Personalized Lasik Surgery Market

Personalized LASIK Surgery Market: Global Industry Analysis and Forecast 2016 - 2024

Market Overview

LASIK (laser-assisted in situ keratomileusis) is a corrective eye surgery used to treat myopia, hypermetropia or astigmatism. LASIK surgery is rapidly gaining popularity to treat eye disorders as it is a permanent alternative to lifelong need of wearing spectacles or lenses. It is a type of refractive surgery in which the curvature of the corneal surface of the eye is altered or reshaped to correct the vision. In a LASIK surgery procedure a laser or microkeratome is used to raise the flap of the cornea and a part of the underlying tissue is removed. This procedure alters the way cornea focuses the incoming light ray on the retina of the eye leading to a clearer vision.

Personalized or customized LASIK surgery is a safer version of the traditional LASIK procedure in which the latest laser vision technology is used to take 3-dimensional measurements of the individual’s eye and enhances the ophthalmologist’s ability to re-shape the cornea. Personalized LASIK surgery detects the unique characteristics of each person's eyes and provide a more precise vision correction. This permits a more accurate, individualized vision rectification results to be achieved. According to the American Academy of Ophthalmology, around 34% of U.S. population uses glasses or lenses due to eye disorders. An estimated 25% of people around the world opt for laser eye sight correction surgeries.

Improvement of technologically innovative devices presenting high sensitivity and speed, increasing demand for minimally invasive surgeries, user-friendliness and owing to associated benefits such as short surgery time, and side effects etc. are anticipated to drive the market for personalized LASIK surgeries. Moreover, the personalized LASIK surgery market is also driven by the incidence and prevalence rate of vision related disorders. Additionally, benefits such as cost effectiveness, fewer side effects and less complications are also driving patients towards opting for this treatment.

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Market Segmentation

Surgery type
  • Wavefront-guided LASIK
  • Wavefront-optimized LASIK
  • Topography-guided LASIK
Indication
  • Myopia
  • Hyperopia
  • Astigmatism

 

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Regional Outlook

Geographically the personalized LASIK surgery market is segmented into five key regions: North America, Latin America, Europe, Asia Pacific and MEA region.

High affordability in North America makes the region major market for personalized LASIK surgery. North America followed by Europe are currently leading in the personalized LASIK surgery market as high lifestyle pattern and awareness in these region and availability of all the types of minimally invasive advanced customized LASIK surgeries. The Personalized LASIK surgery market in Asia Pacific is expected to deliver tremendous growth due to the growth in per capita income in Asian countries and increase in procedure awareness. With the growing access of public with healthcare professional and expanding economy china is expected to be the fastest growing market for Personalized LASIK surgery.

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Key Players

Some major companies in the Personalized LASIK surgery market are Alcon Laboratories, Inc., Abbott Medical Optics (AMO), Bausch & Lomb, Carl Zeiss, Inc., and Nidek, Inc.

  • Personalized LASIK surgery Market Segments
  • Personalized LASIK surgery Market Dynamics
  • Personalized LASIK surgery Market Size & Forecast 2016 to 2024
  • Personalized LASIK surgery Market Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Personalized LASIK surgery Market Drivers and Restraints

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Regional analysis includes

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa

Report Highlights:

  • Shifting Industry dynamics
  • In-depth market segmentation
  • Historical, current and projected industry size recent industry trends
  • Key Competition landscape
  • Strategies of key players and product offerings
  • Potential and niche segments/regions exhibiting promising growth
  • A neutral perspective towards market performance

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