Custom LASIK Surgery Market 2018 With Major Key Players Abbott Medical Optics, Alcon Laboratories, Carl Zeiss, Bausch & Lomb, Nidek, and Technolas Perfect Vision GmbH.
Wavefront guided has emerged as the highest revenue contributor among procedure segments
Wavefront guided procedure segment is expected to dominate the custom LASIK surgery market procedure throughout the forecast period. The segment has been estimated to account for 45.8% share of the global custom LASIK surgery market revenue in 2016. This procedure involves detailed wavefront generated measurements of light traversing through the eyes. The procedure helps in offering personalized treatment to patients based on the unique anatomy of the patient’s eye. It is highly precise and more specific compared to conventional LASIK surgery.
WaveScan System CustomVue LASIK (Abbott Medical Optics), Technolas 217z Zyoptix System for Personalized Vision Correction (Bausch + Lomb) and iDesign Advanced CustomVue LASIK System (Abbott Medical Optics) are some of the FDA-approved wavefront guided custom LASIK systems.
WaveLight Allegretto Wave Eye-Q Excimer Laser System (Alcon) is a FDA approved wavefront-optimized LASIK systems.
Topography-guided LASIK systems have gained significant traction in the last few years. Contoura Vision with the WaveLight Allegretto Wave Eye-Q Excimer Laser System is one such example of FDA approved topography-guided LASIK system.
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"Rapid increase in demand for custom LASIK surgery procedure in the emerging economies to boost market growth"
North America, followed by Europe accounted for major share of global custom LASIK surgery market revenue in 2016. These two regions are together estimated to account for 65.1% of overall market revenue. However, the market for LASIK surgery procedure in Asia Pacific is projected to surpass that in in Europe by 2019. The primary factor for market growth in Asia Pacific is increased installations of LASIK systems in eye-care facilities in Japan. Japan is projected to account for 51% share of the custom Asia Pacific LASIK surgery market in 2017. Increasing patient awareness, high disposable income and improvement in the healthcare infrastructure has resulted in rise in number of LASIK surgeries and in turn, is resulting in growth of the custom LASIK surgery market in the country.
Multinational players need to tap into potential addressable market in emerging economies
Product portfolio expansion and partnerships with local players are key custom LASIK surgery market trends, which are expected to shape the industry in the near future. Moreover, companies are focusing on receiving regulatory approval for their products to differentiate their product offerings. For instance, Abbott received FDA approval for iDesign Advanced WaveScan Studio in 2015. Major players in the global custom LASIK surgery market include Alcon Laboratories, Inc., Bausch & Lomb, Carl Zeiss, Inc., Abbott Medical Optics, Nidek, Inc., and Technolas Perfect Vision GmbH.
It includes insights on high prevalence of refractive disorders, increasing demand for LASIK surgery across the globe
It profiles leading players in the global custom LASIK surgery market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments, and strategies and future plans
Key companies covered as a part of this study include Abbott Medical Optics, Alcon Laboratories, Inc., Carl Zeiss, Inc., Bausch & Lomb, Nidek, Inc., and Technolas Perfect Vision GmbH.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions with respect to their future product launch, technology upgrade, market expansion, and marketing tactics
The global custom LASIK surgery market report caters to various stakeholders in this industry, including investors, raw material manufacturer, contract manufacturer, device manufacturers, distributors, new entrants, and financial analysts
Stakeholders would greatly benefit in decision making through the various strategy matrices used in analyzing the custom LASIK surgery market
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