CODET Vision Institute
CODET Vision Institute is a privately held ophthalmology institute founded in 1986 in Tijuana, Mexico, one mile from the US border, serving primarily US medical tourism patients with refractive surgery, cataract and premium IOL procedures, and full subspecialty eye care at 65-70% cost savings versus US equivalents.
- Company typePrivate
- Founded1986
- HeadquartersTijuana, Mexico
- Headcount51–100
- GTM typeB2C
- OfferingServices
What CODET Vision Institute does
CODET Vision Institute is a privately held, full-service ophthalmology institute founded in 1986 by Dr. Arturo Chayet and headquartered in Tijuana, Mexico, one mile from the US-Mexico border. The institute operates from a 25,000 sq. ft., 4-story purpose-built facility and serves primarily US medical tourism patients seeking refractive surgery, cataract surgery, premium IOL implantation, and subspecialty eye care (retina, glaucoma, cornea, oculoplastics, pediatric ophthalmology). CODET has performed over 85,000 procedures since founding and has trained more than 80 ophthalmology subspecialists through its fellowship program.
The institute's core technology stack centers on advanced ophthalmic surgical and diagnostic platforms, including the Ziemer Femto LDV Z8 femtosecond laser, Alcon WaveLight EX500 excimer laser, Avedro KXL crosslinking device, and the Light Adjustable Lens (LAL) co-developed with RxSight. CODET holds a patent-pending proprietary astigmatism correction technology and pioneered All-Laser-LASIK in 1995 and the first LAL implantation worldwide in 2002. The product portfolio spans 17+ procedures across refractive surgery, cataract, premium IOLs (PanOptix, Synergy, EDF, LAL), cornea, retina, glaucoma, oculoplastics, and pediatric ophthalmology, plus an on-site optical shop and MedSpa.
The revenue model is direct-to-consumer medical services, with one-time surgical procedure fees, professional diagnostic services, premium IOL hardware sales (PanOptix, Synergy, LAL, EDF lenses), and partner-financed patient payment plans. Pricing is transparent and quote-based, offering 65-70% cost savings versus equivalent US procedures, targeting US patients traveling to Tijuana via the San Ysidro border crossing or San Diego International Airport. Marketing is sales-led through Google SEO/SEM, social media (Facebook, Instagram, TikTok, YouTube, LinkedIn), medical tourism facilitator partnerships, patient video testimonials, and HR/employer outreach for vision benefits programs. The institute is founder-owned with no disclosed external investment, holding affiliations with AAO, ASCRS, ASRS, the Cornea Society, and multiple Mexican and Latin American ophthalmology societies.
CODET Vision Institute firmographics
Firmographics- Name
- CODET Vision Institute
- Legal name
- CODET Vision Institute
- Website
- https://codetvision.com
- Company type
- Private
- Founded year
- 1986
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- CODET Vision Institute is a privately held ophthalmology institute founded in 1986 in Tijuana, Mexico, one mile from the US border, serving primarily US medical tourism patients with refractive surgery, cataract and premium IOL procedures, and full subspecialty eye care at 65-70% cost savings versus US equivalents.
- Ownership category
- akta.pro rank
CODET Vision Institute industry classification
Industry- Product category
- Ophthalmology Services
- NAICS
- Offices of Optometrists (621320)
- akta.pro primary industry
- Comprehensive Eye Exams & Vision Care (HLAKAKAA)
- akta.pro secondary industries
- Cornea, External Disease & Refractive Surgery (LASIK/PRK) (HLAKAKAF), Vision & Ophthalmic Diagnostic Centers (Optometry/OCT/Retinal Imaging) (HLAFAKAI), Ocular Imaging & Diagnostic Testing Centers (HLAKAKAN)
Keywords
Where CODET Vision Institute is headquartered
LocationHeadquarters
- HQ city
- Tijuana
- HQ country
- Mexico
- HQ region
- Latin America
Offices1 record
Markets served
CODET Vision Institute business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Ophthalmic Surgical Procedures: One-time surgical procedures including LASIK, cataract surgery, RLE, ICL, and other ophthalmic interventions. Revenue is generated per procedure with transparent billing and multiple payment options including financing.
- Diagnostic Services: Pre-operative diagnostic studies, imaging, and consultations to determine surgical candidacy and optimal treatment approaches.
