North American Market Forecast
The North American dry eye syndrome market is projected to hold the largest market share by the end of 2037. The growth of the market can be ascribed to the higher number of people suffering from dry eye disease. Around 16 million to 49 million people in America have dry eyes, which make up approximately 15% of the population. Furthermore, the region’s market growth is also boosted on the account of the higher use of eye drops. In the United States, nearly 120 million Americans used eye drops and eye wash in 2020, and the count is expected to increase to around 123 million by 2024. In addition, there has been a surge in the expansion of eye products, along with the expansion in ocular implants which is further predicted to increase the market’s growth in the region.
APAC Market Statistics
On the other hand, the Asia Pacific region is estimated to witness the fastest growth by the end of 2037, backed by the increase in the older population percentage, that are more prone to dry eye disorders. Moreover, the population is also increasing, that is expected to surge the number of dry eye syndrome cases in the region, which in turn is projected to boost the growth of the dry eye syndrome market in the Asia Pacific region.
Author Credits: Radhika Pawar
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