Laser Indirect Ophthalmoscope Market, by Laser Type (Photocoagulating Laser, Photo Disrupting Laser, and Photo Ablating Laser), by Therapeutic Application (Diabetic Retinopathy, Peripheral Neovascularization, Lattice Degeneration, and Others), by End User (Multispecialty Hospitals, Ophthalmic Clinics, and Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2018 – 2026

  • Published On : Jan 2019 |
  • Pages : 157 Pages |
  • Format : CMI Insight PPT Format CMI Insight PDF Format

Laser Indirect Ophthalmoscope Market - Insights

Ophthalmoscope examines the interior structure of an eye and are combined with a source of light and lenses, which enables effective examination of interior structures of an eye. Ophthalmoscopes are used to perform ophthalmoscopy, which is regular examination of the eyes. Moreover, various other diseases such as presbyopia, dry eye, cataract, diabetic retinopathy, amblyopia, and others are diagnosed using ophthalmoscopes. In medical practice, ophthalmoscopes are most commonly used on patients who are suspected to have diabetes, hypertension, headaches, head trauma/injury, loss of/degraded vision, and eye pain. Ophthalmoscopes are divided into categories such as direct ophthalmoscopes and indirect ophthalmoscopes. Direct ophthalmoscopes are handheld devices, which are used by physicians to diagnose, whereas indirect ophthalmoscope can be mounted on head by the physician and the lens is held close to the eye. Laser indirect ophthalmoscopes are widely adopted by ophthalmologists, as using laser indirect ophthalmoscopes is convenient than direct ophthalmoscopy.

Technological advancements in ophthalmoscopes is expected to drive laser indirect ophthalmoscope market growth over the forecast period

Manufacturers such as Welch Allyn, Heine Optotechnik GmbH & Co. KG, Iridex Corporation, Keeler Limited, and others offer technologically advanced laser indirect ophthalmoscopes. Laser indirect ophthalmoscopy offer advantages such as wider field of view, better image resolution, less irritation to the ocular surface, and ease in ophthalmic examination, as the ophthalmoscope is mounted on the forehead of the physician/ophthalmologist. Indirect ophthalmoscopes available today facilitate improvements in eye examination results, and care. For instance, Smart LIO offered by Lumenis is a multiwavelength system in the market, and is compatible with multiple Lumenis photo coagulators. Smart LIO supports three wavelengths such as 532 nm (green), 577 nm (yellow), and 659 nm (red). Other technological advancements include adjustable interpupillary distance, adjustable mirrors, portable power packs, dust sealed optics, and others. These factors are expected to drive the global laser indirect ophthalmoscope market growth over the forecast period.

The global laser indirect ophthalmoscope market size was valued at US$ 89.5 million in 2017 and is expected to witness a robust CAGR of 4.2% over the forecast period (2018–2026).

Figure No.1: Global Laser Indirect Ophthalmoscope Market Share, by Region (%), 2018 - 2026        

                                                                                                                                                                                                

Source: Coherent Market Insights Analysis (2017)

Increasing prevalence of ophthalmic disorders is expected to support growth of the global laser indirect ophthalmoscope market over the forecast period

Rising prevalence of certain ophthalmic diseases such as peripheral neovascularization, lattice degeneration, and diabetic retinopathy is driving growth of the market. For instance, according to the Royal National Institute of Blind People (RNIB), over 5.7 million people are suffering from sight-threatening eye conditions in the U.K, in 2014. Moreover, 2 million people were suffering from sight loss in 2016, which is expected to increase to over 2.7 million people by 2030. Moreover, according to the Royal National Institute of Blind People (RNIB), in 2014, around 350,000 people were registered as blind or partially sighted. Increasing healthcare expenditures for treatment of sight loss, blindness, and sight-threatening conditions are expected to propel demand for basic eye care and examination, thereby propelling demand for necessary equipment such as laser indirect ophthalmoscopes over the forecast period. According to the RNIB- Eye Health 2016 report, in the U.K., during 2016, sight loss, blindness, and sight-threatening conditions accounted for US$ 2.03 million, US$ 0.27 million, and US$ 5.7 million healthcare expenditures, respectively.

However, product recalls are expected to restrain the global laser indirect ophthalmoscope market growth over the forecast period. For instance, in February 2018, Iridex Corporation voluntarily recalled TruFocus LIO Premiere Laser Indirect Ophthalmoscope, as three adverse events occurred during procedures in which the TruFocus LIO Premiere was used.

Some of the major players operating in the global laser indirect ophthalmoscope market include Ellex Medical Lasers Ltd, Iridex Corporation, Alcon, Carl Zeiss Meditec AG, Lumenis Ltd., Topcon Medical Laser System, Nidek Co. Inc., Ziemer Ophthalmic Systems AG, Heine Optotechnik GmbH, and Keeler Ltd.

