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Report
UAE Ophthalmic Equipment Market By Product (Vision Care Products, Ophthalmology Surgical Devices, Diagnostic & Monitoring Devices, Others), By Application (Glaucoma, Amblyopia, Cataract, Retinal Detachment, Others), By End User (Hospitals & Clinics, Ambulatory Care Centers, Others), By Region, Competition Forecast & Opportunities, 2027
Market Report I 2023-02-01 I 78 Pages I TechSci Research
UAE ophthalmic equipment market is anticipated to register growth with an impressive CAGR in the forecast period, 2023-2027, on the account of increasing instances of eye diseases. Increasing instances of diabetes further increase the risk of affecting eyesight and higher chances of eye infection in diabetic patients, therefore further driving the growth of the UAE ophthalmic equipment market in the upcoming five years. Also, growing research about eye diseases, and growing research related to the therapeutic approaches for treatment also aids the growth of the UAE ophthalmic equipment market in the next five years.
Diabetes Increases Patient Burden
Increasing instances of diabetes are a major cause for the increasing instances of eye diseases among the population of the country thereby driving the growth of the UAE ophthalmic equipment market in the upcoming five years. As of 2021, more than 1 million population is suffering from diabetes in the country. In the year 2021, among every 1000 population mark of the country, over 990 people suffer from diabetes. The cases of diabetes are higher among the geriatric population of the country. One in every 5 people aged over 69 years suffers from diabetes in the country. By 2019, over 19% of the adult population aged between 20 years to 79 years were suffering from type II diabetes. The country stands at the 10th largest population suffering from diabetes on the world scale.
Diabetes causes various eye diseases like diabetes retinopathy, cataracts, glaucoma, or retinal vessel occlusion. Increasing instances of such diseases would upsurge the demand for more efficient and effective diagnostic ophthalmic equipment and therapeutic ophthalmic equipment.
Increasing Medical Tourism Promises Market Growth
UAE healthcare industry is expanding rapidly with the increasing medical tourism in recent years. Patients are crossing miles to obtain world-class healthcare facilities in the country. Through medical tourism alone, the country increases its annual revenues by 15% - 20% every year. Asian countries like India, Singapore, Thailand, South Korea, and China are known to have collaborated with the UAE to promote medical tourism as well as investing millions of dollars to support the increase in demand for access to quality care across borders.
People from other countries are seeking ophthalmic surgeries, treatment, and diagnosis from the UAE healthcare industry owing to their world-class facilities and convenient services. Dubai Health Care City is attracting a large population from Asian countries like India, Malaysia, Singapore, and Thailand. Modern and well-equipped hospitals are experiencing a surge in the number of international patients owing to the private healthcare sector, foreign-trained doctors & specialists, and excellent patient care thus aiding the growth of the UAE ophthalmic equipment market in the next five years.
Market Segmentation
The UAE ophthalmic equipment market is segmented by product, application, end-user, competitional landscape, and regional distribution. Based on product, the market is further segmented into vision care products, ophthalmology surgical devices, diagnostic & monitoring devices, and others. By application, the market is bifurcated into glaucoma, amblyopia, cataract, retinal detachment, and others. By end user, the market is fragmented into hospitals & clinics, ambulatory care centers, and others. The market analysis also studies the regional segmentation to devise regional market segmentation, divided among Abu Dhabi, Dubai, Sharjah, and the rest of UAE.
Company Profile
Alcon Inc., Johnson & Johnson Middle East FZ-LLC, CooperVision UAE, Bausch Health Companies, Inc UAE, Carl Zeiss Vision MENA FZE, Glaukos Corporation UAE, Atlas Medical FZCO, Nidek UAE (Abtahi Medical), among others is a partial list of major market players of the companies responsible for the growth of UAE ophthalmic equipment market.
Report Scope:
In this report, UAE ophthalmic equipment market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
- UAE Ophthalmic Equipment Market, By Product Type:
o Vision Care Products
o Ophthalmology Surgical Devices
o Diagnostic & Monitoring Devices
o Others
- UAE Ophthalmic Equipment Market, By Application:
o Glaucoma
o Amblyopia
o Cataract
o Retinal Detachment
o Others
- UAE Ophthalmic Equipment Market, By End User:
o Hospitals & Clinics
o Ambulatory Care Centers
o Others
- UAE Ophthalmic Equipment Market, By Region:
o Abu Dhabi
o Dubai
o Sharjah
o Rest of UAE
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in UAE ophthalmic equipment market.
Available Customizations:
With the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to five).
1. Product Overview
2. Research Methodology
3. Impact of COVID-19 on UAE Ophthalmic Equipment Market
4. Voice of Customer
5. Executive Summary
6. UAE Ophthalmic Equipment Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Product (Vision Care Products, Ophthalmology Surgical Devices, Diagnostic & Monitoring Devices, Others)
6.2.2. By Application (Glaucoma, Amblyopia, Cataract, Retinal Detachment, Others)
6.2.3. By End User (Hospitals & Clinics, Ambulatory Care Centers, Others)
6.2.4. By Company (2021)
6.2.5. By Region
6.3. Product Market Map
7. UAE Vision Care Products Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Application
7.2.2. By End User
8. UAE Ophthalmology Surgical Devices Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Application
8.2.2. By End User
9. UAE Diagnostic & Monitoring Devices Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value
9.2. Market Share & Forecast
9.2.1. By Application
9.2.2. By End User
10. Market Dynamics
10.1. Drivers
10.2. Challenges
11. Market Trends & Developments
12. Policy & Regulatory Landscape
13. UAE Economic Profile
14. Competitive Landscape
14.1. Alcon Inc.
14.2. Johnson & Johnson Middle East FZ-LLC
14.3. CooperVision UAE
14.4. Bausch Health Companies, Inc UAE
14.5. Carl Zeiss Vision MENA FZE
14.6. Glaukos Corporation UAE
14.7. Atlas Medical FZCO
14.8. Nidek UAE (Abtahi Medical)
15. Strategic Recommendations
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