South & Central America Dry Eye Products Market Forecast to 2031 - Regional Analysis - by Product (Artificial Tears, Anti-Inflammatory Drugs, Punctal Plugs, Secretagogues, Oral Omega Supplements, and Others), Dosage Form (Eye Drops, Gel, Capsules and Tablets, and Others), Type (OTC and Prescription), and Distribution Channel (Retail Pharmacy, Hospital Pharmacy, and Online Pharmacy)
The South & Central America dry eye products market was valued at US$ 255.13 million in 2023 and is expected to reach US$ 316.84 million by 2031; it is estimated to register a CAGR of 2.7% from 2023 to 2031.
Increasing Initiatives for Eye Care Awareness Fuel South & Central America Dry Eye Products Market
In recent years, various initiatives have been taken to create awareness and educate people regarding eye diseases, prompting patients to access suitable medications and treatments. ABP focuses on moderate to severe vision damage caused by glaucoma and retinal conditions that are responsible for a large proportion of preventable blindness.
The International Agency for the Prevention of Blindness (IAPB) launched the global campaign named “Love Your Eyes” in 2022 to raise awareness of the socioeconomic importance of eye health. The campaign calls upon governments and global institutions to support eye health. The IAPB emphasizes programs and initiatives in India and the world, which promptly focus on offering accessible, available, and affordable eye care. The “Love Your Eyes” program also calls for regulation changes and funding to make eye care accessible, available, and affordable by 2030.
Thus, increasing funds for eyecare research and rising initiatives to spread awareness about eye care are likely to create new opportunities in the dry eye product market in the coming years.
South & Central America Dry Eye Products Market Overview
The dry eye products market in South & Central America is segmented into Brazil, Argentina, and the Rest of South & Central America. Brazil holds a major market share in this region, and it is further expected to record the highest CAGR during the forecast period. Market growth in the region can be attributed to the increasing prevalence of dry eye disease, surging healthcare expenditure, rising prevalence of diabetes, and ongoing research studies on eye diseases. Brazil has the largest population among all countries in South & Central America. According to the study “Brazil facing ageing population challenges,” published in November 2023, the number of people aged 65 or more has increased by 57% from 2010 to 2022, reaching 22.2 million in 2022 from 14.1 million in 2010. Population aging can be associated with the burgeoning demand for dry eye products in this country. Further, the study “Prevalence and associated risk factors for dry eye disease among Brazilian undergraduate students,” published in November 2021, was conducted to evaluate the prevalence of dry eye disease in young students in Brazil. The study concluded that dry eye disease and its associated risk factors are more prevalent in undergraduate students as compared to people over 40 years of age in the country. Thus, increasing eye health awareness and surging prevalence of dry eye disease are creating a positive environment for the growth of the dry eye disease products market in the country.
South & Central America Dry Eye Products Market Revenue and Forecast to 2031 (US$ Million)
South & Central America Dry Eye Products Market Segmentation
The South & Central America dry eye products market is categorized into product, dosage form, type, distribution channel, and country.
Based on product, the South & Central America dry eye products market is segmented into artificial tears, anti-inflammatory drugs, punctal plugs, secretagogues, oral omega supplements, and others. The artificial tears segment held the largest South & Central America dry eye products market share in 2023. Furthermore, the anti-inflammatory drugs segment is subcategorized into cyclosporine, corticosteroid, and others. Additionally, the punctal plugs segment is subsegmented into dissolvable and removable.
In terms of dosage form, the South & Central America dry eye products market is segmented into eye drops, gel, capsules and tablets, and others. The eye drops segment held the largest South & Central America dry eye products market share in 2023.
By type, the South & Central America dry eye products market is bifurcated into OTC and prescription. The OTC segment held a larger South & Central America dry eye products market share in 2023.
Based on distribution channel, the South & Central America dry eye products market is categorized into retail pharmacy, hospital pharmacy, and online pharmacy. The retail pharmacy segment held the largest South & Central America dry eye products market share in 2023.
Based on country, the South & Central America dry eye products market is categorized into Brazil, Argentina, and the Rest of South & Central America. Brazil dominated the South & Central America dry eye products market share in 2023.
Santen Pharmaceutical Co Ltd, Johnson & Johnson, OASIS Medical, URSAPHARM Arzneimittel GmbH, Rohto Pharmaceutical Co Ltd, OCuSOFT Inc, Bausch Health Companies Inc, AbbVie Inc, Farmigea SpA, and Alcon AG are some of the leading companies operating in the South & Central America dry eye products market.
