Press release
Dry Eye Disease Market Growth And Status Explored In A New Research Report 2017 - 2025
Dry Eye Disease Market
TMR envisions the global dry eye disease market to post a 4.5% CAGR during the forecast tenure 2017-2025 to be worth a US$7.7 bn by the end of 2025. In 2016, the market was valued at a US$5.0 bn. By product, the market is expected to witness anti-inflammatory drugs securing their lead in terms of revenue share. Regionally, taking into account its US$2.7 bn valuation in 2017, North America could take the driver’s seat of the market.
Technical Advancements and Promising Pipeline Products Assure Improved Growth
Growing incidence of dry eye disease is foreseen to give a strong momentum to the global market. While this could be an obvious growth factor of the market, there are other factors that could further push growth in the near future. For instance, increasing healthcare expenditure and patient awareness are expected to emerge as promising growth factors of the market. Growth of the market could also increase due to the introduction of advanced medications and diagnostic equipment.
Over the years, treatment for dry eye disease has evolved drastically with the advent of techniques that are ahead of the times. This could be evidenced by the introduction of advanced hyaluronic acid-based lubricants and lipid emulsions replacing artificial tears that include isotonic sodium chloride.
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Brands with Drug Patents Accused of Extortionately Pricing High Demand Products
Patent expiry is prognosticated to loom as a threat over market growth of players. On the other hand, exorbitant pricing may not be a good strategy to adopt for players who possess patents for their drugs. Moreover, the dearth of prescription drugs in the international dry eye disease market could hamper demand in the future years.
Nonetheless, the bandwagon of developing novel therapeutics for effective treatment of dry eye disease is prophesied to increase the popularity of the global market. Launch of new eye drops and swelling investment in drug-loaded punctal plugs and drug-eluting contact lenses could help with more opportunities in the market.
The information presented in this review is based on a TMR report, titled “Dry Eye Disease Market (Product – Artificial Tears, Anti-inflammatory (Cyclosporine, Corticosteroid, and Lifitegrast), Punctal Plugs, and Secretagogue; Distribution Channel – Hospital Pharmacies, Independent Pharmacies and Drug Stores, and Online Pharmacies) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2017 – 2025.”
The global dry eye disease market has been segmented as presented below:
Global Dry Eye Disease Market by Product
Artificial Tears
Anti-inflammatory Drugs
Cyclosporine
Corticosteroids
Lifitegrast
Punctal Plugs
Secretagogue
Global Dry Eye Disease Market by Distribution Channel
Hospital Pharmacies
Independent Pharmacies and Drug Stores
Online Pharmacies
Global Dry Eye Disease Market by Region
North America
U.S.
Canada
Europe
Germany
U.K.
France
Spain
Italy
Rest of Europe
Asia Pacific
Japan
China
India
Australia and New Zealand
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East and Africa (MEA)
GCC Countries
South Africa
Israel
Rest of MEA
Important queries related to the keyword market addressed in the report:
What is the projected value of the keyword market in 2029?
In which region is the concentration of tier 1 companies the highest?
How have the evolving regulatory policies influenced the growth of the keyword market?
How are market players expanding their footprint in the global keyword market?
Which end-use is expected to dominate the keyword market in terms of share and demand?
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About Us
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
Each TMR syndicated research report covers a different sector - such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.
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