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Global LASIK eye surgery Market Insight
2022-01-04 Comments

The LASIK Eye Surgery is forecast to crazy increase over the next four years. According to the World Knowledge Information (WKI) “Global LASIK eye surgery Professional Survey Report 2021, Forecast to 2026”, With the advancement of LASIK eye surgery technology, consumers’ awareness of the efficacy and safety of LASIK eye surgery continues to increase and the number of patients continues to increase,the market development of LASIK eye surgery is in a good form. The compound annual growth rate (CAGR) for the 2021-2026 period is projected to be 9.3% base on WKI regression analysis model.

Analysts’ Viewpoint:
“The high cost of surgery has discouraged some consumers.” said Mia, Senior analyst, Service Market Research Center in WKI.” Consumer concerns about the sequelae, success rate and future recurrence rate of LASIK eye surgery may hinder the development of the market. And Market participants must strictly control the technology, because the damage to the eyes caused by surgical errors will be irreversible.”

Market insight:
The long-term use of electronic products and the excessive use of eyes, as well as the increase of the aging population, have increased the number of people suffering from eye diseases. According to the American Academy of Ophthalmology, about 35% of Americans wear glasses due to eye diseases. In addition, according to estimates by the World Health Organization (WHO) in 2015, approximately 285 million people worldwide suffer from visual impairment. The report also mentioned that myopia has affected 1.89 billion people worldwide. The huge number of patients will promote the development of the market. In addition, glasses may affect the appearance of people, and contact lenses may cause discomfort and eye damage. For aesthetics and convenience, more and more consumers choose durable and convenient vision correction surgery.

Competition Landscape:
This WKI market report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading LASIK eye surgery companies that include TLC Laser Eye Centers, LASIK VisionInstitute, NVISION Eye Center, Lasik Plus and others.

Segmentation of LASIK Eye Surgery Market:
Due to the large number of patients, LASIK eye surgery for myopia accounts for the largest proportion of all operations. According to the type of surgery, the market is segmented into wavefront optimized LASIK, wavefront guided LASIK and terrain guided LASIK. LASIK, led by Wavefront, occupied the main market. Wavefront-based surgery involves measuring the patient’s cornea based on how light travels in the eye and how the light is incident on the retina. The LASIK treatment through this process can be customized according to the patient’s eye anatomy. It is the method with the least probability of side effects. Because women have higher requirements for appearance and are more likely to be attracted by advertisements, women are more willing to choose LASIK eye surgery to restore their vision.

LASIK Eye Surgery Market: Regional Analysis
In terms of geography, the global LASIK eye surgery market has been segmented into: North America, Asia Pacific, Europe, South America, and the Middle East and Africa. Due to advanced technology, medical care expenditures have increased and government support for research and development has continued to increase. North America has a major share in the global market for Lasik eye surgery. In North America, the United States has the largest market share. Due to government support for research and development and the availability of research funds, Europe ranks second in the global LASIK eye surgery market. The Asia-Pacific region is expected to have the highest compound annual growth rate during the forecast period. This is attributed to the rapid development of medical technology, a large patient population and high healthcare expenditure. In addition, countries such as India and China have a growing demand for new treatments, which may become the fastest growing market in the world.

Cagr:9.3%
Largest share area:North America
Largest share country:the Unite States