LASIK Eye Surgery Market Research Report- Global Forecast till 2022

LASIK Eye Surgery Market Research Report- Global Forecast till 2022

ID: MRFR/HC/1242-HCRR | February, 2018 | Region: Global | 85 pages | Half-Cooked Research Reports

LASIK Eye Surgery Information: By Type (Wavefront Optimized, Wavefront-Guided, Topography Guided, All Laser), By Vision Error (Myopia, Hyperopia, Astigmatism, Others), By End Users (Hospitals, Eye Care Clinic, LASIK Centers, Others) -Forecast till 2022 


Market Scenario


Globally the market for LASIK eye surgery is increasing rapidly. Laser-Assisted In Situ Keratomileusis (LASIK) is the most common type of refractive surgery to treat vision problem such as myopia, hyperopia, and astigmatism. The occurrence of vision problem around the globe are increasing rapidly at an alarming rate. According to a report published by the World Health Organization (WHO), in 2015, around 285 million people in the world have vision impairment and report indicate that myopia affects 1.89 billion people worldwide, and, if the prevalence of occurring myopia does not change, it will affect 2.56 billion people by 2020. The factors that affect the vision are intensive near work, changes in environmental factors especially nowadays most of us have lifestyle where we do focus more into study and spent less time outdoors. It is observed that by doing so we run the risk of suffering from vision problem.


Moreover, companies are investing more in research and development for introducing better treatment for vision problem. For instance, in 2015, Alcon Laboratories Inc. launched next generation hydrogen peroxide lens care solution, AOSEPT PLUS with HydraGlyde Solution (CLEAR CARE PLUS in North America). Additionally in 2016, Alcon Laboratories Inc. introduced The NGENUITY 3D Visualization System to aid in retinal surgery visualization. Also, company investing more into mergers and acquisition for entering the new market, for instance, in 2016, Johnson & Johnson acquired Abbott’s vision care business unit (AMO).


Moreover, government support and research and development are adding fuel to the growth of the market. Furthermore, high rate of treatment may hinder the growth of market during forecast period.


The global LASIK Eye Surgerys market is expected to grow at a CAGR of 6.5% during the forecast period 2017-2022. 


Intended Audience



  • LASIK surgery equipment manufacturers & Suppliers

  • LASIK post-operative products manufacturers & Suppliers

  • Contract Research Organizations (CROs)

  • Research and Development (R&D) Companies

  • Government Research Laboratories

  • Independent Research Laboratories

  • Government and Independent Regulatory Authorities

  • Market Research and Consulting Service Providers

  • Academic Institutes and Universities


Figure: Global LASIK Eye Surgery Market, by vision error Share, 2016 (%)

Global LASIK eye surgery Market


Sources: Annual reports, Press release, White paper, Company presentation


Segmentations


The global LASIK Eye Surgery market is segmented on the basis of types, vision error and end user.


On the basis of the type, it is segmented into the wavefront optimized, wavefront-guided, topography guided, all laser.  


On the basis of the vision error, it is segmented into myopia, hyperopia, astigmatism, and others. Furthermore, myopia is sub-segmented as simple, induced or acquired, pseudomyopia, nocturnal, degenerative, and others. Hyperopia is also sub-segmented into physiologic hyperopia, pathologic hyperopia, and others. Astigmatism is sub-segmented into myopic astigmatism, hyperopic astigmatism, mixed astigmatism, and others.


On the basis of the end user, it is segmented into hospitals, eye care clinic, LASIK centers, and others.


Regional Analysis


The Americas dominate the global LASIK Eye Surgery market owing to well-developed technology, increasing population affected with vision problem, high healthcare spending, and increasing government support for research & development. Furthermore, increased R&D activities and the concentration of major companies in this region have fuelled the growth of the market. Major players in this market have their focus to capture a huge share of the emerging markets such as India and China.


Europe holds the second position in the global LASIK Eye Surgery market owing to the government support for research & development and availability of funds for research. This is expected to continuously drive the European market over the forecasted period. For instance, countries like Germany and France are increasing their investments in the healthcare domain.


