According to Nova one advisor, the Dry Eye Disease Diagnostic Devices Market Size was valued at USD 60.3 billion in 2022 and is predicted to be worth USD 101.4 billion by 2032, with a CAGR of 6.4% from 2023 to 2032. Rise in prevalence and incidence rates of dry eye disease in the U.S., technical advancements in dry eye disease diagnostic devices, adverse effects of rising pollution levels, and increase in use of electronics are anticipated to propel the market during the forecast period.
Rise in Prevalence and Incidence Rates of Dry Eye Disease in U.S: Key Drivers
Report Scope of the Dry Eye Disease Diagnostic Devices Market
Report Coverage |
Details |
Market Size in 2023 |
USD 62.9 Billion |
Market Size by 2032 |
USD 101.4 Billion |
Growth Rate from 2023 to 2032 |
CAGR of 6.4% |
Base Year |
2022 |
Forecast Period |
2023 to 2032 |
Segments Covered |
…and Geography |
Technical Advancements in Dry Eye Disease Diagnostic Devices: Major Driver
U.S. Dry Eye Disease Diagnostic Devices Market: Market Segmentation
Meibography Devices Ensure Thorough Eye Examination with HD Definition Imaging Technology
Meibography is revolutionizing the U.S. dry eye disease diagnostic devices market. The high prevalence of meibomian gland dysfunction (MGD) among individuals is translating into value-grab opportunities for market stakeholders. As such, meibography is gaining popularity as a non-invasive screening tool for MGD and enables ophthalmologists to provide effective treatment to relieve dry eye symptoms.
Companies in the U.S. dry eye disease diagnostic devices market are increasing the availability of meibography devices to ensure a thorough clinical examination of the eyes with the help of high definition (HD) imaging technology. Eye doctors are using meibography devices to view the health of meibomian glands with optimum accuracy.
Prolonged Exposure to VDTs Increases Risk of DED amid Coronavirus Pandemic
The prolonged use of video display terminals (VDTs) has increased the risk of ocular surface disorders such as the dry eye disease (DED) amid the ongoing coronavirus pandemic. Stakeholders in the U.S. dry eye disease diagnostic devices market are gaining cognizance about these findings and increasing the availability of tools.
Even as DED is among the most common eye diseases in the U.S., the pandemic poses risks for DED patients. Nevertheless, participants in the U.S. dry eye disease diagnostic devices market are increasingly focusing on telehealth services and eHealth to stay future-ready in the healthcare landscape. Healthcare providers and med-tech companies are reinventing their care services and product distribution, respectively. The abusive use of mobile phones and TVs, owing to work-from-home settings may lead to poor quality of blinking, thus increasing the risk of DED.
Tests and Devices with Deep Learning Models Hold Potentials to Improve Patient Outcomes
Accurately diagnosing and managing DED is potentially challenging. It has been found that there is a lack of gold standard test for DED diagnosis. Hence, apart from increasing research in anterior segment optical coherence tomography (AS-OCT), med-tech companies are innovating in devices with high sensitivity, specificity, and accuracy for autonomously distinguishing DED from healthy patients.
Companies in the U.S. dry eye disease diagnostic devices market are developing deep learning models that use an end-to-end black box, which help to improve patient outcomes. The algorithm in this model helps to highlight the patterns of tear film-corneal epithelium during the occlusion, which indicates its efficacy for differentiating AS-OCT images.
Some of the prominent players in the Dry Eye Disease Diagnostic Devices Market include:
Segments Covered in the Report
This report forecasts revenue growth and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2032. For this study, Nova one advisor, Inc. has segmented the Dry Eye Disease Diagnostic Devices market.
