(MoneyNewsWire.Net, December 27, 2017 ) The Europe Ophthalmic Lasers Market is worth USD 291 million in 2016 and estimated to grow at a CAGR of 5.2%, to reach USD 375million by 2021. The Europe Ophthalmic Lasers market is developing at an exceptionally quick pace.
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A laser is a device that emits light and works on the principle of optical amplification based on the stimulated emission of electromagnetic radiation. At present, lasers are highly adopted in the area of medicine for treatment of various diseases. Moreover, these are adopted rapidly in ophthalmology procedures due to their positive results during an eye surgery.
The market for ophthalmic laser is required to witness noteworthy development amid the estimate time frame because of individuals experiencing glaucoma, waterfall, age-related macular degeneration (AMD), and diabetic retinopathy. This generally happens among the geriatric population. Thus, keeping in mind the end goal to limit such tremendous rate of vision misfortune, there is a high requirement for the utilization of ophthalmic laser innovation.
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The Europe market for Ophthalmic Lasers is segmented on the basis of type, application, and region. Based on Type, the market is segmented into Femtosecond Lasers, Excimer Lasers, Nd:YAG Lasers, Diode ,Lasers, Other Lasers. The femtosecond lasers segment is expected to account for the largest share of the global market and is projected to grow at the highest CAGR during the forecast period. This can be attributed to components, for example, expanding pervasiveness of refractive blunders and waterfall, mechanical headways in femtosecond lasers, growing uses of femtosecond lasers, and expanding administrative endorsements.Based on Application, the market is segmented into Refractive Error Correction, Cataract Removal, Glaucoma Treatment, Diabetic Retinopathy Treatment, AMD Treatment, Other Applications.
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Europe Ophthalmic Lasers Market Geographical Analysis
Europe Ophthalmic Lasers Market Leaders' Analysis
• Alcon Laboratories, Inc. (U.S.)
• Abbott Medical Optics, Inc. (U.S.)
• Carl Zeiss Meditec AG (Germany)
• Bausch & Lomb Incorporated (U.S.)
• IRIDEX Corporation (U.S.)
• Ellex Medical Lasers Limited (Australia
• Topcon Corporation (Japan),
• Ziemer Ophthalmic Systems AG
• NIDEK Co., Ltd. (Japan)
• Lumenis Ltd. (Israel)
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