Home > Healthcare > Medical Devices > Surgical Devices > LASIK Eye Surgery Devices Market
LASIK Eye Surgery Devices Market size was valued at USD 1.8 billion in 2023 and is expected to exhibit growth at a CAGR of 5.5% from 2024 to 2032. The increasing prevalence of ophthalmic disorders and increasing demand for minimally invasive surgical procedures are significantly driving the market growth.
The increasing prevalence of ophthalmic disorders, such as myopia, hyperopia, and astigmatism, is significantly driving the growth of the market globally. Factors contributing to this rise include aging populations, increased screen time, and lifestyle changes leading to higher rates of vision impairment. According to the World Health Organization, over 2.2 billion people worldwide suffer from vision impairment or blindness, with at least 1 billion cases being preventable or treatable. This growing demand for corrective procedures, coupled with advancements in LASIK technology, is propelling the market's expansion as more patients seek effective, long-term solutions.
Report Attribute | Details |
---|---|
Base Year: | 2023 |
LASIK Eye Surgery Devices Market Size in 2023: | USD 1.8 Billion |
Forecast Period: | 2024 – 2032 |
Forecast Period 2024 – 2032 CAGR: | 5.5% |
2024 – 2032 Value Projection: | USD 2.9 Billion |
Historical Data for: | 2021-2023 |
No. of Pages: | 100 |
Tables, Charts & Figures: | 120 |
Segments covered: | Product, Application, End-use, and Region |
Growth Drivers: |
|
Pitfalls & Challenges: |
|
Additionally, patients and healthcare providers alike favor LASIK due to its minimal recovery time, reduced risk of complications, and precise outcomes compared to traditional surgical methods. This preference for less invasive, more efficient solutions continues to boost the adoption of LASIK technologies and expand the market.
LASIK eye surgery devices refer to the specialized medical instruments and equipment used during LASIK (Laser-Assisted In Situ Keratomileusis) eye surgery, a popular refractive procedure designed to correct vision problems such as myopia, hyperopia, and astigmatism. These devices typically include excimer lasers, which reshape the cornea by removing microscopic layers of tissue and femtosecond lasers, which create the corneal flap with high precision.