North America Ophthalmology Lasers Market Size, Share, Demand, Key Drivers, Development Trends and Competitive Outlook

North America Ophthalmology Lasers Market report helps in conducting market survey for export. It collects information on marketing environment prevailing in a country and a data on consumers from different countries with which export potentials can be indicated. Market report plays a vital role in the decision-making processes by supplying relevant, up-to-date and accurate data to the decision-makers.  North America Ophthalmology Lasers Market Managers need up-to-date information to access customer needs and wants, market situation, technological change and extent of competition which can be provided by such outstanding North America Ophthalmology Lasers Market business report. Market research information surely helps to increase the sales.

North America ophthalmology lasers market is expected to gain market growth in the forecast period of 2023 to 2030. Data Bridge Market Research analyses that the market is growing with a CAGR of 6.8% in the forecast period of 2023 to 2030 and is expected to reach USD 1,583.40 million by 2030 from USD 938.91 million in 2022.

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Market Overview:

Ophthalmology lasers are specialized medical devices that emit focused beams of light to treat various eye conditions. These lasers are commonly used in ophthalmology to perform various procedures, such as treating vision disorders, correcting refractive errors, and managing various eye diseases. The devices gained increased importance and adoption due to the high prevalence of several ophthalmic diseases, such as glaucoma, cataract, and other vision-related issues.

Drivers

• Increasing incidences of chronic and communicable eye diseases

The field of ophthalmology has seen a rise in the incidence of both chronic and communicable eye diseases in recent years. Some of the major factors contributing to this trend include a growing North America population, an aging population, increased urbanization, changing lifestyles, and increased exposure to environmental pollutants. One of the most common chronic eye diseases is Age-Related Macular Degeneration (AMD). AMD is a leading cause of blindness in people over the age of 60 and is caused by damage to the macula, a small part of the retina responsible for central vision. The prevalence of AMD is expected to increase with an aging North America population. Another chronic eye disease that is becoming more prevalent is glaucoma. Glaucoma is a group of eye diseases that cause damage to the optic nerve and can lead to blindness. It is often asymptomatic until it reaches an advanced stage, making regular eye exams crucial for early detection and treatment.

In March 2023, according to an article by Indian Express, North America, glaucoma is the second leading cause of blindness after cataracts. It is estimated to cause blindness in 4.5 million people worldwide. Despite this, glaucoma is largely undiagnosed, with more than 90 percent of untreated cases. Thus, increasing incidences of chronic and communicable eye diseases are expected to drive the market’s growth.

• Increased consumer awareness for laser treatments

Consumer awareness of laser therapies has increased, which has benefited the market for ophthalmic lasers North America. Several factors have contributed to this trend, including advancements in technology, increased access to information, and greater emphasis on patient education. One of the main drivers of increased consumer awareness is the development of new laser systems that offer improved precision, reduced recovery times, and better outcomes. These systems have been shown to be effective in treating a range of eye conditions, from refractive errors to more complex retinal disorders. Patients are increasingly interested in these treatments and are seeking out ophthalmologists who are trained to use them. Another factor contributing to increased awareness is the availability of information about ophthalmology lasers. Patients can easily access information online about the different types of laser treatments available, their benefits, and potential risks. This has helped to demystify laser treatments and make them more accessible to a wider range of patients which is expected to drive the market’s growth.

• Increasing adoption of outpatient procedures

The field of ophthalmology has seen significant advancements in recent years with the advent of laser technology. With the increasing adoption of outpatient procedures, the North America ophthalmology lasers market presents a significant opportunity for growth. Outpatient procedures are medical procedures that do not require an overnight stay in a hospital. These procedures can be performed in a medical office, ambulatory surgery center, or outpatient clinic. Thus, the increasing adoption of outpatient procedures is expected to drive the market’s growth.

