Dry Eye Syndrome Market Size to Hit US$ 7.5 Billion by 2032 | Grow CAGR by 5%

IMARC Group's report titled "𝗗𝗿𝘆 𝗘𝘆𝗲 𝗦𝘆𝗻𝗱𝗿𝗼𝗺𝗲 𝗠𝗮𝗿𝗸𝗲𝘁 𝗥𝗲𝗽𝗼𝗿𝘁 𝗯𝘆 𝗗𝗶𝘀𝗲𝗮𝘀𝗲 𝗧𝘆𝗽𝗲 (𝗘𝘃𝗮𝗽𝗼𝗿𝗮𝘁𝗶𝘃𝗲 𝗗𝗿𝘆 𝗘𝘆𝗲 𝗦𝘆𝗻𝗱𝗿𝗼𝗺𝗲, 𝗔𝗾𝘂𝗲𝗼𝘂𝘀 𝗗𝗿𝘆 𝗘𝘆𝗲 𝗦𝘆𝗻𝗱𝗿𝗼𝗺𝗲), 𝗗𝗿𝘂𝗴 𝗧𝘆𝗽𝗲 (𝗔𝗻𝘁𝗶-𝗶𝗻𝗳𝗹𝗮𝗺𝗺𝗮𝘁𝗼𝗿𝘆 𝗗𝗿𝘂𝗴𝘀, 𝗟𝘂𝗯𝗿𝗶𝗰𝗮𝗻𝘁 𝗘𝘆𝗲 𝗗𝗿𝗼𝗽𝘀, 𝗔𝘂𝘁𝗼𝗹𝗼𝗴𝗼𝘂𝘀 𝗦𝗲𝗿𝘂𝗺 𝗘𝘆𝗲 𝗗𝗿𝗼𝗽𝘀), 𝗣𝗿𝗼𝗱𝘂𝗰𝘁 (𝗟𝗶𝗾𝘂𝗶𝗱 𝗗𝗿𝗼𝗽𝘀, 𝗚𝗲𝗹, 𝗟𝗶𝗾𝘂𝗶𝗱 𝗪𝗶𝗽𝗲𝘀, 𝗘𝘆𝗲 𝗢𝗶𝗻𝘁𝗺𝗲𝗻𝘁, 𝗮𝗻𝗱 𝗢𝘁𝗵𝗲𝗿𝘀), 𝗗𝗶𝘀𝘁𝗿𝗶𝗯𝘂𝘁𝗶𝗼𝗻 𝗖𝗵𝗮𝗻𝗻𝗲𝗹 (𝗛𝗼𝘀𝗽𝗶𝘁𝗮𝗹 𝗣𝗵𝗮𝗿𝗺𝗮𝗰𝗶𝗲𝘀, 𝗥𝗲𝘁𝗮𝗶𝗹 𝗣𝗵𝗮𝗿𝗺𝗮𝗰𝗶𝗲𝘀, 𝗢𝗻𝗹𝗶𝗻𝗲 𝗣𝗵𝗮𝗿𝗺𝗮𝗰𝗶𝗲𝘀), 𝗮𝗻𝗱 𝗥𝗲𝗴𝗶𝗼𝗻 𝟮𝟬𝟮𝟰-𝟮𝟬𝟯𝟮". The global dry eye syndrome market size reached US$ 4.8 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 7.5 Billion by 2032, exhibiting a growth rate (CAGR) of 5% during 2024-2032.

𝗙𝗼𝗿 𝗮𝗻 𝗶𝗻-𝗱𝗲𝗽𝘁𝗵 𝗮𝗻𝗮𝗹𝘆𝘀𝗶𝘀, 𝘆𝗼𝘂 𝗰𝗮𝗻 𝗿𝗲𝗳𝗲𝗿 𝘀𝗮𝗺𝗽𝗹𝗲 𝗰𝗼𝗽𝘆 𝗼𝗳 𝘁𝗵𝗲 𝗿𝗲𝗽𝗼𝗿𝘁: https://www.imarcgroup.com/dry-eye-syndrome-market/requestsample

