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Dry Eye Treatment Devices Market Size

  • Report ID: GMI6243
  • Published Date: Jul 2023
  • Report Format: PDF

Dry Eye Treatment Devices Market Size

Dry Eye Treatment Devices Market size was valued at over USD 260 million in 2022 and is anticipated to grow at a CAGR of 8.4% between 2023 and 2032. This incremental growth rate is owing to increasing prevalence of dry eye disease coupled with technological advancements in dry eye treatment devices. Increasing number of contact lens wearers associated with growing usage of visual display terminals is anticipated to drive the dry eye treatment devices industry expansion.

 

The dry eye treatment devices market is experiencing a significant growth in recent years due to the increasing prevalence of dry eye syndrome, aging population, rising digital device usage, and the growing awareness of its impact on ocular health. Technological advancements are leading to the development of innovative dry eye treatment devices, to improve the effectiveness of treatments. Additionally, increasing awareness among patients and healthcare professionals about the importance of timely and effective dry eye treatment has led to greater adoption of these devices. The dry eye treatment devices industry is poised for continued growth as the prevalence of dry eye syndrome rises, and patients seek effective and convenient solutions to manage their symptoms. Therefore, the dry eye treatment devices industry is witnessing substantial growth and innovation, driven by the demand for better diagnosis and treatment of ocular ailments and technological advancements that focus on patient-centric treatments are expected to drive the dry eye treatment devices market growth.

 

Dry eye treatment devices are medical devices designed to alleviate the symptoms and address the underlying causes of dry eye syndrome. Dry eye treatment devices employ various technologies and approaches to improve tear production, enhance tear quality, and provide relief from dry eye symptoms.

 

However, the presence of contraindications can pose a potential challenge to the growth of the dry eye treatment devices market. Contraindications refer to specific circumstances or conditions in which a particular treatment or device should not be used due to potential risks or adverse effects on the patient. For instance, in the case of intense pulsed light (IPL) devices for dry eye treatment, there are certain contraindications that may limit their widespread adoption and market growth. IPL treatment involves the use of light energy, that can cause discomfort or adverse reactions in individuals with sensitive or easily irritated skin. Certain eye conditions or diseases, such as glaucoma, cataracts, and retinal disorders, are contraindicated for IPL treatment. The intense light energy emitted by IPL devices can potentially aggravate or worsen these pre-existing eye conditions.

Authors: Mariam Faizullabhoy , Shishanka Wangnoo

Frequently Asked Questions (FAQ) :

Market size dry eye treatment devices was worth more than USD 260 million in 2022 and is estimated to reach around USD 586 million by 2032 driven by the high prevalence of dry eye disease coupled with technological advancements in dry eye treatment devices.

The meibomian gland expression (MGX) technology segment held more than 41% share of the dry eye treatment devices industry in 2022 and is set to witness high demand owing to its increasing application to address meibomian gland dysfunction (MGD).

North America market for dry eye treatment devices was valued at USD 95 million in 2022 and is expected to grow substantially through 2032 attributed to the presence of significant industry players, an increase in the number of patients suffering from dry eye disease diseases, and an expanding elderly population.

Some of the major enterprises operating in the dry eye treatment devices business are Alcon, Allergan (AbbVie), BioTissue, Inc, BlephEx LLC, ESW Vision, EyePrint Prosthetics, LLC, Holbar Medical Products, Johnson & Johnson Vision, Lumenis, Mibo Medical Group, NuSight Medical, Sight Sciences among others.

Dry Eye Treatment Devices Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 12
  • Tables & Figures: 195
  • Countries covered: 30
  • Pages: 130
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