Saudi Arabia Dry Eye Treatment Devices Market Size & Outlook
Saudi Arabia dry eye treatment devices market, 2018-2030 (US$M)
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Saudi Arabia dry eye treatment devices market highlights
- The Saudi Arabia dry eye treatment devices market generated a revenue of USD 3.8 million in 2023 and is expected to reach USD 6.6 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 8.1% 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 3.8 million |
| Market revenue in 2030 | USD 6.6 million |
| Growth rate | 8.1% (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, Saudi Arabia accounted for 1.2% 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 Middle East & Africa, South Africa dry eye treatment devices market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 9.6 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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Saudi Arabia 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 42.11% in 2023. Horizon Databook has segmented the Saudi Arabia 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 prevalence of dry eye, coupled with growing prevalence of associated risk factors, is expected to propel the market for dry eye treatment devices in Saudi Arabia. According to a study published in the International Journal of Medicine in Developing Countries, the prevalence of DED is 32.1% in Saudi Arabia, the highest among Middle Eastern countries.
The increasing incidence of risk factors, such as diabetes, hypertension, autoimmune disorders, glaucoma, and aging, has contributed to its high prevalence. It is reported that approximately 35% of the Riyadh’s population aged 40 years and above had DES. In addition, Saudi Arabia shows one of the highest expenditures on healthcare and offers highly skilled ophthalmic care technologies, which is likely to aid the country’s market growth.
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Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia dry eye treatment devices market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia dry eye treatment devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia dry eye treatment devices market size, by technology, 2018-2030 (US$M)
Saudi Arabia Dry Eye Treatment Devices Market Outlook Share, 2023 & 2030 (US$M)
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