Fundus Camera Segment has the Largest Share of Device Type in the Middle East & Africa Retinal Imaging Devices Market during 2021–2028

According to our latest study on “Middle East & Africa Retinal Imaging Devices Market Forecast to 2028 – COVID-19 Impact and Analysis – by Device Type, and End User,” the market is projected to reach US$ 166.7 million by 2028 from US$ 119.9 million in 2021; it is expected to grow at a CAGR of 4.8% from 2021 to 2028. The report highlights trends prevailing in the market, and the drivers and restraints pertaining to the market growth. The growth of this market is estimated to grow owing to key driving factors such as rising prevalence of eye diseases, growing initiatives for blindness and technological advancements. However, the high cost of OCT devices is expected to hamper the growth of the market during the forecast years.

The healthcare sector in the UAE has undergone a considerable number of infrastructure and procedural changes to position itself as a leading healthcare provider. These improvements have been more recently recognized throughout the COVID-19 pandemic due to the continuous investments made to improve the sector’s hard and soft infrastructure. However, COVID-19 is likely to continue to have a significant impact on healthcare operations in other countries. Due to COVID-19, a substantial number of planned elective surgery operations were cancelled or postponed. Additionally, tightened financial condition is also decreasing the economic activities in the region. Since the beginning of 2020, the COVID-19 pandemic has caused enormous health, social and economic impacts, likely to continue in 2022. Even after some of these impacts have been mitigated or contained, there will be medium and longer-term consequences. The pandemic has caused disruptions to health services worldwide and has impacted the ability of countries to address and respond to non-communicable diseases (NCDs). Moreover, economic uncertainties and ongoing conflicts are worsening the condition in the region. For instance, countries such as Syria, Libya, and Yemen are suffering violent conflict and have been unable to implement any public health measures, and Iran was in a deep economic recession due to the US sanctions.

Based on device type, the retinal imaging devices market is segmented into fluorescein angiography, fundus camera, and optical coherence tomography. In 2020, the fundus camera segment accounted for the largest market share in the Middle East & Africa retinal imaging device market by device type owing to advancement in the technology related to retina imaging technology. The optical coherence tomography is expected to be the highest growing segment during the forecast period. The growth is expected due to the factors such as growing prevalence of retina related disorders.

Carl Zeiss Meditec AG, Revenio Group Corporation (CenterVue SpA), Epipole Ltd., Eyenuk, Inc., Nikon Corporation, and Topcon Corporation are among the leading companies in the Middle East & Africa retinal imaging devices market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market.

The market for retinal imaging devices market is segmented into device type, and end user. Based on device type, the Middle East & Africa retinal imaging devices market is segmented into fluorescein angiography, fundus camera, and optical coherence tomography.  Based on end user, the retinal imaging devices market is segmented into hospitals & clinics, ambulatory surgical centers, specialized eye care centers, other end users. Geographically, the retinal imaging devices market is segmented into Middle East & Africa (UAE, Saudi Arabia, South Africa, Rest of Middle East & Africa).

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