LASIK Eye Surgery Market Global Research Insight 2018-2022 – By Most Demanding Players as Nidek, Inc., AMO Manufacturing USA LLC, Abbott Inc., Carl Zeiss, Inc., Alcon Laboratories, etc

Globally the market for LASIK eye surgery is increasing rapidly. Laser-Assisted In Situ Keratomileusis (LASIK) is the most common type of refractive surgery to treat vision problem such as myopia, hyperopia, and astigmatism. The occurrence of vision problem around the globe are increasing rapidly at an alarming rate. According to a report published by the World Health Organization (WHO), in 2015, around 285 million people in the world have vision impairment and report indicate that myopia affects 1.89 billion people worldwide, and, if the prevalence of occurring myopia does not change, it will affect 2.56 billion people by 2020. The factors that affect the vision are intensive near work, changes in environmental factors especially nowadays most of us have lifestyle where we do focus more into study and spent less time outdoors. It is observed that by doing so we run the risk of suffering from vision problem.

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Moreover, companies are investing more in research and development for introducing better treatment for vision problem. For instance, in 2015, Alcon Laboratories Inc. launched next generation hydrogen peroxide lens care solution, AOSEPT PLUS with HydraGlyde Solution (CLEAR CARE PLUS in North America). Additionally in 2016, Alcon Laboratories Inc. introduced The NGENUITY 3D Visualization System to aid in retinal surgery visualization. Also, company investing more into mergers and acquisition for entering the new market, for instance, in 2016, Johnson & Johnson acquired Abbott’s vision care business unit (AMO).

The global LASIK Eye Surgerys market is expected to grow at a CAGR of 6.5% during the forecast period 2017-2022.

Moreover, some LASIK companies work with insurance providers and certain large employers to provide LASIK discounts to their employees and CareCredit (a healthcare credit card) that covers all medical expenses, including LASIK eye surgery. These easy payment plans offered by LASIK companies fosters the market growth making LASIK as the most preferred surgery.

However, this revolutionary technique has a minor downside that is, its technical complexity. Which sometimes presents challenges to the doctors performing this surgery, while creating the flap. This can result in to damaging the vision permanently. But the good news is LASIK can rarely cause loss of "best" vision.

Industry, Innovation & Related News

February 27, 2018 – The LASIK Vision Institute (US), a leading provider of LASIK surgery, announced opening of a new center in Duluth, Georgia. The new facility will be featuring topography-guided LASIK technology, the latest in FDA-approved technology for this procedure.

February 14, 2018 - The Omaha Eye & Laser Institute (US) a Pioneer in LASIK & other Laser surgeries & of Eye Care announced that now the institute is also specialized in iLASIK (Customized Bladeless) - considered as one of the most advanced forms of fully-customized , Lasik Laser Vision Correction

February 20, 2018 - Lehigh Valley Center (US) one of the leading eye care centre & LASIK Specialists announced the availability of IntraLase/Bladeless LASIK Eye Surgery.

Key Players for Global LASIK Eye Surgery Market

Nidek, Inc., AMO Manufacturing USA LLC, Abbott Inc., Carl Zeiss, Inc., Alcon Laboratories, Inc., Lasersight Technologies. Inc. and Bausch & Lomb Surgical, Inc. are some of the leaders driving the Global LASIK Eye Surgery Market. Profiling those in its analysis MRFR finds out their strategies placing them at the forefront of completion.

Worldwide LASIK Eye Surgery Market - Competitive Landscape

The market of LASIK Eye Surgery appears to be fiercely competitive & fragmented owing to the presence of numerous matured & small key players accounting for a substantial market share. These market players try to gain competitive advantage through strategic partnership, acquisition, expansion, collaboration, product & technology launch. They invest heavily in the R&D to develop a technology that is completely on a different level compared to their competition.

Regional Analysis for Global LASIK Eye Surgery Market

North America market dominates the global LASIK eye surgery market with the significant market share. The market is further expected to reach astronomical amounts growing at a substantial CAGR throughout the forecast period (2016-2022).

Europe & Asia Pacific is the second & third largest market respectively in the global LASIK eye surgery market. Expected to be a fastest growing market Asia pacific region is estimated to grow rapidly over the projected period.

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