- Premium IOL Implants: Sale of premium intraocular lenses (PanOptix, Synergy, Light Adjustable Lens, EDF lenses) during cataract and RLE procedures.
- Financing Services: Partnership with financing providers offering low monthly payment plans for patients, providing accessible payment options.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Medical tourism pricing for international patients |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels9 records
CODET Vision Institute product offering
Product offeringCore offering
CODET Vision Institute is an ophthalmology institute in Tijuana, Mexico that delivers refractive surgery procedures (LASIK, CLEAR, ICL), cataract surgery with premium intraocular lenses, and treatment for retina, glaucoma, cornea, and oculoplastic conditions. It serves primarily US medical tourism patients seeking vision correction and eye care procedures at lower cost than US-based providers.
Product overview
CODET Vision Institute is a full-service ophthalmology institute offering a comprehensive portfolio of eye and vision care procedures. The core offering centers on refractive surgery technologies including All-Laser-LASIK (invented in-house in 1995), CLEAR, and ICL for vision correction. Premium intraocular lenses (IOLs) including Light Adjustable Lens (LAL), PanOptix, Synergy, and Extended Depth of Focus IOLs provide cataract treatment and lens replacement options. Additional services span cornea procedures (crosslinking), retina surgery and treatments, glaucoma surgery and treatments, oculoplastics (blepharoplasty, cosmetic treatments), orbital/lacrimal surgery, and strabismus treatment. The institute operates specialized service centers for cataract/refractive surgery, cornea, retina, glaucoma, oculoplastics, pediatric ophthalmology, dry eye, low vision, and contact lenses.
Differentiator
Problem solved
Functional benefit
Products and services
- LASIK Surgery
Quantifiable outcome
- 50,000+ All-Laser-LASIK procedures performed
- +6 more outcomes
Companies that use CODET Vision Institute
Customer profileNamed customers9 records
Segments4 records
Ideal customer profiles1 record
CODET Vision Institute technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature6 records
CODET Vision Institute partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core and key.
- RxSightcoreCODET partnered with RxSight for the development and clinical trials of the Light Adjustable Lens (LAL). Dr. Chayet performed the first LAL surgery in the world in 2002. CODET conducted 600+ clinical trial procedures before public availability.
- Ionics (now Bausch & Lomb)keyDr. Chayet performed the first clinical trial for an accommodating intraocular lens (IOL) for Ionics, now Bausch & Lomb, instrumental in developing the Crystalens (first FDA-approved accommodating IOL).
- Ophthalmic Technology Companies (Clinical Research)coreCODET has established worldwide leadership role in investigation, development, and publication of ophthalmic innovations through clinical research partnerships with technology companies since 1994.
- ZiemercoreCODET uses Ziemer Femto LDV Z8 laser technology for All-Laser-LASIK and CLEAR procedures. Ziemer is recognized for its innovation in surgical laser technology.
- AlconcoreCODET uses Alcon WaveLight EX500 Excimer laser for refractive surgery procedures.
- 2005 Nobel Prize Winners (Dr. Robert Grubbs, Cal Tech)keyDr. Robert Grubbs, 2005 Nobel Prize in Chemistry winner from Cal Tech, collaborated with Dr. Chayet in the development of the Light Adjustable Lens technology.
- Dr. Dan Schwartz (UCSF)keyDr. Dan Schwartz from University of California San Francisco partnered with Dr. Chayet in the development of the Light Adjustable Lens.
Scale indicators10 records
Recent moves7 records
Expansion highlights5 records
CODET Vision Institute competitors and assessment
Company assessmentDirect peers
- LasikPlus: LasikPlus (formerly LCA-Vision) is one of the largest US LASIK providers with multiple clinic locations. It is a direct comparable to CODET for US-resident LASIK patients who might otherwise consider cross-border surgery, and it competes on price, financing, and convenience.
- Discover Vision Centers: Discover Vision Centers is a US ophthalmology practice offering LASIK, cataract surgery, and comprehensive vision care. It mirrors CODET's model of an integrated ophthalmology platform serving both refractive and medical eye care patients, with CODET's differentiator being border-adjacent cost arbitrage.
- TLC Laser Eye Centers: TLC Laser Eye Centers is a US-based LASIK and refractive surgery chain with decades of operating history. It is comparable to CODET in serving elective refractive surgery patients, with CODET differentiated by cost advantage and proximity to the US border via Mexico-based operations.
