Personalized LASIK Surgery Market Size, Share, Growth Analysis, By Surgery type(Wavefront-guided LASIK, Wavefront-optimized LASIK, Bladeless LASIK, Presby LASIK), By Indication(Myopia, Hyperopia, Presbyopia, Astigmatism), By End-User(Hospitals, Clinics, Ambulatory Surgical Centers, Other end Users), By Region - Industry Forecast 2024-2031

Global Personalized LASIK Surgery Market size was valued at USD 1.66 Billion in 2019 and is poised to grow from USD 1.71 Billion in 2023 to USD 2.18 Billion by 2031, at a CAGR of 3.10 % during the forecast period (2024-2031).

Personalized or personalised LASIK surgery is a safer variant of the regular LASIK operation that uses the most advanced laser vision technology to take 3-dimensional measurements of the individual's eye and improves the ophthalmologist's ability to reshape the cornea. Personalized LASIK surgery recognises the distinctive features of each individual's eyes and provides more accurate vision repair. This allows for more accurate, personalised eyesight correction results. According to the American Academy of Ophthalmology, approximately 34% of the U.S. population wears glasses or lenses owing to vision problems. An estimated 25% of people worldwide choose laser eye sight correction surgery.

Rising popularity of corrective eye surgery is likely to fuel market expansion. Some of the factors expected to fuel market expansion over the forecast period include the introduction of technologically sophisticated equipment, an increase in the number of eye care clinics offering customised LASIK operations, and increased knowledge about efficacy and safety. Many companies and government agencies are now offering assistance to people with visual impairments, which is expected to enhance market demand. For example, the National Eye Institute supports research and new product development procedures in the field of eye care. Other comparable programmes include the BlueCross Blue Shield QualSight programme, which provides reductions on LASIK surgery costs to Federal Employees.

US Personalized LASIK Surgery Market is poised to grow at a sustainable CAGR for the next forecast year.