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ISEC Healthcare seeks regional growth in eyecare space

Samantha Chiew
Samantha Chiew • 7 min read
ISEC Healthcare seeks regional growth in eyecare space
ISEC Healthcare acquired Ipoh Eye Specialist Group, the largest private eyecare provider in Perak, Malaysia, in 2022. Photo: ISEC Healthcare
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The global eyecare industry is growing rapidly due to an ageing population and rising eye disease rates. The Vision Atlas report by the International Agency for the Prevention of Blindness (IAPB) predicts a 55% increase in vision loss over the next 30 years, affecting 600 million more people.

The IAPB attributes rising vision loss to an ageing population and lifestyle changes. Vision issues like cataracts, macular degeneration and glaucoma increase with age. By 2050, the global population over 65 is expected to rise from one in 11 to one in six, exacerbating this problem.

In terms of lifestyle changes, IAPB cites factors such as “more sedentary and indoor lifestyles, less-nutritious foods and resulting obesity”, which have all contributed to a surge in the prevalence of myopia and diabetes.

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