- NVISION Eye Centers: NVISION is a US-based ophthalmology chain offering LASIK, cataract surgery with premium IOLs, and other vision correction services across multiple states. Both CODET and NVISION compete for the same patient demand for elective refractive and cataract surgery, although NVISION operates multi-site US clinics while CODET focuses on cross-border medical tourism from a single facility.
Broad incumbents
- Wills Eye Hospital: Wills Eye Hospital is a leading US specialty eye hospital in Philadelphia offering comprehensive ophthalmology services including refractive surgery, cataract, and retina. It is comparable to CODET in scope of specialty services but operates as a US-based academic institution rather than a medical tourism destination.
- Cleveland Clinic Cole Eye Institute: Cole Eye Institute is part of Cleveland Clinic's broader hospital system and offers comprehensive ophthalmology including refractive surgery and premium IOLs. It is a broad incumbent comparable to CODET in service breadth, though positioned as a US-domestic premium provider rather than a cross-border value option.
- Bascom Palmer Eye Institute: Bascom Palmer is the University of Miami's academic ophthalmology center, consistently ranked as a top US eye hospital. It represents the academic, research-driven end of ophthalmology care and competes for complex ophthalmology referrals, although it does not target the medical tourism cost-sensitive segment that CODET serves.
Regional players
- Manrique Eye Center: Manrique Eye Center is a Tijuana-based ophthalmology clinic offering LASIK and cataract surgery to US medical tourism patients. It is a directly comparable regional ophthalmology peer to CODET, operating in the same geography and serving the same cross-border patient segment.
- Hospital Angeles Tijuana: Hospital Angeles is a major private hospital network in Mexico with a Tijuana location serving local and medical tourism patients. It is comparable to CODET as a Tijuana-based private healthcare provider serving cross-border patients, though it offers broader multi-specialty services rather than ophthalmology specialty focus.
- Hospital de la Familia: Hospital de la Familia is a Mexican medical tourism hospital in Mexicali catering to US patients from California and Arizona. It is geographically comparable to CODET as a Mexican hospital serving US medical tourism, although it is a general hospital rather than an ophthalmology specialty institute.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
CODET Vision Institute social profiles
Digital presenceCODET Vision Institute compliance and trust
Trust signalCompliance14 records
CODET Vision Institute financial estimates
Financial estimateRevenue estimate
Valuation estimate
CODET Vision Institute leadership team
Management profileNumber of profiles
Profiles1 record
CODET Vision Institute funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
CODET Vision Institute M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about CODET Vision Institute
What does CODET Vision Institute do?
CODET Vision Institute is an ophthalmology institute in Tijuana, Mexico that delivers refractive surgery procedures (LASIK, CLEAR, ICL), cataract surgery with premium intraocular lenses, and treatment for retina, glaucoma, cornea, and oculoplastic conditions. It serves primarily US medical tourism patients seeking vision correction and eye care procedures at lower cost than US-based providers.
Is CODET Vision Institute a public or private company?
CODET Vision Institute is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was CODET Vision Institute founded?
CODET Vision Institute was founded in 1986. It employs 51 to 100 people.
Where is CODET Vision Institute based?
CODET Vision Institute is headquartered in Tijuana, Mexico, in the Latin America region.
How does CODET Vision Institute make money?
Four revenue lines are on record. Ophthalmic Surgical Procedures are the primary driver. The others are diagnostic Services, premium IOL Implants and financing Services.
Who are CODET Vision Institute's main competitors?
Direct peers on record are LasikPlus, Discover Vision Centers, TLC Laser Eye Centers and NVISION Eye Centers. Broad incumbents are Wills Eye Hospital, Cleveland Clinic Cole Eye Institute and Bascom Palmer Eye Institute. Regional players are Manrique Eye Center, Hospital Angeles Tijuana and Hospital de la Familia.
Does CODET Vision Institute have an API?
No public API is recorded for CODET Vision Institute.
What industry is CODET Vision Institute in?
CODET Vision Institute's product category is Ophthalmology Services. Its primary akta.pro industry code is HLAKAKAA, Comprehensive Eye Exams & Vision Care, with a secondary code of HLAKAKAF, Cornea, External Disease & Refractive Surgery (LASIK/PRK). Its NAICS code is 621320.