Corticosteroid Eyedrops Market Report 2025 (Global Edition)

Global Corticosteroid Eyedrops Market Report 2025 Market Size Split by Type (Cortisone, Dexamethasone, Tobradex, Others), by Application (Adult, Children)

Corticosteroid Eyedrops Market Report Description

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Impact of Tariff Trumph on Pharmaceuticals Industry

The reintroduction of tariffs under President Trump’s “Liberation Day Tariffs” in April 2025 has created significant disruption in global pharmaceutical trade. These tariffs, ranging from 10% to 46%, specifically target pharmaceutical products, APIs (active pharmaceutical ingredients), medical packaging, and machinery from key manufacturers in China and India. This has led to increased production costs, supply chain delays, and regulatory challenges for U.S.-based pharmaceutical companies.

The tariffs have particularly impacted generic drug manufacturers, who rely heavily on APIs from China and India. Biopharmaceuticals and vaccines are also feeling the pressure, with tariffs on critical materials like bioproduction media and cold-chain packaging raising costs by up to 25%. Similarly, contract manufacturing organizations (CMOs) are grappling with the need to identify new suppliers and adjust production plans to mitigate rising costs.

Foreign governments, including the European Union, have retaliated with tariffs on U.S. pharmaceutical exports, further complicating global trade. Clinical trials are also impacted, as tariffs on drugs and diagnostic kits delay trial timelines.

Market research is increasingly crucial for navigating these challenges. By providing real-time data on API pricing, supplier reliability, and tariff impact, pharmaceutical firms can make informed decisions on sourcing, compliance, and investment strategies. This data-driven approach helps mitigate risks, optimize supply chains, and identify alternative manufacturing hubs to offset tariff-related disruptions.

Overall, market research is essential for pharmaceutical companies to adapt to the new tariff landscape, enabling them to maintain competitive advantage and navigate global trade dynamics effectively.

Corticosteroid Eyedrops Market Insights Video

Competitive Landscape of Corticosteroid Eyedrops Market

The corticosteroid eyedrops market is characterized by numerous significant companies competing for market share. To obtain a competitive advantage, these firms employ methods such as new product launches, mergers and acquisitions, collaborations, and alliances. They concentrate their efforts on research and development in order to provide novel and effective corticosteroid eyedrops to meet the market's expanding demand and competitiveness. 

April 2021, Pfizer Inc. announced the acquisition of Amplyx Pharmaceuticals, Inc., a privately owned company dedicated to the development of medicines for exhausting and life-threatening illnesses that affect people with compromised immune systems. Fosmanogepix (APX001), Amplyx's main product, is a novel analytical asset under resource for the healing of invasive fungal contaminations. Fosmanogepix has a novel mode of action that allows it to target fungal strains that are resistant to standard care medication.

(Source:www.pfizer.com/news/press-release/press-release-detail/pfizer-acquires-amplyx-pharmaceuticals)

June 2021, Prestige Consumer Healthcare Inc. paid $230 million in currencies for a portfolio of over-the-counter consumer brands from speciality pharmaceutical business Akorn Operating Co. LLC. The portfolio is distinguished by the TheraTears eye care brand, which accounts for about 80% of portfolio revenues, as well as four more products in the VMS and cough and cold segments. TheraTears is a physician-created brand with a history that dates back to the mid-1970s, when ophthalmologist Dr. Jeffrey Gilbard began research into the healing and relief of dry eyes.

(Source:ir.prestigebrands.com/news-releases/news-release-details/prestige-announces-agreement-expand-eye-care-offering)

May 2021, Bausch + Lomb announced the launch of Biotrue Hydration Boost Lubricant Eye Drops and Biotrue Micellar Eyelid Cleansing Wipes in the United States. The two treatments are preservative-free and infrequently designed with organically promoted elements to ease sickness symptoms associated with itchy, dry eyes. Biotrue® Hydration Boost Lubricant Eye Drops, which may be used with soft contact lenses*, provide instant hydration and relief for irritated, dry eyes.