Recent Development

• In November 2022, Alcon, the North America leader in eye care dedicated to helping people see brilliantly, announced that it had completed its acquisition of Aerie Pharmaceuticals, Inc. This transaction helps bolster Alcon’s presence in the ophthalmic pharmaceutical space with its growing portfolio of commercial products and development pipeline.
• In March 2023, Bausch + Lomb Corporation and Novaliq GmbH announced that the American Journal of Ophthalmology had published results from MOJAVE, the second pivotal Phase 3 trial for NOV03 (perfluorohexyloctane). NOV03 is being investigated to treat the signs and symptoms of Dry Eye Disease (DED) associated with Meibomian Gland Dysfunction (MGD). Results from the first pivotal Phase 3 trial, GOBI, were published earlier this year in the American Journal of Ophthalmology.

Fundamental Aim of this Market Report

• Factors influencing This Market Size and growth rate.
• Major alterations to this market in the near future.
• Notable Market rivals around the world.
• Future Scope and Product Outlook
• Future-promising emerging markets.
• The Market Presents Difficult Challenges and Threats.

Some of the major players operating in the North America ophthalmology lasers market are NIDEK CO., LTD., Calmar Laser, LENSAR, INC., OD-OS, Quantel Medical (a subsidiary of Lumibird Medical), Alcon, Ziemer Ophthalmic Systems AG, LIGHTMED, Johnson & Johnson Inc., Bausch & Lomb Incorporated, MEDA Co., Ltd., Topcon, Lumenis Be Ltd., IRIDEX Corporation, and Zeiss among others.

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North America Ophthalmology Lasers Market Scope

Product

• Femtosecond Lasers
• Excimer Lasers
• Nd: YAG Lasers
• Diode Lasers
• Others

On the basis of product, the market is segmented into femtosecond lasers, excimer lasers, Nd: YAG lasers, diode lasers, and others.

Type

• Photodisruption Lasers
• Selective Laser Trabeculoplasty (SLT)
• Photocoagulation Lasers

On the basis of type, the market is segmented into photodisruption lasers, selective laser trabeculoplasty (SLT), and photocoagulation lasers.

Application

• Diagnostics
• Therapeutics

On the basis of application, the market is segmented into diagnostics and therapeutics.

Gases

• Noble gas
• Halogen gas
• Buffer gas
• Others

On the basis of gases, the market is segmented into noble gas, halogen gas, buffer gas, and others.

End User

• Hospitals
• Clinics
• Others

On the basis of end user, the market is segmented into hospitals, clinics, and others.

Key highlights of this Market report:

• Growth rate
• Remuneration prediction
• Consumption graph
• Market concentration ratio
• Secondary industry competitors
• Competitive structure
• Major restraints
• Market drivers
• Regional bifurcation
• Competitive hierarchy
• Current market tendencies
• Market concentration analysis

What benefits does the DBMR study is going to provide?

• Latest industry influencing trends and development scenario
• Open up New Markets
• To Seize powerful market opportunities
• Key decision in planning and to further expand market share
• Identify Key Business Segments, Market proposition & Gap Analysis
• Assisting in allocating marketing investments

Table of Contents:

1. 1 INTRODUCTION

   1.1 OBJECTIVES OF THE STUDY

   1.2 MARKET DEFINITION

   1.3 OVERVIEW OF THE NORTH AMERICA OPHTHALMOLOGY LASERS MARKET

   1.4 CURRENCY AND PRICING

   1.5 LIMITATIONS

   1.6 MARKETS COVERED

   2 NORTH AMERICA OPHTHALMOLOGY LASERS MARKET: SEGMENTATION

   2.1 MARKETS COVERED

   2.2 GEOGRAPHICAL SCOPE

   2.3 YEARS CONSIDERED FOR THE STUDY

   2.4 DBMR TRIPOD DATA VALIDATION MODEL

   2.5 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS

   2.6 MULTIVARIATE MODELLING

   2.7 PRODUCT LIFELINE CURVE

   2.8 DBMR MARKET POSITION GRID

   2.9 VENDOR SHARE ANALYSIS

   2.1 MARKET END USER COVERAGE GRID

   2.11 SECONDARY SOURCES

   3 EXECUTIVE SUMMARY

   4 PREMIUM INSIGHTS

   4.1 PORTER’S FIVE FORCES

   4.2 PESTEL ANALYSIS

   4.3 STRATEGIC INITIATIVES

   5 NORTH AMERICA OPHTHALMOLOGY LASERS MARKET, REGULATION

   6 MARKET OVERVIEW

Continued…

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