Global Otc Dry Eye Drops Market Size & Outlook, 2023-2030
Global otc dry eye drops market, 2018-2030 (US$M)
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Global otc dry eye drops market highlights
- The global otc dry eye drops market generated a revenue of USD 3,624.7 million in 2023 and is expected to reach USD 6,092.4 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 7.7% by 2030.
- In terms of segment, generics accounted for a revenue of USD 2,040.3 million in 2023.
- Generics is the most lucrative type 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, Germany is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 3,624.7 million |
| Market revenue in 2030 | USD 6,092.4 million |
| Growth rate | 7.7% (CAGR from 2023 to 2030) |
| Largest segment | Generics |
| Fastest growing segment | Generics |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Branded, Generics |
Other key industry trends
- In terms of revenue, the North America accounted for 39.1% of the global otc dry eye drops market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Germany is the fastest growing regional market and is projected to reach USD 474.9 million by 2030.
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OTC Dry Eye Drops Market Scope
OTC Dry Eye Drops Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global otc dry eye drops 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 otc dry eye drops market will help companies and investors design strategic landscapes.
Generics was the largest segment with a revenue share of 56.29% in 2023. Horizon Databook has segmented the Global otc dry eye drops market based on branded, generics covering the revenue growth of each sub-segment from 2018 to 2030.
- Global OTC Dry Eye Drops Type Outlook (Revenue, USD Million, 2018-2030)
- Branded
- Generics
- Global OTC Dry Eye Drops Product Outlook (Revenue, USD Million, 2018-2030)
- With Preservatives
- Preservative Free
- Global OTC Dry Eye Drops Viscosity Outlook (Revenue, USD Million, 2018-2030)
- Low Viscosity
- High Viscosity
- Global OTC Dry Eye Drops Distribution Channel Outlook (Revenue, USD Million, 2018-2030)
- Drugstores and Supermarkets
- Online Pharmacies
- Retail Pharmacies
- Others
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Horizon Databook provides a detailed overview of global-level data and insights on the Global otc dry eye drops market , including forecasts for subscribers. This global databook contains high-level insights into Global otc dry eye drops market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global otc dry eye drops market size, by regions, 2018-2030 (US$M)
Top 10 countries: Otc dry eye drops market size, 2023 (US$M)
Global otc dry eye drops market share, by type, 2023 & 2030 (%, US$M)
Otc dry eye drops market: Opportunity assessment by country
Global otc dry eye drops market, by region, 2023 (US$M)
| Type | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 1,221.4 | 1,319.6 | 1,104.6 | 1,257.1 | 1,331.0 | 1,415.8 | 1,521.4 | 1,635.3 | 1,759.4 | 1,905.2 | 2,105.9 | 2,224.1 | 2,332.8 | 7.4% |
| Europe | 1,001.6 | 1,079.0 | 900.5 | 1,021.8 | 1,078.7 | 1,143.9 | 1,225.6 | 1,313.2 | 1,408.6 | 1,520.6 | 1,675.5 | 1,763.9 | 1,844.2 | 7.1% |
| Asia Pacific | 464.0 | 510.7 | 435.5 | 504.7 | 544.1 | 589.1 | 644.2 | 704.6 | 771.2 | 849.3 | 954.7 | 1,025.1 | 1,093.0 | 9.2% |
| Latin America | 226.7 | 245.1 | 205.4 | 233.9 | 247.9 | 263.9 | 283.8 | 305.3 | 328.8 | 356.3 | 394.2 | 416.7 | 437.4 | 7.5% |
| MEA | 170.1 | 186.5 | 158.4 | 183.0 | 196.5 | 212.1 | 231.2 | 252.0 | 274.9 | 301.9 | 338.3 | 362.2 | 385.1 | 8.9% |
| Overall | 3,083.8 | 3,340.9 | 2,804.3 | 3,200.5 | 3,398.2 | 3,624.7 | 3,906.2 | 4,210.3 | 4,542.9 | 4,933.4 | 5,468.6 | 5,791.9 | 6,092.4 | 7.7% |
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