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Report Overview

The global dry eye syndrome market size was worth USD 4.26 Billion in 2024. The market is further expected to grow at a CAGR of 6.80% between 2025 and 2034 to reach a value of approximately USD 8.22 Billion by 2034.

2024

Base Year

2018-2024

Historical Year

2025-2034

Forecast Year

Compound Annual Growth Rate

Value in USD Billion

6.8%

2025-2034


Dry Eye Syndrome Market Outlook

*this image is indicative*

The R&D partnership and the Choice and Lice agreement for the development of gene therapy vectors for retinal diseases were concluded in June 2020 with Santen Pharmaceutical Co., Ltd. and Oxford Biomedica. This R&D partnership primarily aims to produce pre-clinical evidence for OXB's idea for the treatment of inherited retinal diseases using lentiviral vectors. This will support the company's product growth, which will also aid the growth of the overall market.

Market Segmentation

Dry eye syndrome, scientifically identified as keratoconjunctivitis sicca (KCS), refers to a distinguishing concept of the person's eye surface that lacks lubrication or moisture. It is a severe disease that can affect virtually everyone. Several dry eye signs include nausea and burning sensations, eyes swollen, red eyes, fatigued eyes, itchy eyes, and photophobia, among others. In addition, watery eyes may also be a symptom, as a dry eye surface over-stimulates the development of watery tears to alleviate the dryness. Dry eye disease can be caused by excessive use of computers, allergies, obesity, menopause, smoking, LASIK eye surgery, and hormone replacement therapy, among others.

Based on disease type, the market is divided into the following:

  • Evaporative 
  • Aqueous 

Based on drug type, the market can be divided into the following:

  • Anti-Inflammatory Drugs
  • Lubricant Eye Drops
  • Autologous Serum Eye Drops 

On the basis of product, the industry can be segmented into:

  • Liquid Drops 
  • Gel 
  • Liquid Wipes 
  • Eye Ointment 
  • Others

Based on distribution channel, the market can be divided into the following:

  • Hospital Pharmacies
  • Retail Pharmacies
  • Online Pharmacies 

On the basis of region, the industry can be segmented into:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Dry Eye Syndrome Market by Drug Type

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Market Analysis

The development of the global dry eye syndrome market is largely due to the rise in the widespread occurrence of dry eye syndrome, which is attributed to a variety of factors. The increasing geriatric population around the world has resulted in a rise in the incidence of the syndrome because tear glands weaken because of their ageing and cannot produce enough tear fluid to hold a lubricating film on the eyes. Another key factor for the rising incidence of dry eye syndrome is the higher prevalence of other conditions, which can affect the functioning of the eye like diabetes. The changes in patient's blood composition due to diabetes will adversely affect the weeping glands, causing dry eye syndrome. Many diseases that can cause dry-eye syndrome indirectly include vitamin A deficiency, lupus, thyroid disease, and rheumatoid arthritis. The growing occurrence of such diseases in the market is expected to aid the overall market growth.

Competitive Landscape 

The report gives a detailed analysis of the following key players in the global dry eye syndrome market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Akorn, Incorporated.
  • AbbVie 
  • Auven Therapeutics
  • Nicox S.A.
  • Novartis AG 
  • Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The market is projected to grow at a CAGR of 6.80% between 2025 and 2034.

The market is estimated to witness a healthy growth in the forecast period of 2025-2034 to reach about USD 8.22 Billion by 2034.

The major drivers of the market are the rising occurrence of dry eye syndrome, and changing lifestyles.

The key trends guiding the growth of the market include the rising research and development activities in the industry and increasing geriatric population.

The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

Evaporative and aqueous dry eye syndromes are the major disease types in the market.

Anti-inflammatory drugs, lubricant eye drops, and autologous serum eye drops are the major drug types in the market.

Liquid drops, gel, liquid wipes, and eye ointment, among others, are the major products in the market.

The major distribution channels in the market are hospital pharmacies, retail pharmacies, and online pharmacies.

The major players in the  global dry eye syndrome market are Akorn, Incorporated., AbbVie, Auven Therapeutics, Nicox S.A., and Novartis AG, among others.

In 2024, the global dry eye syndrome market attained a value of nearly USD 4.26 Billion.

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

REPORT FEATURES DETAILS
Base Year 2024
Historical Period 2018-2024
Forecast Period 2025-2034
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Disease Type
  • Drug Type
  • Product
  • Distribution Channel
  • Region
Breakup by Disease Type
  • Evaporative Dry Eye Syndrome
  • Aqueous Dry Eye Syndrome
Breakup by Drug Type
  • Anti-Inflammatory Drugs
  • Lubricant Eye Drops
  • Autologous Serum Eye Drops
Breakup by Product
  • Liquid Drops
  • Gel
  • Liquid Wipes
  • Eye Ointment
  • Others
Breakup by Distribution Channel
  • Hospital Pharmacies
  • Retail Pharmacies
  • Online Pharmacies
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Akorn, Incorporated.
  • AbbVie 
  • Auven Therapeutics
  • Nicox S.A.
  • Novartis AG 
  • Others
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