South Korea Ophthalmic Photocoagulator Market Size & Outlook
South Korea ophthalmic photocoagulator market, 2016-2028 (US$M)
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South Korea ophthalmic photocoagulator market highlights
- The South Korea ophthalmic photocoagulator market generated a revenue of USD 2.6 million in 2021 and is expected to reach USD 4.1 million by 2028.
- The South Korea market is expected to grow at a CAGR of 6.7% from 2022 to 2028.
- In terms of segment, diabetic retinopathy was the largest revenue generating application in 2021.
- Diabetic Retinopathy is the most lucrative application segment registering the fastest growth during the forecast period.
Ophthalmic photocoagulator market data book summary
| Market revenue in 2021 | USD 2.6 million |
| Market revenue in 2028 | USD 4.1 million |
| Growth rate | 6.7% (CAGR from 2021 to 2028) |
| Largest segment | Diabetic retinopathy |
| Fastest growing segment | Diabetic Retinopathy |
| Historical data | 2016 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Glaucoma, Diabetic Retinopathy, Age Related Macular Degeneration, Macular Edema |
| Key market players worldwide | Lumenis, IRIDEX Corp, Alcon Inc, Quantel Medical, Nidek Medical, Johnson & Johnson, Topcon Corp, Bausch & Lomb Corp, Meridian Bioscience |
Other key industry trends
- In terms of revenue, South Korea accounted for 1.7% of the global ophthalmic photocoagulator market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
- In Asia Pacific, China ophthalmic photocoagulator market is projected to lead the regional market in terms of revenue in 2028.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 6.5 million by 2028.
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Ophthalmic Photocoagulator Market Scope
Ophthalmic Photocoagulator Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Korea 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 26.92% in 2021. Horizon Databook has segmented the South Korea 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.
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Our clientele includes a mix of ophthalmic photocoagulator market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea ophthalmic photocoagulator market , including forecasts for subscribers. This country databook contains high-level insights into South Korea ophthalmic photocoagulator market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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South Korea ophthalmic photocoagulator market size, by application, 2016-2028 (US$M)
South Korea Ophthalmic Photocoagulator Market Outlook Share, 2021 & 2028 (US$M)
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