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The refractive surgery market is expected to grow from USD 0.96 billion in 2019 to USD 1.65 billion by 2027, at a CAGR of 7% during the forecast period 2020-2027.
Refractive surgery is a medical process which is used to correct or treat the common vision problems to reduce a person’s dependence on prescription eyeglasses or contact lenses. There are various surgical procedures to correct or adjust eye focus ability by round dome at the front of your eye, reshaping the cornea. Also, other procedures involve lens implantation inside the eye. The devices used in these surgeries are referred to as refractive surgery devices. Technological innovation, efficient and safe procedures such as LASIK are increasing and gaining popularity among the consumers, and increasing incidences of eye diseases in both old and young population due to various reasons are stimulating the demand for ophthalmology surgeries which in turn is leading to surge in demand of the refractive surgery devices market.
This study delivers a comprehensive analysis of device types, surgery type, end-user applications, and regions. The device type segment includes Lasers, Flaps, Aberrometers, Others. The laser devices segment is the most significant player, and it is expected to dominate this segment in future, owing to the safety, efficiency, technological innovations, and biological benefits, the LASIK (laser-assisted in situ keratomileusis) surgery is most widely used. Based on surgery type this market is divided into myopia, hyperopia, astigmatism, near-sightedness, dry eyes and others. The astigmatism segment is anticipated to witness significant growth rate in future because it is a common vision condition among children and adults, which occurs due to the irregular shaped cornea or the curvature of the lens inside the eye. By end-user application, this market is divided into hospitals, clinics and ambulatory surgery centres.
The market has been divided into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. North America accounts for the largest market share. The healthcare infrastructure, increasing cases of eye near-sightedness and farsightedness in the region, high investment in R&D and the presence of dominant market players are the market drivers in this region. Asia-Pacific is anticipated to grow at a significant growth rate, owing to factors such as increasing investment in the healthcare sector by both public and private players, and the large population in countries like India and China which offers a big opportunity. Also, the growing demand for the refractive surgery devices in other developing economies.
Some of the key players in the refractive surgery devices market are Carl Zeiss AG, Johnson & Johnson Surgical Vision, Abbott Medical Optics, Bausch & Lomb Incorporated, Nidek, Ziemer Ophthalmic Systems AG, Alcon, SCHWIND eye-tech-solutions GmbH & Co., Lumenis and Ellex Medical Lasers Limited.
In February 2019, Johnson & Johnson Vision launched a new type of lens named TECNIS EYHANCE INTROCULAR LENSES in Europe. This next-generation lenses have the ability to offer effectiveness in both intermediate and far distances.
This study predicts revenue growth at global, national, and country levels from 2020 to 2027. This report has segmented the market based on below-mentioned segments:
Based on the device type:
Based on the type of surgery:
Based on the type of end user application:
Based on the type of regions:
Report Description:
The market estimates have been evaluated by considering the effect of different political, economic, social, technological and legal factors which are based on our extensive secondary research, primary research, and in-house databases.
