Global Dry Eye Syndrome Treatment Market In-Depth Insight Of Sales Analysis, Growth Forecast with top player analysis like Novartis, Allergan, Alcon, Santen, Otsuka Pharmaceutical Companies (U.S.), Nicox, Argentis, Auven Therapeutics, Bridge Pharma, Inc.
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The global dry eye syndrome treatment market accounted for USD 3.42 billion in 2016 growing at a CAGR of 6.9% during the forecast period of 2017 to 2024.
Top players of Global Dry Eye Syndrome Treatment Market:
• Novartis AG,
• Alcon (a subsidiary of Novartis AG),
• Santen Pharmaceutical Co., Ltd.,
• Otsuka Holdings Co., Ltd,
• Auven Therapeutics,
• Bridge Pharma Inc.,
• Cellzome GmbH (a subsidiary of GlaxoSmithkline Group),
• Scope Ophthalmics Ltd.,
• Reckitt Benckiser Group plc.,
• Medicom Healthcare,
• Lupin Pharmaceuticals, Inc. ,
• Jamjoom Pharmaceuticals Co.
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On the basis of products, the market for dry eye syndrome treatment is segmented into
• Nutritional supplements,
• Serum eye drops,
• Lubricant eye drops,
• Anti inflammatory drugs,
The lubricant eye drops are further sub-segmented into oily tear eye drops ointments, and preservative free eye drops.
On the basis of distribution channels the global dry eye syndrome treatment market is segmented into
• Hospital pharmacies,
• Eye health clinics,
• Retail pharmacies,
• Online pharmacies.
Among which retail pharmacies dominates the overall market.
On the basis of end users, the global dry eye syndrome treatment market is segmented into
On the basis of geography
• North America,
• South America,
• Middle East & Africa.
Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
North America and Europe will collectively dominate the market throughout the forecast period; however, the individual revenue share will incur a marginal decline towards the latter half of the forecast period. Due to rising pollution levels and proximity of industrial contamination, the demand for dry eye syndrome treatment will significantly increase in Asia-Pacific.
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Major market drivers and restraints:
• Growing prevalence of dry eye syndrome among geriatric population
• Increasing number of life style diseases
• Rising geriatric population
• Growing awareness about the syndrome and rising demand for the treatment
• Increasing research and development activities
• Involvement of government health authorities
• Self-medication by patients
The dry eye syndrome treatment market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of dry eye syndrome treatment market for global, Europe, North America, Asia Pacific, and South America.
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