Thailand Ophthalmic Drugs Market Size & Outlook, 2026-2033
- Pharmaceuticals
- Ophthalmology Drugs
- Ophthalmic Drugs Market Outlook
- Ophthalmology Drugs
Global Market
Related Markets
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Thailand ophthalmic drugs market highlights
- The Thailand ophthalmic drugs market generated a revenue of USD 215.2 million in 2025 and is expected to reach USD 452.5 million by 2033.
- The Thailand market is expected to grow at a CAGR of 9.7% from 2026 to 2033.
- In terms of segment, anti-vegf agents was the largest revenue generating drug class in 2025.
- Anti-VEGF agents is the most lucrative drug class segment registering the fastest growth during the forecast period.
Ophthalmic drugs market data book summary
| Market revenue in 2025 | USD 215.2 million |
| Market revenue in 2033 | USD 452.5 million |
| Growth rate | 9.7% (CAGR from 2026 to 2033) |
| Largest segment | Anti-vegf agents |
| Fastest growing segment | Anti-VEGF agents |
| Historical data | 2021 - 2024 |
| Base year | 2025 |
| Forecast period | 2026 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Anti-VEGF agents, Anti-glaucoma, Anti-inflammatory, Anti-Allergy |
| Key market players worldwide | Pfizer Inc, Alcon Inc, Novartis AG ADR, Bausch Health Companies Inc, Merck & Co Inc, Regeneron Pharmaceuticals Inc, AbbVie Inc, Bayer AG, Genentech, Nicox SA Share from reverse split, Coherus BioSciences Inc |
Other key industry trends
- In terms of revenue, Thailand accounted for 0.5% of the global ophthalmic drugs market in 2025.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2033.
- In Asia Pacific, China ophthalmic drugs market is projected to lead the regional market in terms of revenue in 2033.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 2,495.2 million by 2033.
Thailand is highly dependent on medicinal plants and natural products for the development of medicine and medicinal products. There is a high prevalence of retinal diseases in the country, which has compelled research for the development of therapeutics for the same. Key players are focusing on collaborations and research to enhance the quality of life in the country.
For instance, in June 2021, Arctic Vision entered into a licensing agreement with Olympic Ophthalmic for the commercial distribution of iTEAR 100, a treatment for dry eye in South Korea and ASEAN countries, such as Thailand, Malaysia, Myanmar, Singapore, Vietnam, & China. Such initiatives are expected to help satisfy the demand for novel therapeutics.
Furthermore, rising initiatives to improve the healthcare infrastructure in the country are anticipated to propel the market growth in the country. To deal with the rising prevalence of retinal diseases, Thailand's Ministry of Public Health has established the Service Plan, a local health plan that incorporates 13 centers of excellence for certain specialties.
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Publish Date: Apr 16, 2026
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Ophthalmic Drugs Market Scope
Ophthalmic Drugs Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Novartis AG ADR | View profile | 76,057 | Lichtstrasse 35, Basel, Switzerland, 4056 | www.novartis.com |
| AbbVie Inc | View profile | 50,000 | 1 North Waukegan Road, North Chicago, IL, United States, 60064-6400 | www.abbvieinvestor.com |
| Pfizer Inc | View profile | 88,000 | 66 Hudson Boulevard East, New York, NY, United States, 10001-2192 | www.pfizer.com |
| Alcon Inc | View profile | 25,315 | Chemin de Blandonnet 8, Royce Bedward, Vernier, Geneva, Switzerland, 1214 | www.alcon.com |
| Merck & Co Inc | View profile | 72,000 | 126 East Lincoln Avenue, Rahway, NJ, United States, 07065 | www.merck.com |
| Bayer AG | View profile | 99,723 | Kaiser-Wilhelm-Allee 1, Leverkusen, NW, Germany, 51368 | www.bayer.com |
| Regeneron Pharmaceuticals Inc | View profile | 13,450 | 777 Old Saw Mill River Road, Tarrytown, NY, United States, 10591-6707 | www.regeneron.com |
| Bausch Health Companies Inc | View profile | 20,270 | 2150 Saint Elzear Boulvard West, Laval, QC, Canada, H7L 4A8 | www.bauschhealth.com |
| Genentech | View profile | 10001+ | South San Francisco, California, United States, North America | gene.com |
| Coherus BioSciences Inc | View profile | 306 | 333 Twin Dolphin Drive, Suite 600, Redwood City, CA, United States, 94065 | www.coherus.com |
Thailand Ophthalmic Drugs Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Ophthalmic Drugs Market Outlook will help companies and investors design strategic landscapes.
Anti-Vegf Agents was the largest segment with a revenue share of 39.45% in 2025.
Horizon Databook has segmented the Thailand ophthalmic drugs market based on anti-vegf agents, anti-glaucoma, anti-inflammatory, anti-allergy covering the revenue growth of each sub-segment from 2021 to 2033.
Thailand is highly dependent on medicinal plants and natural products for the development of medicine and medicinal products. There is a high prevalence of retinal diseases in the country, which has compelled research for the development of therapeutics for the same. Key players are focusing on collaborations and research to enhance the quality of life in the country.
For instance, in June 2021, Arctic Vision entered into a licensing agreement with Olympic Ophthalmic for the commercial distribution of iTEAR 100, a treatment for dry eye in South Korea and ASEAN countries, such as Thailand, Malaysia, Myanmar, Singapore, Vietnam, & China. Such initiatives are expected to help satisfy the demand for novel therapeutics.
Furthermore, rising initiatives to improve the healthcare infrastructure in the country are anticipated to propel the market growth in the country. To deal with the rising prevalence of retinal diseases, Thailand's Ministry of Public Health has established the Service Plan, a local health plan that incorporates 13 centers of excellence for certain specialties.
- Thailand Ophthalmic Drugs Market Drug Class Outlook (Revenue, USD Million , 2021-2033)
- Anti-Allergy
- Anti-VEGF agents
- Anti-glaucoma
- Gene & Cell Therapy
- Others
- Anti-inflammatory
- Thailand Ophthalmic Drugs Market Disease Outlook (Revenue, USD Million , 2021-2033)
- Dry Eye
- Allergies
- Glaucoma
- Infection
- Retinal Disorders
- Uveitis
- Others
- Thailand Ophthalmic Drugs Market Route of Administration Outlook (Revenue, USD Million , 2021-2033)
- Topical
- Systemic
- Local Ocular
- Thailand Ophthalmic Drugs Market Dosage Type Outlook (Revenue, USD Million , 2021-2033)
- Gels
- Eye solutions & suspensions
- Capsules & Tablets
- Eye drops
- Ointments
- Thailand Ophthalmic Drugs Market Product Type Outlook (Revenue, USD Million , 2021-2033)
- OTC drugs
- Prescription
- Thailand Ophthalmic Drugs Market Drug Type Outlook (Revenue, USD Million , 2021-2033)
- Branded Drugs
- Generic Drugs
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Horizon Databook provides a detailed overview of country-level data and insights on the Thailand Ophthalmic Drugs Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Thailand Ophthalmic Drugs Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
Thailand Ophthalmic Drugs Market, 2021-2033 (US$M)
Thailand ophthalmic drugs market statistics, by drug class, 2021-2033 (US$M)
