Home > Healthcare IT > Dry Eye Syndrome Market Outlook, Share Forecast to 2031 | Straits Research
Straits Research

Dry Eye Syndrome Market

Dry Eye Syndrome Market: Information by Type (Evaporative Dry Eye Syndrome and Aqueous Dry Eye Syndrome), Treatment Type, and Region-Forecast till 2031

Table of Content Download Sample

Market Overview

The global dry eye syndrome was valued around USD 2,200 million in 2017 and is expected to register CAGR of 5.2% in the forecast period.

Increasing frequency of dry eye syndrome among the population and growing number of life style disease are some of the factors driving the global dry eye syndrome market. LASIK is becoming highly normal now days and individuals undergoing LASIK surgery will suffer from the dry eye syndrome within the first six months of their treatment. Therefore, it is considered as one of the major driving factors for the growth of the market. Moreover, some of the other factors fueling the growth of the market includes rising the number of research and development and government initiatives. Additionally, another important factor boosting the growth of the market is the launch of new product in the market. Candorvision introduced the CALMO eye spray, which is one of the first eye spray free of preservatives in Canada.

Market Snapshot

market snapshot
Base Year
: 2022
Study Period
: 2021-2031
CAGR
: 5.2 %
Fastest Growing Market
: Europe
Largest Market
: North America
Market Size
: USD 2,200 million in 2017
Get more information on this report Download Sample Report

Segmental Analysis

The global market of dry eye syndrome is segmented by type and treatment type.

On the basis of type the market is segmented into evaporative dry eye syndrome and aqueous dry eye syndrome. Evaporative eye syndrome is expected to lead dry eye syndrome market. Evaporative eye syndrome is an uncomfortable condition caused by a lack of quality tears.

Based on the treatment type, the market is segmented into nutritional supplements, serum eye drops, lubricant eye drops, and anti-inflammatory drugs.

Regional Analysis

Based on the geography, the market is split into four regions such as North America, Europe, Asia Pacific (APAC), and Latin America, Middle East & Africa (LAMEA).

North America is expected to dominate the global dry eye syndrome market owing to increasing prevalence of dry eye syndrome in the U. S.  Furthermore, development of dry eye syndrome drugs and increasing number of approvals for new drugs and devices in the U.S. is driving the growth of the dry eye syndrome market. According to the American Journal of ophthalmology, around 6.8% of the U.S. adult population was projected to have diagnosed dry eye syndrome disease. Prevalence raised with the age of 18-34 years that is 2.7% and was higher in women (8.8%) then in men (4.5%).

Europe is expected to be second dominating region owing to increasing technological developments, government support, and various reimbursement policies.  However, adoption of contact lens is supporting the growth of the market. Furthermore, growing environmental pollution leading to allergy and dry eyes. Increasing incidences of vitamin A deficiency causing different eye diseases is supporting the growth of the market.

Asia Pacific is expected to grow at the significant rate due to the increasing number of patients with dry eye disease. Moreover, there is growing per capita healthcare expenditure and rising investment of key players in this market are some of the other factors boosting the market in APAC. In India increasing the prevalence of dry eye syndrome in women owing to hormonal changes during pregnancy and after menopause is propelling growth of the dry eye syndrome market.

LAMEA is exhibiting steady growth for the market due to less advanced technology. On the other hand, the Middle East & Africa holds the least share in the market due to the poor healthcare infrastructure, limited availability of funds, low spending power in Africa region. However, the region is expecting a sound growth due to many untapped opportunities in this region.

Dry Eye Syndrome Market Regional Analysis
Regional Growth Insights Download Free Sample

Top Key Players of Dry Eye Syndrome Market

  1. Allergan
  2. Alcon
  3. Santen Pharmaceutical Co. Ltd.
  4. Shire/SAR code Bioscience
  5. Otsuka Holdings
  6. Can-Fite Biopharma
  7. Novartis
  8. Eyegate Pharma.

Report Scope

Report Metric Details
CAGR 5.2%
Forecast Period 2023-2031
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends
Segments Covered
  1. By Type
    1. Evaporative Dry eye syndrome
    2. Aqueous Dry eye syndrome
  2. By Treatment Type:
    1. Nutritional Supplements
    2. Serum Eye Drops
    3. Lubricant Eye Drops
      1. Oily Tear Eye Drops
      2. Ointments
      3. Preservative-Free drops
    4. Anti-inflammatory drugs Segments
      1. Tetracyclines
      2. Corticosteroids
Geographies Covered
  • North America
  • Europe
  • APAC
  • Middle East and Africa
  • LATAM

Recent Developments

  • In May 2018, Teva Canada Limited launched Teva-Cyclosporine ophthalmic emulsion. First generic version of Restasis (cyclosporine) in Canada.
  • In April 2018, Allergan launched TrueTear. Temporarily rise tear production during neurostimulation in adult dry eye syndrome patients.
  • In November 2017, Santen Pharmaceutical Co. Ltd. received the import drug license for Diquas Ophthalmic Solution for the treatment of dry eye syndrome in China.

Dry Eye Syndrome Market Segmentation

By Type

  • Evaporative Dry eye syndrome
  • Aqueous Dry eye syndrome

By Treatment Type

  • Nutritional Supplements
  • Serum Eye Drops
  • Lubricant Eye Drops
    • Oily Tear Eye Drops
    • Ointments
    • Preservative-Free drops
  • Anti-inflammatory drugs Segments
    • Tetracyclines
    • Corticosteroids

By Regions

  • North America
  • Europe
  • Asia-Pacific
  • LAMEA

Frequently Asked Questions (FAQs)

What is the growth rate for the Dry Eye Syndrome Market?
Dry Eye Syndrome Market size will grow at approx. CAGR of 5.2% during the forecast period.
Some of the top industry players in Dry Eye Syndrome Market are, Allergan, Alcon, Santen Pharmaceutical Co. Ltd., Shire/SAR code Bioscience, Otsuka Holdings, Can-Fite Biopharma, Novartis, Eyegate Pharma., etc.
North America has been dominating the Dry Eye Syndrome Market, accounting for the largest share of the market.
The Europe region has experienced the highest growth rate in the Dry Eye Syndrome Market.
The global Dry Eye Syndrome Market report is segmented as follows: By Type, By Treatment Type
Price Starts From
USD 995

Purchase Benefits

  • Eligible for a free updated report next year
  • Completely customizable scope
  • 30% discount on your next purchase
  • Dedicated account manager
  • Query resolution within 24 hours
  • Permission to print the report
Want to learn more about recent trends and data ?
They Already Trust Us :
Veto-Pharma
Nippon Becton Dickinson
Merck
Argon Medical Devices
Abbott
Johnson & Johnson
Need Assistance?
+1 646 905 0080 (U.S.)
+44 203 695 0070 (U.K.)
sales@straitsresearch.com

Report Benefits

  • Develop business strategies by understanding the trends shaping and driving the Market.
  • Drive revenues by understanding the key trends, innovative products and technologies, market segments, and companies likely to impact the MarketĀ in the future.
  • Formulate effective sales and marketing strategies by understanding the competitive landscape and by analysing the company share of market leaders.
  • Identify emerging players with potentially strong product portfolios and create effective counter-strategies to gain a competitive advantage.
  • Track sales in the global and country-specific Market.
  • Organize your sales and marketing efforts by identifying the market categories and segments that present maximum opportunities for consolidations, investments and strategic partnerships.
Report Snapshot
Looking For Custom Report ?
Check Our License Options :

As featured on :

clients
Trusted by Fortune 500
Over 30000+ subscribers