Press release
Dry Eye Disease Market Set to Reach USD 9.6 Billion by 2034
Dry Eye Disease Market
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Key Takeaways
• Market Size (2024): USD 5.4 billion
• Forecast (2034): USD 9.6 billion
• CAGR (2025-2034): 5.8%
• Leading Companies: Alcon, Bausch Health, Novartis AG, Johnson & Johnson Vision, Otsuka Pharmaceutical, Santen Pharmaceutical, Allergan (AbbVie), Sun Pharmaceutical Industries, Viatris Inc., and OCuSOFT.
• Dominant Segments: Artificial tears, anti-inflammatory therapies, and punctal plugs.
Market Story
The Dry Eye Disease (DED) landscape is rapidly transforming as lifestyle changes and technology dependence intensify ocular health challenges. Increased screen exposure, contact lens usage, and environmental pollution are key contributors to the condition's rising prevalence globally. Simultaneously, awareness about ocular health and access to prescription eye care products have improved, driving treatment uptake.
Pharmaceutical giants and emerging biotech firms are developing next-generation formulations that go beyond lubrication, focusing on anti-inflammatory, regenerative, and biologic-based therapies. Moreover, the introduction of preservative-free artificial tears and sustained-release drug delivery systems is redefining the treatment paradigm for chronic dry eye sufferers.
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Market Segmentation
• By Drug Type:
o Artificial Tears
o Anti-inflammatory Drugs (Cyclosporine, Lifitegrast)
o Punctal Plugs
o Secretagogues
o Others
• By Disease Type:
o Evaporative Dry Eye
o Aqueous-Deficient Dry Eye
• By Distribution Channel:
o Hospital Pharmacies
o Retail Pharmacies
o Online Pharmacies
• By Region:
o North America: Dominates the market due to high diagnosis rates and strong presence of branded therapies.
o Europe: Growth driven by increasing geriatric population and reimbursement support.
o Asia Pacific: Fastest growth expected, supported by digitalization and lifestyle-related ocular disorders.
o Latin America & MEA: Gradual adoption aided by expanding access to ophthalmic care.
Recent Developments
• 2025: Alcon launched Systane Hydration PF, a preservative-free formula targeting patients with moderate to severe DED.
• 2024: Bausch + Lomb received FDA clearance for its new MieboTM (perfluorohexyloctane) eye drops for evaporative dry eye management.
• 2023: Novartis partnered with Tarsus Pharmaceuticals to develop an anti-inflammatory ocular therapy for chronic DED.
• 2022: Santen Pharmaceutical introduced Ikervis in emerging markets to expand its European dry eye therapy portfolio.
Expert Quote
"The dry eye disease market is evolving from symptomatic relief to long-term management through advanced biologics and delivery systems. Increased patient education and tele-ophthalmology integration will further enhance diagnosis and adherence," said Irfan Tamboli, Business Development Executive at Exactitude Consultancy.
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Market Drivers
1. Growing Screen Exposure: Rising digital device usage leads to increased eye dryness and irritation worldwide.
2. Aging Population: Elderly demographics contribute significantly to the chronic DED patient pool.
3. Biologic and Prescription Therapy Adoption: Shift from OTC lubricants to prescription anti-inflammatory drugs.
4. Tele-Ophthalmology Expansion: Digital consultations boosting diagnosis and accessibility for patients in remote areas.
Forecast Outlook
By 2034, the dry eye disease market will benefit from growing preference for personalized eye care and AI-assisted diagnostic tools. Pharmaceutical innovation and digital integration will define the next decade of ocular health solutions, enabling better treatment outcomes and patient convenience.
Conclusion
The Dry Eye Disease Market is poised for significant expansion driven by lifestyle changes, technological innovation, and better clinical awareness. With strong R&D investments and product launches, companies like Alcon, Bausch Health, and Novartis are expected to lead this dynamic therapeutic landscape.
This report is also available in the following languages : Japanese (ドライアイ疾患市場), Korean (건조안 질환 시장), Chinese (干眼症市场), French (Marché de la sécheresse oculaire), German (Markt für trockene Augen), and Italian (Mercato della malattia dell'occhio secco), etc.
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About Us
Exactitude Consultancy is a market research & consulting services firm which helps its client to address their most pressing strategic and business challenges. Our market research helps clients to address critical business challenges and also helps make optimized business decisions with our fact-based research insights, market intelligence, and accurate data.
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