Middle East & Africa Ophthalmology Devices Market Forecast to 2031 - Regional Analysis

Description

List of Tables

The Middle East & Africa ophthalmology devices market was valued at US$ 2,186.05 million in 2023 and is expected to reach US$ 3,033.95 million by 2031; it is estimated to register at a CAGR of 4.2% from 2023 to 2031.

Upsurge in Incidence of Ophthalmic Disorders Bolsters Middle East & Africa Ophthalmology Devices Market

Ophthalmic devices are designed for surgical, diagnostic, and vision correction purposes. These devices have gained substantial importance over the years due to the high incidence of cataracts, glaucoma, and other vision-related issues. According to Eurostat, Cataracts are the leading cause of avoidable blindness, accounting for 20 million cases of blindness and 65.2 million cases of progressive visual loss globally. As people age, its prevalence rises; it reaches 92% at age 80 and beyond, from 4% at age 55 to 64. Cataract surgery is the most popular and successful procedure in all medicine. Every year, more than 30 million people have this procedure. Furthermore, according to the most recent Global Burden of Disease Study (GBD), there will be 43.3 million blind people, 295 million people with moderate to severe visual impairment, and 258 million people with mild visual impairment globally in 2020. It is predicted that between 2020 and 2050, the number of persons with visual impairment and blindness will increase by 90% and 50%, respectively.

The Middle East and Africa's population is aging, and sight loss is more common as people age. Furthermore, the prevalence of important underlying causes of vision loss, such as diabetes and obesity, is rising. This indicates that the number of individuals with vision impairment is probably going to rise significantly over the next 25 years. Hence, the rising burden of ophthalmic diseases such as cataracts among adult and older populations propels the need for vision care devices (contact lenses, spectacle lenses, etc.), diagnostics and monitoring devices (ophthalmic ultrasound imaging systems, fundus cameras, and so on), and surgical devices (refractive surgical devices, ophthalmic microscopes, etc.). The demand for quality eye care products is increasing with a rise in the prevalence of ophthalmic diseases across the region.

Middle East & Africa Ophthalmology Devices Market Overview

The Middle East & Africa ophthalmology devices market is segmented into Saudi Arabia, the UAE, South Africa, and the Rest of Middle East & Africa. The market growth in this region is attributed to the growing prevalence of eye diseases and various initiatives taken by governments to boost infrastructure in the respective countries. According to a recent report by the Gulf Cooperation Council (GCC), GCC countries made the world's most prominent investments in healthcare infrastructure during 2010-2020.

It is observed that aging population in Saudi Arabia is also expected to increase the demand for ophthalmic devices as they are more susceptible to developing age-related eye diseases such as cataracts, glaucoma, diabetic retinopathy, age-related macular degeneration, and presbyopia. Further, according to the United Nations Population Fund, in 2022, 72% of the population in Saudi Arabia is aged 15-64 years, while the remaining 4% are aged 65 and above.

Therefore, an upsurge in eye diseases and an aging population is expected to support the ophthalmology devices market growth in Saudi Arabia in the coming years.

Middle East & Africa Ophthalmology Devices Market Revenue and Forecast to 2031 (US$ Million)

Middle East & Africa Ophthalmology Devices Market Segmentation

The Middle East & Africa ophthalmology devices market is segmented based on product, application, end user, and country.

Based on product, the North America ophthalmology devices market is segmented into vision care products, surgical devices, and diagnostics and monitoring devices. The vision care products segment held the largest share in 2023.

In terms of application, the North America ophthalmology devices market is segmented into cataract, glaucoma, refractory disorders, vitreoretinal disorders, and other applications. The glaucoma segment held the largest share in 2023.

By end user, the North America ophthalmology devices market is segmented into hospital and eye clinics, academic and research laboratories, and other end users. The hospital and eye clinics segment held the largest share in 2023.

Based on country, the Middle East & Africa ophthalmology devices market is categorized into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. Saudi Arabia dominated the Middle East & Africa ophthalmology devices market in 2023.

Key players operating in the Middle East & Africa ophthalmology devices market are Johnson & Johnson Vision Care Inc, Alcon AG, Carl Zeiss Meditec, Bausch & Lomb Inc, Essilor Intonational SAS, Nidek Co Ltd, Topcon Corp, and Hoya Corp are some of the leading companies operating in the Middle East & Africa ophthalmology devices market.

