Global Cataract Surgery Lasers Markets Will Reach $2.4 Billion by 2019 - Worldwide Industry Analysis, Size, Strategies, Opportunity, Share, Growth, Trends and Forecast, 2013 - 2019 : MarketResearchReports.Biz
ALBANY, New York, August 22, 2013 /PRNewswire/ --
New Market Research Report Added in MarketResearchReports.Biz Reports Database Femtosecond Lasers for Cataract Surgery: Market Shares, Strategies, and Forecasts, Worldwide, Nanotechnology, 2013 to 2019
WinterGreen Research announces that it has published a new study Femtosecond Lasers for Cataract Surgery Market Shares, Strategy, and Forecasts, Worldwide, 2013 to 2019. The 2013 study has 301 pages, 78 tables and figures. Worldwide markets are poised to achieve continuing growth as the aging population worldwide develops cataracts and need surgery. All older people develop cataracts, femtosecond lasers for cataract surgery improve the quality of the surgery in a dramatic manner.
Femtosecond laser technology for cataract surgery represents a paradigm shift. Surgeons approach cataract surgery with the ability to use automated process that is more reliable and more repeatable than manual techniques previously available. Alcon LenSx femtosecond lasers increase precision for key manual steps of the cataract surgery procedure.
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This femtosecond laser cataract surgical system equipment makes it possible to deliver reproducible, predictable, and improved clinical outcomes for cataract surgery. Through image-guided visualization and micron-level laser precision, the surgeon has complete control over the surgery process. Femtosecond laser cataract surgical systems offer an improved patient safety profile.
Because of the simultaneous change in demographics and the introduction of automated process, ophthalmologists are facing an explosion in demand for their services the next 20 years. The aging of the baby boomers and the fact that patients older than 65 consume 10 times the eye care of patients younger than 65 creates unprecedented demand for cataract surgery.
Cataracts are a clouding of the eye's natural lens that impairs one's ability to see clearly. With two accommodating Intraocular Lens IOLs likely to be approved within the next 12 months, the premium market is again exciting.
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Cataract surgical technology is evolving rapidly. Laser-assisted cataract surgery technology is gaining traction with clinicians. Surgeons are getting trained in the techniques needed to perform surgeries using these new types of equipment. The motivation to learn the new surgical techniques is that the equipment comes with the promise of improved surgical precision.
Ultrasonic phacoemulsification, the standard of care in cataract removal equipment for four decades, has been in great part responsible for the safety and effectiveness of modern cataract surgery. It is certain to remain the dominant lens removal technology in the near term. A technology still in its infancy, laser-assisted cataract surgery using femtosecond lasers and picosecond lasers, promises to raise the standard of precision and safety to new heights. Numerous types, and styles of Intraocular Lenses (IOLs), varying in size, and attachment mechanisms compliment the introduction of the femtosecond laser cataract surgical systems.
Cataract procedures for eye care have improved in accuracy as femtosecond laser-assisted surgery is introduced. Cataract surgery changes are documented in clinical trial and papers. Presentations have provided statistical proof of the potential of the new technology. The research proving effectiveness is of a breakthrough proportion. Precision, control, and efficacy of femtosecond lasers have exceeded manual incisional techniques faster than was anticipated.
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Patient populations have significant demand for improved visions as they age. Much of the over 65 population eludes the term elderly as people still remain active into their 70's, 80's and 90's thanks to health clubs and lifestyle changes including lots of exercise and healthy eating. The over 65 and elderly population segment is soaring. Life expectancies are climbing, and extended careers are becoming the norm.
As a result, growing needs and expectations for good vision in all ranges have created significant new market opportunities, expanding demand for multifocal and accommodating laser surgery. Surgeries are position to correct presbyopia, aspheric optics that address spherical aberration and make vision sharper, and support phakic IOLs allowing treatment of extreme refractive error.
Femtosecond lasers for cataract surgery market driving forces include the aging of the population. With age, all people have cataracts which can be cured with IOL. There is an ever-increasing baby boom aging population. There is a growing precision of cataract surgery. Safety of cataract surgical medical devices and lenses are primary market concerns. More advanced procedures are driving an increase in cataract surgery. Lower costs per surgery are driving an increase in cataract surgery.
Cataract surgical technology is evolving rapidly. Premium intraocular lenses (IOLs) introduced during the past decade and those still in the pipeline are raising patient's post-cataract visual expectations. Laser-assisted cataract surgery technology is gaining traction with clinicians. Surgeons are getting trained in the techniques needed to perform surgeries these new types of equipment. The motivation to learn the new surgical techniques is that the equipment comes with the promise of improved surgical precision.
According to Susan Eustis, lead author of the WinterGreen Research team that prepared the femtosecond lasers for cataract surgery market research study, "Superior image quality brings clinical improvement. Patients are thrilled when they can see so much more clearly."
As a result, growing needs and expectations for good vision in all ranges have created significant new market opportunities, expanding demand for multifocal and accommodating IOLs designed to correct presbyopia, aspheric optics that address spherical aberration and make vision sharper, and phakic IOLs allowing treatment of extreme refractive error.
Cataract surgery lasers markets at $572 million in 2012 are anticipated to reach $1.1 billion by 2013 and forecast to reach $2.4 billion dollars by 2019. Growth is a result of new competitors in the market, demand for the laser technology by patients, and the market need by surgeons for greater accuracy in cataract surgery.