𝗙𝗮𝗰𝘁𝗼𝗿𝘀 𝗔𝗳𝗳𝗲𝗰𝘁𝗶𝗻𝗴 𝘁𝗵𝗲 𝗚𝗿𝗼𝘄𝘁𝗵 𝗼𝗳 𝘁𝗵𝗲 𝗗𝗿𝘆 𝗘𝘆𝗲 𝗦𝘆𝗻𝗱𝗿𝗼𝗺𝗲 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆:

● 𝗥𝗶𝘀𝗶𝗻𝗴 𝗚𝗲𝗿𝗶𝗮𝘁𝗿𝗶𝗰 𝗣𝗼𝗽𝘂𝗹𝗮𝘁𝗶𝗼𝗻:

The growing demand for dry eye syndrome solutions among the geriatric population, as they are more prone to eye diseases, is offering a positive market outlook. In addition, as individuals grow older, natural changes occur in the eyes, such as a decrease in tear production and quality. Besides this, individuals are seeking solutions to alleviate the discomfort and vision problems associated with dry eyes. Furthermore, key players are focusing on catering to the unique issues of age-related dry eye disease among the geriatric population.

● 𝗪𝗶𝗱𝗲𝘀𝗽𝗿𝗲𝗮𝗱 𝗔𝗱𝗼𝗽𝘁𝗶𝗼𝗻 𝗼𝗳 𝗗𝗶𝗴𝗶𝘁𝗮𝗹 𝗗𝗲𝘃𝗶𝗰𝗲𝘀:

The rising adoption of digital devices, such as smartphones, tablets, and computers, is supporting the growth of the market. In line with this, prolonged screen time is leading to digital eye strain, a condition characterized by dryness, discomfort, and visual disturbances. This digital eye strain is a major contributor to the increasing prevalence of dry eye syndrome among individuals. Furthermore, the growing demand for eye treatment solutions to alleviate dry eye symptoms among individuals is offering a positive market outlook.  

● 𝗘𝗻𝘃𝗶𝗿𝗼𝗻𝗺𝗲𝗻𝘁𝗮𝗹 𝗙𝗮𝗰𝘁𝗼𝗿𝘀:

The increasing cases of dry eye syndrome due to environmental factors, such as low humidity levels, pollution, and exposure to allergens, are contributing to the market growth. In addition, low humidity levels are common in both indoor and outdoor environments, which can increase tear evaporation and cause dryness and discomfort. Besides this, pollution and airborne allergens can irritate the eyes, worsening dry eye symptoms. Additionally, indoor environments with poor air quality, including exposure to smoke, fumes, and volatile organic compounds (VOCs), can irritate the eyes and contribute to dry eye syndrome.   

𝗟𝗲𝗮𝗱𝗶𝗻𝗴 𝗖𝗼𝗺𝗽𝗮𝗻𝗶𝗲𝘀 𝗢𝗽𝗲𝗿𝗮𝘁𝗶𝗻𝗴 𝗶𝗻 𝘁𝗵𝗲 𝗚𝗹𝗼𝗯𝗮𝗹 𝗗𝗿𝘆 𝗘𝘆𝗲 𝗦𝘆𝗻𝗱𝗿𝗼𝗺𝗲 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆:

● Akorn Operating Company LLC
● Alimera Science
● Allergan plc.
● Auven Therapeutics
● Bausch + Lomb Incorporated
● GlaxoSmithKline plc
● Nicox S.A.
● Novartis AG
● Otsuka Holdings Co., Ltd.
● Santen Pharmaceutical Co., Ltd.

𝗘𝘅𝗽𝗹𝗼𝗿𝗲 𝘁𝗵𝗲 𝗳𝘂𝗹𝗹 𝗿𝗲𝗽𝗼𝗿𝘁 𝘄𝗶𝘁𝗵 𝘁𝗮𝗯𝗹𝗲 𝗼𝗳 𝗰𝗼𝗻𝘁𝗲𝗻𝘁𝘀: https://www.imarcgroup.com/dry-eye-syndrome-market

𝗗𝗿𝘆 𝗘𝘆𝗲 𝗦𝘆𝗻𝗱𝗿𝗼𝗺𝗲 𝗠𝗮𝗿𝗸𝗲𝘁 𝗥𝗲𝗽𝗼𝗿𝘁 𝗦𝗲𝗴𝗺𝗲𝗻𝘁𝗮𝘁𝗶𝗼𝗻:

𝗕𝘆 𝗗𝗶𝘀𝗲𝗮𝘀𝗲 𝗧𝘆𝗽𝗲:

● Evaporative Dry Eye Syndrome 
● Aqueous Dry Eye Syndrome 

Evaporative dry eye syndrome represents the largest segment due to the rising lifestyle-related issues, such as prolonged digital screen usage.  

