Global Custom LASIK Surgery Market, By Procedure (Wavefront Guided, Wavefront Optimized, Topography), Therapeutic Applications (Myopia, Hyperopia, Astigmatism, Others), and Geography - Trends, Analysis and Forecast till 2024 [DATE] [COMPANY NAME] [Company address] DENTAL EQUIPMENT MARKET VALUE TO SURPASS US$ 10.0 BILLION BY 2024 Report Description Custom LASIK Surgery – Alternative to Eyewear LASIK surgery is a highly effective method to correct vision and is especially useful in treatment of various refractive disorders such as myopia, hyperopia, and astigmatism. In the U.S. alone, over 34 million patients are suffering from myopia according to the American Academy of Ophthalmology 2016 estimates. Moreover, around 150 million people in the U.S. wear corrective eyeglasses. Custom LASIK surgery market revenue is expected to witness upward trajectory growth, owing to increase in demand for effective therapeutic treatment for disorders related to the eyes. Introduction of technologically advanced products and long-term partnership of leading players with regional hospitals are key trends observed in the custom LASIK surgery market. There are over 1,050 LASIK centers catering to around 650,000 patients annually in the U.S. Companies such as Abbott Medical Optics and Alcon offer wavefront guided LASIK products. Government institutes in developed regions are supporting custom LASIK surgery procedure. As a result of this, several programs such as BlueCross Blue Shield QualSight program have been launched to offer support to product development and subsidies on the LASIK surgery. Get Free Sample Report @ https://www.coherentmarketinsights.com/insight/request-sample/86 The global custom LASIK surgery market size was valued at US$ 1,537.6 million in 2016 and is expected to expand at a CAGR of 9.7% during 2016 – 2024. Figure 1. Global Custom LASIK Surgery Market Size and Forecast, US$ Million and Y-o-Y Growth (%) Source: Coherent Market Insights Analysis (2016) Wavefront guided has emerged as the highest revenue contributor among procedure segments Wavefront guided procedure segment is expected to dominate the custom LASIK surgery market procedure throughout the forecast period. The segment has been estimated to account for 45.8% share of the global custom LASIK surgery market revenue in 2016. This procedure involves detailed wavefront generated measurements of light traversing through the eyes. The procedure helps in offering personalized treatment to patients based on the unique anatomy of the patient’s eye. It is highly precise and more specific compared to conventional LASIK surgery. WaveScan System CustomVue LASIK (Abbott Medical Optics), Technolas 217z Zyoptix System for Personalized Vision Correction (Bausch + Lomb) and iDesign Advanced CustomVue LASIK System (Abbott Medical Optics) are some of the FDA-approved wavefront guided custom LASIK systems. WaveLight Allegretto Wave Eye-Q Excimer Laser System (Alcon) is a FDA approved wavefront-optimized LASIK systems. Topography-guided LASIK systems have gained significant traction in the last few years. Contoura Vision with the WaveLight Allegretto Wave Eye-Q Excimer Laser System is one such example of FDA approved topography-guided LASIK system. Get Free Request Customization @ https://www.coherentmarketinsights.com/insight/requestcustomization/86 Rapid increase in demand for custom LASIK surgery procedure in the emerging economies to boost market growth North America, followed by Europe accounted for major share of global custom LASIK surgery market revenue in 2016. These two regions are together estimated to account for 65.1% of overall market revenue. However, the market for LASIK surgery procedure in Asia Pacific is projected to surpass that in in Europe by 2019. The primary factor for market growth in Asia Pacific is increased installations of LASIK systems in eye-care facilities in Japan. Japan is projected to account for 51% share of the custom Asia Pacific LASIK surgery market in 2017. Increasing patient awareness, high disposable income and improvement in the healthcare infrastructure has resulted in rise in number of LASIK surgeries and in turn, is resulting in growth of the custom LASIK surgery market in the country. Multinational players need to tap into potential addressable market in emerging economies Product portfolio expansion and partnerships with local players are key custom LASIK surgery market trends, which are expected to shape the industry in the near future. Moreover, companies are focusing on receiving regulatory approval for their products to differentiate their product offerings. For instance, Abbott received FDA approval for iDesign Advanced WaveScan Studio in 2015. Major players in the global custom LASIK surgery market include Alcon Laboratories, Inc., Bausch & Lomb, Carl Zeiss, Inc., Abbott Medical Optics, Nidek, Inc., and Technolas Perfect Vision GmbH. About Us COMPANY OVERVIEW Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients achieve transformational growth by helping them make critical business decisions. We are headquartered in India, having office at global financial capital in the U.S. Our client base includes players from across all business verticals in over 150 countries worldwide. We are uniquely positioned to help businesses around the globe deliver practical and lasting results through various recommendations about operational improvements, technologies, emerging market trends and new working methods. We offer both customized and syndicated market research reports that help our clients create visionary growth plans to provide traction to their business. We meticulously study emerging trends across various industries at both the global and regional levels to identify new opportunities for our clientele. Our global team of over 100 research analysts and freelance consultants provide market intelligence from the very molecular country level and also provide a global perspective of the market. Our team is of the most vital cog in our robust machinery that gives us the ability to deliver independent insight relying on our cognitive defusion training module.This allows for an objective and unbiased assessment of the market. We pride ourselves in my constantly striving to update our extremely in-depth understanding of the market by closely monitoring and analyzing markets, trends, and emerging best practices, across allfathomable industries under the sun. This enables us to equip our valued clientele with key decisive inputs to capitalize on lucrative growth opportunities in the market and to follow firmly position themselves on a high growth path in the future. Contact Us CONTACT US CORPORATE OFFICE: Coherent Market Insights 1001 4th Ave, #3200 Seattle, WA 98154 Tel: +1-206-701-6702 Email: [email protected] Website: https://www.coherentmarketinsights.com/ Visit Blog: http://globalresearchtrends.blogspot.in/
Introduction of technologically advanced products and long-term partnership of leading players with regional hospitals are key trends observed in the custom LASIK surgery market. There are over 1,050 LASIK centers catering to around 650,000 patients annually in the U.S. Companies such as Abbott Medical Optics and Alcon offer wavefront guided LASIK products. Government institutes in developed regions are supporting custom LASIK surgery procedure. As a result of this, several programs such as BlueCross Blue Shield QualSight program have been launched to offer support to product development and subsidies on the LASIK surgery.
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