Global LASIK Eye Surgery Devices Market Expansion at 6.7% CAGR, Valued at $3.12 Billion by 2029

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What Are the LASIK Eye Surgery Devices Market Size Forecast for 2025?
The market landscape for LASIK eye surgery devices has seen robust growth in the recent past. The industry expansion will progress from a market worth $2.24 billion in 2024, to a valuation of $2.40 billion in 2025, recording a compound annual growth rate of 7.0%. Factors contributing to this growth during the historic period include a surge in refractive errors, a rising preference for less invasive procedures, a growing consciousness about vision improvement, increased disposable income, the growth of medical tourism, and a rise in the number of eye care clinics.

What Is the Market Size Outlook for LASIK Eye Surgery Devices Until 2029?
In the coming years, the LASIK eye surgery devices market is predicted to experience robust growth. The market size is set to reach $3.12 billion in 2029, with a compound annual growth rate (CAGR) of 6.7%. This growth during the forecast period is likely due to factors such as an increasing elderly population, augmented screen time in younger demographics, a surge in the implementation of femtosecond lasers, expanded insurance policy coverage, rising demand from developing markets, and a growing predilection for outpatient surgeries. The forecast period is also expected to see major trends like the application of wavefront-guided technology, the incorporation of artificial intelligence, the creation of personalized treatment programs, the shift to bladeless procedures, the emerging popularity of SMILE surgery, and a transition towards ambulatory surgical centers.

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What Are the Major Factors Driving Demand in the LASIK Eye Surgery Devices Market?
The surge in myopia cases is predicted to fuel the expansion of the LASIK eye surgery devices market. Myopia, colloquially known as nearsightedness, is a widespread visual ailment where close objects seem clear while far ones appear to be blurred. Extended screen time, causing eye strain and promoting eye elongation, contributes to the prevalence of myopia. LASIK eye surgery devices play a crucial role in myopia treatment by offering precise, long-lasting correction of nearsightedness through cornea reshaping. This not only enhances distance vision but also considerably reduces reliance on eyeglasses or contact lenses. For example, in September 2024, the Canadian Association of Optometrists, a professional body for optometrists based in Canada, reported that myopia currently affects nearly 30% of the global populace. Future estimates suggest that by 2050, the frequency of myopia will potentially rise to 50% of the global population. Consequently, the escalating occurrence of myopia is a key driver propelling the growth of the LASIK eye surgery devices market.

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How Are End-Use Segments Shaping the LASIK Eye Surgery Devices Market Outlook?
The lasik eye surgery devices market covered in this report is segmented -

1) By Product Type: Excimer Lasers, Femtosecond Lasers, Microkeratomes, Other Product Types
2) By Procedure Type: Laser-Assisted In Situ Keratomileusis (LASIK), Photorefractive Keratectomy (PRK), Laser-Assisted Sub-Epithelial Keratectomy (LASEK), Small Incision Lenticule Extraction (SMILE), Other Procedures
3) By Application: Myopia, Hyperopia, Astigmatism, Other Applications
4) By End User: Hospitals, Ambulatory Surgical Centers, Ophthalmology Clinics, Eye Research Institutes, Other End Users

Subsegments:
1) By Excimer Lasers: Wavefront-Guided Excimer Lasers, Topography-Guided Excimer Lasers, Conventional Excimer Lasers, Flying Spot Lasers, Scanning Slit Lasers
2) By Femtosecond Lasers: Low-Pulse Energy Femtosecond Lasers, High-Pulse Energy Femtosecond Lasers, Femtosecond Lasers For Flap Creation, Femtosecond Lasers For SMILE Procedures
3) By Microkeratomes: Manual Microkeratomes, Automated Microkeratomes, Disposable Blade Systems, Adjustable Depth Microkeratomes
4) By Other Product Types: Surgical Blades, Eye Trackers, Wavefront Aberrometers, Pupil Tracking Systems, Diagnostic Imaging Devices

What Are the Strategic Trends Transforming the LASIK Eye Surgery Devices Market Landscape?
Prominent enterprises in the LASIK eye surgery devices market are turning their focus towards the creation of innovative strategies such as bespoke LASIK treatments to boost their competitive standing. These personalized treatments offer a greater degree of precision by altering the procedure based on the unique characteristics of the individual's eyes. This results in enhanced vision and lowers the risk of any side effects. For instance, Alcon, an eye care firm based in Switzerland, introduced WaveLight Plus in April 2025. This is a cutting-edge laser-assisted in situ keratomileusis (LASIK) system that employs ray tracing tech to improve the precision and safety of surgeries while offering superior visual results. This novel device for LASIK eye surgery comes with sophisticated wavefront-guided ablation, eye tracking in real-time, and customizable treatment guidelines, giving it the capability to provide extremely accurate corneal reshaping, superior visual results, and aid safer, individually-tailored vision correction procedures.

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Who Are the Prominent Companies in the LASIK Eye Surgery Devices Market by ?
Major companies operating in the lasik eye surgery devices market are Alcon Inc., Bausch & Lomb Incorporated, Johnson & Johnson Vision Care Inc., Carl Zeiss Meditec AG, Trivitron Healthcare Private Limited, Ziemer Ophthalmic Systems AG, MORIA S.A., LightMed Corporation, Network Medical Products Ltd., SCHWIND eye-tech-solutions GmbH & Co. KG, Crescent Surgical & Medical Equipment, Optikon 2000 S.p.A., Fluence Technology Inc., NIDEK CO. LTD., LaserSight Technologies Inc., iVis Technologies S.r.l., Med-Logics Inc., Appasamy Associates Private Limited, Eye Medicare Incorporated, Shaanxi Xingmao Industry Co. Ltd.

Which Region Is Expected to See the Highest CAGR in the LASIK Eye Surgery Devices Market?
North America was the largest region in the LASIK eye surgery devices market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the lasik eye surgery devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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