Companies Profiled
Market Leaders
- Novartis / Alcon
Market Participants
- Abbott
- AISIN / IMRA Femtolite F / H Family
- Bioptigen
- Biovision
- Calmar Laser
- Ophtec Artisan R
- OptiMedica
- Raydiance
- Staar Surgical
- Valeant / Bausch & Lomb
- WaveTec Vision
- Zeiss
Check Out These Key Topics
- Laser Cataract Surgery
- Intraocular Lens (IOL)
- Hydrophilic Collamer Ultra-High Water
- Toric Visual Acuity
- FDA-Approved Intraocular Lens
- Medical Optics Cataract
- Cataract Surgical
- Eye Surgical Techniques
- IOL Acrylic Material
- Cataract Surgery
- Ocular Surgical Guidance Technology
- Femtosecond Technology
- Intraocular Lens (IOL) Market Share
- Intraocular Lens (IOL) Market Forecasts
- IOL Market Share
- IOL Market Forecasts
Table of Content
Femtosecond Lasers for Cataract Surgery
Market Shares and Forecasts
Femtosecond Laser Cataract Surgical System Market Driving Forces
Cataract Surgical Technology Is Evolving Rapidly
Older Patient Populations Have Significant Demand for Cataract Surgery
Femtosecond Laser Cataract Surgical System Market Shares
Novartis / Alcon
Alcon LenS Femtosecond Laser For Refractive
Cataract Surgical Workstation
Femtosecond Laser Cataract Surgical System Market Forecasts
1. Femtosecond Lasers for Cataract Surgery Market Description and Market Dynamics
1.1 Cataract Surgical Technology Is Evolving Rapidly
1.1.1 Patient Populations Have Significant Demand for Cataract Surgery
1.1.2 Challenge To Get Wide Acceptance Of A New Laser Once It Is Approved
1.1.3 Cataract Surgery Business
1.1.4 Femtosecond Laser for Cataract Surgery Market Challenges
1.2 Femtosecond Lasers
1.2.1 Fast As The Blink Of A Human Eye
1.3 World Economy Undergoing A Transformation
1.3.1 Global Economic Conditions:
1.3.2 Global Economy Becomes Steadily More Sluggish
1.3.3 Global Economic Conditions Impact Markets
2. Femtosecond Lasers for Cataract Surgery Market Shares and Forecasts
2.1 Femtosecond Laser Cataract Surgical System Market Driving Forces
2.1.1 Cataract Surgical Technology Is Evolving Rapidly
2.1.2 Older Patient Populations Have Significant Demand for Cataract Surgery
2.2 Femtosecond Laser Cataract Surgical System Market Shares
2.2.1 Novartis / Alcon
2.2.2 Novartis / Alcon
2.2.3 Alcon LenS Femtosecond Laser For Refractive Cataract Surgical Workstation
2.2.4 Novartis / Alcon Competitive Situation
2.2.5 OptiMedical Catalys
2.2.6 Excimer Lasers
2.2.7 Abbott Medical Optics
2.2.8 Victus
2.2.9 Technolas
2.2.10 Bausch + Lomb and Technolas™ Perfect Vision
2.2.11 Bausch + Lomb and Technolas™ Perfect Vision TPV
2.2.12 Bausch + Lomb and Technolas™ Perfect Vision TPV Research And Development Partnership
2.2.13 Ziemer Group Femto LDV Z6
2.2.14 WaveTec Vision
2.2.15 LensAR
2.3 Femtosecond Laser Cataract Surgical System Market Forecasts
2.3.1 Cataract Surgical Laser, Single Surgeon, Multi- Surgeon Practice and Team Based Multi Surgeon Practice Patients per Laser
2.3.2 Number of US Practicing Ophthalmologists
2.3.3 Cataract Surgical Technology Is Evolving Rapidly
2.3.4 Patient Populations Have Significant Demand for Cataract Surgery
2.3.5 Cataract Surgery Business
2.3.6 Cuts in Medicare Reimbursement
2.3.7 World Population Growth
2.3.8 Surgeon Practices Will Evolve
2.3.9 Femtosecond Laser Cataract Surgical System Market ROI and Disposable Supplies Forecasts
2.3.10 Alcon LenSx Laser-Assisted Cataract Surgery Procedure
2.3.11 Femtosecond Laser Docking Procedure
2.3.12 In the Operating Room
2.3.13 Cataract Surgical Femtosecond Laser Practice Considerations
2.3.14 Femtosecond Laser Capital Costs And Usage Fee,Disposable Fee
2.3.15 Laser-Assisted Cataract Surgery Procedure Analysis
2.3.16 Laser-Assisted Cataract Surgery Break-Even Analysis
2.4 Femtosecond Laser Cataract Surgical System Prices
2.4.1 Medicare Reimbursement For Capsular Tension Rings
2.4.2 Medicare payment
2.4.3 Medicare Reimbursement for Cataract Surgery:
2.5 Femtosecond Laser Cataract Surgical System Regional Market Segments
2.5.1 Alcon Cataract Surgery
2.5.2 Abbott Regional Revenue
2.5.3 Abbott Sales Mix
2.5.4 United States
2.5.5 Canada
2.5.6 Brazil Cataract Surgical Procedure
2.5.7 Brazilian Cataract surgeries
2.5.8 China
2.5.9 Toric Lens Implantations On The Rise In Europe
2.5.10 Advanced Technology Intraocular Lens Growth Markets
2.5.11 Cataract Surgery in the UK
2.5.12 Asia-Pacific Cataract Surgery
2.5.13 Cataract Surgery in India
2.5.14 Cataract Surgery Assembly Line System Followed At Aravind Eye Hospitals
2.5.15 Aurolab's Low-Cost, High-Volume Business Model
2.5.16 Highly Efficient Operations Coupled With Pricing Structure Allow 50% Profit Margin
2.5.17 World Health Organization (WHO),
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