OPHTHALMIC LASERS MARKET ANALYSIS
Diabetes is a major cause of retinopathy and rising awareness among the population towards solutions for visual impairment, easy procedure of the surgery, increasing government initiatives are some of the factors driving growth of the ophthalmic lasers market. According to World Health Organization (WHO), the number of people with diabetes was estimated to around 422 million in 2014 and is expected to increase in the near future.
Lack of healthcare facilities in emerging countries and aversion in population for laser surgery are the factors hindering growth of the ophthalmic lasers market. According to International Council of Ophthalmology, in 2012, around 12,000 ophthalmologists were accounted for over 1 billion population, coming down to a ratio of 1 ophthalmologist for every 90,000 people in India.
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