1. Introduction
1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. South & Central America Dry Eye Products Market – Key Market Dynamics
4.1 South & Central America Dry Eye Products Market – Key Market Dynamics
4.2 Market Drivers
4.2.1 Rising Prevalence of Dry Eye
4.2.2 Upsurge in Geriatric Population
4.3 Market Restraints
4.3.1 Side Effects of Eye Drops and Product Recalls
4.4 Market Opportunities
4.4.1 Increasing Initiatives for Eye Care Awareness
4.5 Future Trends
4.5.1 Ongoing Research and Growing Pipeline for Dry Eye Products
4.6 Impact of Drivers and Restraints:
5. Dry Eye Products Market – South & Central America Analysis
5.1 South & Central America Dry Eye Products Market Revenue (US$ Million), 2021–2031
6. South & Central America Dry Eye Products Market Analysis – by Product
6.1 Overview
6.2 Artificial Tears
6.2.1 Overview
6.2.2 Artificial Tears: South & Central America Dry Eye Products Market – Revenue and Forecast to 2031 (US$ Million)
6.3 Anti-Inflammatory Drugs
6.3.1 Overview
6.3.2 Anti-Inflammatory Drugs: South & Central America Dry Eye Products Market – Revenue and Forecast to 2031 (US$ Million)
6.3.2.1 South & Central America Dry Eye Products Market – Revenue and Forecast to 2031 (US$ Million) – by Anti-inflammatory Drugs
6.4 Punctal Plugs
6.4.1 Overview
6.4.2 Punctal Plugs: South & Central America Dry Eye Products Market – Revenue and Forecast to 2031 (US$ Million)
6.4.2.1 South & Central America Dry Eye Products Market – Revenue and Forecast to 2031 (US$ Million) – by Punctal Plugs
6.5 Secretagogues
6.5.1 Overview
6.5.2 Secretagogues: South & Central America Dry Eye Products Market – Revenue and Forecast to 2031 (US$ Million)
6.6 Oral Omega Supplements
6.6.1 Overview
6.6.2 Oral Omega Supplements: South & Central America Dry Eye Products Market – Revenue and Forecast to 2031 (US$ Million)
6.7 Others
6.7.1 Overview
6.7.2 Others: South & Central America Dry Eye Products Market – Revenue and Forecast to 2031 (US$ Million)
7. South & Central America Dry Eye Products Market Analysis – by Dosage Form
7.1 Overview
7.2 Eye Drops
7.2.1 Overview
7.2.2 Eye Drops: South & Central America Dry Eye Products Market – Revenue and Forecast to 2031 (US$ Million)
7.3 Gels
7.3.1 Overview
7.3.2 Gels: South & Central America Dry Eye Products Market – Revenue and Forecast to 2031 (US$ Million)
7.4 Capsules and Tablets
7.4.1 Overview
7.4.2 Capsules and Tablets: South & Central America Dry Eye Products Market – Revenue and Forecast to 2031 (US$ Million)
7.5 Others
7.5.1 Overview
7.5.2 Others: South & Central America Dry Eye Products Market – Revenue and Forecast to 2031 (US$ Million)
8. South & Central America Dry Eye Products Market Analysis – by Type
8.1 Overview
8.2 OTC
8.2.1 Overview
8.2.2 OTC: South & Central America Dry Eye Products Market – Revenue and Forecast to 2031 (US$ Million)
8.3 Prescription
8.3.1 Overview
8.3.2 Prescription: South & Central America Dry Eye Products Market – Revenue and Forecast to 2031 (US$ Million)
9. South & Central America Dry Eye Products Market Analysis – by Distribution Channel
9.1 Overview
9.2 Retail Pharmacies
9.2.1 Overview
9.2.2 Retail Pharmacies: South & Central America Dry Eye Products Market – Revenue and Forecast to 2031 (US$ Million)
9.3 Hospital Pharmacies
9.3.1 Overview
9.3.2 Hospital Pharmacies: South & Central America Dry Eye Products Market – Revenue and Forecast to 2031 (US$ Million)
9.4 Online Pharmacies
9.4.1 Overview
9.4.2 Online Pharmacies: South & Central America Dry Eye Products Market – Revenue and Forecast to 2031 (US$ Million)
10. South & Central America Dry Eye Products Market – Country Analysis
10.1 South and Central America
10.1.1 South and Central America: Dry Eye Products Market – Revenue and Forecast Analysis – by Country
10.1.1.1 Brazil: Dry Eye Products Market – Revenue and Forecast to 2031 (US$ Million)
10.1.1.1.1 Overview
10.1.1.1.2 Brazil: Dry Eye Products Market – Revenue and Forecast to 2031 (US$ Million)
10.1.1.1.3 Brazil: Dry Eye Products Market Breakdown, by Product
10.1.1.1.3.1 Brazil: Dry Eye Products Market Breakdown, by Anti-inflammatory Drugs
10.1.1.1.3.2 Brazil: Dry Eye Products Market Breakdown, by Punctal Plugs
10.1.1.1.4 Brazil: Dry Eye Products Market Breakdown, by Dosage Form
10.1.1.1.5 Brazil: Dry Eye Products Market Breakdown, by Type
