Middle East & Africa Myopia Treatment Market Forecast to 2030 - Regional Analysis - by Type, Treatment, Age Group, and End User

Description

List of Tables

The Middle East & Africa myopia treatment market was valued at US$ 263.30 million in 2022 and is expected to reach US$ 465.81 million by 2030; it is estimated to register a CAGR of 7.4% from 2022 to 2030.

Application of Artificial Intelligence in Myopia Treatment bolsters Middle East & Africa Myopia Treatment Market

Artificial intelligence (AI) is increasingly being applied in myopia treatment. One example is using AI-powered devices to monitor and analyze eye movements and visual acuity, which can help identify early signs of myopia and track its progression. AI algorithms can also be used to develop personalized patient treatment plans based on their characteristics and medical history. In the future, AI is expected to play an even greater role in myopia treatment. For instance, researchers are exploring the use of machine learning algorithms to predict children who are at high risk of developing myopia, allowing for early intervention and prevention.

Additionally, AI-powered virtual reality systems may improve visual acuity and reduce myopia progression. Thus, the myopia treatment market is expected to see continued growth and innovation in the coming years. With the increasing prevalence of myopia worldwide, there is a growing need for effective and accessible treatments. Advancements in technology, such as AI and advanced surgical techniques, are expected to drive this growth and lead to more personalized and effective treatments for myopia. Additionally, there will likely be a greater focus on preventative measures and collaboration between industry and academia to address this global health concern.

Middle East & Africa Myopia Treatment Market Overview

Middle East & North Africa consists of three major countries: United Arab Emirates (UAE), Saudi Arabia and South Africa. UAE is the largest market for myopia treatment. The market is driven by increasing incidences of eye disorders, growing consumer awareness of myopia, and increasing penetration of international players in the region.

Saudi Arabia has made great strides in improving eye health. As per the WHO, around 8,000 children have functional low vision in Saudi Arabia. Congenital glaucoma is among the leading cause of childhood blindness in the country. Moreover, the increasing use of computers and smartphones creates demand for eye supplements during the forecast period. Prevention of blindness and deafness has been incorporated into Saudi Arabia's new primary health care policy. To maintain a continuum of eye care, a 5-10-year program that encompasses screening for Retinopathy of Prematurity (ROP), preschool vision, diabetic retinopathy, glaucoma, and cataracts is being developed within existing health structures. The MOH is establishing four additional eye centers nationwide to deliver these services. Therefore, the government in the country is implementing campaigns and community-based education programs, which are influential elements for eye health promotion strategies. The strategies help raise awareness and encourage the community to take responsibility for eye health. The action further enforces the appropriate employment of the available eye care services. For instance, the Ministry of Health (MoH) provides educational messages on eye diseases. This helps educate people about glaucoma, myopia, amblyopia, diabetic retinopathy, and contact lenses. Thus, the abovementioned factors are expected to offer lucrative opportunities for the myopia treatment market growth in the coming years.

Middle East & Africa Myopia Treatment Market Revenue and Forecast to 2030 (US$ Million)

Middle East & Africa Myopia Treatment Market Segmentation

The Middle East & Africa myopia treatment market is categorized into type, treatment, age group, end user, and country.

Based on type, the Middle East & Africa myopia treatment market is segmented into high myopia, degenerative myopia, and progressive myopia. The high myopia segment held the largest Middle East & Africa myopia treatment market share in 2022.

In terms of treatment, the Middle East & Africa myopia treatment market is segmented into low-dose atropine eye drops, contact lenses, ortho-k, and refractive surgery. The low-dose atropine eye drops segment held the largest Middle East & Africa myopia treatment market share in 2022. Furthermore, the refractive surgery segment is subcategorized into LASIK and PRK.

By age group, the Middle East & Africa myopia treatment market is bifurcated into adult myopia and childhood myopia. The adult myopia segment held a larger Middle East & Africa myopia treatment market share in 2022.

Based on end user, the Middle East & Africa myopia treatment market is categorized into hospitals and clinics, specialty clinics, and refractive surgery centers. The hospitals and clinics segment held the largest Middle East & Africa myopia treatment market share in 2022.

Based on country, the Middle East & Africa myopia treatment market is categorized into Saudi Arabia, the UAE, South Africa, and the Rest of Middle East & Africa. Saudi Arabia dominated the Middle East & Africa myopia treatment market share in 2022.

Alcon AG, Bausch Health Companies Inc, Carl Zeiss AG, CooperVision Inc, Johnson & Johnson Vision Care Inc, and Nidek Co Ltd are some of the leading companies operating in the Middle East & Africa myopia treatment market.

