The Middle East and Africa Ophthalmology Devices Market size have been estimated at USD 4.04 Billion in 2022 and to grow USD 5.27 Billion by the end of 2027, growing at a CAGR of 5.46% between 2022 to 2027.
The ophthalmology device market is one of the key growth areas in the medical device industry, with rising demand for better quality healthcare services to improve millions of lives. Ophthalmic devices primarily include glaucoma, refractive, and cataract surgical devices, among others. With rising awareness and fast approvals, growth is most likely to sustain in the coming years.
Ophthalmology is a branch of medicine dealing with diseases relating to physiology, anatomy, and the eyes. Ophthalmology devices encompass a wide range of surgical devices that are primarily used to treat eye conditions. These devices help in reducing the treatment time drastically, at the same time offering better quality protection to the patients. It is also proved to be a convenient way of operating for both ophthalmologists and patients.
Recent years have witnessed the emergence of the Ophthalmology device market owing to the rising eye-related health conditions, advancements in technology, and the increasing aging population. The market is also driven by factors that include increasing expenditure on healthcare spending, rising government expenditure, and developments in healthcare medical devices. However, the market's growth is restricted by a few restraints, which include lack of awareness regarding diseases like glaucoma, lack of healthcare insurance in developing countries, and poor infrastructure.
This research report on the Middle East and Africa Ophthalmology Devices Market has been segmented and sub-segmented into the following categories:
Notable companies in the MEA Ophthalmology Device Market profiled in this report are Johnson & Johnson, Abbott Medical Optics Inc., Carl Zeiss Meditec, Hoya Corporation, Essilor International, Alcon Inc., Topcon Corporation, HAAG-Streit Group, Ziemer Ophthalmic System, Bausch and Lomb Inc., and Nidek Co Ltd.
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