Rapid Expansion in Dry Eye Syndrome Market, Scene Set for Reaching $5.63 Billion by 2029 at 7.5% CAGR

How Has The Dry Eye Syndrome Market Evolved And What Is Its Growth Potential?
The dry eye syndrome market size has shown substantial growth in recent years, expanding from $3.92 billion in 2024 to $4.21 billion in 2025 at a compound annual growth rate (CAGR) of 7.5%. Key factors driving this growth include increased healthcare accessibility, evolving treatment options, necessity of medications in managing health conditions, hormonal changes and the influence of ocular surgery.

Moreover, the market is expected to continue its growth trajectory in the coming years, reaching an estimated $5.63 billion by 2029 at a CAGR of 7.5%. This forecasted growth is attributed to the aging population, increasing screen usage, changes in lifestyle habits, healthcare awareness, prevalence of ocular surgery trends and the development of novel therapies. Noteworthy trends include a holistic approach to eye health, the integration of AI in eye care, telemedicine and remote consultations, personalized medicine, and a rise in awareness and education.

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What are Driving Forces Behind The Dry Eye Syndrome Market Growth?
A rising prevalence of dry eye syndrome is the major driving force behind the growth of the dry eye syndrome market. The condition, characterized by eyes that do not produce enough tears, is becoming increasingly more common. Products and medications for dry eye syndrome provide lubrication and moisture to the eyes, helping to enhance tear production, improve tear quality, reduce inflammation, and protecting the ocular surface.

For example, a survey conducted by Eyes On Eyecare in March 2022, reported that 35 million Americans are expected to suffer from dry eye disease (DED) in 2022, with prevalence increasing year after year. Similarly, a meta-analysis of three US studies by UpToDate Inc. cited an 8.1% pooled prevalence of dry eye syndrome in 2022. The rising prevalence of dry eye syndrome therefore indicates a substantial drive in the market growth.

Major Segments within Global Dry Eye Syndrome Market are:

1) By Product: Liquid Drops, Gel, Liquid Wipes, Eye Ointment, Other Products
2) By Treatment: Corticosteroids, Artificial Tears, Oral Omega Supplements, Lubricating Agent, Other Treatments
3) By Disease Type: Evaporative, Aqueous
4) By Distribution Channel: Offline, Online
5) By Application: Hospitals And Clinics, Medical Laboratories, Other Applications

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Who Are The Key Players In The Dry Eye Syndrome Market?
Major companies operating in the dry eye syndrome market include Allergan plc, Novartis AG, Otsuka Pharmaceutical Co. Ltd., Santendo Pharmaceutical Co. Ltd., Sentiss Pharma Pvt. Ltd., Johnson & Johnson, Alcon Vision LLC, Akorn Operating Company LLC, Sun Pharmaceutical Industries Ltd., Bausch Health Companies Inc., AbbVie Inc., I-MED Pharma Inc., AFT Pharmaceuticals, Horus Pharma, Mitotech, Novaliq GmbH, OASIS Medical, Prestige Consumer Healthcare, VISUfarma, Alimera Science, Kala Pharmaceuticals Inc., Nicox S.A., EyeGate Pharmaceuticals Inc., ReVision Therapeutics Inc., Itear Medical.

Which Trends Are Impacting The Dry Eye Syndrome Market?
Keen on innovation, major players operating in the dry eye syndrome market are developing innovative products to maintain their market positions. A case in point is India-based Entod Pharmaceuticals Ltd., which launched Cyclotears eye drops in May 2023, specifically designed to treat dry eye disease. It was developed using self-emulsifying drug delivery system (SEDDS) technology, enhancing the ocular delivery of poorly water-soluble drugs. The key selling points of Cyclotears include a novel active ingredient, improved retention time, a lubricating effect, and being safe and preservative-free.

Which Region Holds The Largest Market Share In The Dry Eye Syndrome Market?
In 2024, North America held the largest market share in the dry eye syndrome market. However, Asia-Pacific is expected to be the fastest-growing region in this market during the forecast period. The report includes data from multiple regions, including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

What Does The Dry Eye Syndrome Market Report 2025 Offer?
Dry eye syndrome, also known as dry eye disease, is a prevalent condition characterized by insufficient or poor-quality tear production. Lack of enough tears to keep the eyes moist can result in discomfort, irritation, and eyes’ inflammation. The Dry Eye Syndrome Market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.

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