North America Dry Eye Syndrome Treatment Market Size & Outlook

The dry eye syndrome treatment market in North America is expected to reach a projected revenue of US$ 4,174.0 million by 2030. A compound annual growth rate of 7.6% is expected of North America dry eye syndrome treatment market from 2023 to 2030.
Revenue, 2022 (US$M)
$2,324.4
Forecast, 2030 (US$M)
$4,174.0
CAGR, 2023 - 2030
7.6%
Report Coverage
North America

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

North

North America dry eye syndrome treatment market highlights

  • The North America dry eye syndrome treatment market generated a revenue of USD 2,324.4 million in 2022.
  • The market is expected to grow at a CAGR of 7.6% 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, Canada is expected to register the highest CAGR from 2023 to 2030.


North America data book summary

Market revenue in 2022USD 2,324.4 million
Market revenue in 2030USD 4,174.0 million
Growth rate7.6% (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, North America region accounted for 42.0% 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

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North America 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 82.49% in 2022. Horizon Databook has segmented the North America 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.


North America held the largest share of 42.01% of dry eye syndrome treatment market in 2022 owing to factors such as the rising prevalence of eye diseases and favorable government initiatives in the region. North America is a developed region with high healthcare expenditure. The local presence of regulatory entities in North American countries is expected to boost the development of dry eye treatment drugs in the near future.

This is mainly because these entities play a pivotal role in creating awareness among people about the potential of dry eye treatment therapies in disease management. Moreover, the high prevalence and increasing eye treatment procedures aid expansion in North America. High healthcare costs are among the primary factors driving market growth and boosting the demand for fast-acting and high-efficacy drugs.

A growing emphasis on personalized medicine, increasing collaborations & externalizations with academic research institutes, and rapid adoption of healthcare IT are some of the other factors anticipated to further propel the market growth in the region. Furthermore, increasing awareness about high-potency drugs, rising demand for dry eye treatment therapeutics, and a growing number of biotechnology companies are contributing to the region’s leading market share.

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

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

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

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

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