South Africa Myopia And Presbyopia Treatment Market Size & Outlook
South Africa myopia and presbyopia treatment market, 2018-2030 (US$M)
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South Africa myopia and presbyopia treatment market highlights
- The South Africa myopia and presbyopia treatment market generated a revenue of USD 215.2 million in 2023 and is expected to reach USD 334.1 million by 2030.
- The South Africa market is expected to grow at a CAGR of 6.5% 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.
Myopia and presbyopia treatment market data book summary
| Market revenue in 2023 | USD 215.2 million |
| Market revenue in 2030 | USD 334.1 million |
| Growth rate | 6.5% (CAGR from 2023 to 2030) |
| Largest segment | Myopia |
| Fastest growing segment | Presbyopia |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, South Africa accounted for 1.2% of the global myopia and presbyopia treatment market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, South Africa myopia and presbyopia treatment market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 334.1 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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South 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 59.99% in 2023. Horizon Databook has segmented the South Africa myopia and presbyopia treatment market based on myopia, presbyopia covering the revenue growth of each sub-segment from 2018 to 2030.
South Africa is expected to experience a significant growth over the forecast period. The factors driving the market are increasing awareness about eye care, developing ophthalmic care facilities, and increasing number of ophthalmic conferences held in the country.
The event is expected to bring major stakeholders, such as scientists, industrial delegates, ophthalmologist, & hospitals together, which is expected to increase awareness and availability of several advanced & innovative ophthalmology treatment procedures in South Africa.
Therefore, increasing awareness coupled with advancing ophthalmology care is expected to impel growth of the South African market. Healthcare expenditure in South Africa is low, and access to diagnostic tests is poor for most people in the country.
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Target buyers of South Africa myopia and presbyopia treatment market databook
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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 country-level data and insights on the South Africa myopia and presbyopia treatment market , including forecasts for subscribers. This country databook contains high-level insights into South Africa myopia and presbyopia treatment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa myopia and presbyopia treatment market size, by type, 2018-2030 (US$M)
South Africa Myopia And Presbyopia Treatment Market Outlook Share, 2023 & 2030 (US$M)
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