Industry Analysis & Industry Trends
The past five years have been foggy for the Eye Surgery Clinics industry. Industry operators felt the pinch of the recession as industry performance is closely tied to general economic activity. However, the industry is poised for growth over the five years to 2020. Higher projected household incomes and an improved sense of financial stability will encourage consumers to loosen their purse strings and spend on services that they put off during the recession, including corrective surgery.... purchase to read more
Industry Report - Industry Products Chapter
According to data from TLC Laser Eye Centers, LASIK is the most frequently performed elective eye surgery in North America. In the United States, about 43 million individuals are candidates for refractive surgery to address myopia, compared with 15 million individuals that are candidates for hyperopic-related refractive surgery, according to the American Academy of Ophthalmology (AAO).
Laser vision correction
Laser-assisted in-situ kertomileusis (LASIK) accounts for 96.0% of refractive procedures performed in the United States, according to the AAO. LASIK is most commonly used to address myopia, which accounts for an estimated 49.9% of total industry revenue, followed by astigmatism (31.7%) and hyperopia (14.4%)... purchase to read more