Global Ophthalmic Photocoagulator Market

Ophthalmic Photocoagulator Market by Applications (Retinal Laser, Photocoagulation, and Laser Trabeculoplasty) Medical Conditions (Diabetic Retinopathy, Age-related Macular Degeneration, and Glaucoma), End-users (Hospitals, Clinics, Ambulatory Services, and Ophthalmology Centers), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa), Forecast 2021 – 2028

  • Report ID: HC-2948
  • Author: Growth Market Reports
  • Rating: 4.8
  • Total Reviews: 2
  • No. Of Pages: 189
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The global ophthalmic photocoagulator market is anticipated to expand at a CAGR of 4.2% during the forecast period, 2021-2028. The growth of the market is attributed to rising prevalence of eye-related disorder across the globe.

Global Ophthalmic Photocoagulator Market summary

Photocoagulation is a type of laser surgery used to repair damaged tissue performing under an ophthalmic photocoagulator. An ophthalmic photocoagulator is a medical device utilized to treat ophthalmic defects and eye cells. It's highly adopted for clinical and therapeutic purposes. This device consists of a laser host, power cord, foot switch, remote control, slit lamp adapter, and sterile intraocular probe. During the photocoagulation process, ophthalmologists use argon, dye, krypton, and diode to coagulate defected tissue in the retina. Photocoagulator disinfects the blood vessels with the heat generated by light source, usually laser beam.

Market Trends, Drivers, Restraints, and Opportunities:

  • Rising prevalence of diabetes is anticipated to drive the market growth.
  • Increasing technological advancements in ophthalmic photocoagulation is spurring the growth of the market.
  • Lack of skilled professionals in low- and middle-income countries can create challenges for the market growth.
  • Growing investment in the healthcare facilities in emerging countries can create lucrative opportunities for industry players.

Scope of Report:

The report on the ophthalmic photocoagulator market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Ophthalmic Photocoagulator Market - Global Industry Analysis, Size, Share, Growth, Trends And Forecast

Base Year

2020

Historic Data

2018 & 2019

Forecast Period

2021–2028

Segmentation

Applications (Retinal Laser, Photocoagulation, and Laser Trabeculoplasty) Medical Conditions (Diabetic Retinopathy, Age-related Macular Degeneration, and Glaucoma), End-users (Hospitals, Clinics, Ambulatory Services, and Ophthalmology Centers)

Regional Scope

Asia Pacific, North America, Europe, Latin America, and Middle East & Africa

Report Coverage

Market scope, analysis, share, competitive analysis, growth facts, restraints, opportunities, and revenue forecast

Key Players Covered in the Report

Quantel Medical, Alcon, ALMA, Lumenis, NIDEK, Meridian, Iridex corporation, Valon Lasers, Ellex Medical Laser, and Lombort.

Ophthalmic Photocoagulator Market Segment Insights 

Retinal laser segment is anticipated to exhibit a high CAGR

Based on applications, the market can be divided into retinal laser, photocoagulation, and laser trabeculoplasty. The retinal laser segment is anticipated to expand at a CAGR of 6.3% during the forecast period. Rising incidence of macular degeneration in geriatric population is driving the market segment growth. On the other hand, the laser trabeculoplasty segment is estimated to account a major market share due to rising interest for insignificant obtrusive strategy over the conventional technique is fueling the market segment.

Global Ophthalmic Photocoagulator Market application

Diabetic retinopathy segment is estimated to hold a significant market share

On the basis of medical conditions, the ophthalmic photocoagulator market can be segmented into diabetic retinopathy, age-related macular degeneration, and glaucoma. The diabetic retinopathy segment is anticipated to account a significant market share in the coming years. This is due to the rising predominance of target illness, for example, diabetes and different eye-related persistent issues. However, the glaucoma segment is estimated to exhibit a robust CAGR during the forecast period. As per the American Academy of Ophthalmology, glaucoma influences more than 2.7 million Americans over age 40.

Hospitals segment is anticipated to account a major market share

In term of end-users, the market is classified as hospitals, clinics, ambulatory services, and ophthalmology centers. The hospitals segment is anticipated to constitute a major market share during the forecast period. The presence of favorable reimbursement policies is driving the growth of the market segment. Increasing spending on healthcare facilities is further propelling the segment growth.

