Dry Eye Disease Diagnostic Devices Market Growth Analysis till 2031

U.S. Dry Eye Disease Diagnostic Devices Market Outlook 2031

The U.S. dry eye disease diagnostic devices market was valued at US$ 58.3 Bn in 2020
It is estimated to expand at a CAGR of 4.4% from 2021 to 2031

The U.S. dry eye disease diagnostic devices market is expected to reach the value of US$ 99.4 Bn by the end of 2031

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.

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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.

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 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.

Corneal Topographers Help Assess Preoperative Conditions of Refractive Surgery Candidates

Apart from meibography and AS-OCT devices, eye doctors are opting for corneal topography, which is a computer assisted examination of the cornea. This examination is performed by projecting illuminated rings into the corneal surface and in turn, it comes back to be measured by the instrument.

It has been found that dry eye can affect corneal topography, which may increase HOAs (high-order aberrations) such as itching, burning sensations, and related visual symptoms. Hence, companies in the U.S. dry eye disease diagnostic devices market are increasing the availability of corneal topographers that are playing an instrumental role in preoperative conditions of refractive surgery candidates.

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 Ocular Surface Thermographers Emerging as Alternative to IR Thermographers

Ocular surface thermographers hold promising potentials to provide valuable insight into the status of the ocular surface. Advancements in the thermographic technology have increased the accuracy of ocular surface thermography measurements, and the technology is being increasingly applied to individuals with and without ocular surface diseases.

New ocular surface thermographers are emerging as an alternative to older infrared (IR) thermographers, since the former allows greater precision for measuring ocular surface thermography in real-time.

U.S. Dry Eye Disease Diagnostic Devices Market: Overview

According to Transparency Market Research's latest research report on the dry eye disease diagnostic devices market in the U.S. for the historical period 2017-2019, considering 2020 as the base year, and the forecast period from 2021 to 2031, the dry eye disease diagnostic devices market in the U.S. was valued at US$ 58.3 Mn in 2020 and is projected to expand at a CAGR of 4.4% from 2021 to 2031
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

In the U.S., dry eye disease is considered a critical and significant public health issue. An article published in the American Journal of Ophthalmology stated that overall estimated prevalence of dry eye disease was 5.28% in the U.S. between 2003 and 2015.

It also indicated that the prevalence and incidence vary from 5% to 50%, and the prevalence is rising due to higher incidence of some risk factors and gradual increase, especially in the geriatric population. Hence, rise in prevalence of dry eye disease is expected to drive the market.

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Surge in the geriatric population increases the risk of dry eye diseases. This, in turn, is likely to augment the dry eye disease diagnostic devices market in the U.S.

According to the American Journal of Ophthalmology, in the U.S., prevalence of dry eye disease increased with age from 0.20% for ages two to 17 years to 11.66% for individuals aged over 50 years. The geriatric population represented 16% of the population of the U.S. The number of elderly people in the country has increased by 14.4 million, or 36%, since 2009 compared to a rise of 3% for the under-65 population.

Therefore, surge in the geriatric population and rise in prevalence & incidence rates of dry eye disease in the U.S. are projected to drive the dry eye disease diagnostic devices market

Technical Advancements in Dry Eye Disease Diagnostic Devices: Major Driver

Dry eye is one of the most common problems faced by ophthalmologists. Its multiple causes have made it a challenge to diagnose. Companies focus on addressing this challenge and find a diagnostic method, thereby creating a more precise device for it.

Technological advancements enable ophthalmologists to provide fast, accurate, smooth diagnosis with enhanced efficiency. Hence, technological advancements is a significant driver of the dry eye disease diagnostic devices market in the U.S.

Innovative technology and unique usability of dry eye diagnostic devices create a new standard for dry eye analysis

These factors are anticipated to propel the dry eye disease diagnostic devices market in the U.S. during the forecast period

U.S. Dry Eye Disease Diagnostic Devices Market: Market Segmentation

In terms of device type, the dry eye disease diagnostic devices market in the U.S. has been classified into anterior segment OCT (AS-OCT), meibography device, corneal topographer, osmolarity testing device, ocular surface thermographer, interferometer, fluorophotometer, and others.

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Based on disease, the dry eye disease diagnostic devices market in the U.S. has been bifurcated into evaporative dry eye syndrome and aqueous dry eye syndrome
In terms of end-user, the dry eye disease diagnostic devices market in the U.S. has been divided into hospitals, diagnostic centers, ophthalmology centers/clinic, and others
Each of the segments has been analyzed in detail for market trends, recent trends, and developments, drivers, restraints, opportunities, and useful insights. The dry eye disease diagnostic devices market report provides current and expected revenue (US$ Mn) for each of these segments from 2021 to 2031, considering 2020 as the base year. The compound annual growth rate (% CAGR) has been provided for each segment and market from 2021 to 2031 along with market size estimations.

Major Players

The dry eye disease diagnostic devices market report concludes with the company profiles section, which includes key information about major players in the dry eye disease diagnostic devices market in the U.S.
Leading players analyzed in the report include
Johnson & Johnson Services, Inc.
OCULUS Optikgeräte GmbH
Carl Zeiss Meditec AG
TearLab Corporation
Optovue, Inc.
AXIM Biotechnologies
Topcon Corporation
Quantel Medical
Essilor Instruments
I-MED Pharma, Inc.
Box Medical Solutions Inc.
NIDEK CO., LTD.

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