2020 Ophthalmic Medical Lasers Market Size, Growth, Drivers, Trends And Forecast

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The Business Research Company’s latest report Ophthalmic Medical Lasers Global Market Report 2020 covers Ophthalmic Medical Lasers market drivers, Ophthalmic Medical Lasers market trends, Ophthalmic Medical Lasers market segments, Ophthalmic Medical Lasers market growth rate, Ophthalmic Medical Lasers market major players, and Ophthalmic Medical Lasers market size. The report provides in-depth analysis of the impact of COVID-19 on the Ophthalmic Medical Lasers industry, along with revised market numbers due to the effects of the coronavirus.

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Ophthalmic Medical Lasers Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.

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The global ophthalmic medical lasers market is expected to decline from $1.15 billion in 2019 to $1.09 billion in 2020 at a compound annual growth rate (CAGR) of -5.44%. The decline is mainly due to the COVID-19 outbreak that has led to restrictive containment measures involving social distancing, remote working, and the closure of industries and other commercial activities. The entire supply chain has been disrupted, impacting the market negatively. The market is then expected to recover and reach $1.28 billion in 2023 at a CAGR of 5.44%.

The report covers the Ophthalmic Medical Lasers market’s segments-

1) By Product: Diode Lasers, Femtosecond Lasers, Excimer Lasers Aromatherapy, ND-Yag Lasers, Others.

2) By End User: Hospitals, Specialty Clinics and Ambulatory Surgery Centers.

3) By Application: Refractive Error Correction, Cataract Removal, Diabetic Retinopathy, Glaucoma, Age-Related Macular Degeneration, Others.

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