June 25, 2024

LASIK Eye Surgery Devices Market Size to Attain USD 3.69 Bn by 2033

The global LASIK eye surgery devices market size accounted for US$ 2.25 billion in 2023 and is projected to reach around USD 3.69 billion by 2033, growing at a CAGR of 5.07% from 2024 to 2033.

Key Points

  • North America dominated the market with the largest share of 37% in 2023.
  • Asia Pacific is expected to experience considerable growth over the forecast period.
  • By product, the femtosecond laser segment held the largest share of the market in 2023.
  • By product, the excimer laser system segment is predicted to be the fastest-growing segment over the forecast period.
  • By end-use, the LASIK eye centers segment accounted for the largest market share in 2023.
  • By end-use, the ambulatory surgical centers (ASCs) segment is the fastest-growing segment in the LASIK eye surgery devices market during the forecast period.

LASIK Eye Surgery Devices Market Size 2024 to 2033

Report Summary

The global LASIK eye surgery devices market report provides a Point-by-Point and In-Depth analysis of global market size, regional and country-level market size, market share, segmentation market growth, competitive landscape, sales analysis, opportunities analysis, strategic market growth analysis, the impact of domestic and global market key players, value chain optimization, trade regulations, recent developments, product launches, area marketplace expanding, and technological innovations.

The study offers a comprehensive analysis on diverse features, including production capacities, demand, product developments, revenue generation, and sales in the LASIK eye surgery devices market across the globe.

A comprehensive estimate on the LASIK eye surgery devices market has been provided through an optimistic scenario as well as a conservative scenario, taking into account the sales of LASIK eye surgery devices during the forecast period. Price point comparison by region with global average price is also considered in the study.

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LASIK Eye Surgery Devices Market Scope

Report Coverage Details
Growth Rate from 2024 to 2033 CAGR of 5.07%
Global Market Size in 2023 USD 2.25 Billion
Global Market Size by 2033 USD 3.69 Billion
U.S. Market Size in 2023 USD 620 Million
U.S. Market Size by 2033 USD 1,020 Million
Base Year 2023
Forecast Period 2024 to 2033
Segments Covered By Product and By End-use
Regions Covered North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa

Key Highlights:

Reports Coverage: It incorporates key market sections, key makers secured, the extent of items offered in the years considered, worldwide containerized LASIK eye surgery devices market and study goals. Moreover, it contacts the division study gave in the report based on the sort of item and applications.

Market Outline: This area stresses the key investigations, market development rate, serious scene, market drivers, patterns, and issues notwithstanding the naturally visible pointers.

Market Production by Region: The report conveys information identified with import and fare, income, creation, and key players of every single local market contemplated are canvassed right now.

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Market Players

The report includes the profiles of key LASIK eye surgery devices market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information, key development in past five years.

Recent Developments

  • In January 2024, the FDA approved the Teneo Excimer Laser Platform (Bausch + Lomb Corporation) for laser-assisted in situ keratomileusis (LASIK), a vision correction surgery for myopia and myopic astigmatism (nearsightedness).
  • In June 2023, ZEISS, a global optics and optoelectronic technology leader, launched its advanced medical devices, VISUMAX 800 and Quatera 700.
  • In March 2023, Johnson & Johnson Vision, a part of Johnson & Johnson MedTech, announced the CE Mark approval for its advanced laser vision correction solution, the ELITA Femtosecond Laser System. This new laser enables surgeons to perform refractive correction for myopia, with or without astigmatism, through the SILK Procedure, a novel lenticular technique (Smooth Incision Lenticule Keratomileusis).
  • In May 2022, Sohana Hospital, located in Mohali, India, introduced LASIK treatment to eliminate the need for spectacles. As per the source, the Contoura Vision LASIK surgery can be completed in under 10 minutes.

LASIK Eye Surgery Devices Market Companies

  • Alcon, Inc. (Switzerland)
  • Carl Zeiss Meditec AG (Germany)
  • Johnson & Johnson Vision Care, Inc. (U.S.)
  • Bausch + Lomb (U.S.)
  • NIDEK CO., LTD. (Japan)
  • SCHWIND eye-tech-solutions GmbH (Germany)
  • Ziemer Ophthalmic Systems AG (Switzerland)
  • Abbott Medical Optics (U.S.)
  • Technolas Perfect Vision GmbH (Germany)
  • AMO Manufacturing USA, LLC (U.S.)
  • Topcon Corporation (Japan)
  • Lumenis Ltd. (Israel)
  • LensAR, Inc. (U.S.)
  • ZEPTO Precision Cataract Surgery (U.S.)
  • iVIS Technologies (Italy)
  • Optovue, Inc. (U.S.)
  • Beyeonics Surgical Ltd. (U.K.)

