The laser eye shield global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Laser Eye Shield Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The laser eye shield market size has grown rapidly in recent years. It will grow from $1.87 billion in 2023 to $2.16 billion in 2024 at a compound annual growth rate (CAGR) of 15.3%. The growth in the historic period can be attributed to improved comfort and effectiveness, growing demand for premium shields, increasing healthcare spending, increasing frequency of laser-based cosmetic and corrective eye procedures, and the rapidly urbanizing demographics.
The laser eye shield market size is expected to see rapid growth in the next few years. It will grow to $3.84 billion in 2028 at a compound annual growth rate (CAGR) of 15.5%. The growth in the forecast period can be attributed to increasing demand for temperature-regulating laser eye shields, growing emphasis on ergonomic and lightweight laser eye shields, rising demand for laser eye shields in the aesthetic industry, increasing focus on infection control and increasing focus on the cleanliness in medical settings. Major trends in the forecast period include advancements in laser technology, intelligent shield development, geographical expansion, mergers and acquisitions, and technological advancements in laser eye shield design.
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Scope Of Laser Eye Shield Market
The Business Research Company’s reports encompass a wide range of information, including:
- Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
- Drivers: Examination of the key factors propelling market growth.
- Trends: Identification of emerging trends and patterns shaping the market landscape.
- Key Segments: Breakdown of the market into its primary segments and their respective performance.
- Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
- Macro Economic Factors: Assessment of broader economic elements impacting the market.
Laser Eye Shield Market Overview
Market Drivers –
The increasing prevalence of eye-related diseases is expected to propel the growth of the laser eye shield market going forward. Eye-related diseases are a broad category of medical conditions and disorders affecting the eyes and vision. These diseases can impact various eye structures, including the cornea, retina, lens, optic nerve, and surrounding tissues. The prevalence of eye-related diseases is due to aging populations, increased screen time, lifestyle changes, and chronic health conditions such as diabetes. Laser eye shields are critical in protecting the eyes during laser procedures to treat various eye diseases and conditions. Their use ensures safety by minimizing the risk of laser exposure to the retina and other sensitive eye structures, safeguarding vision, and optimizing treatment outcomes. For instance, in July 2021, according to data published by Brightfocus Foundation, a US-based nonprofit organization, the number of individuals globally diagnosed with glaucoma (a group of eye conditions that damage the optic nerve) is expected to reach 80 million glaucoma in 2021 to 111 million by 2040. Therefore, the increasing prevalence of eye-related diseases is driving the growth of the laser eye shield market.
Market Trends –
Major companies operating in the laser eye shield market are focusing on developing advanced technology, such as proprietary shutter technology, to ensure optimal visibility and comfort for users. Proprietary shutter technology in laser eye shields are advanced mechanisms designed to automatically block laser beams during procedures, ensuring precise and safe eye protection. For instance, in September 2021, Sciton Inc., a US-based medical equipment manufacturing company, launched BBLINK Goggles, a revolutionary product designed to provide unparalleled eye protection during BBL (BroadBand Light) treatments. These goggles feature proprietary shutter technology that automatically matches the speed of any broadband light application, ensuring consistent and reliable protection from every flash. They are designed to eliminate headaches and eye strain commonly associated with essential intense pulsed light (LPI) protection.
The laser eye shield market covered in this report is segmented –
1) By Type: Autoclavable, Single Use
2) By Material Type: Polymer Based, Glass Based, Silicone Based
3) By Procedure Type: Cosmetic, Therapeutics, Surgical
4) By Application: Hospital, Clinic, Personal Care
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Regional Insights –
North America was the largest region in the laser eye shield market in 2023. The regions covered in the laser eye shield market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies operating in the laser eye shield market are Honeywell International Inc., Gentex Corporation, Thorlabs Inc., Edmund Optics, Revision Military, Hayden Medical Inc., China Daheng Group, LASERVISION GmbH & Co. KG, Sperian Protection Deutschland GmbH & Co KG, Kentek Laser Safety, Univet Optical Technologies Inc., Ophir Optronics Solutions, Aesthetic Group, Oculo PLASTIK Inc., Ambler Surgical Corporation, Medop Sa, Bolle Safety, Laser Safety Industries, Melles Griot B.V., SPIRAL Surgical Co., Marina Medical Instruments Inc., Theia Eye Block
Table of Contents
- Executive Summary
- Laser Eye Shield Market Characteristics
- Laser Eye Shield Market Trends And Strategies
- Laser Eye Shield Market – Macro Economic Scenario
- Global Laser Eye Shield Market Size and Growth
………
- Key Mergers And Acquisitions In The Laser Eye Shield Market
- Laser Eye Shield Market Future Outlook and Potential Analysis
- Appendix
List Of Tables:
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global Laser Eye Shield Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global Laser Eye Shield Market, Segmentation By Material Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global Laser Eye Shield Market, Segmentation By Procedure Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
…………..
Table 75: Honeywell International Inc. Financial Performance
Table 76: Gentex Corporation Financial Performance
Table 77: Thorlabs Inc. Financial Performance
Table 78: Edmund Optics Financial Performance
Table 79: Revision Military Financial Performance
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