Press release
Personalized LASIK Surgery Market 2020 New Technology Analysis by Expert - Abbott Laboratories Inc, Alcon Laboratories, Inc, Bausch & Lomb Surgical
"Personalized LASIK Surgery Market - Growth, Trends, and Forecast (2020 - 2025)"The New report includes a detailed study of Global Personalized LASIK Surgery Market. It is the result of a comprehensive research carried out keeping in mind the different parameters and trends dominating the global Personalized LASIK Surgery Market.
The Personalized LASIK Surgery market studied is anticipated to grow with a CAGR of nearly 5.9%, during the forecast period.
Certain factors that are driving the market growth include growing demand for laser eye surgeries, rising prevalence of target diseases, and technological advancements. The global geriatric population continues to grow at an unprecedented rate. The increase in the aging population presents several public health challenges that people need to prepare for. Presbyopia is an age-related visual impairment. It results from the gradual decrease in accommodation expected with age and can have multiple effects on quality of vision and quality of life. Though not incapacitating if corrected, presbyopia without optical correction results in an inability to perform once-effortless near tasks at a customary working distance without experiencing visual symptoms.
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Top Key Players in the Market:
Abbott Laboratories Inc, Alcon Laboratories, Inc, Bausch & Lomb Surgical, Inc, Carl Zeiss, Inc, Lasersight Technologies, Inc., Nidek Co. Ltd., Ziemer Ophthalmic Systems AG., among others
Latest News and Development
July 20, 2015: Abbott announced the FDA approval and launch of the iDesign Advanced WaveScan Studio System, which generates a high-definition scan that measures and maps irregularities of the eye that may impact vision, according to a company news release. From these measurements, the iDesign System creates an accurate and personalized LASIK treatment plan based on the unique blueprint of each person's eyes.
June 18, 2018: Johnson & Johnson Vision announced today the U.S. Food and Drug Administration (FDA) approval of the iDESIGN Refractive Studio, making it the only system to use topography-integrated, wavefront-guided technology.2 This allows doctors to take a precise measurement of the eye inside and out to deliver a LASIK procedure personalized to the individual patient. It is approved for myopia, hyperopia, and mixed astigmatism. Additionally, it is the only available LASIK platform indicated for monovision LASIK in presbyopic myopic patients.
This research report categorizes the global Personalized LASIK Surgery market by top players/brands, region, type and end user. This report also studies the global Personalized LASIK Surgery market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
The personalized LASIK procedure is designed to be spherical aberration-neutral, neither creating nor reducing it. The treatment is still based on the refractive prescription in glasses. However, it does not measure and cannot correct other types of optical aberrations in the eye.
The report provides in-depth comprehensive analysis for regional segments that covers North America, Europe, Asia-Pacific, Middle East and Africa and Rest of World in Global Outlook Report with Market definitions, classifications, manufacturing processes, cost structures, development policies and plans.
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Key Market Trends
Presbyopia Shows Lucrative Growth Opportunity in the Global Personalized LASIK Surgery Market
Presbyopia is the irreversible loss of the accommodative ability of the eye that occurs due to aging. The prevalence of presbyopia is higher in societies in which larger proportions of the population survive into old age. With the aging of the U.S. population, unprecedented numbers of patients with presbyopia can be expected to present to optometrists' offices in the coming years.
Since presbyopia is age related, its prevalence is directly related to the proportion of older persons in the population. Although it is difficult to estimate the incidence of a chronic condition such as presbyopia, due to its slow onset, it appears that the highest incidence of presbyopia (i.e., first-reported effects) is in persons ages 42 to 44.
The research includes historic data from 2014 to 2020 and forecasts until 2026 which makes the report's an invaluable resource for industry executives, Marketing, Sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.
Note: All the reports that we list have been tracking the impact of COVID-19 . Both upstream and downstream of the entire supplychain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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