North America Refractive Surgery Devices Market Analysis and Size
The refractive surgery devices market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses that the market is growing with a CAGR of 7.9% in the forecast period of 2022 to 2029 and is expected to reach USD 1,072.35 million by 2029 from USD 596.63 million in 2021.
The Market Dynamics of the North America Refractive Surgery Devices Market Include:
Drivers
- Increase in technological advancement
Acceleration in technology development in the healthcare sector has tremendously increased in the last few years. Advancement in the technology of refractive surgery devices supports painless and uncomplicated treatment during the management of a disease. Moreover, innovation and up gradation in various refractive surgery devices assist in a precise and rapid result of disease diagnosis. Innovation in refractive surgery devices also provides the cost-effectiveness of technology-based therapeutic tools during disease treatment.
Opportunities
- Achievements in LASIK surgeries
The LASIK success rate or LASIK outcomes are well understood, with thousands of clinical studies looking at visual acuity and patient satisfaction. Recent research reported 99 percent of patients achieve better than 20/40 vision, and more than 90 percent achieve 20/20 or better. Furthermore, LASIK has an unprecedented 96 percent patient satisfaction rate, the highest of any elective procedure.
| REPORT METRIC | DETAILS |
| Forecast Period | 2022 to 2029 |
| Base Year | 2021 |
| Historic Years | 2020 (Customizable to 2019 - 2014) |
| Quantitative Units | Revenue in USD Million |
| Segments Covered | By Product Type (Laser, Phakic Intraocular Lens (IOL), Aberrometers/Wavefront Aberrometry, Surgical Instruments Accessories, Refractive Surgery Kits, Pupillary Diameter Meters, Epikeratomes, Microkeratomes, Thermokeratoplasty, Limbal Relaxing Incision Kits and Others), Surgery Type (LASIK (Laser In-Situ Keratomileusis, Photorefractive Keratectomy (PRK), Phakic Intraocular Lenses (IOL), Astigmatic Keratotomy (AK), Automated Lamellar Keratoplasty (ALK), Intracorneal Ring (INTACS), Laser Thermal Keratoplasty (LTK), Conductive Keratoplasty (CK), Radial Keratotomy (RK) and Others), Application (Nearsightedness (Myopia), Farsightedness (Hyperopia), Astigmatism and Presbyopia), End User (Hospitals, Speciality Clinics, Ambulatory Surgical Centers and Others), Distribution Channel (Direct Tender, Third Party Distributors and Others) |
| Country Covered | U.S., Canada, Mexico |
| Market Players Covered | Tracey Technologies, Bausch + Lomb Incorporated, BD, STAAR SURGICAL, SCHWIND eye-tech-solutions, Hoya Surgical Optics, Johnson Johnson Services, Inc., Ophtec BV, Glaukos Corporation, Amplitude Laser, Reichert, Inc., NIDEK CO., LTD., Ziemer Ophthalmic Systems, ROWIAK GmbH, Moria, LENSAR, Inc., Topcon Canada Inc. (A subsidiary of Topcon Corporation), Aaren Scientific Inc., Rayner Intraocular Lenses Limited., iVIS Technologies, Alcon among others |
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North America Refractive Surgery Devices Market Scope
Global North America Refractive Surgery Devices Market is segmented into product type, surgery type, application, end user, and distribution channel. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to make strategic decisions to identify core market applications.
Product Type
- Laser
- Phakic Intraocular Lens (IOL)
- Aberrometers / Wavefront Aberrometry
- Surgical Instruments Accessories
- Refractive Surgery Kits
- Pupillary Diameter Meters
- Epikeratomes
- Microkeratomes
- Thermokeratoplasty
- Limbal Relaxing Incision Kits
- Others
On the basis of product type, the North America Refractive Surgery Devices Market is segmented into a laser, phakic intraocular lens (IOL), aberrometer/wavefront aberrometry, surgical instruments accessories, refractive surgery kits, pupillary diameter meters, epikeratomes, microkeratomes, thermokeratoplasty, limbal relaxing incision kits, and others.
Packaging Type
- Lasik (Laser In-Situ Keratomileusis)
- Photorefractive Keratectomy (PRK)
- Phakic Intraocular Lenses (IOL)
- Astigmatic Keratotomy (AK)
- Automated Lamellar Keratoplasty (ALK)
- Intracorneal Ring (INTACS)
- Laser Thermal Keratoplasty (LTK)
- Conductive Keratoplasty (CK)
- Radial Keratotomy (RK)
- Others
On the basis of surgery type, the North America Refractive Surgery Devices Market is segmented into LASIK (laser in-situ keratomileusis), photorefractive keratectomy (PRK), phakic intraocular lenses (IOL), astigmatic keratotomy (AK), automated lamellar keratoplasty (ALK), intracorneal ring (INTACS), laser thermal keratoplasty (LTK), conductive keratoplasty (CK), radial keratotomy (RK), and others.
Application
- Nearsightedness (Myopia)
- Farsightedness (Hyperopia)
- Astigmatism
- Presbyopia
On the basis of application, the North America Refractive Surgery Devices Market is segmented into nearsightedness (myopia), farsightedness (hyperopia), astigmatism, and presbyopia.
End User
- Hospitals
- Specialty Clinics
- Ambulatory Surgical Centers
- Others
On the basis of end user, the North America Refractive Surgery Devices Market is segmented into hospitals, specialty clinics, ambulatory surgical centres, and others.
Distribution Channel
- Direct Tender
- Third Party Distributors
- Others
On the basis of distribution channel, the North America Refractive Surgery Devices Market is segmented into direct tender, third party distributors, and others.
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Major TOC of the Report
1 INTRODUCTION
2 MARKET SEGMENTATION
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
5 MARKET OVERVIEW
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