South Korea Dry Eye Syndrome Treatment Market Size & Outlook
South Korea dry eye syndrome treatment market, 2018-2030 (US$M)
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South Korea dry eye syndrome treatment market highlights
- The South Korea dry eye syndrome treatment market generated a revenue of USD 100.6 million in 2022 and is expected to reach USD 215.9 million by 2030.
- The South Korea market is expected to grow at a CAGR of 10% 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.
Dry eye syndrome treatment market data book summary
| Market revenue in 2022 | USD 100.6 million |
| Market revenue in 2030 | USD 215.9 million |
| Growth rate | 10% (CAGR from 2022 to 2030) |
| Largest segment | Evaporative dry eye syndrome |
| Fastest growing segment | Evaporative Dry Eye Syndrome |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Evaporative Dry Eye Syndrome, Aqueous Deficient Dry Eye Syndrome |
| Key market players worldwide | Novartis 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, South Korea accounted for 1.8% of the global dry eye syndrome treatment market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan dry eye syndrome treatment market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 260.6 million by 2030.
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Dry Eye Syndrome Treatment Market Scope
Dry Eye Syndrome Treatment Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Korea 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 82.7% in 2022. Horizon Databook has segmented the South Korea 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.
Dry eye illness is a prevalent problem in older Koreans, with a prevalence of 33.2%. Dry eye symptoms are more common in women and those who live in cities. Although its diagnostic significance as a single test was limited, a low Schirmer test score was linked to recurrent dry eye complaints. These factors are responsible for the rising disease burden in Korea, thereby facilitating the market growth.
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Our clientele includes a mix of dry eye syndrome treatment market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea dry eye syndrome treatment market , including forecasts for subscribers. This country databook contains high-level insights into South Korea dry eye syndrome treatment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea dry eye syndrome treatment market size, by type, 2018-2030 (US$M)
South Korea Dry Eye Syndrome Treatment Market Outlook Share, 2022 & 2030 (US$M)
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