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Saudi Arabia Eye Care Market By Product Type (Eyeglasses, Contact Lens, Intraocular Lens, Eye Drops, Eye Vitamins, Others) By Coating (Anti-Glare, UV, Others) By Lens Material (Normal Glass, Polycarbonate, Trivex, Others) By Distribution Channel (Retail Stores, E-Commerce, Clinics, Hospitals) By Region, Competition Forecast & Opportunities, 2027

  • Description
  • Table of Content
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  • Related Reports
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Saudi Arabia eye care market is bound to experience impressive growth with anticipated CAGR in the forecast period, 2023-2027, on account of rapidly increasing instances of eye diseases among the country’s population. Moreover, the rapidly increasing geriatric population is responsible for the esteemed growth of the market in the upcoming five years. The geriatric population is more susceptible to contracting eye infections and diseases that weaken the eyesight and vision, therefore, surging the demand for a better healthcare facility for such patients and aiding the growth of the Saudi Arabia eye care market in the next five years.

Cases of glaucoma, cataract and other optical damages are multiplying among the country’s population and are driving the growth of the Saudi Arabia eyecare market. Also, the technological advancement and consistent research over better technologies and methods for eye care and related diseases are also supporting the growth of the market. Market players are heavily invested in bringing the best possible services and devices that aid eye care health for the patients in the country and aiding the growth of the market further in the future five years until 2027.

The Saudi Arabia eye care market is segmented by product type, coating, lens material, distribution channel, competitional landscape, and regional distribution. Based on product type, the market is further bifurcated into eyeglasses, contact lenses, intraocular lenses, eye drops, eye vitamins, and others. Eyeglasses are anticipated to hold the largest shares of the revenue in the market segment. The sub-segment might dominate the market segment on account of rapidly increasing cases of weak eyesight among the population.

The rising geriatric population and increased cases of weak eyesight in young children are the major driving factor for the market growth. The lifestyle of the population and their involvement in activities like prolonged exposure to the screen like smartphones, television, laptops, gaming station, etc., is aiding the extensive growth of the demand for eyeglasses in the subsequent five years. Contact lenses are anticipated to register the fastest growing CAGR in the next five years on the grounds of consumer inclination toward contact lenses for the weaker eyesight. Also, due to the trend of multiple colored eye lenses for aesthetics and makeovers, the demand for the same is rapidly increasing and substantiating the growth of the Saudi Arabia eye care market in the upcoming five years.

A partial list of market players in the Saudi Arabia eye care market includes Bausch Health Companies, Inc. (Saudi Arabia), Alcon, Inc. (Saudi Arabia), Johnson & Johnson, Cooper Vision, Inc. (Saudi Arabia), Essilor Luxottica Group (Saudi Arabia), AbbVie Inc. (Saudi Arabia), Carl Zeiss, Inc. (Saudi Arabia), Novartis Saudi Arabia, Pfizer Saudi Limited, Al Barakat Group Company Ltd. (TRIANO Lab) among others. These market players hold larger shares of the market than the new market players.

With the evolving technology, it is appropriate to say that the effective research and development of technologically advanced instruments and methods to satisfy consumer demands would support the market growth and benefit the market players as well as the consumers. New market players may focus on the research and development to provide such products and services that satisfy the consumer demand as well as benefits the market players in building their brand value. Other competitive strategies include mergers & acquisitions and new product developments.

Objective of the Study:

  • To analyze the historical growth of the market size of Saudi Arabia eye care market from 2017 to 2020.
  • To estimate and forecast the market size of Saudi Arabia eye care market from 2021 to 2027 and growth rate until 2027. 
  • To classify and forecast Saudi Arabia eye care market based on product type, coating, lens material, distribution channel, competitional landscape, and regional distribution.
  • To identify dominant region or segment in the Saudi Arabia eye care market.
  • To identify drivers and challenges for Saudi Arabia eye care market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Saudi Arabia eye care market.
  • To identify and analyze the profile of leading players operating in Saudi Arabia eye care market.
  • To identify key sustainable strategies adopted by market players in Saudi Arabia eye care market.


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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers, suppliers, and service providers across the country. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufactures which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufactures, distribution channels and presence of all major players across the country.

TechSci Research calculated the market size of Saudi Arabia eye care market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

  • Eye care manufacturers, end users, and other stakeholders
  • Distributers and suppliers of the products and other stakeholders
  • Organizations, forums, and alliances related to eye care
  • Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Attribute

Details

Base Year

2021

Historical Data

2017 – 2020

Estimated Year

2022

Forecast Period

2023 – 2027

Quantitative Units

Revenue in USD Million and CAGR for 2017-2021 and 2022-2027

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments covered

·         Product Type

·         Coating

·         Lens Material

·         Distribution Channel

Regional scope

Northern & Central; Southern; Eastern; Western

Key companies profiled

Bausch Health Companies, Inc. (Saudi Arabia), Alcon, Inc. (Saudi Arabia), Johnson & Johnson, Cooper Vision, Inc. (Saudi Arabia), Essilor Luxottica Group (Saudi Arabia), AbbVie Inc. (Saudi Arabia), Carl Zeiss, Inc. (Saudi Arabia), Novartis Saudi Arabia, Pfizer Saudi Limited, Al Barakat Group Company Ltd. (TRIANO Lab).

