Microkeratome Market By Product Type (Disposable, Reusable), By Application (LASIK Surgery, Cataract Surgery, Corneal Transplantation, Diabetic Retinopathy, Others), By Technology (Invasive Technology {Mechanical Bladed Microkeratomes, Excimer Laser Technology} Minimally Invasive Technology {Femtosecond Laser Technology, IntraLASIK Technology, Wavefront-Guided LASIK, Topography-Guided LASIK}), By End-User (Hospital, Ambulatory Surgical Centers (ASCs), Ophthalmic Clinics, Academic & Research Institutes), Global Market Size, Segmental analysis, Regional Overview, Company share analysis, Leading Company Profiles And Market Forecast, 2025 – 2035

Published Date: Nov 2024 | Report ID: MI1256 | 220 Pages

Industry Outlook

The Microkeratome market accounted for USD 1.06 Billion in 2024 and is expected to reach USD 1.85 Billion by 2035, growing at a CAGR of around 5.2% between 2025 and 2035. The microkeratome market defines the global market for those surgical instruments that are commercially used under the name microkeratomes and are specifically known to be used largely for ophthalmic surgeries that primarily include LASIK surgery (Laser-Assisted in Situ Keratomileusis) and several refractive eye surgeries aimed at correcting vision defects such as myopia, hypermetropia, and astigmatism. Microkeratomes are precision-cut instruments designed to cut thin accurate corneal flaps-an essential part of procedures associated with refractive surgical vision correction for myopia, hypermetropia, and astigmatism. These devices are available as hand-held, automated, or laser-assisted and differ in complexity, cost, and usage. This market has been growing with the growing incidences of refractive errors, increasing trends of LASIK surgeries, advancement in surgical technologies, and the rising demand for corrective vision. Innovations in single-use microkeratomes along with trends towards fewer invasive surgeries are also contributing significantly to the market share for microkeratomes. Manufacturers of surgical instrumentation, lasers, and other medical devices serving both hospital and outpatient surgical centers are also leading the way.

Report Scope:

ParameterDetails
Largest MarketNorth America
Fastest Growing MarketAsia Pacific
Base Year2024
Market Size in 2024USD 1.06 Billion
CAGR (2025-2035)5.2%
Forecast Years2025-2035
Historical Data2018-2024
Market Size in 2035USD 1.85 Billion
Countries CoveredU.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, Switzerland, Sweden, Finland, Netherlands, Poland, Russia, China, India, Australia, Japan, South Korea, Singapore, Indonesia, Malaysia, Philippines, Brazil, Argentina, GCC Countries, and South Africa
What We CoverMarket growth drivers, restraints, opportunities, Porter’s five forces analysis, PESTLE analysis, value chain analysis, regulatory landscape, pricing analysis by segments and region, company market share analysis, and over 10 companies
Segments CoveredProduct Type, Application, Technology, End-User, and Region

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Market Dynamics

  • Growing Demand for LASIK Drives Expansion of the Microkeratome Market

The increasing acceptance of LASIK as a relatively safe and effective alternative to glasses and contact lenses further pushes the microkeratome market. There is a very high dependency on the LASIK process involving precise corneal flap making, directly involving microkeratomes, thus transforming into an indispensable process while performing the surgery. Indeed, over 700,000 annual LASIK surgeries have been performed in the United States past and are very much in demand these days regarding vision correction procedures, as stated by the American Refractive Surgery Council. This shift to long-term treatments among patients for refractive errors acts as a decisive thrust behind the demand for advanced and reliable surgical instrumentation, including microkeratomes.

The steady advance in LASIK technology that improves safety and recovery times further accelerates the market. As LASIK becomes popular and the number of people who opt to have eye surgeries increases, the demand for precision microkeratomes is bound to expand indefinitely.

  • Aging Population Drives Demand for Microkeratome Systems

The key driver for microkeratome market demand is the aging population, who are more likely to have refractive errors as well as cataract formation, which requires higher degrees of corrective surgeries. Specifically, in the older populace, there is a likelihood of high cataract surgery demand since this demands an extremely accurate incision of a corneal flap by a microkeratome. The National Institutes of Health reports more than 24 million Americans age 40 and older have cataracts.

The increasing number of aged people is resulting in growing vision correction surgeries, including LASIK and cataract surgeries, boosting the demand for high-level surgical equipment such as microkeratomes. More and more aggressive old men and women are coming out today to restore their vision, thereby elevating the market of a microkeratome system, as age-specific disorders of vision are progressively developing and advanced technologies concerning surgeries are being invented continuously.

  • Post-Surgical Care Challenges affects the Demand for Microkeratome Procedures

One major restraint for the microkeratome market is that the need for comprehensive post-surgical care and follow-up is a cause for discouragement for several patients who might be turned away from opting for laser-assisted refractive surgeries such as LASIK. While LASIK is incredibly effective, it often results in multiple follow-up visits and may even require the patient to avoid specific activities throughout a recovery period.

