the ophthalmic lasers market.


  • By Company Type: Tier 1: 50%, Tier 2: 42%, Tier 3: 8%

  • By Designation: Director-level: 58%, C-level: 25%, Others: 17%

  • By Region: North America: 46%, Europe: 31%, APAC: 15%, RoW: 8%


The report includes the study of key players offering ophthalmic lasers such asAlcon Laboratories, Inc.(U.S.), Abbott Medical Optics, Inc. (U.S.), Carl Zeiss Meditec AG (Germany), Bausch &Lomb Incorporated(U.S.), Ellex Medical Lasers Limited (Australia), Topcon Corporation (Japan), Ziemer Ophthalmic Systems AG (Switzerland), IRIDEX Corporation (U.S.), NIDEK Co., Ltd.(Japan), and Lumenis Ltd. (Israel).

Reasons to Buy the Report:

The report will enrich both established firms as well as new entrants/smaller firms to gauge the pulse of the market, which in turn helps firms to garner a greater market share. Firms purchasing the report could use any one or a combination of the below-mentioned five strategies (market penetration, product development/innovation, market development, market diversification, and competitive assessment) for strengthening their market shares.

The report provides insights on the following pointers:


  • Market Penetration: Comprehensive information on the products and services offered by top players in the ophthalmic lasers market. The report analyzes the ophthalmic lasers market by product type, application, and end user.

  • Product Development/Innovation: Detailed insights on upcoming technologies, research and development activities, and new product launches in the ophthalmic lasers market

  • Market Development: Comprehensive information about lucrative emerging markets.

  • Market Diversification: Exhaustive information about new products, untapped regions, recent developments, and investments in the ophthalmic lasers market

  • Competitive Assessment: In-depth assessment of market shares, strategies, products, and distribution networks of the leading players in the ophthalmic lasers market.

Ophthalmic Lasers Market by Product Type (Femtosecond Lasers, Excimer Lasers, Nd:YAG Lasers, Diode Lasers, and Other Lasers), Application (Refractive Error Correction, Cataract Removal, Glaucoma Treatment, Diabetic Retinopathy Treatment, AMD Treatment, and Other Applications), & End User (Hospitals and Clinics and Ambulatory Surgery Centers (ASCs) - Global Forecast to 2021

Table of Contents

1 Introduction
1.1 Objectives of Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Markets Covered
1.3.2 Years Considered for the Study
1.4 Currency
1.5 Limitations
1.6 Stakeholders

2 Research Methodology
2.1 Research Methodology Steps
2.2 Secondary and Primary Research Methodology
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.2.1 Key Data From Primary Sources
2.2.2.2 Key Insights From Primary Sources
2.2.2.3 Key Industry Insights
2.3 Market Size Estimation Methodology
2.4 Market Data Validation and Triangulation
2.5 Assumptions for the Study

3 Executive Summary
3.1 Introduction
3.2 Conclusion

4 Premium Insights
4.1 Global Market Overview
4.2 Geographic Analysis: Market, By Product
4.3 Geographic Snapshot: Market
4.4 Global Market, By Application (2016 vs 2021)
4.5 Global Market, By End User (2016 vs 2021)

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 High Prevalence of Ophthalmic Disorders
5.2.1.2 Rapid Growth in Geriatric Population
5.2.1.3 Technological Advancements and Increasing Regulatory Approvals for Ophthalmic Lasers
5.2.1.4 Rising Prevalence of Chronic Diseases Such as Diabetes
5.2.1.5 Increasing Initiatives to Control Visual Impairment
5.2.2 Restraint
5.2.2.1 High Cost of Equipment and Therapy
5.2.3 Opportunity
5.2.3.1 Growth Potential Offered By Emerging Economies
5.2.4 Threats
5.2.4.1 Availability of Alternative Therapies
5.2.5 Challenge
5.2.5.1 Unfavorable Reimbursements for Laser Eye Surgeries

6 Ophthalmic Lasers Market, By Product
6.1 Introduction
6.2 Femtosecond Lasers
6.3 Excimer Lasers
6.4 ND:Yag Lasers
6.5 Diode Lasers
6.6 Others

7 Ophthalmic Lasers Market, By Application
7.1 Introduction
7.2 Refractive Error Correction
7.3 Cataract Removal
7.4 Diabetic Retinopathy Treatment
7.5 Glaucoma Treatment
7.6 Age-Related Macular Degeneration Treatment
7.7 Others