Chapter 1. Introduction
1.1. Market Definition and Scope
1.2. Market Segmentation
1.3. Key Research Objectives
1.4. Research Highlights
2. Assumptions and Research Methodology
3. Executive Summary: U.S. Dry Eye Disease Diagnostic Devices Market
4. Market Overview
4.1. Introduction
4.1.1. Definition
4.2. Overview
4.3. Market Dynamics
4.3.1. Drivers
4.3.2. Restraints
4.3.3. Opportunities
4.4. U.S. Dry Eye Disease Diagnostic Devices Market Analysis and Forecast, 2018–2032
4.4.1. Market Revenue Projections (US$ Mn)
5. Key Insights
5.1. Number of facilities for end-user types
5.2. Technological Advancements
5.3. Epidemiology of Dry Eye Disease in the U.S.
5.4. Pricing Analysis
5.5. Key Mergers & Acquisitions
5.6. COVID-19 Pandemic Impact on Industry (value chain and short / mid / long term impact)
6. U.S. Dry Eye Disease Diagnostic Devices Market Analysis and Forecast, by Device Type
6.1. Introduction & Definition
6.2. Key Findings / Developments
6.3. Market Value Forecast, by Device Type, 2018–2032
6.3.1. Anterior Segment OCT (AS-OCT)
6.3.2. Ocular Surface Thermographer
6.3.3. Corneal Topographer
6.3.4. Osmolarity Testing Device
6.3.5. Fluorophotometer
6.3.6. Interferometer
6.3.7. Meibography Device
6.3.8. Others
6.4. Market Attractiveness Analysis, by Device Type
7. U.S. Dry Eye Disease Diagnostic Devices Market Analysis and Forecast, by Disease
7.1. Introduction & Definition
7.2. Key Findings / Developments
7.3. Market Value Forecast, by Disease, 2018–2032
7.3.1. Evaporative Dry Eye Syndrome
7.3.2. Aqueous Dry Eye Syndrome
7.4. Market Attractiveness Analysis, by Disease
8. U.S. Dry Eye Disease Diagnostic Devices Market Analysis and Forecast, by End-user
8.1. Introduction & Definition
8.2. Key Findings / Developments
8.3. Market Value Forecast, by Materials by End-user, 2018–2032
8.3.1. Hospitals
8.3.2. Diagnostic Centers
8.3.3. Ophthalmology Centers/Clinic
8.3.4. Others
8.4. Market Attractiveness Analysis, by End-user
9. Competition Landscape
9.1. Company Profiles
9.1.1. Johnson & Johnson Services, Inc.
9.1.1.1. Company Overview
9.1.1.2. Product Portfolio
9.1.1.3. SWOT Analysis
9.1.1.4. Strategic Overview
9.1.2. OCULUS Optikgeräte GmbH
9.1.2.1. Company Overview
9.1.2.2. Product Portfolio
9.1.2.3. SWOT Analysis
9.1.2.4. Strategic Overview
9.1.3. Carl Zeiss Meditec AG
9.1.3.1. Company Overview
9.1.3.2. Product Portfolio
9.1.3.3. SWOT Analysis
9.1.3.4. Strategic Overview
9.1.4. TearLab Corporation
9.1.4.1. Company Overview
9.1.4.2. Product Portfolio
9.1.4.3. SWOT Analysis
9.1.4.4. Strategic Overview
9.1.5. Optovue, Inc.
9.1.5.1. Company Overview
9.1.5.2. Product Portfolio
9.1.5.3. SWOT Analysis
9.1.5.4. Strategic Overview
9.1.6. AXIM Biotechnologies
9.1.6.1. Company Overview
9.1.6.2. Product Portfolio
9.1.6.3. SWOT Analysis
9.1.6.4. Strategic Overview
9.1.7. Topcon Corporation
9.1.7.1. Company Overview
9.1.7.2. Product Portfolio
9.1.7.3. SWOT Analysis
9.1.7.4. Strategic Overview
9.1.8. Quantel Medical
9.1.8.1. Company Overview
9.1.8.2. Product Portfolio
9.1.8.3. SWOT Analysis
9.1.8.4. Strategic Overview
9.1.9. Essilor Instruments
9.1.9.1. Company Overview
9.1.9.2. Product Portfolio
9.1.9.3. SWOT Analysis
9.1.9.4. Strategic Overview
9.1.10. I-MED Pharma inc.
9.1.10.1. Company Overview
9.1.10.2. Product Portfolio
9.1.10.3. SWOT Analysis
9.1.10.4. Strategic Overview
9.1.11. Box Medical Solutions Inc.
9.1.11.1. Company Overview
9.1.11.2. Product Portfolio
9.1.11.3. SWOT Analysis
9.1.11.4. Strategic Overview
9.1.12. NIDEK CO., LTD.
9.1.12.1. Company Overview
9.1.12.2. Product Portfolio
9.1.12.3. SWOT Analysis
9.1.12.4. Strategic Overview