According to the American Academy of Ophthalmology, or AAO, about 10-20% of LASIK patients experience a complication or side effect, dry eyes, or fluctuations in vision that could require ongoing treatment or aftercare. Such fears regarding complications with the possibility of further prolonged care prevent some individuals from coming forward for refractive surgery, which has a bearing on the demand for microkeratome surgeries. Therefore, the post-operative costs and time consumed in achieving that might slow down growth in the market even while LASIK continues to remain an extremely popular procedure.

  • Rising Awareness and Incomes Boost Demand for Laser Vision Correction

The rising awareness of vision correction options and increasing disposable incomes, particularly in urban areas, offer a significant opportunity for the microkeratome market. More people are becoming aware of advanced laser vision correction procedures like LASIK, and thus, the demand for such treatments is increasing, and so is the need for precise surgical tools like microkeratomes. More than 700,000 operations are performed annually in the United States, according to the American Refractive Surgery Council, and this figure is still on the increase because of people seeking a permanent solution to refractive errors.

 Increased access to health services and incomes, especially within developing regions, has equipped more people with the opportunity to afford such elective surgery. This trend creates an excellent market environment for microkeratome systems because, to cater to the increasing demand for effective correction of vision, the LASIK procedures become indispensable through the systems.

  • Disposable Microkeratomes Offer Opportunity to Reduce Contamination Risk

Disposable microkeratomes are a wonderful prospect for growth in the microkeratomes market since they can reduce the potential from external sources of contamination and these can be used for high-volume surgeries in operating rooms. Medical procedures, particularly the surgical techniques that are ophthalmic have become highly advanced today and infection prevention is becoming a top priority. Thus, one of the most important sectors to experience growth as demand for these sterile products rises is the one-time-us device sector.

According to the U.S. Centers for Disease Control and Prevention, infection risks are best minimized in surgical settings: Hospital-acquired infections affect an estimated 1 in 31 hospitalized patients. Disposable microkeratomes used only once, eliminate concerns about reprocessing and sterilization, thus making them a much safer alternative to reusable devices. As the health care facilities are focusing more and more on the areas of safety and efficiency, the demand in the market for disposable microkeratomes will significantly increase.

Industry Experts Opinion

“As refractive surgeons, we have been hoping that more people would take advantage of these remarkable technologies because we are at a simply extraordinary level of safety and efficacy,”

  • Roy Rubinfeld, MD, ophthalmologist and expert in refractive surgery

Segment Analysis

Based on the type of product, The Microkeratome market is categorized into Disposable Microkeratomes and Reusable Microkeratomes based on their use. Disposable Microkeratomes are widely preferred due to their single use in a sterile form to reduce the risk of cross-contamination, whereas Reusable Microkeratomes are used multiple times after proper sterilization. The growing emphasis on infection control and patient safety is driving the demand for Disposable Microkeratomes, making them the leading choice in surgical centers.

 

Based on application, the market has been segmented into LASIK surgery, cataract surgery, corneal transplantation, diabetic retinopathy, and others. Market leadership is by LASIK surgery, because with regards to the performance of the LASIK process, mainly, the microkeratomes are required to create a flap on the cornea in performing the exact incision, which is used, thereby carrying out in a better way in cataract and corneal transplant patients. This simply and directly reflects on growing high demand for such types of surgeries, thus affecting a major growth in the microkeratome market. Meanwhile, LASIK remains under that lead position, whereby with more people getting these individuals corrected for vision they become more inclined to be offered the same.

Regional Analysis

The North American microkeratome market is an ideal market given the increased adoption of superior ophthalmic procedures that include LASIK and cataract surgeries. The United States is the largest market followed by the presence of numerous people looking for corrective surgery for the eyes, supported by established healthcare infrastructure in the country. According to statistics from the American Refractive Surgery Council, it is estimated that more than 700,000 individuals undergo LASIK eye procedures annually, which stimulates microkeratome device usage. In addition, efforts in reducing surgical risks and enhancing patient safety result in increasing usage of disposable microkeratomes across the region. Canada has a developed healthcare system and increasing awareness about refractive surgeries supports the overall growth of this market. Owing to rising healthcare spending along with the aging population in North America, demand for vision correction procedures and resultant microkeratomes shall continue to rise.

The Asia Pacific microkeratome market is growing at a very high rate, mainly due to the increasing prevalence of refractive errors and cataracts in the region. China, India, Japan, and South Korea are increasingly adopting LASIK and cataract surgeries mainly due to better access to healthcare services and increasing awareness of vision correction procedures. In particular, the demand for cataract surgery will come from an aging population in Japan. LASIK will become a popular trend in India and China due to the high demand for alternatives to glasses and contact lenses. Besides, this region will increase the medical tourism sector which will also increase the demand as countries such as India and Thailand have become centers of low-cost eye surgery. With an increase in disposable income and bettered health standards, the Asia Pacific market is sure to depict faster growth in terms of microkeratomes.