10.1.1.1.6 Brazil: Dry Eye Products Market Breakdown, by Distribution Channel
10.1.1.2 Argentina: Dry Eye Products Market – Revenue and Forecast to 2031 (US$ Million)
10.1.1.2.1 Overview
10.1.1.2.2 Argentina: Dry Eye Products Market – Revenue and Forecast to 2031 (US$ Million)
10.1.1.2.3 Argentina: Dry Eye Products Market Breakdown, by Product
10.1.1.2.3.1 Argentina: Dry Eye Products Market Breakdown, by Anti-inflammatory Drugs
10.1.1.2.3.2 Argentina: Dry Eye Products Market Breakdown, by Punctal Plugs
10.1.1.2.4 Argentina: Dry Eye Products Market Breakdown, by Dosage Form
10.1.1.2.5 Argentina: Dry Eye Products Market Breakdown, by Type
10.1.1.2.6 Argentina: Dry Eye Products Market Breakdown, by Distribution Channel
10.1.1.3 Rest of South and Central America: Dry Eye Products Market – Revenue and Forecast to 2031 (US$ Million)
10.1.1.3.1 Overview
10.1.1.3.2 Rest of South and Central America: Dry Eye Products Market – Revenue and Forecast to 2031 (US$ Million)
10.1.1.3.3 Rest of South and Central America: Dry Eye Products Market Breakdown, by Product
10.1.1.3.3.1 Rest of South and Central America: Dry Eye Products Market Breakdown, by Anti-inflammatory Drugs
10.1.1.3.3.2 Rest of South and Central America: Dry Eye Products Market Breakdown, by Punctal Plugs
10.1.1.3.4 Rest of South and Central America: Dry Eye Products Market Breakdown, by Dosage Form
10.1.1.3.5 Rest of South and Central America: Dry Eye Products Market Breakdown, by Type
10.1.1.3.6 Rest of South and Central America: Dry Eye Products Market Breakdown, by Distribution Channel
11. Industry Landscape
11.1 Overview
11.2 Growth Strategies in the Dry Eye Products Market
11.3 Organic Growth Strategies
11.3.1 Overview
11.4 Inorganic Growth Strategies
11.4.1 Overview
12. Company Profiles
12.1 Santen Pharmaceutical Co Ltd
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Johnson & Johnson
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 OASIS Medical
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 URSAPHARM Arzneimittel GmbH
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Rohto Pharmaceutical Co Ltd
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 OCuSOFT Inc.
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Bausch Health Companies Inc
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 AbbVie Inc
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Farmigea SpA
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 Alcon AG
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Glossary of Terms
List of Tables
Table 1. South & Central America Dry Eye Products Market Segmentation
Table 2. South & Central America Dry Eye Products Market – Revenue and Forecast to 2031 (US$ Million) – by Anti-inflammatory Drugs
Table 3. South & Central America Dry Eye Products Market – Revenue and Forecast to 2031 (US$ Million) – by Punctal Plugs
Table 4. Brazil: Dry Eye Products Market – Revenue and Forecast to 2031(US$ Million) – by Product
Table 5. Brazil: Dry Eye Products Market – Revenue and Forecast to 2031(US$ Million) – by Anti-inflammatory Drugs
Table 6. Brazil: Dry Eye Products Market – Revenue and Forecast to 2031(US$ Million) – by Punctal Plugs
Table 7. Brazil: Dry Eye Products Market – Revenue and Forecast to 2031(US$ Million) – by Dosage Form
Table 8. Brazil: Dry Eye Products Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 9. Brazil: Dry Eye Products Market – Revenue and Forecast to 2031(US$ Million) – by Distribution Channel
Table 10. Argentina: Dry Eye Products Market – Revenue and Forecast to 2031(US$ Million) – by Product
Table 11. Argentina: Dry Eye Products Market – Revenue and Forecast to 2031(US$ Million) – by Anti-inflammatory Drugs
Table 12. Argentina: Dry Eye Products Market – Revenue and Forecast to 2031(US$ Million) – by Punctal Plugs
Table 13. Argentina: Dry Eye Products Market – Revenue and Forecast to 2031(US$ Million) – by Dosage Form
Table 14. Argentina: Dry Eye Products Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 15. Argentina: Dry Eye Products Market – Revenue and Forecast to 2031(US$ Million) – by Distribution Channel
Table 16. Rest of South and Central America: Dry Eye Products Market – Revenue and Forecast to 2031(US$ Million) – by Product
Table 17. Rest of South and Central America: Dry Eye Products Market – Revenue and Forecast to 2031(US$ Million) – by Anti-inflammatory Drugs