Product Code: BMIRE00030466

1. Introduction

1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation

2. Executive Summary

2.1 Key Insights

3. Research Methodology

3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. Middle East & Africa Myopia Treatment Market Landscape

4.1 Overview
4.2 PEST Analysis
4.3 Market Share Analysis, By Companies

5. Middle East & Africa Myopia Treatment Market - Key Market Dynamics

5.1 Middle East & Africa Myopia Treatment Market - Key Market Dynamics
5.2 Market Drivers
- 5.2.1 Rising Prevalence of Myopia
- 5.2.2 Increased Awareness of Myopia Treatment
5.3 Market Restraints
- 5.3.1 Lack of Skilled Professionals
5.4 Market Opportunities
- 5.4.1 Rising Availability of Advanced Technologies for Treating The Targeted Myopia
5.5 Future Trends
- 5.5.1 Application of Artificial Intelligence in Myopia Treatment
5.6 Impact of Drivers and Restraints:

6. Myopia Treatment Market - Middle East & Africa Market Analysis

7. Middle East & Africa Myopia Treatment Market Analysis - by Type

7.1 High Myopia
- 7.1.1 Overview
- 7.1.2 High Myopia: Middle East & Africa Myopia Treatment Market - Revenue and Forecast to 2030 (US$ Million)
7.2 Degenerative Myopia
- 7.2.1 Overview
- 7.2.2 Degenerative Myopia: Middle East & Africa Myopia Treatment Market - Revenue and Forecast to 2030 (US$ Million)
7.3 Progressive Myopia
- 7.3.1 Overview
- 7.3.2 Progressive Myopia: Middle East & Africa Myopia Treatment Market - Revenue and Forecast to 2030 (US$ Million)

8. Middle East & Africa Myopia Treatment Market Analysis - by Treatment

8.1 Low-Dose Atropine Eye Drops
- 8.1.1 Overview
- 8.1.2 Low-Dose Atropine Eye Drops: Middle East & Africa Myopia Treatment Market - Revenue and Forecast to 2030 (US$ Million)
8.2 Refractive Surgery
- 8.2.1 Overview
- 8.2.2 Refractive Surgery: Middle East & Africa Myopia Treatment Market - Revenue and Forecast to 2030 (US$ Million)
- 8.2.3 LASIK
- 8.2.4 PRK
8.3 Contact Lenses
- 8.3.1 Overview
- 8.3.2 Contact Lenses: Middle East & Africa Myopia Treatment Market - Revenue and Forecast to 2030 (US$ Million)
8.4 Ortho-K
- 8.4.1 Overview
- 8.4.2 Ortho-K: Middle East & Africa Myopia Treatment Market - Revenue and Forecast to 2030 (US$ Million)

9. Middle East & Africa Myopia Treatment Market Analysis - by Age Group

9.1 Adult Myopia
- 9.1.1 Overview
- 9.1.2 Adult Myopia: Middle East & Africa Myopia Treatment Market - Revenue and Forecast to 2030 (US$ Million)
9.2 Childhood Myopia
- 9.2.1 Overview
- 9.2.2 Childhood Myopia: Middle East & Africa Myopia Treatment Market - Revenue and Forecast to 2030 (US$ Million)

10. Middle East & Africa Myopia Treatment Market Analysis - by End User

10.1 Hospitals and Clinics
- 10.1.1 Overview
- 10.1.2 Hospitals and Clinics: Middle East & Africa Myopia Treatment Market - Revenue and Forecast to 2030 (US$ Million)
10.2 Specialty Clinics
- 10.2.1 Overview
- 10.2.2 Specialty Clinics: Middle East & Africa Myopia Treatment Market - Revenue and Forecast to 2030 (US$ Million)
10.3 Refractive Surgery Centers
- 10.3.1 Overview
- 10.3.2 Refractive Surgery Centers: Middle East & Africa Myopia Treatment Market - Revenue and Forecast to 2030 (US$ Million)

