The global ophthalmic lasers market will likely grow substantially through 2026, according to a Future Market Insights report.
Here are four takeaways:
1. The market totaled an estimated $437.2 million at the end of 2016.
2. The growing prevalence of ophthalmic diseases and an increasing aging population acquiring ophthalmic diseases are spurring market growth.
3. Factors hindering market expansion include ophthalmic lasers' escalated costs and advanced technologies replacing ophthalmic laser technology.
4. North America leads the market and the report suggests this region will have estimated revenue of $242.2 million by 2026.