8 Ophthalmic Lasers Market, By End User
8.1 Introduction
8.2 Hospitals
8.3 Specialty Clinics and Ambulatory Surgery Centers

9 Ophthalmic Lasers Market, By Region
9.1 Introduction
9.2 North America
9.2.1 U.S.
9.2.1.1 Rising Prevalence of Ophthalmic Disorders in the U.S.
9.2.1.2 Rising Prevalence of Chronic Diseases
9.2.1.3 Increasing Regulatory Approvals in the U.S.
9.2.2 Canada
9.2.2.1 Growing Burden of Ophthalmic Disorders in Canada
9.3 Europe
9.3.1 Germany
9.3.1.1 Increasing Incidence of Severe Blindness and Visual Impairment
9.3.1.2 Increasing Awareness on Laser Therapy
9.3.2 France
9.3.2.1 Medical Tourism in France
9.3.3 Spain
9.3.3.1 Favorable Outlook for Market Growth
9.3.4 Rest of Europe (RoE)
9.3.4.1 Rising Aging Population
9.3.4.2 U.K.: Increasing Burden of Vision Impairment
9.3.4.3 Conferences and Symposiums
9.4 Asia-Pacific
9.4.1 China
9.4.1.1 High Prevalence of Target Diseases
9.4.1.2 Introduction of Blindness Prevention and Treatment Projects
9.4.2 India
9.4.2.1 Increasing Prevalence of Target Conditions in India
9.4.2.2 Rising Aging Population
9.4.3 Japan
9.4.3.1 Increasing Aging Population in Japan
9.4.4 Rest of Asia-Pacific (RoAPAC)
9.4.4.1 Rapid Increase in Refractive Surgeries in South Korea
9.4.4.2 Increasing Prevalence of Visual Impairment and Increasing Government Initiatives to Reduce the Disease Burden in Australia
9.4.4.3 Increasing Prevalence of Vision Impairment in Asia
9.5 Rest of the World
9.5.1 Rising Aging Population & Prevalence of Diabetes

10 Competitive Landscape
10.1 Overview
10.2 Market Share Analysis
10.2.1 Introduction
10.2.2 Alcon Laboratories, Inc.
10.2.3 Abbott Medical Optics, Inc.
10.2.4 Carl Zeiss Meditec AG
10.2.5 Bausch & Lomb Incorporated
10.3 Competitive Situation and Trends
10.3.1 Product Approvals
10.3.2 New Product Launches
10.3.3 Agreements, Alliances, Partnerships, and Collaborations
10.3.4 Acquisitions
10.3.5 Expansions
10.3.6 Others

11 Company Profiles
(Introduction, Products & Services, Strategy, & Analyst Insights, Developments, MnM View)*
11.1 Introduction
11.2 Alcon Laboratories, Inc. (A Novartis AG Company)
11.3 Abbott Medical Optics, Inc. (A Subsidiary of Abbott)
11.4 Carl Zeiss Meditec AG
11.5 Bausch & Lomb Incorporated (A Valeant Pharmaceuticals International, Inc. Company)
11.6 Ellex Medical Lasers Limited
11.7 Topcon Corporation
11.8 Ziemer Ophthalmic Systems AG (A Subsidiary of Ziemer Group Holding AG)
11.9 Iridex Corporation
11.10 Nidek Co., Limited
11.11 Lumenis Ltd. (A XIO Group Company)

*Details on Marketsandmarkets View, Introduction, Product & Services, Strategy, & Analyst Insights, New Developments Might Not Be Captured in Case of Unlisted Companies.

