The Lasik Eye Surgery Devices Market is anticipated to grow at a CAGR of 4.4% during the forecast period 2019 to 2026, expected to reach over US$ 2,161.8 Mn by 2026.
Lasik eye surgery is also referred to as laser eye surgery or laser vision correction it’s a type of refractive surgery for the vision errors including myopia (nearsightedness), hyperopia (farsightedness), and astigmatism. LASIK stands for Laser-Assisted In Situ Keratomileusis, it’s a procedure that permanently changes the shape of the cornea with the help of a laser beam. The types of surgery held for vision correction include wavefront-optimized, wavefront-guided, and topography-guided. Additionally, the devices which help in the successful completion of these surgeries are termed as Lasik eye surgery devices. Dr. Stephen Brint and Dr. Stephen Slade from the US have performed first Lasik surgery in 1991 with an excimer laser particularly to correct vision problems, which was later promoted the industry growth.
Market Dynamics
The technological advancements in the healthcare sector of developed countries across the globe are primarily supporting market growth. The increasing number of people suffering from ophthalmic disorders due to unhealthy eating habits and changing lifestyles is propelling the market value. The increasing demand for minimally invasive surgical procedures across the globe coupled with the rising investment in the eye care sector by major players is bolstering the market value. The advantages associated with the minimally invasive surgical procedure such as minimum blood loss, less discomfort, smaller incision length, and shorter hospitalization stays are accelerating the market demand. Moreover, high accuracy associated with the femtosecond laser as compared to the excimer laser will likely provide opportunities over the forecast timeframe from 2019 to 2026.
On the other hand, the high cost of ophthalmic devices and the risk associated with eye surgeries are projected to hamper the market value. In addition, many cases associated with the bad vision and suicide after the Lasik eye surgery is further expected to exhibit negative impact on the market over the estimated period.
The market research study on “Lasik Eye Surgery Devices Market– Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 – 2026”, offers a detailed insight into the global lasik eye surgery devices market entailing insights on its different market segments. Market dynamics with drivers, restraints and opportunities with their impact are provided in the report. The report provides insights into the global lasik eye surgery devices market, its product type, application, and major geographic regions. The report covers basic development policies and layouts of technology development processes. Secondly, the report covers global lasik eye surgery devices market size and volume, and segment markets by product type, application, and geography along with the information on companies operating in the market. The lasik eye surgery devices market analysis is provided for major regional markets including North America, Europe, Asia Pacific, Latin America and Middle East and Africa. For each region, the market size and volume for different segments have been covered under the scope of the report.
In 2018, North America accounted for the major share in lasik eye surgery devices market
North America dominated the global Lasik eye surgery devices market in 2018 due to the availability of advanced healthcare infrastructure, highest healthcare spending, and growing awareness. For instance, eye specialists in Delaware, one of the states from the United States have introduced and started doing advance LASIK surgeries from Nov. 13. The procedure takes minutes to correct the patient's vision. Moreover, Asia Pacific is expected to be the fastest-growing market during the estimated period owing to increasing awareness and favorable government initiatives for the development of healthcare infrastructure. The large patient population and increasing discretionary income are further accelerating the market value.
The players profiled in the report include Alcon, BAUSCH + LOMB, Carl Zeiss, Johnson & Johnson, Lasersight Technologies, NIDEK, SCHWIND eye-tech-solutions, TECHNOLAS Perfect Vision, and Ziemer Ophthalmic Systems. The major manufacturers are involved in mergers and acquisitions to expand market share. The major players are also investing in R&D activities for the development of new minimally invasive technologies to meet customer demand.