Competitive Landscape

The microkeratome market has key players like Moria Surgical, Zeiss, Bausch & Lomb, Nidek Co., Ltd., and Ziemer Ophthalmic Systems. These companies have dominated the market with their innovative microkeratome products used in LASIK and cataract surgeries. The latest developments include the advanced single-use microkeratomes launched by Moria Surgical, which enhance safety with reduced infection risks in surgical settings. Further attempts to increase the microkeratome market share continue with the development of the latest femtosecond laser systems by Zeiss to offer integration with its microkeratomes for more accurate and efficient LASIK procedures. To continue to expand its product offering, Nidek Co. introduces more advanced user-friendly microkeratomes with better results. Such moves will not be taken too lightly by these major market participants involved in refractive surgery as there is a growing demand for different refractive surgeries, which will bring into the market intense competition for market share and the imperative necessity to focus on technological superiority as well as strategic cooperation to maintain their leadership within the market.

Microkeratome Market, Company Shares Analysis, 2024

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Recent Developments:

  • In November 2024, Eye Health America (EHA) partnered with Bowden Eye & Associates in Jacksonville, Florida. This marks EHA’s 25th partnership and its entry into the Jacksonville market, expanding its network in the Southeastern U.S.
  • In January 2024, Vision Innovation Partners (VIP) acquired Bucks-Mont Eye Associates, P.C. (BMEA) in Sellersville, PA. This acquisition strengthens VIP’s network of ophthalmology practices and expands its presence in the mid-Atlantic region, reflecting the growing consolidation in the eye care sector.

Report Coverage:

By Product Type

  • Disposable
  • Reusable

By Application

  • LASIK Surgery
  • Cataract Surgery
  • Corneal Transplantation
  • Diabetic Retinopathy
  • Others

By Technology

  • Invasive Technology
    • Mechanical Bladed Microkeratomes
    • Excimer Laser Technology
  • Minimally Invasive Technology
    • Femtosecond Laser Technology
    • IntraLASIK Technology
    • Wavefront-Guided LASIK
    • Topography-Guided LASIK

End-User

  • Hospitals
  • Ambulatory Surgical Centers (ASCs)
  • Ophthalmic Clinics
  • Academic & Research Institutes

By Region

North America

  • U.S.
  • Canada

Europe

  • U.K.
  • France
  • Germany
  • Italy
  • Spain
  • Rest of Europe

Asia Pacific

  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Singapore
  • Rest of Asia Pacific

Latin America

  • Brazil
  • Argentina
  • Mexico
  • Rest of Latin America

Middle East & Africa

  • GCC Countries
  • South Africa
  • Rest of Middle East & Africa

List of Companies:

  • Moria Surgical
  • Zeiss
  • Bausch & Lomb
  • Nidek Co., Ltd.
  • Ziemer Ophthalmic Systems
  • Johnson & Johnson Vision
  • Schwind eye-tech-solutions
  • LaserSight
  • Lumenis Ltd.
  • FEMTEC
  • Tomey Corporation
  • STAAR Surgical Company
  • Abbott Laboratories
  • CooperVision
  • Technolas Perfect Vision GmbH

Frequently Asked Questions (FAQs)

The largest segment in the microkeratome market is driven by LASIK surgery, as it remains the most common procedure requiring microkeratomes for corneal flap creation. The fastest-growing segment is disposable microkeratomes, due to their increasing popularity for their safety, reduced risk of infection, and convenience in surgical settings. As demand for LASIK and other refractive surgeries grows, both segments are expected to continue expanding.

Key growth opportunities in the microkeratome market include the increasing demand for LASIK and refractive surgeries, advancements in disposable microkeratomes for enhanced safety, and the rising adoption of femtosecond laser systems that integrate with microkeratomes for more precise surgical outcomes. Additionally, expanding access to healthcare in emerging markets presents significant growth potential.

The largest segment in the microkeratome market is driven by LASIK surgery, as it remains the most common procedure requiring microkeratomes for corneal flap creation. The fastest-growing segment is disposable microkeratomes, due to their increasing popularity for their safety, reduced risk of infection, and convenience in surgical settings. As demand for LASIK and other refractive surgeries grows, both segments are expected to continue expanding.

North America is a key contributor to the global microkeratome market, primarily driven by high adoption rates of LASIK and cataract surgeries, along with advanced healthcare infrastructure. The United States leads the region, with a large number of vision correction procedures performed annually. Growing awareness of refractive surgeries and increasing demand for precision surgical tools further fuel market growth in North America.

Leading players in the global microkeratome market include Moria Surgical, Zeiss, Bausch & Lomb, Nidek Co., Ltd., and Ziemer Ophthalmic Systems. These companies dominate the market with their innovative microkeratome devices, offering advanced solutions for LASIK and refractive surgeries. Their focus on precision, safety, and technological advancements helps drive growth and improve surgical outcomes in ophthalmic procedures.

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