Global Custom LASIK Surgery Market, By Procedure (Wavefront Guided, Wavefront Optimized, Topography), Therapeutic Applications (Myopia, Hyperopia, Astigmatism, Others), and Geography - Trends, Analysis and Forecast till 2024
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Changing lifestyle patterns has in turn led to weakening immunity and has inadvertently increased susceptibility to various health problems worldwide. The global chronic disease incidence rate has increased significantly over the last two decades. Eye related diseases have also increased in the recent past. Over 150 million people in the U.S. wear corrective eye wear according to the American Academy of Ophthalmology 2016 statistics. Myopia is the widely prevalent eye-disorder and its prevalence rate is highest in Japan. High demand for effective treatment approach has led to increased demand for custom LASIK surgery procedure worldwide.
Companies engaged in custom LASIK surgery market are expected to generate significant return on investment (ROI) over the forecast period. The technology has clear added advantage over the conventional approach. While conventional eye exams detects only two corneal abnormalities (spherical and cylindrical), wavefront-guided LASIK system detects infinite number of abnormalities. Moreover, only 1-3% of patients experience LASIK eye surgery complications, making it a highly preferred technique for eye surgeries in the present scenario.
This report segments the custom LASIK surgery market on the basis of procedure, application, and end user. On the basis of procedure, the market is segmented as topography-guided LASIK procedure, Wavefront guided and wavefront optimized. On the basis of therapeutic applications, the custom LASIK surgery market is segmented as myopia, hyperopia, astigmatism, and others.
Key features of the study:
This report provides in-depth analysis of the custom LASIK surgery market and provides market size (US$ million) and Cumulative Annual Growth Rate (CAGR) (%) for the forecast period (2016 – 2024), considering 2015 as the base year
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It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides valuable insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by the leading players
The report takes into account critical limiting factors such as accuracy issues and need for calibrating the device several times a day while analyzing the market value and growth (%) during the forecast period
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
Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients achieve transformational growth by helping them make critical business decisions. We are headquartered in India, having office at global financial capital in the U.S. Our client base includes players from across all business verticals in over 150 countries worldwide. We are uniquely positioned to help businesses around the globe deliver practical and lasting results through various recommendations about operational improvements, technologies, emerging market trends and new working methods. We offer both customized and syndicated market research reports that help our clients create visionary growth plans to provide traction to their business. We meticulously study emerging trends across various industries at both the global and regional levels to identify new opportunities for our clientele. Our global team of over 100 research analysts and freelance consultants provide market intelligence from the very molecular country level and also provide a global perspective of the market. Our team is of the most vital cog in our robust machinery that gives us the ability to deliver independent insight relying on our cognitive defusion training module.This allows for an objective and unbiased assessment of the market. We pride ourselves in my constantly striving to update our extremely in-depth understanding of the market by closely monitoring and analyzing markets, trends, and emerging best practices, across allfathomable industries under the sun. This enables us to equip our valued clientele with key decisive inputs to capitalize on lucrative growth opportunities in the market and to follow firmly position themselves on a high growth path in the future.
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