Market Segmentation
Market By Product
- Excimer Laser
- Femtosecond Laser
Market By Vision Error
- Myopia
- Hyperopia
- Astigmatism
Market By End-use
- Lasik Eye Centers
- Hospitals
- Ambulatory Surgical Centers
- Others
Market By Geography
North America
Europe
- UK
- Germany
- France
- Spain
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
Latin America
- Brazil
- Mexico
- Rest of Latin America
Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
Table Of Content:
CHAPTER 1. INDUSTRY OVERVIEW
1.1. Definition and Scope
1.1.1. Definition of Lasik Eye Surgery Devices
1.1.2. Market Segmentation
1.1.3. List of Abbreviations
1.2. Summary
1.2.1. Market Snapshot
1.2.2. Lasik Eye Surgery Devices Market By Product
1.2.2.1. Global Lasik Eye Surgery Devices Market Revenue and Growth Rate Comparison By Product (2015-2026)
1.2.2.2. Global Lasik Eye Surgery Devices Market Revenue Share By Product in 2018
1.2.2.3. Excimer Laser
1.2.2.4. Femtosecond Laser
1.2.3. Lasik Eye Surgery Devices Market By Vision Error
1.2.3.1. Global Lasik Eye Surgery Devices Market Revenue and Growth Rate Comparison By Vision Error (2015-2026)
1.2.3.2. Myopia
1.2.3.3. Hyperopia
1.2.3.4. Astigmatism
1.2.4. Lasik Eye Surgery Devices Market By End-use
1.2.4.1. Global Lasik Eye Surgery Devices Market Revenue and Growth Rate Comparison By End-use (2015-2026)
1.2.4.2. Lasik Eye Centers
1.2.4.3. Hospitals
1.2.4.4. Ambulatory Surgical Centers
1.2.4.5. Others
1.2.5. Lasik Eye Surgery Devices Market By Geography
1.2.5.1. Global Lasik Eye Surgery Devices Market Revenue and Growth Rate Comparison By Geography (2015-2026)
1.2.5.2. North America Lasik Eye Surgery Devices Market Revenue and Growth Rate(2015-2026)
1.2.5.3. Europe Lasik Eye Surgery Devices Market Revenue and Growth Rate(2015-2026)
1.2.5.4. Asia-Pacific Lasik Eye Surgery Devices Market Revenue and Growth Rate(2015-2026)
1.2.5.5. Latin America Lasik Eye Surgery Devices Market Revenue and Growth Rate(2015-2026)
1.2.5.6. Middle East and Africa (MEA) Lasik Eye Surgery Devices Market Revenue and Growth Rate(2015-2026)
CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS
2.1. Market Drivers
2.2. Restraints and Challenges
2.3. Growth Opportunities
2.4. Porter’s Five Forces Analysis
2.4.1. Bargaining Power of Suppliers
2.4.2. Bargaining Power of Buyers
2.4.3. Threat of Substitute
2.4.4. Threat of New Entrants
2.4.5. Degree of Competition
2.5. Value Chain Analysis
2.6. Cost Structure Analysis
2.6.1. Raw Material and Suppliers
2.6.2. Manufacturing Process Analysis
2.7. Regulatory Compliance
2.8. Competitive Landscape, 2018
2.8.1. Player Positioning Analysis
2.8.2. Key Strategies Adopted By Leading Players
CHAPTER 3. MANUFACTURING PLANTS ANALYSIS
3.1. Capacity and Commercial Production Date of Global Lasik Eye Surgery Devices Major Manufacturers in 2018
3.2. Manufacturing Plants Distribution of Global Lasik Eye Surgery Devices Major Manufacturers in 2018
3.3. R&D Status and Technology Source of Global Lasik Eye Surgery Devices Major Manufacturers in 2018
3.4. Raw Materials Sources Analysis of Global Lasik Eye Surgery Devices Major Manufacturers in 2018
CHAPTER 4. LASIK EYE SURGERY DEVICES MARKET BY PRODUCT
4.1. Global Lasik Eye Surgery Devices Revenue By Product
4.2. Excimer Laser
4.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.3. Femtosecond Laser
4.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
CHAPTER 5. LASIK EYE SURGERY DEVICES MARKET BY VISION ERROR
5.1. Global Lasik Eye Surgery Devices Revenue By Vision Error
5.2. Myopia
5.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.3. Hyperopia
5.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.4. Astigmatism
5.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
CHAPTER 6. LASIK EYE SURGERY DEVICES MARKET BY END-USE
6.1. Global Lasik Eye Surgery Devices Revenue By End-use
6.2. Lasik Eye Centers
6.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
6.3. Hospitals
6.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
6.4. Ambulatory Surgical Centers
6.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
6.5. Others
6.5.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.5.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