(Source:eyewire.news/articles/bausch-lomb-launches-biotrue-hydration-boost-lubricant-eye-drops-and-biotrue-micellar-eyelid-cleansing-wipes/?c4src=article:infinite-scroll)

Top Companies Market Share in Corticosteroid Eyedrops Industry: (In no particular order of Rank)

• APfizer Inc.
• Novartis AG
• AbbVie
• Inc.
• Bristol-Myers Squibb Company
• Bausch Health Companies Inc.
• Cipla Ltd.
• Glenmark Pharmaceuticals Ltd.
• Ajanta Pharma Ltd.
• Sunways Group
• Oxurion NV
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

The North America Corticosteroid Eyedrops Market Dominate the Largest Share of Global Market

According to Cognitive Market Research, because of the rising adoption of steroidal drugs in the area, North America is predicted to account for the biggest revenue share in the worldwide market. Rising diabetes incidence, an aging population and consequent age-related vision disorders, an increase in infections and injuries, and increased awareness about preventive treatment for eye disorders are some of the key factors expected to drive revenue growth in the region.

According to Cognitive Market Research, healthcare system in the United States is widely renowned for its high expenditures and modern infrastructure. Regulations and insurance policies govern the care regimes of care centres and hospitals. The United States' government and regulatory authorities are implementing a variety of cost-effective solutions to minimize their healthcare burden. Furthermore, as bacterial and viral illnesses become more common, the demand for ophthalmic eye drops rises.

The Asia Pacific region is expected to have the quickest growth in the corticosteroid eyedrops market due to factors such as rising frequency of eye illnesses, developing healthcare infrastructure, improved education about eye health, and an expanding senior population. These factors contribute to the region's increased demand for corticosteroid eyedrops, resulting in its expected rise.

The current report Scope analyzes Corticosteroid Eyedrops Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Switzerland, Luxembourg, Rest of Europe)
• Asia Pacific (China, Japan, South Korea, India, Australia, Singapore, Taiwan, South East Asia, Rest of APAC)
• Latin America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East (Saudi Arabia, Turkey, UAE, Egypt, Qatar, Rest of Middle East)
• Africa (Nigeria, South Africa, Rest of Africa)

The above graph is for illustrative purposes only.

Corticosteroid Eyedrops Market Analysis

Type Segment Analysis

According to Cognitive Market Research, the dexamethasone segment is predicted to contribute for the majority of revenue. Dexamethasone decreases swelling, redness, and itching sensations and is frequently used to treat eye disorders caused bya injury or inflammation. Dexamethasone also helps to relieve eye irritation and burning caused by chemicals, heat, radiation, or foreign substances in the eyes. As a result, dexamethasone is increasingly being prescribed to treat and prevent irreversible eye damage, and it is likely to contribute to market revenue growth in the future. 

The cortisone sector is a significant contributor to the Corticosteroid Eyedrops Market. Cortisone, a kind of corticosteroid, is often used in eyedrops to treat a variety of eye disorders, including inflammation, allergies, and some types of infections. Corticosteroid eyedrops, which include cortisone, have anti-inflammatory characteristics and aid in the reduction of swelling, redness, and itching in the eyes. They are frequently given by doctors to provide comfort and enhance eye health.

• Cortisone
• Dexamethasone
• Tobradex
• Others

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Corticosteroid Eyedrops Industry. Request a Free Sample PDF!

Application Segment Analysis

Over the projected period, the adult category is predicted to have considerable revenue increase. The increased frequency of eye illnesses such as age-related macular degeneration, vision impairment, and diabetic retinopathy in the elderly population are some of the primary causes driving demand for corticosteroid eye drops among adults. This is predicted to considerably contribute to the segment's revenue growth.

According to Cognitive Market Research, children's market is a significant part of the overall business. Catering directly to youngsters is critical when it comes to various products and services. In the example of the industry you described, focusing on children guarantees that their specific requirements and preferences are addressed. Specialized products, child-friendly packaging, and age-appropriate marketing methods are examples of this. Businesses may easily grab the interest and allegiance of young consumers and their parents by concentrating on the children sector.

• Adult
• Children

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Author's Detail

Manjiri Kanhere

Senior Research Associate at Cognitive Market Research

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Manjiri Kanhere is an experienced market researcher focused on the Pharma & Healthcare industry. With over 3+ years of experience, She has worked with major pharmaceutical companies and healthcare providers, helping them to understand market trends, identify new business opportunities, and develop effective sales & marketing strategies. Her expertise lies in the ability to analyze complex data sets and deliver insights that drive business decisions. At Cognitive Market Research, she handles the market research related to Pharma and healthcare industry.

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