Press release
Dry Eye Syndrome Treatment Market Expected To Provide Numerous Opportunities for Market Growth during the Forecast Period
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 lead to pain, ulcers, scarring of the cornea, and even loss of vision.The global market for dry eye syndrome is caused by increased prevalence of dry eye syndrome, increased elderly population, increased awareness of disease diagnosis and treatment, and increased use of contact lenses. However, market regulation is hampered by strict regulatory procedures for drug approval and lack of skilled ophthalmologists.
In contrast, government funding and the presence of undeveloped markets in the emerging economies of Asia-Pacific and LAMEA regions are expected to provide many 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 categorizes the global eye dryness syndrome treatment market based on the type of drugs, products and regions. It is classified as lubricant eye drops (preservative-free eye drops, oily eye drops, eyedrops), anti-inflammatory agents (corticosteroids and tetracycline oral) and autologous serum eye drops on a drug basis.
Based on the product, it is classified as liquid drop, gel, liquid wipe, eye ointment. Asia Pacific (Japan, China, India, Australia, South America and Asia-Pacific region), LAMEA (USA, Canada and Mexico), Europe (Germany, France, UK, Italy, Spain and rest of Europe) (Brazil, Saudi Arabia, South Africa and the rest of Llama)
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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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