Global LASIK Surgery Market 2017-2021 - Product Image

Global LASIK Surgery Market 2017-2021

  • ID: 4368881
  • Report
  • Region: Global
  • 80 pages
  • TechNavio
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Analysts forecast the global LASIK surgery market to grow at a CAGR of 5.63% during the period 2017-2021

FEATURED COMPANIES

  • Carl Zeiss
  • Johnson & Johnson
  • LaserSight Technologies
  • Nidek
  • Novartis
  • Ziemer Ophthalmic Systems
  • MORE
About LASIK Surgery

Analysts forecast the global LASIK surgery market to grow at a CAGR of 5.63% during the period 2017-2021

LASIK is a technically advanced procedure carried out to minimize or eliminate the need of glasses and contact lenses. It is performed as an outpatient procedure under topical anesthesia (drops), which takes only 15-30 minutes, for the correction of refractive disorders such as myopia, hyperopia, and astigmatism. The first LASIK device was approved by the FDA for standard use in 1992. The US LASIK market has expanded and contracted with economic cycles.

Covered in this report

The report covers the present scenario and the growth prospects of the global LASIK surgery market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA
Global LASIK Surgery Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key Vendors
  • Johnson & Johnson
  • Novartis
  • Valeant Pharmaceuticals International
  • Carl Zeiss
  • Nidek
Other Prominent Vendors
  • Ziemer Ophthalmic Systems
  • LaserSight Technologies
Market Drivers
  • Increasing awareness about LASIK surgery
  • For a full, detailed list, view the full report
Market Challenges
  • Minimal insurance coverage
  • For a full, detailed list, view the full report
Market Trends
  • Increasing medical tourism for LASIK surgery
  • For a full, detailed list, view the full report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.

Research methodology is based on extensive primary and secondary research:
  • Primary research includes in-depth interviews with industry experts, vendors, resellers and customers
  • Secondary research includes the publisher's platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by government agencies
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Carl Zeiss
  • Johnson & Johnson
  • LaserSight Technologies
  • Nidek
  • Novartis
  • Ziemer Ophthalmic Systems
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
  • Market outline
PART 05: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
PART 06: Market segmentation by technology
  • Market overview
  • Global wavefront guided LASIK surgery market
  • Global wavefront optimized LASIK surgery market
  • Global topography guided LASIK surgery market
PART 07: Market segmentation by end-user
  • Market overview
  • Hospitals
  • Ophthalmic clinics
  • ASCs
PART 08: Geographical segmentation
  • Market Overview
  • LASIK surgery market in Americas
  • LASIK surgery market in EMEA
  • LASIK surgery market in APAC
PART 09: Decision framework

