Segments - Chronic Ocular Surface Pain Market by Drug Class (Corticosteroids, Antibiotics, Nonsteroidal Anti-inflammatory (NSAID), and Others), Application (Sinusitis, Migraines, Glaucoma, and Others), End-user (Hospitals, Homecare, Specialty Clinics, and Others), and Distribution Channel (Online Pharmacy, Hospitals Pharmacy, Retail Pharmacy, and Others), and Region (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2024–2032
The global chronic ocular surface pain market size was USD 198.5 Million in 2023 and is projected to reach USD 270.54 Million by 2032, expanding at a CAGR of 3.5% during 2024–2032. The market growth is attributed to the high prevalence of lifestyle-related ocular.
Growing geriatric population is resulting in high utilization of chronic ocular surface pain treatment for their various eye condition, thereby boosting the market. The increasing life expectancy globally is contributing to a high number of elderly individuals requiring ocular care. This demographic shift and massive patient pool underscores the need for specialized treatments and long-term pain management solutions. Furthermore, the rising awareness and education campaigns about ocular health and chronic ocular surface pain further boosts the market.
According to the report published by the WHO, the global population of individuals aged 60 and above is projected to reach 2.1 billion by the year 2050.
The use of artificial intelligence is likely to boost the Chronic Ocular Surface Pain market. AI-driven telemedicine platforms facilitate remote consultations, enhancing accessibility to specialized care for patients in underserved regions. Additionally, AI-enabled robotic surgical systems assist ophthalmic surgeons in performing intricate procedures with unprecedented precision, minimizing the risk of complications and accelerating patient recovery times.
Increasing prevalence of chronic ocular conditions is anticipated to drive the market during the forecast period. Conditions, such as dry eye disease, blepharitis, and meibomian gland dysfunction are becoming common due to factors, including aging populations and higher screen time. This rise in chronic ocular conditions leads to a higher demand for effective pain management therapies. Furthermore, the growing awareness about managing chronic ocular pain intensifies further boosts the market.
According to the report published by the National Library of Medicine on January 11, 2023, dry Eye Disease (DED) stands out as one of the most widespread eye conditions, impacting millions of individuals worldwide. Its prevalence varies globally, ranging from 5% to 50%, contingent upon the geographic region.
High cost of treatment is expected to hamper the market during the forecast period. Specialized treatments, advanced diagnostic tools, and long-term management strategies are often expenses. Furthermore, the limited awareness about chronic ocular surface pain and its management further hinders the market.
Surging advancements in medical technology are expected to create immense opportunities for the players competing in the market. Manufacturing is focusing on innovations, such as improved diagnostic devices, minimally invasive procedures, and novel therapeutic approaches to enhance the effectiveness and accessibility of treatment. These technological advancements enable accurate diagnosis, better monitoring of disease progression, and effective pain relief options. Furthermore, the high demand for innovative chronic ocular surface pain treatments further propels the market.
The market report includes an assessment of the market trends, segments, and regional markets. Overview and dynamics are included in the report.
Attributes |
Details |
Report Title |
Chronic Ocular Surface Pain Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
Base Year |
2023 |
Historic Data |
2017 -2022 |
Forecast Period |
2024–2032 |
Segmentation |
Drug Class (Corticosteroids, Antibiotics, Nonsteroidal Anti-inflammatory (NSAID), and Others), Application (Sinusitis, Migraines, Glaucoma, and Others), End-user (Hospitals, Homecare, Specialty Clinics, and Others), and Distribution Channel (Online Pharmacy, Hospitals Pharmacy, Retail Pharmacy, and Others) |
Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, Market Trends, and Revenue Forecast |
Key Players Covered in the Report |
AstraZeneca; F. Hoffmann-La Roche Ltd; GSK plc; Johnson & Johnson Services, Inc; Merck KGaA; Novartis AG; OKYO Pharma; Pfizer Inc; Sanofi; Sun Pharmaceutical Industries Ltd; and Viatris Inc |
In terms of region, the global chronic ocular surface pain market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America held a major market share in 2023, due to the region’s robust research and development activities and the presence of leading pharmaceutical companies to support the availability and adoption of innovative treatments. Additionally, increased awareness and proactive healthcare practices contributed to early diagnosis and effective management of ocular pain, thereby boosting the market.
