The “Apple” of Eye

Growth in number of ophthalmologists, proportion of ageing population, number of patients with eye ailments and technological advancements have augmented the growth in the ophthalmology market in Malaysia. The market growth was further supported by the rising number of diabetic patients and insurance coverage for surgeries like cataract. Even single specialty clinics/hospitals are expanding their geographical reach to cater to more patients.

Based on the research conducted by Ken Research in 2021, the technological advancements in the country along with more insurance companies partnering with ophthalmology clinics will complement the revenue growth in the industry. Overall market in terms of number of consultations and surgeries will also witness a double-digit growth rate in the future.

The demand for eye-specialist services could also grow over time due to the increase in non-communicable diseases (NCDs), including hypertension, diabetes and obesity, which may contribute to eye diseases and disorders in the long run. The sedentary lifestyle of most Malaysians today, especially with the movement restrictions due to the pandemic, coupled with bad dietary and smoking habits, may contribute to a rise in NCDs.

To support the potential and growth in this industry, we are ready to assist you from financing your new set-up requirement or financing your acquisition of assets for replacement and/or expansion purpose. Please contact us at HQ or any of our 16 branches nationwide for further information and discussion.