LASIK Eye Surgery Market 2019 Size Enlarging Global Business with Highest Revenue Growth up to 2023
May 8, 2019
MRFR recently published a report named as “LASIK Eye Surgery Market Report – Forecast Up To 2023”. Report include market overview by competitive analysis by top global vendors, industry size, shares and analysis.
Pune, India - May 8, 2019 /MarketersMedia/ —
Market Research Future (MRFR) proclaims that the global LASIK eye surgery market is anticipated to register a CAGR of 6.5% during the forecast period (2017-2022). The rapid occurrence of vision problems across the world is estimated to favor the market growth. Also termed as laser eye surgery or laser vision correction, Laser-assisted in situ keratomileusis or LASIK is a kind of refractive surgery which is generally performed to correct myopia, hyperopia, and astigmatism. LASIK is generally performed by an ophthalmologist who uses a laser or microkeratome to reshape the cornea of the eye and also improve the visual acuity.
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Vision problems across the globe are increasing at an alarming rate due to excessive work pressure and changing lifestyle where an individual focus more into studies and spent less time outdoors. This is likely to contribute to the LASIK eye surgery market in the future. Several companies are investing in research and development activities in order to introduce better treatment options for vision problems. For instance, Alcon Laboratories Inc. launched the next generation hydrogen peroxide lens care solution, AOSEPT PLUS with HydraGlyde Solution in 2015. Such product launches are estimated to propel the market growth throughout the appraisal period. Moreover, companies are also investing in mergers and acquisitions for entering the new market, which is estimated to influence its growth worldwide.
Key Players for Global LASIK Eye Surgery Market
The prominent players operating in the LASIK eye surgery market comprises LaserSight Technologies Inc (U.S.), Alcon Laboratories Inc. (U.S.), Bausch & Lomb Incorporated (U.S.), Abbott Inc. (U.S.), Carl Zeiss Inc. (Germany), AMO Manufacturing USA LLC (U.S.), and Nidek Inc. (Japan).
Industry, Innovation & Related News
March 28, 2019: A leading comprehensive eye care center in Arizona, Horizon Eye Specialists & LASIK Center has recently announced that they have started to provide custom LASIK surgery, which is exclusively powered by the iDESIGN. The iDESIGN Advanced WaveScan Studio System generates high-definition eye scan which has been proven to be 25 times more precise than any other traditional LASIK procedures.
February 27, 2018 – The LASIK Vision Institute (US), a leading provider of LASIK surgery, announced opening of a new center in Duluth, Georgia. The new facility will be featuring topography-guided LASIK technology, the latest in FDA-approved technology for this procedure.
February 14, 2018 - The Omaha Eye & Laser Institute (US) a Pioneer in LASIK & other Laser surgeries & of Eye Care announced that now the institute is also specialized in iLASIK (Customized Bladeless) - considered as one of the most advanced forms of fully-customized , Lasik Laser Vision Correction
February 20, 2018 - Lehigh Valley Center (US) one of the leading eye care centre & LASIK Specialists announced the availability of IntraLase/Bladeless LASIK Eye Surgery.
Global LASIK Eye Surgery Market: Segmental Analysis
The global LASIK eye surgery market has been segmented on the basis of vision error, types, and end user.
By mode of type, the global LASIK eye surgery market has been segmented into Wavefront-guided, Wavefront optimized, all laser, and topography-guided. Among these, the Wavefront-guided segment is considered to be an advanced technology and utilizes optical aberrations in order to measure and treat high-order aberrations and correct vision.
By mode of vision error, the global LASIK eye surgery market has been segmented into hyperopia, myopia, astigmatism, and others.
By mode of end-users, the global LASIK eye surgery market has been segmented into eye care clinic, hospitals, LASIK centers, and others. Among these, the hospitals are estimated to command a major share owing to the high availability of specialized LASIK treatment packages, the surging prevalence of refractive disorders, and entry of private hospitals.
Regional Analysis for Global LASIK Eye Surgery Market
Geographically, the LASIK eye surgery market span across regions namely, the America, Asia Pacific, Europe, and the Middle East & Africa.
Considering the global scenario, the LASIK eye surgery market is dominated by the American region and is likely to retain its pole position in the global market. The growth is credited to the presence of a well-developed technology, high spending on healthcare, increased population affected by vision issues, and extensive government support for R&D activities. With the high concentration of major market players coupled with increased R&D activities, the market is predicted to propel.
The European region is considered to occupy the second spot in the global market due to extensive support from the government for R&D activities coupled with the high availability of funds for research. For instance, economies such as France and Germany are increasing their investment value in the healthcare sector which is likely to contribute towards its growth.
The Asia Pacific region is estimated to expand at the fastest rate due to the rapidly developing healthcare technology, increased expenditure on healthcare, and the presence of a huge patient population in this region. With the surging demand for new treatment methods, especially in economies like China and India, the market is estimated to flourish at a rapid pace.
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About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Statistical Report, Continuous-Feed Research (CFR), and Market Research & Consulting Services.
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Source: MarketersMedia
Release ID: 510348
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