Market revenue in 2023 | USD 91.3 million |
Market revenue in 2030 | USD 153.5 million |
Growth rate | 7.7% (CAGR from 2023 to 2030) |
Largest segment | Meibomian gland expression (mgx) |
Fastest growing segment | Broadband light (BBL) |
Historical data covered | 2018 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 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 |
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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 41.29% in 2023. Horizon Databook has segmented the Europe 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.
Europe’s dry eye devices market is expected to experience a significant growth rate of 6.5% during the forecast period. Increasing prevalence of dry eye disease in the region, coupled with growing product approvals for dry eye treatment, is expected to contribute to the region’s market growth.
The M22 Optima IPL by Lumenis is approved in EU for treatment of dry eye. In 2013, E-Eye received CE Certification approval. IPL technology has been proven effective in treating dry eye.
Thereby, many eye clinics and centers in the region are providing dry eye treatments using these devices. Since 2014, Dry Eye Centre, UK is providing IPL treatment for dry eye, using devices such as E-Eye and M22 Optima IPL. Therefore, growing adoption of technologically advanced dry eye treatment devices is expected to boost the market in Europe.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe dry eye treatment devices market , including forecasts for subscribers. This continent databook contains high-level insights into Europe dry eye treatment devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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