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Laser Indirect Ophthalmoscope Market Analaysis | CMI

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Laser Indirect Ophthalmoscope Market Analaysis | CMI

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  1. Coherent Market Insights Market Research and Business Consulting Services https://www.coherentmarketinsights.com/ COVID-19 Impact Tracker

  2. LASER INDIRECT OPHTHALMOSCOPE MARKET ANALYSIS • Laser Indirect Ophthalmoscope Market, by Laser Type (Photocoagulating Laser, Photo Disrupting Laser, and Photo Ablating Laser), by Therapeutic Application (Diabetic Retinopathy, Peripheral Neovascularization, Lattice Degeneration, and Others), by End User (Multispecialty Hospitals, Ophthalmic Clinics, and Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2018 – 2026 • The global laser indirect ophthalmoscope market size was valued at US$ 89.5 million in 2017 and is expected to witness a robust CAGR of 4.2% over the forecast period (2018–2026).

  3. Market Drivers • Technological advancements in ophthalmoscopes is expected to drive Laser Indirect Ophthalmoscope Market growth over the forecast period • Manufacturers such as Welch Allyn, Heine Optotechnik GmbH & Co. KG, Iridex Corporation, Keeler Limited, and others offer technologically advanced laser indirect ophthalmoscopes. Laser indirect ophthalmoscopy offer advantages such as wider field of view, better image resolution, less irritation to the ocular surface, and ease in ophthalmic examination, as the ophthalmoscope is mounted on the forehead of the physician/ophthalmologist. Indirect ophthalmoscopes available today facilitate improvements in eye examination results, and care. For instance, Smart LIO offered by Lumenis is a multiwavelength system in the market, and is compatible with multiple Lumenis photo coagulators. Smart LIO supports three wavelengths such as 532 nm (green), 577 nm (yellow), and 659 nm (red). Other technological advancements include adjustable interpupillary distance, adjustable mirrors, portable power packs, dust sealed optics, and others. These factors are expected to drive the global laser indirect ophthalmoscope market growth over the forecast period.

  4. Figure No.1: Global Laser Indirect Ophthalmoscope Market Share, by Region (%), 2018 - 2026

  5. Increasing prevalence of ophthalmic disorders is expected to support growth of the global laser indirect ophthalmoscope market over the forecast period • Rising prevalence of certain ophthalmic diseases such as peripheral neovascularization, lattice degeneration, and diabetic retinopathy is driving growth of the market. For instance, according to the Royal National Institute of Blind People (RNIB), over 5.7 million people are suffering from sight-threatening eye conditions in the U.K, in 2014. Moreover, 2 million people were suffering from sight loss in 2016, which is expected to increase to over 2.7 million people by 2030. Moreover, according to the Royal National Institute of Blind People (RNIB), in 2014, around 350,000 people were registered as blind or partially sighted. Increasing healthcare expenditures for treatment of sight loss, blindness, and sight-threatening conditions are expected to propel demand for basic eye care and examination, thereby propelling demand for necessary equipment such as laser indirect ophthalmoscopes over the forecast period. According to the RNIB- Eye Health 2016 report, in the U.K., during 2016, sight loss, blindness, and sight-threatening conditions accounted for US$ 2.03 million, US$ 0.27 million, and US$ 5.7 million healthcare expenditures, respectively.

  6. Market Restraints • However, product recalls are expected to restrain the global laser indirect ophthalmoscope market growth over the forecast period. For instance, in February 2018, Iridex Corporation voluntarily recalled TruFocus LIO Premiere Laser Indirect Ophthalmoscope, as three adverse events occurred during procedures in which the TruFocus LIO Premiere was used.

  7. Key Players • Some of the major players operating in the global laser indirect ophthalmoscope market include Ellex Medical Lasers Ltd, Iridex Corporation, Alcon, Carl Zeiss Meditec AG, Lumenis Ltd., Topcon Medical Laser System, Nidek Co. Inc., Ziemer Ophthalmic Systems AG, Heine Optotechnik GmbH, and Keeler Ltd.

  8. Request Sample Report • Request Customization • Download PDF Brochure • Talk to Analyst • Reference : https://www.coherentmarketinsights.com/market-insight/laser-indirect-ophthalmoscope-market-2428

  9. About Us Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients achieve transformational growth by helping them make critical business decisions. What we provide: • Customized Market Research Services • Industry Analysis Services • Business Consulting Services • Market Intelligence Services • Long term Engagement Model • Country Specific Analysis

  10. Contact Us Mr. Shah Coherent Market Insights Pvt.Ltd. Address: 1001 4th Ave, #3200 Seattle, WA 98154, U.S. Phone: +1-206-701-6702 Email: sales@coherentmarketinsights.com

  11. Thank You! Kindly follow CMI Social Media Profiles for the latest company updates Facebook Linkedin Twitter https://www.coherentmarketinsights.com/

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