Industry Outlook and Trend Analysis
The Refractive Surgery Devices Market has encountered significant development in the recent years and is foreseen to grow tremendously over the forecast period. Refractive Surgery is the procedure of enhancing or correcting the patient’s vision influenced by refractive error, for example, Hyperopia, Myopia, and Astigmatism. The most widely recognized procedure for correcting the refractive error is LASIK. Myopia is the most widely recognized refractive error in the worldwide populace. This sign varies from over populaces of various districts and ethnicities. It is assessed that 1.45 billion individuals had myopia in 2010 and it is anticipated this number will keep on increasing as the total populace grows.
Type Outlook and Trend Analysis
Based on Types the market is segmented into Ophthalmic Lasers and Microkeratome. The Ophthalmic Lasers section is further segmented into Femtosecond Lasers, Eximer Lasers and YAG Lasers. Advancement in Refractive Surgery treatment have rendered patient with a number of alternatives to eliminate and reduce their dependency on contact lenses and glasses and take corrective measures for refractive errors.
End User Outlook and Trend Analysis
On the basis of end user the market is segmented into Astigmatism, Near-sightedness and Farsightedness. A large population is affected by refractive errors globally, irrespective of sex, age and ethnic group. Visual impairment from uncorrected refractive errors can have rapid and long-term outcomes in adults and children, for example, lost employment and educational opportunities, lost financial gain for people, families and social orders, and disabled personal satisfaction.
Regional Outlook and Trend Analysis
Geographically, the market is spread into Asia Pacific, North America, Europe and Rest of the world. North America accounted for the biggest market in ophthalmic lasers trailed by Europe. In Asia Pacific, China commands the refractive surgery devices market.
The major players in the market are Lumenis, Bausch & Lomb Inc, Alcon, Carl Zeiss AG, Ellex Medical Lasers, Ziemer Ophthalmic Systems AG, Abbott Medical Optics Inc, Schwind eye tech solutions and Nidek. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.
The Refractive Surgery Devices Market is segmented as follows-
By End User:
Rest of Europe
Rest of Asia-Pacific
Rest of South America
Middle East and Africa
Rest of MEA
Some of the key questions answered by the report are:
What was the market size in 2014 and forecast from 2015 to 2023?
What will be the industry market growth from 2015 to 2023?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?