Laser-Assisted In-Situ Keratomileusis Surgery Market by Technology, End-user, and Geography - Forecast and Analysis 2020-2024

Published: Dec 2020 Pages: 120 SKU: IRTNTR45154

The laser-assisted in-situ keratomileusis (LASIK) surgery market value is projected to grow by USD 375.04 million at a CAGR of 4.51%, during 2020-2024.

The LASIK surgery market report extensively covers market segmentations by technology (wavefront-guided, wavefront-optimized, and topography-guided), end-user (hospitals, ophthalmic clinics, and ASCs), and geography (North America, Europe, Asia, and ROW) and potential market drivers that the vendors are capitalizing on to sustain profitable growth. Furthermore, read about the latest key findings on the post COVID-19 impact on the market from this report.

What will the Laser-Assisted In-Situ Keratomileusis (LASIK) Surgery Market Size be in 2020?

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Laser-Assisted In-Situ Keratomileusis (LASIK) Surgery Market: Key Drivers and Trends

According to our research output, there has been a neutral impact on the market growth post COVID-19 era. Key drivers such as the increasing awareness about LASIK surgery are notably supporting the laser-assisted in-situ keratomileusis surgery market growth. On the other hand, factors such as minimal insurance coverage have been identified as market challenges that limit the growth of market vendors. This report offers detailed insights on the challenges to stay prepared for the obstacles in the future, which will help companies analyze and develop growth strategies.

This post-pandemic laser-assisted in-situ keratomileusis surgery market report has assessed the shift in consumer behavior and identified and explored the upcoming trends, drivers, and challenges that will have a far-reaching effect on the market growth. Understanding market trends is essential for identifying new business opportunities across segmentations and geographies.

Who are the Major Laser-Assisted In-Situ Keratomileusis (LASIK) Surgery Market Vendors?

The laser-assisted in-situ keratomileusis surgery market forecast report provides insights on complete key vendor profiles and their business strategies to reimage themselves. The leading companies included in the report are as follows:

 

  • Bausch Health Companies Inc.
  • Carl Zeiss AG
  • Johnson & Johnson
  • LaserSight Technologies Inc.
  • NIDEK Co. Ltd.
  • Novartis AG
  • SCHWIND eye-tech-solutions GmbH
  • Ziemer Ophthalmic Systems AG

 

From our Porter’s five forces analysis study get detailed insights on the functional involvement of the buyers and suppliers to form well-rounded knowledge about the supply chain and create cost reduction plans. The LASIK surgery market analysis report also contains exhaustive observation on the organic and inorganic growth strategies deployed by the vendors. Click here to uncover details of successful business strategies adopted by the vendors.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the laser-assisted in-situ keratomileusis surgery market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Which are the Key Regions for Laser-Assisted In-Situ Keratomileusis (LASIK) Surgery Market?

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37% of the market’s growth will originate from North America during the forecast period. The US is a key market for laser-assisted in-situ keratomileusis surgery in North America.

The report offers an up-to-date analysis of the geographical composition of the market. North America has been recording significant growth rate and is expected to offer several growth opportunities to market vendors during the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating Technology Segments in the Laser-Assisted In-Situ Keratomileusis (LASIK) Surgery Market?

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The LASIK surgery market report provides comprehensive understanding of the subsets of our target market to earmark niche customer groups and simplify demographic requirements. In addition, the report provides insights on the impact of the unprecedented outbreak of COVID-19 on market segments. Through these insights, you can safely deduce transformation patterns in consumer behavior, which is crucial to gauge segment-wise revenue growth during 2020-2024 and embrace technologies to improve business efficiency. The LASIK surgery market share growth by the wavefront-guided segment has been significant and is expected to provide significant growth opportunities to market vendors.

This report provides an accurate prediction of the contribution of all the segments to the growth of the laser-assisted in-situ keratomileusis surgery market size. Request for a free sample of the report to get an exclusive glimpse of actionable market insights on post COVID-19 impact on each segment.

 

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What are the Key Factors Covered in this Laser-Assisted In-Situ Keratomileusis (LASIK) Surgery Market Report?

