Malaysia Eye Care Market, By Product Type (Eyeglasses, Contact Lens, Intraocular Lens, Eye Drops, Eye Vitamins, and Others), By Coating (Anti-Glare, UV, and Others), By Lens Material (Normal Glass, Polycarbonate, Trivex, and Others), By Distribution Channel (Retail Stores, E-Commerce, Clinics, and Hospitals), By Region, Competition, Forecast and Opportunities, 2028
Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Healthcare | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationMalaysia Eye Care Market, By Product Type (Eyeglasses, Contact Lens, Intraocular Lens, Eye Drops, Eye Vitamins, and Others), By Coating (Anti-Glare, UV, and Others), By Lens Material (Normal Glass, Polycarbonate, Trivex, and Others), By Distribution Channel (Retail Stores, E-Commerce, Clinics, and Hospitals), By Region, Competition, Forecast and Opportunities, 2028
According to the World Bank, in 2020, more than 7% of the population was over 65, which met the standard definition of an "ageing society" used internationally. Malaysia will be an "aged society" by 2044, where 14% of the population is predicted to be over 65 and by 2056. Malaysia will be a "super-aged society" with more than 20% of the population being over 65.
Rising Prevalence of Eye Diseases is Booming the Malaysia Eye Care Market
According to the National Library of Medicines, in 2022, the prevalence of cataract among older people was 26.8%
Rising Technological Advancements and Digitalization Leads to Increased Demand for Eye Care
According to the International Trade Administration, the digital economy’s contribution to the Malaysia’s GDP is 22.6% which is expected to rise by 25.5% by 2025.
Rising Geriatric Population is Expanding the Malaysian Eye Care Market
The geriatric population in Malaysia is growing rapidly and this demographic shift is driving the demand for eye care services in the country. As people age, their risk of developing vision problems such as cataracts, age-related macular degeneration, and glaucoma increases. This has led to an increase in demand for eye care services in Malaysia. The rise in the geriatric population has also led to an increase in demand for eyewear such as prescription glasses, contact lenses, and reading glasses leading to the expansion of the Malaysian eye care market.
Recent Development
- In November 2019, CooperVision announced approval of its innovative MiSight 1 day contact lens by U.S. Food and Drug Administration (FDA). This daily wear and single use contact lens is the first and only FDA-approved product1 clinically proven to slow the progression of myopia (nearsightedness or short-sightedness) when initially prescribed for children 8 to 12 years old. It is the cornerstone of a comprehensive myopia management approach provided by CooperVision.
Download Free Sample Report
Market Segmentation
Malaysia eye care market is segmented into product type, coating, lens material, distribution channel, region, and company. Based on product type, Malaysia eye care market is divided into eyeglasses, contact lens, intraocular lens, eye drops, eye vitamins, and others. Based on coating, the market is categorized into anti-glare, UV, and others. Based on lens material, the market is categorized into normal glass, polycarbonate, trivex, and others. Based on distribution channel, Malaysia eye care market is categorized into retail retailers, e-commerce, clinics, and hospitals. Based on region, the Malaysia eye care market is segmented into the East Malaysia and West Malaysia.
Company Profiles
Malaya Optical, Johnson & Johnson, CooperVision Contact Lens Malaysia Sdn Bhd, Metro optical Group Eyeware, Factory Eyeware, TRB CHEMEDICA, Eye Nation Medical Sdn Bhd, AXIAN HEALTHCARE, Systane, and Rohto are some of the key players of Malaysia eye care market.
| Attribute | Details |
| Base Year | 2022 |
| Historic Data | 2018 – 2021 |
| Estimated Year | 2023 |
| Forecast Period | 2024 – 2028 |
| Quantitative Units | Revenue in USD Million and CAGR for 2018-2022 and 2023-2028 |
| Report Coverage | Revenue forecast, volume forecasting, company shares, competitive landscape, growth factors, and trends |
| Segments Covered | Product Type Coating Lens Material Distribution Channel |
| Country Scope | The East Malaysia and The West Malaysia |
| Key Companies Profiled | Malaya Optical, Johnson & Johnson, CooperVision Contact Lens Malaysia Sdn Bhd, Metro optical Group Eyeware, Factory Eyeware, TRB CHEMEDICA, Eye Nation Medical Sdn Bhd, AXIAN HEALTHCARE, Systane, Rohto |
| Customization Scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and Purchase Options | Avail customized purchase options to meet your exact research needs. |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
FAQ'S
For a single, multi and corporate client license, the report will be available in PDF format. Sample report would be given you in excel format. For more questions please contact:
Within 24 to 48 hrs.
You can contact Sales team (sales@marketinsightsresearch.com) and they will direct you on email
You can order a report by selecting payment methods, which is bank wire or online payment through any Debit/Credit card, Razor pay or PayPal.
Discounts are available.
Hard Copy