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LASIK Treatment Market to Witness Widespread Expansion During 2016 - 2024
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The introduction of new technologies like customized or wave front-guided lasers and bladeless LASIK procedures is gaining traction and is expected to increase the demand for LASIK procedures during the forecast period. Entry of several private hospitals and ophthalmology clinics is also providing significant traction for LASIK procedures, moreover several clinics are using social media and other advertising medium to promote and create awareness about the benefits of LASIK treatments which in turn is expected to increase the number of people opting for LASIK treatment procedures.
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The manufacturers and clinicians are constantly trying to improve cost effectiveness of the LASIK procedure and trying to reduce prices of the procedures which is expected to provide significant opportunities in near future, however high price of the treatment procedure still remains a hurdle for LASIK treatment market. Also, presence of several manufacturers in LASIK treatment market is expected to create fierce competition in the market during the forecast period.
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Some key participants in the LASIK treatment market are Carl Zeiss, Inc., Alcon Laboratories, Inc., Wavelight AG, VISX, Inc., Bausch & Lomb Surgical, Inc., AMO Manufacturing USA LLC, Nidek, Inc., Lasersight Technologies, Inc. and Summit Automonous, Inc. among others.
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