Global Ophthalmic Photocoagulator Market end-users

North America to constitute a large share of the market

Based on regions, the ophthalmic photocoagulator market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. The market in North America is anticipated to exhibit a robust CAGR during the forecast period. The presence of major industry players and awareness is driving the regional market growth. Many market players are zeroing in on getting FDA endorsements for the innovative ophthalmic arrangement and gadgets. For example, Johnson and Johnson Vision has received an FDA endorsement for another laser eye a medical procedure sign for its iDesign Refractive Studio framework.

Asia Pacific is expected to account for a considerable market share in the coming years. Rising investment in healthcare facilities, especially in emerging economies such as India and China, is spurring the regional market growth. Moreover, rising geriatric population and awareness about the treatment are major factors fueling the market in Asia Pacific.

Global Ophthalmic Photocoagulator Market region


 

Segments

Segments Covered in the Report:
The global ophthalmic photocoagulator market has been segmented on the basis of
Applications

  • Retinal Laser
  • Photocoagulation
  • Laser Trabeculoplasty

Medical Conditions

  • Diabetic Retinopathy
  • Age-related Macular Degeneration
  • Glaucoma

End-users

  • Hospital
  • Clinics
  • Ambulatory Services
  • Ophthalmology Centers

Regions

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key Players

  • Quantel Medical
  • Alcon
  • ALMA
  • Lumenis
  • NIDEK
  • Meridian
  • Iridex corporation
  • Valon Lasers
  • Ellex Medical Laser
  • Lombor

 

Competitive Landscape

The main players for the market of ophthalmic photocoagulators are Quantel Medical, Alcon, ALMA, Lumenis, NIDEK, Meridian, Iridex corporation, Valon Lasers, Ellex Medical Laser, and Lombort.

Global Ophthalmic Photocoagulator Market keyplayers

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Ophthalmic Photocoagulator Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Ophthalmic Photocoagulator Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Ophthalmic Photocoagulator Market - Supply Chain
  4.5. Global Ophthalmic Photocoagulator Market Forecast
     4.5.1. Ophthalmic Photocoagulator Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Ophthalmic Photocoagulator Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Ophthalmic Photocoagulator Market Absolute $ Opportunity
5. Global Ophthalmic Photocoagulator Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Ophthalmic Photocoagulator Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Ophthalmic Photocoagulator Demand Share Forecast, 2019-2026
6. North America Ophthalmic Photocoagulator Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Ophthalmic Photocoagulator Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Ophthalmic Photocoagulator Demand Share Forecast, 2019-2026
7. Latin America Ophthalmic Photocoagulator Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Ophthalmic Photocoagulator Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Ophthalmic Photocoagulator Demand Share Forecast, 2019-2026
8. Europe Ophthalmic Photocoagulator Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Ophthalmic Photocoagulator Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Ophthalmic Photocoagulator Demand Share Forecast, 2019-2026
9. Asia Pacific Ophthalmic Photocoagulator Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Ophthalmic Photocoagulator Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Ophthalmic Photocoagulator Demand Share Forecast, 2019-2026
10. Middle East & Africa Ophthalmic Photocoagulator Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Ophthalmic Photocoagulator Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Ophthalmic Photocoagulator Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Ophthalmic Photocoagulator Market: Market Share Analysis
  11.2. Ophthalmic Photocoagulator Distributors and Customers
  11.3. Ophthalmic Photocoagulator Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. Quantel Medical
     11.4.2. Alcon
     11.4.3. ALMA
     11.4.4. Lumenis
     11.4.5. NIDEK
     11.4.6. Meridian
     11.4.7. Iridex corporation
     11.4.8. Valon Lasers

Segments Covered in the Report:
The global ophthalmic photocoagulator market has been segmented on the basis of
Applications

  • Retinal Laser
  • Photocoagulation
  • Laser Trabeculoplasty

Medical Conditions

  • Diabetic Retinopathy
  • Age-related Macular Degeneration
  • Glaucoma

End-users

  • Hospital
  • Clinics
  • Ambulatory Services
  • Ophthalmology Centers

Regions

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key Players

  • Quantel Medical
  • Alcon
  • ALMA
  • Lumenis
  • NIDEK
  • Meridian
  • Iridex corporation
  • Valon Lasers
  • Ellex Medical Laser
  • Lombor

 

The main players for the market of ophthalmic photocoagulators are Quantel Medical, Alcon, ALMA, Lumenis, NIDEK, Meridian, Iridex corporation, Valon Lasers, Ellex Medical Laser, and Lombort.

Global Ophthalmic Photocoagulator Market keyplayers

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