Ophthalmic Devices - Sudan | Statista Market Forecast

The revenue in the Ophthalmic Devices market market in Sudan is estimated to reach US$3.88m in 2024.
It is anticipated that the revenue will exhibit an annual growth rate (CAGR 2024-2029) of 1.60%, leading to a market volume of US$4.20m by 2029.
When compared globally, the United States is projected to generate the highest revenue of US$14.00bn in 2024.
Sudan's ophthalmic devices market is experiencing a surge in demand due to the country's growing elderly population and increased access to healthcare services.

Definition:
Ophthalmic devices refer to medical devices used for diagnosis of eye diseases, related surgeries, and vision correction.

Additional information:
Market values represent revenues paid to primary vendors at manufacturer price level either directly or through distribution channels (excluding VAT). Reported market revenues include spending by consumers (B2C), enterprises (B2B) as well as governments (B2G). Revenues are allocated to the country where the money is spent.

Company examples: Essilor International, Johnson & Johnson, Bausch Health Companies. Further information on the key players can be found in the Market Shares boxes.

Ophthalmology diagnostic & surgical devices
Vision care

Ophthalmology pharmaceuticals
Ophthalmology supplements

The Ophthalmic Devices market in Sudan is experiencing steady growth due to increasing customer preferences for advanced eye care solutions, emerging trends in the market, local special circumstances, and underlying macroeconomic factors. Customer preferences in Sudan are shifting towards advanced ophthalmic devices that offer enhanced accuracy, precision, and comfort. Patients are seeking innovative solutions for vision correction and eye diseases, such as cataracts and glaucoma. This preference for advanced devices is driven by the growing awareness about the benefits of early detection and treatment of eye conditions. Additionally, the rising disposable income among the middle class in Sudan has increased the affordability of ophthalmic devices, further driving the market growth. Trends in the market indicate a growing demand for refractive surgery devices, such as LASIK and PRK, as well as diagnostic and monitoring devices for various eye conditions. The increasing adoption of minimally invasive surgical procedures is fueling the demand for advanced surgical devices, including phacoemulsification systems and vitrectomy machines. Moreover, the integration of artificial intelligence and digital imaging technologies in ophthalmic devices is revolutionizing the diagnosis and treatment of eye diseases, leading to improved patient outcomes. Local special circumstances in Sudan, such as a high prevalence of eye diseases and limited access to healthcare facilities, are driving the demand for ophthalmic devices. Sudan has a significant burden of eye diseases, including cataracts, refractive errors, and trachoma. The lack of adequate healthcare infrastructure and trained ophthalmologists in rural areas has created a need for portable and easy-to-use ophthalmic devices that can be deployed in remote locations. This has led to increased investments in mobile eye clinics and telemedicine services, which rely heavily on ophthalmic devices for accurate diagnosis and treatment. Underlying macroeconomic factors, such as population growth, urbanization, and government initiatives, are contributing to the development of the Ophthalmic Devices market in Sudan. The country's population is growing rapidly, leading to an increased demand for healthcare services, including eye care. Urbanization is also driving the market growth, as more people are moving to cities where access to healthcare facilities is relatively better. Additionally, the Sudanese government is focusing on improving healthcare infrastructure and providing affordable healthcare services, which is expected to boost the adoption of ophthalmic devices in the country. In conclusion, the Ophthalmic Devices market in Sudan is witnessing steady growth due to customer preferences for advanced eye care solutions, emerging trends in the market, local special circumstances, and underlying macroeconomic factors. The demand for innovative ophthalmic devices is driven by the increasing awareness about the benefits of early detection and treatment of eye conditions, as well as the rising disposable income among the middle class. The market is also influenced by trends such as the growing demand for refractive surgery devices and the integration of artificial intelligence and digital imaging technologies. Local special circumstances, including a high prevalence of eye diseases and limited access to healthcare facilities, are driving the demand for portable and easy-to-use ophthalmic devices. Underlying macroeconomic factors, such as population growth, urbanization, and government initiatives, are further contributing to the development of the market.

Data coverage:

Data encompasses B2B, B2G, and B2C spend. Figures are based on medical devices and IVD revenues allocated to the country where the money is spent at manufacturer price levels excluding VAT.

Modeling approach / Market size:

Modeling employs a top-down approach with a bottom-up validation, using financial information of the key players by market. Market sizes are determined by a top-down approach, based on a specific rationale for each market market and allocated to the covered countries according to the global market shares. As a basis for evaluating markets, we use relevant key market indicators and data from country-specific associations, such as healthcare expenditure per capita, health risk factors, healthcare system, and regulations concerning medical products. Next, we use further relevant key market indicators and data from country-specific associations, such as healthcare expenditure per capita, health risk factors, healthcare payer system, and regulations concerning medical products. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the particular market. For example, forecasts are based on historical developments, current trends, and key market indicators.

Additional notes:

Data is modeled in US$ using current exchange rates. The market is updated twice per year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level.

This report presents a comprehensive analysis and additional information on the Health market, in a PDF format.

Medical technology plays a role in the lives of everyone. It includes most of all, medical devices which simplify the prevention, diagnosis, and treatment of diseases and illnesses. The most well-known medical technology products are, among others, pacemakers, imaging instruments, dialysis machines, and implants. The global medical technology industry was worth over 567 billion U.S. dollars annually. Established centers of this industry include North America and Western Europe. The United States is home to the world’s largest medical technology companies. As of 2022, Abbott Laboratories had the largest global revenue at over 31.2 billion U.S. dollars. The main focus of devices manufactured by the Chicago-based company are diagnostics, cardiovascular, and diabetes care. Two other medtech companies that round off the top three largest companies –Medtronic and Johnson & Johnson – are both based in the United States. Although, industry trends show that Asia, and in particular China, is about to play a more prominent role in the years to come.