The global refractive surgery devices market is projected to grow at a CAGR of 4.2% during the forecast period (2021-2027). The major aspect that drives the growth of the market includes increased incidence and prevalence rate of ophthalmic diseases is growing at a significant rate across the globe. According to the WHO, in 2019, around 2.2 billion people from across the globe have been suffering from one or the other kind of visual impairment and 80% of these are considered avoidable. Visual impairment may lead to various conditions such as accidents, depression and anxiety disorders. Hence, this creates an upsurge in the demand for the effective treatment methods including refractive surgery devices, which, in turn, is likely to contribute to the growth of the market during the forecast period.
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The global refractive surgery devices market is segmented on the basis of product type, application and end-user. Based on the product type, the global refractive surgery devices market is segmented is as lasers and aberrometers. Based on the applications, the global refractive surgery devices market is segmented as myopia, astigmatism and others. Whereas, based on the end-users, the global refractive surgery devices market is segmented into hospitals and ambulatory surgical centers.
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The global refractive surgery devices market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. The Asia-Pacific region is projected to hold a significant market share. China, India, Japan, and the Rest of the Asia-Pacific are the major economies primarily contributing to the growth of the refractive surgery devices market in the region. The regional growth of the market is accredited to the rising geriatric population across the key economies of the region such as India and China.
Global Refractive Surgery Devices Market – Segmentation
by Product Type
Lasers
Aberrometers
by Application
Myopia
Astigmatism
Others
by End-User
Hospitals
Ambulatory Surgery Centers
Global Refractive Surgery Devices Market – Segmentation by Region
North America
United States
Canada
Europe
Germany
United Kingdom
France
Spain
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
Rest of Asia-Pacific
Rest of the World
Company Profiles
Abbott Medical Optics
Alcon Vision LLC
Bausch & Lomb Inc.
Carl Zeiss Meditec AG
Ellex Medical Lasers Ltd.
Essilor
Johnson & Johnson Services, Inc.
Lumenis
NIDEK CO., LTD.
Quantel Medical
SCHWIND Eye-Tech-Solutions GmbH & Co.
Topcon Corp.
Ziemer Ophthalmic Systems AG
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