11. Middle East & Africa Myopia Treatment Market - Country Analysis

11.1 Middle East & Africa
- 11.1.1 Middle East & Africa: Myopia Treatment Market - Revenue and Forecast Analysis - by Country
  - 11.1.1.1 Middle East & Africa: Myopia Treatment Market - Revenue and Forecast Analysis - by Country
  - 11.1.1.2 Saudi Arabia
  - 11.1.1.3 Saudi Arabia: Myopia Treatment Market - Revenue and Forecast to 2030 (US$ Million)
    - 11.1.1.3.1 Saudi Arabia: Myopia Treatment Market Breakdown, by Type
    - 11.1.1.3.2 Saudi Arabia: Myopia Treatment Market Breakdown, by Treatment
    - 11.1.1.3.3 Saudi Arabia: Myopia Treatment Market Breakdown, by Refractive Surgery
    - 11.1.1.3.4 Saudi Arabia: Myopia Treatment Market Breakdown, by Age Group
    - 11.1.1.3.5 Saudi Arabia: Myopia Treatment Market Breakdown, by End User
  - 11.1.1.4 South Africa
  - 11.1.1.5 South Africa: Myopia Treatment Market - Revenue and Forecast to 2030 (US$ Million)
    - 11.1.1.5.1 South Africa: Myopia Treatment Market Breakdown, by Type
    - 11.1.1.5.2 South Africa: Myopia Treatment Market Breakdown, by Treatment
    - 11.1.1.5.3 South Africa: Myopia Treatment Market Breakdown, by Refractive Surgery
    - 11.1.1.5.4 South Africa: Myopia Treatment Market Breakdown, by Age Group
    - 11.1.1.5.5 South Africa: Myopia Treatment Market Breakdown, by End User
  - 11.1.1.6 UAE
  - 11.1.1.7 UAE: Myopia Treatment Market - Revenue and Forecast to 2030 (US$ Million)
    - 11.1.1.7.1 UAE: Myopia Treatment Market Breakdown, by Type
    - 11.1.1.7.2 UAE: Myopia Treatment Market Breakdown, by Treatment
    - 11.1.1.7.3 UAE: Myopia Treatment Market Breakdown, by Refractive Surgery
    - 11.1.1.7.4 UAE: Myopia Treatment Market Breakdown, by Age Group
    - 11.1.1.7.5 UAE: Myopia Treatment Market Breakdown, by End User
  - 11.1.1.8 Rest of Middle East & Africa
  - 11.1.1.9 Rest of Middle East & Africa: Myopia Treatment Market - Revenue and Forecast to 2030 (US$ Million)
    - 11.1.1.9.1 Rest of Middle East & Africa: Myopia Treatment Market Breakdown, by Type
    - 11.1.1.9.2 Rest of Middle East & Africa: Myopia Treatment Market Breakdown, by Treatment
    - 11.1.1.9.3 Rest of Middle East & Africa: Myopia Treatment Market Breakdown, by Refractive Surgery
    - 11.1.1.9.4 Rest of Middle East & Africa: Myopia Treatment Market Breakdown, by Age Group
    - 11.1.1.9.5 Rest of Middle East & Africa: Myopia Treatment Market Breakdown, by End User

12. Industry Landscape

12.1 Overview
12.2 Growth Strategies in Myopia Treatment Market
12.3 Organic Growth Strategies
- 12.3.1 Overview
12.4 Inorganic Growth Strategies
- 12.4.1 Overview

13. Company Profiles

13.1 Bausch Health Companies Inc
- 13.1.1 Key Facts
- 13.1.2 Business Description
- 13.1.3 Products and Services
- 13.1.4 Financial Overview
- 13.1.5 SWOT Analysis
- 13.1.6 Key Developments
13.2 Alcon AG
- 13.2.1 Key Facts
- 13.2.2 Business Description
- 13.2.3 Products and Services
- 13.2.4 Financial Overview
- 13.2.5 SWOT Analysis
- 13.2.6 Key Developments
13.3 CooperVision Inc
- 13.3.1 Key Facts
- 13.3.2 Business Description
- 13.3.3 Products and Services
- 13.3.4 Financial Overview
- 13.3.5 SWOT Analysis
- 13.3.6 Key Developments
13.4 Johnson & Johnson Vision Care Inc
- 13.4.1 Key Facts
- 13.4.2 Business Description
- 13.4.3 Products and Services
- 13.4.4 Financial Overview
- 13.4.5 SWOT Analysis
- 13.4.6 Key Developments
13.5 Nidek Co Ltd
- 13.5.1 Key Facts
- 13.5.2 Business Description
- 13.5.3 Products and Services
- 13.5.4 Financial Overview
- 13.5.5 SWOT Analysis
- 13.5.6 Key Developments
13.6 Carl Zeiss AG
- 13.6.1 Key Facts
- 13.6.2 Business Description
- 13.6.3 Products and Services
- 13.6.4 Financial Overview
- 13.6.5 SWOT Analysis
- 13.6.6 Key Developments

14. Appendix

14.1 About The Insight Partners
14.2 Glossary of Terms