Customization scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Report Scope:

In this report, Saudi Arabia eye care market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Saudi Arabia Eye care Market, By Product Type:

o   Eyeglasses

o   Contact Lens

o   Intraocular Lens

o   Eye Drops

o   Eye Vitamins

o   Others

  • Saudi Arabia Eye care Market, By Coating:
    • Anti-Glare
    • UV
    • Others
  • Saudi Arabia Eye care Market, By Lens Material:
    • Normal Glass
    • Polycarbonate
    • Trivex
    • Others
  • Saudi Arabia Eye care Market, By Distribution Channel:
    • Retail Stores
    • E-Commerce
    • Clinics
    • Hospitals
  • Saudi Arabia Eye care Market, By Region:
    • Northern & Central
    • Southern
    • Eastern
    • Western

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Saudi Arabia eye care market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Saudi Arabia Eye care Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

In case you don’t find what you are looking for, please get in touch with our custom research team at [email protected]

1.     Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on Saudi Arabia Eye Care Market

4.    Executive Summary

5.    Voice of Customers

6.    Saudi Arabia Eye Care Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value

6.2.  Market Share & Forecast

6.2.1.     By Product Type (Eyeglasses, Contact Lens, Intraocular Lens, Eye Drops, Eye Vitamins, Others)

6.2.2.     By Coating (Anti-Glare, UV, Others)                                                                               

6.2.3.     By Lens Material (Normal Glass, Polycarbonate, Trivex, Others)

6.2.4.     By Distribution Channel (Retail Stores, E-Commerce, Clinics, Hospitals)

6.2.5.     By Region

6.2.6.     By Company (2021)

6.3.  Product Market Map

7.    Saudi Arabia Eyeglasses Market Outlook

7.1.  Market Size & Forecast

7.1.1.     By Value

7.2.  Market Share & Forecast

7.2.1.     By Distribution Channel

8.    Saudi Arabia Contact Lens Market Outlook

8.1.  Market Size & Forecast

8.1.1.     By Value

8.2.  Market Share & Forecast

8.2.1.     By Distribution Channel

9.    Saudi Arabia Intraocular Lens Market Outlook

9.1.  Market Size & Forecast

9.1.1.     By Value

9.2.  Market Share & Forecast

9.2.1.     By Distribution Channel

10.  Saudi Arabia Eye Drops Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value

10.2.              Market Share & Forecast

10.2.1.  By Distribution Channel

11.  Saudi Arabia Eye Vitamins Market Outlook

11.1.              Market Size & Forecast

11.1.1.  By Value

11.2.              Market Share & Forecast

11.2.1.  By Distribution Channel

12.  Market Dynamics

12.1.              Drivers

12.2.              Challenges

13.  Market Trends & Developments

14.  Policy & Regulatory Landscape

15.  Saudi Arabia Economic Profile

16.  Competitive Landscape

16.1.              Competition Outlook

16.2.              Company Profiles

16.2.1.  Bausch Health Companies, Inc. (Saudi Arabia)

16.2.2.  Alcon, Inc. (Saudi Arabia)

16.2.3.  Johnson & Johnson

16.2.4.  CooperVision, Inc. (Saudi Arabia)

16.2.5.  EssilorLuxottica Group (Saudi Arabia)

16.2.6.  AbbVie Inc. (Saudi Arabia)

16.2.7.  Carl Zeiss, Inc. (Saudi Arabia)

16.2.8.  Novartis Saudi Arabia

16.2.9.  Al Barakat Group Company Ltd. (TRIANO Lab)

16.2.10.                Pfizer Saudi Limited

17.  Strategic Recommendations

In case you don’t find what you are looking for, please get in touch with our custom research team at [email protected]
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What major factors drive Saudi Arabia Eye Care Market growth?

Factors like rapidly increasing demands from geriatric population is driving the growth of the Saudi Arabia eye care market in the forecast years, 2023-2027.

Which companies may dominate the Saudi Arabia Eye Care Market?

Bausch Health Companies, Inc. (Saudi Arabia), Alcon, Inc. (Saudi Arabia), Johnson & Johnson, Cooper Vision, Inc. (Saudi Arabia), among others are leading the Saudi Arabia eye care market in the forecast period, 2023-2027.

What is the study period for the Saudi Arabia Eye Care Market analysis?

The Saudi Arabia eye care market analysis was analyzed for the five historical years from 2017 to 2020. Keeping the base year 2020 as the margin, the estimation for the year 2022 was made and further market growth is predicted for the forecast years, 2023 to 2027.

What strategic recommendations may the new market players follow in future?

New market players may invest actively in research and innovative product development. Also, advancing their existent technology according to evolving consumer preferences along with merger and acquisitions with the global giants can be viable strategic recommendations for the future brand establishments.

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Press Release

Saudi Arabia Eye Care Market to Grow Due to Technological Advancement until 2026

Aug, 2021

Advancing healthcare industry is driving the growth of Saudi Arabia Eye Care Market, in the forecast period, 2022-2026.


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