Dry Eye Syndrome Drugs Market Is Likely to Experience a Tremendous Growth during 2020-2025 | Analysis by Allergan, Novartis, Santen, Takeda, Otsuka, Eyegate Pharma, Cellzome

All information provided in the report is derived from trusted industrial sources. Global Dry Eye Syndrome Drugs Market research reports finds market figures between 2020 and 2025. The market will exhibit remarkable CAGRs in the aforementioned period.

Global Dry Eye Syndrome Drugs Market Overview:

The Global Dry Eye Syndrome Drugs Market is anticipated to attain substantial growth by the end of the forecast period (2020-2025). The Global Dry Eye Syndrome Drugs Market report explains that this business is predicted to register a noteworthy growth rate over the forecast period.

Major key factors driving the growth of the Global Dry Eye Syndrome Drugs Market are changing lifestyle and increasing cases of diseases. In addition, Dry eye syndrome is gaining prominence due to the changing lifestyles, consumption of specified medicines, and increased rate of diseases. Diagnostic technology advancements improve the disease diagnostic rate and cater efficiently to the ophthalmic and retinal disorders. Advanced diagnostic approaches aid in diagnosing the disease in asymptomatic dry-eye patients.

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The Global Dry Eye Syndrome Drugs Market is segmented on the basis of Type, Application and Region. Based on the Type, the Global Dry Eye Syndrome Drugs Market is sub-segmented into Antibiotic Drops, Hormone Drops, Artificial Tears and others. On the basis of Application, the Global Dry Eye Syndrome Drugs Market is classified into Hospitals, Clinics, Household Use and others.

In terms of the geographic analysis, The Dry Eye Syndrome Drugs Market in North America is expected to grow at the highest CAGR during the forecast period. Moreover, the presence of major players in the Dry Eye Syndrome Drugs Market ecosystem results in the increasing adoption of these systems in North America.

Top Medical Industry News:

Allergan (July 09, 2020) - FDA Approves Expanded BOTOX (onabotulinumtoxinA) Label for the Treatment of Pediatric Patients with Spasticity - Allergan, an AbbVie company, today announced that the U.S. Food and Drug Administration (FDA) approved a supplemental Biologics License Application (sBLA) that supports expanded use of BOTOX for the treatment of spasticity in pediatric patients 2 years of age and older, including those with lower limb spasticity caused by cerebral palsy.

This label expansion is based on Allergan and another manufacturer selectively waiving orphan exclusivity marketing rights each company held for the use of their respective neurotoxins in the treatment of pediatric patients with spasticity caused by cerebral palsy. BOTOX was first approved in June 2019 for the treatment of pediatric patients with upper limb spasticity and in October 2019 for the treatment of pediatric patients with lower limb spasticity, excluding spasticity caused by cerebral palsy. BOTOX has not been shown to improve upper extremity functional abilities, or range of motion at a joint affected by a fixed contracture.

Spasticity is a debilitating neurological condition involving muscle stiffness that can result in tight muscles in the upper and lower limbs. The severity can range from mild to severe, often interfering with normal muscular movement and function. This can result in delayed or impaired motor development, as well as difficulty with posture and positioning. Common causes of spasticity in children include cerebral palsy, traumatic brain injury, multiple sclerosis, spinal cord injury, and stroke.

"Cerebral palsy is the most common cause of pediatric spasticity, which can have a profound impact on a child's development and quality of life. With its established safety and efficacy profile, we are pleased that BOTOX can now more broadly support physicians treating pediatric spasticity," said Mitchell F. Brin, M.D., Senior Vice President, Chief Scientific Officer, BOTOX & Neurotoxins, AbbVie. "Building upon our 30 years of research and development efforts with BOTOX, our commitment to neurotoxin innovation continues, and it is particularly rewarding to bring forth new treatments to advance care for pediatric patients."

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Top Leading Key in Players Global Dry Eye Syndrome Drugs Market: Allergan, Novartis, Santen, Takeda, Otsuka, Eyegate Pharma, Can-Fite BioPharma, Bausch and Lomb, Auven Therapeutics (Celtic), Bridge Pharma, Cellzome and others. New product launches and continuous technological innovations are the key strategies adopted by the major players.

With the presence of a large pool of participants, the Global Dry Eye Syndrome Drugs Market is displaying a highly competitive business landscape, finds a new research report by Business Industry Reports (BIR). Allergan, Novartis, Santen, Takeda, Otsuka, Eyegate Pharma, Can-Fite BioPharma, Bausch and Lomb, Auven Therapeutics (Celtic), Bridge Pharma, Cellzome are some of the key vendors of Dry Eye Syndrome Drugs across the world. These players across Dry Eye Syndrome Drugs Market are focusing aggressively on innovation, as well as on including advanced technologies in their existing products.

Region segment: Dry Eye Syndrome Drugs Market report is segmented into several key regions, with sales, revenue, market share (%) and growth Rate (%) of Dry Eye Syndrome Drugs in these regions, from 2013 to 2025 (forecast), covering: North America, Europe, Asia Pacific, Middle East & Africa and South America

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Major Points in Table of Contents:

Global Dry Eye Syndrome Drugs Market Report 2020

1 Dry Eye Syndrome Drugs Product Definition

2 Global Dry Eye Syndrome Drugs Market Manufacturer Share and Market Overview

2.1 Global Manufacturer Dry Eye Syndrome Drugs Shipments

2.2 Global Manufacturer Dry Eye Syndrome Drugs Business Revenue

2.3 Global Dry Eye Syndrome Drugs Market Overview

2.4 COVID-19 Impact on Dry Eye Syndrome Drugs Industry

3 Manufacturer Dry Eye Syndrome Drugs Business Introduction

3.1 Allergan Dry Eye Syndrome Drugs Business Introduction

3.2 Novartis Dry Eye Syndrome Drugs Business Introduction

3.3 Santen Dry Eye Syndrome Drugs Business Introduction

3.4 Takeda Dry Eye Syndrome Drugs Business Introduction

3.5 Otsuka Dry Eye Syndrome Drugs Business Introduction

3.6 Eyegate Pharma Dry Eye Syndrome Drugs Business Introduction

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