South Africa Dry Eye Treatment Devices Market Size & Outlook
South Africa dry eye treatment devices market, 2018-2030 (US$M)
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South Africa dry eye treatment devices market highlights
- The South Africa dry eye treatment devices market generated a revenue of USD 5.5 million in 2023 and is expected to reach USD 9.6 million by 2030.
- The South Africa 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.
- 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 5.5 million |
| Market revenue in 2030 | USD 9.6 million |
| Growth rate | 8.2% (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, South Africa accounted for 1.7% 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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South 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 41.82% in 2023. Horizon Databook has segmented the South 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.
In South Africa, the incidence of MGD is far higher than the global average of 15%. Its therapeutic landscape in dry eye is changing drastically, with more eye care providers more inclined to treat the root cause than providing temporary relief from symptoms. This is expected to boost the demand for advanced dry eye treatment devices in the country.
Moreover, a larger population of South Africa is either skin type 4 or 5. Thereby, IPL devices that can treat these skin types are expected to experience a surge in demand. For instance, E-eye by ESW Vision is the only CE marked IPL treatment to treat DED patients with dark skin. Therefore, it can be used for treating nearly 98% of the South African population.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Africa dry eye treatment devices market , including forecasts for subscribers. This country databook contains high-level insights into South Africa dry eye treatment devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa dry eye treatment devices market size, by technology, 2018-2030 (US$M)
South Africa Dry Eye Treatment Devices Market Outlook Share, 2023 & 2030 (US$M)
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