Taiwan Ophthalmology Drugs and Devices Market revenues is projected to grow at a CAGR of 8.1% respectively during 2025-2031F

Hospitals sector by End-Use held the highest revenue share in Taiwan Ophthalmology Drugs and Devices Market -6Wresearch

In 2024, Hospitals lead Taiwan's ophthalmology market owning to their advanced infrastructure, specialized departments, and a high number of surgeries. Furthermore, hospitals provide comprehensive care for complex eye conditions that need both medications and devices.

According to 6Wresearch, Taiwan Ophthalmology Drugs and Devices Market revenues is projected to grow at a CAGR of 8.1% respectively during 2025-2031F. In recent years, Taiwan’s ophthalmology drugs and devices market has witnessed growth, primarily fueled by the National Health Insurance (NHI) program and the expansion of healthcare infrastructure. By 2023, the total number of hospitals and clinics in the country increased to 23,896, up from 23,132 in 2020.

Additionally, the rising incidence of eye conditions in Taiwan is also contributing to market growth. Over 30% of the population is affected by dry eye disease, while myopia prevalence has reached 84% among high school students, with 24% experiencing high myopia, according to a survey. This highlights a growing need for medical intervention and ophthalmic solutions.

According to Sumit, Senior Research Analyst, 6Wresearch, Cataracts are a major focus in Taiwan's ophthalmology market, largely because of their widespread occurrence in the aging population. This has led to an increased demand for both surgical devices and pharmaceutical treatments aimed at effectively managing and restoring vision.

Taiwan Ophthalmology Drugs and Devices Market (2025-2031) report provides an in-depth analysis with 13 figures and 6 tables, covered in 61 pages. The report thoroughly covers market by products, indication and end use. Taiwan Ophthalmology Drugs and Devices Market outlook report provides an unbiased and detailed analysis of the on-going Taiwan Ophthalmology Drugs and Devices Market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.