Malaysia Ophthalmology Market Outlook to 2025: Ken Research

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The report titled “Malaysia Ophthalmology Market Outlook to 2025- Increase in Ophthalmic Surgeries & Consultations driven by Increasing Ageing Population Proportion and Ophthalmology Technological Advancements” provides a comprehensive analysis of Ophthalmology Services in Malaysia. The report covers various aspects including market size (Total Revenue, Consultations Revenue, Number of Consultations, Surgery Revenue and Number of Surgeries), Market Segmentations by Clinic Specialty (Multi & Single Specialty), by Private and Public Clinics/Hospitals, By Ailments (Reduced Vision, Red Eyes, Allergic Reactions, Eye Strain, etc.), By Surgeries, By Regions (Selangor, Kuala  Lumpur, Johor, Penang, Perak, Others), Patient Pain Points, Trends & Developments, Issues and Challenges, Government Regulations and Technological Advancements. Moreover, the report also covers Competition Landscape of Major Players, Investment Model for Setting up an Ophthalmology Clinic in Malaysia and Cross Comparison of Ophthalmology Market of South East Asian Countries.

The report concludes market projection for future of the market, COVID-19 Impact, Analysts take on the Future and Case Studies highlighting the major opportunities.

Malaysia Ophthalmology Market Overview and Size

Ophthalmology Market in Malaysia has witnessed a moderate rise over the review period 2015-20. Growth in Number of Ophthalmologists, Proportion of Ageing Population, Number of Patients with Eye Ailments, Technological Advancements in Surgeries, etc. has augmented the growth in Malaysia Ophthalmology Market. Selangor, Kuala Lumpur and Johor are the regions with maximum consultations, majorly through Private Single Specialty Hospital/Clinics. The growth in Market was further supported by Rising Number of Diabetic Patients, Insurance Coverage for Surgeries like Cataract and Single Specialty Clinics/Hospitals Increasing their number of locations to cater to larger set of Patients.

Malaysia Ophthalmology Market Segmentations

By Type of Specialty: In terms of total number of Consultations and Locations, Single Specialty Clinics and Hospitals capture majority of the market share in 2020 as they are located in the Patient’s convenient locations and Equipments used are more advanced & have latest technologies which provide faster and accurate results to the patients. Multi-Specialty Clinics on the other hand focuses majorly on Daily eye checkup cases & other eye related diseases.

By Type of Clinic: Private Clinics dominates the market in terms of Number of Consultations in 2020 as they provide latest and advanced technologies to detect and diagnose the eye related diseases and generally provide treatment for all Types of Surgeries.

By Type of Ailments: Reduced Vision which primarily includes Refractive Errors, Glaucoma, Cataract and Retinal Issues accounted for the maximum number of Consultations in 2020. Malaysians with Red Eyes accounted for second highest proportion in terms of Number of Consultations wherein major types include Allergic, Bacterial and Viral Conjunctivitis.

Type of Regions: Selangor and Kuala Lumpur accounted for maximum number of consultations in 2020. The region dominated as a result of major number of locations in these regions, higher number of Ophthalmologists and also because of Higher Proportion of Elderly Citizens in the region.

By Surgeries: Cataract is the most demanded surgery in the Ophthalmology sector of Malaysia. It contributes around 40% of the Number of Surgeries and Refractive Surgeries on the other hand accounted for maximum share in terms of Revenue in

2020 due high Surgery Prices in Malaysia.

Competitive Landscape of Malaysia Ophthalmology Market:

The competition in the Ophthalmology market in Malaysia is moderately fragmented with the presence of 9-10 clinics that hold majority of the share in the market. Major Ophthalmology Clinics in Malaysia include ISEC Eye Specialist, Optimax Eye Specialist, Oasis Eye Specialist, Tunn Hussein Onn Eye Hospital, Vista Eye Specialist, Sunway Eye Centre, Top Vision Eye Specialist and few others. Players in the industry compete on the basis of parameters such as Number of Consultations, Number of Surgeries, Average Consultation Fee, Surgery Conversion Rate, Type of Services, Geographical Locations, Number of Centre, Number of Ophthalmologists, Certification, Number of Operating Days etc.

