The Europe Refractive Surgery Devices Market would witness market growth of 9% CAGR during the forecast period (2021-2027).
The introduction of various types of surgical equipment and instruments is the result of the major changes or advancements done in the ophthalmic surgical processes over the past years. Surgical robots are the latest innovation in refractive surgeries and work with high accuracy, offer error-free processes, and are highly reliable.
Further, the increasing number of patients with refractive errors and other eye conditions like dry eyes, presbyopia, hyperopia, myopia, and astigmatism would augment the refractive surgery device market. Refractive surgery helps the patient in decreasing or eliminating the use of contact lenses or glasses. In addition, this surgery eases the treatment of several eye diseases and vision correction that may lead to blindness. Based on the report by WHO, the major cause of vision impairment & blindness is uncorrected refractive errors and there are approximately millions of people suffering from this problem, across the globe. Therefore, these aspects are projected to accelerate the demand for refractive surgeries and hence, will lead to a significant surge in the growth of the market.
In Europe, Germany is dominating the refractive surgery devices market, owing to the growing research and enhancement in the ophthalmic lasers and refractive surgery device market. In France, the demand for refractive surgery devices is expanding, this is attributed to the increase in the number of patients with hyperopia and myopia. In addition, U.K. is also witnessing a significant surge in the demand for refractive surgery equipment due to an increase in the number of treatments and replacements in both the young and older generations.
Moreover, the regional refractive surgery devices market is expanding with factors like increasing adoption of surgical treatment, owing to the growing aging population and slightness concerns within them, among which refractive error is the most common problem in them, coupled with the high cost of refractive surgery may hamper the growth of the regional market in the upcoming years.
The Germany market dominated the Europe Ambulatory surgery centers Market by Country in 2020, thereby, achieving a market value of $6,457.2 Thousands by 2027. The UK market is exhibiting a CAGR of 8.3% during (2021 - 2027). Additionally, The France market is anticipated to witness a CAGR of 10.8% during (2021 - 2027).
Based on Application, the market is segmented into Astigmatism, Myopia, Hyperopia, Presbyopia, and Dry eyes. Based on Product, the market is segmented into Lasers, Microkeratome, Aberrometers and Other Products. Based on End Use, the market is segmented into Ophthalmology Clinics, Hospitals and Ambulatory surgery centers. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Refractive Surgery Devices Market Size will Hit $331.5 million by 2027, at a CAGR of 9.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Carl Zeiss Meditec AG, Topcon Corporation, Novartis AG, Glaukos Corporation, Johnson & Johnson, Essilorluxottica SA, Bausch Health Companies, Inc., SCHWIND Eye-Tech-Solutions GmbH, NIDEK CO., LTD., and Quantel Medical (Lumibird Group).
Scope of the Study
Market Segments Covered in the Report:
By Application
- Astigmatism
- Myopia
- Hyperopia
- Presbyopia, and
- Dry eyes
By Product
- Lasers
- Microkeratome
- Aberrometers and
- Other Products
By End Use
- Government
- Energy
- Defense
- Agriculture & Forestry
- Media & Entertainment
- Civil Engineering & Archaeology
- Others
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Carl Zeiss Meditec AG
- Topcon Corporation
- Novartis AG
- Glaukos Corporation
- Johnson & Johnson
- EssilorLuxottica SA
- Bausch Health Companies, Inc.
- SCHWIND Eye-Tech-Solutions GmbH
- NIDEK CO., LTD.
