Picture
SEARCH
What are you looking for?
Need help finding what you are looking for? Contact Us
Compare

PUBLISHER: Ken Research Private Limited | PRODUCT CODE: 1701137

Cover Image

PUBLISHER: Ken Research Private Limited | PRODUCT CODE: 1701137

Malaysia Ophthalmology Surgery Market Outlook to 2029

PUBLISHED:
PAGES: 93 Pages
DELIVERY TIME: 1-2 business days
SELECT AN OPTION
Premium PDF (Single User License)
USD 4850
Enterprise PDF & Excel (Enterprise License)
USD 8950

Add to Cart

Malaysia Ophthalmology Surgery Market Overview

The Malaysia Ophthalmology Surgery Market has experienced significant growth, driven by an increasing prevalence of eye disorders and advancements in surgical techniques. According to Grand View Research, the Malaysia ophthalmic drugs market generated a revenue of RM 1159.1 Mn. This growth is attributed to factors such as the rising geriatric population and heightened awareness of eye health.

Kuala Lumpur stands as the dominant city in Malaysia's ophthalmology surgery market. This prominence is due to its advanced healthcare infrastructure, concentration of specialized eye care centers, and a higher population density seeking medical services. The city's accessibility and availability of skilled ophthalmic surgeons further contribute to its leading position in the market.

Malaysia Ophthalmology Surgery Market Segmentation

Malaysia Ophthalmology Surgery Market is divided into further segments:

By Type of Treatment: The Malaysia Ophthalmology Surgery Market is segmented by type of treatment into Cataract, Lasik and others. Cataract surgery holds the largest share in the market. The high prevalence of cataracts among the aging population, combined with government-backed initiatives to reduce cataract-related blindness, contributes to this dominance. The affordability and availability of advanced intraocular lenses (IOLs) further drive the segments growth.

By End-User: The Malaysia Ophthalmology Surgery Market is segmented by end-user into Hospitals, and Specialty Clinics. Hospitals dominate the ophthalmology surgery market in Malaysia due to their well-equipped operating rooms, advanced diagnostic facilities, and access to experienced ophthalmic surgeons. Patients often prefer hospitals for complex eye procedures, including cataract and vitreoretinal surgeries, due to the higher safety standards and availability of post-surgical care.

Malaysia Ophthalmology Surgery Market Competitive Landscape

The Malaysia Ophthalmology Surgery Market is characterized by the presence of leading eye care providers and hospitals that offer advanced surgical treatments. Major players include Optimax, Vista Eye Specialist, TOP Vision, KPJ Centre For Sight, and Tun Hussein Onn National Eye Hospital, all of which have contributed significantly to market growth through technological innovations, service expansion, and strategic partnerships.

Malaysia Ophthalmology Surgery Industry Analysis

Market Growth Drivers

Increasing Aging Population: Malaysia is transitioning into an aging nation, with the proportion of individuals aged 60 and above projected to reach 24.3% by 2050, compared to 10.8% in 2020. This demographic shift has significantly increased the demand for cataract, glaucoma, and retinal surgeries, as age-related eye disorders become more prevalent.

Rising Prevalence of Eye Disorders: The prevalence of moderate-to-severe visual impairment has grown from 9.8% in 2008 to 20.4% in 2023. Conditions like cataracts, glaucoma, and diabetic retinopathy remain the leading causes of blindness, with cataracts alone accounting for 77.3% of blindness cases.

Growing Demand for Eye Surgeries: The rising incidence of myopia, affecting 50% of young adults, and the growing number of cataract cases have led to a surge in eye surgeries. Cataract surgeries alone have grown by ~10% in the past five years. Moreover, glaucoma prevalence is increasing, with 50% of cases detected in late stages, necessitating urgent surgical interventions.

Market Challenges

Surgical Errors and Postoperative Complications: One of the most pressing challenges in the ophthalmology surgery market is the occurrence of surgical errors and postoperative complications. Approximately 10 out of every 200 eye surgeries in Malaysia result in malpractice reports. Surgical errors account for 40% of medico-legal complaints, often due to incorrect intraocular lens selection, unnecessary procedures, or operating on the wrong eye.

High Malpractice and Medico-Legal Cases: The increasing number of medico-legal cases in Malaysia poses a financial burden on healthcare institutions. The government has spent approximately RM 200 million to resolve 900 medico-legal cases from 2019-2024. Around 5-7% of all medico-legal complaints in Malaysia are related to ophthalmology.

Malaysia Ophthalmology Surgery Future Market Outlook

Over the next five years, the Malaysia Ophthalmology Surgery Market is expected to show significant growth reaching a market size of RM 1633.2 Mn by 2029 driven by continuous government support, advancements in surgical technology, and increasing consumer demand for quality eye care solutions. The rising prevalence of eye disorders, particularly among the aging population, coupled with increased awareness and accessibility to advanced treatments, is anticipated to further propel market expansion.

