LASIK Eye Surgery Devices Market | Discover Top Segments, Trends, Drivers and Challenges
Bausch Health Companies Inc., Carl Zeiss AG, Johnson and Johnson Inc., are among the key contributors
Global lasik eye surgery devices market will post an incremental growth of $ 774.01 million, progressing at a CAGR of 6.48% during the forecast period. Our research report segments the market into major segments and the growth trajectory of the market and provides a detailed analysis of the prevalent market forces, trends, and drivers which are likely to impact the market in focus.
For a snapshot of our exhaustive research analysis and insights: Request for Our Free Sample Report
LASIK Eye Surgery Devices Market: Market Segments and Growth Forecasts
This research report will provide insights into the current market share of each segment along with growth projections for the next five years.
- The report segments the market by Technology (Wavefront-guided, Wavefront-optimized, and Topography-guided) and Geography (North America, Europe, Asia, and ROW). Growth by the wavefront-guided segment has been significant in recent years and is expected to offer further growth opportunities during the forecast period. Each market segment is analyzed for past performance leading to future growth projections based on current market scenario.
- 32% of the market growth will originate from North America during the forecast period. The US is a key market for LASIK eye surgery devices in North America owing to technological advances in this field. This report provides an accurate prediction of the contribution of all the geographic segments to the growth of the LASIK Eye Surgery Devices Market size.
LASIK Eye Surgery Devices Market: Trends, Drivers, Challenges
The report also offers a detailed impact analysis of various trends, drivers, and challenges that are likely to influence the market growth during the forecast period. These insights will equip clients to design a growth strategy for their business and area of operations.
- A key market driver for the LASIK Eye Surgery Devices Market will be increasing awareness about lasik surgery which is leading to large scale adoption of LASIK eye surgery especially among young people.
- Technological advances is another factor that will be instrumental in driving market growth during the forecast period.
- Minimal insurance coverage is a challenge that needs to be overcome to persist on the path to growth and recovery from the impact of the pandemic.
LASIK Eye Surgery Devices Market: Vendor Analysis
- 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.
- Alcon Inc., Bausch Health Companies Inc., Carl Zeiss AG, Johnson and Johnson Inc., NIDEK Co. Ltd., and Ziemer Ophthalmic Systems AG are some of the major market participants.
For more insights into this market: Download a Free Sample Report. Our custom reports provide market insights at the global and regional level along with pipeline analysis of new product launches. It also provides a peek into the latest R&D along with an impact analysis of government regulations.
The report provides insights into the following FAQs:
- What is the market CAGR?
The market will accelerate at a CAGR of 6.48%.
- What is the incremental growth of the market?
The market is expected to grow by $ 774.01 million through 2021-2025.
- What is a key factor driving this market?
Increasing awareness about LASIK surgery will drive market growth over the forecast period.
- 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.
- Which is the leading geographic region for this market:
32% growth will originate from North America
- Who are the leading market vendors?
The leading vendors in this market are Alcon Inc., Bausch Health Companies Inc., Carl Zeiss AG, Johnson and Johnson Inc., NIDEK Co. Ltd., and Ziemer Ophthalmic Systems AG
- What are the market segments covered in this report?
The market is segmented by Technology (Wavefront-guided, Wavefront-optimized, and Topography-guided) and Geography (North America, Europe, Asia, and ROW)