Europe Dry Eye Syndrome Treatment Market Size & Outlook

The dry eye syndrome treatment market in Europe is expected to reach a projected revenue of US$ 2,974.8 million by 2030. A compound annual growth rate of 7.2% is expected of Europe dry eye syndrome treatment market from 2023 to 2030.
Revenue, 2022 (US$M)
$1,700.7
Forecast, 2030 (US$M)
$2,974.8
CAGR, 2023 - 2030
7.2%
Report Coverage
Europe

Europe dry eye syndrome treatment market, 2018-2030 (US$M)

Europe

Europe dry eye syndrome treatment market highlights

  • The Europe dry eye syndrome treatment market generated a revenue of USD 1,700.7 million in 2022.
  • The market is expected to grow at a CAGR of 7.2% from 2023 to 2030.
  • In terms of segment, evaporative dry eye syndrome was the largest revenue generating type in 2022.
  • Evaporative Dry Eye Syndrome is the most lucrative type segment registering the fastest growth during the forecast period.
  • Country-wise, UK is expected to register the highest CAGR from 2023 to 2030.


Europe data book summary

Market revenue in 2022USD 1,700.7 million
Market revenue in 2030USD 2,974.8 million
Growth rate7.2% (CAGR from 2022 to 2030)
Largest segmentEvaporative dry eye syndrome
Fastest growing segmentEvaporative Dry Eye Syndrome
Historical data covered2018 - 2021
Base year for estimation2022
Forecast period covered2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationEvaporative Dry Eye Syndrome, Aqueous Deficient Dry Eye Syndrome
Key market players worldwideNovartis AG ADR, AbbVie Inc, Sun Pharmaceutical Industries, Santen Pharmaceutical Co Ltd, Johnson & Johnson, Otsuka Pharmaceutical, OASIS Medical, Bausch & Lomb Corp, AFT Pharmaceuticals, Oyster Point Pharmaceuticals


Other key industry trends

  • In terms of revenue, Europe region accounted for 30.7% of the global dry eye syndrome treatment market in 2022.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 1,715.8 million by 2030.

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Dry Eye Syndrome Treatment Market Companies

Name Profile # Employees HQ Website

Europe dry eye syndrome treatment market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to dry eye syndrome treatment market will help companies and investors design strategic landscapes.


Evaporative dry eye syndrome was the largest segment with a revenue share of 82.63% in 2022. Horizon Databook has segmented the Europe dry eye syndrome treatment market based on evaporative dry eye syndrome, aqueous deficient dry eye syndrome covering the revenue growth of each sub-segment from 2018 to 2030.


The growth of the market in the region can be attributed to an increase in research funding and the local presence of key market players in this region. The number of biopharmaceutical companies is growing in Europe, owing to increasing investments. For instance, in 2021, EIT Health, an EU-funded program initiated to improve health, chose two innovation teams to get additional support over the next 2 years: Perivision from Switzerland and INVENTION from Sweden.

The teams have received up to USD 1.70 million (EUR 1.5 million) in investment to provide novel, effective, and safe technology to Europeans with debilitating eye and visual disorders in the region. Moreover, the population in Europe is rapidly aging. According to the UN, people aged over 65 constitute 19% of the population, which accounts for about 183 million. This population is at a relatively high risk of dry eye diseases.

According to the European Ophthalmic Review, the prevalence of dry eye disease in Europe ranges from 7% to 22%. With a rapidly aging population and people becoming increasingly reliant on multiscreen devices, the burden of dry eye disease is anticipated to increase in the future. It is a chronic condition that can interfere with daily activities and lead to contact lens intolerance, may also have a negative impact on refractive surgery outcomes, and be linked to post-ocular surgery problems.

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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe dry eye syndrome treatment market , including forecasts for subscribers. This continent databook contains high-level insights into Europe dry eye syndrome treatment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Europe dry eye syndrome treatment market size, by country, 2018-2030 (US$M)

Europe Dry Eye Syndrome Treatment Market Outlook Share, 2022 & 2030 (US$M)

Europe dry eye syndrome treatment market size, by country, 2018-2030 (US$M)

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