LASIK Eye Surgery Devices Market Sees Steady Growth Amid Innovations and Rising Vision Correction Demand

LASIK Eye Surgery Devices Market Size and Forecast 2025 to 2034

The global LASIK eye surgery devices market size was calculated at USD 1.87 billion in 2024 and is predicted to increase from USD 1.97 billion in 2025 to approximately USD 3.14 billion by 2034, expanding at a CAGR of 5.30% from 2025 to 2034. The market is growing due to the rising demand for LASIK eye surgery devices worldwide, driven by applications in LASIK eye centers, hospitals, ambulatory surgical centers, and others.

LASIK Eye Surgery Devices Market Key Takeaways

• In terms of revenue, the global LASIK eye surgery devices market was valued at USD 1.87 billion in 2024.
• It is projected to reach USD 3.14 billion by 2034.
• The market is expected to grow at a CAGR of 5.30% from 2025 to 2034.
• North America dominated the market with the largest share of 35.70% in 2024.
• Asia Pacific is expected to experience considerable growth over the forecast period.
• By product, the femtosecond laser segment held the largest share of the market in 2024.
• By product, the excimer laser system segment is predicted to be the fastest-growing segment over the forecast period.
• By end-use, the LASIK eye centers segment accounted for the largest market share in 2024.
• By end-use, the ambulatory surgical centers (ASCs) segment is the fastest-growing segment in the LASIK eye surgery devices market during the forecast period.

U.S. LASIK Eye Surgery Devices Market Size and Growth 2025 to 2034

The U.S. LASIK eye surgery devices market size was exhibited at USD 622.53 million in 2024 and is projected to be worth around USD 942.37 million by 2034, growing at a CAGR of 4.20% from 2025 to 2034.

North America led the market with the biggest market share of 35.70% in 2024. The region boasts a well-maintained medical infrastructure featuring advanced hospitals, ophthalmic clinics, and ambulatory surgery infrastructure, facilitating the widespread acceptance of LASIK eye surgery techniques. Additionally, North America leads in technological advancements, with substantial investments in research and development related to ophthalmic devices and methods. This commitment has resulted in the availability of advanced LASIK eye surgery devices, including excimer laser systems and femtosecond lasers, ensuring superior surgical outcomes.

• According to an ARVO Annual Meeting Abstract in June 2022, North Canada reported an overall prevalence of 33% for myopia, 29% for hyperopia, and 66% for astigmatism. The significant prevalence of vision disorders is anticipated to drive market growth in the region.

Asia Pacific is expected to experience considerable growth in the LASIK eye surgery devices market over the forecast period due to several factors. Firstly, the region's substantial and expanding population, including many individuals with refractive errors, presents a considerable market opportunity. Increased awareness of the benefits of LASIK eye surgeries, growing disposable incomes, and improved healthcare infrastructure contribute to the rising demand for these procedures in the region. Furthermore, the presence of emerging economies like China and India, with their expanding middle-class population, has made LASIK eye surgery procedures more affordable.

• In May 2022, Sohana Hospital in Mohali, India, introduced the Contoura Vision LASIK treatment to eliminate the need for spectacles. The LASIK surgery can be completed in under 10 minutes.

Market Overview

LASIK eye surgery, often referred to as laser eye surgery or laser vision correction, is a refractive surgery used to address vision issues such as hyperopia (farsightedness), myopia (nearsightedness), and astigmatism. LASIK stands for laser-assisted in situ keratomileusis, a procedure that permanently reshapes the cornea using a laser beam. There are various types of surgeries for vision correction, including wavefront-optimized, wavefront-guided, and topography-guided. LASIK eye surgery devices are used to complete these surgeries successfully.