Asia Pacific is the fastest growing LASIK Eye Surgery market owing to the presence of rapidly developing healthcare technology, huge patient population, and high healthcare expenditure. Moreover, increasing demand for new treatment methods in countries like India and China is likely to emerge as the fastest growing market across the globe.


On the other hand, in the Middle East and Africa, hold the least share of global market owing to limited ignorance of diseases, and poor access to treatment.


Key Players


Some of key the players in the market are Abbott Inc. (U.S.), Alcon Laboratories Inc. (U.S.), AMO Manufacturing USA, LLC (U.S.), Bausch & Lomb Incorporated (U.S.), Carl Zeiss, Inc. (Germany), LaserSight Technologies, Inc (U.S.), Nidek Inc. (Japan) 


Research Methodology


LASIK eye surgery Market -


Sources: Annual reports, Press release, White paper, and Company presentation


 

Table of Content    

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    

3.    Research Methodology

      3.1    Introduction

      3.2    Primary Research    

      3.3    Secondary research    

      3.4    Market Size Estimation

4.    Market Dynamics

      4.1    Drivers    

      4.2    Restrains

      4.3    Opportunities    

      4.4    Challenges

      4.5    Macroeconomic Indicators

      4.6    Technology Trends & Assessment            

5.    Market Factor Analysis

      5.1    Porter’s Five Forces Analysis

            5.1.1    Bargaining Power of Suppliers    

            5.1.2    Bargaining Power of Buyers

            5.1.3    Threat of New Entrants    

            5.1.4    Threat of Substitutes    

            5.1.5    Intensity of Rivalry    

      5.2    Value Chain Analysis

      5.3    Investment Feasibility Analysis    

      5.4    Pricing Analysis

6.    Global LASIK Eye Surgery Market, by Type

     6.1    Introduction

      6.2    Wavefront Optimized

            6.2.1    Market Estimates & Forecast, 2017-2023

      6.3    Wavefront-Guided

            6.3.1    Market Estimates & Forecast, 2017-2023

      6.4    Topography Guided

            6.4.1    Market Estimates & Forecast, 2017-2023

      6.5    All Laser

            6.5.1    Market Estimates & Forecast, 2017-2023

7.    Global LASIK Eye Surgery Market, by Vision Error

     7.1    Introduction

      7.2    Myopia

            7.2.1    Market Estimates & Forecast, 2017-2023

      7.3    Hyperopia

            7.3.1    Market Estimates & Forecast, 2017-2023

      7.4    Astigmatism

            7.4.1    Market Estimates & Forecast, 2017-2023

    7.5    Others

            7.5.1    Market Estimates & Forecast, 2017-2023

8.    Global LASIK Eye Surgery Market, by End User

      8.1    Introduction

      8.2    Hospital

            8.2.1    Market Estimates & Forecast, 2017-2023

      8.3    Eye Care Clinic    

            8.3.1    Market Estimates & Forecast, 2017-2023

      8.4    LASIK Centers

            8.4.1    Market Estimates & Forecast, 2017-2023

      8.5    Others

            8.5.1    Market Estimates & Forecast, 2017-2023

9.    Global LASIK Eye Surgery Market, by Region

      9.1    Introduction

      9.2    Americas

            9.2.1    North America

                9.2.1.1    U.S.

                9.2.1.2    Canada

            9.2.2    South America

      9.3    Europe

            9.3.1    Western Europe

                9.3.1.1    Germany

                9.3.1.2    France

                9.3.1.3    U.K

                9.3.1.4    Italy

                9.3.1.5    Spain

                9.3.1.6    Rest of Western Europe

            9.3.2    Eastern Europe

      9.4    Asia Pacific

            9.4.1    Japan

            9.4.2    China

            9.4.3    India

            9.4.4    Australia

            9.4.5    Republic of Korea

            9.4.6    Rest of Asia Pacific

      9.5    The Middle East & Africa

