Malaysia ophthalmology market share, growth rate,


Growth in medical tourism coupled with rising diabetic population in the country is expected to drive Malaysia’s ophthalmology market: Ken Research

Main conclusions

Consultation fees for eye care services in public hospitals in Malaysia are as low as MYR 5, but start from MYR 80 in the case of private eye clinics/hospitals.
The number of patients undergoing their second cataract eye surgery in the same year accounted for 37.1% of the total cataract surgeries in 2020 in public hospitals in Malaysia.

Low Ophthalmologist compared to the population of the country, i.e. 1 Ophthalmologist for approximately 51,000 people in Malaysia in 2020.
Oculoplastic surgeries are growing in Malaysia due to greater awareness of aesthetics and cosmetics among Malaysians.
Growing Number of Insurance Partnerships with Eye Clinics: Eye clinics are partnering with major insurance companies or third-party administrators to provide claims related to cataract surgery. Health insurance companies offer some financial protection against medical and surgical expenses, which normally include cataracts and other eye conditions, but not refractive errors or other eye-related cosmetic surgeries. This has encouraged more people to seek private medical treatment, subsidized by insurance companies in Malaysia.

Overcoming Eye Treatment Challenges: Ophthalmologists in Malaysia face multiple challenges in the cataract procedure performed manually while creating an opening in the capsular bag. Advances in cataract surgery have been made in Malaysia by combining the Z8 femtosecond laser and FEMTIS, which has enabled cataract surgery with an unparalleled level of precision, more than 5 times better than manual processes.

Technological Advancements in the Malaysian Ophthalmology Market: The Malaysian ophthalmology market continuously witnesses changes in terms of technological advancements and developments in the detection and diagnosis of several eye disorders.

Some companies have introduced artificial intelligence (AI) systems to predict the risk of developing common eye diseases such as diabetic retinopathy, AMD and glaucoma to prevent blindness, while others have introduced software of neuro-rehabilitation, Vivid Vision, which uses virtual reality (VR) games to help binocular vision disorders such as lazy or strabismic eye, i.e. treating their conditions with therapies usual. Continuous developments in the country are helping Malaysia become the center of medical care for Malaysians and medical tourists.

Ken Research analysts in their latest publication “Malaysia Ophthalmology Market Outlook to 2025- Increase in ophthalmic surgeries and consultations driven by increasing proportion of aging population and technological advancements in ophthalmology” observed that the market for ophthalmology Ophthalmology in Malaysia has grown over the years due to increase in the number of ophthalmologists, increase in the number of clinics, increase in the healthcare budget and increase in the prevalence of non-communicable diseases such as hypertension and diabetes. The Malaysian ophthalmology market in terms of number of consultations and number of surgeries is expected to grow with a CAGR of 9.2% and 6.5% during the forecast period 2020-2025.

Visit @ https://www.kenresearch.com/healthcare/general-healthcare/malaysia-ophthalmology-market-outlook-to-2025/434141-91.html

Key Segments Covered

By income distribution
Consultation
surgeries
Eyeglasses
Number of consultations and revenue from consultations
By type of specialty
Single Specialty Hospital/Clinic
Multi-specialty hospital/clinic
By regions
Selangor
Kuala Lumpur
Johor
Perak
Penang
Others
By disease type
Reduced vision
red eyes
Eye fatigue
General examinations
Allergic reactions
Eye and eyelid deformities
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By type of clinic/hospital
Public Hospitals/Clinics
Private Hospitals/Clinics
Number of surgeries and income from surgeries
Type of surgeries
Cataract
Refractive error
Glaucoma
Retinal disorders
Oculoplastic and eyelid surgery
ARMD
Others
Malaysia Ophthalmology Market Companies Covered

ISEC Malaysia
Optimax Ophthalmology Specialist
Tunn Hussein Onn Eye Hospital (THONEH)
Vista Eye Specialist
Top Vision Eye specialist
Sunway Eye Center
KPJ Center for Sight
Oasis Eye Specialist
KL Eye Specialist

Key target audience

Government and regulatory bodies
Industry Associations
Unique specialty eye clinics and hospitals
Multi-specialty eye clinics and hospitals
Eye clinics
Ophthalmologists
Medical device companies
Ophthalmology Instrument Companies

For more details @ https://www.kenresearch.com/healthcare/general-healthcare/malaysia-ophthalmology-market-outlook-to-2025/434141-91.html

Time period entered in the report: –

Historical period: 2015-2020
Forecast period: 2021-2025
Main topics covered in the report

Overview of the ophthalmology market in Malaysia
Malaysia Ophthalmology Market Ecosystem
Southeast Asia Countries Ophthalmology Market Cross Comparison
Cross Comparison – Top Ophthalmology Players in Malaysia
Malaysia Ophthalmology Revenue Stream
Landscape of eye care market in Malaysia
Malaysia ophthalmology market size
Malaysia Ophthalmology Market Segmentation 2020
Malaysia Ophthalmology Market Growth Drivers
Government regulation of the ophthalmology market in Malaysia
Malaysia Ophthalmology Market Trends and Developments
Malaysia Problems and Challenges in Ophthalmology
Profiles of key companies in the ophthalmology market in Malaysia
Malaysia Eye Clinic Investment Model
Future Malaysia Ophthalmology Market Size and Segmentations, 2020-2025F
Impact of Covid-19 on the Malaysian Ophthalmology Market
Analyst Recommendations
Case studies
For more information on the research report, refer to the link below:

https://www.kenresearch.com/healthcare/general-healthcare/malaysia-ophthalmology-market-outlook-to-2025/434141-91.html

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