Dry Eye Treatment Devices Market to Grow with a CAGR of 8.25% through 2029
Rising
aging population and increased screen time are factors driving the Global Dry
Eye Treatment Devices Market in the forecast period 2025-2029
According
to TechSci Research report, “Dry Eye Treatment Devices Market – Global
Industry Size, Share, Trends, Competition Forecast & Opportunities,
2029”, the Global Dry Eye Treatment Devices Market stood at USD 282.14
million in 2023 and is anticipated to grow with a CAGR of 8.25% in the forecast
period, 2025-2029. The global market for
dry eye treatment devices is undergoing substantial expansion, influenced by
several factors that have redefined the landscape of eye care and
ophthalmology. Dry eye syndrome, also referred to as keratoconjunctivitis
sicca, presents a prevalent ocular condition characterized by inadequate
lubrication and moisture on the eye's surface. With the global populace aging
and digital device usage proliferating, the incidence of dry eye is escalating.
A key catalyst behind the market's growth is the aging demographic worldwide.
Elderly individuals are particularly susceptible to dry eye syndrome, often
experiencing hormonal shifts and diminished tear production. As the average age
of the global populace rises, the demand for dry eye treatments and devices is
projected to surge significantly, propelling market expansion.
Browse over XX market data Figures spread
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Eye Treatment Devices Market”
The widespread integration of
digital devices into our daily routines has resulted in a notable uptick in
screen time. Prolonged usage of computers, smartphones, and similar digital
displays can induce digital eye strain, contributing to symptoms of dry eye.
With individuals spending increased durations in front of screens, the
prevalence of dry eye is anticipated to escalate, thereby elevating the demand
for dry eye treatment devices. Moreover, environmental factors such as
pollution, allergies, and climate fluctuations can exacerbate dry eye symptoms.
Global urbanization and industrialization have heightened exposure to air
pollution and allergens, while climate shifts have altered humidity levels,
impacting tear film stability. These environmental influences contribute to the
growing prevalence of dry eye and propel the demand for treatment devices.
Concurrently, advancements in technology have spurred the development of
innovative dry eye treatment devices. Cutting-edge devices, including thermal
pulsation systems, intense pulsed light therapy, and advanced lubricating eye
drops, have enhanced the efficiency and efficacy of dry eye treatment. These
innovations appeal to both patients and healthcare providers, further
bolstering the market for dry eye treatment devices.
The Global Dry Eye Treatment Devices Market is segmented
into technology, end use and company
Based on end use,
the hospital & clinics segment has emerged as the predominant market
leader. Hospitals and clinics frequently adopt a multidisciplinary strategy for
addressing dry eye conditions. This approach entails close collaboration among
ophthalmologists, optometrists, and other specialized professionals to deliver
tailored and efficacious treatments to patients. Numerous healthcare facilities
actively engage in research and development initiatives aimed at advancing dry
eye treatment methodologies. They actively participate in clinical trials,
evaluate the efficacy of novel devices and therapies, and contribute to the
creation of innovative treatment modalities.
Based
on region, North America dominated the Global Dry Eye Treatment Devices market. North
America features a robust and readily accessible healthcare infrastructure.
Patients benefit from convenient access to eye care specialists who diagnose
and recommend suitable dry eye treatment devices. This abundance of healthcare
resources significantly fuels the widespread adoption of such devices.
Meanwhile, the Asia Pacific region witnesses rapid market expansion. Numerous
companies in this region forge strategic alliances with healthcare
institutions, streamlining the distribution and uptake of dry eye treatment
devices.
Major companies operating in Global Dry Eye Treatment
Devices Market are:
·
MiBo Medical Group
·
Sight Sciences
·
Lumenis
·
ESW Vision
·
Johnson & Johnson Vision Care
·
Alcon, Inc
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“The
global market for dry eye treatment devices is witnessing strong growth,
propelled by various demographic, lifestyle, environmental, technological, and
awareness-related factors. As the global population ages, screen usage rises,
and environmental conditions evolve, the demand for dry eye treatment devices
is anticipated to increase. Moreover, ongoing technological innovations,
educational initiatives, and escalating healthcare spending contribute
significantly to market expansion. With these driving forces at play, the
global dry eye treatment devices market is poised to assume a progressively
crucial role in the ophthalmic healthcare sector” said Mr. Karan Chechi,
Research Director, TechSci Research, a research-based management consulting
firm.
“Dry
Eye Treatment Devices Market By Technology (Broadband Light (BBL),
Intense Pulsed Light (IPL), Meibomian Gland Expression (MGX), Combination
(MGX+IPL)), By End use ((Hospitals & Clinics, Ambulatory Care Centers,
Others), By Region, By
Competition Forecast & Opportunities,
2019-2029F”, has
evaluated the future growth potential of Global Dry Eye Treatment Devices
Market and provides statistics & information on market size, structure and
future market growth. The report intends to provide cutting-edge market
intelligence and help decision makers take sound investment decisions. Besides,
the report also identifies and analyzes the emerging trends along with
essential drivers, challenges, and opportunities in Global Dry Eye Treatment
Devices Market.
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