The global refractive surgery market is estimated to be valued at USD 253.3 Mn in 2025 and is expected to reach USD 475.3 Mn by 2032, exhibiting a compound annual growth rate (CAGR) of 9.4% from 2025 to 2032.
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The demand for refractive surgeries is expected to grow sharply over the next decade. Factors such as rising awareness about refractive surgery procedures, increasing prevalence of myopia, and growing focus on aesthetics will drive the market growth. Furthermore, ongoing technological advancements in this field have improved outcomes and safety profiles of different refractive surgeries. Many new players like Breg, Inc. and Medytox are entering this lucrative market with advanced technology and treatments to meet the increasing demand. However, high cost of surgery and post-surgery complications continue to limit full market potential.
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