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Report Buyer, the online destination for business intelligence for major industry sectors, has now added a new report on the growing market for refractive vision correction “Refractive Vision Correction Worldwide: A Market Analysis”, forecasts that the market will grow from $1.3 billion in 2006 to an estimated $4.5 billion by 2009.
Tremendous global growth is expected in the refractive vision correction (RVC) market. Many factors are combining to create a market which has not seen so many positive developments since the introduction of LASIK in the last decade. Laser vision correction remains popular and is likely to become more popular beyond the USA. There is a rapidly aging population with increased incidence of myopia and presbyopia. In addition, there are impressive technological advances, such as bladeless LASIK and phakic intraocular lens implants.
Laser vision correction has gone from strength to strength since its launch and will continue to be a dominant force in the RVC market. However, intraocular lens implants are also expected to take off; this report predicts they will represent more than 30% of refractive vision correction by 2009.
Of course there are problem areas, worldwide acceptance of RVC has been sluggish and complications related to LASIK procedures have been a persistent factor and obstacle to the acceleration of procedures. Re-treatment rates for LASIK have been as high as 18% in some studies.
This comprehensive report looks at the entire market for non-disease eye treatment procedures. It also includes market share of key competitors, current procedures and forecasts by condition and procedure, breakdown of services by provider and more.
“Refractive Vision Correction Worldwide: A Market Analysis,” is available in pdf format from Report Buyer.
Report Buyer product ID: KAL00008
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