Canada Ophthalmic Eye Droppers Market Size & Outlook
Canada ophthalmic eye droppers market, 2018-2030 (US$M)
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Canada ophthalmic eye droppers market highlights
- The Canada ophthalmic eye droppers market generated a revenue of USD 990.4 million in 2023 and is expected to reach USD 1,545.5 million by 2030.
- The Canada market is expected to grow at a CAGR of 6.6% from 2024 to 2030.
- In terms of segment, preserved multi-dose eye droppers was the largest revenue generating type in 2023.
- Preservative-free 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 990.4 million |
| Market revenue in 2030 | USD 1,545.5 million |
| Growth rate | 6.6% (CAGR from 2023 to 2030) |
| Largest segment | Preserved multi-dose eye droppers |
| Fastest growing segment | Preservative-free 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, Canada accounted for 7.4% 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 North America, U.S. ophthalmic eye droppers 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 1,545.5 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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Canada 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 46.56% in 2023. Horizon Databook has segmented the Canada 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 ophthalmic eye droppers market in Canada is anticipated to witness lucrative growth during the forecast period. This can be attributed to the rising inclination of eye care providers toward modern interventions for managing various eye related disorders.
The annual ophthalmology conferences, such as the Canadian Dry Eye Summit, contributed significantly to raising awareness about modern therapies for dry eye among patients and providers in the country.
Moreover, with new products gaining frequent access, the demand is expected to increase over the coming decade. For instance, in August 2022, Alcon launched Systane Complete Preservative-Free Lubricant Eye Drops in Canada, it is an all-in-one solution available in multidose easy-to-use bottle.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada ophthalmic eye droppers market , including forecasts for subscribers. This country databook contains high-level insights into Canada ophthalmic eye droppers market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada ophthalmic eye droppers market size, by type, 2018-2030 (US$M)
Canada Ophthalmic Eye Droppers Market Outlook Share, 2023 & 2030 (US$M)
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