CHAPTER 7. NORTH AMERICA LASIK EYE SURGERY DEVICES MARKET BY COUNTRY
7.1. North America Lasik Eye Surgery Devices Market Revenue and Growth Rate, 2015 - 2026 ($Million)
7.2. North America Lasik Eye Surgery Devices Market Revenue Share Comparison, 2015 & 2026 (%)
7.3. U.S.
7.3.1. U.S. Lasik Eye Surgery Devices Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
7.3.2. Market Revenue and Forecast By Vision Error, 2015 - 2026 ($Million)
7.3.3. Market Revenue and Forecast By End-use, 2015 - 2026 ($Million)
7.4. Canada
7.4.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
7.4.2. Market Revenue and Forecast By Vision Error, 2015 - 2026 ($Million)
7.4.3. Market Revenue and Forecast By End-use, 2015 - 2026 ($Million)
CHAPTER 8. EUROPE LASIK EYE SURGERY DEVICES MARKET BY COUNTRY
8.1. Europe Lasik Eye Surgery Devices Market Revenue and Growth Rate, 2015 - 2026 ($Million)
8.2. Europe Lasik Eye Surgery Devices Market Revenue Share Comparison, 2015 & 2026 (%)
8.3. UK
8.3.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
8.3.2. Market Revenue and Forecast By Vision Error, 2015 - 2026 ($Million)
8.3.3. Market Revenue and Forecast By End-use, 2015 - 2026 ($Million)
8.4. Germany
8.4.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
8.4.2. Market Revenue and Forecast By Vision Error, 2015 - 2026 ($Million)
8.4.3. Market Revenue and Forecast By End-use, 2015 - 2026 ($Million)
8.5. France
8.5.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
8.5.2. Market Revenue and Forecast By Vision Error, 2015 - 2026 ($Million)
8.5.3. Market Revenue and Forecast By End-use, 2015 - 2026 ($Million)
8.6. Spain
8.6.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
8.6.2. Market Revenue and Forecast By Vision Error, 2015 - 2026 ($Million)
8.6.3. Market Revenue and Forecast By End-use, 2015 - 2026 ($Million)
8.7. Rest of Europe
8.7.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
8.7.2. Market Revenue and Forecast By Vision Error, 2015 - 2026 ($Million)
8.7.3. Market Revenue and Forecast By End-use, 2015 - 2026 ($Million)
CHAPTER 9. ASIA-PACIFIC LASIK EYE SURGERY DEVICES MARKET BY COUNTRY
9.1. Asia-Pacific Lasik Eye Surgery Devices Market Revenue and Growth Rate, 2015 - 2026 ($Million)
9.2. Asia-Pacific Lasik Eye Surgery Devices Market Revenue Share Comparison, 2015 & 2026 (%)
9.3. China
9.3.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
9.3.2. Market Revenue and Forecast By Vision Error, 2015 - 2026 ($Million)
9.3.3. Market Revenue and Forecast By End-use, 2015 - 2026 ($Million)
9.4. Japan
9.4.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
9.4.2. Market Revenue and Forecast By Vision Error, 2015 - 2026 ($Million)
9.4.3. Market Revenue and Forecast By End-use, 2015 - 2026 ($Million)
9.5. India
9.5.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
9.5.2. Market Revenue and Forecast By Vision Error, 2015 - 2026 ($Million)
9.5.3. Market Revenue and Forecast By End-use, 2015 - 2026 ($Million)
9.6. Australia
9.6.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
9.6.2. Market Revenue and Forecast By Vision Error, 2015 - 2026 ($Million)
9.6.3. Market Revenue and Forecast By End-use, 2015 - 2026 ($Million)
9.7. South Korea
9.7.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
9.7.2. Market Revenue and Forecast By Vision Error, 2015 - 2026 ($Million)
9.7.3. Market Revenue and Forecast By End-use, 2015 - 2026 ($Million)
9.8. Rest of Asia-Pacific
9.8.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
9.8.2. Market Revenue and Forecast By Vision Error, 2015 - 2026 ($Million)
9.8.3. Market Revenue and Forecast By End-use, 2015 - 2026 ($Million)
CHAPTER 10. LATIN AMERICA LASIK EYE SURGERY DEVICES MARKET BY COUNTRY