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis By Device Type
4.3.2. Market Attractiveness Analysis By Surgery
4.3.3. Market Attractiveness Analysis By Application
4.3.4. Market Attractiveness Analysis By Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.3. Restraints
5.4. Opportunities
5.5. Challenges
6. Global Refractive Surgery Devices Market Analysis and Forecast, By Device Type
6.1. Segment Overview
6.2. Lasers
6.3. Flaps
6.4. Aberrometers
6.5. Others
7. Global Refractive Surgery Devices Market Analysis and Forecast, By Surgery
7.1. Segment Overview
7.2. Myopia
7.3. Hyperopia
7.4. Astigmatism
7.5. Near-sightedness
7.6. Dry Eyes
8. Global Refractive Surgery Devices Market Analysis and Forecast, By Application
8.1. Segment Overview
8.2. Hospitals
8.3. Clinics
8.4. Ambulatory Surgery Centers
9. Global Refractive Surgery Devices Market Analysis and Forecast, By Regional Analysis
9.1. Segment Overview
9.2. North America
9.2.1. U.S.
9.2.2. Canada
9.2.3. Mexico
9.3. Europe
9.3.1. Germany
9.3.2. France
9.3.3. U.K.
9.3.4. Italy
9.3.5. Spain
9.4. Asia-Pacific
9.4.1. Japan
9.4.2. China
9.4.3. India
9.5. South America
9.5.1. Brazil
9.6. Middle East and Africa
9.6.1. UAE
9.6.2. South Africa
10. Global Refractive Surgery Devices Market-Competitive Landscape
10.1. Overview
10.2. Market Share of Key Players in Global Refractive Surgery Devices Market
10.2.1. Global Company Market Share
10.2.2. North America Company Market Share
10.2.3. Europe Company Market Share
10.2.4. APAC Company Market Share
10.3. Competitive Situations and Trends
10.3.1. Product Launches and Developments
10.3.2. Partnerships, Collaborations, and Agreements
10.3.3. Mergers & Acquisitions
10.3.4. Expansions
11. Company Profiles
11.1. Carl Zeiss AG
11.1.1. Business Overview
11.1.2. Company Snapshot
11.1.3. Company Market Share Analysis
11.1.4. Company Product Portfolio
11.1.5. Recent Developments
11.1.6. SWOT Analysis
11.2. Johnson & Johnson Surgical Vision
11.2.1. Business Overview
11.2.2. Company Snapshot
11.2.3. Company Market Share Analysis
11.2.4. Company Product Portfolio
11.2.5. Recent Developments
11.2.6. SWOT Analysis
11.3. Abbott Medical Optics
11.3.1. Business Overview
11.3.2. Company Snapshot
11.3.3. Company Market Share Analysis
11.3.4. Company Product Portfolio
11.3.5. Recent Developments
11.3.6. SWOT Analysis
11.4. Bausch & Lomb Incorporated
11.4.1. Business Overview
11.4.2. Company Snapshot
11.4.3. Company Market Share Analysis
11.4.4. Company Product Portfolio
11.4.5. Recent Developments
11.4.6. SWOT Analysis
11.5. Nidek
11.5.1. Business Overview
11.5.2. Company Snapshot
11.5.3. Company Market Share Analysis
11.5.4. Company Product Portfolio
11.5.5. Recent Developments
11.5.6. SWOT Analysis
11.6. Ziemer Ophthalmic Systems AG
11.6.1. Business Overview
11.6.2. Company Snapshot
11.6.3. Company Market Share Analysis
11.6.4. Company Product Portfolio
11.6.5. Recent Developments
11.6.6. SWOT Analysis
11.7. Alcon
11.7.1. Business Overview
11.7.2. Company Snapshot
11.7.3. Company Market Share Analysis
11.7.4. Company Product Portfolio
11.7.5. Recent Developments
11.7.6. SWOT Analysis
11.8. SCHWIND eye-tech-solutions GmbH & Co
11.8.1. Business Overview
11.8.2. Company Snapshot
11.8.3. Company Market Share Analysis
11.8.4. Company Product Portfolio
11.8.5. Recent Developments
11.8.6. SWOT Analysis
11.9. Lumenis
11.9.1. Business Overview
11.9.2. Company Snapshot
11.9.3. Company Market Share Analysis
11.9.4. Company Product Portfolio
11.9.5. Recent Developments
11.9.6. SWOT Analysis
11.10. Ellex Medical Lasers Limited
11.10.1. Business Overview
11.10.2. Company Snapshot
11.10.3. Company Market Share Analysis
11.10.4. Company Product Portfolio
11.10.5. Recent Developments
11.10.6. SWOT Analysis
List of Table
