Middle East & Africa Dry Eye Treatment Devices Market Size & Outlook
Middle East & Africa dry eye treatment devices market, 2018-2030 (US$M)
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MEA dry eye treatment devices market highlights
- The MEA dry eye treatment devices market generated a revenue of USD 30.7 million in 2023.
- The market is expected to grow at a CAGR of 8% 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.
- Country-wise, South Africa is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 30.7 million |
| Market revenue in 2030 | USD 52.4 million |
| Growth rate | 8% (CAGR from 2023 to 2030) |
| Largest segment | Meibomian gland expression (mgx) |
| Fastest growing segment | Combination (MGX+IPL) |
| 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 |
Other key industry trends
- In terms of revenue, MEA region accounted for 9.5% of the global dry eye treatment devices market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 87.4 million by 2030.
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Dry Eye Treatment Devices Market Scope
Dry Eye Treatment Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa 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 41.69% in 2023. Horizon Databook has segmented the Middle East & Africa 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 prevalence of DED varies significantly in Middle Eastern countries. Saudi Arabia has the highest prevalence, while Iran has the lowest. Advanced and novel technologies are rapidly accepted in the UAE and Saudi Arabia owing to their high healthcare investments.
On the other side, awareness about DED is low in Africa, leading to a high number of undiagnosed cases, which is expected to propel the market over the forecast period. IPL technologies are being contraindicated in people with dark skin tone, prompting market players to consider promoting MGDx treatments when looking to enter this market.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa dry eye treatment devices market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa dry eye treatment devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA dry eye treatment devices market size, by country, 2018-2030 (US$M)
Middle East & Africa Dry Eye Treatment Devices Market Outlook Share, 2023 & 2030 (US$M)
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