            9.5.1    United Arab Emirates

            9.5.2     Saudi Arabia

            9.5.3    Oman

            9.5.4    Kuwait

            9.5.5    Qatar

            9.5.6    Rest of the Middle East & Africa

10    Company Landscape    

      10.1    Introduction    

      10.2    Market Share Analysis    

      10.3    Key Development & Strategies    

            10.3.1    Key Developments    

11    Company Profiles    

      11.1    Abbott Inc.

            11.1.1    Company Overview    

            11.1.2    Product Overview    

            11.1.3    Financials    

            11.1.4    SWOT Analysis    

      11.2    Alcon Laboratories Inc.       

            11.2.1    Company Overview    

            11.2.2    Product Overview    

            11.2.3    Financial Overview    

            11.2.4    Key Developments    

            11.2.5    SWOT Analysis    

      11.3    AMO Manufacturing USA, LLC

            11.3.1    Company Overview    

            11.3.2    Product Overview    

            11.3.3    Financial Overview

            11.3.4    Key Development    

            11.3.5    SWOT Analysis    

      11.4    Bausch & Lomb Incorporated

            11.4.1    Company Overview    

            11.4.2    Product Overview

            11.4.3    Financial Overview    

            11.4.4    Key Development    

            11.4.5    SWOT Analysis    

      11.5    Carl Zeiss, Inc.

            11.5.1    Company Overview    

            11.5.2    Product Overview    

            11.5.3    Financial overview    

            11.5.4    Key Developments    

      11.6    LaserSight Technologies, Inc

            11.6.1    Company Overview    

            11.6.2    Product Overview    

            11.6.3    Financial Overview    

            11.6.4    Key Developments    

      11.7    Nidek Inc.

            11.7.1    Overview    

            11.7.2    Product Overview    

            11.7.3    Financials    

            11.7.4    Key Developments    

            11.7.5    SWOT Analysis

      11.8    Others

12    MRFR Conclusion    

      12.1    Key Findings    

            12.1.1    From CEO’s View Point    

            12.1.2    Unmet Needs of the Market    

      12.2    Key Companies to Watch    

      12.3    Prediction of Pharmaceutical Industry

13    Appendix





LIST OF TABLES

Table 1        LASIK Eye Surgery Industry Synopsis, 2017-2023

Table 2        Global LASIK Eye Surgery Market Estimates and Forecast, 2017-2023, (USD Million)

Table 3        Global LASIK Eye Surgery Market by Region, 2017-2023, (USD Million)

Table 4        Global LASIK Eye Surgery Market by Type, 2017-2023, (USD Million)

Table 5        Global LASIK Eye Surgery Market by Vision Error, 2017-2023, (USD Million)

Table 6        Global LASIK Eye Surgery Market by End Users, 2017-2023, (USD Million)

Table 7        North America LASIK Eye Surgery Market by Type, 2017-2023, (USD Million)

Table 8     North America LASIK Eye Surgery Market by Vision Error, 2017-2023, (USD Million)

Table 9     North America LASIK Eye Surgery Market by End Users, 2017-2023, (USD Million)

Table 10    US LASIK Eye Surgery Market by Type, 2017-2023, (USD Million)

Table 11    US LASIK Eye Surgery Market by Vision Error, 2017-2023, (USD Million)

Table 12    US LASIK Eye Surgery Market by End Users, 2017-2023, (USD Million)

Table 13    Canada LASIK Eye Surgery Market by Type, 2017-2023, (USD Million)

Table 14    Canada LASIK Eye Surgery Market by Vision Error, 2017-2023, (USD Million)

Table 15    Canada LASIK Eye Surgery Market by End Users, 2017-2023, (USD Million)

Table 16    South America LASIK Eye Surgery Market by Type, 2017-2023, (USD Million)

Table 17    South America LASIK Eye Surgery Market by Vision Error, 2017-2023, (USD Million)

Table 18    South America LASIK Eye Surgery Market by End Users, 2017-2023, (USD Million)

