UAE Ophthalmic Devices Market Size By Product Type (Fundus Cameras, Tonometers), By Application (Glaucoma, Refractor Disorders), By End-User (Ambulatory Surgical Centers, Optical Centers), And Forecast
Report ID: 472465|No. of Pages: 202
UAE Ophthalmic Devices Market Size By Product Type (Fundus Cameras, Tonometers), By Application (Glaucoma, Refractor Disorders), By End-User (Ambulatory Surgical Centers, Optical Centers), And Forecast
UAE Ophthalmic Devices Market Size And Forecast
UAE Ophthalmic Devices Market size was valued at USD 1.2 Billion in 2023 and is projected to reach USD 1.70 Billion by 2031, growing at a CAGR of 4.5% from 2024 to 2031.
- Ophthalmic devices are critical tools used for diagnosing, treating, and managing various eye diseases and conditions.
- These devices range from simple tools like eyeglasses and contact lenses to more sophisticated equipment such as retinal imaging systems, diagnostic instruments, and surgical lasers.
- The integration of advanced technologies, such as artificial intelligence in diagnostic imaging, is also enhancing the capabilities of ophthalmic devices, leading to better accuracy and outcomes for patients.
- In terms of treatment, ophthalmic surgical devices play a vital role in procedures such as cataract surgery, laser eye surgeries, and vitrectomy.
- Laser-assisted devices have revolutionized refractive surgeries, offering quicker recovery times and more precise outcomes.
- The field of ophthalmic devices is constantly evolving, with the advancements in technology leading to more precise, minimally invasive, and effective treatments. These innovations are improving the quality of life for millions of people worldwide.
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UAE Ophthalmic Devices Market Dynamics
The key market dynamics that are shaping the UAE Ophthalmic Devices Market include:
Key Market Drivers
- Growing Focus on Advanced Healthcare Infrastructure in the UAE: The UAE Ophthalmic Devices Market is experiencing significant growth through strategic healthcare infrastructure investments. The Ministry of Health and Prevention (MOHAP) has prioritized advanced eye care technologies. According to MOHAP’s 2023 healthcare report, ophthalmic device investments increased by 24.6% annually.
- Rising Medical Tourism Enhancing UAE’s Ophthalmic Device Innovations: Medical tourism is driving substantial advancements in the UAE Ophthalmic Devices Market. Dubai Healthcare City is emerging as a critical hub for advanced eye care technologies. The Dubai Health Authority reported a 31.2% increase in international ophthalmological procedures in 2023.
- Rising Integration of AI in Ophthalmic Technologies: Advanced technological innovations are transforming ophthalmic device capabilities in the UAE. Artificial intelligence and precision diagnostics are becoming integral to eye care solutions. The UAE Artificial Intelligence Council documented a 27.8% integration of AI in ophthalmological technologies in 2023.
- Escalating Demand for Vision Care Services Among Aging Populations: Increasing population demographics and age-related eye conditions are driving the market expansion. Specialized ophthalmic devices are addressing complex vision care requirements. The UAE National Bureau of Statistics revealed a 22.5% increase in specialized eye care treatments in 2023.
Key Challenges:
- Rising Costs Hindering the Ophthalmic Device Adoption: The UAE ophthalmic devices testing market is facing slower adoption due to high upfront costs for advanced diagnostic equipment, limiting access to smaller clinics. With healthcare budgets focused on urgent priorities, investment in testing technologies is often deprioritized. This hinders the integration of innovative tools needed for comprehensive eye care services.
- Rising Delays in Ophthalmic Device Approvals: Strict regulatory frameworks and prolonged approval processes are challenging the introduction of novel ophthalmic devices in the UAE. Manufacturers are facing delays in obtaining necessary certifications, which can postpone market entry. Such barriers deter companies from targeting the UAE as a primary market.
- Growing Need for Skilled Ophthalmic Professionals: The operation of sophisticated ophthalmic devices requires a well-trained workforce, yet the UAE is facing a gap in specialized healthcare professionals. While initiatives are underway to improve training, the limited availability of skilled personnel are impacting the effective use of advanced diagnostic tools in eye care.
- Obstructing Equitable Access to Ophthalmic Testing in Rural UAE: Despite advancements in urban healthcare infrastructure, rural regions in the UAE are struggling with limited access to ophthalmic testing devices. Logistical challenges and uneven resource distribution are creating disparities in eye care services, obstructing equitable healthcare delivery across the nation.
Key Trends
- Rising Artificial Intelligence Diagnostics: Advanced AI technologies are revolutionizing ophthalmic device diagnostic capabilities in the UAE. Machine learning algorithms are enhancing early detection and precision screening methodologies. The UAE Artificial Intelligence Council reported a 33.7% increase in AI-driven ophthalmological diagnostics in 2023.