Product Code: BMIRE00030917

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 Secondary Research
3.2 Primary Research
- 3.2.1 Hypothesis formulation:
- 3.2.2 Macro-economic factor analysis:
- 3.2.3 Developing base number:
- 3.2.4 Data Triangulation:
- 3.2.5 Country level data:

4. Middle East & Africa Ophthalmology Devices Market - Key Market Dynamics

4.1 Middle East & Africa Ophthalmology Devices Market - Key Market Dynamics
4.2 Market Drivers
- 4.2.1 Upsurge in Incidence of Ophthalmic Disorders
- 4.2.2 Increasing Number of Product Launches, Collaborations, Acquisitions
4.3 Market Restraints
- 4.3.1 High Cost of Ophthalmic Surgeries
4.4 Market Opportunities
- 4.4.1 Technological Advancements in Ophthalmic Devices
4.5 Future Trends
- 4.5.1 Growing Focus on Telemedicine for Eye Care Services
4.6 Impact analysis

5. Ophthalmology Devices Market -Middle East & Africa Market Analysis

5.1 Middle East & Africa Ophthalmology Devices Market Revenue (US$ Million), 2021-2031

6. Middle East & Africa Ophthalmology Devices Market Analysis - by Product

6.1 Middle East & Africa Ophthalmology Devices Market Breakdown, by Product
- 6.1.1 Middle East & Africa Ophthalmology Devices Market Breakdown, by Vision Care Devices
- 6.1.2 Middle East & Africa Ophthalmology Devices Market Breakdown, by Diagnostic and Monitoring Devices
- 6.1.3 Middle East & Africa Ophthalmology Devices Market Breakdown, by Surgical Devices
6.2 Vision Care Devices
- 6.2.1 Overview
- 6.2.2 Vision Care Devices: Middle East & Africa Ophthalmology Devices Market - Revenue and Forecast to 2031 (US$ Million)
6.3 Diagnostic and Monitoring Devices
- 6.3.1 Overview
- 6.3.2 Diagnostic and Monitoring Devices: Middle East & Africa Ophthalmology Devices Market - Revenue and Forecast to 2031 (US$ Million)
6.4 Surgical Devices
- 6.4.1 Overview
- 6.4.2 Surgical Devices: Middle East & Africa Ophthalmology Devices Market - Revenue and Forecast to 2031 (US$ Million)

7. Middle East & Africa Ophthalmology Devices Market Analysis - by Application

7.1 Glaucoma
- 7.1.1 Overview
- 7.1.2 Glaucoma: Middle East & Africa Ophthalmology Devices Market - Revenue and Forecast to 2031 (US$ Million)
7.2 Cataract
- 7.2.1 Overview
- 7.2.2 Cataract: Middle East & Africa Ophthalmology Devices Market - Revenue and Forecast to 2031 (US$ Million)
7.3 Vitreoretinal Disorders
- 7.3.1 Overview
- 7.3.2 Vitreoretinal Disorders: Middle East & Africa Ophthalmology Devices Market - Revenue and Forecast to 2031 (US$ Million)
7.4 Refractory Disorders
- 7.4.1 Overview
- 7.4.2 Refractory Disorders: Middle East & Africa Ophthalmology Devices Market - Revenue and Forecast to 2031 (US$ Million)
7.5 Others
- 7.5.1 Overview
- 7.5.2 Others: Middle East & Africa Ophthalmology Devices Market - Revenue and Forecast to 2031 (US$ Million)

8. Middle East & Africa Ophthalmology Devices Market Analysis - by End User

8.1 Hospitals and Eye Clinics
- 8.1.1 Overview
- 8.1.2 Hospitals and Eye Clinics: Middle East & Africa Ophthalmology Devices Market - Revenue and Forecast to 2031 (US$ Million)
8.2 Academic and Research Laboratory
- 8.2.1 Overview
- 8.2.2 Academic and Research Laboratory: Middle East & Africa Ophthalmology Devices Market - Revenue and Forecast to 2031 (US$ Million)
8.3 Others
- 8.3.1 Overview
- 8.3.2 Others: Middle East & Africa Ophthalmology Devices Market - Revenue and Forecast to 2031 (US$ Million)

