Mexico Dry Eye Treatment Devices Market Size & Outlook
Mexico dry eye treatment devices market, 2018-2030 (US$M)
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Mexico dry eye treatment devices market highlights
- The Mexico dry eye treatment devices market generated a revenue of USD 6.6 million in 2023 and is expected to reach USD 10.4 million by 2030.
- The Mexico market is expected to grow at a CAGR of 6.7% 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 6.6 million |
| Market revenue in 2030 | USD 10.4 million |
| Growth rate | 6.7% (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, Mexico accounted for 2.0% 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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Mexico 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 40.91% in 2023. Horizon Databook has segmented the Mexico 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.
Increasing number of patient visits for dry eye treatment in tertiary care ophthalmic centers in Mexico is anticipated to boost the market. Increased tertiary care visits signify the high prevalence of severe DED cases in Mexico.
These cases are typically not receptive to conventional therapies and produce desirable results when treated through novel treatment technologies, such as IPL and MGX. Moreover, the country’s geographical proximity to the U.S., a market leader, ensures quicker availability of advanced dry eye treatment devices.
The presence of trade blocs between these countries can enable duty-free export of such devices, further fueling market growth. Many MDX and IPL treatments are being made available at a fractionally lower price than the same in the U.S., which may lead to an increase in medical tourism to Mexico for IPL treatments in the future.
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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico dry eye treatment devices market , including forecasts for subscribers. This country databook contains high-level insights into Mexico dry eye treatment devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico dry eye treatment devices market size, by technology, 2018-2030 (US$M)
Mexico Dry Eye Treatment Devices Market Outlook Share, 2023 & 2030 (US$M)
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