Consolidation Within the Ophthalmic Industry

Consolidation Within the Ophthalmic IndustryThe good, the bad, and the ugly.

The past several years have brought a wave of consolidation to the ophthalmic industry, primarily in the form of acquisitions. This activity heated up even more in the first half of 2007with these major announcements: Advanced Medical Optics, Inc. (Santa Ana, CA), completed its acquisitions of IntraLase Corp. (Irvine, CA) and Wavefront Sciences, Inc. (Albuquerque, NM); Bausch & Lomb (Rochester, NY) made a strategic investment in AcuFocus, Inc. (Irvine, CA), for presbyopia correcting technology;

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IntraLase’s International Expansion A Growing Global Presence

IntraLase's International Expansion A Growing Global Presence

Twenty years after laser vision correction was first performed, the technology utilized in the procedure today has improved dramatically to make the procedure (now known as “LASIK”) even safer and better than before. One of the key transitions currently underway in many markets is in how the corneal flap is created, moving from a “bladed” approach with traditional microkeratomes to an “all laser” approach utilizing the femtosecond laser as well as the excimer…

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Intralase: Coming of Age

Intralase: Coming of AgeHow femtosecond technology impacts the business side of refractive surgery.

This is the third in a series of articles that highlights results from market studies on topics of interest to refractive surgeons. These studies comprise original research conducted by SM2 Consulting of Pleasanton, California. Since its debut 10 years ago, LASIK has undergone numerous refinements in technology and technique…

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A Three Year Perspective on the Business Impact of IntraLase Technology

 

A Three Year Perspective on the Business Impact of IntraLase TechnologyFor the third consecutive year, SM2 Consulting has surveyed users of the IntraLase FS Laser System (IntraLase Corp. , Irvine, CA) to quantify how this technology is impacting the business of LASIK within the practice. As the industry has rebounded from its low point in 2002(measured by total number of US LASIK procedures and average fees collected per eye), IntraLase has seen its number of laser placements in the US grow from under 40 (as ofQ1 2003) to 182 (as of Q1 2005)…

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How IntraLase Technology is Impacting the Refractive Practice

How IntraLase Technology is Impacting the Refractive Practice

One year ago, SM2 Consulting conducted a survey of IntraLase® (IntraLase Corp., Irvine, CA) customers to understand the impact of their laser technology on procedure volumes and pricing. Results indicated that through March of 2003, IntraLase customers were outperforming industry averages for procedure volume and pricing and had demonstrated an improvement over their own performance prior to acquiring IntraLase technology…

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