North America Dry Eye Treatment Devices Market Size & Outlook
North America dry eye treatment devices market, 2018-2030 (US$M)
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North America dry eye treatment devices market highlights
- The North America dry eye treatment devices market generated a revenue of USD 109.9 million in 2023.
- The market is expected to grow at a CAGR of 7.5% 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.
- Country-wise, Canada is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 109.9 million |
| Market revenue in 2030 | USD 182.5 million |
| Growth rate | 7.5% (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 |
Other key industry trends
- In terms of revenue, North America region accounted for 34.1% 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 |
|---|
North America 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 41.22% in 2023. Horizon Databook has segmented the North America 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 high prevalence of DED, increasing R&D expenditure, and growing number of ophthalmology trade conferences and expos in the U.S. & Canada contributed significantly to North America’s leading market share in 2019.
The growing number of research activities carried out on clinical applications of advanced dry eye treatment devices, such as IPL and BBL, is expected to drive the market over the forecast period.
For instance, Toyos Clinic in the U.S. recently received a research grant from the American Society of Cataract & Refractive Surgery Foundation to carry out a comparative study between BBL and IPL over their efficacies in the treatment of dry eye symptoms.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America dry eye treatment devices market , including forecasts for subscribers. This continent databook contains high-level insights into North America dry eye treatment devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America dry eye treatment devices market size, by country, 2018-2030 (US$M)
North America Dry Eye Treatment Devices Market Outlook Share, 2023 & 2030 (US$M)
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