UAE Ophthalmic Eye Droppers Market Size & Outlook
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UAE ophthalmic eye droppers market highlights
- The UAE ophthalmic eye droppers market generated a revenue of USD 89.7 million in 2023 and is expected to reach USD 107.6 million by 2030.
- The UAE market is expected to grow at a CAGR of 2.6% from 2024 to 2030.
- In terms of segment, preserved multi-dose eye droppers was the largest revenue generating type in 2023.
- Preserved 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 89.7 million |
Market revenue in 2030 | USD 107.6 million |
Growth rate | 2.6% (CAGR from 2023 to 2030) |
Largest segment | Preserved multi-dose eye droppers |
Fastest growing segment | Preserved 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, UAE accounted for 0.7% 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 Middle East & Africa, South Africa ophthalmic eye droppers market is projected to lead the regional market in terms of revenue in 2030.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 146.8 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 |
UAE 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 49.39% in 2023. Horizon Databook has segmented the UAE 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.
The UAE market is expected to hold a considerable regional market share over the forecast period. The country has developed rapidly over recent years. Its economic progress has brought opportunities and social benefits for UAE citizens, including increased life expectancy.
However, rapid urbanization and modernization have contributed to the growing prevalence of ocular diseases, which is expected to drive market demand. Furthermore, the increasing number of ophthalmology conferences conducted in the country is expected to drive market growth during the forecast period.
For instance, the World Eye and Vision Congress of December 2019 comprised workshops and symposiums on ophthalmology. Such conferences are expected to increase awareness about the usage of ophthalmic eye droppers. Therefore, growing awareness and receptiveness toward the adoption of ophthalmic eye droppers is expected to boost the market over the coming years.
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Our clientele includes a mix of ophthalmic eye droppers market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the UAE ophthalmic eye droppers market , including forecasts for subscribers. This country databook contains high-level insights into UAE ophthalmic eye droppers market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UAE ophthalmic eye droppers market size, by type, 2018-2030 (US$M)
UAE Ophthalmic Eye Droppers Market Outlook Share, 2023 & 2030 (US$M)
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