Saudi Arabia Ophthalmic Devices Market Size & Outlook
Saudi Arabia ophthalmic devices market, 2018-2030 (US$M)
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Saudi Arabia ophthalmic devices market highlights
- The Saudi Arabia ophthalmic devices market generated a revenue of USD 39.5 million in 2023 and is expected to reach USD 58.1 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 5.7% from 2024 to 2030.
- In terms of segment, optical coherence tomography scanners was the largest revenue generating product in 2023.
- Specular Microscopes is the most lucrative product segment registering the fastest growth during the forecast period.
Ophthalmic devices market data book summary
| Market revenue in 2023 | USD 39.5 million |
| Market revenue in 2030 | USD 58.1 million |
| Growth rate | 5.7% (CAGR from 2023 to 2030) |
| Largest segment | Optical coherence tomography scanners |
| Fastest growing segment | Specular Microscopes |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, Saudi Arabia accounted for 0.6% of the global ophthalmic devices 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 ophthalmic devices market is projected to lead the regional market in terms of revenue in 2030.
- Turkey is the fastest growing regional market in Middle East & Africa and is projected to reach USD 46.1 million by 2030.
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Ophthalmic Devices Market Scope
Ophthalmic Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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Saudi Arabia 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 23.04% in 2024. Horizon Databook has segmented the Saudi Arabia 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 large-scale AI-based diabetic tele-retinopathy screening project in Saudi Arabia, as detailed in a BMJ blog from March 2024, is expected to enhance the country’s ophthalmic devices market significantly.
The initiative leverages AI to screen for diabetic retinopathy, addressing a prevalent issue due to the high diabetes rate. By improving the early detection and management of retinal diseases, this project increases demand for advanced imaging technologies.
Integrating AI in retinal screening can promote efficiency and accuracy, leading to greater adoption of such devices in medical practices across Saudi Arabia, ultimately driving market growth.
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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 country-level data and insights on the Saudi Arabia ophthalmic devices market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia ophthalmic devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia ophthalmic devices market size, by product, 2018-2030 (US$M)
Saudi Arabia Ophthalmic Devices Market Outlook Share, 2024 & 2030 (US$M)
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