PART 10: Drivers and challenges
  • Market drivers
  • Market challenges
PART 11: Market trends
  • Increasing medical tourism for LASIK surgery
  • Increase in physician-owned eye surgery clinics
PART 12: Vendor landscape
  • Competitive scenario
PART 13: Key vendor analysis
  • Johnson & Johnson
  • Novartis
  • Valeant Pharmaceuticals International
  • Carl Zeiss
  • Nidek
  • Other prominent vendors
PART 14: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: Global LASIK surgery market: Overview
Exhibit 02: Segmentation of global LASIK surgery market
Exhibit 03: Global LASIK surgery market 2016-2021 ($ millions)
Exhibit 04: Five forces analysis
Exhibit 05: Global LASIK surgery market by technology
Exhibit 06: Global LASIK surgery market by technology 2016
Exhibit 07: Global wavefront guided LASIK surgery market 2016-2021 ($ millions)
Exhibit 08: Major wavefront guided LASIK devices in market
Exhibit 09: Global wavefront guided LASIK surgery market 2016-2021 ($ millions)
Exhibit 10: Global topography guided LASIK surgery market 2016-2021 ($ millions)
Exhibit 11: Major LASIK devices in market
Exhibit 12: Global LASIK surgery market by end-users
Exhibit 13: Global LASIK surgery market by end-users 2016
Exhibit 14: Global LASIK surgery market by geography
Exhibit 15: Global LASIK surgery market by geography 2016
Exhibit 16: LASIK surgery market in Americas: Market overview 2016-2021
Exhibit 17: LASIK surgery market in Americas 2016-2021 ($ millions)
Exhibit 18: LASIK surgery market in EMEA: Market overview 2016-2021
Exhibit 19: LASIK surgery market in EMEA 2016-2021 ($ millions)
Exhibit 20: LASIK surgery market in APAC: Market overview 2016-2021
Exhibit 21: LASIK surgery market in APAC 2016-2021 ($ millions)
Exhibit 22: Competitive structure analysis of global LASIK surgery market 2016
Exhibit 23: Johnson & Johnson: Key highlights
Exhibit 24: Johnson & Johnson: Strength assessment
Exhibit 25: Johnson & Johnson: Strategy assessment
Exhibit 26: Johnson & Johnson: Opportunity assessment
Exhibit 27: Novartis: Key highlights
Exhibit 28: Novartis: Strength assessment
Exhibit 29: Novartis: Strategy assessment
Exhibit 30: Novartis: Opportunity assessment
Exhibit 31: Valeant Pharmaceuticals International: Key highlights
Exhibit 32: Valeant Pharmaceuticals International: Strength assessment
Exhibit 33: Valeant Pharmaceuticals International: Strategy assessment
Exhibit 34: Valeant Pharmaceuticals International: Opportunity assessment
Exhibit 35: Carl Zeiss: Key highlights
Exhibit 36: Carl Zeiss: Strength assessment
Exhibit 37: Carl Zeiss: Strategy assessment
Exhibit 38: Carl Zeiss: Opportunity assessment
Exhibit 39: Nidek: Key highlights
Exhibit 40: Nidek: Strength assessment
Exhibit 41: Nidek: Strategy assessment
Exhibit 42: Nidek: Opportunity assessment
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FEATURED COMPANIES

  • Carl Zeiss
  • Johnson & Johnson
  • LaserSight Technologies
  • Nidek
  • Novartis
  • Ziemer Ophthalmic Systems
  • MORE
New Research Report - Global LASIK Surgery Market 2017-2021

The publisher recognizes the following companies as the key players in the global LASIK surgery market: Johnson & Johnson, Novartis, Valeant Pharmaceuticals International, Carl Zeiss, and Nidek.

Other Prominent Vendors in the market are: Ziemer Ophthalmic Systems, and LaserSight Technologies.

Commenting on the report, an analyst from the research team said: “One trend in the market is increasing medical tourism for LASIK surgery. A LASIK surgery is an expensive procedure (costs approximately $2000) and is not covered by most medical insurance companies. Due to the high costs, many patients, especially from the US, are getting their LASIK surgeries done in countries that provide LASIK surgeries at significantly lower rates such as India, Spain, Thailand, Mexico, and the UAE.”

According to the report, one driver in the market is increasing awareness about LASIK surgery. The awareness about the benefits of LASIK is increasing worldwide. Many companies, organizations, and eye clinics are taking initiatives to increase awareness about the benefits of LASIK procedures in social media and other advertising mediums. LASIK laser eye surgeries are comparatively popular than the alternative forms of laser eye surgeries like laser-assisted subepithelial keratectomy (LASEK). LASIK surgeries have faster recovery time, higher precision, and can correct a wider range of eye prescriptions.

Further, the report states that one challenge in the market is minimal insurance coverage. Like other vision care procedures, eye surgery is an expensive procedure and primarily an out-of pocket expense. As a result, consumers may not opt for corrective eye surgery when they have low discretionary income. An average LASIK surgery costs around $2000, per eye. Most insurance companies such as UnitedHealthcare and Cigna don't provide reimbursements for LASIK eye surgery as it is considered to be an elective or cosmetic surgery. The vast majority of the general population cannot afford LASIK surgeries.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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  • Johnson & Johnson
  • Novartis
  • Valeant Pharmaceuticals International
  • Carl Zeiss
  • Nidek
  • Ziemer Ophthalmic Systems
  • LaserSight Technologies
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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