UAE Myopia And Presbyopia Treatment Market Size & Outlook
UAE myopia and presbyopia treatment market, 2018-2030 (US$M)
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UAE myopia and presbyopia treatment market highlights
- The UAE myopia and presbyopia treatment market generated a revenue of USD 135.9 million in 2023 and is expected to reach USD 209.7 million by 2030.
- The UAE market is expected to grow at a CAGR of 6.4% 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 135.9 million |
| Market revenue in 2030 | USD 209.7 million |
| Growth rate | 6.4% (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, UAE accounted for 0.7% 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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UAE 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 64.02% in 2023. Horizon Databook has segmented the UAE myopia and presbyopia treatment market based on myopia, presbyopia covering the revenue growth of each sub-segment from 2018 to 2030.
The developing ophthalmic care facilities, growing prevalence of refractive errors, and efficient insurance coverage policies on refractive surgeries are factors contributing toward growth of the market.
For instance, Daman health insurance is a government affiliated company with maximum coverage for a significant number of people in Dubai. It helps cover the expenditure on Lasik surgery under its Thika healthcare scheme, for the member UAE residents residing in Abu Dhabi, depending on the medical necessity of a surgery.
This is expected to drive the number of ophthalmic laser surgeries to reduce spectacle usage permanently. Furthermore, a strong chain of optical shops in the UAE, such as ZO&MO, Barakat Optical, & Dubai Optical, and developed ophthalmology care centers are expected to drive the market over the forecast period.
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Target buyers of UAE 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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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the UAE myopia and presbyopia treatment market , including forecasts for subscribers. This country databook contains high-level insights into UAE myopia and presbyopia treatment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UAE myopia and presbyopia treatment market size, by type, 2018-2030 (US$M)
UAE Myopia And Presbyopia Treatment Market Outlook Share, 2023 & 2030 (US$M)
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