Refractive surgery devices market to reach $1.39 billion by 2030

The refractive surgery devices and equipment market is projected to grow from $1.02 billion in 2025 to $1.09 billion in 2026, with demand rising as more patients seek vision correction procedures. The Business Research Company says the market could reach $1.39 billion by 2030, led by bladeless LASIK, femtosecond lasers and AI-powered eye mapping.

Why it matters: - Refractive surgery devices and equipment are used in procedures that correct myopia, hyperopia, presbyopia and astigmatism. - The market’s growth reflects broader access to vision correction procedures that can reduce dependence on glasses or contact lenses. - Healthcare infrastructure expansion is supporting more ophthalmic surgical centers and more outpatient refractive procedures.

What happened: - The Business Research Company released its Refractive Surgery Devices And Equipment Global Market Report 2026 – Market Size, Trends, And Forecast 2026-2035 on Aug. 26, 2026. - The report projects the market will rise from $1.02 billion in 2025 to $1.09 billion in 2026. - The report forecasts the market will reach $1.39 billion by 2030. - North America held the largest share of the global market in 2025. - Asia-Pacific ranked as the second-largest regional market in 2025. - The report covers Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, the Middle East and Africa.

The details: - The 2026 growth forecast implies a 6.8% compound annual growth rate. - The 2030 forecast implies a 6.3% compound annual growth rate. - Growth in the past period was driven by rising refractive error prevalence, stronger patient awareness of laser eye surgery, more ophthalmic surgical centers, better excimer laser technology and wider availability of outpatient refractive procedures. - Future growth is expected to come from premium refractive surgery solutions, bladeless LASIK adoption, expansion of vision correction procedures in emerging economies, more investment in advanced ophthalmic laser platforms and ongoing eye-tracking and imaging innovation. - Expected market trends include greater use of femtosecond laser systems, more minimally invasive vision correction procedures, AI-powered eye mapping, personalized laser treatment profiles and a stronger focus on surgical precision and safety. - The report says healthcare spending in the United States rose 7.5% to $4.9 trillion in 2023, citing CMS data released in December 2023. - The report’s 2026 edition adds market attractiveness scoring, total addressable market analysis, company scoring matrix graphics and tables, Excel-based forecasting dashboards, market hotspot infographics, key technology analysis and future trend analysis.

Between the lines: - The market outlook points to a shift from basic laser correction toward more personalized and technology-driven procedures. - Regional demand remains concentrated in North America and Asia-Pacific, but the report flags emerging economies as a future growth engine. - Rising healthcare spending and infrastructure investment appear to be widening the addressable base for elective eye surgery equipment.

What's next: - The market is expected to keep expanding through 2030 as clinics adopt newer laser platforms and precision-mapping tools. - Femtosecond systems, AI-assisted planning and personalized treatment profiles are likely to become more central to product competition. - The full report is available here. - A free sample of the report is available here.