The Latin America, Middle East and Africa Refractive Surgery Devices Market would witness market growth of 10.5% CAGR during the forecast period (2021-2027).
The common treatment which is used to improve or correct vision problems is Refractive surgery. It helps in eliminating or decreasing the dependency on eyeglasses and contact lenses. Several surgical treatments such as remodeling the cornea, lens implantation, or round dome at the front of the eye, are used to correct or improve the refractive state of the eye. The equipment used while performing these surgeries is known as refractive surgery equipment.
In the emerging nations, this market is lacking behind and has been limited, owing to the lesser number of skilled people who are well-trained in the proper use of surgical devices for correcting refractive errors. In addition, the population in these nations is witnessing poverty, backwardness, and lack of awareness due to which patients are not aware of the treatments and surgeries. For instance, WHO stated that more than 80% population in Rwanda, an African country, is suffering from the problem of incorrect refractive errors. This can be cured but people in that region are not highly aware and also, there is a lack of ophthalmic surgical devices. In comparison with developed nations, the population of developing nations is having a greater number of cases related to blindness.
The increasing usage of digital devices like computers, laptops, and smartphones is one of the major issues behind the growing cases of eye-related problems in this region, which is expected to accelerate the demand for refractive surgery devices. In addition, the growing adoption of various advanced medical devices is also supporting the regional refractive surgery devices market forward.
Moreover, the growing aging population in this region who are more prone to eye-related diseases like Glaucoma is among the key aspects boosting the adoption of automated visual field analyzers in this region. However, the high cost of automated visual field analyzers may restrict various hospitals and medical centers to use this device, which may possess a challenge to the regional market growth in the coming years.
The Hospitals market dominated the South Africa Refractive Surgery Devices Market by End Use in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $1,678.1 Thousands by 2027. The Ophthalmology Clinics market is expected to witness a CAGR of 11.5% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Refractive Surgery Devices Market is Predict to reach $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
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
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 LAMEA Refractive Surgery Devices Market, by Application
1.4.2 LAMEA Refractive Surgery Devices Market, by Product
1.4.3 LAMEA Refractive Surgery Devices Market, by End Use
1.4.4 LAMEA 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. LAMEA Refractive Surgery Devices Market by Application
4.1 LAMEA Astigmatism Market by Country
4.2 LAMEA Myopia Market by Country
4.3 LAMEA Hyperopia Market by Country
4.4 LAMEA Presbyopia Market by Country
4.5 LAMEA Dry eyes Market by Country
Chapter 5. LAMEA Refractive Surgery Devices Market by Product
5.1.1.1 LAMEA Lasers Market by Country
5.2 LAMEA Microkeratome Market by Country
5.3 LAMEA Aberrometers Market by Country
5.4 LAMEA Other Products Market by Country
Chapter 6. LAMEA Refractive Surgery Devices Market by End Use
6.1 LAMEA Ophthalmology Clinics Market by Country
6.2 LAMEA Hospitals Market by Country
6.3 LAMEA Ambulatory surgery centers Market by Country
Chapter 7. LAMEA Refractive Surgery Devices Market by Country
7.1 Brazil Refractive Surgery Devices Market
7.1.1 Brazil Refractive Surgery Devices Market by Application
7.1.2 Brazil Refractive Surgery Devices Market by Product
7.1.3 Brazil Refractive Surgery Devices Market by End Use
7.2 Argentina Refractive Surgery Devices Market
7.2.1 Argentina Refractive Surgery Devices Market by Application
7.2.2 Argentina Refractive Surgery Devices Market by Product
7.2.3 Argentina Refractive Surgery Devices Market by End Use
7.3 UAE Refractive Surgery Devices Market
7.3.1 UAE Refractive Surgery Devices Market by Application
7.3.2 UAE Refractive Surgery Devices Market by Product
