UAE Ophthalmoscope Market to be dominated by Increasing Prevalence of Ophthalmic Diseases through 2027
Increasing prevalence of ophthalmic
diseases to drive the UAE ophthalmoscope market in the forecast period,
2023-2027.
According to
TechSci Research report, “UAE Ophthalmoscope Market – By Region,
Forecast and Opportunities, 2017-2027”, the UAE ophthalmoscope market
is anticipated to grow at a significant rate in the forecast period, 2023-2027.
The rise in prevalence of the eye diseases, increasing awareness among people
for eye care and technological advancements are the primary factors driving the
demand for the UAE ophthalmoscope market. Growing expansion of healthcare
facilities, high-end investments,
and growth of the geriatric population are expected to influence the market
demand. The Manufacturers' enhanced endeavors to raise awareness about
advancements in ophthalmoscope technology is also a key factor for increasing
the growth of the UAE ophthalmoscope market.
However,
growing healthcare costs and
economic slowdown in developed markets may hamper the growth of the market in the forecast
period.
Browse over XX market data Figures spread through 110 Pages and an in-depth TOC on "UAE Ophthalmoscope Market"
The UAE
ophthalmoscope market is segmented into product, light source, application end
user, and company.
Based on
product, the market is divided into Direct ophthalmoscope and Indirect
ophthalmoscope. The indirect ophthalmoscopes segment is projected to register
the highest CAGR during the forecast period as it has various advantages such
as rising technological advancements, and wide application range.
Based on light
source, the market is divided into halogen illumination
ophthalmoscope, xenon illumination ophthalmoscope, and LED illumination
ophthalmoscope. The LED illumination ophthalmoscope is expected to witness a
significant growth in the upcoming years as they release less amount of heat, effective,
natural, and consistent lightening, long life, and less maintenance.
Based on application,
the market is divided into glaucoma,
lattice degeneration, diabetic retinopathy, and others. The diabetes
segment is projected to hold a considerable share in the market over the
forecast period due to increasing prevalence of diabetes and diabetes-induced
blindness. Additionally, the growing elderly population and high cost of
treating diabetic retinopathy are spurring the segment growth over the forecast
period.
Based on end
user, the market is divided into hospitals & clinics, eye care
centers, ambulatory care centers, and others. Out of these, the
hospitals segment is expected to hold the largest market share over the
forecast period due to the increasing usage of ophthalmoscopes in hospitals for
multiple diagnoses, such as retinal disorders, eye exams, and refractive
problems. The rising in number of patients in the hospitals is because many
hospitals offer an ophthalmology section that deals with the diagnosis and
treatment of vision related problems. In addition to these, the advancement in
tools and techniques and rising healthcare infrastructure are augmenting the growth
of this segment.
Major
operating companies operating in UAE ophthalmoscope market are:
- Al Mashriq
Medical Supplies LLC (Hill-Rom)
- Heine
Ophthalmoscope
- Reister UAE
(MasterMed Equipment Trading L.L.C.
- Abonemed UAE
- Keeler UAE
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“UAE is expected to witness a
significant growth in the upcoming years due to increase in chronic diseases as
well as ocular diseases, rising awareness among people, and increasing
investments by government and market players. Also, growth in cataract volume
in the country and availability of new drugs and devices are rising the demand
for ophthalmoscope. Owing to the rapid evolution of the market in the use of
medical technology and rise in medical device companies, the UAE ophthalmoscope
market is expected to grow through till 2027” said Mr. Karan Chechi, Research
Director with TechSci Research, a research-based global management consulting
firm.
“UAE Ophthalmoscope Market - By
Region, Competition Forecast & Opportunities, 2027 Segmented By Product (Direct
Ophthalmoscope v/s Indirect Ophthalmoscope), By Light Source (Halogen
Illumination Ophthalmoscope, Xenon Illumination Ophthalmoscope, LED
illumination Ophthalmoscope), By Application (Glaucoma, Lattice Degeneration,
Diabetic Retinopathy, Others), By End User (Hospitals & Clinics, Eye Care
Centers, Ambulatory Care Centers, Others), By Region, and By Company”, has evaluated the future growth
potential of UAE ophthalmoscope market and provides statistics &
information on market size, structure, and future market growth. The report
intends to provide cutting-edge market intelligence and help decision makers
take sound investment decisions. Besides, the report also identifies and
analyzes the emerging trends along with essential drivers, challenges, and opportunities
in UAE ophthalmoscope market.
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