Strategic Middle EAST Aphakia Market Analysis: Competitive Landscape of the Global Industry
The Middle EAST Aphakia Market was valued at USD 0.45 billion in 2024 and is projected to reach USD 0.90 billion by 2034, registering a CAGR of 7.5%. This growth trajectory is underpinned by the increasing prevalence of cataracts and the rising geriatric population, which necessitates effective vision correction solutions. The demand for intraocular lenses (IOLs) and contact lenses is expected to surge as advancements in surgical techniques and technologies continue to enhance patient outcomes. According to the World Health Organization (WHO), cataracts remain the leading cause of blindness globally, affecting millions in the Middle East. The global Middle EAST Aphakia market is highly consolidated due to the presence of a large number of companies across this industry. Also, they control a considerable portion of the overall market share, thus limiting the entry of new players into the sector. Most importantly, the document empowers business owners to seek information ab...