1. Global Refractive Surgery Devices Market, By Device Type , 2017–2027 (USD Billion)
2. Global Lasers Refractive Surgery Devices Market, By Region, 2017–2027 (USD Billion)
3. Global Flaps Refractive Surgery Devices Market, By Region, 2017–2027 (USD Billion)
4. Global Aberrometers Refractive Surgery Devices Market, By Region, 2017–2027 (USD Billion)
5. Global Others Refractive Surgery Devices Market, By Region, 2017–2027 (USD Billion)
6. Global Refractive Surgery Devices Market, By Surgery , 2017–2027 (USD Billion)
7. Global Myopia, Refractive Surgery Devices Market, By Region, 2017–2027 (USD Billion)
8. Global Hyperopia, Refractive Surgery Devices Market, By Region, 2017–2027 (USD Billion)
9. Global Astigmatism, Refractive Surgery Devices Market, By Region, 2017–2027 (USD Billion)
10. Global Near-sightedness, Refractive Surgery Devices Market, By Region, 2017–2027 (USD Billion)
11. Global Dry Eyes, Refractive Surgery Devices Market, By Region, 2017–2027 (USD Billion)
12. Global Refractive Surgery Devices Market, By Application , 2017–2027 (USD Billion)
13. Global Hospitals, Refractive Surgery Devices Market, By Region, 2017–2027 (USD Billion)
14. Global Clinics, Refractive Surgery Devices Market, By Region, 2017–2027 (USD Billion)
15. Global Ambulatory Surgery Centers, Refractive Surgery Devices Market, By Region, 2017–2027 (USD Billion)
16. Global Refractive Surgery Devices Market, By Region, 2017–2027 (USD Billion)
17. Global Refractive Surgery Devices Market, By North America, 2017–2027 (USD Billion)
18. North America Refractive Surgery Devices Market, By Device Type , 2017–2027 (USD Billion)
19. North America Refractive Surgery Devices Market, By Application , 2017–2027 (USD Billion)
20. North America Refractive Surgery Devices Market, By Surgery , 2017–2027 (USD Billion)
21. U.S. Refractive Surgery Devices Market, By Device Type , 2017–2027 (USD Billion)
22. U.S. Refractive Surgery Devices Market, By Application , 2017–2027 (USD Billion)
23. U.S. Refractive Surgery Devices Market, By Surgery , 2017–2027 (USD Billion)
24. Canada Refractive Surgery Devices Market, By Device Type , 2017–2027 (USD Billion)
25. Canada Refractive Surgery Devices Market, By Application , 2017–2027 (USD Billion)
26. Canada Refractive Surgery Devices Market, By Surgery , 2017–2027 (USD Billion)
27. Mexico Refractive Surgery Devices Market, By Device Type , 2017–2027 (USD Billion)
28. Mexico Refractive Surgery Devices Market, By Application , 2017–2027 (USD Billion)
29. Mexico Refractive Surgery Devices Market, By Surgery , 2017–2027 (USD Billion)
30. Europe Refractive Surgery Devices Market, By Device Type , 2017–2027 (USD Billion)
31. Europe Refractive Surgery Devices Market, By Application , 2017–2027 (USD Billion)
32. Europe Refractive Surgery Devices Market, By Surgery , 2017–2027 (USD Billion)
33. Germany Refractive Surgery Devices Market, By Device Type , 2017–2027 (USD Billion)
34. Germany Refractive Surgery Devices Market, By Application , 2017–2027 (USD Billion)
35. Germany Refractive Surgery Devices Market, By Surgery , 2017–2027 (USD Billion)
36. France Refractive Surgery Devices Market, By Device Type , 2017–2027 (USD Billion)
37. France Refractive Surgery Devices Market, By Application , 2017–2027 (USD Billion)
38. France Refractive Surgery Devices Market, By Surgery , 2017–2027 (USD Billion)
39. U.K. Refractive Surgery Devices Market, By Device Type , 2017–2027 (USD Billion)
40. U.K. Refractive Surgery Devices Market, By Application , 2017–2027 (USD Billion)
41. U.K. Refractive Surgery Devices Market, By Surgery , 2017–2027 (USD Billion)
42. Italy Refractive Surgery Devices Market, By Device Type , 2017–2027 (USD Billion)
43. Italy Refractive Surgery Devices Market, By Application , 2017–2027 (USD Billion)
44. Italy Refractive Surgery Devices Market, By Surgery , 2017–2027 (USD Billion)
