The North America Refractive Surgery Devices Market would witness market growth of 8.6% CAGR during the forecast period (2021-2027).
Refractive surgeries are performed to correct or improve refractive errors like presbyopia, astigmatism, farsightedness (hyperopia), and near-sightedness (myopia). There are many types of devices used to perform these surgeries are femtosecond lasers, YAG lasers, microkeratomes, and excimer lasers.
The determinants like technological developments in LASIK surgery, rising number of incidences of ophthalmic diseases, and huge population wearing spectacles are expected to fuel the refractive surgery devices market in the upcoming years. This market will possibly raise awareness among the population about new treatment options & the latest developments in the devices and display lucrative opportunities for markets that are still unused.
North America is a developed region and major market players exist in this region. The growing population and surge in technological advancement are driving the growth of the regional market. As the technologies are getting advanced, people are making full use of them and spending more time on digital devices that are gradually affecting their eyesight and creating eye problems. Along with this, there is an increase in the aging population, which is accountable for surging the demand for surgical devices and hence, driving the growth of the regional market.
Further, the availability of reimbursement policies, the rising number of hospitals, and the increasing rate of incidents would propel the demand for surgical devices in this region. Another factor attributed to surge in the market growth is the trend of working from home. The number of the workforce in this region is spending more time on desktop and laptop that is straining their eye-sight. Thus, there is an increase in the number of patients suffering from eye problems and therefore, propelling the growth of the refractive surgery devices market in this region.
The USA market dominated the North America Hyperopia Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $21,430.8 Thousands by 2027. The Canada market is experiencing a CAGR of 8.4% during (2021 - 2027). Additionally, The Mexico market would witness a CAGR of 10.6% 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 U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Refractive Surgery Devices Market is Estimated to Reach USD 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
- US
- Canada
- Mexico
- Rest of North America
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 North America Refractive Surgery Devices Market, by Application
1.4.2 North America Refractive Surgery Devices Market, by Product
1.4.3 North America Refractive Surgery Devices Market, by End Use
1.4.4 North America 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. North America Refractive Surgery Devices Market by Application
4.1 North America Astigmatism Market by Country
4.2 North America Myopia Market by Country
4.3 North America Hyperopia Market by Country
4.4 North America Presbyopia Market by Country
4.5 North America Dry eyes Market by Country
Chapter 5. North America Refractive Surgery Devices Market by Product
5.1 North America Lasers Market by Country
5.2 North America Microkeratome Market by Country
5.3 North America Aberrometers Market by Country
5.4 North America Other Products Market by Country
Chapter 6. North America Refractive Surgery Devices Market by End Use
6.1 North America Ophthalmology Clinics Market by Country
6.2 North America Hospitals Market by Country
6.3 North America Ambulatory surgery centers Market by Country
Chapter 7. North America Refractive Surgery Devices Market by Country
7.1 USA Refractive Surgery Devices Market
7.1.1 USA Refractive Surgery Devices Market by Application
7.1.2 USA Refractive Surgery Devices Market by Product
7.1.3 USA Refractive Surgery Devices Market by End Use
7.2 Canada Refractive Surgery Devices Market
7.2.1 Canada Refractive Surgery Devices Market by Application
7.2.2 Canada Refractive Surgery Devices Market by Product
7.2.3 Canada Refractive Surgery Devices Market by End Use
7.3 Mexico Refractive Surgery Devices Market
7.3.1 Mexico Refractive Surgery Devices Market by Application
7.3.2 Mexico Refractive Surgery Devices Market by Product
7.3.3 Mexico Refractive Surgery Devices Market by End Use
7.4 Rest of North America Refractive Surgery Devices Market
7.4.1 Rest of North America Refractive Surgery Devices Market by Application
7.4.2 Rest of North America Refractive Surgery Devices Market by Product
7.4.3 Rest of North America 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 North America Refractive Surgery Devices Market, 2017 - 2020, USD Thousands
TABLE 2 North America 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 North America Refractive Surgery Devices Market by Application, 2017 - 2020, USD Thousands
TABLE 8 North America Refractive Surgery Devices Market by Application, 2021 - 2027, USD Thousands
TABLE 9 North America Astigmatism Market by Country, 2017 - 2020, USD Thousands
TABLE 10 North America Astigmatism Market by Country, 2021 - 2027, USD Thousands
TABLE 11 North America Myopia Market by Country, 2017 - 2020, USD Thousands
TABLE 12 North America Myopia Market by Country, 2021 - 2027, USD Thousands
TABLE 13 North America Hyperopia Market by Country, 2017 - 2020, USD Thousands
TABLE 14 North America Hyperopia Market by Country, 2021 - 2027, USD Thousands
