Middle East and Africa Ophthalmic Surgical Instruments Market, By Product (Cataract Surgery Devices, Refractive Surgery Devices, Glaucoma Surgery Devices, Vitreoretinal Surgery Devices, Ophthalmic Microscopes, Ophthalmic Surgical Accessories), Application (Cataract, Refractive, Glaucoma, Vitreoretinal, Diabetic Retinopathy, Others), End User (Hospitals, Specialty Clinics, Ambulatory Surgery Centers), Country (South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights of Middle East and Africa Ophthalmic Surgical Instruments
Ophthalmic surgical instruments market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to grow at a CAGR of 5.46% in the above-mentioned forecast period.
Ophthalmology is basically the branch of medical science study of the eye and its various structure, function and treatment, cure and diagnosis of eye diseases and clinical conditions, such as cataract, diabetic retinopathy, age-related macular degeneration, vision loss due to aging, refractive eye state, glaucoma, peripheral vitreoretinal disease and astigmatism. The ophthalmic surgical instruments are surgical equipment designed for surgery of various eye condition or diseases.
The surge in the geriatric population and increasing prevalence of chronic disorders such as diabetes and hypertension is the significant factor responsible for driving the growth of the ophthalmic surgical instruments market. Additionally, the growth in penetration of digital devices such as smartphones, laptops, e-readers, and computers and the surging amount of age-related macular degeneration (AMD) cases also heighten the market's overall growth. However, the high costs of ophthalmology devices and dearth of skilled professionals is estimated to obstruct the market’s growth.
The introduction of intraocular lenses (IOLs) and surging awareness regarding the ophthalmic surgical instruments is expected to generate profitable opportunities for the market. On the other hand, the dearth of awareness and low access to eye care in low-income economies can challenge the market’s growth.
This ophthalmic surgical instruments market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on Data Bridge Market Research ophthalmic surgical instruments market contact us for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Middle East and Africa Ophthalmic Surgical Instruments Market Scope and Market Size
Ophthalmic surgical instruments market is segmented on the basis of product, application and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of product, the market is segmented into cataract surgery devices, refractive surgery devices, glaucoma surgery devices, vitreoretinal surgery devices, ophthalmic microscopes and ophthalmic surgical accessories. The cataract surgery devices is sub-segmented into intraocular lenses, ophthalmic viscoelastic devices, phacoemulsification devices, cataract surgery lasers, iol injectors and cataract surgery instruments and kits. The glaucoma surgery devices is sub-segmented into glaucoma drainage devices (GDDS), glaucoma stents and implants, glaucoma laser systems, micro-invasive glaucoma surgery devices and glaucoma surgery instruments and kits. The refractive surgery devices are sub-segmented into femtosecond lasers, excimer lasers, other lasers and refractive surgery instruments and kits. The vitreoretinal surgery devices are sub-segmented into vitreoretinal packs, vitrectomy machines, photocoagulation lasers, illumination devices, vitrectomy probes and vitreoretinal surgery instruments.
- On the basis of application, the ophthalmic surgical instruments market is segregated into cataract, refractive, glaucoma, vitreoretinal, diabetic retinopathy and others.
- On the basis of end user, the market is segregated into hospitals, specialty clinics, ambulatory surgery centers and others.
Middle East and Africa Ophthalmic Surgical Instruments Market Country Level Analysis
Ophthalmic surgical instruments market is analyzed and market size insights and trends are provided by product, application and end user as referenced above.
The countries covered in the ophthalmic surgical instruments market report are Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
The country section of the ophthalmic surgical instruments market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of Middle East and Africa brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare infrastructure growth installed base and new technology penetration
Ophthalmic surgical instruments market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment’s, installed base of different kind of products for ophthalmic surgical instruments market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the ophthalmic surgical instruments market. The data is available for historic period 2010 to 2019.
Competitive Landscape and Middle East and Africa Ophthalmic surgical instruments Market Share Analysis
Ophthalmic surgical instruments market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Middle East and Africa presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to ophthalmic surgical instruments market.
The major players covered in the ophthalmic surgical instruments market report are ZEISS, Leica Microsystem, Johnson & Johnson Private Limited, Heidelberg Engineering GmbH, HAAG-STREIT GROUP, Johnson & Johnson Surgical Vision., Quantel Medical, Bausch Health Companies Inc., NIDEK CO., LTD., Novartis AG, Ellex Inc., Ziemer Ophthalmic Systems, HOYA Corporation, Lumenis, STAAR SURGICAL, IRIDEX Corporation, TOPCON, Takagi Ophthalmic Instruments Europe LTD, Medical Technical Products, IVIS Technologies, Aurolab, Inami & Co., Ltd. among other. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.