Eye Surgery Clinics in the US - Industry Market Research Report

Clear vision: Eye surgery clinics will exhibit growth due to high efficacy rates of LASIK surgery

The Eye Surgery Clinics industry has benefited from an estimated 150.0 million individuals that require some form of vision correction, according to the American Academy of Ophthalmology (AAO). According to a Consumer Reports National Research Center survey of individuals that have received laser vision correction surgery, a large share of consumers has reported that an integral factor in opting for the medical procedure was to eliminate the use of glasses and contact lenses. Due to the elective nature of corrective eye surgery, insurance companies do not cover most costs, which has constrained consumer demand for industry services. Nevertheless, many health insurance providers have been able to negotiate discounts with providers of LASIK procedures, which has enabled some eye surgery clinics to appeal to budget-conscious consumers during the period. This industry includes clinics that primarily provide vision correction surgery, also known as refractive and laser eye surgery, using laser equipment. This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.