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03-Jul-2019

Laser Probe Market is to reach USD 1560.76 Million by 2023 with Lucrative CAGR 9.11%

Global Laser Probe Market is expected to reach a market value of USD 1560.76 million by 2023 from USD 922.6 million in 2017 and is expected to register a lucrative CAGR of 9.11% during the forecast period of 2018 to 2023.

The Global Laser Probe Market studies the overall dynamics and trends of the market in terms of various segments and regional outlook for the period of 2017 to 2023. The report offers of historic and future market scenario in terms of market value, share and critical developments taking place in the industry. Market size, forecast, trends of each country and region are studied in the report for the focus period of 2017 to 2023.

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Qualitative assessment tools such as PEST analysis, cost structure analysis and regulatory compliance for pharmaceutical products are offered in the report. The report also comprises Pipeline Analysis which helps understand the comprehensive forecast scenario of the market in terms of value and dynamics. The report analyses the recent drug approval trends and market dynamics such as drivers, restrains, and opportunities, industry trends and future outlook in the Global Laser Probe Market.

The report represents key players operating in the market along with its competitive landscape. The competitive landscape includes player positioning analysis, competitive matrix and market share analysis of the key players operating in the industry. The market attractive index highlights the most lucrative regional market to invest in the market.

The market is studied for regions such as North America (U.S., and Canada), Europe (U.K., Germany, France, Spain, and Rest of Europe), Asia Pacific (China, Japan, India, South Korea, Australia, and Rest of Asia Pacific), Latin America (Brazil, Mexico, and Rest of Latin America) and Middle East amp; Africa (GCC, South Africa, and Rest of Middle East amp; Africa).

Key Takeaways:

What is the market size in 2018 and the growth rate of the Global Laser Probe Market?

What is the market drivers, restrains, opportunities governing the Global Laser Probe Market?

Which are the largest and the fastest growing segments in the Global Laser Probe Market?

Who are the key players operating in the market and their market position?

What is the pipeline scenario, drug pricing analysis and technological development in the market?

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Introduction

The laser probe is a well-known technology within the imaging industry. Formerly, these probes were used for the diagnosis of the ophthalmic disease, but nowadays these laser probes have a wide range of applications. Despite the saturation in developed countries, the market for laser probes in healthcare and life science is anticipated to grow. The increasing prevalence of chronic diseases, an increasing number of cataract and glaucoma surgeries, and an increasing number of medical emergencies are likely to drive the growth of the global laser probe market. According to Novartis Healthcare in 2015, nearly 4 million cataract surgeries are performed every year in the US. Glaucoma affects more than 2.7 million Americans of age 40 and older. Additionally, according to the US Centers for Disease Control and Prevention 2016, around 10% of kids and teen participating in sports suffered from a minor or major type of injury.

The global laser probe market is expected to reach a market value of USD 1560.76 million by 2023 from USD 922.6 million in 2017 and is expected to register a CAGR of 9.11% during the forecast period of 2018 to 2023. In 2017, the market was led by the Americas with a 38.45% share, followed by Europe with a share of 32.29%. The market growth in the Americas is attributed to the increasing prevalence of diseases such as cataract and arthritis and the increasing demand for aesthetics.

The global laser probe market has been segmented based on product type, probe type, application, end user, and region.
The global laser probe market, by product type, has been segmented into continuous-wave (CW) laser probes and pulsed laser probes.
The global laser probe market, by probe type, has been segmented into single laser probe and cluster laser probe.
The global laser probe market, by application, has been segmented into ophthalmology, dermatology, rheumatology, orthopedics, and dentistry.
By end user, the global laser probe market has been segmented into tertiary hospitals and clinics.

