Product Code: ETC4471105 | Publication Date: Jul 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India ophthalmic lasers market import shipments demonstrated a remarkable growth trend from 2020 to 2024, with a notable CAGR of 30.6%. The market gained significant momentum between 2023 and 2024, showcasing an exceptional growth rate of 695.9%. The market expanded rapidly, indicating strong demand and potential opportunities for market players.
The India Ophthalmic Lasers market is a vital segment within the healthcare and medical device industry, offering advanced laser technologies for the treatment of eye diseases and vision correction. Ophthalmic lasers are used in various procedures, including LASIK for refractive vision correction, cataract surgery, and treatment of retinal disorders. The market`s growth is driven by an aging population, increasing eye health concerns, and technological advancements in laser-based ophthalmic procedures. As India healthcare system places greater emphasis on eye care, the ophthalmic lasers market continues to evolve, providing patients with safer and more effective treatment options for their vision needs.
The ophthalmic lasers market is driven by the increasing prevalence of eye disorders, including cataracts and glaucoma. Laser technology provides precise and minimally invasive treatment options, driving patient preference. Technological advancements, a growing aging population, and government support for eye care programs contribute to market growth.
The India ophthalmic lasers market confronts issues related to the affordability of advanced eye care procedures and the limited number of specialized ophthalmic surgeons. While laser technology has revolutionized eye surgeries, the cost of these procedures can be prohibitive for a significant portion of the population. Moreover, there is a shortage of ophthalmologists and specialized eye care centers in rural areas, leading to a significant urban-rural healthcare divide.
The ophthalmic lasers market in India faced challenges during the COVID-19 pandemic. Non-essential ophthalmic procedures were postponed to prioritize pandemic response efforts, resulting in a temporary reduction in demand for ophthalmic lasers. However, the market adapted by focusing on advanced laser technology for essential eye surgeries and emphasizing remote consultations. As the situation improved and eye care services resumed, the ophthalmic lasers market gradually regained momentum.
Key players in the India Ophthalmic Lasers market include Carl Zeiss Meditec AG, Alcon Inc., Ellex Medical Lasers Ltd, NIDEK Co., Ltd., and Topcon Corporation.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Ophthalmic Lasers Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Ophthalmic Lasers Market Revenues & Volume, 2021 & 2031F |
3.3 India Ophthalmic Lasers Market - Industry Life Cycle |
3.4 India Ophthalmic Lasers Market - Porter's Five Forces |
3.5 India Ophthalmic Lasers Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 India Ophthalmic Lasers Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 India Ophthalmic Lasers Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 India Ophthalmic Lasers Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing prevalence of ophthalmic disorders in India |
4.2.2 Technological advancements in ophthalmic laser systems |
4.2.3 Growing awareness about eye health and treatment options |
4.3 Market Restraints |
4.3.1 High cost associated with ophthalmic laser treatments |
4.3.2 Limited access to advanced eye care facilities in rural areas of India |
4.3.3 Stringent regulatory requirements for ophthalmic laser devices |
5 India Ophthalmic Lasers Market Trends |
6 India Ophthalmic Lasers Market, By Types |
6.1 India Ophthalmic Lasers Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 India Ophthalmic Lasers Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 India Ophthalmic Lasers Market Revenues & Volume, By Femtosecond Lasers, 2021-2031F |
6.1.4 India Ophthalmic Lasers Market Revenues & Volume, By Excimer Lasers, 2021-2031F |
6.1.5 India Ophthalmic Lasers Market Revenues & Volume, By NdYAG Lasers, 2021-2031F |
6.1.6 India Ophthalmic Lasers Market Revenues & Volume, By Diode Lasers, 2021-2031F |
6.1.7 India Ophthalmic Lasers Market Revenues & Volume, By Other, 2021-2031F |
6.2 India Ophthalmic Lasers Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Ophthalmic Lasers Market Revenues & Volume, By Refractive Error Correction, 2021-2031F |
6.2.3 India Ophthalmic Lasers Market Revenues & Volume, By Cataract Removal, 2021-2031F |
6.2.4 India Ophthalmic Lasers Market Revenues & Volume, By Glaucoma Treatment, 2021-2031F |
6.2.5 India Ophthalmic Lasers Market Revenues & Volume, By Diabetic Retinopathy Treatment, 2021-2031F |
6.2.6 India Ophthalmic Lasers Market Revenues & Volume, By AMD Treatment, 2021-2031F |
6.2.7 India Ophthalmic Lasers Market Revenues & Volume, By Other Applications, 2021-2031F |
6.3 India Ophthalmic Lasers Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 India Ophthalmic Lasers Market Revenues & Volume, By Hospitals , 2021-2031F |
6.3.3 India Ophthalmic Lasers Market Revenues & Volume, By Clinics , 2021-2031F |
6.3.4 India Ophthalmic Lasers Market Revenues & Volume, By Ambulatory Surgery Centers, 2021-2031F |
7 India Ophthalmic Lasers Market Import-Export Trade Statistics |
7.1 India Ophthalmic Lasers Market Export to Major Countries |
7.2 India Ophthalmic Lasers Market Imports from Major Countries |
8 India Ophthalmic Lasers Market Key Performance Indicators |
8.1 Adoption rate of minimally invasive ophthalmic laser procedures |
8.2 Number of ophthalmic laser procedures performed annually |
8.3 Rate of technological innovation in ophthalmic laser systems |
9 India Ophthalmic Lasers Market - Opportunity Assessment |
9.1 India Ophthalmic Lasers Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 India Ophthalmic Lasers Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 India Ophthalmic Lasers Market Opportunity Assessment, By End User, 2021 & 2031F |
10 India Ophthalmic Lasers Market - Competitive Landscape |
10.1 India Ophthalmic Lasers Market Revenue Share, By Companies, 2024 |
10.2 India Ophthalmic Lasers Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |