Prominent Players - Microkeratome Industry

Jul, 2023 - by CMI

Prominent Players - Microkeratome Industry

A microkeratome is a precise medical instrument with a reciprocating blade. It is utilized to create the corneal membrane in LASIK and ALK procedures. Between 500 and 600 micrometers is the typical thickness of a human cornea. A microkeratome creates an incision between 83 and 200 micrometers thick during LASIK. This instrument is used worldwide to remove the eyelid. People desiring laser eye surgery must decide between Contoura Vision, SMILE, and Bladeless LASIK, the three most common procedures. All three surgeries are safe, effective, and dependable methods for correcting vision. According to a 2019 Indian Journal of Ophthalmology study, refractive errors (RE) are a common ocular condition and need for cost-effective therapy is rising. Microkeratome is projected to be popular and effective in India. In emerging countries, uncorrected refractive error is a primary cause of vision impairment and blindness. These factors should boost market growth. The global microkeratome market will expand due to rising visual impairment in emerging economies. LASIK's popularity and industry mergers and acquisitions are projected to boost the microkeratome market. Effective surgical technologies and products will fuel market expansion during the forecast period. Key refractive surgery players are developing innovative and effective products, expanding the industry.

The market for Microkeratomes is anticipated to expand at a CAGR of 10.1% from 2020 to 2027.

Key Companies in the Microkeratome Industry:

1. Essilor International

Essilor International is an international ophthalmic optics company. It creates, makes, and sells lenses that protect or improve eyesight. It was founded in 1849 and headquartered in Charenton-le-Pont, France. It operates in over 150 countries. In Jan 2023,

2. Bausch & Lomb Incorporated

Bausch & Lomb Incorporated was founded in 1853 and headquartered in Ontario, Canada. It   operates in approximately 100 countries. In April 2023, the American Society of Cataract and Refractive Surgery (ASCRS) annual meeting will be held in San Diego in May 2023. Bausch + Lomb Corporation (NYSE/TSX: BLCO) ("Bausch + Lomb"), a leading global eye health company committed to assisting people see better to live better, announced today the presentation of 21 podium presentations and four poster presentations relating to the company's products and pipeline programs.

3. Johnson & Johnson Vision Care

Johnson & Johnson Vision is a branch of Johnson & Johnson. It has two parts: Johnson & Johnson Surgical Vision and Johnson & Johnson Vision Care. Services include Intraocular lenses, laser vision correction systems, phacoemulsification systems, viscoelastic, Microkeratomes, and other goods used in cataract and refractive surgery. It was founded in 1886 and headquartered in  New JerseyU.S. It operates in 24 countries.

4. CooperVision

CooperVision was founded in 1980 and headquartered in California

United States of America. It operates in over 100 countries. In April 2023, CooperVision is currently accepting submissions for its 2023 Science and Technology Awards program in an effort to encourage the ongoing development of contact lens research.

5. Carl Zeiss AG

Carl Zeiss AG is a German manufacturer of optical systems and optoelectronics, founded in 1846 and headquartered in Baden-Württemberg, Germany. It operates in around 50 countries. In April 2023, the CT LUCIA® 621P Monofocal IOL from ZEISS has been approved by the U.S. Food and Drug Administration (FDA). It is an aspheric, monofocal, single-piece C-loop IOL. The IOL incorporates the patented ZEISS Optic (ZO) Asphericity Concept, which is designed to compensate for a wide spectrum of spherical aberrations and optimize visual outcomes in the event of potential lens decentration and misalignment.

6. Hoya Corporation

Hoya Corporation is a Japanese company manufacturing optical products  was founded in 1941 and headquartered in Tokyo, Japan. It operates in more than 30 countries.

7. Alcon, Inc

Alcon, Inc is a Swiss-American pharmaceutical and medical device company specializing in eye care products. It was founded in 1945 and headquartered in Geneva, Switzerland. It operates in 60 countries. In May 2023, new head-to-head data will compare monofocal IOLs from Clareon and TECNIS. Monofocal IOLs offer a comparable field of vision

8. STAAR Surgical Company

STAAR Surgical Company was founded in 1982and headquartered in. It   operates in over 75 countries. In November 2022, STAAR Surgical opened its EVO Experience Center in the United States .The facility is now a hub for the EVO lens-based experience for ophthalmic surgeons, personnel, and healthcare professionals.

9. Abbott Medical Optics Inc

Abbott Medical Optics Inc was founded in 2004 and headquartered in California, United States. It   operates in more than 160 countries.

10. Novartis AG

Novartis AG is a Swiss multinational pharmaceutical corporation, was founded in 1996 and headquartered in Basel, Switzerland. It operates in about 140 countries.

Definition : microkeratome is a precision surgical instrument with an oscillating blade designed for creating the corneal flap in LASIK or ALK surgery.

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