Europe Dry Eye Syndrome Market to Reach US$ 1,153.5 Million by 2032, Impelled by Rising Geriatric Population

March 02, 2022 | Healthcare

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As per the latest report by IMARC Group, titled “Europe Dry Eye Syndrome Market Report by Disease Type (Evaporative Dry Eye Syndrome, Aqueous Dry Eye Syndrome), Drug Type (Anti-inflammatory Drugs, Lubricant Eye Drops, Autologous Serum Eye Drops), Product (Liquid Drops, Gel, Liquid Wipes, Eye Ointment, and Others), Distribution Channel (Hospital Pharmacies, Retail Pharmacies, Online Pharmacies), and Country 2024-2032,” the Europe dry eye syndrome market size reached US$ 757.2 Million in 2023. Dry eye syndrome (DES), also known as keratoconjunctivitis sicca (KCS), is a medical condition that occurs due to the lack of moisture or lubrication on the surface of the eye. It is characterized by symptoms, including irritation, redness, discharge, fatigued eyes, and blurred vision. It is caused by various reasons such as hormone changes, autoimmune disease, inflamed eyelid glands, allergic eye disease, extensive computer usage, and medication that disrupt the healthy tear film. However, dry eye syndromecan be treated through administering artificial tears, medications, lacrimal plugs, and surgeries.

Europe Dry Eye Syndrome Market Trends:

The rising geriatric population, which is more susceptible to chronic eye diseases, is one of the key factors driving the market growth. Dry eye syndrome is also caused by various other medical conditions, such as Sjogren’s syndrome, lupus, scleroderma, rheumatoid arthritis, sarcoidosis, thyroid disorders, and diabetes, which is highly prevalent among elderly patients. In addition, sedentary lifestyles and a lack of physical activities of the masses are leading to increased oxidative stress and reduced mucin expression in the eyes. As a result, patients and healthcare providers are widely adopting corticosteroid drugs to effectively treat dry eye syndrome,. Furthermore, the improving diagnostic technologies, rising healthcare expenditure capacities of consumers, and increasing utilization of smartphones, laptops and television among the masses leading to prolonged and excessive screen time are some of the other factors creating a positive market outlook across the region. Looking forward, IMARC Group expects the market value to reach US$ 1,153.5 Million by 2032, exhibiting a CAGR of 4.6% during the forecast period (2024-2032).

Market Summary:

Based on the disease type, the market has been bifurcatedinto evaporative and aqueous dry eye syndrome.
On the basis ofthe drug type, the market has been segregated into anti-inflammatory drugs, lubricant eye drops, and autologous serum eye drops.
Based on the product, the market has been categorized into liquid drops, gel, liquid wipes, eye ointment, and others.
The market has been segmented based on the distribution channel into hospital, retail, and online pharmacies.
On the geographical front, the market has been divided into Germany, France, the United Kingdom, Italy, Spain, and others.
The competitive landscape of the industry has also been examined,along with the profiles of the key players.

Report Scope:

Report Features	Details
Base Year of the Analysis	2023
Historical Period	2018-2023
Forecast Period	2024-2032
Units	US$ Million
Segment Coverage	Disease Type, Drug Type, Product, Distribution Channel, Country
Countries Covered	Germany, France, United Kingdom, Italy, Spain
Customization Scope	10% Free Customization
Report Price and Purchase Option	Single User License: US$ 3699 Five User License: US$ 4699 Corporate License: US$ 5699
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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Europe Dry Eye Syndrome Market to Reach US$ 1,153.5 Million by 2032, Impelled by Rising Geriatric Population

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