Middle East and Africa Ophthalmology Devices Market, By Product Type (Vision Care Devices, Surgery Devices, Diagnostic and Monitoring Devices), Application (Vision Care, Ophthalmic Woundcare, Cataract Surgery, Oculoplastics, Others), Vision Care Devices (Contact Lenses and Spectacles), End User (Hospitals, Diagnosis Clinics, Franchise Optical Stores, Eye Research Institutes, Government Agencies, Academics), 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 Ophthalmology Devices Market
Ophthalmology devices 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 4.3% 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, glaucoma and astigmatism. The ophthalmology devices are medical equipment designed for surgery, diagnosis and vision correction.
The surge in prevalence of ophthalmic diseases such as macular degeneration, glaucoma, diabetic retinopathy, astigmatism and cataract is primary factor responsible for driving the growth of the ophthalmology devices market. Additionally, the increasing penetration of digital devices and including e-readers, smartphones, laptops, computers among others also heighten the overall growth of the market. However, the low awareness about eye-related diseases and dearth of skilled professionals are estimated to obstruct the market’s growth.
The increase in research and development activities for novel devices development related to vision error and rise in awareness related to devices used in the field of ophthalmology are expected to generate profitable opportunities for the market. On the other hand, disruption in the supply chain and shortage of supplies, due to emergence of the novel coronavirus pose as challenge for the market’s growth.
This ophthalmology devices 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 ophthalmology devices 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 Ophthalmology Devices Market Scope and Market Size
Ophthalmology devices market is segmented on the basis of product type, application, vision care devices 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 type, the market is segmented into diagnostic and monitoring devices, surgery devices and vision care devices. The diagnostic and monitoring devices segment is sub- segmented into optical coherence therapy, ophthalmology ultrasound imaging system, fundus cameras, ophthalmoscopes, retinoscopes, wavefront abberrometers, corneal topography, autorefractors, keratometers, specular microscopes, visual field analyzers, tonometers and slit lamps. The ophthalmology ultrasound imaging system is further sub-sub- segmented into A-scan biometers, B-scan ultrasounds, UBM ultrasounds and pachymeters. The surgery devices segment is sub segmented into cataract surgery devices, glaucoma surgery devices, refractive surgery devices and vitreoretinal surgery devices. The cataract surgery devices segment is sub-sub segmented into intraocular lenses, ophthalmic viscoelasticity devices, phacoemulsification devices and retinoscopes. The glaucoma surgery devices segment is further sub-sub-segmented into glaucoma drainage devices, stents and implants and lasers. The refractive surgery devices segment is sub-sub-segmented into excimer lasers, microkeratomes and femtosecond lasers. The vitreoretinal surgery devices segment is further sub-sub-segmented into vitrectomy machines and packs, photocoagulation lasers, illumination devices and vetrioretinal accessories.
- On the basis of application, the market is segmented into cataract surgery, vision care, ophthalmic wound care, oculoplastics and others.
- On the basis of vision care devices, the market is segmented into contact lenses and spectacles.
- On the basis of end user, the market is segmented into hospitals, academics, eye research institutes, research laboratories, diagnosis clinics, franchise optical stores and government agencies.
Middle East and Africa Ophthalmology Devices Market Country Level Analysis
Ophthalmology devices market is analyzed and market size insights and trends are provided by product type, application, vision care devices and end user as referenced above.
The countries covered in the ophthalmology devices 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 ophthalmology devices 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
Ophthalmology devices 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 ophthalmology devices market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the ophthalmology devices market. The data is available for historic period 2010 to 2019.
Competitive Landscape and Middle East and Africa Ophthalmology Devices Market Share Analysis
Ophthalmology devices 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 ophthalmology devices market.
The major players covered in the ophthalmology devices market report are Essilor, Marco, Heidelberg Engineering GmbH, HAAG-STREIT GROUP, Johnson & Johnson Surgical Vision., HOYA Corporation., Alcon Management S. A., NIDEK CO. LTD., TOPCON CORPORATION, ZEISS International, Canon Inc., CooperVision, Bausch & Lomb Incorporated., STAAR SURGICAL, Glaukos, EssilorLuxottica, AcuFocus, Inc., Ziemer Ophthalmic Systems, HOYA Corporation among other. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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