Indirect ophthalmoscopes produce an inverted or reversed, direct image, which is two to five times magnified. An indirect ophthalmoscope has a stronger light source, a specially designed objective lens, and opportunity for stereoscopic inspection of the interior of the eyeball. Indirect ophthalmoscopes are important for diagnosis and treatment of retinal tears, holes, and detachments. Laser indirect ophthalmoscope has become an important tool in diagnosis and management of variety of vitreoretinal disorders. The most useful and successful variant of traditional ophthalmoscope is the binocular indirect headband ophthalmoscope (laser indirect ophthalmoscope).

Market Dynamics

Advantages offered by laser indirect ophthalmoscope over conventional ophthalmoscope is expected to drive growth of the laser indirect ophthalmoscope market over the forecast period. Moreover, increasing need of basic as well as diagnostic eye examinations of various ophthalmic disorders such as retinal holes or tears, retinal detachment, lattice degeneration, retinoschisis, and sickle cell retinopathy is fuelling demand for basic ophthalmic diagnostic equipments such as indirect ophthalmoscope. Advantages offered by indirect ophthalmoscope include wide field of view, examination of periphery of retina, and others. These factors are expected to fuel growth of the laser indirect ophthalmoscope market over the forecast period.

Key features of the study:

  • This report provides in-depth analysis of laser indirect ophthalmoscope market and provides market size (US$ Mn) and compound annual growth rate (CAGR %) for the forecast period (2018–2026), considering 2017 as the base year
  • It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by the leading players
  • It profiles leading players in the global laser indirect ophthalmoscope  market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies
  • Key companies covered as a part of this study include Ellex Medical Lasers Ltd, Iridex Corporation, Alcon, Carl Zeiss Meditec AG, Lumenis Ltd., Topcon Medical Laser System, Nidek Co. Inc., Ziemer Ophthalmic Systems AG, Heine Optotechnik GmbH, and Keeler Ltd.
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future product launches, by technology up-gradation, market expansion, and marketing tactics
  • The global laser indirect ophthalmoscope market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the laser indirect ophthalmoscope market

Detailed Segmentation:

  • Global Laser Indirect Ophthalmoscope Market, By Laser Type:
    • Photocoagulating laser
    • Photo disrupting laser
    • Photo ablating laser
  • Global Laser Indirect Ophthalmoscope Market, By Therapeutic Application:
    • Diabetic retinopathy
    • Peripheral neovascularization
    • Lattice degeneration
    • Others
  • Global Laser Indirect Ophthalmoscope Market, By End User:
    • Multispecialty Hospitals
    • Ophthalmic Clinics
    • Others
  • Global Laser Indirect Ophthalmoscope Market, By Region:
    • North America
      • By Laser Type:
        • Photocoagulating laser
        • Photo disrupting laser
        • Photo ablating laser
      • By Therapeutic Application:
        • Diabetic retinopathy
        • Peripheral neovascularization
        • Lattice degeneration
        • Others
      • By End User:
        • Multispecialty Hospitals
        • Ophthalmic Clinics
        • Others
      • By Country:
        • U.S.
        • Canada
    • Europe
      • By Laser Type:
        • Photocoagulating laser
        • Photo disrupting laser
        • Photo ablating laser
      • By Therapeutic Application:
        • Diabetic retinopathy
        • Peripheral neovascularization
        • Lattice degeneration
        • Others
      • By End User:
        • Multispecialty Hospitals
        • Ophthalmic Clinics
        • Others
      • By Country:
        • U.K.
        • Germany
        • Italy
        • France
        • Spain
        • Russia
        • Rest of Europe
    • Asia Pacific
      • By Laser Type:
        • Photocoagulating laser
        • Photo disrupting laser
        • Photo ablating laser
      • By Therapeutic Application:
        • Diabetic retinopathy
        • Peripheral neovascularization
        • Lattice degeneration
        • Others
      • By End User:
        • Multispecialty Hospitals
        • Ophthalmic Clinics
        • Others
      • By Country:
        • China
        • India
        • Japan
        • ASEAN
        • Australia
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • By Laser Type:
        • Photocoagulating laser
        • Photo disrupting laser
        • Photo ablating laser
      • By Therapeutic Application:
        • Diabetic retinopathy
        • Peripheral neovascularization
        • Lattice degeneration
        • Others
      • By End User:
        • Multispecialty Hospitals
        • Ophthalmic Clinics
        • Others
      • By Country:
        • Brazil
        • Mexico
        • Rest of Latin America
    • Middle East
      • By Laser Type:
        • Photocoagulating laser
        • Photo disrupting laser
        • Photo ablating laser
      • By Therapeutic Application:
        • Diabetic retinopathy
        • Peripheral neovascularization
        • Lattice degeneration
        • Others
      • By End User:
        • Multispecialty Hospitals
        • Ophthalmic Clinics
        • Others
      • By Country:
        • GCC
        • Israel
        • Rest of Middle East
    • Africa
      • By Laser Type:
        • Photocoagulating laser
        • Photo disrupting laser
        • Photo ablating laser
      • By Therapeutic Application:
        • Diabetic retinopathy
        • Peripheral neovascularization
        • Lattice degeneration
        • Others
      • By End User:
        • Multispecialty Hospitals
        • Ophthalmic Clinics
        • Others
      • By Country:
        • Central Africa
        • South Africa
        • North Africa
  • Company Profiles
    • Ellex Medical Lasers Ltd *
      • Company Overview
      • Product Portfolio
      • Key Developments
      • Financial Performance
      • Strategies
    • Iridex Corporation
    • Alcon
    • Carl Zeiss Meditec AG
    • Lumenis Ltd.
    • Topcon Medical Laser Systems
    • Nidek Co. Inc.
    • Ziemer Ophthalmic Systems AG
    • Heine Optotechnik GmbH
    • Keeler Ltd.

