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dublin, June 30, 2023 /PRNewswire/—— “UAE Ophthalmic Devices Market By Product (Vision Care Products, Ophthalmic Surgical Devices, Diagnostic & Monitoring Devices And Others), By Application, By End User, By Region, Competitive Forecasts & Opportunities, 2027” report added to ResearchAndMarkets.com’s dedication.
Rising research on eye diseases, as well as research related to treatments, will also contribute to the growth of the UAE ophthalmic devices market over the next five years.
The UAE ophthalmic devices market is expected to grow at an impressive CAGR during the forecast period 2023 to 2027 owing to rising cases of ophthalmic diseases. Rising cases of diabetes further increases the risk of diabetics affecting vision and higher chances of eye infections, thereby further driving the growth of the UAE ophthalmic devices market over the next five years.
Diabetes increases patient burden
Rising cases of diabetes is the main reason behind the rise in cases of eye diseases in the country’s population, thereby driving the growth of the UAE ophthalmic devices market over the next five years. As of 2021, more than 1 million people in the country are living with diabetes. In 2021, for every 1,000 people in the country, more than 990 people will suffer from diabetes.
Diabetes cases are higher among the country’s older population. In this country, 1 in 5 people over the age of 69 has diabetes. In 2019, more than 19% of the adult population aged 20 to 79 had type 2 diabetes. The country has the tenth highest diabetes population in the world.
Diabetes can lead to various eye diseases such as diabetic retinopathy, cataracts, glaucoma or occlusion of blood vessels in the retina. Rising cases of such diseases will increase the demand for more efficient and effective ophthalmic diagnostic equipment and ophthalmic therapeutic equipment.
Increase in medical tourism is expected to drive market growth
In recent years, the healthcare sector in the UAE has been expanding rapidly with the growth of medical tourism. Patients travel thousands of miles to the country seeking world-class medical facilities.
The country’s annual revenue is increasing by 15% – 20% every year through medical tourism alone.Asian countries like India, Singapore, Thailand, South Koreaand China They are known to work with the UAE to promote medical tourism and invest millions of dollars to support the growing demand for quality care across borders.
People from other countries are seeking eye surgery, treatment and diagnosis due to the world-class facilities and accessible services in the UAE healthcare industry. dubai Healthcare City attracts a large population from Asian countries such as India, Malaysia, Singaporeand Thailand.
Modern and well-equipped hospitals are experiencing a surge in international patient numbers owing to the private healthcare sector, foreign-trained doctors and specialists, and excellent patient care, thereby contributing to the growth of the UAE ophthalmic equipment market over the next five years.
competitive landscape
Company Profiles: Detailed analysis of key companies in the UAE Ophthalmic Devices Market.
Alcon
Johnson & Johnson Middle East FZ-LLC
Cooper Vision UAE
Bausch Health Companies, Inc United Arab Emirates
Carl Zeiss Vision MENA FZE
United Arab Emirates Glaucus
Atlas Medical FZCO
Nidek UAE (Abtahi Medical)
Report scope:
UAE Ophthalmic Devices Market, By Product Type:
UAE Ophthalmic Devices Market, By Application:
glaucoma
amblyopia
cataract
retinal detachment
others
UAE Ophthalmic Devices Market, By End User:
Hospitals and Clinics
Ambulatory Nursing Center
others
UAE Ophthalmic Devices Market, By Region:
Abu Dhabi
dubai
Sharjah
Rest of UAE
For more information on this report, please visit https://www.researchandmarkets.com/r/wd2rka
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