DUBLIN--(BUSINESS WIRE)--The "Global
Femtosecond Laser Cataract Surgery Market - Segmented by Technology,
Portability, Mode of Surgery, and Geography - Growth, Trends, and
Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's
The global femtosecond laser cataract surgery market is estimated to grow at a high CAGR, during the forecast period.
In majority of the population, cataract develops at the age of 40-50 and causes severe vision problems at the age of 60. In the United States, age-related lens changes have been reported in 42% of the population, between the ages of 52 and 64, an increased 60% for age 65-74 and 91% between the ages 75 and 85. This indicates that with increasing age, the susceptibility to cataract increases, which is evident, as by the age of 80, more than half of the US population has cataract. This data is an indicator of detected cases and not operated cases.
The need for solutions to ailments like cataract will be required in the aging countries like Japan, Greece, and Germany. In addition to that, in the developing countries, such as India and China, the sheer number of geriatrics requiring surgical cataract solutions, has the potential to drive the market.
The other factors, like the availability of highly and effective surgery method with less post-operation recovery time and the market being far from reaching a plateau, are driving the market.
In North America, the United States is dominating the femtosecond laser cataract market, due to the factors, such as increasing number of cataract cases and rising population of the elderly, in this region. Asia-Pacific is expected to record a substantial growth over the forecast period, due to increasing disposable income, and rising awareness among people about the eye diseases and their treatment.
Key Developments in the Market
- January 2018: LENSAR acquired the laser business assets of Precision Eye Services Inc.
- November 2017: LENSAR received FDA Clearance for IntelliAxis-L-LENSAR laser systems.
Key Topics Covered
1.1 Market Definition
2. Research Methodology
3. Executive Summary
4. Key Inferences
5. Market Overview
5.1 Current Market Scenario
5.2 Porter's Five Forces Analysis
6. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
6.1 Market Drivers
6.2 Market Restraints
6.4 Key Challenges
7. Market Segmentation
7.1 Segmentation by Technology
7.2 Segmentation by Portability
7.3 Segmentation by Mode of Surgery
7.4 Segmentation by Geography
8. Competitive Landscape
8.1 Mergers and Acquisition Analysis
8.2 Agreements, Collaborations, and Partnerships
8.3 New Product Launches
9. Key Players
9.3 Bausch & Lomb Holdings Inc.
9.6 Calmar Laser
10. Future of the Market
For more information about this report visit https://www.researchandmarkets.com/research/3dxf2s/global?w=4