Key Players

Alcon (Novartis), Bausch amp; Lomb Incorporated, FCI, Omega Laser Systems Ltd, REIMERS amp; JANSSEN GmbH, ADInstruments, Transonic Systems Inc, Lumenis, OphthalMed LLC, Vitreq, IRIDEX Corporation, and Quantel Medical

Study Objectives

bull; To provide a comprehensive analysis of the laser probe industry and its sub-segments in the global market, thereby providing a detailed structure of the industry
bull; To provide detailed insights into factors driving and restraining the growth of the global laser probe market
bull; To estimate the market size of laser probe from 2015 to 2023 for different regions. Wherein, 2015 to 2016 would be the historic period, 2017 shall be the base year, and 2018 to 2023 will be the forecast period for the study
bull; To analyze the global laser probe market, on the basis of four main geographies, namely, the Americas, Europe, Asia-Pacific, and the Middle East and Africa
bull; To compare products with respect to various players in the market
bull; To provide country-wise market value analysis for various segments of the laser probe market
bull; To provide strategic profiling of key companies (manufacturers and distributors) present across the globe and comprehensively analyze their competitiveness/competitive landscape in this market
bull; To provide distribution chain analysis/value chain for the laser probe market

Target Audience

bull; Probe Manufacturing Companies
bull; Biotechnology Companies
bull; Government Research Institutes
bull; Academic Institutes and Universities

Key Findings

bull; The global laser probe market is expected to reach USD 1560.76 million by 2023 from USD 922.6 million in 2017 and is expected to register a CAGR of 9.11% during the forecast period of 2018 to 2023
bull; On the basis of product type, the continuous-wave (CW) laser probe segment accounted for the largest market share and is projected to register a CAGR of 8.67% from 2018 to 2023
bull; Based on probe type, the single laser probe segment accounted for the largest market share and is anticipated to register a CAGR of 8.56% from 2018 to 2023
bull; Based on application, the ophthalmology segment accounted for the largest market share and is anticipated to register a CAGR of 7.96% from 2018 to 2023
bull; Based on end user, the tertiary hospitals segment held the largest market share of 63.97% in 2017 and is projected to register a CAGR of 8.86% during the forecast period
bull; The Americas is expected to hold the largest share of the global laser probe market at a CAGR of 8.53% from 2018 to 2023
bull; Asia-Pacific is the fastest growing market, which is expected to register a CAGR of 9.71% from 2018 to 2023

Regional Analysis

bull; Americas
o North America
 US
 Canada
o South America
bull; Europe
o Germany
o France
o UK
o Italy
o Spain
o Rest of Europe
bull; Asia-Pacific
o Japan
o China
o India
o Australia
o Rest of Asia-Pacific
bull; Middle East amp; Africa
o Middle East
o Africa

Table Of Contents

Global Laser Probe Market Research Report Forecast to 2023

1 Report Prologue

2 Market Introduction
2.1 Scope of Study
2.2 Research Objective
2.3 List of Assumptions
2.4 Market Structure

3 Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
3.5 Forecast Model

4 Market Dynamics
4.1 Introduction
4.2 Drivers
4.2.1 Increasing prevalence of chronic diseases
4.2.2 Increasing number of cataract and glaucoma surgeries
4.2.3 Increasing number of medical emergencies
4.3 Restraints
4.3.1 Availability of alternative diagnostic techniques
4.3.2 Lack of technological and social awareness
4.4 Opportunities
4.4.1 Improvement in the reimbursement scenario

5 Market Factor Analysis
5.1 Porterrsquo;s Five Force Analysis
5.1.1 Bargaining power of suppliers
5.1.2 Bargaining power of buyers
5.1.3 Threat of new entrants
5.1.4 Threat of substitutes
5.1.5 Degree of rivalry
5.2 Value Chain Analysis
5.2.1 Raw Material
5.2.2 Supplier
5.2.3 Manufacturer
5.2.4 Distributor
5.2.5 Customer
5.2.6 Consumer

6 Global Laser Probe Market, By Product type
6.1 Introduction
6.2 Continuous-Wave (CW) laser probe
6.3 Pulsed laser probes

