2022 Refractive Surgery Market Report: Global Analysis for 2021 to 2027
Market Scope forecasts that the global refractive surgery industry will generate $12 billion in total retail revenue in 2027—up from $8.9 billion in 2022—for a compound growth rate of 6.2 percent. The health care research company expects revenue at the manufacturer level to grow from $1.7 billion in 2022 to $2.3 billion in 2027, for a compound growth rate of 6.5 percent. Lens-based refractive procedures and lenticular extraction per-procedure fees are the main drivers of refractive market growth. Acc to Eyewire magazine
Refractive Surgery Market report
The “2022 Refractive Surgery Market Report” analyzes the global refractive and presbyopia-correcting market, identifying important trends and key factors for future success. It focuses on the 2022 refractive and presbyopia-correcting surgical market and forecasts market growth and evolution over the next five years. Included are discussions and market estimates for LASIK, lenticular extraction, phakic IOLs, refractive lens exchange (RLE), and other technologies that may disrupt the market.
Market Scope estimates that all refractive procedures bounced back strongly in 2021 as the market recovered from the pandemic, and estimates that laser-based procedure volumes were flat or declined in most regions from 2021 to 2022. From 2023 forward, Market Scope expects modest growth but more aggressive growth in lens-based refractive procedures. Refractive lens exchange procedures and phakic IOLs have experienced rapid growth in the past 5 years, and Market Scope looks for this growth to outpace laser-based procedures—mainly driven by advancements in lens technologies and increased surgeon adoption of phakic IOLs in most regions.
Market Scope looks at the latest trends in the refractive segment in its new “2022 Refractive Surgery Market Report.”
