Ophthalmic Femtosecond Lasers Market Size to Grow by USD 199.54 Million, North America to be Largest Contributor to Market Growth - Technavio

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Sep 16, 2022, 02:30 ET

NEW YORK, Sept. 16, 2022 /PRNewswire/ -- Femtosecond laser belongs to the category of ultrafast and ultrashort lasers and releases optical pulses every 10-15 seconds. The laser uses ultrashort infrared laser pulses that are applied predictably and precisely with minimal collateral tissue damage, which makes it ideal for highly precise ophthalmic surgeries.

The ophthalmic femtosecond lasers market size is expected to grow by USD 199.54 million from 2021 to 2026. In addition, the growth momentum of the market will accelerate at a CAGR of 6.45% during the forecast period, according to Technavio.

Technavio has announced its latest market research report titled Global Ophthalmic Femtosecond Lasers Market 2022-2026

Technavio provides a comprehensive report summary describing the market size and forecast along with research methodology. The FREE sample report is available in PDF format

Ophthalmic Femtosecond Lasers Market 2022-2026: Scope

The ophthalmic femtosecond lasers market report covers the following areas:

Ophthalmic Femtosecond Lasers Market 2022-2026: Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the ophthalmic femtosecond lasers market, including Alcon Inc., Bausch Health Co. Inc., Carl Zeiss AG, Clark-MXR Inc., CLASS 5 PHOTONICS GmbH, Ekspla, Fluence sp. z o.o, IMRA America Inc., Johnson and Johnson, KMLabs Inc., LENSAR Inc., Light Conversion UAB, Menlo Systems GmbH, Newport Corp., NKT AS, RPMC Lasers Inc., SCHWIND eye-tech-solutions GmbH, Spark Lasers SAS, TOPTICA Photonics AG, and Ziemer Ophthalmic Systems AG.

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Ophthalmic Femtosecond Lasers Market 2022-2026: Segmentation

Product

Consumable and Accessories: The consumable and accessories segment will be the largest contributor to market growth during the forecast period. Consumables and accessories are very important in performing ophthalmic femtosecond laser procedures, as most consumables are disposables or single-use devices. Thus, consumables are a recurring revenue. In addition, hospitals and ASCs have long-term contracts with vendors and gain discounts on purchasing consumables. These factors will drive segment growth during the forecast period.
Equipment

Geography

North America: North America will account for 43% of the market's growth during the forecast period. The growth of this region is attributed to factors such as improved healthcare support by governments and advances in technology. However, market growth in this region will be slower than the growth of the market in other regions. The US and Canada are the key countries for the ophthalmic femtosecond lasers market in North America.
Europe
Asia
Rest Of World (ROW)

Learn about the contribution of each segment summarized in concise infographics and thorough descriptions. View a FREE PDF Sample Report

Ophthalmic Femtosecond Lasers Market 2022-2026: Key Highlights

CAGR of the market during the forecast period 2022-2026
Detailed information on factors that will assist ophthalmic femtosecond lasers market growth during the next five years
Estimation of the ophthalmic femtosecond lasers market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the ophthalmic femtosecond lasers market
Analysis of the market's competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of ophthalmic femtosecond lasers market vendors

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Ophthalmic Femtosecond Lasers Market Scope
Report Coverage	Details
Page number	120
Base year	2021
Forecast period	2022-2026
Growth momentum & CAGR	Accelerate at a CAGR of 6.45%
Market growth 2022-2026	USD 199.54 million
Market structure	Fragmented
YoY growth (%)	5.85
Regional analysis	North America, Europe, Asia, and Rest of World (ROW)
Performing market contribution	North America at 43%
Key consumer countries	US, Canada, Germany, UK, and China
Competitive landscape	Leading companies, competitive strategies, consumer engagement scope
Companies profiled	Alcon Inc., Bausch Health Co. Inc., Carl Zeiss AG, Clark-MXR Inc., CLASS 5 PHOTONICS GmbH, Ekspla, Fluence sp. z o.o, IMRA America Inc., Johnson and Johnson, KMLabs Inc., LENSAR Inc., Light Conversion UAB, Menlo Systems GmbH, Newport Corp., NKT AS, RPMC Lasers Inc., SCHWIND eye-tech-solutions GmbH, Spark Lasers SAS, TOPTICA Photonics AG, and Ziemer Ophthalmic Systems AG
Market Dynamics	Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Table Of Contents

1 Executive Summary

1.1 Market overview

Exhibit 01: Executive Summary – Chart on Market Overview
Exhibit 02: Executive Summary – Data Table on Market Overview
Exhibit 03: Executive Summary – Chart on Global Market Characteristics
Exhibit 04: Executive Summary – Chart on Market by Geography
Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
Exhibit 06: Executive Summary – Chart on Incremental Growth
Exhibit 07: Executive Summary – Data Table on Incremental Growth
Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem

Exhibit 09: Parent market
Exhibit 10: Market Characteristics

3 Market Sizing

3.1 Market definition

Exhibit 11: Offerings of vendors included in the market definition

3.2 Market segment analysis

Exhibit 12: Market segments

3.3 Market size 2021

3.4 Market outlook: Forecast for 2021-2026

Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

4.1 Five forces summary

Exhibit 17: Five forces analysis - Comparison between 2021 and 2026

4.2 Bargaining power of buyers

Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

4.3 Bargaining power of suppliers

Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

4.4 Threat of new entrants

Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

4.5 Threat of substitutes

Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

4.6 Threat of rivalry

Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

4.7 Market condition

Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Product

5.1 Market segments

Exhibit 24: Chart on Product - Market share 2021-2026 (%)
Exhibit 25: Data Table on Product - Market share 2021-2026 (%)

5.2 Comparison by Product

Exhibit 26: Chart on Comparison by Product
Exhibit 27: Data Table on Comparison by Product

5.3 Consumable and accessories - Market size and forecast 2021-2026

Exhibit 28: Chart on Consumable and accessories - Market size and forecast 2021-2026 ($ million)
Exhibit 29: Data Table on Consumable and accessories - Market size and forecast 2021-2026 ($ million)
Exhibit 30: Chart on Consumable and accessories - Year-over-year growth 2021-2026 (%)
Exhibit 31: Data Table on Consumable and accessories - Year-over-year growth 2021-2026 (%)

5.4 Equipment - Market size and forecast 2021-2026

Exhibit 32: Chart on Equipment - Market size and forecast 2021-2026 ($ million)
Exhibit 33: Data Table on Equipment - Market size and forecast 2021-2026 ($ million)
Exhibit 34: Chart on Equipment - Year-over-year growth 2021-2026 (%)
Exhibit 35: Data Table on Equipment - Year-over-year growth 2021-2026 (%)

5.5 Market opportunity by Product

Exhibit 36: Market opportunity by Product ($ million)

6 Customer Landscape

6.1 Customer landscape overview

Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

7.1 Geographic segmentation

Exhibit 38: Chart on Market share by geography 2021-2026 (%)
Exhibit 39: Data Table on Market share by geography 2021-2026 (%)

7.2 Geographic comparison

Exhibit 40: Chart on Geographic comparison
Exhibit 41: Data Table on Geographic comparison

7.3 North America - Market size and forecast 2021-2026

Exhibit 42: Chart on North America - Market size and forecast 2021-2026 ($ million)
Exhibit 43: Data Table on North America - Market size and forecast 2021-2026 ($ million)
Exhibit 44: Chart on North America - Year-over-year growth 2021-2026 (%)
Exhibit 45: Data Table on North America - Year-over-year growth 2021-2026 (%)

7.4 Europe - Market size and forecast 2021-2026

Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ million)
Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)

7.5 Asia - Market size and forecast 2021-2026

Exhibit 50: Chart on Asia - Market size and forecast 2021-2026 ($ million)
Exhibit 51: Data Table on Asia - Market size and forecast 2021-2026 ($ million)
Exhibit 52: Chart on Asia - Year-over-year growth 2021-2026 (%)
Exhibit 53: Data Table on Asia - Year-over-year growth 2021-2026 (%)

7.6 Rest of World (ROW) - Market size and forecast 2021-2026

Exhibit 54: Chart on Rest of World (ROW) - Market size and forecast 2021-2026 ($ million)
Exhibit 55: Data Table on Rest of World (ROW) - Market size and forecast 2021-2026 ($ million)
Exhibit 56: Chart on Rest of World (ROW) - Year-over-year growth 2021-2026 (%)
Exhibit 57: Data Table on Rest of World (ROW) - Year-over-year growth 2021-2026 (%)

7.7 US - Market size and forecast 2021-2026

Exhibit 58: Chart on US - Market size and forecast 2021-2026 ($ million)
Exhibit 59: Data Table on US - Market size and forecast 2021-2026 ($ million)
Exhibit 60: Chart on US - Year-over-year growth 2021-2026 (%)
Exhibit 61: Data Table on US - Year-over-year growth 2021-2026 (%)

7.8 Germany - Market size and forecast 2021-2026

Exhibit 62: Chart on Germany - Market size and forecast 2021-2026 ($ million)
Exhibit 63: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
Exhibit 64: Chart on Germany - Year-over-year growth 2021-2026 (%)
Exhibit 65: Data Table on Germany - Year-over-year growth 2021-2026 (%)

7.9 UK - Market size and forecast 2021-2026

Exhibit 66: Chart on UK - Market size and forecast 2021-2026 ($ million)
Exhibit 67: Data Table on UK - Market size and forecast 2021-2026 ($ million)
Exhibit 68: Chart on UK - Year-over-year growth 2021-2026 (%)
Exhibit 69: Data Table on UK - Year-over-year growth 2021-2026 (%)

