Thailand Dry Eye Treatment Devices Market Size & Outlook
Thailand dry eye treatment devices market, 2018-2030 (US$M)
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Thailand dry eye treatment devices market highlights
- The Thailand dry eye treatment devices market generated a revenue of USD 5.0 million in 2023 and is expected to reach USD 8.6 million by 2030.
- The Thailand 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 5.0 million |
| Market revenue in 2030 | USD 8.6 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, Thailand accounted for 1.6% 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 Asia Pacific, China dry eye treatment devices market is projected to lead the regional market in terms of revenue in 2030.
- Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 15.0 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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Thailand 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% in 2023. Horizon Databook has segmented the Thailand 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.
Eye dryness and eye tiredness are the most commonly encountered eye problems, especially in the younger Thai population. This can be attributed to their preferential use of contact lenses. Thailand’s number of contact lens users has increased significantly in the past few years, which has accelerated the prevalence of patients suffering from refractive errors. Consistent use of contact lenses is one of the primary risk factors associated with DED.
The increasing utilization of contact lenses in Thailand is anticipated propel the market. In addition, initiatives to promote awareness about DED and its treatment options are expected to propel the market.
For instance, in October 2019, on Eye Care Week and World Sight Day, professionals from the Royal College of Ophthalmologist shared health information related to MGD on national television in Thailand.
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Horizon Databook provides a detailed overview of country-level data and insights on the Thailand dry eye treatment devices market , including forecasts for subscribers. This country databook contains high-level insights into Thailand dry eye treatment devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Thailand dry eye treatment devices market size, by technology, 2018-2030 (US$M)
Thailand Dry Eye Treatment Devices Market Outlook Share, 2023 & 2030 (US$M)
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