7 Global Laser Probe Market, By Probe type
7.1 Introduction
7.2 Single laser probe
7.3 Cluster laser probe

8 Global Laser Probe Market, By Application
8.1 Introduction
8.2 Ophthalmology
8.3 Dermatology
8.4 Rheumatology
8.5 Orthopedics
8.6 Dentistry

9 Global Laser Probe Market, By End User
9.1 Introduction
9.2 Tertiary Hospitals
9.3 Clinics

10 Global Laser Probe Market, By Region
10.1 Introduction
10.2 Americas
10.2.1 North America
10.2.1.1 US
10.2.1.2 Canada
10.2.2 South America
10.3 Europe
10.4 Western Europe
10.4.1 Germany
10.4.2 UK
10.4.3 France
10.4.4 Spain
10.4.5 Italy
10.4.6 Rest of Western Europe
10.4.7 Eastern Europe
10.5 Asia-Pacific
10.5.1 China
10.5.2 Japan
10.5.3 India
10.5.4 Australia
10.5.5 South Korea
10.5.6 Rest of Asia-Pacific
10.6 Middle East amp; Africa
10.6.1 Middle East
10.6.2 Africa

11 Competitive Landscape
11.1 Competitive Scenario
11.1.1 Introduction

12 Company Profile
12.1 Alcon (Novartis)
12.1.1 Company Overview
12.1.2 Financial Overview
12.1.3 Products Offering
12.1.4 Key Developments
12.1.5 SWOT Analysis
12.1.6 Key Strategy
12.2 Bausch amp; Lomb Incorporated
12.2.1 Company Overview
12.2.2 Financial Overview
12.2.3 Products Offering
12.2.4 Key Developments
12.2.5 SWOT Analysis
12.2.6 Key Strategy
12.3 FCI
12.3.1 Company Overview
12.3.2 Financial Overview
12.3.3 Products Offering
12.3.4 Key Developments
12.3.5 SWOT Analysis
12.3.6 Key Strategy
12.4 Omega Laser Systems Ltd
12.4.1 Company Overview
12.4.2 Financial Overview
12.4.3 Products Offering
12.4.4 Key Developments
12.4.5 SWOT Analysis
12.4.6 Key Strategy
12.5 REIMERS amp; JANSSEN GmbH
12.5.1 Company Overview
12.5.2 Financial Overview
12.5.3 Products Offering
12.5.4 Key Developments
12.5.5 SWOT Analysis
12.5.6 Key Strategy
12.6 ADInstruments
12.6.1 Company Overview
12.6.2 Financial Overview
12.6.3 Products Offering
12.6.4 Key Developments
12.6.5 SWOT Analysis
12.6.6 Key Strategy
12.7 Transonic Systems Inc.
12.7.1 Company Overview
12.7.2 Financial Overview
12.7.3 Products Offering
12.7.4 Key Developments
12.7.5 SWOT Analysis
12.7.6 Key Strategy
12.8 Lumenis
12.8.1 Company Overview
12.8.2 Financial Overview
12.8.3 Products Offering
12.8.4 Key Developments
12.8.5 SWOT Analysis
12.8.6 Key Strategy
12.9 OphthalMed LLC
12.9.1 Company Overview
12.9.2 Financial Overview
12.9.3 Products Offering
12.9.4 Key Developments
12.9.5 SWOT Analysis
12.9.6 Key Strategy
12.1 Vitreq
12.10.1 Company Overview
12.10.2 Financial Overview
12.10.3 Products Offering
12.10.4 Key Developments
12.10.5 SWOT Analysis
12.10.6 Key Strategy
12.11 IRIDEX Corporation
12.11.1 Company Overview
12.11.2 Financial Overview
12.11.3 Products Offering
12.11.4 Key Developments
12.11.5 SWOT Analysis
12.11.6 Key Strategy
12.12 Quantel Medical
12.12.1 Company Overview
12.12.2 Financial Overview
12.12.3 Products Offering
12.12.4 Key Developments
12.12.5 SWOT Analysis
12.12.6 Key Strategy

13 Appendix
13.1 Discussion Blue Print

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Last Updated: 03-Jul-2019