The LASIK eye surgery devices market is concentrated, and the degree of concentration will accelerate during the forecast period. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments while maintaining their positions in the slow-growing segments.
The report also covers the following areas:
LASIK Eye Surgery Devices Market 2021-2025: Segmentation
- Technology
- Wavefront-guided
- Wavefront-optimized
- Topography-guided
- Geography
- North America
- Europe
- Asia
- ROW
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LASIK Eye Surgery Devices Market 2021-2025: Vendor Analysis and Scope
To help businesses improve their market position, Technavio's report provides a detailed analysis of around 25 vendors operating in the market. Some of the major vendors of the LASIK eye surgery devices market include Alcon Inc., Bausch Health Companies Inc., Carl Zeiss AG, Johnson and Johnson Inc., NIDEK Co. Ltd., and Ziemer Ophthalmic Systems AG.
Factors such as increasing awareness about LASIK surgery, technological advances, and the increasing prevalence of refractive disorders will offer immense growth opportunities. However, minimal insurance coverage will hamper the market growth.
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Regional Analysis
Technavio offers an up-to-date analysis of the geographical composition of the market as well as competitive intelligence and regional opportunities. The LASIK eye surgery devices market in North America has been segmented into four regions, namely North America, Europe, Asia, and ROW. Among these regions, North America will account for 32% of the growth of the market during the forecast period. The US is expected to be a key country in the LASIK eye surgery devices market in North America. The region has been recording a significant growth rate. Hence, it is expected to offer several growth opportunities to market vendors during the forecast period. Moreover, the growth of the LASIK eye surgery devices market in North America will be driven by technological advances.
LASIK Eye Surgery Devices Market 2021-2025: Key Highlights
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will assist LASIK eye surgery devices market growth during the next five years
- Estimation of the LASIK eye surgery devices market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the LASIK eye surgery devices market
- Analysis of the market's competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of LASIK eye surgery devices market vendors
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LASIK Eye Surgery Devices Market Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2020 |
Forecast period |
2021-2025 |
Growth momentum & CAGR |
Accelerate at a CAGR of 6.48% |
Market growth 2021-2025 |
USD 774.01 million |
Market structure |
Concentrated |
YoY growth (%) |
11.65 |
Regional analysis |
North America, Europe, Asia, and ROW |
Performing market contribution |
North America at 32% |
Key consumer countries |
US, China, Germany, France, and Hungary |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
Alcon Inc., Bausch Health Companies Inc., Carl Zeiss AG, Johnson and Johnson Inc., NIDEK Co. Ltd., and Ziemer Ophthalmic Systems AG |
Market Dynamics |
Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of Contents:
Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
For additional insights on LASIK Eye Surgery Devices Market, View Our Report Snapshot
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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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SOURCE Technavio
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