LASIK Eye Surgery Devices Market Growth Factors

• The growth of the LASIK eye surgery devices market is primarily driven by technological advancements in developed countries' healthcare sectors.
• The market value is being propelled by the increasing number of people suffering from ophthalmic disorders, which can be attributed to unhealthy eating habits and changing lifestyles.
• The LASIK eye surgery devices market is further bolstered by the increasing demand for minimally invasive surgical procedures worldwide and major players' significant investments in the eye care sector.
• The market demand is accelerating due to the advantages of minimally invasive surgical procedures, including minimum blood loss, less discomfort, smaller incision length, and shorter hospitalization stays.
• Opportunities in the LASIK eye surgery devices market will likely arise over the forecast period due to the high accuracy associated with the femtosecond laser compared to the excimer laser.

LASIK Eye Surgery Devices Market Scope

Market Dynamics

Drivers

Innovations in LASIK eye surgery

Recent studies indicate a growing interest in the innovative LASIK laser eye surgery devices, with the business expected to continue its remarkable expansion year after year. A record number of individuals are opting for this procedure, contributing to the rising demand for LASIK surgery to correct vision problems such as myopia, hyperopia, and astigmatism through refractive surgery, with LASIK being the most common type. The global increase in eye issues further supports the growth of the LASIK industry, which is also fueled by government spending on research and development. Furthermore, the growing prevalence of myopia is anticipated to drive the growth of the LASIK eye surgery devices market.

• According to a 2023 National Center for Biotechnology Information (NCBI) report, current data indicates that myopia affects approximately REDACTED% of the U.S. population. Moreover, a study examining changes in myopia prevalence over 30 years revealed a significant REDACTED% increase in the U.S. These statistics underscore the increasing incidence of myopia, emphasizing the demand for practical solutions.

Rise in age-related diseases

The rise in age-related issues significantly contributes to the growing prevalence of eye disorders like cataracts and refractive errors. Additionally, increased screen time has led to a higher incidence of vision problems, particularly among children and adults. Consequently, LASIK treatment, which can alleviate symptoms associated with age-related macular degeneration and other eye conditions, and the LASIK eye surgery devices market is gaining greater acceptance.

Restraint

High-costs

Costs associated with LASIK surgeries pose a significant challenge in the LASIK eye surgery devices market. The procedure can be expensive, limiting access for individuals with limited financial resources or insurance coverage. The economic burden includes preoperative evaluations, follow-up visits, surgical fees, and postoperative care. The cost of LASIK eye surgery devices and equipment also adds to the expense.

Opportunities

Prospectives into myopia treatment

Nearsightedness (myopia) is a common vision condition where people can see nearby objects clearly but may find distant objects blurry. LASIK surgery is effective in eliminating the near focus caused by myopia. Personalized LASIK surgery to treat myopia will drive the segment's growth in the coming years. The rising prevalence of myopia globally is a key factor contributing to the development of the LASIK eye surgery devices market.

• The International Myopia Institute reported in January 2022 that nearly 30% of the world's population is currently myopic, and it's projected that almost 50% may be myopic by 2050. With personalized LASIK surgery being a contemporary solution for myopia treatment, the demand for LASIK surgeries to address myopia is expected to increase in the forecast period.

Increase in the number of eye conditions

The LASIK eye surgery sector is growing due to various factors, including the increasing number of people experiencing eye conditions, a rise in healthcare spending, a demand for minimally invasive surgical treatments, and a growing number of eye care centers adopting personalized LASIK technology. Eye-related illnesses are becoming more prevalent in teens and millennials due to prolonged screen usage and poor diets. Common causes of visual impairments in the older population include Cataracts, age-related macular degeneration, diabetes, glaucoma, trachoma, and corneal opacity. Increasing awareness about the effectiveness and safety of technological advancements and increased government funding are creating opportunities in the LASIK eye surgery devices market.

• In October 2022, Stanford University School of Medicine in the United States initiated a research study to compare the results of wavefront-guided LASIK and topography-guided LASIK in randomized contralateral buddy eye examinations of nearsighted individuals.

