Rise in Eye-Related diseases, Drive the Growth of Eye-Drop and Lubricants Market | Forecast 2023

The eye drops are saline ophthalmic preparations, administered by the eye in the eyes. They may contain steroids, beta-receptor blockers, sympathomimetics, prostaglandins, antifungals, antibiotics, topical parasympathomimetic anesthetics and non-steroidal anti-inflammatory drugs that depend on their drug category. In addition, some eye drops act as lubricants or replacement solutions for tears, which provide relaxing sensations to the eyes.

Factors such as the increase in the prevalence of diseases related to the eyes, the high adoption of digital devices and the increase in geriatric populations drive market growth. In addition, rapid technological advances and increased awareness of eye drops and lubricants drive market growth. However, it is expected that the increase in labor and procedural costs and inadequate sterilization procedures will limit the market.

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According to the type, the market for eye drops and lubricants is segmented into antibiotics, hormones, artificial tears and others. According to the application, the market is classified as eye diseases, vision care and others. By geography, it is analyzed in North America, Europe, Asia-Pacific and LAMEA.

Major Companies:
• Bausch Lomb
• Abbott Laboratories
• Clear Eyes
• Sager Pharma
• Alcon, Inc.
• Allergan, Inc.
• Rohto Pharmaceutical Co, Ltd
• Similasan
• Thera Tears
• Johnson & Johnson Services

Key Benefits of Eye-Drop and Lubricants Market:

• The study provides an in-depth market analysis of eye drops and lubricants, with current trends and future estimates to elucidate investment pools.

• It provides a comprehensive analysis of the factors that drive and restrict market growth.

• The report offers a quantitative analysis to help stakeholders capitalize on prevailing market opportunities.

• The extensive analysis of the different segments facilitates the determination of various products available in the market.

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