Why Is the Global LASIK Eye Surgery Market Growing?

How popular is LASIK as a vision correction method? New research shows that demand for this hi-tech form of laser eye surgery is fast increasing. The number of people opting for LASIK laser eye surgery is higher than ever before, with the LASIK eye surgery market set to continue its astonishing growth year on year, according to research presented in a new report .

How fast is the LASIK market growing? According to the Global LASIK Eye Surgery Market Research Report, the LASIK eye surgery market is currently worth a whopping 1.6 billion US dollars. It’s predicted to grow at a rate of 6.7% CAGR (compound annual growth rate) in the five years from 2016 to 2022.

Why are people turning to LASIK? Since the introduction of laser eye surgery as a viable form of vision correction in the 1990s, more and more people are being convinced of its benefits, and are opting for the permanence and convenience of laser surgery in preference to using glasses or contact lenses. According to the market research report, women in particular are attracted to the aesthetic and practical benefits of LASIK surgery and are contributing to this growth we are now seeing in the LASIK eye surgery market.

LASIK laser eye surgery is the most popular form of laser eye surgery in the world, and for good reason. Compared with alternative forms of laser eye surgery like LASEK, it boasts a faster recovery time, higher precision and the possibility of correcting a wider range of eye prescriptions. This safe and effective treatment is extremely low-risk and can be carried out quickly with little to no discomfort and a shorter recovery period.

Who is choosing this form of laser eye surgery? Increasingly popular everywhere, LASIK is most commonly performed in North America, while the Asia-Pacific region is expected to be the fastest growing market over the next five years. The most common eye condition to be treated using LASIK is myopia , or short sightedness. Patients with hypermetropia and astigmatism are also turning to LASIK surgery to correct their vision.

Hi-tech, high precision laser surgery Another factor in the growth of the LASIK eye surgery market is the development of new, ultra-precise laser technology. OCL uses a combination of the world’s most advanced lasers to carry out all LASIK surgery, in a system known as Z-LASIK. The high precision achieved by this laser surgery system results in 50% less eye tissue being removed than with a standard laser.

Because of this high degree of accuracy, the Z-LASIK procedure can also be used to treat patients with higher prescriptions who may have been denied other forms of laser eye surgery. So, if you thought you weren’t eligible for laser surgery because of your high prescription, you may be now.

The global LASIK eye surgery market is growing | OCL Vision

Mr Allon Barsam

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The global LASIK eye surgery market is growing | OCL Vision

Mr Allon Barsam

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