- Growing Precision Laser Technologies: Innovative laser technologies are transforming surgical and diagnostic ophthalmic procedures. Minimally invasive laser treatments are becoming increasingly sophisticated. The Dubai Health Authority documented a 29.4% advancement in precision laser ophthalmological technologies in 2023.
- Rising Popularity of Virtual Ophthalmology Consultations: Digital health platforms are expanding remote eye care and diagnostic capabilities. Virtual consultations and advanced monitoring technologies are gaining significant traction. The Ministry of Health and Prevention reported a 26.8% increase in telemedicine ophthalmology services in 2023.
- Boosting Market Growth of Customized Vision Technologies: Customized vision correction technologies are emerging as a critical market trend. Advanced genetic and biometric screening are enabling personalized eye care interventions. The UAE National Bureau of Statistics revealed a 31.2% growth in personalized vision technologies in 2023.
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UAE Ophthalmic Devices Market Regional Analysis
Here is a more detailed regional analysis of the UAE Ophthalmic Devices Market:
- Dubai is dominating the UAE’s ophthalmic devices market, characterized by robust technological infrastructure and strategic healthcare investments. According to the Dubai Health Authority’s latest statistical report from March 2024, the city has experienced a 14.3% year-on-year growth in ophthalmic medical device procurement and implementation. Leading market players such as Alcon Inc. and Carl Zeiss Meditec AG have expanded their regional presence, with Alcon announcing a comprehensive strategic expansion in the Middle East region in January 2024. The market is further bolstered by Dubai Healthcare City’s commitment to advancing medical technology and attracting international ophthalmological equipment manufacturers.
- Abu Dhabi is experiencing rapid growth in the UAE’s ophthalmic devices market, primarily driven by increasing healthcare investments and technological advancements. According to the UAE Ministry of Health and Prevention’s 2023 report, the ophthalmic devices market in the region is projected to grow at a compound annual growth rate of 6.7% through 2028. Major key players like Alcon Inc. announced a strategic expansion in the Middle East market in November 2023, with a specific focus on advanced diagnostic and surgical technologies. The market is being propelled by the rising prevalence of eye disorders, an aging population, and substantial government initiatives to enhance healthcare infrastructure.
UAE Ophthalmic Devices Market: Segmentation Analysis
The UAE Ophthalmic Devices Market is Segmented based on Product Type, Application, and End-User.
UAE Ophthalmic Devices Market, By Product Type
- Optical Coherence Tomography Scanners
- Fundus Cameras
- Perimeters/Visual Field Analysers
- Autorefractors and Keratometers
- Tonometers
- Others
Based on Product Type, the UAE Ophthalmic Devices Market is bifurcated into Optical Coherence Tomography Scanners, Fundus Cameras, Perimeters/Visual Field Analysers, Autorefractors and Keratometers, Tonometers, and Others. The optical coherence tomography segment is dominating the UAE Ophthalmic Devices Market, due to its advanced imaging capabilities and increasing demand for early detection and diagnosis of eye diseases. However, the perimeters/visual field analyzers segment is experiencing rapid growth, due to the rising prevalence of age-related macular degeneration and glaucoma, which necessitate regular monitoring of visual field defects.
UAE Ophthalmic Devices Market, By Application
- Cataract
- Vitreo Retinal Disorders
- Glaucoma
- Refractor Disorders
- Others
Based on Application, the UAE Ophthalmic Devices Market is bifurcated into Cataract, Vitreo Retinal Disorders, Glaucoma, Refractor Disorders, and Others. The cataract segment is dominating the UAE Ophthalmic Devices Market, due to the high prevalence of age-related cataracts and the increasing geriatric population. However, the vitreo retinal disorders segment is experiencing rapid growth, due to the rising incidence of diabetic retinopathy and other retinal diseases.
UAE Ophthalmic Devices Market, By End-User
- Hospitals and Eye Clinics
- Academic and Research Laboratories
- Ambulatory Surgical Centers
- Optical Centers
- Others
Based on End-User, the UAE Ophthalmic Devices Market is bifurcated into Hospitals and Eye Clinics, Academic and Research Laboratories, and Others. The hospitals and eye clinics segment is dominating the UAE Ophthalmic Devices Market, due to the increasing prevalence of eye diseases and the growing number of specialized eye care facilities. However, the ambulatory surgical centers segment is experiencing rapid growth, due to the rising preference for minimally invasive procedures and the increasing focus on cost-effective healthcare solutions.
Key Players
The “UAE Ophthalmic Devices Market” study report will provide valuable insight with an emphasis on the UAE markets. The major players in the market are Alcon Inc., Bausch Health Companies Inc., Carl Zeiss Meditec AG, EssilorLuxottica SA, HAAG-Streit Group, Hoya Corporation, Johnson & Johnson, Nidek Co. Ltd., Topcon Corporation, and Ziemer Ophthalmic Systems AG, among others.
Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players.
UAE Ophthalmic Devices Market Key Developments
- In July 2022, Noon.com teamed up with Lenskart to broaden its eyewear offerings and strengthen its presence across the UAE market. This collaboration aims to enhance Noon’s product portfolio and expand Lenskart’s reach in the region.
- In June 2022, MAGRABI launched the region’s largest and most efficient ophthalmic lens manufacturing facility, the Lens Innovation Center, with a production capacity of two million units annually. This state-of-the-art facility positions MAGRABI as a leader in the eyewear industry, setting a new standard for lens innovation and production efficiency in the region.
Report Scope
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| STUDY PERIOD | 2020-2031 |
| BASE YEAR | 2023 |
| FORECAST PERIOD | 2024-2031 |
| HISTORICAL PERIOD | 2020-2022 |
| UNIT | Value (USD Billion) |
| KEY COMPANIES PROFILED | Alcon Inc., Bausch Health Companies Inc., Carl Zeiss Meditec AG, EssilorLuxottica SA, HAAG-Streit Group, Hoya Corporation, Johnson & Johnson. |
| SEGMENTS COVERED |
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| CUSTOMIZATION SCOPE | Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope. |
Research Methodology of Verified Market Research
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Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
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Frequently Asked Questions
1. INTRODUCTION OF UAE OPHTHALMIC DEVICES MARKET
1.1. Overview of the market
1.2. Scope of the report
1.3. Assumptions
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH
3.1 Data Mining
3.2 Validation
3.3 Primary Interviews
3.4 List of Data Sources
4 UAE OPHTHALMIC DEVICES MARKET OUTLOOK
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5. UAE OPHTHALMIC DEVICES MARKET, BY PRODUCT TYPE
5.1 Overview
5.2 Optical Coherence Tomography Scanners
5.3 Fundus Cameras
5.4 Perimeters/Visual Field Analysers
5.5 Autorefractors and Keratometers
5.6 Tonometers
5.7 Others
6. UAE OPHTHALMIC DEVICES MARKET, BY APPLICATION
6.1 Overview
6.2 Cataract
6.3 Vitreo Retinal Disorders
6.4 Glaucoma
6.5 Refractor Disorders
6.6 Others
7. UAE OPHTHALMIC DEVICES MARKET, BY END-USER
7.1 Overview
7.2 Hospitals and Eye Clinics
7.3 Academic and Research Laboratories
7.4 Ambulatory Surgical Centers
7.5 Optical Centers
7.6 Others
8. UAE OPHTHALMIC DEVICES MARKET COMPETITIVE LANDSCAPE
8.1 Overview
8.2 Company market ranking
8.3 Key development strategies
9. Company profiles
9.1 Alcon Inc.
9.1.1 Overview
9.1.2 Financial performance
9.1.3 Product Outlook
9.1.4 Key Developments
9.2 Bausch Health Companies Inc.
9.2.1 Overview
9.2.2 Financial performance
9.2.3 Product Outlook
9.2.4 Key Developments
9.3 Carl Zeiss Meditec AG
9.3.1 Overview
9.3.2 Financial performance
9.3.3 Product Outlook
9.3.4 Key Developments
9.4 EssilorLuxottica SA
9.4.1 Overview
9.4.2 Financial performance
9.4.3 Product Outlook
9.4.4 Key Developments
9.5 HAAG-Streit Group
9.5.1 Overview
9.5.2 Financial performance
9.5.3 Product Outlook
9.5.4 Key Developments
9.6 Hoya Corporation
9.6.1 Overview
9.6.2 Financial performance
9.6.3 Product Outlook
9.6.4 Key Developments
9.7 Johnson & Johnson
9.7.1 Overview
9.7.2 Financial performance
9.7.3 Product Outlook
9.7.4 Key Developments
9.8 Nidek Co. Ltd.
9.8.1 Overview
9.8.2 Financial performance
9.8.3 Product Outlook
9.8.4 Key Developments
9.9 Topcon Corporation
9.9.1 Overview
9.9.2 Financial performance
9.9.3 Product Outlook
9.9.4 Key Developments
9.10 Ziemer Ophthalmic Systems AG
9.10.1 Overview
9.10.2 Financial performance
9.10.3 Product Outlook
9.10.4 Key Developments
10. Appendix
10.1 Related Research
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Data Collection Matrix
| Perspective | Primary Research | Secondary Research |
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| Demand side |
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Econometrics and data visualization model
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- Verifying the collected data in terms of accuracy and reliability.
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Industry Analysis Matrix
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