TABLE 15 North America Presbyopia Market by Country, 2017 - 2020, USD Thousands
TABLE 16 North America Presbyopia Market by Country, 2021 - 2027, USD Thousands
TABLE 17 North America Dry eyes Market by Country, 2017 - 2020, USD Thousands
TABLE 18 North America Dry eyes Market by Country, 2021 - 2027, USD Thousands
TABLE 19 North America Refractive Surgery Devices Market by Product, 2017 - 2020, USD Thousands
TABLE 20 North America Refractive Surgery Devices Market by Product, 2021 - 2027, USD Thousands
TABLE 21 North America Lasers Market by Country, 2017 - 2020, USD Thousands
TABLE 22 North America Lasers Market by Country, 2021 - 2027, USD Thousands
TABLE 23 North America Microkeratome Market by Country, 2017 - 2020, USD Thousands
TABLE 24 North America Microkeratome Market by Country, 2021 - 2027, USD Thousands
TABLE 25 North America Aberrometers Market by Country, 2017 - 2020, USD Thousands
TABLE 26 North America Aberrometers Market by Country, 2021 - 2027, USD Thousands
TABLE 27 North America Other Products Market by Country, 2017 - 2020, USD Thousands
TABLE 28 North America Other Products Market by Country, 2021 - 2027, USD Thousands
TABLE 29 North America Refractive Surgery Devices Market by End Use, 2017 - 2020, USD Thousands
TABLE 30 North America Refractive Surgery Devices Market by End Use, 2021 - 2027, USD Thousands
TABLE 31 North America Ophthalmology Clinics Market by Country, 2017 - 2020, USD Thousands
TABLE 32 North America Ophthalmology Clinics Market by Country, 2021 - 2027, USD Thousands
TABLE 33 North America Hospitals Market by Country, 2017 - 2020, USD Thousands
TABLE 34 North America Hospitals Market by Country, 2021 - 2027, USD Thousands
TABLE 35 North America Ambulatory surgery centers Market by Country, 2017 - 2020, USD Thousands
TABLE 36 North America Ambulatory surgery centers Market by Country, 2021 - 2027, USD Thousands
TABLE 37 North America Refractive Surgery Devices Market by Country, 2017 - 2020, USD Thousands
TABLE 38 North America Refractive Surgery Devices Market by Country, 2021 - 2027, USD Thousands
TABLE 39 USA Refractive Surgery Devices Market, 2017 - 2020, USD Thousands
TABLE 40 USA Refractive Surgery Devices Market, 2021 - 2027, USD Thousands
TABLE 41 USA Refractive Surgery Devices Market by Application, 2017 - 2020, USD Thousands
TABLE 42 USA Refractive Surgery Devices Market by Application, 2021 - 2027, USD Thousands
TABLE 43 USA Refractive Surgery Devices Market by Product, 2017 - 2020, USD Thousands
TABLE 44 USA Refractive Surgery Devices Market by Product, 2021 - 2027, USD Thousands
TABLE 45 USA Refractive Surgery Devices Market by End Use, 2017 - 2020, USD Thousands
TABLE 46 USA Refractive Surgery Devices Market by End Use, 2021 - 2027, USD Thousands
TABLE 47 Canada Refractive Surgery Devices Market, 2017 - 2020, USD Thousands
TABLE 48 Canada Refractive Surgery Devices Market, 2021 - 2027, USD Thousands
TABLE 49 Canada Refractive Surgery Devices Market by Application, 2017 - 2020, USD Thousands
TABLE 50 Canada Refractive Surgery Devices Market by Application, 2021 - 2027, USD Thousands
TABLE 51 Canada Refractive Surgery Devices Market by Product, 2017 - 2020, USD Thousands
TABLE 52 Canada Refractive Surgery Devices Market by Product, 2021 - 2027, USD Thousands
TABLE 53 Canada Refractive Surgery Devices Market by End Use, 2017 - 2020, USD Thousands
TABLE 54 Canada Refractive Surgery Devices Market by End Use, 2021 - 2027, USD Thousands
TABLE 55 Mexico Refractive Surgery Devices Market, 2017 - 2020, USD Thousands
TABLE 56 Mexico Refractive Surgery Devices Market, 2021 - 2027, USD Thousands
TABLE 57 Mexico Refractive Surgery Devices Market by Application, 2017 - 2020, USD Thousands
TABLE 58 Mexico Refractive Surgery Devices Market by Application, 2021 - 2027, USD Thousands
TABLE 59 Mexico Refractive Surgery Devices Market by Product, 2017 - 2020, USD Thousands
TABLE 60 Mexico Refractive Surgery Devices Market by Product, 2021 - 2027, USD Thousands
TABLE 61 Mexico Refractive Surgery Devices Market by End Use, 2017 - 2020, USD Thousands
TABLE 62 Mexico Refractive Surgery Devices Market by End Use, 2021 - 2027, USD Thousands
TABLE 63 Rest of North America Refractive Surgery Devices Market, 2017 - 2020, USD Thousands
TABLE 64 Rest of North America Refractive Surgery Devices Market, 2021 - 2027, USD Thousands
TABLE 65 Rest of North America Refractive Surgery Devices Market by Application, 2017 - 2020, USD Thousands
TABLE 66 Rest of North America Refractive Surgery Devices Market by Application, 2021 - 2027, USD Thousands
TABLE 67 Rest of North America Refractive Surgery Devices Market by Product, 2017 - 2020, USD Thousands
TABLE 68 Rest of North America Refractive Surgery Devices Market by Product, 2021 - 2027, USD Thousands
TABLE 69 Rest of North America Refractive Surgery Devices Market by End Use, 2017 - 2020, USD Thousands
TABLE 70 Rest of North America Refractive Surgery Devices Market by End Use, 2021 - 2027, USD Thousands
TABLE 71 key Information – Carl Zeiss Meditec AG
TABLE 72 key Information – Topcon Corporation
TABLE 73 Key Information – Novartis AG
TABLE 74 Key Information – Glaukos Corporation
TABLE 75 Key information –Johnson & Johnson
TABLE 76 Key Information – EssilorLuxottica SA
TABLE 77 key information – Bausch Health Companies, Inc.
TABLE 78 Key Information – SCHWIND Eye-Tech-Solutions GmbH
TABLE 79 Key Information – Nidek Co., Ltd.
TABLE 80 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.