U.S. Dry Eye Syndrome Treatment Market Size & Outlook
U.S. dry eye syndrome treatment market, 2018-2030 (US$M)
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U.S. dry eye syndrome treatment market highlights
- The U.S. dry eye syndrome treatment market generated a revenue of USD 2,139.4 million in 2022 and is expected to reach USD 3,834.7 million by 2030.
- The U.S. 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.
Dry eye syndrome treatment market data book summary
| Market revenue in 2022 | USD 2,139.4 million |
| Market revenue in 2030 | USD 3,834.7 million |
| Growth rate | 7.6% (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, U.S. accounted for 38.7% 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 North America, U.S. dry eye syndrome treatment market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 339.3 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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U.S. 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 82.47% in 2022. Horizon Databook has segmented the U.S. 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 prevalence of dry eye syndrome in the U.S. is expected to grow over the forecast period. According to National Health and Wellness Survey, it is estimated that around 6.8% of the total population in the U.S. is diagnosed with dry eye disease. The prevalence of disease increases with an increase in age, wherein the prevalence is 2.7% in the age group of 18-34 and around 18.6% in those above 75 years of age.
Moreover, it is observed that the prevalence is higher in women than in men, with the prevalence being 8.8% in women and 4.5% in men. Furthermore, with the rising geriatric population, the prevalence is expected to rise as this population group is more susceptible to dry eye diseases. According to the U.S. Census Bureau, in 2020, over 56 million individuals living in the U.S. were 65 years of age and older.
The geriatric population is expected to rise to 73.1 million by 2030 and 85.7 million by 2050. In addition, around 1 million people in the U.S. suffer from contact lens complications annually, which also include dry eye syndrome. All these factors contribute to increasing prevalence of the condition in the population.
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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 U.S. dry eye syndrome treatment market , including forecasts for subscribers. This country databook contains high-level insights into U.S. dry eye syndrome treatment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. dry eye syndrome treatment market size, by type, 2018-2030 (US$M)
U.S. Dry Eye Syndrome Treatment Market Outlook Share, 2022 & 2030 (US$M)
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