Middle East & Africa Myopia And Presbyopia Treatment Market Size & Outlook
Middle East & Africa myopia and presbyopia treatment market, 2018-2030 (US$M)
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MEA myopia and presbyopia treatment market highlights
- The MEA myopia and presbyopia treatment market generated a revenue of USD 1,432.5 million in 2023.
- The market is expected to grow at a CAGR of 6.3% from 2024 to 2030.
- In terms of segment, myopia was the largest revenue generating type in 2023.
- Presbyopia is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, South Africa is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 1,432.5 million |
| Market revenue in 2030 | USD 2,198.2 million |
| Growth rate | 6.3% (CAGR from 2023 to 2030) |
| Largest segment | Myopia |
| Fastest growing segment | Presbyopia |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Myopia, Presbyopia |
| Key market players worldwide | Johnson & Johnson, Essilorluxottica, ZEISS Group, Alcon Inc, Bausch & Lomb Corp, Topcon Corp, Ziemer Ophthalmic Systems, Nidek, Haag-Streit |
Other key industry trends
- In terms of revenue, MEA region accounted for 7.7% of the global myopia and presbyopia treatment market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 10,501.8 million by 2030.
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Myopia And Presbyopia Treatment Market Scope
Myopia And Presbyopia Treatment Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa myopia and presbyopia treatment market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to myopia and presbyopia treatment market will help companies and investors design strategic landscapes.
Myopia was the largest segment with a revenue share of 62.06% in 2023. Horizon Databook has segmented the Middle East & Africa myopia and presbyopia treatment market based on myopia, presbyopia covering the revenue growth of each sub-segment from 2018 to 2030.
Middle East and African region is expected to grow at a healthy rate over the forecast period. This can be attributed to the large patient pool and growing awareness about several ophthalmic treatment procedures.
The prevalence of myopia and high myopia is expected to increase in the high-income countries of the Middle East. The high-income countries of the Middle East, such as the UAE & Saudi Arabia, have developed ophthalmic care facilities, however, many countries of the African region lack even basic ophthalmic care.
There are several eye care programs run by NGOs across several regions of Africa, for instance, Noor Dubai in Jul 2019 signed a memorandum of understanding to launch a 4-year sustainable and comprehensive eye care program in Nigeria.
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Our clientele includes a mix of myopia and presbyopia treatment market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa myopia and presbyopia treatment market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa myopia and presbyopia treatment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA myopia and presbyopia treatment market size, by country, 2018-2030 (US$M)
Middle East & Africa Myopia And Presbyopia Treatment Market Outlook Share, 2023 & 2030 (US$M)
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