Ophthalmic Femtosecond Lasers

Ophthalmic Femtosecond Lasers

Global Ophthalmic Femtosecond Lasers Market to Reach $660.1 Million by 2027

Amid the COVID-19 crisis, the global market for Ophthalmic Femtosecond Lasers estimated at US$484.1 Million in the year 2020, is projected to reach a revised size of US$660.1 Million by 2027, growing at aCAGR of 4.5% over the period 2020-2027. Equipment, one of the segments analyzed in the report, is projected to record 3.7% CAGR and reach US$217.8 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Consumables & Accessories segment is readjusted to a revised 5% CAGR for the next 7-year period.

The U.S. Market is Estimated at $142.5 Million, While China is Forecast to Grow at 4.3% CAGR

The Ophthalmic Femtosecond Lasers market in the U.S. is estimated at US$142.5 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$117.3 Million by the year 2027 trailing a CAGR of 4.3% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.4% and 3.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.8% CAGR.We bring years of research experience to this 7th edition of our report. The 223-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others,

• Abbott Medical Optics, Inc.
• Alcon, a Novartis Company
• Bausch & Lomb, Inc.
• Carl Zeiss Meditec AG
• KM Labs
• Lensar, Inc.
• Menlo Systems GmbH
• TOPTICA Photonics AG
• Ziemer Ophthalmic Systems AG

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