- Quantel Medical (Lumibird Group)
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Refractive Surgery Devices Market, by Application
1.4.2 Europe Refractive Surgery Devices Market, by Product
1.4.3 Europe Refractive Surgery Devices Market, by End Use
1.4.4 Europe Refractive Surgery Devices Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographical Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2017-2021)
3.3.2 Key Strategic Move: (Product Launches and Product Expansions : 2017,Feb – 2021, Jul) Leading Players
Chapter 4. Europe Refractive Surgery Devices Market by Application
4.1 Europe Astigmatism Market by Country
4.2 Europe Myopia Market by Country
4.3 Europe Hyperopia Market by Country
4.4 Europe Presbyopia Market by Country
4.5 Europe Dry eyes Market by Country
Chapter 5. Europe Refractive Surgery Devices Market by Product
5.1 Europe Lasers Market by Country
5.2 Europe Microkeratome Market by Country
5.3 Europe Aberrometers Market by Country
5.4 Europe Other Products Market by Country
Chapter 6. Europe Refractive Surgery Devices Market by End Use
6.1 Europe Ophthalmology Clinics Market by Country
6.2 Europe Hospitals Market by Country
6.3 Europe Ambulatory surgery centers Market by Country
Chapter 7. Europe Refractive Surgery Devices Market by Country
7.1 Germany Refractive Surgery Devices Market
7.1.1 Germany Refractive Surgery Devices Market by Application
7.1.2 Germany Refractive Surgery Devices Market by Product
7.1.3 Germany Refractive Surgery Devices Market by End Use
7.2 UK Refractive Surgery Devices Market
7.2.1 UK Refractive Surgery Devices Market by Application
7.2.2 UK Refractive Surgery Devices Market by Product
7.2.3 UK Refractive Surgery Devices Market by End Use
7.3 France Refractive Surgery Devices Market
7.3.1 France Refractive Surgery Devices Market by Application
7.3.2 France Refractive Surgery Devices Market by Product
7.3.3 France Refractive Surgery Devices Market by End Use
7.4 Russia Refractive Surgery Devices Market
7.4.1 Russia Refractive Surgery Devices Market by Application
7.4.2 Russia Refractive Surgery Devices Market by Product
7.4.3 Russia Refractive Surgery Devices Market by End Use
7.5 Spain Refractive Surgery Devices Market
7.5.1 Spain Refractive Surgery Devices Market by Application
7.5.2 Spain Refractive Surgery Devices Market by Product
7.5.3 Spain Refractive Surgery Devices Market by End Use
7.6 Italy Refractive Surgery Devices Market
7.6.1 Italy Refractive Surgery Devices Market by Application
7.6.2 Italy Refractive Surgery Devices Market by Product
7.6.3 Italy Refractive Surgery Devices Market by End Use
7.7 Rest of Europe Refractive Surgery Devices Market
7.7.1 Rest of Europe Refractive Surgery Devices Market by Application
7.7.2 Rest of Europe Refractive Surgery Devices Market by Product
7.7.3 Rest of Europe Refractive Surgery Devices Market by End Use
Chapter 8. Company Profiles
8.1 Carl Zeiss Meditec AG (Carl Zeiss AG)
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Regional & Segmental Analysis
8.1.4 Research & Development Expense
8.1.5 Recent Strategies and Developments:
8.1.5.1 Acquisitions and Mergers:
8.1.5.2 Product Launches and Product Expansions:
8.2 Topcon Corporation
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Recent Strategies and Developments:
8.2.4.1 Partnerships, Collaborations, and Agreements:
8.2.4.2 Acquisitions and Mergers:
8.3 Novartis AG
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expense
8.3.5 Recent Strategies and Developments:
8.3.5.1 Product Launches and Product Expansions:
8.4 Glaukos Corporation
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Regional Analysis
8.4.4 Research & Development Expenses
8.4.5 Recent Strategies and Developments:
8.4.5.1 Partnerships, Collaborations, and Agreements:
8.5 Johnson & Johnson
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental &Regional Analysis
8.5.4 Research & Development Expenses
8.5.5 Recent Strategies and Developments:
8.5.5.1 Product Launches and Product Expansions:
8.5.5.2 Geographical Expansions:
8.6 EssilorLuxottica SA
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental &Regional Analysis
8.6.4 Research & Development Expenses
8.6.5 Recent Strategies and Developments:
8.6.5.1 Acquisitions and Mergers:
8.7 Bausch Health Companies, Inc.
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Research & Development Expense
