Lasik Surgery Market: By Technology (Wavefront-Guided LASIK, Wavefront-Optimized LASIK, Topography Assisted LASIK, All Laser), By End-user (Hospitals, Eye Clinics, Ambulatory Surgical Centers), and Geography

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LASIK Surgery Market size was valued at USD 3.4 billion in 2022 and is poised to grow at a CAGR of 7.1% from 2023-2029. The Lasik or laser-assisted in-situ keratomileusis is the most commonly performed laser refractive eye surgery to treat myopia (nearsightedness), astigmatism, and hyperopia (farsightedness). This LASIK procedure is done for reshaping the cornea and enabling light entering the eye to be properly focused on the retina for a clear vision. In a majority of cases LASIK surgery is a painless procedure and completed within 15 minutes for both eyes and the recovery period is as little as 24 hours. The LASIK procedure helps the sighted people free from the lenses, however, it may not completely restore the sight, and may request to use corrective lenses to perform some critical tasks. Global LASIK surgery market is composed of many market players and a majority of the market is dominated by some strong players. Companies in LASIK surgery market are engaged in mergers, acquisitions, and collaborations to increase their product portfolio in the market and strengthen their market position. For instance, In September 2016, Johnson & Johnson Inc. entered into a definitive agreement to acquire Abbot Medical Optics of Abbot Laboratories to strengthen their product portfolio in ophthalmic products. This acquisition includes Abbot Medical Ophthalmics advanced laser vision technology designed to surgeon productivity and corrects the sightedness and astigmatism. Furthermore, companies also focusing on the new product developments, advancing the existing technologies to diversify their products and grab the market share.

LASIK Surgery Market Key Developments:
  • In November 2015, Alcon, a subsidiary of Novartis AG has introduced countoura vision as first personalised LASIK procedure
  • In December 2013, U.S. Food and Drug Administration approved Nidek, Inc. topography assisted LASIK system, Nidek 5000 Excimer Laser System 

Lasik Surgery Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

7.1%

Largest Market

North America

Fastest Growing Market

Asia Pacific
Lasik Surgery Market Dynamics

LASIK Surgery Market is mainly driven by the growing adaptation LASIK procedure worldwide to treat myopia and hyperopia. In addition, growth rates of a geriatric population who are more susceptible to sight problems and technological advancements expected to boost the LASIK surgery market over the forecast period. Furthermore, increase in government support and hospital and company partnership may drive the LASIK surgery market over the forecast period. However, lack of skilled professionals, minimal awareness about the LASIK surgery in developed and developing regions may hinder the market growth. Moreover, LASIK Surgery may not correct the complete sight and availability of other refractory procedures to act as restraints for the LASIK surgery market over the forecast period.

Key Features of the Reports

  • The report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
  • The report covers in-detail insights about the competitor's overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario

Lasik Surgery Market Segmentation

By Technology
  • Wavefront-Guided LASIK
  • Wavefront-Optimized LASIK
  • Topography Assisted LASIK
  • All Laser
By End User
  • Hospitals
  • Eye Clinics
  • Ambulatory Surgical Centers

Frequently Asked Questions

The lasik surgery market size was valued at USD 3.4 billion in 2022

The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).

Nidek, Inc. (U.S.) Abbott Laboratories (AMO Manufacturing USA LLC) (U.S.) Novartis AG (Alcon Laboratories, Inc.) (Switzerland) Valeant Pharmaceuticals International, Inc. (Bausch & Lomb Surgical, Inc.) (Canada) Carl Zeiss, Inc. (Germany) Lasersight Technologies, Inc. (U.S)

1.Executive Summary
2.Global Lasik Surgery Market Introduction 
2.1.Global Lasik Surgery Market  - Taxonomy
2.2.Global Lasik Surgery Market  - Definitions
2.2.1.Technology
2.2.2.End User
2.2.3.Region
3.Global Lasik Surgery Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4.Global Lasik Surgery Market Analysis, 2018 - 2022 and Forecast 2023 - 2029
4.1.  Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5.Global Lasik Surgery Market  By Technology, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
5.1. Wavefront-Guided LASIK
5.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Wavefront-Optimized LASIK
5.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
5.3. Topography Assisted LASIK
5.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.3.3. Market Opportunity Analysis 
5.4. All Laser
5.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.4.3. Market Opportunity Analysis 
6.Global Lasik Surgery Market  By End User, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
6.1. Hospitals
6.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Eye Clinics
6.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
6.3. Ambulatory Surgical Centers
6.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.3.3. Market Opportunity Analysis 
7.Global Lasik Surgery Market  By Region, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
7.1. North America
7.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Europe
7.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
7.3. Asia Pacific (APAC)
7.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.3.3. Market Opportunity Analysis 
7.4. Middle East and Africa (MEA)
7.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.4.3. Market Opportunity Analysis 
7.5. Latin America
7.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.5.3. Market Opportunity Analysis 
8.North America Lasik Surgery Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
8.1. Technology Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.1.1.Wavefront-Guided LASIK
8.1.2.Wavefront-Optimized LASIK
8.1.3.Topography Assisted LASIK
8.1.4.All Laser
8.2.  End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.2.1.Hospitals
8.2.2.Eye Clinics
8.2.3.Ambulatory Surgical Centers
8.3.  Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.3.1.United States of America (USA)
8.3.2.Canada
9.Europe Lasik Surgery Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
9.1. Technology Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.1.1.Wavefront-Guided LASIK
9.1.2.Wavefront-Optimized LASIK
9.1.3.Topography Assisted LASIK
9.1.4.All Laser
9.2.  End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.2.1.Hospitals
9.2.2.Eye Clinics
9.2.3.Ambulatory Surgical Centers
9.3.  Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.3.1.Germany
9.3.2.France
9.3.3.Italy
9.3.4.United Kingdom (UK)
9.3.5.Spain
9.3.6.Rest of EU
9.3.7.
10.Asia Pacific (APAC) Lasik Surgery Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
10.1. Technology Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Wavefront-Guided LASIK
10.1.2.Wavefront-Optimized LASIK
10.1.3.Topography Assisted LASIK
10.1.4.All Laser
10.2.  End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Hospitals
10.2.2.Eye Clinics
10.2.3.Ambulatory Surgical Centers
10.3.  Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.China
10.3.2.India
10.3.3.Australia and New Zealand (ANZ)
10.3.4.Japan
10.3.5.Rest of APAC
11.Middle East and Africa (MEA) Lasik Surgery Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
11.1. Technology Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Wavefront-Guided LASIK
11.1.2.Wavefront-Optimized LASIK
11.1.3.Topography Assisted LASIK
11.1.4.All Laser
11.2.  End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Hospitals
11.2.2.Eye Clinics
11.2.3.Ambulatory Surgical Centers
11.3.  Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.GCC Countries
11.3.2.South Africa
11.3.3.Rest of MEA
12.Latin America Lasik Surgery Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
12.1. Technology Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Wavefront-Guided LASIK
12.1.2.Wavefront-Optimized LASIK
12.1.3.Topography Assisted LASIK
12.1.4.All Laser
12.2.  End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Hospitals
12.2.2.Eye Clinics
12.2.3.Ambulatory Surgical Centers
12.3.  Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.Brazil
12.3.2.Mexico
12.3.3.Rest of LA
13. Competition Landscape
13.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
13.2.1.Nidek, Inc. (U.S.)
13.2.2.Abbott Laboratories (AMO Manufacturing USA LLC) (U.S.)
13.2.3.Novartis AG (Alcon Laboratories, Inc.) (Switzerland)
13.2.4.Valeant Pharmaceuticals International, Inc. (Canada)
13.2.5.Carl Zeiss, Inc. (Germany)
13.2.6.Lasersight Technologies, Inc. (U.S)
14. Research Methodology 
15. Appendix and Abbreviations 
  • Nidek, Inc. (U.S.)
  • Abbott Laboratories (AMO Manufacturing USA LLC) (U.S.)
  • Novartis AG (Alcon Laboratories, Inc.) (Switzerland)
  • Valeant Pharmaceuticals International, Inc. (Canada)
  • Carl Zeiss, Inc. (Germany)
  • Lasersight Technologies, Inc. (U.S)

Adjacent Markets