What is Global Excimer Laser Treatment System Market?
The Global Excimer Laser Treatment System Market is a vast and dynamic field that has been gaining significant attention in recent years. This market revolves around the use of excimer lasers, a type of ultraviolet laser, which is commonly used in eye surgeries and other medical procedures. The global market for these systems is expansive, encompassing a wide range of applications in various medical fields. The value of this market was estimated to be around US$ 471 million in 2023, and it is projected to reach a staggering US$ 702.2 million by 2030. This growth is expected to occur at a compound annual growth rate (CAGR) of 5.8% during the forecast period from 2024 to 2030.
System for Ophthalmology Treatment, System for Medical Beauty in the Global Excimer Laser Treatment System Market:
The Global Excimer Laser Treatment System Market is divided into two main segments: System for Ophthalmology Treatment and System for Medical Beauty. The former is the larger of the two, accounting for about 85% of the market. These systems are primarily used in eye surgeries, such as refractive surgery, to correct vision problems. On the other hand, the System for Medical Beauty is used in various cosmetic procedures, such as skin resurfacing and tattoo removal. Both these segments have been witnessing steady growth, driven by advancements in technology and increasing demand for non-invasive medical procedures.
Hospitals, Ambulatory Surgical Centers, Ophthalmology Clinics in the Global Excimer Laser Treatment System Market:
The usage of the Global Excimer Laser Treatment System Market is widespread across various healthcare facilities. Hospitals, Ambulatory Surgical Centers, and Ophthalmology Clinics are some of the key areas where these systems are extensively used. In hospitals, these systems are primarily used in eye surgeries, while in Ambulatory Surgical Centers, they are used for a variety of procedures, including cosmetic ones. Ophthalmology Clinics, on the other hand, use these systems for vision correction surgeries. The versatility and effectiveness of these systems have made them an integral part of these facilities.
Global Excimer Laser Treatment System Market Outlook:
To put the Global Excimer Laser Treatment System Market into perspective, in 2023, the market was valued at US$ 471 million. Fast forward to 2030, and it's projected to reach a value of US$ 702.2 million. This represents a compound annual growth rate (CAGR) of 5.8% during the forecast period of 2024 to 2030. The lion's share of this market is held by the top five manufacturers, who collectively account for over 70% of the market. The largest segment of this market is the System for Ophthalmology Treatment, which holds about 85% of the market share.
| Report Metric | Details |
| Report Name | Excimer Laser Treatment System Market |
| Accounted market size in 2023 | US$ 471 million |
| Forecasted market size in 2030 | US$ 702.2 million |
| CAGR | 5.8% |
| Base Year | 2023 |
| Forecasted years | 2024 - 2030 |
| Segment by Type |
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| Segment by Application |
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| By Region |
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| By Company | Johnson & Johnson Vision, Bausch and Lomb Incorporated, WaveLight(Alcon), Carl Zeiss Meditec AG, NIDEK Co., Ltd., Strata Skin Sciences, SCHWIND Eye-Tech-Solutions Gmbh and Co.KG, 66 Vision Tech |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
