Argentina Dry Eye Treatment Devices Market Size & Outlook
Argentina dry eye treatment devices market, 2018-2030 (US$M)
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Argentina dry eye treatment devices market highlights
- The Argentina dry eye treatment devices market generated a revenue of USD 3.9 million in 2023 and is expected to reach USD 6.2 million by 2030.
- The Argentina market is expected to grow at a CAGR of 6.6% from 2024 to 2030.
- In terms of segment, meibomian gland expression (mgx) was the largest revenue generating technology in 2023.
- Combination (MGX+IPL) is the most lucrative technology segment registering the fastest growth during the forecast period.
Dry eye treatment devices market data book summary
| Market revenue in 2023 | USD 3.9 million |
| Market revenue in 2030 | USD 6.2 million |
| Growth rate | 6.6% (CAGR from 2023 to 2030) |
| Largest segment | Meibomian gland expression (mgx) |
| Fastest growing segment | Combination (MGX+IPL) |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Broadband light (BBL), Intense Pulsed Light (IPL), Meibomian Gland Expression (MGX), Combination (MGX+IPL) |
| Key market players worldwide | Sight Sciences Inc, Lumenis, Johnson & Johnson, Alcon Inc, MiBo Medical Group, ESW vision |
Other key industry trends
- In terms of revenue, Argentina accounted for 1.2% of the global dry eye treatment devices market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil dry eye treatment devices market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 13.0 million by 2030.
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Dry Eye Treatment Devices Market Scope
Dry Eye Treatment Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina dry eye treatment devices market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to dry eye treatment devices market will help companies and investors design strategic landscapes.
Meibomian gland expression (mgx) was the largest segment with a revenue share of 41.03% in 2023. Horizon Databook has segmented the Argentina dry eye treatment devices market based on broadband light (bbl), intense pulsed light (ipl), meibomian gland expression (mgx), combination (mgx+ipl) covering the revenue growth of each sub-segment from 2018 to 2030.
In Argentina, Thermaeye, E-eye, and Optima IPL are the commonly used IPL technologies in dry eye therapy. IPL therapy is being increasingly applied to improve dry eye symptoms in patients post their ocular surgery. It is reported that a cataract surgery may actually worsen or induce dry eye symptoms in patients.
The prevalence of dry eye in cataract patients ranges from 3% to 33%. Argentina has the highest Cataract Surgery Rate (CSR), as compared to other Latin American countries, owing to the presence of favorable government initiatives and a high number of practicing ophthalmologists.
Therefore, the growth in CSR is expected to boost the demand for IPL treatments in Argentina, driving its market.
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina dry eye treatment devices market , including forecasts for subscribers. This country databook contains high-level insights into Argentina dry eye treatment devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina dry eye treatment devices market size, by technology, 2018-2030 (US$M)
Argentina Dry Eye Treatment Devices Market Outlook Share, 2023 & 2030 (US$M)
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