The Dry Eye Syndrome Treatment Market To Re-Invent The Growth Curve With A CAGR Of 7% - PowerPoint PPT Presentation

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The Dry Eye Syndrome Treatment Market To Re-Invent The Growth Curve With A CAGR Of 7%


The global dry eye syndrome treatment market is estimated to be valued at over US$ 4.2 Bn in 2020, and is expected to exhibit an impressive CAGR of 7% over the forecast period (2020-2030). – PowerPoint PPT presentation

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Title: The Dry Eye Syndrome Treatment Market To Re-Invent The Growth Curve With A CAGR Of 7%

Dry Eye Syndrome Treatment Market
Report Id PMRREP32300 Category Life Science
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How Persistent Would Be The Dry Eye Syndrome
Treatment Market In The Upcoming Decade?
  • Dry eye syndrome results in irritated and burning
    eyes due to lack of tear production and
    moisturization. Meibomian Gland Dysfunction has
    more prevalence among the geriatric population.
    The market consists of several products used in
    therapeutics, such as cyclosporine, topical
    corticosteroids, punctal plugs, omega
    supplements, and the especially popular
    artificial tears. Fast approval and launch of
    products used for dry eye treatment is expected
    to drive market growth in future.
  • Several key market players are focused on
    collaborative product development, innovation,
    and expansion of product portfolio. For instance,
    in October 2020, Santen Pharmaceutical and Orbis
    International announced their long-term
    collaboration for ten years to contribute toward
    the increasing burden of eye diseases in low- and
    middle-income countries.
  • Rapidly increasing number of eye care centers due
    to rising focus on primary eye care is expected
    to propel dry eye syndrome treatment market
    growth. Increasing number of LASIK surgeries,
    which is one of the major causes leading to dry
    eyes, is estimated to further drive market growth
    over the coming years.

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Key Takeaways from Market Study
  • The artificial tears segment, by product, is
    estimated to generate the highest revenue share
    over the coming years, estimated to be valued at
    US 5 Bn by 2030, at an expected CAGR of over 7.
  • COVID-19 has had a negative impact on the dry eye
    syndrome treatment market due to large-scale
    closures of manufacturing units and disruption in
    supply chain activities. Decreased hospital
    visits and focus on the pandemic further hurt
    market growth in 2020. However, long-term
    prospects look bright through 2030.
  • Among the prescriptions, Rx is expected to
    dominate the market with more than 70 revenue
    share, with increasing number of eye care centers
    and rising treatment adoption rate for dry eyes.
  • Among all distribution channels, retail
    pharmacies is the leading segment, followed by
    hospital pharmacies. Retail pharmacies are
    anticipated to grow at a CAGR of around 7 over
    the forecast period, owing to rise in the number
    of retail pharmacies and improving supply chain
  • North America and Europe are leading regions in
    the global dry eye syndrome treatment market,
    with a revenue share of around 70.
  • The market in the U.S. and Germany is projected
    to expand at a CAGR of around 7 through 2030.
  • The market in Japan is slated to progress at a
    steady CAGR of over 6 over the next ten years.
  • Rising diagnosis and treatment adoption has led
    to increasing product innovation and development,
    contributing to market. Developing and
    under-developed countries with high prevalence of
    dry eye syndrome and lower product adoption will
    create several opportunities for leading market
    players, says a Persistence Market Research

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