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Increasing prevalence of dry eye disease is anticipated to drive the market growth. Dry eye disease is a common condition that affects a significant number of individuals worldwide. For instance, according to the American Academy of Ophthalmology data, in 2022, around 344 million people worldwide were suffering from dry eye disease and is expected to increase among adult population. Dry eye treatment devices aid in symptoms associated with dry eye disease, such as dryness, burning sensation, redness, itching, as well as restore tear functions among prevalent population thereby augmenting the market growth. Geriatric population are at a higher risk of dry eye syndrome as tear production and quality tend to decline with age, driving the demand for dry eye treatment devices.
The widespread use of digital devices, such as smartphones, computers, and tablets, has become an integral part of modern life. Prolonged screen time and decreased blink rate during device use contribute to the development of dry eye symptoms. With the increasing reliance on digital devices across all age groups, the prevalence of dry eye disease is likely to rise, boosting the demand for treatment devices. Additionally, awareness about dry eye disease and its impact on ocular health has been steadily increasing. Individuals are seeking medical attention and diagnosis for their dry eye symptoms, leading to a higher prevalence rate. Improved diagnostic tools and techniques have contributed to better identification and diagnosis of dry eye disease, further driving the demand for treatment devices. The dry eye treatment devices market has witnessed significant advancements in technology, leading to more effective and innovative treatment options.