Dry Eye Disease Market Size, Share, Growth Analysis, By Product(Artificial Tears, Anti-inflammatory Drugs, Punctal Plugs, Secretagogues), By Distribution Channel(Hospital Pharmacies, Independent Pharmacies & Drug Stores, Online Pharmacies), By Region - Industry Forecast 2024-2031

The global dry eye disease market is studied on the basis of geography as North America, Europe, Asia-Pacific, South America, and Middle East & Africa. Due to the high prevalence of dry eye diseases and the ease with which solutions are available in the region, North America is expected to hold a significant share of the dry eye disease market. In this multi-screen world, people of all ages can be found. Computer or digital screen use may result in less blinking, which may contribute to symptoms of dry eye disease (DED), thereby increasing the demand for better and more effective DED therapeutics, which is expected to fuel growth in the North American region studied.

The region's ageing population is driving market growth because they are more susceptible to ophthalmic disorders such as DED. For instance, according to the Administration for Community Living (ACL) of the United States' May 2021 report, approximately 54.1 million people 65 and older lived in the country in 2019, accounting for approximately 16% of the total population, and this figure is expected to rise to 21.6% of the total population by 2040. As a result, these factors are expected to drive growth in the dry eye disease market in North America over the forecast period.