According to the current analysis of Reports and Data, the global ophthalmic photocoagulator market was valued at USD 135.7 million in 2018 and is expected to reach USD 215.3 million by the year 2026, at a CAGR of 4.2%. The study covers the ophthalmic photocoagulator, a device which used for the non-invasive surgical procedure of eyes using the laser beam. The ophthalmic photocoagulator is an equipment used to treat ophthalmic disorders and to treat damaged cells present in the eye. It has great clinical significance and is a crucial therapy for numerous retinal diseases such as conditions including proliferative diabetic retinopathy, retinopathy of prematurity, retinal tears and detachments, branch retinal vein occlusion, and choroid neovascularization.
Photocoagulator cauterizes blood vessels with a high-intensity laser beam or any other source of light. The invention revolutionized retinal therapy by facilitating the more precise, reliable, and less painful application of photocoagulator. Photocoagulation can seal leaking blood vessels, as in case of diabetic retinopathy, or destroy diseased retinal tissue. Due to the effectively and non-invasive approach, the application of ophthalmic photocoagulator has become the accustomed standard of care for many retinal conditions.
The key drivers of the ophthalmic photocoagulator market are a substantial rise in the geriatric population owing to age-related macular degeneration and the spike in diabetes. The diabetic epidemic has extensively increased across the globe leading to diabetic retinopathy. The average spending time on the digital screen of an individual has increased, which leads to various eye-related discomfort and disorders. The incorporation of IT within the healthcare industry, high amounts of investment, rising prevalence of target diseases like diabetes, age-related eye disorders, and technological advancements in the field of medical devices are boosting the ophthalmic photocoagulator market. An improved visual outcome with fewer side effects, drives continuous and enhanced research and development efforts in the field of retinal laser photocoagulation.
Get a sample of the report @ https://www.reportsanddata.com/sample-enquiry-form/2123
The report initially offers market introduction, market overview, product scope, market opportunities, growth prospects, risks, limitations, and key drivers. The report also covers a comprehensive analysis of the competitive landscape with extensive profiling of the key competitors. It covers recent technological advancements, product developments, product launches, mergers and acquisitions, collaborations, joint ventures, and partnerships.
Key Companies in the market include:
Quantel Medical, Alcon, ALMA, Lumenis, NIDEK, Meridian, Iridex Corporation, Valon Lasers, Ellex Medical Lasers, and Lombart
Request a discount on the report @ https://www.reportsanddata.com/discount-enquiry-form/2123
Further key findings from the report suggest
Furthermore, the report segments Ophthalmic Photocoagulator market on the basis of key product types and applications and provides details about the revenue growth, revenue CAGR, and revenue share each segment is expected to register over the forecast period.
Application Outlook (Revenue, USD Million; 2016-2026)
Clinical Condition Outlook (Revenue, USD Million; 2016-2026)
End Use Outlook (Revenue, USD Million; 2016-2026)
To know more about the report @ https://www.reportsanddata.com/report-detail/ophthalmic-photocoagulator-market
For a better understanding of the global Ophthalmic Photocoagulator market dynamics, a regional analysis of the market across key geographical areas is offered in the report. The market is spread across key geographical regions such as North America, Europe, Latin America, Asia Pacific, and Middle East & Africa. Each region is analysed on the basis of the market scenario in the major countries of the regions to provide a deeper understanding of the market. It provides insights into production and consumption patterns, supply and demand ratio, export/import, current and emerging trends and demands, market share, market size, revenue contribution, and presence of key players in each region.
In-depth regional analysis includes:
Key Features of the Global Ophthalmic Photocoagulator Market Report:
Request customization of the report @ https://www.reportsanddata.com/request-customization-form/2123
Thank you for reading our report. Please get in touch with us to know more about the report and its customization. Our team will ensure the report is tailored according to your requirements.
Browse More Reports :
Head of Business Development
Reports and Data | Web: www.reportsanddata.com
Direct Line: +1-212-710-1370