Advantages of LASIK surgery over traditional methods

LASIK eye surgery brings several advantages over conventional approaches such as contact lenses or glasses, enhancement of visual acuity, reduction of dependence on glasses or contacts, and clearer vision, particularly for those with heightened refractive errors. It offers a permanent solution to refractive errors, eliminating the constant reliance on external vision aids. These advantages contribute to the growing acceptance and preference for LASIK surgery among individuals seeking lasting vision correction.

• According to an article from the American Academy of Ophthalmology in February 2022, ophthalmologists recommend reactive surgeries like LASIK for addressing vision impairment. The various benefits of personalized LASIK surgery are expected to contribute to the growth of the LASIK eye surgery devices market.

Product Insights

The femtosecond laser segment held the largest share of the LASIK eye surgery devices market in 2024. Femtosecond lasers, with their ultra-fast pulses of laser energy, are increasingly preferred over traditional microkeratomes in creating corneal flaps during LASIK surgery. Surgeons and patients favor bladeless LASIK procedures using these lasers as they ensure a more precise and predictable surgical process. Bladeless procedures eliminate the use of a mechanical blade, reducing the risk of complications like irregular flap creation.

The excimer laser system segment is predicted to be the fastest-growing segment over the forecast period. These systems use ultraviolet laser technology to reshape the cornea and correct refractive errors precisely. They provide benefits like accurate customization of treatment, quick procedure times, and minimal patient discomfort. Additionally, continuous technological advancements, such as wavefront-guided treatments and advanced eye-tracking systems, further enhance the safety and effectiveness of these systems.

End User Insight

The LASIK eye centers segment accounted for the highest share of the LASIK eye surgery devices market in 2024. In an ideal world-class LASIK center, you would find all the necessary cornea diagnostic equipment for a pre-LASIK checkup, including pachymetry, OCT, and topography. The presence of a trained cornea and LASIK surgeon, along with a skilled support staff, enhances the center's capabilities. The more equipped the center is, the better choices you can make regarding the most suitable type of LASIK for your needs.

The ambulatory surgical centers (ASCs) segment is expected to witness the fastest growth in the LASIK eye surgery devices market during the forecast period. These outpatient facilities specialize in same-day surgical services that also involve LASIK eye surgery. Several factors drive the rapid growth of ASCs in this market. ASCs provide an ideal environment for conducting LASIK procedures, combining the benefits of a surgical facility with the comfort of an outpatient option. Patients can undergo surgery in a desirable setting without the requirement of prolonged hospitalization, promoting quicker recovery and cost savings for patients and healthcare providers.

• In January 2023, Ospitek introduced live patient charting for Ambulatory Surgery Centers (ASCs) as part of the latest update to their proprietary surgical coordination platform, VIEW.

LASIK Eye Surgery Devices Market Companies

• Alcon, Inc. (Switzerland)
• Carl Zeiss Meditec AG (Germany)
• Johnson & Johnson Vision Care, Inc. (U.S.)
• Bausch + Lomb (U.S.)
• NIDEK CO., LTD. (Japan)
• SCHWIND eye-tech-solutions GmbH (Germany)
• Ziemer Ophthalmic Systems AG (Switzerland)
• Abbott Medical Optics (U.S.)
• Technolas Perfect Vision GmbH (Germany)
• AMO Manufacturing USA, LLC (U.S.)
• Topcon Corporation (Japan)
• Lumenis Ltd. (Israel)
• LensAR, Inc. (U.S.)
• ZEPTO Precision Cataract Surgery (U.S.)
• iVIS Technologies (Italy)
• Optovue, Inc. (U.S.)
• Beyeonics Surgical Ltd. (U.K.)

Segments Covered in the Report

By Product

• Excimer Laser
• Femtosecond Laser

By End-use

• LASIK Eye Centers
• Hospitals
• Ambulatory Surgical Centers
• Others

By Geography

• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East and Africa