Laser-Assisted In-Situ Keratomileusis (LASIK) Surgery Market Size to Grow by $ 375.04 Million During 2020-2024

Technavio has been monitoring the laser-assisted in-situ keratomileusis (lasik) surgery market and it is expected to grow by $ 375.04 mn, accelerating at a CAGR of almost 5% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking

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Laser-Assisted In-Situ Keratomileusis (LASIK) Surgery Market: North America to lead market growth during the forecast period

• 37% of the market growth will originate from North America during the forecast period.
• Increasing medical tourism for lasik surgery will be a key trend that will influence market growth significantly.
• Increasing awareness about lasik surgery will be a significant factor in driving the growth of the laser-assisted in-situ keratomileusis (lasik) surgery market.

Laser-Assisted In-Situ Keratomileusis (LASIK) Surgery Market: Key Competitors

The market is concentrated. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Bausch Health Companies Inc., Carl Zeiss AG, Johnson & Johnson, LaserSight Technologies Inc., NIDEK Co. Ltd., Novartis AG, SCHWIND eye-tech-solutions GmbH, and Ziemer Ophthalmic Systems AG are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

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Laser-Assisted In-Situ Keratomileusis (LASIK) Surgery Market: Key Highlights of the Report for 2020-2024

• CAGR of the market during the forecast period 2020-2024
• Detailed information on factors that will drive laser-assisted in-situ keratomileusis (lasik) surgery market growth during the next five years
• Precise estimation of the laser-assisted in-situ keratomileusis (lasik) surgery market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the laser-assisted in-situ keratomileusis (lasik) surgery market industry across North America, Europe, Asia, and ROW
• A thorough analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of laser-assisted in-situ keratomileusis (lasik) surgery market vendors

The report provides insights into the following FAQs:

1. What is the market CAGR?
   The market is accelerate at a CAGR of almost 5%.
    
2. What is the incremental growth of the market?
   The market is expected to grow by $ 375.04 mn through 2020-2024.
    
3. What is a key factor driving this market?
   Increasing awareness about lasik surgery will drive market growth over the forecast period.                                                                                       
4. What are the key regions covered in this market research report?
   North America, Europe, Asia, and ROW are the key regions featured in this research report.
    
5. Which is the leading geographic region for this market:
   37% growth will originate from North America
    
6. Who are the leading market vendors?
   The leading vendors in this market are Bausch Health Companies Inc., Carl Zeiss AG, Johnson & Johnson, LaserSight Technologies Inc., NIDEK Co. Ltd., Novartis AG, SCHWIND eye-tech-solutions GmbH, and Ziemer Ophthalmic Systems AG
    
7. What are the market segments covered in this report?
   The market is segmented by Technology (Wavefront-guided, Wavefront-optimized, and Topography-guided), End-user (Hospitals, Ophthalmic clinics, and ASCs), and Geography (North America, Europe, Asia, and ROW)