Europe Ophthalmic Drugs Market Size & Outlook, 2023-2030

The ophthalmic drugs market in Europe is expected to reach a projected revenue of US$ 16,414.0 million by 2030. A compound annual growth rate of 7.9% is expected of Europe ophthalmic drugs market from 2024 to 2030.

Revenue, 2023 (US$M)
$9,648.3
Forecast, 2030 (US$M)
$16,414.0
CAGR, 2024 - 2030
7.9%
Report Coverage
Europe

Europe ophthalmic drugs market highlights

  • The Europe ophthalmic drugs market generated a revenue of USD 9,648.3 million in 2023.
  • The market is expected to grow at a CAGR of 7.9% from 2024 to 2030.
  • In terms of segment, anti-vegf agents was the largest revenue generating drug class in 2023.
  • Gene & Cell Therapy is the most lucrative drug class segment registering the fastest growth during the forecast period.
  • Country-wise, UK is expected to register the highest CAGR from 2024 to 2030.

Europe data book summary

Market revenue in 2023USD 9,648.3 million
Market revenue in 2030USD 16,414.0 million
Growth rate7.9% (CAGR from 2023 to 2030)
Largest segmentAnti-vegf agents
Fastest growing segmentGene & Cell Therapy
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationAnti-Allergy, Anti-VEGF agents, Anti-inflammatory, Anti-glaucoma, Gene & Cell Therapy
Key market players worldwidePfizer Inc, Alcon Inc, Novartis AG ADR, Bausch Health Companies Inc, Merck & Co Inc, Regeneron Pharmaceuticals Inc, AbbVie Inc, Bayer AG, Genentech, Nicox SA Share from reverse split, Coherus BioSciences Inc

Other key industry trends

  • In terms of revenue, Europe region accounted for 25.5% of the global ophthalmic drugs market in 2023.
  • 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 16,136.6 million by 2030.

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Ophthalmic Drugs Market Scope

Ophthalmic drugs market segmentation & scope
Anti-Allergy
Anti-VEGF agents
Non-steroidal drugs
Steroids
Anti-glaucoma
Gene & Cell Therapy
Others
Dry eye
Allergies
Glaucoma
Infection
Macular Degeneration
Diabetic Retinopathy
Others
Uveitis
Others
Topical
Subconjunctival
Intravitreal
Retrobulbar
Intracameral
Sytemic
Gels
Eye solutions & suspensions
Capsules & Tablets
Eye drops
Ointments

Ophthalmic Drugs Market Companies

Name Profile # Employees HQ Website

Europe 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 32.84% in 2023. Horizon Databook has segmented the Europe 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.


  • Europe 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
  • Europe Ophthalmic Drugs Disease Outlook (Revenue, USD Million, 2018-2030)
    • Dry eye
    • Allergies
    • Glaucoma
    • Infection
    • Retinal Disorders
      • Macular Degeneration
      • Diabetic Retinopathy
      • Others
    • Uveitis
    • Others
  • Europe Ophthalmic Drugs Route of Administration Outlook (Revenue, USD Million, 2018-2030)
    • Topical
    • Local Ocular
      • Subconjunctival
      • Intravitreal
      • Retrobulbar
      • Intracameral
    • Sytemic
  • Europe 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 Europe ophthalmic drugs market databook

  • Our clientele includes a mix of ophthalmic drugs market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

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

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Europe ophthalmic drugs market size, by country, 2018-2030 (US$M)

Europe Ophthalmic Drugs Market Outlook Share, 2023 & 2030 (US$M)

Europe ophthalmic drugs market size, by country, 2018-2030 (US$M)

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