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Primary Catalyst Driving Personalized LASIK Surgery Market Evolution in 2025: Impact Of Rising Ophthalmic Disease Burden On Personalized LASIK Surgery Market Growth Driver
The market size for personalized lasik surgery has shown significant growth over the recent years. From 2024 to 2025, it is projected to expand from $2.63 billion to $2.82 billion, showcasing a compound annual growth rate (CAGR) of 7.2%. The growth during the historical period is linked to factors like increasing public knowledge about Lasik surgery, heightened occurrence of refractive errors, growth of refractive surgery centers, enhanced patient safety and results, and support from government and regulatory bodies.
Expect a robust growth in the personalized lasik surgery market size over the coming years. The market is projected to expand to $3.69 billion in 2029, recording a compound annual growth rate (CAGR) of 6.9%. This growth in the predicted period can be ascribed to factors such as increasing elderly population, escalating incidence of vision-related disorders, rise in awareness and education, developments in healthcare infrastructure and the burgeoning of medical tourism. The future trends to watch out for in this period consist of advancements in LASIK platforms, acceptance of laser-assisted systems, technological advancements, improved patient care, and customized treatment options.
What Is Stimulating Growth in the Personalized LASIK Surgery Market?
An increase in the prevalence of eye-related diseases is anticipated to boost the personalized LASIK surgery market's expansion. Eye diseases such as glaucoma, cataracts, macular degeneration, and diabetic retinopathy that interfere with the eyes and vision are becoming more widespread due to factors such as aging population, higher incidences of chronic illnesses like diabetes, and lifestyle choices like extended screen time, all leading to more frequent eye disorders. Customized LASIK surgery offers targeted vision correction techniques that enhance precision, efficiency, and patient results for ailments like myopia and astigmatism. For example, Eurostat, a government agency based in Luxembourg, reported that, in 2022, cataract surgery, which entails the removal of the eye's natural lens, was conducted 4.73 million times across EU countries. Consequently, the increasing prevalence of eye diseases is expected to stimulate the growth of the personalized LASIK surgery market.
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Which Key Market Leaders Are Driving Personalized LASIK Surgery Industry Growth?
Major companies operating in the personalized LASIK surgery market are Abbott Laboratories, Stryker Corporation, Carl Zeiss AG, Alcon Inc., Bausch Health Companies Inc., Medtronic plc, Santen Pharmaceutical Co. Ltd., Topcon Corporation, Johnson & Johnson Vision Care Inc., STAAR Surgical Company, Optical Express Ltd., The LASIK Vision Institute LLC, LASIK MD Inc., Centre For Sight Limited, Technolas Perfect Vision GmbH, Optegra Eye Health Care Ltd., IntraLase LLC, SCHWIND eye-tech-solutions GmbH, Optimax Clinics Limited, NIDEK Co. Ltd., Shanghai New Eyes Medical Inc., Ziemer Ophthalmic Systems AG, LaserSight Technologies Inc., Presbia PLC
What Are the Emerging Trends in the Personalized LASIK Surgery Industry?
Major corporations in the personalized LASIK surgery market are shifting their strategies towards the use of advanced LASIK platforms, such as laser-assisted systems. These systems enhance precision, improve patient results, and make surgical procedures more efficient. Laser-assisted systems are innovative eye surgery technologies that use lasers to precisely modify the cornea shape for vision correction, which proves to be more accurate and customizable compared to conventional techniques. For example, in January 2024, Bausch + Lomb Corporation, an eye health-based company from Canada, obtained FDA approval for its TENEO Excimer Laser Platform for LASIK surgery, designed to rectify myopia and myopic astigmatism. The platform possesses a high-tech eye-tracker that operates at 1740 Hz, running at three times the speed of the laser's repetition, and uses a 500 Hz laser with the fastest ablation time amongst excimer lasers in the U.S., achieving about 1.2 seconds per diopter.
What Are the Main Segments in the Personalized LASIK Surgery Market?
The personalized lasik surgerymarket covered in this report is segmented -
1) By Type: Topography Guided LASIK, Wavefront Guided LASIK, Wavefront Optimized LASIK
2) By Indications: Myopia, Hypermetropia, Presbyopia, Other Indications
3) By End User: Hospitals, Clinics, Ambulatory Surgical Centers, Other End Users
Subsegments:
1) By Topography Guided LASIK: Corneal Topography Mapping, Customized Treatment Plans
2) By Wavefront Guided LASIK: Aberrometry Analysis, Customized Wavefront Maps
3) By Wavefront Optimized LASIK: Standardized Treatment Protocols, Preserving Natural Aberrations
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Which Geographic Area Leads the Personalized LASIK Surgery Market?
North America was the largest region in the personalized LASIK surgery market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the personalized LASIK surgery market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Personalized LASIK Surgery Global Market Report?
- Market Size Analysis: Analyze the Personalized LASIK Surgery Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Personalized LASIK Surgery Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Personalized LASIK Surgery Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Personalized LASIK Surgery Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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