45. Spain Refractive Surgery Devices Market, By Device Type , 2017–2027 (USD Billion)
46. Spain Refractive Surgery Devices Market, By Application , 2017–2027 (USD Billion)
47. Spain Refractive Surgery Devices Market, By Surgery , 2017–2027 (USD Billion)
48. Asia Pacific Refractive Surgery Devices Market, By Device Type , 2017–2027 (USD Billion)
49. Asia Pacific Refractive Surgery Devices Market, By Application , 2017–2027 (USD Billion)
50. Asia Pacific Refractive Surgery Devices Market, By Surgery , 2017–2027 (USD Billion)
51. Japan Refractive Surgery Devices Market, By Device Type , 2017–2027 (USD Billion)
52. Japan Refractive Surgery Devices Market, By Application , 2017–2027 (USD Billion)
53. Japan Refractive Surgery Devices Market, By Surgery , 2017–2027 (USD Billion)
54. China Refractive Surgery Devices Market, By Device Type , 2017–2027 (USD Billion)
55. China Refractive Surgery Devices Market, By Application , 2017–2027 (USD Billion)
56. China Refractive Surgery Devices Market, By Surgery , 2017–2027 (USD Billion)
57. India Refractive Surgery Devices Market, By Device Type , 2017–2027 (USD Billion)
58. India Refractive Surgery Devices Market, By Application , 2017–2027 (USD Billion)
59. India Refractive Surgery Devices Market, By Surgery , 2017–2027 (USD Billion)
60. South America Refractive Surgery Devices Market, By Device Type , 2017–2027 (USD Billion)
61. South America Refractive Surgery Devices Market, By Application , 2017–2027 (USD Billion)
62. South America Refractive Surgery Devices Market, By Surgery , 2017–2027 (USD Billion)
63. Brazil Refractive Surgery Devices Market, By Device Type , 2017–2027 (USD Billion)
64. Brazil Refractive Surgery Devices Market, By Application , 2017–2027 (USD Billion)
65. Brazil Refractive Surgery Devices Market, By Surgery , 2017–2027 (USD Billion)
66. Middle East and Africa Refractive Surgery Devices Market, By Device Type , 2017–2027 (USD Billion)
67. Middle East and Africa Refractive Surgery Devices Market, By Application , 2017–2027 (USD Billion)
68. Middle East and Africa Refractive Surgery Devices Market, By Surgery , 2017–2027 (USD Billion)
69. UAE Refractive Surgery Devices Market, By Device Type , 2017–2027 (USD Billion)
70. UAE Refractive Surgery Devices Market, By Application , 2017–2027 (USD Billion)
71. UAE Refractive Surgery Devices Market, By Surgery , 2017–2027 (USD Billion)
72. South Africa Refractive Surgery Devices Market, By Device Type , 2017–2027 (USD Billion)
73. South Africa Refractive Surgery Devices Market, By Application , 2017–2027 (USD Billion)
74. South Africa Refractive Surgery Devices Market, By Surgery , 2017–2027 (USD Billion)
List of Figures
1. Global Refractive Surgery Devices Market Segmentation
2. Refractive Surgery Devices Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Refractive Surgery Devices Market Attractiveness Analysis By Device Type
9. Global Refractive Surgery Devices Market Attractiveness Analysis By Application
10. Global Refractive Surgery Devices Market Attractiveness Analysis By Surgery
11. Global Refractive Surgery Devices Market Attractiveness Analysis By Region
12. Global Refractive Surgery Devices Market: Dynamics
13. Global Refractive Surgery Devices Market Share By Device Type (2020 & 2027)
14. Global Refractive Surgery Devices Market Share by Application (2020 & 2027)
15. Global Refractive Surgery Devices Market Share by Surgery (2020 & 2027)
16. Global Refractive Surgery Devices Market Share by Regions (2020 & 2027)
17. Global Refractive Surgery Devices Market Share by Company (2019)
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Hi John,
Thanks for the report. We've been going through it and see some good data on the market and players. –
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