Brazil Dry Eye Treatment Devices Market Size & Outlook
Brazil dry eye treatment devices market, 2018-2030 (US$M)
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Brazil dry eye treatment devices market highlights
- The Brazil dry eye treatment devices market generated a revenue of USD 8.2 million in 2023 and is expected to reach USD 13.0 million by 2030.
- The Brazil market is expected to grow at a CAGR of 6.9% from 2024 to 2030.
- In terms of segment, meibomian gland expression (mgx) was the largest revenue generating technology in 2023.
- Broadband light (BBL) 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 8.2 million |
| Market revenue in 2030 | USD 13.0 million |
| Growth rate | 6.9% (CAGR from 2023 to 2030) |
| Largest segment | Meibomian gland expression (mgx) |
| Fastest growing segment | Broadband light (BBL) |
| 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, Brazil accounted for 2.5% 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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Brazil 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 41.46% in 2023. Horizon Databook has segmented the Brazil 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.
The burden of DED is increasing in Brazil, which is expected to propel the demand for treatment options. The presence of a large patient pool in the country is attracting various global players looking to expand their business.
The Optima IPL by Lumenis is already approved for sale in Brazil. In November 2018, Dry Com, the distributor of E-eye—the IPL treatment device by ESW Vision in Brazil—received ANVISA approval.
International conferences such as the Brazilian Congress of Cataract and Refractive Surgery (BRASCRS) play a crucial role in channeling advanced and innovative dry eye treatment solution into the country. The 11th international congress is scheduled to be held in Salvador in 2021.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil dry eye treatment devices market , including forecasts for subscribers. This country databook contains high-level insights into Brazil dry eye treatment devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil dry eye treatment devices market size, by technology, 2018-2030 (US$M)
Brazil Dry Eye Treatment Devices Market Outlook Share, 2023 & 2030 (US$M)
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