Excimer Laser for Corneal Refractive Surgery Market was valued at USD 2.5 Billion in 2022 and is projected to reach USD 4.2 Billion by 2030, growing at a CAGR of 7.0% from 2024 to 2030.
The market's landscape during this period was influenced by the introduction of cutting-edge excimer laser systems that provided better customization, reduced risks, and faster recovery times for patients. The technology also became more affordable, leading to wider access across different demographics and geographies. Moreover, increasing healthcare spending and the adoption of minimally invasive procedures in emerging economies played a role in boosting the market demand. Key players in the market, including Alcon, Johnson & Johnson Vision, and Carl Zeiss, played a significant role in advancing excimer laser technology, thus increasing patient access and overall demand.
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The Excimer Laser for Corneal Refractive Surgery Market has experienced significant growth from 2018 to 2022, driven by advancements in laser technologies and the increasing demand for vision correction procedures. This period saw the widespread adoption of excimer laser systems, which offer precision in reshaping the cornea to improve visual acuity. The market expanded due to the rising number of refractive surgeries like LASIK (Laser-Assisted in Situ Keratomileusis) and PRK (Photorefractive Keratectomy), which are performed to correct myopia, hyperopia, and astigmatism. Moreover, the growing awareness regarding eye health and the increasing prevalence of vision problems contributed to a boost in the demand for these procedures globally.
Alcon (WaveLight)
Johnson & Johnson Vision
Schwind
Zeiss
Bausch Health Companies (Technolas Perfect Vision)
NIDEK
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Excimer Laser for Corneal Refractive Surgery Market
Hospitals and Ophthalmology Center
Ophthalmology Clinic
Based on Types the Market is categorized into Below types that held the largest Excimer Laser for Corneal Refractive Surgery market share In 2023.
3-Dimensional Eye Tracking System
4-Dimensional Eye Tracking System
6-Dimensional Eye Tracking System
7-Dimensional Eye Tracking System
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Excimer Laser for Corneal Refractive Surgery Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Excimer Laser for Corneal Refractive Surgery Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Excimer Laser for Corneal Refractive Surgery Market, By Type
6. Global Excimer Laser for Corneal Refractive Surgery Market, By Application
7. Global Excimer Laser for Corneal Refractive Surgery Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Excimer Laser for Corneal Refractive Surgery Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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