UAE Ophthalmic Packaging Market Size & Outlook, 2022-2030
UAE ophthalmic packaging market, 2017-2030 (US$M)
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UAE ophthalmic packaging market highlights
- The UAE ophthalmic packaging market generated a revenue of USD 26.2 million in 2022 and is expected to reach USD 54.6 million by 2030.
- The UAE market is expected to grow at a CAGR of 9.6% from 2023 to 2030.
- In terms of segment, multi dose was the largest revenue generating dose in 2022.
- Multi dose is the most lucrative dose segment registering the fastest growth during the forecast period.
Ophthalmic packaging market data book summary
| Market revenue in 2022 | USD 26.2 million |
| Market revenue in 2030 | USD 54.6 million |
| Growth rate | 9.6% (CAGR from 2022 to 2030) |
| Largest segment | Multi dose |
| Fastest growing segment | Multi dose |
| Historical data | 2017 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Multi dose, Single dose |
| Key market players worldwide | Amcor PLC, West Pharmaceutical Services Inc, Gerresheimer AG ADR, Schott Pharma AG & CO KGaA, AptarGroup Inc, BD |
Other key industry trends
- In terms of revenue, UAE accounted for 0.2% of the global ophthalmic packaging market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, South Africa ophthalmic packaging 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 127.1 million by 2030.
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Ophthalmic Packaging Market Scope
Ophthalmic Packaging Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
UAE ophthalmic packaging 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 packaging market will help companies and investors design strategic landscapes.
Multi dose was the largest segment with a revenue share of 72.14% in 2022. Horizon Databook has segmented the UAE ophthalmic packaging market based on multi dose, single dose covering the revenue growth of each sub-segment from 2017 to 2030.
High prevalence pf diabetes and awareness initiatives on eye disorders undertaken by health experts are expected to drive growth of UAE ophthalmic drug market. According to the International Diabetes Federation, 17.3% of the population in the UAE, between of 20 and 79 years, has diabetes, and the risk of developing an ocular disease like glaucoma increases with the condition.
According to the NCBI study, diabetes increased the incidence of glaucoma by 36%. Since ophthalmic medications formulated as eye drops are the primary treatment in glaucoma, increasing prevalence of glaucoma is anticipated to boost demand for eye drop containers.
In addition, health experts such as Moor fields Eye Hospital and Cleveland health clinic are emphasizing on importance of regular eye checkups to the residents of UAE, which is expected to aid market growth.
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Target buyers of UAE ophthalmic packaging market databook
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Our clientele includes a mix of ophthalmic packaging 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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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 UAE ophthalmic packaging market, including forecasts for subscribers. This country databook contains high-level insights into UAE ophthalmic packaging market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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UAE ophthalmic packaging market size, by dose, 2017-2030 (US$M)
UAE Ophthalmic Packaging Market Share, 2022 & 2030 (US$M)
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