Ophthalmic Drugs Contract Manufacturing Market Size
Market Size in USD Bn
CAGR12.9%
| Study Period | 2025-2032 |
| Base Year of Estimation | 2024 |
| CAGR | 12.9% |
| Market Concentration | High |
| Major Players | Catalent, Recipharm, Akorn, Pillar5 Pharma, Sterling Pharmaceutical Services and Among Others |
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Ophthalmic Drugs Contract Manufacturing Market Analysis
The ophthalmic drugs contract manufacturing market is estimated to be valued at USD 1.81 billion in 2025 and is expected to reach USD 4.23 billion by 2032, growing at a compound annual growth rate (CAGR) of 12.9% from 2025 to 2032. This consistent growth can be attributed to the rising prevalence of ophthalmic disorders like cataracts, diabetic retinopathy, and glaucoma.
The market is expected to witness significant growth over the forecast period due to increasing outsourcing of ophthalmic drug manufacturing by pharmaceutical companies. Growing geriatric population susceptible to age-related eye disorders will also drive the demand for contracted ophthalmic drug manufacturing services. Overall growth in the pharmaceutical industry and focus on core competencies are compelling drug makers to rely more on CMOs for their manufacturing needs.