Global Ophthalmic Photocoagulator Market Size & Outlook

The global ophthalmic photocoagulator market size was estimated at USD 154.6 million in 2021 and is projected to reach USD 213.2 million by 2028, growing at a CAGR of 4.7% 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, 2016-2028 (US$M)

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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
IRIDEX Corp View profile 139 1212 Terra Bella Avenue, Mountain View, CA, United States, 94043 https://www.iridex.com
Lumenis View profile 1001-5000 Jerusalem, Yerushalayim, Israel, Asia http://lumenis.com
Nidek Medical View profile 101-250 Birmingham, Alabama, United States, North America http://www.nidekmedical.com
Meridian Bioscience View profile 501-1000 Cincinnati, Ohio, United States, North America http://meridianbioscience.com
Quantel Medical View profile 251-500 Cournon-d'auvergne, Auvergne, France, Europe http://www.quantel-medical.com/
Topcon Corp View profile 5543 75-1 Hasunuma-cho, Itabashi-ku, Tokyo, Japan, 1748580 http://www.topcon.co.jp
Bausch & Lomb Corp View profile 13300 520 Applewood Crescent, Vaughan, ON, Canada, L4K 4B4 https://www.bausch.com
Alcon Inc View profile 25315 Chemin de Blandonnet 8, Royce Bedward, Vernier, Geneva, Switzerland, 1214 https://www.alcon.com
Johnson & Johnson View profile 134400 One Johnson and Johnson Plaza, New Brunswick, NJ, United States, 08933 https://www.jnj.com

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

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Target buyers of Global ophthalmic photocoagulator market databook

  • Our clientele includes a mix of ophthalmic photocoagulator market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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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)

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