Saudi Arabia Ophthalmic Devices Market Size (2024 - 2029)

Saudi Arabia Ophthalmic Devices Market Analysis

The Saudi Arabia Ophthalmic Devices Market is poised to grow at a CAGR of 7.5% over the forecast period.

The COVID-19 pandemic affected healthcare systems globally and resulted in the interruption of usual care in many healthcare facilities, exposing vulnerable patients to significant risks. COVID-19 has impacted the growth of the studied market. For instance, according to an article published in July 2021, titled 'Ophthalmologist perceived effect of COVID-19 related lockdown on ophthalmic practice and patient care in Saudi Arabia', it has been observed that the ophthalmic clinics and eye care centers were shut down due to lockdown measures taken by the government to avoid the spread of coronavirus. In addition, as per the same source, 86.8% of ophthalmologists were offering consultancy services rather than attending to patients in the clinic. Thus, COVID-19 has impacted both clinical and surgical eye services in the Kingdom of Saudi Arabia. However, with the resumed ophthalmic services in eye care centers, and ophthalmic clinics and increased hospital visits, the studied market is expected to witness significant growth over the forecast period.

Certain factors that are propelling the market growth are the increasing prevalence of eye diseases and technological advancements in ophthalmic devices.

The rising burden of eye disease among the population is the key factor driving the market growth. According to the study titled 'Prevalence Rates and Risk Factors for Primary Open Angle Glaucoma in the Middle East' published in December 2021, glaucoma prevalence and determinants among Saudi residents aged 40 and older were 5.6%. Thus, the increasing prevalence of ophthalmic diseases such as glaucoma is expected to rise the demand for ophthalmic devices that helps in diverting the aqueous humor from the anterior chamber to an external reservoir, thereby boosting the market growth.

Additionally, according to the study titled 'Impact of Dry Eye Disease on Work Productivity Among Saudi Workers in Saudi Arabia' published in June 2021, the prevalence of Dry Eye Diseases (DED) in Saudi Arabia was found to be 32.1%. Dry Eye Disease (DED) is one of the most common reasons patients seek out ophthalmologists and optometrists which is expected to increase the demand for ophthalmic devices, thereby propelling the market growth.

Furthermore, the rising awareness among the population regarding eye-related diseases such as cataracts, glaucoma, dry eye disease, and others also increases the demand for eye treatment which in turn is anticipated to propel the market growth over the forecast period. For instance, according to a cross-sectional based study published in June 2021, titled 'Public Awareness of Common Eye Diseases and the Role of Pharmacists in Raising This Awareness in Saudi Arabia: A Cross-Sectional Study', the study was conducted (between 15 November 2020 to 15 January 2021) estimating the knowledge and awareness about common eye problems and their possible risk factors among the general population of the Hail Region, Saudi Arabia. It has been observed that 31% of the participants were aware of cataracts, 43% were aware of glaucoma, 66% were aware of dry eyes, and 44% were aware of diabetic retinopathy. In addition, as per the same source, 46% of the participants were aware of eye conditions, with male participants being more knowledgeable than female participants.

However, the risks associated with ophthalmic procedures are likely to impede market growth over the forecast period.

Saudi Arabia Ophthalmic Devices Industry Segmentation

As per the scope of the report, ophthalmology is a branch of medical science that deals with structure, function, and various diseases related to the eye. Ophthalmic devices are medical equipment designed for diagnosis, surgical, and vision correction purposes. The Saudi Arabia Ophthalmic Devices Market is segmented by Device (Surgical Devices, Diagnostic and Monitoring Devices, and Vision Correction Devices). The report offers the value (in USD million) for the above segments.