12 Appendix
12.1 Discussion Guide
12.2 Company Developments
12.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
12.4 Introducing RT: Real-Time Market Intelligence
12.5 Available Customizations
12.6 Related Reports

List of Tables

Table 1 Some Recent Product Approvals in the Ophthalmic Lasers Market Have Been Mentioned Below
Table 2 Ophthalmic Lasers Market Size, By Product, 2014-2021 (USD Million)
Table 3 Fem to second Lasers Market Size, By Region, 2014-2021 (USD Million)
Table 4 Excimer Lasers Market Size, By Region, 2014-2021 (USD Million)
Table 5 ND:Yag Lasers Market Size, By Region, 2014-2021 (USD Million)
Table 6 Diode Lasers Market Size, By Region, 2014-2021 (USD Million)
Table 7 Other Lasers Market Size, By Region, 2014-2021 (USD Million)
Table 8 Ophthalmic Lasers Market Size, By Application, 2014-2021 (USD Million)
Table 9 Ophthalmic Lasers Market Size for Refractive Error Correction, By Region, 2014-2021 (USD Million)
Table 10 Ophthalmic Lasers Market Size for Cataract Removal, By Region, 2014-2021 (USD Million)
Table 11 Ophthalmic Lasers Market Size for Diabetic Retinopathy Treatment, By Region, 2014-2021 (USD Million)
Table 12 Ophthalmic Lasers Market Size for Glaucoma Treatment, By Region, 2014-2021 (USD Million)
Table 13 Ophthalmic Lasers Market Size for Age-Related Macular Degeneration Treatment, By Region, 2014-2021 (USD Million)
Table 14 Ophthalmic Lasers Market Size for Other Applications, By Region, 2014-2021 (USD Million)
Table 15 Ophthalmic Lasers Market Size, By End User, 2014-2021 (USD Million)
Table 16 Ophthalmic Lasers Market for Hospitals, By Region, 2014-2021 (USD Million)
Table 17 Ophthalmic Lasers Market Size for Clinics and Ambulatory Surgery Centers, By Region, 2014-2021 (USD Million)
Table 18 Ophthalmic Lasers Market Size, By Region, 2014-2021 (USD Million)
Table 19 North America Ophthalmic Lasers Market Size, By Country, 2014-2021 (USD Million)
Table 20 North America: Ophthalmic Lasers Market Size, By Product, 2014-2021 (USD Million)
Table 21 North America: Ophthalmic Lasers Market Size, By Application, 2014-2021 (USD Million)
Table 22 North America: Ophthalmic Lasers Market Size, By End User, 2014-2021 (USD Million)
Table 23 U.S.: Ophthalmic Lasers Market Size, By Product, 2014-2021 (USD Million)
Table 24 U.S.: Ophthalmic Lasers Market Size, By Application, 2014-2021 (USD Million)
Table 25 U.S.: Ophthalmic Lasers Market Size, By End User, 2014-2021 (USD Million)
Table 26 Canada: Ophthalmic Lasers Market Size, By Product, 2014-2021 (USD Million)
Table 27 Canada: Ophthalmic Lasers Market Size, By Application, 2014-2021 (USD Million)
Table 28 Canada: Ophthalmic Lasers Market Size, By End User, 2014-2021 (USD Million)
Table 29 Europe: Ophthalmic Lasers Market Size, By Country, 2014-2021 (USD Million)
Table 30 Europe: Ophthalmic Lasers Market Size, By Product, 2014-2021 (USD Million)
Table 31 Europe: Ophthalmic Lasers Market Size, By Application, 2014-2021 (USD Million)
Table 32 Europe: Ophthalmic Lasers Market Size, By End User, 2014-2021 (USD Million)
Table 33 Germany: Ophthalmic Lasers Market Size, By Product, 2014-2021 (USD Million)
Table 34 Germany: Ophthalmic Lasers Market Size, By Application, 2014-2021 (USD Million)
Table 35 Germany: Market Size, By End User, 2014-2021 (USD Million)
Table 36 France: Market Size, By Product, 2014-2021 (USD Million)
Table 37 France: Market Size, By Application, 2014-2021 (USD Million)
Table 38 France: Market Size, By End User, 2014-2021 (USD Million)
Table 39 Spain: Market Size, By Product, 2014-2021 (USD Million)
Table 40 Spain: Market Size, By Application, 2014-2021 (USD Million)
Table 41 Spain: Market Size, By End User, 2014-2021 (USD Million)
Table 42 RoE: Market Size, By Product, 2014-2021 (USD Million)
Table 43 RoE: Market Size, By Application, 2014-2021 (USD Million)
Table 44 RoE: Market Size, By End User, 2014-2021 (USD Million)
Table 45 Asia-Pacific Market Size, By Country, 2014-2021 (USD Million)
Table 46 Asia-Pacific: Market Size, By Product, 2014-2021 (USD Million)
Table 47 Asia-Pacific: Market Size, By Application, 2014-2021 (USD Million)
Table 48 Asia-Pacific: Market Size, By End User, 2014-2021 (USD Million)
Table 49 China: Market Size, By Product, 2014-2021 (USD Million)
Table 50 China: Market Size, By Application, 2014-2021 (USD Million)
Table 51 China: Market Size, By End User, 2014-2021 (USD Million)
Table 52 India: Market Size, By Product, 2014-2021 (USD Million)
Table 53 India: Market Size, By Application, 2014-2021 (USD Million)
Table 54 India: Market Size, By End User, 2014-2021 (USD Million)
Table 55 Japan: Market Size, By Product, 2014-2021 (USD Million)
Table 56 Japan: Market Size, By Application, 2014-2021 (USD Million)
Table 57 Japan: Market Size, By End User, 2014-2021 (USD Million)
Table 58 RoAPAC: Market Size, By Product, 2014-2021 (USD Million)
Table 59 RoAPAC: Market Size, By Application, 2014-2021 (USD Million)
Table 60 RoAPAC: Market Size, By End User, 2014-2021 (USD Million)
Table 61 RoW: Market Size, By Product, 2014-2021 (USD Million)
Table 62 RoW: Market Size, By Application, 2014-2021 (USD Million)
Table 63 RoW: Market Size, By End User, 2014-2021 (USD Million)
Table 64 Recent Approvals, 2013–2016
Table 65 New Product Launches, 2013–2016
Table 66 Agreements, Alliances, Partnerships, and Collaborations, 2013–2016
Table 67 Acquisitions, 2013–2016
Table 68 Expansions, 2013-2016
Table 69 Others, 2013–2021

