Global personalized lasik surgery Market
Healthcare Services

Exploring Key Insights of the Personalized LASIK Surgery Market: Growth Prospects, Emerging Trends, and Opportunities

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How Rapidly is the Personalized LASIK Surgery Market Expected to Expand Between 2025 and 2034 Based on Current Trends?

In recent times, the market size for personalized lasik surgery has witnessed a robust growth. The rise is expected from $2.63 billion in 2024 to $2.82 billion in 2025 with a compound annual growth rate (CAGR) of 7.2%. The factors contributing to this growth during the historic period are increased public understanding of Lasik surgery, a higher occurrence of refractive errors, growth in the number of refractive surgery centers, improved safety and results for patients, along with government and regulatory backing.

In the forthcoming years, the market size for personalized lasik surgery is predicted to witness substantial growth, escalating to $3.69 billion in 2029, with a compound annual growth rate (CAGR) of 6.9%. This predicted growth during the forecast period is attributable to factors such as the expansion of the elderly population, an increasing occurrence of vision impairments, amplified awareness and education, a burgeoning healthcare infrastructure, and the increase in medical tourism. The forecast period looks set to see the rise of significant trends such as upgraded LASIK platforms, the embracement of laser-assisted systems, technological advancements, improving patient experiences, and customized treatment alternatives.

What Key Drivers Are Accelerating the Growth of the Personalized LASIK Surgery Market During the Forecast Period?

The escalation in ophthalmic diseases is slated to drive the expansion of the personalized LASIK surgery market. Ophthalmic diseases, which refer to medical conditions impacting the eyes and vision like glaucoma, cataracts, macular degeneration, and diabetic retinopathy, are on the rise. This is due to an aging population, an increase in prevalence of chronic diseases such as diabetes, and lifestyle habits like extended screen time. Together, they lead to a heightened incidence of eye disorders. Personalized LASIK surgery provides customized vision correction solutions to tackle these diseases, enhancing accuracy, efficiency, and patient results for conditions such as myopia and astigmatism. Case in point, in September 2024, Eurostat, a government agency based in Luxembourg, reported that in 2022, cataract surgery, a procedure removing the eye’s natural lens, was conducted 4.73 million times across EU countries. Consequently, the escalating rates of ophthalmic diseases will boost the personalized LASIK surgery market’s development.

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Which Key Players Are Shaping the Future of the Personalized LASIK Surgery Market?

Major companies operating in the personalized LASIK surgery market are Abbott Laboratories, Stryker Corporation, Carl Zeiss AG, Alcon Inc., Bausch Health Companies Inc., Medtronic plc, Santen Pharmaceutical Co. Ltd., Topcon Corporation, Johnson & Johnson Vision Care Inc., STAAR Surgical Company, Optical Express Ltd., The LASIK Vision Institute LLC, LASIK MD Inc., Centre For Sight Limited, Technolas Perfect Vision GmbH, Optegra Eye Health Care Ltd., IntraLase LLC, SCHWIND eye-tech-solutions GmbH, Optimax Clinics Limited, NIDEK Co. Ltd., Shanghai New Eyes Medical Inc., Ziemer Ophthalmic Systems AG, LaserSight Technologies Inc., Presbia PLC

How Are the Latest Trends Influencing the Growth of the Personalized LASIK Surgery Market?

Leading firms in the personalized LASIK surgery market are shifting their focus towards more intelligent LASIK platforms such as laser-assisted systems. The aim is to increase accuracy, improve patient results and simplify surgical operations. These laser-assisted systems are innovative technologies used in eye surgery that utilize lasers to accurately reshape the cornea for vision correction, offering superior precision and customization compared to traditional methods. For example, Bausch + Lomb Corporation, an eye health business based in Canada, gained FDA approval in January 2024 for its TENEO Excimer Laser Platform for LASIK surgery, specifically designed to correct myopia and myopic astigmatism. This platform possesses an advanced eye-tracker that operates at 1740 Hz, which is three times faster than the laser’s repetition speed. Additionally, it incorporates a 500 Hz laser that provides the fastest ablation time of all excimer lasers in the U.S., achieving roughly 1.2 seconds per diopter.

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What Are the Major Segments of the Personalized LASIK Surgery Market and Their Role in Driving Growth?

The personalized lasik surgerymarket covered in this report is segmented –

1) By Type: Topography Guided LASIK, Wavefront Guided LASIK, Wavefront Optimized LASIK

2) By Indications: Myopia, Hypermetropia, Presbyopia, Other Indications

3) By End User: Hospitals, Clinics, Ambulatory Surgical Centers, Other End Users

Subsegments:

1) By Topography Guided LASIK: Corneal Topography Mapping, Customized Treatment Plans

2) By Wavefront Guided LASIK: Aberrometry Analysis, Customized Wavefront Maps

3) By Wavefront Optimized LASIK: Standardized Treatment Protocols, Preserving Natural Aberrations

What Regions Are At the Forefront of Personalized LASIK Surgery Market Expansion?

North America was the largest region in the personalized LASIK surgery market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the personalized LASIK surgery market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

What Are the Core Features That Define the Personalized LASIK Surgery Market?

Personalized LASIK surgery refers to advanced eye surgery tailored to an individual’s unique visual needs, utilizing detailed diagnostic measurements to customize the treatment. This approach enhances precision and effectiveness, aiming to achieve optimal vision correction based on specific eye characteristics.

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