Table 18. Rest of South and Central America: Dry Eye Products Market – Revenue and Forecast to 2031(US$ Million) – by Punctal Plugs
Table 19. Rest of South and Central America: Dry Eye Products Market – Revenue and Forecast to 2031(US$ Million) – by Dosage Form
Table 20. Rest of South and Central America: Dry Eye Products Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 21. Rest of South and Central America: Dry Eye Products Market – Revenue and Forecast to 2031(US$ Million) – by Distribution Channel
Table 22. Recent Organic Growth Strategies in the Dry Eye Products Market
Table 23. Recent Inorganic Growth Strategies in the Dry Eye Products Market
Table 24. Glossary of Terms
List of Figures
Figure 1. South & Central America Dry Eye Products Market Segmentation, by Country
Figure 2. Impact Analysis of Drivers and Restraints
Figure 3. South & Central America Dry Eye Products Market Revenue (US$ Million), 2021–2031
Figure 4. Dry Eye Products Market Share (%) – by Product (2023 and 2031)
Figure 5. Artificial Tears: South & Central America Dry Eye Products Market – Revenue and Forecast to 2031 (US$ Million)
Figure 6. Anti-Inflammatory Drugs: South & Central America Dry Eye Products Market – Revenue and Forecast to 2031 (US$ Million)
Figure 7. Punctal Plugs: South & Central America Dry Eye Products Market – Revenue and Forecast to 2031 (US$ Million)
Figure 8. Secretagogues: South & Central America Dry Eye Products Market – Revenue and Forecast to 2031 (US$ Million)
Figure 9. Oral Omega Supplements: South & Central America Dry Eye Products Market – Revenue and Forecast to 2031 (US$ Million)
Figure 10. Others: South & Central America Dry Eye Products Market – Revenue and Forecast to 2031 (US$ Million)
Figure 11. South & Central America Dry Eye Products Market Share (%) – by Dosage Form (2023 and 2031)
Figure 12. Eye Drops: South & Central America Dry Eye Products Market – Revenue and Forecast to 2031 (US$ Million)
Figure 13. Gels: South & Central America Dry Eye Products Market – Revenue and Forecast to 2031 (US$ Million)
Figure 14. Capsules and Tablets: South & Central America Dry Eye Products Market – Revenue and Forecast to 2031 (US$ Million)
Figure 15. Others: South & Central America Dry Eye Products Market – Revenue and Forecast to 2031 (US$ Million)
Figure 16. South & Central America Dry Eye Products Market Share (%) – by Type (2023 and 2031)
Figure 17. OTC: South & Central America Dry Eye Products Market – Revenue and Forecast to 2031 (US$ Million)
Figure 18. Prescription: South & Central America Dry Eye Products Market – Revenue and Forecast to 2031 (US$ Million)
Figure 19. Dry Eye Products Market Share (%) – by Distribution Channel (2023 and 2031)
Figure 20. Retail Pharmacies: South & Central America Dry Eye Products Market – Revenue and Forecast to 2031 (US$ Million)
Figure 21. Hospital Pharmacies: South & Central America Dry Eye Products Market – Revenue and Forecast to 2031 (US$ Million)
Figure 22. Online Pharmacies: South & Central America Dry Eye Products Market – Revenue and Forecast to 2031 (US$ Million)
Figure 23. South and Central America: Dry Eye Products Market, by Key Country – Revenue (2023) (US$ Million)
Figure 24. South and Central America: Dry Eye Products Market Breakdown, by Key Countries, 2023 and 2031 (%)
Figure 25. Brazil: Dry Eye Products Market – Revenue and Forecast to 2031(US$ Million)
Figure 26. Argentina: Dry Eye Products Market – Revenue and Forecast to 2031(US$ Million)
Figure 27. Rest of South and Central America: Dry Eye Products Market – Revenue and Forecast to 2031(US$ Million)
Figure 28. Growth Strategies in the Dry Eye Products Market
- Santen Pharmaceutical Co Ltd
- Johnson & Johnson
- OASIS Medical
- URSAPHARM Arzneimittel GmbH
- Rohto Pharmaceutical Co Ltd
- OCuSOFT Inc.
- Bausch Health Companies Inc
- AbbVie Inc
- Farmigea SpA
- Alcon AG
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the South & Central America dry eye products market.
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- Scrutinize in-depth South & Central America market trends and outlook coupled with the factors driving the South & Central America dry eye products market, as well as those hindering it.
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