Brazil Ophthalmic Eye Droppers Market Size & Outlook
Brazil ophthalmic eye droppers market, 2018-2030 (US$M)
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Brazil ophthalmic eye droppers market highlights
- The Brazil ophthalmic eye droppers market generated a revenue of USD 308.1 million in 2023 and is expected to reach USD 425.5 million by 2030.
- The Brazil market is expected to grow at a CAGR of 4.7% from 2024 to 2030.
- In terms of segment, preserved multi-dose eye droppers was the largest revenue generating type in 2023.
- Preserved multi-dose eye droppers is the most lucrative type segment registering the fastest growth during the forecast period.
Ophthalmic eye droppers market data book summary
| Market revenue in 2023 | USD 308.1 million |
| Market revenue in 2030 | USD 425.5 million |
| Growth rate | 4.7% (CAGR from 2023 to 2030) |
| Largest segment | Preserved multi-dose eye droppers |
| Fastest growing segment | Preserved multi-dose eye droppers |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Unidose eye droppers, Preserved multi-dose eye droppers, Preservative-free multi-dose eye droppers |
| Key market players worldwide | AptarGroup Inc, Silgan Holdings Inc, Alcon Inc, Pfizer Inc, Bausch & Lomb Corp, Novartis AG ADR, AbbVie Inc |
Other key industry trends
- In terms of revenue, Brazil accounted for 2.3% of the global ophthalmic eye droppers market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil ophthalmic eye droppers market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 425.5 million by 2030.
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Ophthalmic Eye Droppers Market Scope
Ophthalmic Eye Droppers Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil ophthalmic eye droppers 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 eye droppers market will help companies and investors design strategic landscapes.
Preserved multi-dose eye droppers was the largest segment with a revenue share of 49.27% in 2023. Horizon Databook has segmented the Brazil ophthalmic eye droppers market based on unidose eye droppers, preserved multi-dose eye droppers, preservative-free multi-dose eye droppers covering the revenue growth of each sub-segment from 2018 to 2030.
The incidence of ophthalmic disorders is increasing in Brazil, which is expected to propel the demand for ophthalmic eye droppers. The presence of a large patient pool in the country is attracting various market players looking to expand their business.
For instance, in May, 2021 Nemera obtained ANVISA approval for its multidose eye dropper, Novelia, intended for Aché’s NSAIDs and Dry Eye formulations. Aché, a São Paulo-based pharmaceutical company with over 54 years of establishment, is one of Brazil’s largest domestic pharmaceutical companies.
Furthermore, increasing government funding for ophthalmology-related research is contributing to market growth. The Brazilian Research Association for Vision and Ophthalmology (BRAVO) and National Institutes of Health (NIH) are some of the government institutes undertaking and promoting research efforts in vision & ophthalmology.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil ophthalmic eye droppers market , including forecasts for subscribers. This country databook contains high-level insights into Brazil ophthalmic eye droppers market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil ophthalmic eye droppers market size, by type, 2018-2030 (US$M)
Brazil Ophthalmic Eye Droppers Market Outlook Share, 2023 & 2030 (US$M)
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