(PharmaNewsWire.Com, September 22, 2017 ) The Middle East and Africa Ophthalmic Lasers Market is worth USD 77 million in 2016 and estimated to grow at a CAGR of 2.9%, to reach USD 89 million by 2021. The Middle East and Africa Ophthalmic Lasers market is developing at an exceptionally quick pace.
Laser surgery is a surgery that uses a laser (rather than a surgical tool) to cut tissue. Examples are use of a laser surgical blade in generally customary surgery, and delicate tissue laser surgery, in which the laser shaft vaporizes delicate tissue with high water content. Laser reemerging is a method in which covalent obligations of a material are broken up by a laser.
The crucial factor driving the growth of this market is Growth in cataract volume, availability of new drugs and devices, the demographic shift and increased impact of the prevalence of eye disease . Though, ethical concerns and Increasing healthcare costs and economic slowdown in developed market are hinders the growth of this market.
The Middle East and Africa 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.
Geographically, market is further segmented into Middle East and Africa. Middle East and Africa has an untapped market and key players are slowly expanding to this region which is the main reason for the growth of market in this region.
Ellex Medical Lasers Limited (Australia), Topcon Corporation (Japan), Ziemer Ophthalmic Systems AG (Switzerland), IRIDEX Corporation (U.S.), NIDEK Co., Ltd. (Japan), Alcon Laboratories, Inc. (U.S.), Abbott Medical Optics, Inc. (U.S.), Carl Zeiss Meditec AG (Germany), Bausch & Lomb Incorporated (U.S.), and Lumenis Ltd. (Israel).)are the leaders in the Middle East and Africa Ophthalmic Lasers market.
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