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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