The market in Asia Pacific is projected to grow at a significant pace in the years to come, owing to the rising demand for chronic ocular surface pain treatments. The presence of a large and aging population, particularly in countries, including China and India creates demand for chronic ocular surface pain treatments. Furthermore, the expanding healthcare access, and government initiatives to enhance healthcare services further propel the market in this region.
Based on drug class, the chronic ocular surface pain market is divided into corticosteroids, antibiotics, nonsteroidal anti-inflammatory (NSAID), and others. The antibiotics segment is expected to expand at a significant growth rate in the coming years, due to the development of targeted therapies with improved efficacy and safety profiles.
Antibiotics, which include monoclonal antibodies and other complex molecules, help manage severe cases of chronic ocular pain that do not respond well to traditional treatments. Furthermore, increasing investment in research and clinical trials for biologics their potential to provide long-term relief and fewer side effects, is likely to propel their adoption in the coming years.
On the basis of application, the global market is segregated into sinusitis, migraines, glaucoma, and others. The glaucoma segment is anticipated to grow at a substantial CAGR during the forecast period, due to the high prevalence of glaucoma impacting the disease on patients' quality of life.
Glaucoma management often involves long-term treatment plans to control intraocular pressure and alleviate associated pain. The chronic nature of the condition and the need for continuous care creating demand for effective pain management solutions. Furthermore, the growing number of adults suffering with glaucoma further boosts the market during the forecast period.
As per the report published by the Glaucoma Research Foundation on March 23, 2022, there are an estimated 80 million individuals worldwide living with glaucoma.
Based on end-user, the chronic ocular surface pain market is segmented into hospitals, homecare, specialty clinics, and others. The hospitals segment led the market in terms of revenue in 2023, as they offer specialized care focused on specific eye conditions and personalized patient management. Furthermore, the growing preference for specialized care and the expertise available in these hospitals further attract patients seeking effective management of chronic ocular surface pain. These all factors are contributing to boosting the segment in the coming years.
The specialty clinics segment is projected to register a robust growth rate during the assessment years, owing to their direct access to patients receiving treatment. These clinics ensure timely availability of prescribed medications and offer professional guidance on drug usage and management. Moreover, their integration within the hospital ecosystem facilitates comprehensive care, making them a preferred choice for patients and further fuels the segment.
On the basis of distribution channel, the market is divided into online pharmacy, hospitals pharmacy, retail pharmacy, and others. The online pharmacies segment is expected to lead the market in terms of revenue during the projection period, owing to the increasing adoption of e-commerce and digital health solutions.
Convenience, competitive pricing, and a broad range of available products make online pharmacies an attractive option for patients managing chronic conditions. Furthermore, the growing trend of digital health and the expansion of online healthcare services further propels the segment during the forecast period.
The Chronic Ocular Surface Pain market has been segmented on the basis of
Key players competing in the global Chronic Ocular Surface Pain market are AstraZeneca; F. Hoffmann-La Roche Ltd; GSK plc; Johnson & Johnson Services, Inc; Merck KGaA; Novartis AG; OKYO Pharma; Pfizer Inc; Sanofi; Sun Pharmaceutical Industries Ltd; and Viatris Inc
These companies use development strategies including mergers, acquisitions, partnerships, collaboration, and product launches to expand their consumer base worldwide. For instance,
On February 9, 2024, OKYO Pharma, Limited, announced FDA approval for OK-101 in treating Neuropathic Corneal Pain (NCP). This drug is tailored to address the unmet medical need for NCP sufferers. Additionally, OK-101 is poised to undergo placebo-controlled, randomized, double-masked Phase 2 clinical trials, with trials anticipated to commence in the second quarter of 2024.