Key regions: Canada, Europe, India, Australia, South Korea
The Eye Care (Pharmacies) market in Qatar has been experiencing significant growth in recent years. Customers in Qatar have shown a strong preference for eye care products and services, driving the expansion of the market. This trend can be attributed to several factors, including an increasing awareness of the importance of eye health and a growing aging population.
Customer preferences: Customers in Qatar have become more conscious of the importance of eye health and are actively seeking out eye care products and services. This can be seen in the increased demand for prescription eyewear, contact lenses, and eye drops. Additionally, customers are also showing a preference for specialized eye care services such as laser eye surgery and regular eye check-ups.
Trends in the market: One of the key trends in the Eye Care (Pharmacies) market in Qatar is the growing demand for contact lenses. Contact lenses offer convenience and comfort for those who require vision correction, and customers are increasingly opting for this option over traditional eyeglasses. This trend is expected to continue as advancements in contact lens technology make them more comfortable and affordable. Another trend in the market is the increasing popularity of online shopping for eye care products. Customers in Qatar are embracing e-commerce platforms to purchase a wide range of eye care products such as contact lenses, eyeglasses, and eye drops. This trend is driven by the convenience and competitive pricing offered by online retailers, as well as the availability of a wider range of products compared to traditional brick-and-mortar stores.
Local special circumstances: Qatar has a high prevalence of eye-related conditions such as dry eye syndrome and myopia. This has created a significant demand for eye care products and services in the country. Additionally, the country's aging population is also driving the growth of the Eye Care (Pharmacies) market, as older individuals are more likely to require vision correction and regular eye care.
Underlying macroeconomic factors: The strong economic growth and high disposable income in Qatar have contributed to the growth of the Eye Care (Pharmacies) market. As customers have more purchasing power, they are able to afford higher-quality eye care products and services. Additionally, the government's focus on healthcare and wellness initiatives has also played a role in driving the growth of the market, with increased investments in eye care infrastructure and services. In conclusion, the Eye Care (Pharmacies) market in Qatar is experiencing significant growth due to increasing customer preferences for eye care products and services. The growing awareness of the importance of eye health, the popularity of contact lenses, and the convenience of online shopping are all contributing to the expansion of the market. Additionally, local special circumstances such as the high prevalence of eye-related conditions and the aging population are driving the demand for eye care in Qatar. The strong macroeconomic factors, including economic growth and high disposable income, further support the growth of the market.
Data coverage:
The data encompasses B2C enterprises. Figures are based on offline and online spending by consumers, including VAT. Not included are B2B and B2G sales, or other pharmaceutical sales through hospitals or retail stores such as supermarkets.Modeling approach:
Market sizes are determined through a bottom-up approach, building on specific predefined factors for each market market. As a basis for evaluating markets, we use industry associations, third-party studies and reports and survey results from our primary research (e.g., the Statista Global Consumer Survey). In addition, we use relevant key market indicators and data from country-specific associations, such as healthcare expenditure per country, consumer healthcare spending, GDP and internet penetration. 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 relevant market. For example, forecasts are based on historical developments, current trends, and key market indicators, using advanced statistical methods. For forecasting digital trends such as the online-pharmacy sales share we use exponential trend smoothing and the s-curve method. The main drivers are healthcare expenditure per country and consumer healthcare spending.Additional notes:
The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year. GCS data is reweighted for representativeness.
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