Malaysia Ophthalmology Market Future Outlook and Projections

Malaysia Ophthalmology Market in terms of Total Revenue is expected to grow at a CAGR of 10.3% over the period 2020 to 2025. The market in future is anticipated to grow as a result of growth in number of consultations, growth in Consultation Fee, Surgery Price, and Proportion of elderly population and Diabetes Patients. The COVID-19 situation in the country resulted in negative growth rate in 2020. However, the technological advancements in the country along with more insurance companies partnering with Ophthalmology Clinics will complement the Revenue Growth in the industry. Market in terms of Number of Consultations and Surgeries will witness a double digit growth rate in future.

Key Segments Covered

Number of Consultations and Consultations Revenue

By Type of Specialty

Single Specialty Hospital/Clinic

Multi Specialty Hospital/Clinic

By Regions

Selangor

Kuala Lumpur

Johor

Perak

Penang

Others

By Ailment Type

Reduced Vision

Red Eyes

Eye Strain

General Check-Ups

Allergic Reactions

Deformities of Eye and Eye Lids

By Type of Clinic/Hospital

Public Hospitals/Clinics

Private Hospitals/Clinics

Number of Surgeries and Revenue from Surgeries

Type of Surgeries

Cataract

Refractive Error

Glaucoma

Retinal Disorders

Oculoplastic and Eye Lid Surgery

ARMD

Others

Malaysia Ophthalmology Market Companies Covered

ISEC Malaysia

Optimax Eye Specialist

Tunn Hussein Onn National Eye Hospital (THONEH)

Vista Eye Specialist

Top Vision Eye Specialist

Sunway Eye Centre

KPJ Centre for Sight

Oasis Eye Specialist

KL Eye Specialist

IKONIK Eye Specialist

Key Target Audience

Government and Regulatory Bodies

Industry Associations

Single Specialty Eye Clinics and Hospitals

Multi Specialty Eye Clinics and Hospitals

Eye Clinics

Ophthalmologists

Medical Device Companies

Ophthalmology Device Instrument Companies

Time Period Captured in the Report:-

Historical Period: 2015-2020

Forecast Period: 2021-2025

Key Topics Covered in the Report

Malaysia Ophthalmology Market Overview

Malaysia Ophthalmology Market Ecosystem

South East Asian Countries Ophthalmology Market Cross Comparison

Cross Comparison- Major Ophthalmology Players in Malaysia

Malaysia Ophthalmology Revenue Streams

Malaysia Ophthalmology Market Landscape

Malaysia Ophthalmology Market Size

Malaysia Ophthalmology Market Segmentations 2020

Malaysia Ophthalmology Market Growth Drivers

Malaysia Ophthalmology Market Government Regulations

Malaysia Ophthalmology Market Trends & Developments

Malaysia Ophthalmology Issues and Challenges

Malaysia Ophthalmology Market Major Company Profiles

Malaysia Ophthalmology Clinic Investment Model

Malaysia Ophthalmology Market Future Market Size and Segmentations, 2020-2025F

Covid-19 Impact on Malaysia Ophthalmology Market

Analyst Recommendations

Case Studies

For More Information on the Research Report, Refer to Below Link:

Malaysia Ophthalmology Market

Related Reports

Philippines Ophthalmology (Eye Centers, Clinics and Hospital Chains) Market Outlook to 2023 – Investment Potential by Region and by Ailment Type (Cataract Surgery, Glaucoma Surgery, Refractive Error Surgery, Other Retina Related Surgeries and Others), Lasik & Aesthetics Centers

Indonesia Ophthalmology Market Outlook to 2023 – By Ailment Type (Cataract, Myopia, Glaucoma, Conjunctivitis and Others) and by Regions (DKI Jakarta, West Java, Central Java, North Sumatra and Others)

Vietnam Ophthalmology Market Outlook to 2023 – By Diseases (Cataract, Myopia, Glaucoma, Retina related Diseases, Blindness with Poor Eyesight, Conjunctivitis and Others), By Regions and By Hospitals (Single Specialty Eye Hospitals and Multi Specialty Hospitals)

Contact Us:

Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

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