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LASIK Eye Surgery Devices Market Size
- Report ID: GMI4480
- Published Date: Sep 2022
- Report Format: PDF
LASIK Eye Surgery Devices Market Size
LASIK Eye Surgery Devices Market size was valued at over USD 1.6 billion in 2021 and is expected to grow at a CAGR of over 5% from 2022 to 2030. Increasing prevalence of ocular conditions will propel the market expansion.
The burden of ophthalmic disorders has increased in both developing and developed economies. Based on data from the National Eye Institute, common vision problems impact over 11 million Americans. This rising incidence of eye disorders will contribute to the popularity of LASIK eye surgery. By 2050, over 50% of the world’s population will suffer from myopia, as per estimates from the International Myopia Institute. This is expected to augment the demand for corrective eye surgery worldwide.
A major factor leading to the high incidence of ocular and ophthalmic conditions, including cataracts and refractive errors, is aging. Moreover, a surge in screen time has also raised the prevalence of refractive vision defects, especially among adults and youngsters. As a result, the acceptance of the LASIK procedure will rise, since laser surgery can reduce the symptoms associated with age-related macular degeneration and other eye diseases.
| Report Attribute | Details |
|---|---|
| Base Year: | 2021 |
| LASIK Eye Surgery Devices Market Size in 2021: | USD 1.6 billion |
| Forecast Period: | 2022 to 2030 |
| Forecast Period 2022 to 2030 CAGR: | 5% |
| 2030 Value Projection: | USD 2 billion |
| Historical Data for: | 2017 to 2021 |
| No. of Pages: | 100 |
| Tables, Charts & Figures: | 125 |
| Segments covered: | Product, End-use, and Region |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Frequently Asked Questions (FAQ) :
LASIK Eye Surgery Devices Market Scope