 “*” marked represents similar segmentation in other categories in the respective section.

Table of Contents

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Laser Type
      • Market Snippet, By Therapeutic Application
      • Market Snippet, By End User
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
      • Impact Analysis
    • Technological Evolution
    • PEST Analysis
    • Porter’s Analysis
  4. Global Laser Indirect Ophthalmoscope Market, By Laser Type, 2018–2026 (US$ Mn)
    • Introduction
      • Market Share Analysis, 2017 and 2026 (%)
      • Y-o-Y Growth Analysis, 2018–2026
      • Segment Trends
    • Photocoagulating laser
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016–2026, (US$ Mn)
    • Photo disrupting laser
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016–2026, (US$ Mn)
    • Photo ablating laser
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016–2026, (US$ Mn)
  5. Global Laser Indirect Ophthalmoscope Market, By Therapeutic Application, 2018–2026 (US$ Mn)
    • Introduction
      • Market Share Analysis, 2017 and 2026 (%)
      • Y-o-Y Growth Analysis, 2018–2026
      • Segment Trends
    • Diabetic retinopathy
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016–2026, (US$ Mn)
    • Peripheral neovascularization
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016–2026, (US$ Mn)
    • Lattice degeneration
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016–2026, (US$ Mn)
    • Others
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016–2026, (US$ Mn)
  6. Global Laser Indirect Ophthalmoscope Market, By End User, 2018–2026 (US$ Mn)
    • Introduction
      • Market Share Analysis, 2017 and 2026 (%)
      • Y-o-Y Growth Analysis, 2018–2026
      • Segment Trends
    • Multispecialty Hospitals
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016–2026, (US$ Mn)
    • Ophthalmic Clinics
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016–2026, (US$ Mn)
    • Others
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016–2026, (US$ Mn)
  7. Global Laser Indirect Ophthalmoscope Market, By Region, 2018–2026 (US$ Mn)
    • Introduction
      • Market Share Analysis, By Region, 2017 and 2026 (%)
      • Y-o-Y Growth Analysis, For Regions, 2018–2026
    • North America
      • Market Size and Forecast, By Laser Type, 2016–2026 (US$ Mn)
      • Market Size and Forecast, By Therapeutic Application, 2016–2026 (US$ Mn)
      • Market Size and Forecast, By End User, 2016–2026 (US$ Mn)
      • Market Size and Forecast, By Country, 2016–2026 (US$ Mn)
        • U.S.
        • Canada
    • Europe
      • Market Size and Forecast, By Laser Type, 2016–2026 (US$ Mn)
      • Market Size and Forecast, By Therapeutic Application, 2016–2026 (US$ Mn)
      • Market Size and Forecast, By End User, 2016–2026 (US$ Mn)
      • Market Size and Forecast, By Country, 2016–2026 (US$ Mn)
        • U.K.
        • Germany
        • Italy
        • France
        • Spain
        • Russia
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast, By Laser Type, 2016–2026 (US$ Mn)
      • Market Size and Forecast, By Therapeutic Application, 2016–2026 (US$ Mn)
      • Market Size and Forecast, By End User, 2016–2026 (US$ Mn)
      • Market Size and Forecast, By Country, 2016–2026 (US$ Mn)
        • China
        • India
        • Japan
        • ASEAN
        • Australia
        • South Korea
        • Rest of APAC
    • Latin America
      • Market Size and Forecast, By Laser Type, 2016–2026 (US$ Mn)
      • Market Size and Forecast, By Therapeutic Application, 2016–2026 (US$ Mn)
      • Market Size and Forecast, By End User, 2016–2026 (US$ Mn)
      • Market Size and Forecast, By Country, 2016–2026 (US$ Mn)
        • Brazil
        • Mexico
        • Rest of Latin America
    • Africa
      • Market Size and Forecast, By Laser Type, 2016–2026 (US$ Mn)
      • Market Size and Forecast, By Therapeutic Application, 2016–2026 (US$ Mn)
      • Market Size and Forecast, By End User, 2016–2026 (US$ Mn)
      • Market Size and Forecast, By Country, 2016–2026 (US$ Mn)
        • Central Africa
        • South Africa
        • North Africa
    • Middle East
      • Market Size and Forecast, By Laser Type, 2016–2026 (US$ Mn)
      • Market Size and Forecast, By Therapeutic Application, 2016–2026 (US$ Mn)
      • Market Size and Forecast, By End User, 2016–2026 (US$ Mn)
      • Market Size and Forecast, By Country, 2016–2026 (US$ Mn)
        • GCC
        • Israel
        • Rest of Middle East
  8. Competitive Landscape
    • Company Profiles
      • Ellex Medical Lasers Ltd.
        • Company Overview
        • Product Portfolio
        • Key Developments
        • Financial Performance
        • Strategies
      • Iridex Corporation
        • Company Overview
        • Product Portfolio
        • Key Developments
        • Financial Performance
        • Strategies
      • Alcon
        • Company Overview
        • Product Portfolio
        • Key Developments
        • Financial Performance
        • Strategies
      • Carl Zeiss Meditec AG
        • Company Overview
        • Product Portfolio
        • Key Developments
        • Financial Performance
        • Strategies
      • Lumenis Ltd.
        • Company Overview
        • Product Portfolio
        • Key Developments
        • Financial Performance
        • Strategies
      • Topcon Medical Laser Systems
        • Company Overview
        • Product Portfolio
        • Key Developments
        • Financial Performance
        • Strategies
      • Nidek Co., Inc.
        • Company Overview
        • Product Portfolio
        • Key Developments
        • Financial Performance
        • Strategies
      • Ziemer Ophthalmic Systems AG
        • Company Overview
        • Product Portfolio
        • Key Developments
        • Financial Performance
        • Strategies
      • Heine Optotechnik GmbH
        • Company Overview
        • Product Portfolio
        • Key Developments
        • Financial Performance
        • Strategies
      • Keeler Ltd.
        • Company Overview
        • Product Portfolio
        • Key Developments
        • Financial Performance
        • Strategies
  9. Section
    • References
    • Research Methodology
    • About us and Sales Contact

