The Dry Eye Products Market was valued at US$ 6,385.14 million in 2019 and is projected to reach US$ 9,141.01 million by 2027; it is expected to grow at a CAGR of 4% during 2021–2027.
Dry eye syndrome is a chronic syndrome that progresses depending on the cause and severity. A condition in which a person has no tears to lubricate their eyes. Tears are an essential part of maintaining eye health and providing good vision. This syndrome is common among older people and is becoming more common among people who spend long hours in front of a computer. Factors that can cause dry eye include age, medications, environmental conditions, and prolonged use of contact lenses. The condition cannot be completely cured. However, it can be managed using medical products. The dry eye products market growth is primarily attributable to the increasing incidence of dry eye syndrome and an aging population. In addition, technological developments are focused on stem cell therapies that can help treat dry eye syndrome and are expected to further propel the market growth during the forecast period. However, side effects such as blurred vision, increased sensitivity, lacrimal glands, hyperemia, eyelid swelling, stickiness of eyelashes, and discomfort caused by eye drops are limiting the growth of the market.
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Market Segments
By Product
- Artificial Tears
- Antibiotic drops
- Hormone drops
- Others
By Type
- OTC Drugs
- Prescription Drugs
Key Players
- Santen Pharmaceutical Co., Ltd
- Johnson and Johnson Services, Inc
- OASIS Medical
- URSAPHARM Arzneimittel GmbH
- ROHTO Pharmaceutical Co.,Ltd
- OCuSOFT Inc
- Bausch Health Companies Inc
- AbbVie Inc.
Scope of the Report
The research study analyzes the global Dry Eye Products industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Dry Eye Products Market Report
1. What was the Dry Eye Products Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of the Dry Eye Products Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Dry Eye Products Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Dry Eye Products market.
- The market share of the global Dry Eye Products market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Dry Eye Products market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Dry Eye Products market.
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