Growth in Patients reporting Eye Discomfort and Reduced Vision Problems along with Increasing Proportion of Elderly Citizens Population has Stimulated Growth in Ophthalmology Market in Malaysia: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit Lower Ophthalmology Costs in Malaysia: Ophthalmology cost in Malaysia is estimated to be comparatively less i.e. 40% less or even more than the spending made by a patient on an average for the same treatment in the US and European countries such as the UK, France, Germany and others. Low cost of Ophthalmology in Malaysia allows patients from the other countries to save a significant amount of money while benefiting from the one among the world-class medical treatment. Hence, Malaysia is witnessing Growth in Number of Healthcare Travelers increased from 921 Thousand in 2016 to 1.2 Million in 2018, i.e. a growth of 14.1% during the period of just 2 years, i.e. 2016-18. Diabetic Prevalence Rate in Adults: 12% of Overall Malaysian Population is suffering from diabetes in 2020. More than 18% Adults recorded Diabetes as on 2020, an increase from 11.2% in 2011, comparatively a higher proportion than other South East Asian Countries. Diabetes is a major health concern among Malaysians, and the prevalence of Type 2 diabetes (T2D) has escalated to more than 20% in adults above the age of 30 in 2020. Higher diabetic patients contributed to the growth of more patients who are suffering from Eye diseases like Diabetic Retinopathy, Cataract and Glaucoma. Growing Share of Healthcare in GDP: GDP of Health Services in Private Sector increased from 8.0 Million in 2015 to around 12 Million in 2020P with a CAGR of 8.1% during 2015-20P whereas in Public Sector increased from 13.1 Million in 2015 to around 18.5 Million in 2020P with a CAGR of 7.2% during the same period. Gross Domestic Product (GDP) of health services provided an indication of the demand trends for health services including Ophthalmology Services in Public and Private Healthcare Settings in Malaysia. Impact of COVID-19 on Malaysia Ophthalmology Market: COVID19 has severely impacted all the industries across the Globe. Eye related Elective Surgeries were stopped amidst the Movement Control Order (MCO) which was introduced by Federal Government of Malaysia to control COVID19 Pandemic effect on the Country. Guidelines were issued with respect to the Operations and Precautions to be followed across by the Ophthalmology Clinics. Guidelines majorly included timely Sterilization of Equipments, necessary Face Shields and Masks and Temperature Check of the Patient before they enter the clinic. Consultations and Surgeries declined in the Month of April, May and June as Customer footfall at the Clinics and Surgeries performed were reduced and only Patients with Severe Eye Problems could take the treatment. Analysts at Ken Research in their latest publication “Malaysia Ophthalmology Market Outlook to 2025- Increase in Ophthalmic Surgeries & Consultations driven by Increasing Ageing Population Proportion and Ophthalmology Technological Advancements” observed that the Ophthalmology Market in Malaysia has been growing over the years as a result of Rising Number of Ophthalmologists, Growing Number of Clinics, Increasing Health Budget and Growth in Prevalence of Non Communicable Diseases such as Hypertension and Diabetes. Malaysia Ophthalmology Market in terms of Number of Consultations and Number of Surgeries is expected to growth with a CAGR of 9.2% and 6.5% in the forecast period 2020-2025. 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: Ophthalmology Market in Malaysia 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 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