𝗕𝘆 𝗗𝗿𝘂𝗴 𝗧𝘆𝗽𝗲:

● Anti-inflammatory Drugs
● Lubricant Eye Drops
● Autologous Serum Eye Drops

Anti-inflammatory drugs hold the biggest market share, which can be accredited to the increasing focus on reducing the inflammation on the surface and tear glands of the eye.

𝗕𝘆 𝗣𝗿𝗼𝗱𝘂𝗰𝘁:

● Liquid Drops
● Gel
● Liquid Wipes
● Eye Ointment
● Others

Liquid drops account for the largest market share as they can be quickly and easily administered by patients and provide immediate relief from symptoms.

𝗕𝘆 𝗗𝗶𝘀𝘁𝗿𝗶𝗯𝘂𝘁𝗶𝗼𝗻 𝗖𝗵𝗮𝗻𝗻𝗲𝗹:

● Hospital Pharmacies
● Retail Pharmacies
● Online Pharmacies

Hospital pharmacies exhibit a clear dominance in the market on account of the rising need for specialized care among individuals.                    

𝗥𝗲𝗴𝗶𝗼𝗻𝗮𝗹 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀:

● North America: (United States, Canada)
● Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
● Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
● Latin America: (Brazil, Mexico, Others)
● Middle East and Africa

North America enjoys the leading position in the dry eye syndrome market, which can be attributed to the presence of specialized eye care facilities and experienced professionals.

𝗚𝗹𝗼𝗯𝗮𝗹 𝗗𝗿𝘆 𝗘𝘆𝗲 𝗦𝘆𝗻𝗱𝗿𝗼𝗺𝗲 𝗠𝗮𝗿𝗸𝗲𝘁 𝗧𝗿𝗲𝗻𝗱𝘀:

Advancements in diagnostic tools, such as tear film osmolarity measurement and meibomian gland imaging, improve the accuracy of dry eye syndrome diagnosis. Apart from this, innovations in treatment options, including prescription eye drops and therapeutic devices, are supporting the market growth. Furthermore, the rising prevalence of systemic conditions, such as diabetes, rheumatoid arthritis, and thyroid disorders, is propelling the growth of the market. In line with this, the increasing need for effective dry eye management is impelling the market growth.  

𝗡𝗼𝘁𝗲: 𝗜𝗳 𝘆𝗼𝘂 𝗻𝗲𝗲𝗱 𝘀𝗽𝗲𝗰𝗶𝗳𝗶𝗰 𝗶𝗻𝗳𝗼𝗿𝗺𝗮𝘁𝗶𝗼𝗻 𝘁𝗵𝗮𝘁 𝗶𝘀 𝗻𝗼𝘁 𝗰𝘂𝗿𝗿𝗲𝗻𝘁𝗹𝘆 𝘄𝗶𝘁𝗵𝗶𝗻 𝘁𝗵𝗲 𝘀𝗰𝗼𝗽𝗲 𝗼𝗳 𝘁𝗵𝗲 𝗿𝗲𝗽𝗼𝗿𝘁, 𝘄𝗲 𝘄𝗶𝗹𝗹 𝗽𝗿𝗼𝘃𝗶𝗱𝗲 𝗶𝘁 𝘁𝗼 𝘆𝗼𝘂 𝗮𝘀 𝗮 𝗽𝗮𝗿𝘁 𝗼𝗳 𝘁𝗵𝗲 𝗰𝘂𝘀𝘁𝗼𝗺𝗶𝘇𝗮𝘁𝗶𝗼𝗻.

𝗖𝗼𝗻𝘁𝗮𝗰𝘁 𝗨𝘀:

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This release was published on openPR.