Global Ophthalmic Drugs Market Size & Outlook, 2023-2030
Global ophthalmic drugs market, 2018-2030 (US$M)
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Global ophthalmic drugs market highlights
- The global ophthalmic drugs market generated a revenue of USD 37,823.0 million in 2023 and is expected to reach USD 66,064.5 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 8.3% by 2030.
- In terms of segment, anti-vegf agents accounted for a revenue of USD 12,370.2 million in 2023.
- Gene & Cell Therapy is the most lucrative drug class segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 37,823.0 million |
| Market revenue in 2030 | USD 66,064.5 million |
| Growth rate | 8.3% (CAGR from 2023 to 2030) |
| Largest segment | Anti-vegf agents |
| Fastest growing segment | Gene & Cell Therapy |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Anti-Allergy, Anti-VEGF agents, Anti-inflammatory, Anti-glaucoma, Gene & Cell Therapy |
Other key industry trends
- In terms of revenue, the North America accounted for 45.0% of the global ophthalmic drugs market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, U.S. is the fastest growing regional market and is projected to reach USD 25,551.2 million by 2030.
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Ophthalmic Drugs Market Scope
Ophthalmic Drugs Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global ophthalmic drugs 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 ophthalmic drugs market will help companies and investors design strategic landscapes.
Anti-vegf agents was the largest segment with a revenue share of 32.71% in 2023. Horizon Databook has segmented the Global ophthalmic drugs market based on anti-allergy, anti-vegf agents, anti-inflammatory, anti-glaucoma, gene & cell therapy covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Ophthalmic Drugs Drug class Outlook (Revenue, USD Million, 2018-2030)
- Anti-Allergy
- Anti-VEGF agents
- Anti-inflammatory
- Non-steroidal drugs
- Steroids
- Anti-glaucoma
- Gene & Cell Therapy
- Others
- Global Ophthalmic Drugs Disease Outlook (Revenue, USD Million, 2018-2030)
- Dry eye
- Allergies
- Glaucoma
- Infection
- Retinal Disorders
- Macular Degeneration
- Diabetic Retinopathy
- Others
- Uveitis
- Others
- Global Ophthalmic Drugs Route of Administration Outlook (Revenue, USD Million, 2018-2030)
- Topical
- Local Ocular
- Subconjunctival
- Intravitreal
- Retrobulbar
- Intracameral
- Sytemic
- Global Ophthalmic Drugs Dosage Type Outlook (Revenue, USD Million, 2018-2030)
- Gels
- Eye solutions & suspensions
- Capsules & Tablets
- Eye drops
- Ointments
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Target buyers of Global ophthalmic drugs market databook
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Our clientele includes a mix of ophthalmic drugs market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global ophthalmic drugs market , including forecasts for subscribers. This global databook contains high-level insights into Global ophthalmic drugs market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global ophthalmic drugs market size, by regions, 2018-2030 (US$M)
Top 10 countries: Ophthalmic drugs market size, 2023 (US$M)
Global ophthalmic drugs market share, by drug class, 2023 & 2030 (%, US$M)
Ophthalmic drugs market: Opportunity assessment by country
Global ophthalmic drugs market, by region, 2023 (US$M)
| Drug class | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 14,742.4 | 15,971.7 | 13,971.8 | 15,164.9 | 16,206.4 | 17,014.9 | 18,256.0 | 19,601.9 | 21,062.4 | 22,648.6 | 24,372.3 | 26,247.1 | 28,287.6 | 7.5% |
| Europe | 8,231.8 | 8,945.2 | 7,849.1 | 8,545.6 | 9,161.0 | 9,648.4 | 10,385.1 | 11,186.7 | 12,059.3 | 13,010.2 | 14,047.0 | 15,178.4 | 16,414.0 | 7.9% |
| Asia Pacific | 6,341.1 | 7,042.8 | 6,314.3 | 7,022.3 | 7,687.4 | 8,265.4 | 9,079.9 | 9,979.7 | 10,974.4 | 12,074.6 | 13,292.5 | 14,641.4 | 16,136.6 | 10.0% |
| Latin America | 1,427.2 | 1,561.6 | 1,379.7 | 1,512.5 | 1,632.7 | 1,731.4 | 1,876.6 | 2,035.4 | 2,209.4 | 2,400.2 | 2,609.4 | 2,839.2 | 3,091.7 | 8.6% |
| MEA | 938.8 | 1,031.6 | 915.3 | 1,007.6 | 1,092.2 | 1,163.0 | 1,265.6 | 1,378.2 | 1,502.0 | 1,638.1 | 1,787.9 | 1,952.8 | 2,134.6 | 9.1% |
| Overall | 31,681.2 | 34,552.9 | 30,430.2 | 33,252.9 | 35,779.6 | 37,823.0 | 40,863.2 | 44,181.9 | 47,807.6 | 51,771.6 | 56,109.1 | 60,858.9 | 66,064.5 | 8.3% |
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