List of Figures

Figure 1 Global Ophthalmic Lasers Market: Research Methodology Steps
Figure 2 Breakdown of Primary Interviews: By Company Type, Designation, and Region
Figure 3 Primary Research - Current Sampling Frame
Figure 4 Market Size Estimation Methodology: Bottom-Up Approach
Figure 5 Market Size Estimation Methodology: Top-Down Approach
Figure 6 Research Design
Figure 7 Data Triangulation Methodology
Figure 8 Femtosecond Lasers to Grow at the Highest CAGR in the Market, By Product, From 2016 to 2021
Figure 9 Refractive Error Correction Segment Dominates the Market
Figure 10 Hospitals Segment to Dominate the Global Ophthalmic Lasers Market in 2016
Figure 11 Asia-Pacific to Witness the Highest Market Growth During the Forecast Period
Figure 12 Increasing Prevalence of Ophthalmic Disorders Driving the Market Growth
Figure 13 Femtosecond Lasers Dominate the Market in 2016
Figure 14 Asia-Pacific Market to Witness the Highest Growth During the Forecast Period
Figure 15 Refractive Error Correction Commands the Largest Market Share
Figure 16 Hospitals to Dominate the Market During 2016–2021
Figure 17 Ophthalmic Lasers Market: Drivers, Restraints, Opportunities, & Challenges
Figure 18 Global Ophthalmic Lasers Market, By Product
Figure 19 Ophthalmic Lasers Market, By Application
Figure 20 Ophthalmic Lasers Market, By End User
Figure 21 North America to Command the Largest Share of the Ophthalmic Lasers Market in 2016
Figure 22 North America: Ophthalmic Lasers Market Snapshot
Figure 23 Europe: Ophthalmic Lasers Market Snapshot
Figure 24 Asia-Pacific: Ophthalmic Lasers Market Snapshot
Figure 25 RoW: Ophthalmic Lasers Market Snapshot
Figure 26 Ophthalmic Lasers Market, By Key Player, 2015
Figure 27 Growth Strategies, By Company
Figure 28 Companies Adopted New Product Launches as Their Key Growth Strategy Over the Last Three Years (2013-2016)
Figure 29 Geographic Revenue Mix of the Top Five Market Players
Figure 30 Company Snapshot: Novartis AG
Figure 31 Company Snapshot: Abbott
Figure 32 Company Snapshot: Carl Zeiss Meditec AG
Figure 33 Company Snapshot: Valeant Pharmaceuticals International, Inc.
Figure 34 Company Snapshot: Ellex Medical Lasers Limited
Figure 35 Company Snapshot: Topcon Corporation
Figure 36 Company Snapshot: Iridex Corporation

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