Table 19    Europe LASIK Eye Surgery Market by Type, 2017-2023, (USD Million)

Table 20    Europe LASIK Eye Surgery Market by Vision Error, 2017-2023, (USD Million)

Table 21    Europe LASIK Eye Surgery Market by End Users, 2017-2023, (USD Million)

Table 22    Western Europe LASIK Eye Surgery Market by Type, 2017-2023, (USD Million)

Table 23    Western Europe LASIK Eye Surgery Market by Vision Error, 2017-2023, (USD Million)

Table 24    Western Europe LASIK Eye Surgery Market by End Users, 2017-2023, (USD Million)

Table 25    Eastern Europe LASIK Eye Surgery Market by Type, 2017-2023, (USD Million)

Table 26    Eastern Europe LASIK Eye Surgery Market by Vision Error, 2017-2023, (USD Million)

Table 27    Eastern Europe LASIK Eye Surgery Market by End Users, 2017-2023, (USD Million)

Table 28    Asia Pacific LASIK Eye Surgery Market by Type, 2017-2023, (USD Million)

Table 29    Asia Pacific LASIK Eye Surgery Market by Vision Error, 2017-2023, (USD Million)

Table 30    Asia Pacific LASIK Eye Surgery Market by End Users, 2017-2023, (USD Million)

Table 31    Middle East & Africa LASIK Eye Surgery Market by Type, 2017-2023, (USD Million)

Table 32    Middle East & Africa LASIK Eye Surgery Market by Vision Error, 2017-2023, (USD Million)

Table 33    Middle East & Africa LASIK Eye Surgery Market by End Users, 2017-2023, (USD Million)



LIST OF FIGURES

Figure 1    Research Process

Figure 2    Segmentation for Global LASIK Eye Surgery Market

Figure 3    Segmentation Market Dynamics for LASIK Eye Surgery Market

Figure 4    Global LASIK Eye Surgery Market Share, by Type 2016

Figure 5    Global LASIK Eye Surgery Market Share, by Vision Error 2016

Figure 6    Global LASIK Eye Surgery Market Share, by End Users, 2016

Figure 7    Global LASIK Eye Surgery Market Share, by Region, 2016

Figure 8    America LASIK Eye Surgery Market Share, by Country, 2016

Figure 9    Europe LASIK Eye Surgery Market Share, by Country, 2016

Figure 10    Asia Pacific LASIK Eye Surgery Market Share, by Country, 2016

Figure 11    Middle East & Africa LASIK Eye Surgery Market Share, by Country, 2016

Figure 12    Global LASIK Eye Surgery Market: Company Share Analysis, 2016 (%)

Figure 13    Abbott Inc: Key Financials

Figure 14    Abbott Inc: Segmental Revenue

Figure 15    Abbott Inc: Geographical Revenue

Figure 16    Alcon Laboratories Inc.: Key Financials

Figure 17    Alcon Laboratories Inc.: Segmental Revenue

Figure 18    Alcon Laboratories Inc.: Geographical Revenue

Figure 19    AMO Manufacturing USA, LLC: Key Financials

Figure 20    AMO Manufacturing USA, LLC: Segmental Revenue

Figure 21    AMO Manufacturing USA, LLC: Geographical Revenue

Figure 22    Bausch & Lomb Incorporated: Key Financials

Figure 23    Bausch & Lomb Incorporated: Segmental Revenue

Figure 24    Bausch & Lomb Incorporated: Geographical Revenue

Figure 25    Carl Zeiss, Inc.: Key Financials

Figure 26    Carl Zeiss, Inc.: Segmental Revenue

Figure 27    Carl Zeiss, Inc.: Geographical Revenue

Figure 28    LaserSight Technologies, Inc: Key Financials

Figure 29    LaserSight Technologies, Inc: Segmental Revenue

Figure 30    LaserSight Technologies, Inc: Geographical Revenue

Figure 31    Nidek Inc: Key Financials

Figure 32    Nidek Inc: Segmental Revenue

Figure 33    Nidek Inc: Geographical Revenue