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will drive laser-assisted in-situ keratomileusis surgery market growth during the next five years
  • Precise estimation of the LASIK surgery market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the laser-assisted in-situ keratomileusis surgery market across North America, Europe, Asia, and ROW 
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of LASIK surgery market vendors

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Laser-Assisted In-Situ Keratomileusis (LASIK) Surgery Market Scope

Report Coverage

Details

Page number

120

Base year

2019

Forecast period

2020-2024

Growth momentum & CAGR

Accelerate at a CAGR of 5%

Market growth 2020-2024

$ 375.04 million

Market structure

Concentrated

YoY growth (%)

3.61

Regional analysis

North America, Europe, Asia, and ROW

Performing market contribution

North America at 37%

Key consumer countries

US, China, Germany, Japan, and France

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Bausch Health Companies Inc., Carl Zeiss AG, Johnson & Johnson, LaserSight Technologies Inc., NIDEK Co. Ltd., Novartis AG, SCHWIND eye-tech-solutions GmbH, and Ziemer Ophthalmic Systems AG

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2019
    • Market outlook: Forecast for 2019 - 2024

    Five Forces Analysis

    • Five forces analysis
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Technology

    • Market segments
    • Comparison by Technology
    • Wavefront-guided LASIK surgery - Market size and forecast 2019-2024
    • Wavefront-optimized LASIK surgery - Market size and forecast 2019-2024
    • Topography-guided LASIK surgery - Market size and forecast 2019-2024
    • Market opportunity by Technology

    Market Segmentation by End-user

    • Market segments
    • Comparison by End-user
    • Hospitals - Market size and forecast 2019-2024
    • Ophthalmic clinics - Market size and forecast 2019-2024
    • ASCs - Market size and forecast 2019-2024
    • Market opportunity by End-user

    Customer Landscape

      Geographic Landscape

      • Geographic segmentation
      • Geographic comparison
      • North America - Market size and forecast 2019-2024
      • Europe - Market size and forecast 2019-2024
      • Asia - Market size and forecast 2019-2024
      • ROW - Market size and forecast 2019-2024
      • Key leading countries
      • Market opportunity by geography
      • Market drivers
      • Market challenges
      • Market trends

      Vendor Landscape

      • Competitive scenario
      • Vendor landscape
      • Landscape disruption

      Vendor Analysis

      • Vendors covered
      • Market positioning of vendors
      • Bausch Health Companies Inc.
      • Carl Zeiss AG
      • Johnson & Johnson
      • LaserSight Technologies Inc.
      • NIDEK Co. Ltd.
      • Novartis AG
      • SCHWIND eye-tech-solutions GmbH
      • Ziemer Ophthalmic Systems AG

      Appendix

      • Scope of the report
      • Currency conversion rates for US$
      • Research methodology
      • List of abbreviations

      Research Framework

      Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

      INFORMATION SOURCES

      Primary sources

      • Manufacturers and suppliers
      • Channel partners
      • Industry experts
      • Strategic decision makers

      Secondary sources

      • Industry journals and periodicals
      • Government data
      • Financial reports of key industry players
      • Historical data
      • Press releases

      DATA ANALYSIS

      Data Synthesis

      • Collation of data
      • Estimation of key figures
      • Analysis of derived insights

      Data Validation

      • Triangulation with data models
      • Reference against proprietary databases
      • Corroboration with industry experts

      REPORT WRITING

      Qualitative

      • Market drivers
      • Market challenges
      • Market trends
      • Five forces analysis

      Quantitative

      • Market size and forecast
      • Market segmentation
      • Geographical insights
      • Competitive landscape

      PURCHASE FULL REPORT OF

      laser-assisted in-situ keratomileusis (lasik) surgery market

      Key Questions Answered

      • What are the key global market and the regional market share?
      • What are the revenue-generating key market segments?
      • What are the key factors driving and challenging this market’s growth?
      • Who are the key market vendors and their growth strategies?
      • What are the latest trends influencing the growth of this market?
      • What are the variables influencing the market growth in the primary regions?
      • What are the factors influencing the growth of the parent market?

      Why should you prefer Technavio's market insights report?

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      • Information about the market's key drivers, trends, and challenges
      • Parent market analysis
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      • Detailed vendors report with competitive landscape
      • Covid-19 impact and recovery analysis
      • Data on revenue-generating market segments
      • Details on the market shares of various regions
      • Five-force market analysis