Global LASIK Treatment Market Anticipated to reach USD 4317.4 MN By 2025
Posted On November 04, 2019
As per the report published by the renowned market research company, Value Market Research the Global LASIK Treatment Market was valued at USD 2066 MN in 2018 and is estimated to reach USD 4317.4 MN by 2025 with a CAGR of 11.1% during 2019 -2025. The rise in the awareness among the people, the rising vision defects on account of using electronic gadgets consistently and the increase in global pollution are some factors leading to the growth of the Global LASIK Treatment Market. The LASIK eye surgery has its benefits as it offers fast recovery time, short duration of hospital stays, high accuracy, minimal blood loss, and permanent riddance of glasses or contact lenses along with guaranteed success rates due to which the Global LASIK Treatment Market is experiencing a surge in its growth globally.
LASIK which stands for Laser Assisted In-Situ Keratomileusis is a surgery performed to treat various vision problems such as myopia, hyperopia and astigmatism. It is generally performed by an ophthalmologist who uses a laser or a microkeratome to reshape the cornea of the eye and correct the respective problem being faced by the patient. LASIK procedures have been significantly observed as being conducted on patients in the age group ranging from 18 to 35 years and due to peer pressure and high awareness the rate of cosmetic surgeries is going up amongst the young generation which is anticipated to further lead to a significant growth in the expansion of the LASIK treatment market globally
The report “Global LASIK Treatment Market Report By Product Type (Lasers, Surgical Blades, Anesthetics, Eye Holders And Suction Rings), End-User (Hospitals, Ophthalmology Clinics, and Ambulatory Surgical Centers) And By Regions - Industry Trends, Size, Share, Growth, Estimation and Forecast, 2018-2025” precisely describes all the information significant to the industry and projections for the industry within the forecasted period.
On the basis of the product type, the Global LASIK Treatment Market has been subdivided into lasers, surgical blades, anaesthetics, eye holders and suction rings. Lasers provide effective treatment, safety, flexibility and a very low risk of corneal abrasion thus making it the leading segment in the products.
The segmentation by end user type has been categorised into hospitals, ophthalmology clinics and ambulatory surgical centres. The increase in the number of patients suffering with eye problems such as myopia, hyperopia and astigmatism is the reason behind ophthalmology clinics leading this segment.
The regions over which the Global LASIK Treatment Market are prevalent are North America, Europe, Asia-Pacific, Latin America, Middle East and Africa. North America has emerged as the leading segment due to increasing awareness about LASIK and due to good healthcare norms and the presence of famous key players in the region.
Segmentation covered in the Report –
By Product Type
- Surgical Blades
- Eye Holders And Suction Rings
- Ophthalmology Clinics
- Ambulatory Surgical Centers
Companies Profiled in the Report
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Abbott Medical Optics Inc., Alcon Laboratories Inc., Bausch and Lomb Inc., Carl Zeiss Inc. and Nidek Inc. have been profiled as important players of the Global LASIK Treatment Market.
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