Ophthalmic Devices are those devices which are used for vision correction or in ophthalmic diagnostic interventions. Ophthalmic Laser Devices create a uniform and coherent light which can be continuous or pulsed in treating a wide spectrum of diseases involving both the anterior and posterior segments of the eye for correcting refractive disorders. GlobalData uses proprietary data and analytics to provide a comprehensive report on the ophthalmic lasers market in South Korea. Buy the latest report here.
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In 2023, GlobalData’s Market Model methodology determined that the leading player in the ophthalmic lasers market in South Korea was Lensar followed by Johnson & Johnson Vision Care, Carl Zeiss Meditec, Alcon, Bausch & Lomb, SCHWIND eye-tech-solutions, Lumenis Be, Iridex, Nidek and Aurolab.
Understanding market size can be crucial to evaluate opportunities and make informed decisions about market entry and exit. Medical device companies can identify attractive segments in respective markets as well as develop marketing strategies based on forecasts for those segments.
Excimer Lasers, Femtosecond Lasers and YAG Lasers are covered under Ophthalmic Lasers. Excimer Lasers are used for photorefractive surgery to correct vision (myopia, hyperopia, astigmatism) and glaucoma treatment. Yttrium-Aluminium-Garnet (YAG) Laser is a laser whose active medium is a crystal of yttrium, aluminium, and garnet doped with neodymium ions that is used as a lasing medium for solid-state lasers. YAG Lasers are used for photocoagulation and photo ablation. A Femtosecond Laser is a laser which emits optical pulses.
The ophthalmic lasers market in South Korea can expand or contract due to a variety of reasons including population demographics, disease incidence and prevalence, macroeconomic issues, and geopolitical considerations. Disruption to a market could be caused by a sudden, unexpected change in these factors, but it could also be driven by changes in clinical practice, leading to a change in diagnosis or treatment of patients, as part of a process to generally improve medical practice.
For the latest analysis of the market size ophthalmic lasers in South Korea, buy the report here.
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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData’s Medical Intelligence Center Market Models are the gold standard of medical device market valuation, company share estimation and market trend forecasting. GlobalData uses a patient-based forecast model or installed base methodology to determine the market size for therapeutic indications and capital equipment expenditures. Estimates are based on a number of sources, including primary research—KOL and industry contact interviews—and secondary research, such as company reports, press releases, published articles, proprietary databases, and general news media.
