LASIK Eye Surgery Market Overview, Size, Business Opportunities, Regional Outlook and Share Value by 2027

LASIK eye surgery market overview

The global LASIK eye surgery market is recorded to expand in market size at a CAGR of 6.5% during the reporting period. In general, LASIK refers to laser-assisted in situ keratomilosis, which is a type of corrective eye surgery widely used to treat astigmatism, farsightedness, and nearsightedness.

The Global LASIK eye surgery market is driven by increased research and development activities related to LASIK eye surgery and increased government support. Additionally, the global LASIK eye surgery market offers greater opportunities owing to strategic alliances, joint ventures, new product developments, and mergers and acquisitions across the globe.

The global LASIK eye surgery market may witness restraints due to the danger of eye procedures. Additionally, the rising cost of ophthalmic devices is estimated to hamper the growth of the global market over the forecast period.

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Segmentation of the LASIK eye surgery market

According to the global LASIK eye surgery market report, the market has been segmented on the basis of vision errors, types and end users. It has been found that the global industry is growing decently over the period of analysis.

Based on type segment, the global LASIK eye surgery industry has been categorized into wavefront optimized, wavefront guided, and topography guided. Among these, Wavefront Guided Lasik is expected to dominate the global market by generating the largest market share over the review period.

With respect to vision error segment, the LASIK eye surgery market has been categorized into myopia, astigmatism, and hyperopia. Among these, the myopia segment is estimated to generate the largest market share during the assessment period. Based on propulsion type segment, the global LASIK eye surgery industry has been segregated into LASIK facilities, eye care clinics, hospitals and others.

Regional Analysis of the LASIK Eye Surgery Market

The LASIK eye surgery market has expanded to various regions including Asia Pacific, Europe, America, Middle East & Africa and others.

Among these, the US LASIK eye surgery market is estimated to dominate the global market owing to high healthcare expenditure, well-developed technology, increasing government investment in research and development activities and of the growing population of affected visual problems. This region is expanding due to the concentration of large companies and increasing research and development efforts in the region.

Furthermore, the European LASIK eye surgery industry ranks second during the forecast period owing to the availability of funds for research and increasing government support for research and development. Additionally, countries like France and Germany are focusing on increasing investment in healthcare which is driving the growth of the global LASIK eye surgery market. In addition, Asia-Pacific LASIK eye surgery market is expected to be the fastest growing market over the assessment period owing to increasing healthcare expenditure, large patient population and improving health technologies in the region.

LASIK eye surgery market Key players:

The major key players in the LASIK eye surgery market are Carl Zeiss, Inc. (Germany), LaserSight Technologies, Inc (US), Nidek Inc. (Japan) Abbott Inc. (US), Alcon Laboratories Inc. (USA), AMO Fabrication USA, LLC (USA), Bausch & Lomb Incorporated (USA)

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LASIK eye surgery industry news

Recently, leading player ZEISS Medical Technology declared premarket approval (PMA) by the FDA for ReLEx® SMILE® PMA. It has been proposed to develop a myopia treatment for astigmatic patients.

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