| Label | Aspheric Monofocal IOLs | Spheric Monofocal IOLs |
|---|---|---|
| 2018 | 86.83 USD Mn | 39.01 USD Mn |
| 2019 | 92.82 USD Mn | 41.31 USD Mn |
| 2020 | 95.6 USD Mn | 42.15 USD Mn |
| 2021 | 101.58 USD Mn | 44.37 USD Mn |
| 2022 | 107.31 USD Mn | 46.43 USD Mn |
| 2023 | 113.35 USD Mn | 48.58 USD Mn |
| 2024 | 119.69 USD Mn | 50.81 USD Mn |
| 2025 | 126.36 USD Mn | 53.13 USD Mn |
| 2026 | 133.38 USD Mn | 55.54 USD Mn |
| 2027 | 140.75 USD Mn | 58.05 USD Mn |
Data Source: Wantstats Repository
The demand for Middle East intraocular lenses, specifically traditional or monofocal IOLs, has been steadily increasing in recent years. This demand is driven by various factors, including an aging population, advancements in technology, and an overall increase in awareness about eye health. In this article, we will explore the reasons behind this growing demand for traditional IOLs and how it is impacting the Middle East market. First and foremost, the aging population in the Middle East is a major factor influencing the demand for traditional or monofocal IOLs. As people get older, their eyesight begins to deteriorate, leading to the development of conditions such as cataracts. This, in turn, creates a higher demand for cataract surgeries, which often involves the use of IOLs to replace the clouded lens. As per the World Bank, the population aged 65 and above in the Middle East is expected to reach 8.9% by 2030, an increase from 4.7% in 2010. With a growing elderly population, the demand for traditional IOLs is expected to continue to rise. Furthermore, advancements in technology have also contributed to the demand for traditional or monofocal IOLs in the Middle East.
These lenses are designed to provide clear distance vision and eliminate the need for glasses or contact lenses post-surgery. With the advancements in technology, these lenses are now available in a wider range of powers, allowing for more customized options to meet the specific needs of each patient. This has resulted in an increase in consumer preference for traditional IOLs over other options. In addition to this, there has been a rise in awareness about eye health in the Middle East, leading to an increased demand for cataract surgeries and IOLs. Government initiatives and awareness campaigns from healthcare organizations have played a significant role in educating the population about the importance of regular eye check-ups and the available treatment options for various eye conditions. This has led to an increase in the number of people seeking cataract surgeries and opting for traditional IOLs to improve their vision. In conclusion, the demand for traditional or monofocal IOLs in the Middle East is driven by the aging population, advancements in technology, and a growing awareness of eye health.
As the population continues to age and technology continues to advance, the demand for these lenses is expected to continue to grow in the foreseeable future.
Figures reflect Wantstats’ original market research and forecasting models, compiled as part of the Wantstats research archive and published in 2024.
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Manager, JavolVision
Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Sales Operations & Pricing Manager, Intel
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Sales Leader, Bamberg
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Account and Business Manager, EFS-Holland BV
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Senior Retail Manager, LG Chem
We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Management Consultant, Level 21
I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Group Product Manager HVAC & Fire Protection GMA, Rockwool
I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
R&D Director, Seojin
Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Strategy & Business Development Director, Dogan Holding
We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Middle East Intraocular Lenses Market By Traditional/Monofocal IOLs , 2018-2027
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