Dry Eye Disease Market By Disease Type (Aqueous Deficient Dry Eye Syndrome, Evaporative Dry Eye Syndrome), By Product (Topical Corticosteroids, Cyclosporine, Oral Omega Supplements, Punctual Plugs, and Artificial Tears), By Distribution Channel (Hospital Pharmacy, Online Pharmacy, and Retail Pharmacy), and By Region - Trends, Analysis and Forecast till 2034

Increased frequency of dry eye illness and an aging population will drive market expansion.

Globally increasing elderly population is a key factor driving market expansion. Over the past ten years, advances in medical technology have extended human longevity. Growing ocular problems and an aging population have increased the need for market expansion. Additionally, the global decrease in blinking rates, increased adoption of unhealthy lifestyles, and prolonged usage of computers and mobile devices have all contributed to the growth of the dry eye disease market.

As per the American Academy of Ophthalmology (2015), the prevalence of dry eye syndrome rises with age. Approximately 1.68 million men and 3.2 million women aged 50 and above suffer from dry eye disease, while millions of Americans experience eye infections annually.

For example, the United Nations reported in 2017 (PubMed Central) that the number of people in the world who are 60 years of age or older will triple by 2050, and that this rapidly aging population will raise the risk of chronic and eye-related disorders.