Uploaded on Jan 18, 2022
The medical lasers systems market is projected to reach US$ 5,834.02 million by 2028 from US$ 2,398.60 million in 2021; it is expected to grow at a CAGR of 13.5% from 2021 to 2028. The increasing prevalence of eye disorders is one of the most key factors driving the growth of the market. Corneal diseases are the second-leading cause of blindness globally, after cataracts. According to the report released by the American Academy of Ophthalmology, cataracts affect more than 24.4 million Americans aged 40 and older. Also, diabetic retinopathy affects nearly 7.7 million Americans aged 40 and older. To avoid this, laser vision correction through medical lasers systems is the most common surgical procedure. Additionally, advances in laser ablation profiles have resulted in a better quality of vision, including better night vision. Thus, the rising prevalence of eye disorders globally raises the demand for medical lasers.
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