Key Findings
Consultation Fee for Ophthalmology Services in Public Hospitals in
Malaysia is as low as MYR 5, however it starts from MYR 80 in case of Private
Ophthalmology Clinics/ Hospitals.
Number of Patients getting their Second Cataract Eye surgery within the
same year accounted for 37.1% of the total Cataract Surgeries in 2020 in the
Government Hospitals in Malaysia.
Low Ophthalmologist to population in the country, i.e. 1 Ophthalmologist
for around 51,000 people in Malaysia in 2020.
Oculoplastic Surgeries growing in Malaysia as a result of more Aesthetic
and Cosmetic Awareness among Malaysians.
Growing Number of Insurance
Partnerships with Ophthalmology Clinics: Ophthalmology clinics are
partnering with Major Insurance Companies or Third Party Administrators to
provide Cataract surgery related claims. Health insurance companies provide
some financial protection against medical & surgical expenses, which
normally includes cataract & other eye diseases, but not refractive error
or other eye-related cosmetic surgeries. This has encouraged more number of
people to seek Private Medical treatment, subsidized by the insurance companies
in Malaysia.
Overcoming Eye Treatment
Challenges: Ophthalmologists in Malaysia face multiple Challenges in the
Cataract procedure performed manually while creating an opening in the capsular
bag. Advancements in Cataract Surgery was done in Malaysia by combining Z8
Femtosecond Laser and the FEMTIS which allowed Cataract Surgery with an
unmatched level of precision, more than 5 times than that of the manual
processes.
Technological Advancements in
Malaysia Ophthalmology Market: Ophthalmology Market in Malaysia is
continuously witnessing changes in terms of Technological advancements and
developments in detection and diagnosis of multiple eye disorders.
Some companies introduced Artificial Intelligence (AI) systems to predict
the risk of developing common eye diseases like diabetic retinopathy, ARMD and
Glaucoma, to prevent blindness whereas some introduced a neuro rehabilitation
software, Vivid Vision, that uses virtual reality (VR) games to help binocular
vision disorders such as lazy or squint eye, i.e. treatment of their conditions
with the usual therapies. Continuous Developments in the country are helping
Malaysia to become the center of Medical Care for Malaysians and Medical
Tourists.
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 links: -
Ophthalmology Market in Malaysia
Related
Reports by Ken Research
Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications