Global LASIK Treatment Market Has Shown Huge Growth at a +9% of CAGR by 2021-2028 with Abbott Medical Optics, Carl Zeiss…
Laser-assisted in situ keratomileusis, or LASIK, is a form of laser eye surgery that changes the shape of the cornea to limit or eliminate the requirement for glasses and contact lenses in case of severe myopia. This surgery acts as a long-term replacement to contact lenses and eyeglasses. LASIK is also used to treat hyperopia and astigmatism. The rise in the aging population is anticipated to positively impact the LASIK Treatment Market.
The global LASIK Treatment Market is evaluated to be valued at US$ 2000 million and is anticipated to augment at a CAGR of +9% from 2021 to 2028.
As LASIK procedure confers people freedom from using corrective lenses by improving their eyesight, however in most cases the eyesight is not restored completely and people may need corrective lenses to perform few critical tasks. The increasing adoption of the LASIK methods over corrective lenses due to increasing awareness is anticipated to provide a noteworthy boost for the LASIK Treatment Market over the forecast period.
The high adoption of the LASIK procedures is propelled by the changing demographics. The highest adoption of LASIK procedures has been noteworthily witnessed among the young generation between the age group of years of 19 to 35. Globally it has been evidenced that due to peer pressure and high understanding the adoption rate of cosmetic surgeries is increasing among the young population, which in turn is anticipated to provide significant growth opportunities for LASIK Treatment Market.
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Key Players: Abbott Medical Optics (AMO), Bausch & Lomb Surgical, Inc., Carl Zeiss, Inc., Nidek, Inc., Alcon Laboratories, Inc., Wavelight AG, VISX, Inc., Lasersight Technologies, Inc., Summit Automonous, Inc., and MO Manufacturing USA LLC
The introduction of new technologies like customized or wavefront-guided lasers and bladeless LASIK procedures is obtaining traction and is anticipated to increase the demand for LASIK procedures during the forecast period.
North America and Europe are predicted to be the dominant regions in the LASIK Treatment Market due to the high adoption of the LASIK methods in these regions. The demand for LASIK treatment procedures is huge in the U.S. followed by Europe. The increasing demand for cosmetic surgery in the younger generation in these regions is anticipated to create high demand in the market.
Asia Pacific is anticipated to witness huge growth in the LASIK Treatment Market owing to the high population between the age group of 19-35 years and due to increasing adoption of the LASIK treatment procedure. Asia Pacific is expected to witness huge growth in terms of CAGR during the forecast period followed by Latin America owing to policies like tax holidays in some countries along with increasing healthcare expenditure.
The Middle East and Africa region are anticipated to witness sluggish growth in terms of revenue however increasing socio-economic stability in this region may encourage the growth of the LASIK Treatment Market.
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- Surgical Blades
- Eye Holders
- Suction Rings
By End User
- Ophthalmology Clinics
- Ambulatory Surgical Centers
- North America
- South America
- Middle East and Africa
- Latin America
Detailed TOC of LASIK Treatment Market Market Research Report-
– LASIK Treatment Market Introduction and Market Overview
– LASIK Treatment Market Market, by Application
– LASIK Treatment Market Industry Chain Analysis
– LASIK Treatment Market Market, by Type
– Industry Manufacture, Consumption, Export, Import by Regions
– Industry Value ($) by Region
– LASIK Treatment Market Market Status and SWOT Analysis by Regions
– Major Region of LASIK Treatment Market Market
i) Global LASIK Treatment Market Sales
ii) Global LASIK Treatment Market Revenue & market share
– Major Companies List
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