7.3.3 UAE Refractive Surgery Devices Market by End Use
7.4 Saudi Arabia Refractive Surgery Devices Market
7.4.1 Saudi Arabia Refractive Surgery Devices Market by Application
7.4.2 Saudi Arabia Refractive Surgery Devices Market by Product
7.4.3 Saudi Arabia Refractive Surgery Devices Market by End Use
7.5 South Africa Refractive Surgery Devices Market
7.5.1 South Africa Refractive Surgery Devices Market by Application
7.5.2 South Africa Refractive Surgery Devices Market by Product
7.5.3 South Africa Refractive Surgery Devices Market by End Use
7.6 Nigeria Refractive Surgery Devices Market
7.6.1 Nigeria Refractive Surgery Devices Market by Application
7.6.2 Nigeria Refractive Surgery Devices Market by Product
7.6.3 Nigeria Refractive Surgery Devices Market by End Use
7.7 Rest of LAMEA Refractive Surgery Devices Market
7.7.1 Rest of LAMEA Refractive Surgery Devices Market by Application
7.7.2 Rest of LAMEA Refractive Surgery Devices Market by Product
7.7.3 Rest of LAMEA 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 LAMEA Refractive Surgery Devices Market, 2017 - 2020, USD Thousands
TABLE 2 LAMEA 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 LAMEA Refractive Surgery Devices Market by Application, 2017 - 2020, USD Thousands
TABLE 8 LAMEA Refractive Surgery Devices Market by Application, 2021 - 2027, USD Thousands
TABLE 9 LAMEA Astigmatism Market by Country, 2017 - 2020, USD Thousands
TABLE 10 LAMEA Astigmatism Market by Country, 2021 - 2027, USD Thousands
TABLE 11 LAMEA Myopia Market by Country, 2017 - 2020, USD Thousands
TABLE 12 LAMEA Myopia Market by Country, 2021 - 2027, USD Thousands
TABLE 13 LAMEA Hyperopia Market by Country, 2017 - 2020, USD Thousands
TABLE 14 LAMEA Hyperopia Market by Country, 2021 - 2027, USD Thousands
TABLE 15 LAMEA Presbyopia Market by Country, 2017 - 2020, USD Thousands
TABLE 16 LAMEA Presbyopia Market by Country, 2021 - 2027, USD Thousands
TABLE 17 LAMEA Dry eyes Market by Country, 2017 - 2020, USD Thousands
TABLE 18 LAMEA Dry eyes Market by Country, 2021 - 2027, USD Thousands
TABLE 19 LAMEA Refractive Surgery Devices Market by Product, 2017 - 2020, USD Thousands
TABLE 20 LAMEA Refractive Surgery Devices Market by Product, 2021 - 2027, USD Thousands
TABLE 21 LAMEA Lasers Market by Country, 2017 - 2020, USD Thousands
TABLE 22 LAMEA Lasers Market by Country, 2021 - 2027, USD Thousands
TABLE 23 LAMEA Microkeratome Market by Country, 2017 - 2020, USD Thousands
TABLE 24 LAMEA Microkeratome Market by Country, 2021 - 2027, USD Thousands
TABLE 25 LAMEA Aberrometers Market by Country, 2017 - 2020, USD Thousands
TABLE 26 LAMEA Aberrometers Market by Country, 2021 - 2027, USD Thousands
TABLE 27 LAMEA Other Products Market by Country, 2017 - 2020, USD Thousands
TABLE 28 LAMEA Other Products Market by Country, 2021 - 2027, USD Thousands
TABLE 29 LAMEA Refractive Surgery Devices Market by End Use, 2017 - 2020, USD Thousands
TABLE 30 LAMEA Refractive Surgery Devices Market by End Use, 2021 - 2027, USD Thousands
TABLE 31 LAMEA Ophthalmology Clinics Market by Country, 2017 - 2020, USD Thousands
TABLE 32 LAMEA Ophthalmology Clinics Market by Country, 2021 - 2027, USD Thousands
TABLE 33 LAMEA Hospitals Market by Country, 2017 - 2020, USD Thousands
TABLE 34 LAMEA Hospitals Market by Country, 2021 - 2027, USD Thousands
TABLE 35 LAMEA Ambulatory surgery centers Market by Country, 2017 - 2020, USD Thousands
TABLE 36 LAMEA Ambulatory surgery centers Market by Country, 2021 - 2027, USD Thousands
TABLE 37 LAMEA Refractive Surgery Devices Market by Country, 2017 - 2020, USD Thousands
TABLE 38 LAMEA Refractive Surgery Devices Market by Country, 2021 - 2027, USD Thousands
TABLE 39 Brazil Refractive Surgery Devices Market, 2017 - 2020, USD Thousands
TABLE 40 Brazil Refractive Surgery Devices Market, 2021 - 2027, USD Thousands
TABLE 41 Brazil Refractive Surgery Devices Market by Application, 2017 - 2020, USD Thousands
TABLE 42 Brazil Refractive Surgery Devices Market by Application, 2021 - 2027, USD Thousands
TABLE 43 Brazil Refractive Surgery Devices Market by Product, 2017 - 2020, USD Thousands
TABLE 44 Brazil Refractive Surgery Devices Market by Product, 2021 - 2027, USD Thousands
TABLE 45 Brazil Refractive Surgery Devices Market by End Use, 2017 - 2020, USD Thousands
TABLE 46 Brazil Refractive Surgery Devices Market by End Use, 2021 - 2027, USD Thousands
