India Ophthalmic Eye Droppers Market Size & Outlook
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India ophthalmic eye droppers market highlights
- The India ophthalmic eye droppers market generated a revenue of USD 277.7 million in 2023 and is expected to reach USD 422.2 million by 2030.
- The India market is expected to grow at a CAGR of 6.2% from 2024 to 2030.
- In terms of segment, preserved multi-dose eye droppers was the largest revenue generating type in 2023.
- Preservative-free multi-dose eye droppers is the most lucrative type segment registering the fastest growth during the forecast period.
Ophthalmic eye droppers market data book summary
| Market revenue in 2023 | USD 277.7 million |
| Market revenue in 2030 | USD 422.2 million |
| Growth rate | 6.2% (CAGR from 2023 to 2030) |
| Largest segment | Preserved multi-dose eye droppers |
| Fastest growing segment | Preservative-free multi-dose eye droppers |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Unidose eye droppers, Preserved multi-dose eye droppers, Preservative-free multi-dose eye droppers |
| Key market players worldwide | AptarGroup Inc, Silgan Holdings Inc, Alcon Inc, Pfizer Inc, Bausch & Lomb Corp, Novartis AG ADR, AbbVie Inc |
Other key industry trends
- In terms of revenue, India accounted for 2.1% of the global ophthalmic eye droppers market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan ophthalmic eye droppers market is projected to lead the regional market in terms of revenue in 2030.
- South Korea is the fastest growing regional market in Asia Pacific and is projected to reach USD 270.8 million by 2030.
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Ophthalmic Eye Droppers Market Scope
Ophthalmic Eye Droppers Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Silgan Holdings Inc | View profile | 14400 | 4 Landmark Square, Suite 400, Stamford, CT, United States, 06901 | https://www.silganholdings.com |
| Bausch & Lomb Corp | View profile | 13300 | 520 Applewood Crescent, Vaughan, ON, Canada, L4K 4B4 | https://www.bausch.com |
| Alcon Inc | View profile | 25315 | Chemin de Blandonnet 8, Royce Bedward, Vernier, Geneva, Switzerland, 1214 | https://www.alcon.com |
| AptarGroup Inc | View profile | 13800 | 265 Exchange Drive, Suite 301, Crystal Lake, IL, United States, 60014 | https://www.aptar.com |
| Pfizer Inc | View profile | 88000 | 66 Hudson Boulevard East, New York, NY, United States, 10001-2192 | https://www.pfizer.com |
| AbbVie Inc | View profile | 50000 | 1 North Waukegan Road, North Chicago, IL, United States, 60064-6400 | http://www.abbvieinvestor.com |
| Novartis AG ADR | View profile | 76057 | Lichtstrasse 35, Basel, Switzerland, 4056 | https://www.novartis.com |
India ophthalmic eye droppers 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 eye droppers market will help companies and investors design strategic landscapes.
Preserved multi-dose eye droppers was the largest segment with a revenue share of 50.05% in 2023. Horizon Databook has segmented the India ophthalmic eye droppers market based on unidose eye droppers, preserved multi-dose eye droppers, preservative-free multi-dose eye droppers covering the revenue growth of each sub-segment from 2018 to 2030.
India’s healthcare infrastructure advancements have led to a surge in patient numbers. According to the Report of the Technical Group on Population Projections for India 2011-2036, around 138 million elderly individuals were residing in India in 2021. Consequently, the growing burden of ophthalmic disorders and the increasing geriatric population are anticipated to propel market growth.
In India, the number of IT professionals has increased over recent years, marking a large number of individuals who constantly use computers & mobile devices and are, therefore, prone to DED. Thus, the adoption of ophthalmic eye droppers is expected to boost market growth.
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Horizon Databook provides a detailed overview of country-level data and insights on the India ophthalmic eye droppers market , including forecasts for subscribers. This country databook contains high-level insights into India ophthalmic eye droppers market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India ophthalmic eye droppers market size, by type, 2018-2030 (US$M)
India Ophthalmic Eye Droppers Market Outlook Share, 2023 & 2030 (US$M)
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