*Browse 26 market data tables and 37 figures on "Laser Indirect Ophthalmoscope Market - Global forecast to 2025”.

Research Methodology

Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:

  • Primary Research (Trade Surveys and Experts Interviews)
  • Desk Research
  • Proprietor Data Analytics Model

In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.


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Coherent Market Insights desk research is based on a principle set of research techniques:

  • National level desk research: It Includes research analysis of regional players, regional regulatory bodies, regional trade associations, and regional organization.
  • Multinational level desk research: The research team keeps a track of multinational players, global regulatory bodies, global trade associations, and global organization.

Coherent Market Insights has a large amount of in-house repository of industry database. This is leveraged as a burner for initiating a new research study. Key secondary sources include:

  • Governmental bodies, National and international social welfare institutions, and organizations creating economic policies among others.
  • Trade association, National and international media and trade press.
  • Company Annual reports, SEC filings, Corporate Presentations, press release, news, and specification sheet of manufacturers, system integrators, brick and mortar - distributors and retailers, and third party online commerce players.
  • Scientific journals, and other technical magazines and whitepapers.

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Preliminary Data Mining

The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.

Data Standardization:

Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.

Coherent Statistical model

We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:

  • Micro-economic indicators
  • Macro-economic indicators
  • Environmental indicators
  • Socio-political indicators
  • Technology indicators

Data Processing

Once the findings are derived from the statistical model, large volume of data is process to confirm accurate research results. Data analytics and processing tools are adopted to process large chunk of collected informative data. In case, a client customizes the study during the process, the research finding till then are benchmarked, and the process for new research requirement is initiated again.

Data Validation

This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:

  • It provides first-hand information on the market dynamics, outlook, and growth parameters.
  • Industry experts validates the estimates which helps the company to cement the on-going research study.
  • Primary research includes online surveys, face-to face interviews, and telephonic interviews.

The primary research is conducted with the ecosystem players including, but not limited to:

  • Raw Material Suppliers
  • Manufacturers
  • System Integrators
  • Distributors
  • End-users

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