Press release
Dry Eye Syndrome Treatment Market Growth Analysis By Top Key Players: Novartis AG, Allergan plc., Otsuka Holdings Co., Ltd., Santen Pharmaceutical Co., Ltd., Nicox S.A. and more
Dry eye syndrome is caused by the inadequate formation of tears that evaporate too quickly or the lack of tears to enrich and nourish the eyes. If left untreated, this condition can cause pain, ulcers, scarring of the cornea, and poor vision.The global market for dry eye syndrome is caused by an increase in the prevalence of dry eye syndrome, an increase in the elderly population, an increased awareness of disease diagnosis and treatment, and increased use of contact lenses. However, stringent regulatory procedures for drug approval and lack of skilled ophthalmologists inhibit market growth. Conversely, in emerging economies in the Asia-Pacific and LAMEA regions, government funding and the presence of undeveloped markets are expected to provide numerous opportunities for market growth during the forecast period.
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The key market players profiled in the report are
• Novartis AG
• Allergan plc.
• Otsuka Holdings Co. Ltd.
• Santen Pharmaceutical Co. Ltd.
• Nicox S.A.
• Auven Therapeutics
• Akorn Inc.
• Bausch & Lomb Incorporated
• Alimera Science
• GlaxoSmithKline plc.
The report segments global dry eye syndrome treatment market on the basis of type of drug, product, and region. On the basis of drug, it is divided into lubricant eye drops (preservative-free drops, oily tear eye drops, and eye ointments), anti-inflammatory drugs (corticosteroid and tetracyclines oral), and autologous serum eye drops. On the basis of product, it is classified into liquid drops, gel, liquid wipes, eye ointment, and others.
The market is analyzed on the basis of region across North America (U.S, Canada and Mexico), Europe (Germany, France, UK, Italy, Spain, and rest of Europe), Asia-Pacific (Japan, China, India, Australia, South Korea and, rest of Asia-Pacific), and LAMEA (Brazil, Saudi Arabia, South Africa, and rest of LAMEA).
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Key Benefits
• The study provides an in-depth analysis of the market along with the current trends and future estimations to elucidate the imminent investment pockets.
• Comprehensive analysis of all geographical regions is provided, to determine the prevailing opportunities.
• Key players are profiled and their strategies are analysed thoroughly to determine the competitive outlook of the global market.
• The report offers a quantitative analysis from 2016 to 2023 to enable the stakeholders to capitalize on prevailing market opportunities.
• Exhaustive analysis of the global dry eye syndrome treatment market helps to determine the types of products used and the variants that are expected to gain prominence in the near future.
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Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.
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