Spain Dry Eye Treatment Devices Market Size & Outlook
Spain dry eye treatment devices market, 2018-2030 (US$M)
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Spain dry eye treatment devices market highlights
- The Spain dry eye treatment devices market generated a revenue of USD 8.5 million in 2023 and is expected to reach USD 14.3 million by 2030.
- The Spain market is expected to grow at a CAGR of 7.8% 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 8.5 million |
| Market revenue in 2030 | USD 14.3 million |
| Growth rate | 7.8% (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, Spain accounted for 2.6% 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 Europe, UK dry eye treatment devices market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 26.5 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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Spain 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 41.18% in 2023. Horizon Databook has segmented the Spain 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 Spain, the market for IPL in the treatment of meibomian gland dysfunction is at its nascent stages of adoption. Alternatives such as systemic doxycycline, topical azithromycin, and artificial tear solution are the more commonly used approaches for the treatment of evaporative DED.
In Spain, the people suffering from DED generally opt for OTC products or consult general practitioners, keeping the country’s IPL market share lower than the top 5 European countries in the market.
Spain also holds the lowest number of ophthalmologist visits for dry eye treatment, as compared to several other major EU countries. However, the increasing number of clinical studies evaluating the safety and efficacy of integrating IPL technologies in dry eye treatments is anticipated to fuel the market during the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the Spain dry eye treatment devices market , including forecasts for subscribers. This country databook contains high-level insights into Spain dry eye treatment devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Spain dry eye treatment devices market size, by technology, 2018-2030 (US$M)
Spain Dry Eye Treatment Devices Market Outlook Share, 2023 & 2030 (US$M)
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