LASIK Laser System Market Scope
LASIK or Lasik (laser-assisted in situ keratomileusis), commonly referred to as laser eye surgery or laser vision correction, is a type of refractive surgery for the correction of myopia, hyperopia, and astigmatism.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global LASIK Laser System market throughout the predicted period.
Johnson & Johnson (AMO) (United States), Nidek, Inc. (United States), Alcon Laboratories, Inc. (Switzerland), Carl Zeiss, Inc. (United States), VISX, Inc. (United States), Wavelight AG (Germany) and Bausch & Lomb Surgical, Inc. (France) are some of the key players that are part of study coverage.
Segmentation Overview
The study have segmented the market of Global LASIK Laser System market by Type (Spot-scanning Lasers, Slit-scanning Lasers and Wavefront-guided Lasers), by Application (Hospital, Clinic and Other) and Region with country level break-up.
On the basis of geography, the market of LASIK Laser System has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Asia Pacific region held largest market share in the year 2023.
Influencing Trend:
Preference for laser-based material processing over traditional approaches
Market Growth Drivers:
Increasing demand from healthcare vertical
Challenges:
Technical complexities in high-power lasers
Restraints:
High deployment cost and lack of personnel with required technical expertise
Opportunities:
Adoption of laser technology in various verticals for quality check
Market Leaders and their Expansionary Development Strategies
In November 2023,Eye Health America (EHA), the integrated eyecare platform in the Southeastern United States, announces its latest partnership with Medical, Laser, & Surgical Care of Vision and Eye Diseases (MLSCVED), marking its 23rd strategic collaboration since 2018.
In APRIL 2023, Johnson & Johnson Vision*, a global leader in eye health and part of Johnson & Johnson MedTech, announced today that its new ELITA Femtosecond Laser has received FDA 510(k) clearance for the creation of LASIK flaps.
Key Target Audience
LASIK surgery equipment manufacturers & Suppliers, LASIK post-operative products manufacturers & Suppliers, Contract Research Organizations (CROs), Research and Development (R&D) Companies, Government Research Laboratories, Independent Research Laboratories, Government and Independent Regulatory Authorities, Market Research and Consulting Service Providers and Academic Institutes and Universities
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.