The Excimer & Femtosecond Ophthalmic Lasers Market is experiencing consistent growth, driven by the rising prevalence of vision disorders, increasing demand for minimally invasive eye surgeries, and rapid technological advancements in ophthalmic laser systems. These lasers play a pivotal role in modern ophthalmology by enabling highly precise, safe, and efficient procedures for refractive correction, cataract treatment, and advanced diagnostic applications. As patient awareness and acceptance of laser-based eye treatments increase, the market continues to gain strong momentum worldwide.

According to industry estimates, the excimer & femtosecond ophthalmic lasers market is expected to reach US$ 1,118.64 million by 2028, growing from US$ 795.68 million in 2021. The market is projected to expand at a compound annual growth rate (CAGR) of 5.0% during the forecast period from 2021 to 2028. This steady growth reflects increasing investments in ophthalmic infrastructure, technological innovation, and the growing preference for laser-assisted eye surgeries over conventional surgical methods.

Market Overview

Excimer and femtosecond lasers are widely used in ophthalmology due to their exceptional precision and minimal tissue damage. Excimer lasers are primarily utilized in corneal reshaping procedures such as LASIK and PRK, while femtosecond lasers are increasingly adopted for advanced applications, including bladeless LASIK, cataract surgery, and corneal procedures. The integration of digital imaging, AI-assisted diagnostics, and automation has further enhanced the accuracy and outcomes of laser-assisted ophthalmic treatments.

The increasing burden of refractive errors, cataracts, glaucoma, and age-related eye disorders is a key factor driving market growth. Additionally, the growing elderly population and rising screen time across age groups have significantly increased the demand for corrective eye surgeries. Emerging economies are also contributing to market expansion as healthcare infrastructure improves and access to advanced ophthalmic technologies increases.

Segmentation Analysis

By Product Type

Excimer Laser and Femtosecond Laser

By Application

Refractive Surgery

Cataract Surgery

Capsulotomy

Trabeculoplasty

Diagnostics

By End User

Hospitals

Ambulatory Surgical Centers

Ophthalmology Clinics

Significant Rise in Elderly Population

Rise in geriatric population in countries such as the US, the UK, Canada, Japan, China, India, and South Korea is driven by the modernization of healthcare facilities and improvements in healthcare services, which boosts the life expectancy in these countries. According to the data by the WHO in February 2018, the geriatric population is estimated to rise from 12% in 2015 to 22% by 2050. According to the US Census Bureau, the number of people in the US with age 65 and above is anticipated to grow from 46 million in 2016 to more than 98 million by 2060, while their population share would grow from ~15% to ~24% during this period. As per the United Nation’s World Population Ageing 2017 report, in 2017, Europe had the world’s highest percentage (i.e., 25%) of people aged more than 60 years. Further, by 2050, all regions of the world, except Africa, would have ~25% or more of their populations aged 60 and above, and underdeveloped and developing countries would account for ~80% of this growth.

Regional Insights

North America holds a substantial share of the Excimer & Femtosecond Ophthalmic Lasers Market, supported by advanced healthcare systems, high adoption of innovative technologies, and favorable reimbursement scenarios. Europe follows closely, driven by increasing investments in ophthalmic research and a strong presence of leading laser manufacturers. The Asia Pacific region is expected to witness the fastest growth, fueled by a growing patient pool, improving access to eye care services, and rising medical tourism in countries such as India, China, and Southeast Asian nations.

Market Leaders and Key Company Profiles

Bausch Health Companies Inc.

Alcon Inc.

ZEISS International

NIDEK CO., LTD

IVIS TECHNOLOGIES

EXCELSIUS MEDICAL GMBH

Ziemer Ophthalmic Systems

SCHWIND EYE-TECH-SOLUTIONS

LENSAR, Inc.

These companies are investing heavily in R&D to introduce advanced laser platforms with improved safety, precision, and user-friendly interfaces. Strategic mergers, acquisitions, and partnerships with healthcare providers remain key growth strategies in this market.

Future Outlook

The future of the Excimer & Femtosecond Ophthalmic Lasers Market appears promising, supported by continuous technological advancements, rising procedural volumes, and increasing patient demand for minimally invasive eye treatments. Innovations such as AI-guided laser systems, real-time imaging integration, and customized treatment planning are expected to further enhance surgical outcomes and expand application areas.

With increasing awareness of eye health and growing investments in ophthalmic care, the market is well-positioned for sustained growth through 2028. Stakeholders across the value chain—including manufacturers, healthcare providers, and investors—are expected to benefit from the expanding adoption of advanced ophthalmic laser technologies worldwide.

Related Reports:

Dental Lasers Market - https://www.theinsightpartners.com/reports/dental-lasers-market

Laser Aesthetics Market - https://www.theinsightpartners.com/reports/laser-aesthetics-market

Blue Laser Diode Market – https://www.theinsightpartners.com/reports/blue-laser-diode-market

Cross Line Laser Market - https://www.theinsightpartners.com/reports/cross-line-laser-market

About Us:

The Insight Partners is a one-stop industry research provider of actionable intelligence. We help our clients get solutions to their research requirements through our syndicated and consulting research services. We specialize in semiconductor and electronics, aerospace and defense, automotive and transportation, biotechnology, healthcare IT, manufacturing and construction, medical devices, technology, media and telecommunications, and chemicals and materials.

Contact Us:

• If you have any queries about this report or if you would like further information, please get in touch with us:
• Contact Person: Ankit Mathur
• E-mail: ankit.mathur@theinsightpartners.com
• Phone: +1-646-491-9876
• Also Available in: Korean German Japanese French Chinese Italian Spanish