Press release
LASIK Eye Surgery Market Outlook to 2033 Strengthened by Abbott, Johnson & Johnson & Carl Zeiss as North America Leads with 40% Share
The Global LASIK Eye Surgery Market reached US$ 2.61 billion in 2024 and is projected to grow to US$ 4.05 billion by 2033, registering a CAGR of 4.9% during 2025-2033. Demand is increasing due to rising preference for minimally invasive vision correction procedures, improved laser technologies, growing awareness of refractive error treatments, and expanding access to advanced ophthalmic care globally.Market growth is further supported by the rising incidence of myopia and hyperopia, increasing adoption of femtosecond lasers, and reduced dependence on spectacles and contact lenses. North America currently holds the largest market share due to strong healthcare infrastructure and high procedure adoption rates, while Asia Pacific is emerging as the fastest-growing region driven by large patient populations and expanding refractive surgery centers.
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The LASIK Eye Surgery Market is reshaping vision correction with fast, precise, and minimally invasive laser technologies that deliver long-lasting clarity.
Key Developments
United States
✅ September 2025: U.S. ophthalmic technology companies launched next-generation femtosecond lasers with enhanced precision and faster flap creation for LASIK procedures.
✅ June 2025: American refractive surgery centers adopted advanced wavefront-guided and topography-guided LASIK systems to improve accuracy for patients with irregular corneal profiles.
✅ April 2025: U.S. device manufacturers introduced AI-driven LASIK planning platforms capable of optimizing treatment parameters and predicting visual outcomes with higher reliability.
Japan
✅ October 2025: Japanese eye-care technology firms developed ultra-high-resolution corneal imaging systems to support more precise LASIK screening and customization.
✅ July 2025: Japan's refractive surgery clinics expanded usage of low-energy femtosecond laser platforms designed to reduce corneal inflammation and enhance post-surgery recovery.
✅ March 2025: Japanese research institutions introduced new ocular biomechanics assessment tools for safer LASIK eligibility evaluation, particularly in younger patients.
Mergers & Acquisitions
United States
✅ May 2025: A U.S.-based ophthalmic laser manufacturer acquired a refractive diagnostics startup to integrate advanced corneal mapping technologies into next-generation LASIK systems.
Japan
✅ February 2025: A Japanese medical device producer partnered with a domestic optics engineering company to co-develop innovative LASIK laser components and visualization systems.
✅ January 2025: A Japan-based refractive surgery solutions provider formed a strategic alliance with a U.S. distributor to expand global availability of premium LASIK technologies and surgical platforms.
Key Players
Abbott Laboratories | Johnson & Johnson | Carl Zeiss Inc. | Lasersight Technologies, Inc. | Abbott Medical Optics | Nidek Co. Ltd. | Bausch + Lomb | Ziemer Group AG | Alcon Laboratories | Tianjin JingMing New Tech. Devp. Co., Ltd. | HANSON MEDITEC CO., LTD | Huaian Meide Medical Instrument Co., Ltd.
Key Highlights
• Abbott Laboratories - Holds 10.6% share of the global ophthalmic devices and surgical technologies market, driven by strong diagnostic systems, refractive solutions, and innovation in eye-care medical technologies.
• Johnson & Johnson - Accounts for 13.4% market share through its vision care division, offering premium contact lenses, IOLs, and surgical technologies for refractive and cataract procedures.
• Carl Zeiss Inc. - Maintains 12.2% share, recognized for high-precision ophthalmic imaging, diagnostic systems, and advanced refractive laser platforms.
• Lasersight Technologies, Inc. - Represents 3.1% share, known for excimer laser systems and refractive surgery technologies used in LASIK procedures.
• Abbott Medical Optics (AMO) - Holds 6.7% share, supported by cataract surgery systems, IOL innovations, and premium surgical consumables (now part of Johnson & Johnson Vision).
• Nidek Co. Ltd. - Accounts for 7.9% share, driven by a strong product portfolio in diagnostic imaging, refractive lasers, and ophthalmic surgical systems.
• Bausch + Lomb - Maintains 9.8% share, known for comprehensive eye-care solutions including contact lenses, pharma products, surgical devices, and refractive systems.
