China Dry Eye Treatment Devices Market Size & Outlook
China dry eye treatment devices market, 2018-2030 (US$M)
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China dry eye treatment devices market highlights
- The China dry eye treatment devices market generated a revenue of USD 9.9 million in 2023 and is expected to reach USD 17.1 million by 2030.
- The China market is expected to grow at a CAGR of 8.2% 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 9.9 million |
| Market revenue in 2030 | USD 17.1 million |
| Growth rate | 8.2% (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, China accounted for 3.1% 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 Asia Pacific, China dry eye treatment devices market is projected to lead the regional market in terms of revenue in 2030.
- Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 15.0 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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China 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 41.41% in 2023. Horizon Databook has segmented the China 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.
China has the highest number of DED cases in the world, with an estimated prevalence of 270 million in 2019. The prevalence is anticipated to increase significantly over the coming years due to the overuse of visual display terminals, falling air quality index, and the growing incidence of diabetes in China, all of which are prominent risk factors for DED.
Therefore, the high burden of DED is expected to increase the demand for treatment options, thereby driving the market. The MGX treatment for dry eye is widely practiced across Mainland China. While IPL technology has a mature market in aesthetics, its medical applications are at a nascent stage.
This has resulted in more players operating in IPL segment for eye care entering China’s market over recent times.
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Horizon Databook provides a detailed overview of country-level data and insights on the China dry eye treatment devices market , including forecasts for subscribers. This country databook contains high-level insights into China dry eye treatment devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China dry eye treatment devices market size, by technology, 2018-2030 (US$M)
China Dry Eye Treatment Devices Market Outlook Share, 2023 & 2030 (US$M)
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