Segments Covered in the Report

By Product

  • Excimer Laser
  • Femtosecond Laser

By End-use

  • LASIK Eye Centers
  • Hospitals
  • Ambulatory Surgical Centers
  • Others

Regional Segmentation

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, Japan, India, Southeast Asia and Rest of APAC)
  • Latin America (Brazil and Rest of Latin America)
  • Middle East and Africa (GCC, North Africa, South Africa, Rest of MEA)

Research Methodology

Secondary Research

It involves company databases such as Hoover’s: This assists us to recognize financial information, the structure of the market participants and industry’s competitive landscape.

The secondary research sources referred in the process are as follows:

  • Governmental bodies, and organizations creating economic policies
  • National and international social welfare institutions
  • Company websites, financial reports and SEC filings, broker and investor reports
  • Related patent and regulatory databases
  • Statistical databases and market reports
  • Corporate Presentations, news, press release, and specification sheet of Manufacturers

Primary Research

Primary research includes face-to-face interviews, online surveys, and telephonic interviews.

  • Means of primary research: Email interactions, telephonic discussions and Questionnaire-based research etc.
  • In order to validate our research findings and analysis, we conduct primary interviews of key industry participants. Insights from primary respondents help in validating the secondary research findings. It also develops Research Team’s expertise and market understanding.

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology (Premium Insights)

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on LASIK Eye Surgery Devices Market 

5.1. COVID-19 Landscape: LASIK Eye Surgery Devices Industry Impact

5.2. COVID 19 – Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global LASIK Eye Surgery Devices Market, By Product

8.1. LASIK Eye Surgery Devices Market Revenue and Volume, by Product, 2024-2033

8.1.1. Excimer Laser

8.1.1.1. Market Revenue and Volume Forecast (2021-2033)

8.1.2. Femtosecond Laser

8.1.2.1. Market Revenue and Volume Forecast (2021-2033)

Chapter 9. Global LASIK Eye Surgery Devices Market, By End-use

9.1. LASIK Eye Surgery Devices Market Revenue and Volume, by End-use, 2024-2033

9.1.1. LASIK Eye Centers

9.1.1.1. Market Revenue and Volume Forecast (2021-2033)

9.1.2. Hospitals

9.1.2.1. Market Revenue and Volume Forecast (2021-2033)

9.1.3. Ambulatory Surgical Centers

9.1.3.1. Market Revenue and Volume Forecast (2021-2033)

9.1.4. Others

9.1.4.1. Market Revenue and Volume Forecast (2021-2033)

Chapter 10. Global LASIK Eye Surgery Devices Market, Regional Estimates and Trend Forecast

