Key regions: Europe, Australia, Brazil, China, United States
The Eye Care market in Jordan has been experiencing steady growth in recent years.
Customer preferences: Customers in Jordan have shown a growing interest in eye care products and services. This can be attributed to several factors, including increasing awareness about the importance of regular eye check-ups and the rising prevalence of vision problems. Additionally, the aging population in Jordan has also contributed to the growing demand for eye care services, as older individuals are more likely to experience age-related vision issues.
Trends in the market: One of the key trends in the eye care market in Jordan is the increasing popularity of corrective eyewear, such as glasses and contact lenses. This can be attributed to the growing number of individuals with refractive errors, such as myopia and astigmatism. As a result, there has been a rise in the number of optical stores and clinics offering a wide range of eyewear options to cater to the diverse needs of customers. Another trend in the market is the growing demand for advanced eye care treatments and surgeries. Jordan has seen an increase in the number of specialized eye care centers and hospitals offering services such as LASIK surgery, cataract surgery, and glaucoma treatment. This trend can be attributed to the advancements in medical technology and the increasing affordability of these procedures.
Local special circumstances: Jordan has a well-established healthcare system, which includes a strong network of hospitals and clinics. This has facilitated the growth of the eye care market, as individuals have easy access to quality healthcare services. Additionally, the government of Jordan has taken initiatives to promote eye health awareness and provide affordable eye care services to its citizens. These efforts have further contributed to the development of the eye care market in the country.
Underlying macroeconomic factors: The economic stability of Jordan has played a significant role in the growth of the eye care market. The country has witnessed steady economic growth in recent years, which has led to an increase in disposable income levels. As a result, individuals have more purchasing power to spend on eye care products and services. Furthermore, the government has implemented policies to attract foreign investments, which has encouraged the establishment of international eye care brands in the country. This has not only increased competition in the market but has also provided customers with a wider range of options to choose from. In conclusion, the Eye Care market in Jordan is experiencing growth due to increasing customer preferences for eye care products and services, such as corrective eyewear and advanced treatments. The local special circumstances, including a well-established healthcare system and government initiatives, have further contributed to the development of the market. The underlying macroeconomic factors, including economic stability and government policies, have also played a significant role in driving the growth of the market.
Data coverage:
Data encompasses B2C spend. Figures are based on the OTC Pharmaceuticals market values, representing revenues generated by both product sales which take place exclusively in pharmacies and products which can be purchased elsewhere. Sales by hospitals are not included.Modeling approach / Market size:
Market sizes are determined by a combined top-down and bottom-up approach, based on a specific rationale for each market market. As a basis for evaluating markets, we use data from national statistical offices, international institutions, trade associations, and self-medication associations. Next, we use relevant key market indicators and data from country-specific associations, such as consumer healthcare spending, out-of-pocket healthcare expenditure, health system accessibilities, and GDP. 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, using advanced statistical methods.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. Whereas this market covers only OTC drugs, the Statista Pharmaceuticals market covers both OTC and prescription drugs.
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