Global Excimer Laser Market Size, Share & Trends Analysis Report by Emission Wavelength (Less Than 200 nm, 200 nm – 300 nm, and More Than 300 nm), by End-use industry (Industrial, Aerospace and Military, Automotive, Healthcare, and Others) Forecast, 2019-2025.
The global Excimer laser market is expected to grow at a CAGR of around 6.8% over the forecast period. The Excimer lasers are commonly used in the production of microelectronic devices, eye surgery, micromachining, and semiconductors based integrated circuits or chips. In ophthalmology, Excimer lasers emit ultraviolet light with wavelengths shorter than 350 nm which are serviceable in refractive surgery. Excimer lasers also frequently applied in bioengineering applications and gene manipulation that uses the high photon energy of ultraviolet light.
The factors that enhance the growth of the global Excimer laser market include the various end-use industries it is served in, such as the healthcare industry, aerospace industry, automotive industry, industrial equipment, and military industry. In healthcare, excimer lasers are utilized for operations to reduce astigmatism, myopia, hyperopia and others. Excimer lasers have diverse applications in different sectors of the ophthalmology which are dependent on industry chain, market characteristics, and market dynamics, that are likely to propel the growth of the Excimer lasers market during the forecast period. Moreover, excimer lasers have a high-power ultraviolet output which is making it useful for surgery, which is one of the driving factors that driving the excimer laser market across the globe.
Further, the prominent manufacturers operating in the global Excimer market include WaveLight GmbH, NIDEK Co. Ltd., Kera Harvest Inc, Scorperich Medical Devices Co. Ltd., and GPI RAS among others. The ophthalmic Excimer laser system markets its product segment due to the rise in the adoption of solutions and procedures regarding health care. In April 2018, Nidek launches a new excimer laser system to motorized magnification control and multi-point ablation. Thus, such product developments and launches by the companies will result in the growth of the global Excimer laser market over the forecast period.
Research Methodology:
The market study of the global Excimer Laser market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. The research team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables the analyst to derive the closest possible figures without any major deviations in the actual number. The analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of our reports.
Secondary Sources Include:
The report is intended for investment companies and government organizations for overall market analysis and competitive analysis. The report provides an in-depth analysis of the market size and growth opportunities. The report will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions.
Market Segmentation:
1. Global Excimer Laser Market Research and Analysis by Emission Wavelength
2. Global Excimer Laser Market Research and Analysis by End-use Industry
The Report Covers:
The global Excimer laser market is expected to grow at a CAGR of around 6.8% over the forecast period. The Excimer lasers are commonly used in the production of microelectronic devices, eye surgery, micromachining, and semiconductors based integrated circuits or chips. In ophthalmology, Excimer lasers emit ultraviolet light with wavelengths shorter than 350 nm which are serviceable in refractive surgery. Excimer lasers also frequently applied in bioengineering applications and gene manipulation that uses the high photon energy of ultraviolet light.
The factors that enhance the growth of the global Excimer laser market include the various end-use industries it is served in, such as the healthcare industry, aerospace industry, automotive industry, industrial equipment, and military industry. In healthcare, excimer lasers are utilized for operations to reduce astigmatism, myopia, hyperopia and others. Excimer lasers have diverse applications in different sectors of the ophthalmology which are dependent on industry chain, market characteristics, and market dynamics, that are likely to propel the growth of the Excimer lasers market during the forecast period. Moreover, excimer lasers have a high-power ultraviolet output which is making it useful for surgery, which is one of the driving factors that driving the excimer laser market across the globe.
Further, the prominent manufacturers operating in the global Excimer market include WaveLight GmbH, NIDEK Co. Ltd., Kera Harvest Inc, Scorperich Medical Devices Co. Ltd., and GPI RAS among others. The ophthalmic Excimer laser system markets its product segment due to the rise in the adoption of solutions and procedures regarding health care. In April 2018, Nidek launches a new excimer laser system to motorized magnification control and multi-point ablation. Thus, such product developments and launches by the companies will result in the growth of the global Excimer laser market over the forecast period.
Research Methodology:
The market study of the global Excimer Laser market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. The research team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables the analyst to derive the closest possible figures without any major deviations in the actual number. The analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of our reports.
Secondary Sources Include:
- Financial reports of companies involved in the market
- Whitepapers, research-papers, and news blogs
- Company websites and their product catalog
The report is intended for investment companies and government organizations for overall market analysis and competitive analysis. The report provides an in-depth analysis of the market size and growth opportunities. The report will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions.
Market Segmentation:
1. Global Excimer Laser Market Research and Analysis by Emission Wavelength
2. Global Excimer Laser Market Research and Analysis by End-use Industry
The Report Covers:
- Comprehensive Research Methodology of the global Excimer Laser market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the global Excimer Laser market.
- Insights about market determinants which are stimulating the global Excimer Laser market.
- Detailed and extensive market segments with regional distribution of forecast revenues.
- Extensive profiles and recent developments of market players.
Companies Mentioned
A selection of companies mentioned in this report includes:
- Abbott Medical Optics Inc.
- Alcon, a Novartis company
- Bausch & Lomb Inc.
- Carl Zeiss AG
- Kera Harvest Inc.
- NIDEK Co. Ltd.
- PhotoMedex Inc.
- Scorperich Medical Devices Co. Ltd.
- Technolas Perfect Vision GmbH
- WaveLight GmbH
