+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

South Africa Ophthalmic Devices Market - Growth, Trends, and Forecast (2020 - 2025)

  • PDF Icon


  • 70 Pages
  • March 2020
  • Region: South Africa
  • Mordor Intelligence
  • ID: 4997263
UP TO OFF until Dec 31st 2023
The ophthalmic devices are medical equipment designed for diagnosis, surgical, and vision correction purposes. These devices have gained increasing importance and adoption due to rising burden of various eye diseases such as glaucoma, cataract, and other vision related issues. The rising prevalence of eye-related diseases is leading to increased demand for ophthalmic devices. In many developed and developing countries, eye conditions have emerged as potential threats to the population. Cataract is the leading cause of blindness in South Africa. As per WHO, it is estimated that 15.3% of the world's blind population reside in Africa. Hence, as the number of eye disorders increase, demand for ophthalmic devices also increase that are used for both diagnostic and therapeutic purposes which is driving the growth of the market studied. However, risk associated with ophthalmic procedures is expected to hinder the market growth.

Key Market Trends

Laser Segment is Expected to Show Better Growth in the Forecast Years

Based on Surgical Devices, the market is segmented into Glaucoma Devices, Intraocular Lenses, Lasers and Other Surgical Devices. Laser eye procedure is intended to correct long-term vision problems in people. According to World Health Organization (WHO) estimates, in 2019, approximately 26.3 million people in the African region had a form of visual impairment. Laser can be applied to the iris or the trabecular meshwork to allow aqueous fluid to flow more effectively within the eye and drain better by the normal drainage channels within the eye. Laser vision correction has a very high success rate, and many patient’s reliance on eyeglasses or contact lenses is significantly reduced. Hence, owing to these factors, the segment is believed to witness rapid growth over the forecast period.

Competitive Landscape

The market studied is moderately competitive and there are several local as well as international companies that are operating in South Africa ophthalmic market. The global players in the South Africa ophthalmic devices market are Alcon Inc., Carl Zeiss Meditec AG, Hoya Corporation, Johnson and Johnson, Nidek Co. Ltd, Topcon Corporation and Ziemer Group AG.

Reasons to Purchase this report:
  • The market estimate (ME) sheet in Excel format.
  • 3 months of analyst support.

This product will be delivered within 2 business days.

Table of Contents

1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
4.1 Market Overview
4.2 Market Drivers
4.2.1 Rising Burden of Eye Disorders
4.2.2 Technological Advancements
4.3 Market Restraints
4.3.1 Risk Associated with Ophthalmic Procedures
4.4 Porter's Five Forces Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5.1 By Devices
5.1.1 Surgical Devices Glaucoma Devices Intraocular Lenses Lasers Other Surgical Devices
5.1.2 Diagnostic and Monitoring Devices Autorefractors and Keratometers Ophthalmic Ultrasound Imaging Systems Ophthalmoscopes Optical Coherence Tomography Scanners Other Diagnostic and Monitoring Devices
6.1 Company Profiles
6.1.1 Alcon Inc.
6.1.2 Bausch Health Companies Inc.
6.1.3 Carl Zeiss Meditec AG
6.1.4 Hoya Corporation
6.1.5 Johnson and Johnson
6.1.6 Nidek Co. Ltd
6.1.7 Topcon Corporation
6.1.8 Ziemer Group AG

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Alcon Inc.
  • Bausch Health Companies Inc.
  • Carl Zeiss Meditec AG
  • Hoya Corporation
  • Johnson and Johnson
  • Nidek Co. Ltd
  • Topcon Corporation
  • Ziemer Group AG