India Dry Eye Treatment Devices Market Size & Outlook
India dry eye treatment devices market, 2018-2030 (US$M)
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India dry eye treatment devices market highlights
- The India dry eye treatment devices market generated a revenue of USD 6.8 million in 2023 and is expected to reach USD 11.8 million by 2030.
- The India 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 6.8 million |
| Market revenue in 2030 | USD 11.8 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, India accounted for 2.1% 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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India 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 41.18% in 2023. Horizon Databook has segmented the India 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 increasing number of patient visits with severe dry eye symptoms and increasing incidence of DED are factors expected to propel the country’s market. There are a large number of undiagnosed DED cases in India, due to the lack of awareness among the population.
Typically, by the time DED is diagnosed, the situation reaches a point where it cannot be treated by traditional approaches, which is anticipated to propel the demand for newer treatments.
Thermal pulsation systems are receiving greater acceptance than IPL, owing to advantages such as cost-efficiency and lower number of contraindications. In India, the number of IT professionals has increased over the years, marking a large number of individuals who constantly use computers & mobile devices and are, therefore, prone to DED.
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Horizon Databook provides a detailed overview of country-level data and insights on the India dry eye treatment devices market , including forecasts for subscribers. This country databook contains high-level insights into India dry eye treatment devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India dry eye treatment devices market size, by technology, 2018-2030 (US$M)
India Dry Eye Treatment Devices Market Outlook Share, 2023 & 2030 (US$M)
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