7.10 Canada - Market size and forecast 2021-2026

Exhibit 70: Chart on Canada - Market size and forecast 2021-2026 ($ million)
Exhibit 71: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
Exhibit 72: Chart on Canada - Year-over-year growth 2021-2026 (%)
Exhibit 73: Data Table on Canada - Year-over-year growth 2021-2026 (%)

7.11 China - Market size and forecast 2021-2026

Exhibit 74: Chart on China - Market size and forecast 2021-2026 ($ million)
Exhibit 75: Data Table on China - Market size and forecast 2021-2026 ($ million)
Exhibit 76: Chart on China - Year-over-year growth 2021-2026 (%)
Exhibit 77: Data Table on China - Year-over-year growth 2021-2026 (%)

7.12 Market opportunity by geography

Exhibit 78: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

8.1 Market drivers

8.2 Market challenges

8.3 Impact of drivers and challenges

Exhibit 79: Impact of drivers and challenges in 2021 and 2026

8.4 Market trends

9 Vendor Landscape

9.1 Overview

9.2 Vendor landscape

Exhibit 80: Overview on Criticality of inputs and Factors of differentiation

9.3 Landscape disruption

Exhibit 81: Overview on factors of disruption

9.4 Industry risks

Exhibit 82: Impact of key risks on business

10 Vendor Analysis

10.1 Vendors covered

Exhibit 83: Vendors covered

10.2 Market positioning of vendors

Exhibit 84: Matrix on vendor position and classification

10.3 Alcon Inc.

Exhibit 85: Alcon Inc. - Overview
Exhibit 86: Alcon Inc. - Business segments
Exhibit 87: Alcon Inc. - Key offerings
Exhibit 88: Alcon Inc. - Segment focus

10.4 Bausch Health Co. Inc.

Exhibit 89: Bausch Health Co. Inc. - Overview
Exhibit 90: Bausch Health Co. Inc. - Business segments
Exhibit 91: Bausch Health Co. Inc. - Key news
Exhibit 92: Bausch Health Co. Inc. - Key offerings
Exhibit 93: Bausch Health Co. Inc. - Segment focus

10.5 Carl Zeiss AG

Exhibit 94: Carl Zeiss AG - Overview
Exhibit 95: Carl Zeiss AG - Business segments
Exhibit 96: Carl Zeiss AG - Key offerings
Exhibit 97: Carl Zeiss AG - Segment focus

10.6 Johnson and Johnson

Exhibit 98: Johnson and Johnson - Overview
Exhibit 99: Johnson and Johnson - Business segments
Exhibit 100: Johnson and Johnson - Key news
Exhibit 101: Johnson and Johnson - Key offerings
Exhibit 102: Johnson and Johnson - Segment focus

10.7 KMLabs Inc.

Exhibit 103: KMLabs Inc. - Overview
Exhibit 104: KMLabs Inc. - Product / Service
Exhibit 105: KMLabs Inc. - Key offerings

10.8 LENSAR Inc.

Exhibit 106: LENSAR Inc. - Overview
Exhibit 107: LENSAR Inc. - Product / Service
Exhibit 108: LENSAR Inc. - Key offerings

10.9 Menlo Systems GmbH

Exhibit 109: Menlo Systems GmbH - Overview
Exhibit 110: Menlo Systems GmbH - Product / Service
Exhibit 111: Menlo Systems GmbH - Key offerings

10.10 NKT AS

Exhibit 112: NKT AS - Overview
Exhibit 113: NKT AS - Business segments
Exhibit 114: NKT AS - Key offerings
Exhibit 115: NKT AS - Segment focus

10.11 SCHWIND eye-tech-solutions GmbH

Exhibit 116: SCHWIND eye-tech-solutions GmbH - Overview
Exhibit 117: SCHWIND eye-tech-solutions GmbH - Product / Service
Exhibit 118: SCHWIND eye-tech-solutions GmbH - Key offerings

10.12 Ziemer Ophthalmic Systems AG

Exhibit 119: Ziemer Ophthalmic Systems AG - Overview
Exhibit 120: Ziemer Ophthalmic Systems AG - Product / Service
Exhibit 121: Ziemer Ophthalmic Systems AG - Key offerings

11 Appendix

11.1 Scope of the report

11.2 Inclusions and exclusions checklist

Exhibit 122: Inclusions checklist
Exhibit 123: Exclusions checklist

11.3 Currency conversion rates for US$

Exhibit 124: Currency conversion rates for US$

11.4 Research methodology

Exhibit 125: Research methodology
Exhibit 126: Validation techniques employed for market sizing
Exhibit 127: Information sources

11.5 List of abbreviations

Exhibit 128: List of abbreviations

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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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