9. Middle East & Africa Ophthalmology Devices Market -Country Analysis

9.1 Middle East & Africa
- 9.1.1 Middle East & Africa: Ophthalmology Devices Market - Revenue and Forecast Analysis - by Country
  - 9.1.1.1 Saudi Arabia: Ophthalmology Devices Market - Revenue and Forecast to 2031 (US$ Million)
    - 9.1.1.1.1 Saudi Arabia: Ophthalmology Devices Market Breakdown, by Product
    - 9.1.1.1.2 Saudi Arabia: Ophthalmology Devices Market Breakdown, by Vision Care Devices
    - 9.1.1.1.3 Saudi Arabia: Ophthalmology Devices Market Breakdown, by Diagnostic And Monitoring Devices
    - 9.1.1.1.4 Saudi Arabia: Ophthalmology Devices Market Breakdown, by Surgical Devices
    - 9.1.1.1.5 Saudi Arabia: Ophthalmology Devices Market Breakdown, by Application
    - 9.1.1.1.6 Saudi Arabia: Ophthalmology Devices Market Breakdown, by End User
  - 9.1.1.2 South Africa: Ophthalmology Devices Market - Revenue and Forecast to 2031 (US$ Million)
    - 9.1.1.2.1 South Africa: Ophthalmology Devices Market Breakdown, by Product
    - 9.1.1.2.2 South Africa: Ophthalmology Devices Market Breakdown, by Vision Care Devices
    - 9.1.1.2.3 South Africa: Ophthalmology Devices Market Breakdown, by Diagnostic And Monitoring Devices
    - 9.1.1.2.4 South Africa: Ophthalmology Devices Market Breakdown, by Surgical Devices
    - 9.1.1.2.5 South Africa: Ophthalmology Devices Market Breakdown, by Application
    - 9.1.1.2.6 South Africa: Ophthalmology Devices Market Breakdown, by End User
  - 9.1.1.3 United Arab Emirates: Ophthalmology Devices Market - Revenue and Forecast to 2031 (US$ Million)
    - 9.1.1.3.1 United Arab Emirates: Ophthalmology Devices Market Breakdown, by Product
    - 9.1.1.3.2 United Arab Emirates: Ophthalmology Devices Market Breakdown, by Vision Care Devices
    - 9.1.1.3.3 United Arab Emirates: Ophthalmology Devices Market Breakdown, by Diagnostic And Monitoring Devices
    - 9.1.1.3.4 United Arab Emirates: Ophthalmology Devices Market Breakdown, by Surgical Devices
    - 9.1.1.3.5 United Arab Emirates: Ophthalmology Devices Market Breakdown, by Application
    - 9.1.1.3.6 United Arab Emirates: Ophthalmology Devices Market Breakdown, by End User
  - 9.1.1.4 Rest of Middle East & Africa: Ophthalmology Devices Market - Revenue and Forecast to 2031 (US$ Million)
    - 9.1.1.4.1 Rest of Middle East & Africa: Ophthalmology Devices Market Breakdown, by Product
    - 9.1.1.4.2 Rest of Middle East & Africa: Ophthalmology Devices Market Breakdown, by Vision Care Devices
    - 9.1.1.4.3 Rest of Middle East & Africa: Ophthalmology Devices Market Breakdown, by Diagnostic And Monitoring Devices
    - 9.1.1.4.4 Rest of Middle East & Africa: Ophthalmology Devices Market Breakdown, by Surgical Devices
    - 9.1.1.4.5 Rest of Middle East & Africa: Ophthalmology Devices Market Breakdown, by Application
    - 9.1.1.4.6 Rest of Middle East & Africa: Ophthalmology Devices Market Breakdown, by End User

10. Industry Landscape

10.1 Overview
10.2 Growth Strategies in Ophthalmology Devices Market
10.3 Organic Growth Strategies
- 10.3.1 Overview
10.4 Inorganic Growth Strategies
- 10.4.1 Overview

11. Company Profiles

11.1 Johnson & Johnson Vision Care Inc
- 11.1.1 Key Facts
- 11.1.2 Business Description
- 11.1.3 Products and Services
- 11.1.4 Financial Overview
- 11.1.5 SWOT Analysis
- 11.1.6 Key Developments
11.2 Alcon AG
- 11.2.1 Key Facts
- 11.2.2 Business Description
- 11.2.3 Products and Services
- 11.2.4 Financial Overview
- 11.2.5 SWOT Analysis
- 11.2.6 Key Developments
11.3 Carl Zeiss Meditec
- 11.3.1 Key Facts
- 11.3.2 Business Description
- 11.3.3 Products and Services
- 11.3.4 Financial Overview
- 11.3.5 SWOT Analysis
- 11.3.6 Key Developments
11.4 Bausch & Lomb Inc
- 11.4.1 Key Facts
- 11.4.2 Business Description
- 11.4.3 Products and Services
- 11.4.4 Financial Overview
- 11.4.5 SWOT Analysis
- 11.4.6 Key Developments
11.5 Essilor International SAS
- 11.5.1 Key Facts
- 11.5.2 Business Description
- 11.5.3 Products and Services
- 11.5.4 Financial Overview
- 11.5.5 SWOT Analysis
- 11.5.6 Key Developments
11.6 Nidek Co Ltd
- 11.6.1 Key Facts
- 11.6.2 Business Description
- 11.6.3 Products and Services
- 11.6.4 Financial Overview
- 11.6.5 SWOT Analysis
- 11.6.6 Key Developments
11.7 Topcon Corp
- 11.7.1 Key Facts
- 11.7.2 Business Description
- 11.7.3 Products and Services
- 11.7.4 Financial Overview
- 11.7.5 SWOT Analysis
- 11.7.6 Key Developments
11.8 Hoya Corp
- 11.8.1 Key Facts
- 11.8.2 Business Description
- 11.8.3 Products and Services
- 11.8.4 Financial Overview
- 11.8.5 SWOT Analysis
- 11.8.6 Key Developments

12. Appendix

12.1 About The Insight Partners
12.2 Glossary of Terms for Ophthalmology Devices Market