TABLE 47 Argentina Refractive Surgery Devices Market, 2017 - 2020, USD Thousands
TABLE 48 Argentina Refractive Surgery Devices Market, 2021 - 2027, USD Thousands
TABLE 49 Argentina Refractive Surgery Devices Market by Application, 2017 - 2020, USD Thousands
TABLE 50 Argentina Refractive Surgery Devices Market by Application, 2021 - 2027, USD Thousands
TABLE 51 Argentina Refractive Surgery Devices Market by Product, 2017 - 2020, USD Thousands
TABLE 52 Argentina Refractive Surgery Devices Market by Product, 2021 - 2027, USD Thousands
TABLE 53 Argentina Refractive Surgery Devices Market by End Use, 2017 - 2020, USD Thousands
TABLE 54 Argentina Refractive Surgery Devices Market by End Use, 2021 - 2027, USD Thousands
TABLE 55 UAE Refractive Surgery Devices Market, 2017 - 2020, USD Thousands
TABLE 56 UAE Refractive Surgery Devices Market, 2021 - 2027, USD Thousands
TABLE 57 UAE Refractive Surgery Devices Market by Application, 2017 - 2020, USD Thousands
TABLE 58 UAE Refractive Surgery Devices Market by Application, 2021 - 2027, USD Thousands
TABLE 59 UAE Refractive Surgery Devices Market by Product, 2017 - 2020, USD Thousands
TABLE 60 UAE Refractive Surgery Devices Market by Product, 2021 - 2027, USD Thousands
TABLE 61 UAE Refractive Surgery Devices Market by End Use, 2017 - 2020, USD Thousands
TABLE 62 UAE Refractive Surgery Devices Market by End Use, 2021 - 2027, USD Thousands
TABLE 63 Saudi Arabia Refractive Surgery Devices Market, 2017 - 2020, USD Thousands
TABLE 64 Saudi Arabia Refractive Surgery Devices Market, 2021 - 2027, USD Thousands
TABLE 65 Saudi Arabia Refractive Surgery Devices Market by Application, 2017 - 2020, USD Thousands
TABLE 66 Saudi Arabia Refractive Surgery Devices Market by Application, 2021 - 2027, USD Thousands
TABLE 67 Saudi Arabia Refractive Surgery Devices Market by Product, 2017 - 2020, USD Thousands
TABLE 68 Saudi Arabia Refractive Surgery Devices Market by Product, 2021 - 2027, USD Thousands
TABLE 69 Saudi Arabia Refractive Surgery Devices Market by End Use, 2017 - 2020, USD Thousands
TABLE 70 Saudi Arabia Refractive Surgery Devices Market by End Use, 2021 - 2027, USD Thousands
TABLE 71 South Africa Refractive Surgery Devices Market, 2017 - 2020, USD Thousands
TABLE 72 South Africa Refractive Surgery Devices Market, 2021 - 2027, USD Thousands
TABLE 73 South Africa Refractive Surgery Devices Market by Application, 2017 - 2020, USD Thousands
TABLE 74 South Africa Refractive Surgery Devices Market by Application, 2021 - 2027, USD Thousands
TABLE 75 South Africa Refractive Surgery Devices Market by Product, 2017 - 2020, USD Thousands
TABLE 76 South Africa Refractive Surgery Devices Market by Product, 2021 - 2027, USD Thousands
TABLE 77 South Africa Refractive Surgery Devices Market by End Use, 2017 - 2020, USD Thousands
TABLE 78 South Africa Refractive Surgery Devices Market by End Use, 2021 - 2027, USD Thousands
TABLE 79 Nigeria Refractive Surgery Devices Market, 2017 - 2020, USD Thousands
TABLE 80 Nigeria Refractive Surgery Devices Market, 2021 - 2027, USD Thousands
TABLE 81 Nigeria Refractive Surgery Devices Market by Application, 2017 - 2020, USD Thousands
TABLE 82 Nigeria Refractive Surgery Devices Market by Application, 2021 - 2027, USD Thousands
TABLE 83 Nigeria Refractive Surgery Devices Market by Product, 2017 - 2020, USD Thousands
TABLE 84 Nigeria Refractive Surgery Devices Market by Product, 2021 - 2027, USD Thousands
TABLE 85 Nigeria Refractive Surgery Devices Market by End Use, 2017 - 2020, USD Thousands
TABLE 86 Nigeria Refractive Surgery Devices Market by End Use, 2021 - 2027, USD Thousands
TABLE 87 Rest of LAMEA Refractive Surgery Devices Market, 2017 - 2020, USD Thousands
TABLE 88 Rest of LAMEA Refractive Surgery Devices Market, 2021 - 2027, USD Thousands
TABLE 89 Rest of LAMEA Refractive Surgery Devices Market by Application, 2017 - 2020, USD Thousands
TABLE 90 Rest of LAMEA Refractive Surgery Devices Market by Application, 2021 - 2027, USD Thousands
TABLE 91 Rest of LAMEA Refractive Surgery Devices Market by Product, 2017 - 2020, USD Thousands
TABLE 92 Rest of LAMEA Refractive Surgery Devices Market by Product, 2021 - 2027, USD Thousands
TABLE 93 Rest of LAMEA Refractive Surgery Devices Market by End Use, 2017 - 2020, USD Thousands
TABLE 94 Rest of LAMEA 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.