Global laser probe market is expected to rise to an estimated value of USD 2024.77 million by 2026 registering a substantial CAGR in the forecast period of 2019-2026. This rise in market value can be attributed to the increased focus on advancing the technologies associated with laser probes which has been affected by an increased investment expenditure on research & development.
Few of the major competitors currently working in the global laser probe market are Novartis AG, Bausch & Lomb Incorporated, FCI, REIMERS & JANSSEN GmbH, ADInstruments, Transonic, Lumenis, OphthalMed LLC, Vitreq, IRIDEX Corporation, Quantel Medical, Katalyst Surgical, LLC, Vortex Surgical, D.O.R.C. Dutch Ophthalmic Research Center (International) B.V., Monteris, Oertli Instrumente AG, among others.
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A good number of top competitors are taken into consideration in this report to obtain the insights on strategic industry analysis of the key factors influencing the market. In addition to thorough competitive analysis, the Laser Probe Market report also contains company profiles and contact information of the key market players in the key manufacturer’s section. What is more, this market report covers a complete study of the product specifications, revenue, cost, price, gross capacity and production. Thus, the data of this Laser Probe Market report not only restrains the risks of ambiguity but also lend a hand in reaching to the sound decisions while maintaining the reputation of the firm and its products.
Market Definition: Global Laser Probe Market
Laser probe is an ophthalmic medical device designed for diagnostic applications. It is a minimally-invasive diagnostic procedure where in the laser probes help in detection of any abnormalities in the eye, brain, and several other areas. This probe helps in real-time determination of abnormalities rather than extracting the samples from the patient and performing several diagnostic procedures on it. This results in better efficiency of treatment and also reduced time taken to determine the results of the procedure.
Complete report on Global Laser Probe Market Research Report 2019-2026 spread across 350 Pages, profiling Top companies and supports with tables and figures
Segmentation: Global Laser Probe Market
Laser Probe Market : By Product Type
- Continuous Wave (CW) Laser Probes
- Pulsed Laser Probes
Laser Probe Market : By Probe Type
- Single Laser Probe
- Cluster Laser Probe
Laser Probe Market : By Application
Laser Probe Market : By End-Users
Laser Probe Market : By Geography
- North America
- South America
- Middle East and Africa
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Laser Probe Market Drivers
- Growth in geriatric population resulting in greater occurrence of ophthalmic disorders, is expected to drive the growth of the market
- Increasing prevalence of ophthalmic diseases/disorders due to the increased prevalence of diabetic patients, this factor is expected to drive the growth of the market
- Increased applications of these devices for more than just diagnostic usage, is expected to positively affect the growth of the market
- Rising incidences of cases where the usage of probes are necessary, is expected to have a positive effect on the market
Key Developments in the Laser Probe Market :
- In October 2018, Monteris announced that they had received the U.S. FDA clearance for their “NeuroBlate Optic Laser Probe”. The product is designed to use in “NeuroBlate System” which is a MRI-guided laser thermotherapy in treatment of brain tumors and epileptic foci. The product is a metal-thermocouple equipped with fiber optic controlled cooling capability providing better levels of safety in treatment.
- In March 2018, IRIDEX Corporation announced that the “G-Probe Illuminate” product is ready for commercialization in the European region after they received CE marking. The product is designed for targeted transscleral cyclophotocoagulation (CPC). The probe offers combined transillumination and is the third laser probe by the company equipped with company’s “CYCLO G6 Glaucoma Laser System”. Due to its transillumination, the physicians/surgeons can provide better placement of probes resulting in better therapies.
Key questions answered in the report :-
- What are the challenges being faced by the new entrants?
- Which will be the Laser Probe Market application and sorts and estimate joined intently by makers?
- Which will be the dangers which will attack growth?
- The length of the global Laser Probe market opportunity?
- How Laser Probe Market share advance vacillations their value from various assembling brands?
Table of Content: Global Laser Probe Market
Part 01: Executive Summary
Part 02: Scope of The Report
Part 03: Global Laser Probe Market Landscape
Part 04: Global Laser Probe Market Sizing
Part 05: Global Laser Probe Market Segmentation by Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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