10.1. Latin America Lasik Eye Surgery Devices Market Revenue and Growth Rate, 2015 - 2026 ($Million)
10.2. Latin America Lasik Eye Surgery Devices Market Revenue Share Comparison, 2015 & 2026 (%)
10.3. Brazil
10.3.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
10.3.2. Market Revenue and Forecast By Vision Error, 2015 - 2026 ($Million)
10.3.3. Market Revenue and Forecast By End-use, 2015 - 2026 ($Million)
10.4. Mexico
10.4.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
10.4.2. Market Revenue and Forecast By Vision Error, 2015 - 2026 ($Million)
10.4.3. Market Revenue and Forecast By End-use, 2015 - 2026 ($Million)
10.5. Rest of Latin America
10.5.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
10.5.2. Market Revenue and Forecast By Vision Error, 2015 - 2026 ($Million)
10.5.3. Market Revenue and Forecast By End-use, 2015 - 2026 ($Million)
CHAPTER 11. MIDDLE EAST & AFRICA LASIK EYE SURGERY DEVICES MARKET BY COUNTRY
11.1. Middle East & Africa Lasik Eye Surgery Devices Market Revenue and Growth Rate, 2015 - 2026 ($Million)
11.2. Middle East & Africa Lasik Eye Surgery Devices Market Revenue Share Comparison, 2015 & 2026 (%)
11.3. GCC
11.3.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
11.3.2. Market Revenue and Forecast By Vision Error, 2015 - 2026 ($Million)
11.3.3. Market Revenue and Forecast By End-use, 2015 - 2026 ($Million)
11.4. South Africa
11.4.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
11.4.2. Market Revenue and Forecast By Vision Error, 2015 - 2026 ($Million)
11.4.3. Market Revenue and Forecast By End-use, 2015 - 2026 ($Million)
11.5. Rest of Middle East & Africa
11.5.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
11.5.2. Market Revenue and Forecast By Vision Error, 2015 - 2026 ($Million)
11.5.3. Market Revenue and Forecast By End-use, 2015 - 2026 ($Million)
CHAPTER 12. COMPANY PROFILE
12.1. Alcon
12.1.1. Company Snapshot
12.1.2. Overview
12.1.3. Financial Overview
12.1.4. Type Portfolio
12.1.5. Key Developments
12.1.6. Strategies
12.2. BAUSCH + LOMB
12.2.1. Company Snapshot
12.2.2. Overview
12.2.3. Financial Overview
12.2.4. Type Portfolio
12.2.5. Key Developments
12.2.6. Strategies
12.3. Carl Zeiss
12.3.1. Company Snapshot
12.3.2. Overview
12.3.3. Financial Overview
12.3.4. Type Portfolio
12.3.5. Key Developments
12.3.6. Strategies
12.4. Johnson & Johnson
12.4.1. Company Snapshot
12.4.2. Overview
12.4.3. Financial Overview
12.4.4. Type Portfolio
12.4.5. Key Developments
12.4.6. Strategies
12.5. Lasersight Technologies
12.5.1. Company Snapshot
12.5.2. Overview
12.5.3. Financial Overview
12.5.4. Type Portfolio
12.5.5. Key Developments
12.5.6. Strategies
12.6. NIDEK
12.6.1. Company Snapshot
12.6.2. Overview
12.6.3. Financial Overview
12.6.4. Type Portfolio
12.6.5. Key Developments
12.6.6. Strategies
12.7. SCHWIND eye-tech-solutions
12.7.1. Company Snapshot
12.7.2. Overview
12.7.3. Financial Overview
12.7.4. Type Portfolio
12.7.5. Key Developments
12.7.6. Strategies
12.8. TECHNOLAS Perfect Vision
12.8.1. Company Snapshot
12.8.2. Overview
12.8.3. Financial Overview
12.8.4. Type Portfolio
12.8.5. Key Developments
12.8.6. Strategies
12.9. Ziemer Ophthalmic Systems
12.9.1. Company Snapshot
12.9.2. Overview
12.9.3. Financial Overview
12.9.4. Type Portfolio
12.9.5. Key Developments
12.9.6. Strategies
12.10. Others
12.10.1. Company Snapshot
12.10.2. Overview
12.10.3. Financial Overview
12.10.4. Type Portfolio
12.10.5. Key Developments
12.10.6. Strategies
CHAPTER 13. RESEARCH APPROACH
13.1. Research Methodology
13.1.1. Initial Data Search
13.1.2. Secondary Research
13.1.3. Primary Research
13.2. Assumptions and Scope