• Ziemer Group AG - Holds 4.4% share, specializing in femtosecond laser platforms and advanced refractive surgery technologies.
• Alcon Laboratories - Represents 14.8% share, leading the global ophthalmic surgical systems market with innovations in cataract surgery, IOLs, vitreoretinal devices, and diagnostics.
• Tianjin JingMing New Tech. Development Co., Ltd. - Maintains 2.6% share, offering ophthalmic surgical instruments, slit lamps, and diagnostic systems with strong penetration in Asian markets.
• HANSON MEDITEC CO., LTD - Holds 2.3% share, recognized for ophthalmic surgical consumables, IOL accessories, and diagnostic tools.
• Huaian Meide Medical Instrument Co., Ltd. - Represents 2.0% market share, providing surgical instruments, reusable ophthalmic tools, and cost-efficient clinical equipment for emerging markets.
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Market Drivers
• Rising prevalence of myopia, hyperopia, and astigmatism worldwide is increasing the demand for laser vision correction procedures.
• Growing preference for minimally invasive and bladeless surgeries is accelerating adoption of femtosecond and wavefront-guided LASIK.
• Increasing disposable incomes and rising demand for elective cosmetic/vision correction procedures are boosting market growth.
• High success rates (96%) and faster recovery times compared to traditional corrective methods are supporting adoption.
• Technological advancements such as topography-guided LASIK, SMILE, and AI-assisted screening are enhancing outcomes and safety.
• Rising geriatric population with refractive errors is contributing to market demand.
Industrial Development
• Manufacturers are expanding development of advanced excimer and femtosecond laser systems with improved precision and corneal mapping.
• Introduction of AI-powered diagnostic platforms for screening corneal irregularities and predicting surgical outcomes.
• Rapid adoption of SMILE (Small Incision Lenticule Extraction) technology as a next-gen alternative to traditional LASIK.
• Investments in portable and compact LASIK laser systems to support ambulatory surgical centers and private ophthalmology clinics.
• Increasing partnerships between device manufacturers and eye care chains to enhance access to advanced refractive surgery technologies.
• Development of customized, patient-specific ablation profiles for improved visual accuracy and reduced post-surgery complications.
Regional Insights
• North America holds 40% share, driven by high procedure volumes, advanced clinical infrastructure, and early adoption of next-gen refractive technologies.
• Europe accounts for 28% share, supported by increasing demand for bladeless laser procedures, rising myopia rates, and expanding private ophthalmic centers.
• Asia-Pacific holds 22% share, fueled by large patient pools, rapid expansion of eye-care chains, and rising awareness about refractive surgery benefits.
• Latin America represents 6% share, with growth driven by increasing adoption of affordable LASIK procedures and expanding medical tourism.
• Middle East & Africa account for 4% share, supported by improving ophthalmic facilities and rising preference for minimally invasive vision correction.
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Key Segments:
➥ By Type
Wavefront-guided treatments are widely adopted for their high precision and ability to correct complex visual aberrations by tailoring the procedure to each patient's unique optical profile. Wavefront-optimized treatments remain popular due to their consistent outcomes, reduced risk of spherical aberrations, and suitability for a broad range of refractive error corrections. Topography-guided treatments are gaining traction for their ability to address irregular corneal surfaces, offering enhanced visual quality and improved outcomes for patients with corneal asymmetry or prior refractive complications.
➥ By Indication Type
Presbyopia treatments focus on improving near-vision performance in aging patients through advanced laser techniques designed to enhance depth of focus and restore reading clarity. Hyperopia procedures address farsightedness by reshaping the cornea to improve focus and visual acuity for distant and near objects. Myopia remains the most common indication, with treatments aimed at correcting nearsightedness by flattening the corneal curvature for clear distance vision. Astigmatism correction targets irregular corneal shapes, providing smoother optical pathways and sharper, more balanced vision.
➥ By End-User
Hospitals remain key providers due to their advanced ophthalmic infrastructure, access to specialized surgeons, and ability to manage complex refractive cases under controlled clinical settings. Ambulatory surgical centers are increasingly preferred for refractive procedures due to shorter wait times, cost-effective operations, and patient-friendly environments that support high surgical efficiency.
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