8.7.5 Recent Strategies and Developments:
8.7.5.1 Partnerships, Collaborations, and Agreements:
8.7.5.2 Product launches and Product Expansions:
8.8 SCHWIND Eye-Tech-Solutions GmbH
8.8.1 Company Overview
8.9 Nidek Co., Ltd.
8.9.1 Company Overview
8.9.2 Recent Strategies and Developments:
8.9.2.1 Product Launches and Product Expansions:
8.10. Quantel Medical (Lumibird Group)
8.10.1 Company Overview
TABLE 1 Europe Refractive Surgery Devices Market, 2017 - 2020, USD Thousands
TABLE 2 Europe Refractive Surgery Devices Market, 2021 - 2027, USD Thousands
TABLE 3 Partnerships, Collaborations and Agreements– Refractive Surgery Devices Market
TABLE 4 Product Launches And Product Expansions– Refractive Surgery Devices Market
TABLE 5 Acquisition and Mergers– Refractive Surgery Devices Market
TABLE 6 Geographical Expansions- Refractive Surgery Devices Market
TABLE 7 Europe Refractive Surgery Devices Market by Application, 2017 - 2020, USD Thousands
TABLE 8 Europe Refractive Surgery Devices Market by Application, 2021 - 2027, USD Thousands
TABLE 9 Europe Astigmatism Market by Country, 2017 - 2020, USD Thousands
TABLE 10 Europe Astigmatism Market by Country, 2021 - 2027, USD Thousands
TABLE 11 Europe Myopia Market by Country, 2017 - 2020, USD Thousands
TABLE 12 Europe Myopia Market by Country, 2021 - 2027, USD Thousands
TABLE 13 Europe Hyperopia Market by Country, 2017 - 2020, USD Thousands
TABLE 14 Europe Hyperopia Market by Country, 2021 - 2027, USD Thousands
TABLE 15 Europe Presbyopia Market by Country, 2017 - 2020, USD Thousands
TABLE 16 Europe Presbyopia Market by Country, 2021 - 2027, USD Thousands
TABLE 17 Europe Dry eyes Market by Country, 2017 - 2020, USD Thousands
TABLE 18 Europe Dry eyes Market by Country, 2021 - 2027, USD Thousands
TABLE 19 Europe Refractive Surgery Devices Market by Product, 2017 - 2020, USD Thousands
TABLE 20 Europe Refractive Surgery Devices Market by Product, 2021 - 2027, USD Thousands
TABLE 21 Europe Lasers Market by Country, 2017 - 2020, USD Thousands
TABLE 22 Europe Lasers Market by Country, 2021 - 2027, USD Thousands
TABLE 23 Europe Microkeratome Market by Country, 2017 - 2020, USD Thousands
TABLE 24 Europe Microkeratome Market by Country, 2021 - 2027, USD Thousands
TABLE 25 Europe Aberrometers Market by Country, 2017 - 2020, USD Thousands
TABLE 26 Europe Aberrometers Market by Country, 2021 - 2027, USD Thousands
TABLE 27 Europe Other Products Market by Country, 2017 - 2020, USD Thousands
TABLE 28 Europe Other Products Market by Country, 2021 - 2027, USD Thousands
TABLE 29 Europe Refractive Surgery Devices Market by End Use, 2017 - 2020, USD Thousands
TABLE 30 Europe Refractive Surgery Devices Market by End Use, 2021 - 2027, USD Thousands
TABLE 31 Europe Ophthalmology Clinics Market by Country, 2017 - 2020, USD Thousands
TABLE 32 Europe Ophthalmology Clinics Market by Country, 2021 - 2027, USD Thousands
TABLE 33 Europe Hospitals Market by Country, 2017 - 2020, USD Thousands
TABLE 34 Europe Hospitals Market by Country, 2021 - 2027, USD Thousands
TABLE 35 Europe Ambulatory surgery centers Market by Country, 2017 - 2020, USD Thousands
TABLE 36 Europe Ambulatory surgery centers Market by Country, 2021 - 2027, USD Thousands
TABLE 37 Europe Refractive Surgery Devices Market by Country, 2017 - 2020, USD Thousands
TABLE 38 Europe Refractive Surgery Devices Market by Country, 2021 - 2027, USD Thousands
TABLE 39 Germany Refractive Surgery Devices Market, 2017 - 2020, USD Thousands
TABLE 40 Germany Refractive Surgery Devices Market, 2021 - 2027, USD Thousands
TABLE 41 Germany Refractive Surgery Devices Market by Application, 2017 - 2020, USD Thousands
TABLE 42 Germany Refractive Surgery Devices Market by Application, 2021 - 2027, USD Thousands
TABLE 43 Germany Refractive Surgery Devices Market by Product, 2017 - 2020, USD Thousands
TABLE 44 Germany Refractive Surgery Devices Market by Product, 2021 - 2027, USD Thousands
TABLE 45 Germany Refractive Surgery Devices Market by End Use, 2017 - 2020, USD Thousands
TABLE 46 Germany Refractive Surgery Devices Market by End Use, 2021 - 2027, USD Thousands
TABLE 47 UK Refractive Surgery Devices Market, 2017 - 2020, USD Thousands
TABLE 48 UK Refractive Surgery Devices Market, 2021 - 2027, USD Thousands
TABLE 49 UK Refractive Surgery Devices Market by Application, 2017 - 2020, USD Thousands
TABLE 50 UK Refractive Surgery Devices Market by Application, 2021 - 2027, USD Thousands
TABLE 51 UK Refractive Surgery Devices Market by Product, 2017 - 2020, USD Thousands
TABLE 52 UK Refractive Surgery Devices Market by Product, 2021 - 2027, USD Thousands
