Pro
Healthcare & Pharma
Africa Corporate Wellness Market, by End User, 2018-2027
| Label | USD Million |
|---|---|
| 2018 | 27.520239858385526 USD Million |
| 2019 | 32.15072412838739 USD Million |
| 2020 | 33.69865261499283 USD Million |
| 2021 | 35.099142065608845 USD Million |
| 2022 | 36.71628430667099 USD Million |
| 2023 | 38.49588775238906 USD Million |
| 2024 | 40.45770632571915 USD Million |
| 2025 | 42.624445413803606 USD Million |
| 2026 | 45.02227597814737 USD Million |
| 2027 | 47.68145063599073 USD Million |
| 2028 | 50.67357034229701 USD Million |
| 2029 | 54.00767835501268 USD Million |
| 2030 | 66.53438965026155 USD Million |
| 2031 | 70.91207293084022 USD Million |
| 2032 | 75.49540431427836 USD Million |
Data Source: Wantstats Repository
Market Dynamics
Dry eye syndrome, also known as keratoconjunctivitis sicca, is one of the most common eye disorders in South Africa. It is characterized by a lack of adequate tears to lubricate and nourish the eye surface, resulting in sensations of burning, soreness, and irritation. The disorder is more prevalent among the elderly and post-menopausal women, although it can affect people of all ages. The economic burden of dry eye syndrome is considerable because of its frequent visits to ophthalmologists and incremental use of eye-care products. It is estimated that there are about 950,000 South African sufferers of dry eye syndrome, constituting about 2.3% of the population. Despite the prevalence of dry eye syndrome in the South African population, the market for dry eye syndrome is relatively underdeveloped. Until recently, there were no treatments or specific products available to address this condition. Now, there are many products available, such as artificial tears, gels, and medications, to provide relief from its symptoms. The most common eye drop available is the artificial tear, which accounts for the majority of the treatment cost. As the market matures, so does the competition, with several new products being introduced in the past year.
This competition is expected to reduce prices over time, opening up the market for the more disadvantaged sections of the South African population. Furthermore, support from the government is becoming increasingly available for those suffering from dry eye syndrome, including insurance coverage, discounts, and reimbursement for costs associated with treatment. There are also initiatives in place to raise awareness of the condition and ophthalmology clinics are providing educational programs on the disorder. The outlook for the South African dry eye syndrome market is very promising for the next decade. As the prevalence of the condition increases due to the aging population, new treatments and products coming to market, as well as enhanced support from the government, are expected to fuel growth. The demand for dry eye syndrome products and treatments in South Africa is expected to remain strong well into the next decade.
Research Methodology
Figures reflect Wantstats’ original market research and forecasting models, compiled as part of the Wantstats research archive and published in 2023.
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Co-Founder, Mojave Rail Fabrication Limited
This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert
Manager, JavolVision
Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Sales Operations & Pricing Manager, Intel
Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau
Sales Leader, Bamberg
We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Account and Business Manager, EFS-Holland BV
Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Senior Retail Manager, LG Chem
We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin
Management Consultant, Level 21
I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker
Group Product Manager HVAC & Fire Protection GMA, Rockwool
I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee
R&D Director, Seojin
Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu
Strategy & Business Development Director, Dogan Holding
We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.