Wednesday, May 30, 2018

LASIK Eye Surgery Industry Competitive Landscape, 2018 Market Innovation with Global Trends Forecasts by 2022

The Global LASIK Eye Surgery Market will expand at 6.5% CAGR between 2017 and 2022, projects Market Research Future (MRFR) in its latest report. LASIK stand for Laser-Assisted in Situ Keratomileusis (LASIK) and is one of the most commonly used surgical procedures for treating vision disorders such as hyperopia, astigmatism and myopia among others. The global prevalence of vision disorders has increased significantly in recent years. In 2015, close to 285 million people were diagnosed with vision impairment issues and number has continued to grow.
Latest Industry Trends and News:
Prominent eye health specialist Bausch + Lomb reportedly presented over 20 new scientific data presentations at the recently held American Society of Cataract and Refractive Surgery (ASCRS) Annual Meeting. During event the company also provided a number of surgeons an exclusive access to latest Bausch + Lomb eye care technologies.
Johnoson & Johnson Vision has recently unveiled a world-first contact lens “ACUVUE OASYS®” integrated with Transitions® Light Intelligent Technology. Along with vision correction, the lens also provides a dynamic photochromic filter that aids in balancing the intensity of light entering the eye.
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Meanwhile, manufacturers of LASIK eye surgery devices are ramping up investments in research and development activities in order to improve their product portfolio and provide better treatment options. In addition, many of the companies operating in the market are actively implementing merger and acquisition strategies to expand their operations to new markets and create stronger synergies. Over the years, government funding and support in R&D has also increased in the field of ophthalmology, hence creating greater possibilities of providing cost-effective eye care. The aforementioned factors are expected to influence the market throughout the forecast period. On the other hand, reducing the cost of vision correction treatments remains a formidable challenge for market players.
Global Market for LASIK Eye Surgery – Segmental Analysis
MRFR in its report offers a comprehensive segmental analysis of the market based on vision error, end user and type. By vision error, the market has been segmented into astigmatism, hyperopia, myopia and the others. Further, hyperopia segment is sub-segmented into pathologic hyperopia, physiologic hyperopia and others. The myopia segment is sub-segmented into degenerative, pseudomyopia, simple, induced or acquired, nocturnal and others. Similarly, the astigmatism segment in further sub-segmented into mixed astigmatism, hyperopic astigmatism, myopic astigmatism and others. On the basis of end user, the market is segmented into LASIK centers, eye care clinic and hospitals. By type, the market is segmented into topography guided, wavefront-guided, All Laser and wavefront optimized.
Worldwide LASIK Eye Surgery Market – Geographical Analysis:
The Americas is expected to lead the global market for LASIK eye surgery in 2018 and beyond. Availability of latest vision correction technology, increasing prevalence of vision impairment and high healthcare expenditure are some of the major factors driving the market in the region. Moreover, present of established players with robust R&D capacity is creating growth opportunities for LASIK eye surgery in Americas. The market in Europe is also expected to witness healthy growth during the assessment period. Many of the European countries such as France, the UK and Germany are making improvements in framework for the healthcare sector. In Asia Pacific (APAC), local policy makers are introducing new growth policies for the healthcare sector as well as greater emphasis is being placed on provide affordable and effective healthcare. Factor as such are likely to present tremendous growth opportunities to market players operating in region.
Major Table of Content For LASIK Eye Surgery Market Research Report- Global Forecast till 2022:
  1. Report Prologue
  2. Market Introduction
2.1 Definition
2.2 Scope Of The Study
2.2.1 Research Objective
2.2.2 Assumptions
2.2.3 Limitations
  1. Research Methodology
3.1 Introduction
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
TOC Continued…!
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