10.1. North America

10.1.1. Market Revenue and Volume Forecast, by Product (2021-2033)

10.1.2. Market Revenue and Volume Forecast, by End-use (2021-2033)

10.1.3. U.S.

10.1.3.1. Market Revenue and Volume Forecast, by Product (2021-2033)

10.1.3.2. Market Revenue and Volume Forecast, by End-use (2021-2033)

10.1.4. Rest of North America

10.1.4.1. Market Revenue and Volume Forecast, by Product (2021-2033)

10.1.4.2. Market Revenue and Volume Forecast, by End-use (2021-2033)

10.2. Europe

10.2.1. Market Revenue and Volume Forecast, by Product (2021-2033)

10.2.2. Market Revenue and Volume Forecast, by End-use (2021-2033)

10.2.3. UK

10.2.3.1. Market Revenue and Volume Forecast, by Product (2021-2033)

10.2.3.2. Market Revenue and Volume Forecast, by End-use (2021-2033)

10.2.4. Germany

10.2.4.1. Market Revenue and Volume Forecast, by Product (2021-2033)

10.2.4.2. Market Revenue and Volume Forecast, by End-use (2021-2033)

10.2.5. France

10.2.5.1. Market Revenue and Volume Forecast, by Product (2021-2033)

10.2.5.2. Market Revenue and Volume Forecast, by End-use (2021-2033)

10.2.6. Rest of Europe

10.2.6.1. Market Revenue and Volume Forecast, by Product (2021-2033)

10.2.6.2. Market Revenue and Volume Forecast, by End-use (2021-2033)

10.3. APAC

10.3.1. Market Revenue and Volume Forecast, by Product (2021-2033)

10.3.2. Market Revenue and Volume Forecast, by End-use (2021-2033)

10.3.3. India

10.3.3.1. Market Revenue and Volume Forecast, by Product (2021-2033)

10.3.3.2. Market Revenue and Volume Forecast, by End-use (2021-2033)

10.3.4. China

10.3.4.1. Market Revenue and Volume Forecast, by Product (2021-2033)

10.3.4.2. Market Revenue and Volume Forecast, by End-use (2021-2033)

10.3.5. Japan

10.3.5.1. Market Revenue and Volume Forecast, by Product (2021-2033)

10.3.5.2. Market Revenue and Volume Forecast, by End-use (2021-2033)

10.3.6. Rest of APAC

10.3.6.1. Market Revenue and Volume Forecast, by Product (2021-2033)

10.3.6.2. Market Revenue and Volume Forecast, by End-use (2021-2033)

10.4. MEA

10.4.1. Market Revenue and Volume Forecast, by Product (2021-2033)

10.4.2. Market Revenue and Volume Forecast, by End-use (2021-2033)

10.4.3. GCC

10.4.3.1. Market Revenue and Volume Forecast, by Product (2021-2033)

10.4.3.2. Market Revenue and Volume Forecast, by End-use (2021-2033)

10.4.4. North Africa

10.4.4.1. Market Revenue and Volume Forecast, by Product (2021-2033)

10.4.4.2. Market Revenue and Volume Forecast, by End-use (2021-2033)

10.4.5. South Africa

10.4.5.1. Market Revenue and Volume Forecast, by Product (2021-2033)

10.4.5.2. Market Revenue and Volume Forecast, by End-use (2021-2033)

10.4.6. Rest of MEA

10.4.6.1. Market Revenue and Volume Forecast, by Product (2021-2033)

10.4.6.2. Market Revenue and Volume Forecast, by End-use (2021-2033)

10.5. Latin America

10.5.1. Market Revenue and Volume Forecast, by Product (2021-2033)

10.5.2. Market Revenue and Volume Forecast, by End-use (2021-2033)

10.5.3. Brazil

10.5.3.1. Market Revenue and Volume Forecast, by Product (2021-2033)

10.5.3.2. Market Revenue and Volume Forecast, by End-use (2021-2033)

10.5.4. Rest of LATAM

10.5.4.1. Market Revenue and Volume Forecast, by Product (2021-2033)

10.5.4.2. Market Revenue and Volume Forecast, by End-use (2021-2033)

Chapter 11. Company Profiles

11.1. Alcon, Inc. (Switzerland)

11.1.1. Company Overview

11.1.2. Product Offerings

11.1.3. Financial Performance

11.1.4. Recent Initiatives

11.2. Carl Zeiss Meditec AG (Germany)

11.2.1. Company Overview

11.2.2. Product Offerings

11.2.3. Financial Performance

11.2.4. Recent Initiatives

11.3. Johnson & Johnson Vision Care, Inc. (U.S.)

11.3.1. Company Overview

11.3.2. Product Offerings

11.3.3. Financial Performance

11.3.4. Recent Initiatives

11.4. Bausch + Lomb (U.S.)

11.4.1. Company Overview

11.4.2. Product Offerings

11.4.3. Financial Performance

11.4.4. Recent Initiatives

11.5. NIDEK CO., LTD. (Japan)

11.5.1. Company Overview

11.5.2. Product Offerings

11.5.3. Financial Performance

11.5.4. Recent Initiatives

11.6. SCHWIND eye-tech-solutions GmbH (Germany)

11.6.1. Company Overview

11.6.2. Product Offerings

11.6.3. Financial Performance

11.6.4. Recent Initiatives

11.7. Ziemer Ophthalmic Systems AG (Switzerland)

11.7.1. Company Overview

11.7.2. Product Offerings

11.7.3. Financial Performance

11.7.4. Recent Initiatives

11.8. Abbott Medical Optics (U.S.)

11.8.1. Company Overview

11.8.2. Product Offerings

11.8.3. Financial Performance

11.8.4. Recent Initiatives

11.9. Technolas Perfect Vision GmbH (Germany)

11.9.1. Company Overview

11.9.2. Product Offerings

11.9.3. Financial Performance

11.9.4. Recent Initiatives

11.10. AMO Manufacturing USA, LLC (U.S.)

11.10.1. Company Overview

11.10.2. Product Offerings

11.10.3. Financial Performance

11.10.4. Recent Initiatives

Chapter 12. Research Methodology

12.1. Primary Research

12.2. Secondary Research

12.3. Assumptions

Chapter 13. Appendix

13.1. About Us

13.2. Glossary of Terms

Thanks for reading you can also get individual chapter-wise sections or region-wise report versions such as North America, Europe, or the Asia Pacific.

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