Kenya LASIK Surgery Market Analysis

Kenya LASIK Surgery Market Executive Summary

Kenya LASIK Surgery Market was valued at $2.47 Mn in 2023 and is predicted to grow at a CAGR of 6.31% from 2023 to 2030, to $3.79 Mn by 2030.

LASIK, or laser-assisted in situ keratomileusis, is a popular refractive surgery that reshapes the cornea to correct vision problems like near sightedness, farsightedness, and astigmatism, significantly reducing dependence on eyeglasses or contact lenses. Before surgery, an ophthalmologist performs a comprehensive eye exam to determine candidacy. The outpatient procedure, lasting about 15-30 minutes per eye, involves creating a thin corneal flap with a microkeratome or femtosecond laser, reshaping the underlying corneal tissue with an excimer laser, and repositioning the flap without stitches. Post-surgery, patients may experience temporary discomfort and blurred vision, with risks including dry eyes, glare, halos, infection, and rare vision under or overcorrections.

In Kenya, the prevalence and incidence of eye diseases present significant public health challenges. The 6-year cumulative incidence of visual impairment (VI) stands at 11.9%, with blindness at 1.51% using WHO definitions and 2.70% using US definitions, equating to approximately 92,000 new cases of VI and 11,600 new cases of blindness annually among people aged 50 and above. Among children, the prevalence of visual impairment is 2.4%, primarily due to uncorrected refractive error (62%), amblyopia (24%), and nystagmus (14%). In the Mbeere District, 15.52% of the population reported ocular morbidity, with lens and conjunctival conditions being the most common. Elderly individuals with VI have a higher 6-year mortality risk (28.3%) compared to those with normal vision (9.7%), and this risk increases further with severe visual impairment or blindness (34.9%).

Market is therefore driven by significant factors like the rising prevalence of vision problems, the expanding middle class, and growing awareness and marketing. However, the high cost of surgery, limited access to qualified surgeons and facilities, and lower awareness in rural areas restrict the growth and potential of the market.

Market Dynamics

Market Growth Drivers

Rising Prevalence of Vision Problems: Kenya faces a growing number of individuals with vision problems, with over 36% of adults in urban areas suffering from myopia, according to a study published in the East African Medical Journal. This substantial patient pool creates a significant demand for corrective procedures like LASIK surgery.

Expanding Middle Class: Kenya's steadily growing middle class has led to an increase in disposable income. This economic growth allows more people to consider elective procedures like LASIK, which can greatly enhance their quality of life.

Growing Awareness and Marketing: There is a gradual increase in awareness of LASIK surgery in Kenya, fuelled by marketing efforts from eye care providers and medical facilities. These campaigns educate potential patients about the benefits of LASIK, driving market growth.

Market Restraints

High Cost of Surgery: LASIK surgery is expensive, even when compared to regional averages. This high cost acts as a barrier for many Kenyans, especially those with limited financial resources.

Limited Access to Qualified Surgeons and Facilities: Number of qualified ophthalmologists trained in LASIK procedures and the availability of well-equipped LASIK facilities are limited, particularly outside major cities. This restricts access to the procedure for a broader population.

Lower Awareness in Rural Areas: While awareness of LASIK is increasing, it remains limited in rural areas. This lack of knowledge prevents many people who could benefit from the procedure from seeking it out.

Regulatory Landscape and Reimbursement Scenario

The Kenya Medical Practitioners and Dentists Board (KMPDB) ensures that ophthalmologists meet the necessary qualifications and ethical standards for practice. The Pharmacy and Poisons Board (PPB) regulates the medical devices used in LASIK procedures, including lasers, to ensure their safety and effectiveness. Additionally, the Ministry of Health (MoH) establishes national health policies and guidelines that encompass informed consent, pre-operative assessments, and post-operative care protocols, ensuring that LASIK surgeries adhere to established standards.

In terms of reimbursement, LASIK surgery is classified as an elective procedure in Kenya, with public health insurance schemes like the National Health Insurance Fund (NHIF) generally not covering its costs. Some private insurance plans may offer limited coverage, but patients are often required to review their specific policy details carefully. As a result, most individuals seeking LASIK surgery typically pay out of pocket, which can be a significant financial burden. To alleviate this, some LASIK clinics provide financing options to help patients manage the costs associated with the procedure.

Competitive Landscape

Key Players

Here are some of the major key players in the Kenya LASIK Surgery

• Eye Mantra
• M.P. Shah Hospital
• Johnson and Johnson Private Ltd
• Zeimer Ophthalmic System AG
• Abbott
• Laser Sight Technologies, Inc
• Bausch + Lomb Incorporate
• Carl ZEISS AG
• Nidek Co, Ltd