Market Opportunities

AI-Powered Retinal Image Analysis for Early Detection: AI-driven retinal imaging systems will play a crucial role in detecting early signs of diabetic retinopathy, glaucoma, and macular degeneration with higher accuracy. In the future, customized AI-based treatment plans will become a standard, enabling personalized management of eye disorders. Hospitals like Gleneagles Kuala Lumpur are expected to lead in adopting these advancements.

Robotics in Ophthalmic Surgery for Enhanced Precision: The da Vinci Surgical System and similar robotic-assisted technologies will be further developed for complex ophthalmic surgeries, allowing minimally invasive procedures with enhanced precision. This will reduce patient recovery times, minimize surgical complications, and improve the success rate of delicate procedures like corneal transplants and vitreoretinal surgeries.

Product Code: KR1473

Table Of Contents

1. Executive Summary

2. Market Overview

  • 2.1. Eye Disorders in Malaysia, 2024
  • 2.2. Overview of Eye Personnel in Malaysia
  • 2.3. Malaysia Regional Landscape

3. Malaysia Ophthalmology Surgery Market Sizing

  • 3.1. Ecosystem of Malaysia Ophthalmology Surgery Market
  • 3.2. Global Ophthalmology Surgery Market Size Basis Revenue, 2019-2029F
  • 3.3. Malaysia Ophthalmology Surgery Market Size Basis Number of Surgeries, 2019-2024
  • 3.4. Malaysia Ophthalmology Surgery Market Size Basis Revenue, 2019-2024

4. Malaysia Ophthalmology Surgery Market Segmentations

  • 4.1. Malaysia Ophthalmology Surgery Market Segmentation by Treatment Type, 2024
  • 4.2. Malaysia Ophthalmology Surgery Market Segmentation by End User, 2024
  • 4.3. Malaysia Ophthalmology Surgery Market Segmentation by Region, 2024

5. Competition Landscape

  • 5.1. Malaysia Ophthalmology Surgery Market Growth Quadrant, 2024
  • 5.2. Market Share of Key Players, 2024
  • 5.3. Revenue Projection of Key Companies for 2024
  • 5.4. SWOT Analysis of Key Players
  • 5.5. Key Company Profile: Vista Eye Specialist
  • 5.6. Key Company Profile: Optimax Eye Specialist
  • 5.7. Key Company Profile: TOP Vision Eye Specialist
  • 5.8. Key Company Profile: KPJ Healthcare Berhad
  • 5.9. Key Company Profile: Tun Hussein Onn National Eye Hospital

6. Industry Analysis

  • 6.1. Key Market Trends and Developments
  • 6.2. Government Acts and Regulations in Malaysia Ophthalmology Market
  • 6.3. List of Approvals Required Before Establishment of Clinic/Hospital
  • 6.4. Necessary Licensing for Ophthalmology Services in Malaysia
  • 6.5. Standards and Approvals for Ophthalmic Drugs
  • 6.6. Healthcare Reimbursement Policies and Impact on Ophthalmology Treatment
  • 6.7. Technological Advancements in Ophthalmology in Malaysia
  • 6.8. Possibility of Malpractice in Malaysia

7. Market Opportunities and Future Outlook

  • 7.1. Future Scenarios for Malaysia Ophthalmology Surgery Market (Revenue in RM Mn), 2024-2029
  • 7.2. Malaysia Ophthalmology Surgery Future Market Size Basis Number of Surgeries and Revenue, 2024-2029
  • 7.3. Factors Affecting Growth in Malaysia Ophthalmology Market
  • 7.4. Malaysia Ophthalmology Surgery Future Market Segmentations by Treatment Type & End User, 2024
  • 7.5. Malaysia Ophthalmology Surgery Future Market Segmentations by Region, 2024

8. Analyst Recommendations

  • 8.1. Growth Opportunities in the Sector: Identifying Potential Locations and Recommendations for Market Entry
  • 8.2. Growth Opportunities in the Sector: Medical Tourism & Increasing Myopia Cases
  • 8.3. Growth Opportunities in the Sector: Tele-Medicine
  • 8.4. Pricing Strategy
  • 8.5. Marketing/Promotional Strategies

Players Mentioned in the Report

  • HP India
  • Dell Technologies
  • Lenovo India
  • Dixon Technologies
  • Foxconn India
Have a question?
Picture

Jeroen Van Heghe

Manager - EMEA

+32-2-535-7543

Picture

Christine Sirois

Manager - Americas

+1-860-674-8796

Questions? Please give us a call or visit the contact form.
Hi, how can we help?
Contact us!