DUBLIN, October 26, 2023 /PRNewswire/ — The “Dry Eye Treatment Devices Market Size, Share and Trends Analysis Report by Technology (MGX, Combination (MGX+IPL)), by End Use (Hospitals, Eye Clinics), by Region and segment forecast, 2023-2030″ the report has been added to ResearchAndMarkets.com offer.
Global Dry Eye Treatment Devices Market Size Expected to Reach $537.5 million by 2030, registering a CAGR of 7.6%
The growing demand for targeted, non-invasive, faster and patient-friendly treatment methods to relieve dry eye symptoms is expected to drive the market growth during the forecast period.
The increasing incidence of causal risk factors such as excessive use of contact lenses, prolonged exposure to digital screens, diabetes, glaucoma, and Sjogren’s syndrome globally is expected to propel the market growth. For example, it is estimated that Americans spend on average more than 10 hours per day in front of visual display terminals.
The increasing number of clinical and research activities carried out to evaluate the safety and effectiveness of advanced dry eye treatment devices such as IPL and BBL will drive the market growth. The application of these advanced technologies in eye care is in its infancy in many countries. Clinical evidence is therefore essential to increase provider confidence. Furthermore, clinical studies of these technologies show promising results compared to conventional methods of treating dry eye.
Availability of alternative treatments, high cost of IPL/BBL treatment, numerous contraindications associated with IPL, and lack of an effective health insurance policy in several countries are the factors fueling the market growth . For example, treatment of dry eye syndrome with intense pulsed light (IPL) is not covered by the NHS, a major health service provider in the United Kingdom.
Highlights of Dry Eye Treatment Devices Market Report
- MGX technology held the largest market share of 41.2% in 2022 due to factors such as frequent product launches, cost-effectiveness, and improved accessibility.
- IPL and combination technologies (MGX+IPL) are expected to register a CAGR of 7.6% during the forecast period due to factors such as development of cost-effective and compact-sized IPL devices that are versatile in tone processing flesh of all types, which has boosted its installation rate in clinics and ophthalmological centers
- North America held the largest revenue share of 34.1% in 2022 and is expected to maintain its dominance during the forecast period. This is attributed to the increasing prevalence of dry eye, increasing R&D expenditures, and the large number of professional ophthalmology conferences and exhibitions held in the United States and the United States. Canada
Company Profiles
- Vision Sciences
- Lumenis
- ESW Vision
- Johnson & Johnson Vision Care
- Alcon, Inc.
- MiBo Medical Group
Key topics covered:
Chapter 1. Methodology and scope
Chapter 2. Summary
2.1. Market Outlook
2.2. Sectoral outlook
2.2.1. Technological outlook
2.2.2. End-use outlook
2.2.3. Regional outlook
2.3. Competitive Outlook
Chapter 3. Dry Eye Treatment Devices Market Variables, Trends and Scope
3.1. Market lineage outlook
3.1.1. Parent Market Outlook
3.1.2. Related/Ancillary Market Outlook
3.2. Mapping penetration and growth prospects
3.3. Market dynamics
3.3.1. Market Driver Analysis
3.3.2. Analysis of market constraints
3.4. Dry Eye Treatment Devices Market Analysis Tools
3.4.1. Industry Analysis – Porter’s
3.4.2. PESTEL analysis
Chapter 4. Dry Eye Treatment Devices: Technology Estimates and Trend Analysis
4.1. Dry Eye Treatment Devices Market: Key Takeaways
4.2. Dry Eye Treatment Devices Market: Market Movement and Share Analysis, 2022 and 2030
4.3. Broadband Light (BBL)
4.4. Intense Pulsed Light (IPL)
4.5. Meibomian gland expression (MGX)
4.6. Combination (MGX+IPL)
Chapter 5. Dry Eye Treatment Devices: End Use Estimates and Trend Analysis
5.1. Dry Eye Treatment Devices Market: Key Takeaways
5.2. Dry Eye Treatment Devices Market: Market Movement and Share Analysis, 2022 and 2030
5.3. Hospitals
5.4. Eye clinics
Chapter 6. Dry Eye Treatment Devices Market: Regional Estimates and Trends Analysis
6.1. Regional outlook
6.2. Dry Eye Treatment Devices Market by Region: Key Takeaways
Chapter 7. Competitive Landscape
7.1. Recent developments and impact analysis, by key market players
7.2. Categorization of market participants
7.2.1. Company presentation
7.2.2. Financial performance
7.2.3. Comparative product analysis
7.2.4. Strategic initiatives
For more information on this report, visit https://www.researchandmarkets.com/r/pqzx90
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