Personalized LASIK Surgery Market Size

SkyQuest Technology's Personalized lasik surgery market size, share and forecast Report is based on the analysis of market data and Industry trends impacting the global Personalized LASIK Surgery Market and the revenue of top companies operating in it. Market Size Data and Statistics are based on the comprehensive research by our Team of Analysts and Industry experts.

Personalized LASIK Surgery Market Insights

Global Personalized LASIK Surgery Market size was valued at USD 2.6 billion in 2023 and is poised to grow from USD 2.72 billion in 2024 to USD 3.93 billion by 2032, growing at a CAGR of 4.7% during the forecast period (2025-2032).

Personalized or personalised LASIK surgery is a safer variant of the regular LASIK operation that uses the most advanced laser vision technology to take 3-dimensional measurements of the individual's eye and improves the ophthalmologist's ability to reshape the cornea. Personalized LASIK surgery recognises the distinctive features of each individual's eyes and provides more accurate vision repair. This allows for more accurate, personalised eyesight correction results. According to the American Academy of Ophthalmology, approximately 34% of the U.S. population wears glasses or lenses owing to vision problems. An estimated 25% of people worldwide choose laser eye sight correction surgery.

Rising popularity of corrective eye surgery is likely to fuel market expansion. Some of the factors expected to fuel market expansion over the forecast period include the introduction of technologically sophisticated equipment, an increase in the number of eye care clinics offering customised LASIK operations, and increased knowledge about efficacy and safety. Many companies and government agencies are now offering assistance to people with visual impairments, which is expected to enhance market demand. For example, the National Eye Institute supports research and new product development procedures in the field of eye care. Other comparable programmes include the BlueCross Blue Shield QualSight programme, which provides reductions on LASIK surgery costs to Federal Employees.

US Personalized LASIK Surgery Market is poised to grow at a sustainable CAGR for the next forecast year.

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Global Personalized LASIK Surgery Market size was valued at USD 2.6 billion in 2023 and is poised to grow from USD 2.72 billion in 2024 to USD 3.93 billion by 2032, growing at a CAGR of 4.7% during the forecast period (2025-2032).

In order to maintain competitiveness, the Global Personalized LASIK Surgery Market participants are heavily active in mergers and acquisitions. The advent of new technologies such as refractive lenticule extraction (ReLEx) and Small Incision Lenticule Extraction (SMILE) with Carl Zeiss' VisuMax laser is projected to create a profitable development platform for this industry. Abbott Molecular Optics and Nidek created products that were both quick and easy to use. AMO's iDesign is a next-generation wavefront approach that is said to produce accurate outcomes with great resolution. 'Alcon Inc. (Switzerland) ', 'Bausch + Lomb (Canada) ', 'Carl Zeiss Meditec AG (Germany) ', 'Johnson & Johnson Vision (USA) ', 'NIDEK CO., LTD. (Japan) ', 'Lumenis Ltd. (Israel) ', 'Ziemer Ophthalmic Systems AG (Switzerland) ', 'Schwind eye-tech-solutions GmbH (Germany) ', 'WaveLight GmbH (Germany) ', 'Technolas Perfect Vision GmbH (Germany) ', 'Haag-Streit Holding AG (Switzerland) ', 'Topcon Corporation (Japan) ', 'Heidelberg Engineering GmbH (Germany) ', 'Optovue, Incorporated (USA) ', 'Abbott Medical Optics (AMO) (USA) ', 'Visionix (France) ', 'iVIS Technologies (Italy) ', 'CSO Costruzione Strumenti Oftalmici (Italy) ', 'OCULUS Optikgeräte GmbH (Germany) ', 'Medmont International Pty Ltd (Australia)'

Highly sophisticated and less invasive vision repair surgical method is a primary driver of the personalized LASIK surgery market. Furthermore, advantages such as cost-effectiveness, fewer side effects, and less problems encourage patients to choose this treatment. Furthermore, rising incidence of refractive diseases such as myopia, hyperopia, and astigmatism, as well as an increase in the number of R&D activities, are likely to fuel market expansion. Furthermore, the increased risk of infection due to the continuous use of contact lenses, the rising frequency of ocular disorders, and the advent of novel ophthalmic technologies are projected to favour the expansion of the personalized LASIK surgery market in the future years.

As customised LASIK surgery is the most recent treatment option for myopia, the demand for LASIK procedures for myopia is increasing. Topography-guided LASIK surgery has been demonstrated in trials to be more successful than other treatments in treating myopia. Dr. A. John Kanellopoulos stated in October 2021 at the European Society of Cataract and Refractive Surgeons that due to eye tracking, cyclorotation compensation, and active centration control in topo-guided LASIK technology, better visual performance than SMILE (Small Incision Lenticule Extraction) was observed over long-term follow-up. Furthermore, in a four-year study comparing the refractive results of LASIK with SMILE, topo-guided LASIK revealed superior visual performance and precision, particularly in very myopic eyes. Such research will almost certainly enhance the use of personalized LASIK operations among myopia-affected populations.

North America's low cost of living makes it a prominent market for personalized LASIK surgery. North America, followed by Europe, is dominating the personalised LASIK surgery market due to their high lifestyle patterns and awareness, as well as the availability of all forms of minimally invasive advanced customised LASIK operations. The presence of important market players in the region, rising awareness levels, and well-established healthcare infrastructure are some of the factors influencing the region's market position. According to National Library of Medicine data updated in November 2021 for LASIK, there are numerous lasers authorised by the US Food and Drug Administration (FDA) for use in LASIK operations. According to the aforementioned source, bespoke LASIK is frequently used.

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Global Personalized LASIK Surgery Market
Personalized LASIK Surgery Market

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