TABLE 53 UK Refractive Surgery Devices Market by End Use, 2017 - 2020, USD Thousands
TABLE 54 UK Refractive Surgery Devices Market by End Use, 2021 - 2027, USD Thousands
TABLE 55 France Refractive Surgery Devices Market, 2017 - 2020, USD Thousands
TABLE 56 France Refractive Surgery Devices Market, 2021 - 2027, USD Thousands
TABLE 57 France Refractive Surgery Devices Market by Application, 2017 - 2020, USD Thousands
TABLE 58 France Refractive Surgery Devices Market by Application, 2021 - 2027, USD Thousands
TABLE 59 France Refractive Surgery Devices Market by Product, 2017 - 2020, USD Thousands
TABLE 60 France Refractive Surgery Devices Market by Product, 2021 - 2027, USD Thousands
TABLE 61 France Refractive Surgery Devices Market by End Use, 2017 - 2020, USD Thousands
TABLE 62 France Refractive Surgery Devices Market by End Use, 2021 - 2027, USD Thousands
TABLE 63 Russia Refractive Surgery Devices Market, 2017 - 2020, USD Thousands
TABLE 64 Russia Refractive Surgery Devices Market, 2021 - 2027, USD Thousands
TABLE 65 Russia Refractive Surgery Devices Market by Application, 2017 - 2020, USD Thousands
TABLE 66 Russia Refractive Surgery Devices Market by Application, 2021 - 2027, USD Thousands
TABLE 67 Russia Refractive Surgery Devices Market by Product, 2017 - 2020, USD Thousands
TABLE 68 Russia Refractive Surgery Devices Market by Product, 2021 - 2027, USD Thousands
TABLE 69 Russia Refractive Surgery Devices Market by End Use, 2017 - 2020, USD Thousands
TABLE 70 Russia Refractive Surgery Devices Market by End Use, 2021 - 2027, USD Thousands
TABLE 71 Spain Refractive Surgery Devices Market, 2017 - 2020, USD Thousands
TABLE 72 Spain Refractive Surgery Devices Market, 2021 - 2027, USD Thousands
TABLE 73 Spain Refractive Surgery Devices Market by Application, 2017 - 2020, USD Thousands
TABLE 74 Spain Refractive Surgery Devices Market by Application, 2021 - 2027, USD Thousands
TABLE 75 Spain Refractive Surgery Devices Market by Product, 2017 - 2020, USD Thousands
TABLE 76 Spain Refractive Surgery Devices Market by Product, 2021 - 2027, USD Thousands
TABLE 77 Spain Refractive Surgery Devices Market by End Use, 2017 - 2020, USD Thousands
TABLE 78 Spain Refractive Surgery Devices Market by End Use, 2021 - 2027, USD Thousands
TABLE 79 Italy Refractive Surgery Devices Market, 2017 - 2020, USD Thousands
TABLE 80 Italy Refractive Surgery Devices Market, 2021 - 2027, USD Thousands
TABLE 81 Italy Refractive Surgery Devices Market by Application, 2017 - 2020, USD Thousands
TABLE 82 Italy Refractive Surgery Devices Market by Application, 2021 - 2027, USD Thousands
TABLE 83 Italy Refractive Surgery Devices Market by Product, 2017 - 2020, USD Thousands
TABLE 84 Italy Refractive Surgery Devices Market by Product, 2021 - 2027, USD Thousands
TABLE 85 Italy Refractive Surgery Devices Market by End Use, 2017 - 2020, USD Thousands
TABLE 86 Italy Refractive Surgery Devices Market by End Use, 2021 - 2027, USD Thousands
TABLE 87 Rest of Europe Refractive Surgery Devices Market, 2017 - 2020, USD Thousands
TABLE 88 Rest of Europe Refractive Surgery Devices Market, 2021 - 2027, USD Thousands
TABLE 89 Rest of Europe Refractive Surgery Devices Market by Application, 2017 - 2020, USD Thousands
TABLE 90 Rest of Europe Refractive Surgery Devices Market by Application, 2021 - 2027, USD Thousands
TABLE 91 Rest of Europe Refractive Surgery Devices Market by Product, 2017 - 2020, USD Thousands
TABLE 92 Rest of Europe Refractive Surgery Devices Market by Product, 2021 - 2027, USD Thousands
TABLE 93 Rest of Europe Refractive Surgery Devices Market by End Use, 2017 - 2020, USD Thousands
TABLE 94 Rest of Europe Refractive Surgery Devices Market by End Use, 2021 - 2027, USD Thousands
TABLE 95 key Information – Carl Zeiss Meditec AG
TABLE 96 key Information – Topcon Corporation
TABLE 97 Key Information – Novartis AG
TABLE 98 Key Information – Glaukos Corporation
TABLE 99 Key information –Johnson & Johnson
TABLE 100 Key Information – EssilorLuxottica SA
TABLE 101 key information – Bausch Health Companies, Inc.
TABLE 102 Key Information – SCHWIND Eye-Tech-Solutions GmbH
TABLE 103 Key Information – Nidek Co., Ltd.
TABLE 104 Key Information – Quantel Medical (Lumibird Group)
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2017-2021)
FIG 4 Key Strategic Move: (Product Launches and Product Expansions : 2017, Feb – 2021, Jul) Leading Players
FIG 5 Recent Strategies and Developments: Carl Zeiss Meditec AG
FIG 6 Recent Strategies and Developments: Topcon Corporation
FIG 7 Recent Strategies and Developments: Johnson & Johnson
FIG 8 Recent Strategies and Developments: Bausch Health Companies, Inc.