Global Nd: YAG Laser Market Size, Share, Forecast 2019-2025
Posted by Rishabh on March 9th, 2020
The global Nd: YAG laser market is expected to grow at a CAGR of around 4.3% over the forecast period. Nd: YAG (neodymium-doped yttrium aluminum garnet) is a crystal that is used as a lasing medium for solid-state lasers. The laser is most commonly used to treat posterior capsular opacification after cataract surgery and to create a peripheral iridotomy in patients with narrow angles or angle-closure glaucoma. The factor that enhances the growth of the Nd: YAG laser market includes rising demand for high power pulsed laser welding technology in broad range of industries including automotive and metal processing.
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Along with this, there are variety of applications it is utilized in, which includes treatment of posterior capsular opacification after cataract surgery and creating a peripheral iridotomy in patients with narrow angles or angle-closure glaucoma. YAG lasers are also used to cut the anterior capsule for capsular block syndrome and capsular phimosis. Additionally, it is used for cutting vitreous strands in the anterior chamber. Thus, such range of applications is likely to fuel the growth of the Nd: YAG laser market during the forecast period.
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Amplitude Technologies SA, Astanza Laser LLC, Coherent Inc., Continuum Lasers, EKSPLA, Litron Lasers Ltd., LOTIS TII, Quantel Group, and Spectra-Physic among others are the key manufactures that encourages the global Nd: YAG Laser market growth. These market players are considerably contributing to the global Nd: YAG Laser market growth by the adoption of various growth strategies including new product launch, merger, and acquisition, collaborations with government, and technological advancements to stay competitive in the global Nd: YAG Laser market.
For instance, YC-1800 produced by Nidek Co., Ltd. is a tabletop device with its applications in ophthalmic, capsulotomy and iridotomy. Valon TT is a Multispot laser that uses Nd: YAG amplifying medium for retinal photocoagulation and ophthalmic applications. MD-920 (Meda Co., Ltd) is a tabletop device that is used for its application in capsulotomy and iridotomy. Optoslt Nano (Optotek d.o.o.) is a SLT device uses Nd: YAG and KTP as amplifying medium for its application in trabeculoplasty. Thus, such developments by the company is likely to affect the global Nd: YAG laser market during the forecast period.
Global Nd: YAG Laser Market by Type
Global Nd: YAG Laser Market by Applications
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About the AuthorRishabh
Joined: June 18th, 2019
Articles Posted: 354
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