Germany Dry Eye Treatment Devices Market Size & Outlook
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Germany dry eye treatment devices market highlights
- The Germany dry eye treatment devices market generated a revenue of USD 18.2 million in 2023 and is expected to reach USD 30.9 million by 2030.
- The Germany 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 18.2 million |
| Market revenue in 2030 | USD 30.9 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, Germany accounted for 5.7% 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 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 |
|---|---|---|---|---|
| ESW vision | View profile | 11-50 | Houdan, Centre, France, Europe | https://www.esw-vision.com/ |
| MiBo Medical Group | View profile | 11-50 | Dallas, Texas, United States, North America | http://mibomedicalgroup.com |
| Sight Sciences Inc | View profile | 214 | 4040 Campbell Avenue, Suite 100, Menlo Park, CA, United States, 94025 | https://www.sightsciences.com |
| Lumenis | View profile | 1001-5000 | Jerusalem, Yerushalayim, Israel, Asia | http://lumenis.com |
| Alcon Inc | View profile | 25315 | Chemin de Blandonnet 8, Royce Bedward, Vernier, Geneva, Switzerland, 1214 | https://www.alcon.com |
| Johnson & Johnson | View profile | 134400 | One Johnson and Johnson Plaza, New Brunswick, NJ, United States, 08933 | https://www.jnj.com |
Germany 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 41.21% in 2023. Horizon Databook has segmented the Germany 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.
According to the World Report on Vision, the epidemiological prevalence of dry eye syndrome ranges from 8% to 30% in the population aged 40 years and above in several countries. Aging is one of the major risk factors for DED. According to the World Bank Data, in 2019, the total population of Germany aged 65 years and above was 21.5% and is anticipated to rise further during the forecast period.
In addition, Germany witnessed the highest number of specialist visits for DED treatment in Europe. This signifies high awareness about the importance and benefits of treating DED among the German population. Therefore, increasing ophthalmologist visits and growing awareness about DED treatments are expected to propel the dry eye devices market in Germany.
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany dry eye treatment devices market , including forecasts for subscribers. This country databook contains high-level insights into Germany dry eye treatment devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany dry eye treatment devices market size, by technology, 2018-2030 (US$M)
Germany Dry Eye Treatment Devices Market Outlook Share, 2023 & 2030 (US$M)
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