South Africa Ophthalmic Devices Market Size & Outlook
South Africa ophthalmic devices market, 2018-2030 (US$M)
Related Markets
South Africa ophthalmic devices market highlights
- The South Africa ophthalmic devices market generated a revenue of USD 54.7 million in 2023 and is expected to reach USD 77.8 million by 2030.
- The South Africa market is expected to grow at a CAGR of 5.2% from 2024 to 2030.
- In terms of segment, optical coherence tomography scanners was the largest revenue generating product in 2023.
- Ophthalmoscopes 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 54.7 million |
| Market revenue in 2030 | USD 77.8 million |
| Growth rate | 5.2% (CAGR from 2023 to 2030) |
| Largest segment | Optical coherence tomography scanners |
| Fastest growing segment | Ophthalmoscopes |
| 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, South Africa accounted for 0.8% 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.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Ophthalmic Devices Market Scope
Ophthalmic Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South 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 23.03% in 2024. Horizon Databook has segmented the South 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 ophthalmic devices market in South Africa is poised for significant growth due to several key developments and factors. One significant advancement is the launch of the EyeArt AI system by Eyenuk in collaboration with Discovery Health in December 2021.
This system offers autonomous diabetic retinopathy screening, allowing for early detection and treatment of this sight-threatening condition. Integrating AI technology into routine healthcare screening processes simplifies and accelerates diagnostics, increasing the number of screenings conducted and enabling timely interventions.
Reasons to subscribe to South Africa ophthalmic devices market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of South Africa ophthalmic devices market databook
-
Our clientele includes a mix of ophthalmic devices market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the South Africa ophthalmic devices market , including forecasts for subscribers. This country databook contains high-level insights into South Africa ophthalmic devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
South Africa ophthalmic devices market size, by product, 2018-2030 (US$M)
South Africa Ophthalmic Devices Market Outlook Share, 2024 & 2030 (US$M)
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
