DUBLIN, October 5, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "Global Laser Filter Protection Market 2016-2020" report to their offering.
The global laser filter protection market is forecast to grow at a CAGR of 5.50% during the period 2016-2020.
Commenting on the report, an analyst from the research team said: Laser marking for medical applications will be a key trend for market growth. Laser marking, another traditional method of marking, employs either CO2 or solid-state lasers operating in the infrared.
This is a thermal interaction where material is heated until it carbonizes, bleaches, or ablates to produce a color contrast. However, the heat can cause chemical reactions in the contents in the pills or produce surface relief. Bacterial growth on this surface may be difficult to clean. Although ultraviolet diode-pumped solid-state lasers can overcome all drawbacks of other technologies, their adoption in the past has been limited by their high cost.
According to the report, one of the key drivers for market growth will be refractive surgery as a substitute for eyeglasses. In the US, nearly 580,000 refractive surgeries were carried out in 2014. Surgery is more cost-effective for consumers as nearly 55% of those who undergo corrective surgery need not use any corrective devices for around five years after the surgery.
The rise in the number of expert surgeons, coupled with the decreasing cost of these surgeries will further stimulate the refractive surgery market. The number of optometrists and ophthalmologists are forecast to increase, and many of these professionals are expanding their portfolio of services to include refractive surgery.
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
- Phillips Safety Products
- Cambridge Lasers Laboratories
- Global Laser
- Infield Safety
- Innovative Optics
- Laser Safety Industries
- NoIR Laser Company
- Univet Optical Technologies
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by product
PART 07: Market segmentation by end user
PART 08: Geographical segmentation
PART 09: Market drivers
PART 10: Impact of drivers
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Market trends
PART 14: Vendor landscape
PART 15: Appendix
PART 16: About the Author
For more information about this report visit http://www.researchandmarkets.com/research/whjcvk/global_laser
Research and Markets
Laura Wood, Senior Manager
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SOURCE Research and Markets