Latin America and Middle East African (LAMEA) ophthalmic laser market is forecast to grow at a CAGR of 4.9% during the forecast period. The market for ophthalmic lasers in the LAMEA has growth opportunities due to the contribution of the countries such as Brazil, Israel, South Africa, and other countries from the rest of the world. The healthcare system in South Africa, Brazil, and Israel has improved over the years with infrastructural development and treatment of eye-related diseases. The factors contributing to the growth of the ophthalmic laser market in LAMEA include a rising prevalence of chronic eye diseases such as cataracts and glaucoma. Along with it, an increase in the number of eye patients, and awareness of advanced laser eye treatment for vision correction is expected to fuel the growth of the market in the near future. 

As per the International Agency for the prevention of Blindness (IAPB), approximately half the blindness in South Africa is caused due to cataracts. The prevalence of blinding bilateral cataracts in Africa is estimated to be around 0.5%. In 2008, the cataract surgical rate in South Africa was 200-400 people. The country has a target to increase this cataract surgical rate to 2,000 in 2020 that will require more ophthalmic lasers for performing cataract surgery. Trachoma is the second leading cause of blindness in South Africa. As per the estimation, more than 2.2 million people are blind from trachoma. This increasing prevalence of chronic eye diseases creates enormous opportunities for ophthalmic laser manufactures and drives the market in the region. 

The LAMEA 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 is 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 hospital, clinic and ambulatory surgical center.

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 merger and acquisitions, product launches and partnerships to attract a large number of customer base and expand share in the market. 

Research Methodology

The market study of the LAMEA 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 in 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 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. LAMEA Ophthalmic Lasers Market Research and Analysis by Type
2. LAMEA Ophthalmic Lasers Market Research and Analysis by Application
3. LAMEA Ophthalmic Lasers Market Research and Analysis by End-User

The Report Covers:

• Comprehensive research methodology of LAMEA 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 LAMEA ophthalmic lasers market.
• Insights about market determinants which are stimulating the LAMEA ophthalmic lasers market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.