Middle East & Africa Ophthalmic Devices Market Size & Outlook
Middle East & Africa ophthalmic devices market, 2018-2030 (US$M)
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MEA ophthalmic devices market highlights
- The MEA ophthalmic devices market generated a revenue of USD 304.4 million in 2023.
- The market is expected to grow at a CAGR of 5.1% from 2024 to 2030.
- In terms of segment, optical coherence tomography scanners was the largest revenue generating product in 2023.
- Optical Coherence Tomography Scanners is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Turkey is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 304.4 million |
| Market revenue in 2030 | USD 431.8 million |
| Growth rate | 5.1% (CAGR from 2023 to 2030) |
| Largest segment | Optical coherence tomography scanners |
| Fastest growing segment | Optical Coherence Tomography Scanners |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Optical Coherence Tomography Scanners, Fundus Cameras, Perimeters/Visual Field Analysers, Autorefractors and Keratometers, Tonometers, Slit Lamps, Phoropters, Wavefront Aberrometers, Optical Biometry Systems, Ophthalmoscopes, Lensmeters, Corneal Topography Systems, Specular Microscopes, Retinoscopes, Ophthalmic Ultrasound Imaging Systems |
| Key market players worldwide | Johnson & Johnson, Alcon Inc, Carl Zeiss Meditec AG, Bausch & Lomb Corp, Essilorluxottica, Nidek Medical, Topcon Corp, Metall Zug Ltd Class B, Ziemer Ophthalmic Systems |
Other key industry trends
- In terms of revenue, MEA region accounted for 4.5% of the global ophthalmic devices market in 2023.
- Globally, North America 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 2,208.2 million by 2030.
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Ophthalmic Devices Market Scope
Ophthalmic Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa ophthalmic devices 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 ophthalmic devices market will help companies and investors design strategic landscapes.
Optical coherence tomography scanners was the largest segment with a revenue share of 23.19% in 2024. Horizon Databook has segmented the Middle East & Africa ophthalmic devices market based on optical coherence tomography scanners, fundus cameras, perimeters/visual field analysers, autorefractors and keratometers, tonometers, slit lamps, phoropters, wavefront aberrometers, optical biometry systems, ophthalmoscopes, lensmeters, corneal topography systems, specular microscopes, retinoscopes, ophthalmic ultrasound imaging systems covering the revenue growth of each sub-segment from 2018 to 2030.
The expansion of the private healthcare sector in many countries across the Middle East & Africa (MEA) is driven by several factors, notably rising disposable incomes and an increasing preference for higher-quality healthcare services.
Private and government entities are investing heavily in advanced medical technologies, such as ophthalmic devices devices, essential for complex surgeries & critical care interventions.
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Our clientele includes a mix of ophthalmic devices 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 ophthalmic devices market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa ophthalmic devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA ophthalmic devices market size, by country, 2018-2030 (US$M)
Middle East & Africa Ophthalmic Devices Market Outlook Share, 2024 & 2030 (US$M)
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