Global Ophthalmic Photocoagulator Market Size & Outlook

The ophthalmic photocoagulator industry worldwide is expected to reach a projected revenue of US$ 213.2 million by 2028. A compound annual growth rate of 4.7% is expected of the worldwide ophthalmic photocoagulator industry from 2022 to 2028.
Revenue, 2021 (US$M)
$154.6
Forecast, 2028 (US$M)
$213.2
CAGR, 2022 - 2028
4.7%
Report Coverage
Worldwide

Global ophthalmic photocoagulator market highlights

  • The global ophthalmic photocoagulator market generated a revenue of USD 154.6 million in 2021 and is expected to reach USD 213.2 million by 2028.
  • The market is expected to grow at a CAGR (2022 - 2028) of 4.7% by 2028.
  • In terms of segment, diabetic retinopathy accounted for a revenue of USD 43.8 million in 2021.
  • Diabetic Retinopathy is the most lucrative application segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2021.
  • Country-wise, Spain is expected to register the highest CAGR from 2022 to 2028.

Global data book summary

Market revenue in 2021USD 154.6 million
Market revenue in 2028USD 213.2 million
Growth rate4.7% (CAGR from 2021 to 2028)
Largest segmentDiabetic retinopathy
Fastest growing segmentDiabetic Retinopathy
Historical data covered2016 - 2020
Base year for estimation2021
Forecast period covered2022 - 2028
Quantitative unitsRevenue in USD million
Market segmentationGlaucoma, Diabetic Retinopathy, Age Related Macular Degeneration, Macular Edema

Other key industry trends

  • In terms of revenue, the North America accounted for 33.8% of the global ophthalmic photocoagulator market in 2021.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2028.
  • By country, Spain is the fastest growing regional market and is projected to reach USD 3.9 million by 2028.

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Ophthalmic Photocoagulator Market Companies

Name Profile # Employees HQ Website

Global ophthalmic photocoagulator market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to ophthalmic photocoagulator market will help companies and investors design strategic landscapes.


Diabetic retinopathy was the largest segment with a revenue share of 28.33% in 2021. Horizon Databook has segmented the Global ophthalmic photocoagulator market based on glaucoma, diabetic retinopathy, age related macular degeneration, macular edema covering the revenue growth of each sub-segment from 2016 to 2028.


  • Global Ophthalmic Photocoagulator Application Outlook (Revenue, USD Million, 2016-2028)
    • Glaucoma
    • Diabetic Retinopathy
    • Age Related Macular Degeneration
    • Macular Edema
    • Others
  • Global Ophthalmic Photocoagulator Wavelength Outlook (Revenue, USD Million, 2016-2028)
    • Green Scan Laser Photocoagulator
    • Yellow Scan Laser Photocoagulator
    • Red Scan Laser Photocoagulator
    • Multicolor Scan Laser Photocoagulator
  • Global Ophthalmic Photocoagulator End Use Outlook (Revenue, USD Million, 2016-2028)
    • Hospitals
    • Ambulatory Surgery Centers
    • Ophthlamic Clinics

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Horizon Databook provides a detailed overview of global-level data and insights on the Global ophthalmic photocoagulator market , including forecasts for subscribers. This global databook contains high-level insights into Global ophthalmic photocoagulator market from 2016 to 2028, including revenue numbers, major trends, and company profiles.

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Global ophthalmic photocoagulator market size, by regions, 2016-2028 (US$M)

Top 10 countries: Ophthalmic photocoagulator market size, 2021 (US$M)

Global ophthalmic photocoagulator market share, by application, 2021 & 2028 (%, US$M)

Ophthalmic photocoagulator market: Opportunity assessment by country

Global ophthalmic photocoagulator market, by region, 2021 (US$M)

Global ophthalmic photocoagulator market size, by regions, 2016-2028 (US$M)

Application 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 CAGR
North America 44.2 46.9 49.8 52.9 51.1 52.2 53.6 55.3 57.3 59.7 62.4 65.6 69.3 4.1%
Europe 38.0 40.3 42.7 45.2 43.6 44.7 46.1 47.7 49.6 51.9 54.5 57.6 61.0 4.6%
Asia Pacific 26.9 27.8 28.7 29.6 27.8 29.2 30.8 32.6 34.8 37.1 39.9 43.0 46.6 6.9%
Latin America 16.9 17.3 17.6 17.9 16.6 16.9 17.3 17.8 18.4 19.1 19.9 20.8 21.9 3.7%
MEA 11.5 11.8 12.1 12.3 11.5 11.6 11.8 12.0 12.4 12.8 13.2 13.8 14.4 3.1%
Overall 137.6 144.2 150.9 157.9 150.6 154.6 159.6 165.5 172.4 180.5 189.9 200.7 213.2 4.7%

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