European ophthalmic lasers market is growing at a CAGR of 5.4% during the forecast period. The demand for ophthalmic lasers in Europe is driven by increasing cataract and glaucoma patients. Moreover, increasing awareness regarding ophthalmic disorders and improving healthcare infrastructure is also contributing to market growth. Several ophthalmic laser procedures can be performed on an outpatient basis and are relatively pain-free. The combination of significant accuracy and safety make lasers highly useful ophthalmic tools. However, the lasers require to be used accurately and safely during the procedure to prevent hazards and accidental exposure to laser beams. Hence, highly skilled professionals are required who can effectively operate a laser device. 

The major factors that are encouraging the adoption of ophthalmic lasers include increasing prevalence of glaucoma and cataract, technological innovations in ophthalmic laser technology and significant growth in the geriatric population base. According to the United Nations (UN), in 2015, 1 in 8 people Europeanly was aged 60 years and older. During the period 2015 and 2030, the people aged 60 years and older is anticipated to grow by 56%, from 901 million to 1.4 billion. Among the elderly population, vision loss is a major healthcare concern. 

The European ophthalmic lasers market is segmented on the basis of type, application, and end-user. Based on the type, the market is further classified into SLT laser, Nd: YAG laser, excimer laser, femtosecond laser, cyclodiode laser, and others. There are multiple applications for Nd: YAG lasers and are most commonly used for the treatment of posterior capsular opacification after cataract surgery. Other applications comprise the treatment of recurrent vitreous floaters and corneal erosions. Additionally, based on application, the market is further classified into cataract surgery, refractive surgery, AMD, cornea transplant surgery, glaucoma surgery, diabetic retinopathy, and others. Based on end-user, the market is further classified into hospitals, clinic and ambulatory surgical centers.

The major companies in the market include Carl Zeiss Meditec AG, Johnson & Johnson Service, Inc., NIDEK Co., Ltd., and Ziemer Ophthalmic Systems AG. Some key strategies adopted by these companies include mergers and acquisitions, product launches and partnerships to attract a large number of customer base and expand share in the market. For instance, in April 2017, NIDEK Co., Ltd. introduced NAVEX Quest M2, an advanced vision excimer laser system. It is a unique combination of technologies, such as incorporating the Quest M2 excimer laser system, corneal topographer, and the OPD-Scan III whole eye aberrometer. 

Research Methodology

The market study of the European ophthalmic lasers market is incorporated by extensive primary and secondary research conducted by the research team at OMR.  Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.

Secondary Sources Include:

• Financial reports of companies involved in the market.
• Authentic public databases such as ec.europa.eu, iapb.org and so on. 
• Whitepapers, research-papers, and news blogs.
• Company websites and their product catalog.

The report is intended for government and private companies for overall market analysis and competitive analysis. The report provides an in-depth analysis on market size, intended quality of the service preferred by consumers. The report will serve as a source for 360-degree analysis of the market thoroughly integrating different models. 

Market Segmentation:

1. European Ophthalmic Lasers Market Research and Analysis by Type
2. European Ophthalmic Lasers Market Research and Analysis by Application
3. European Ophthalmic Lasers Market Research and Analysis by End-User

The Report Covers:

• Comprehensive research methodology of the European ophthalmic lasers market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the European ophthalmic lasers market.
• Insights about market determinants which are stimulating the European ophthalmic lasers market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.