openPR Logo
Press release

Artificial Tears Market – Global Industry Analysis, Size, Share, Market Demand, Growth, Opportunities and Forecast 2027| Research Report by Fortune Business Insights

08-31-2020 09:52 AM CET | Health & Medicine

Press release from: Fortune Business Insights

Artificial Tears Market

Artificial Tears Market

The global artificial tears market size is expected to reach USD 4.30 billion by 2027, exhibiting a CAGR of 5.9% during the forecast period. The growing incidence of ocular diseases can be a vital factor amplifying the growth of the global market, states Fortune Business Insights, in a report, titled “Artificial Tears Market Size, Share & COVID-19 Impact Analysis, By Type (Polyethylene Glycols (PEG) and Polypropylene Glycols (PPG), Cellulose, and Others), By Delivery (Eye Drops, and Ointments), By Application (Dry Eye Syndrome, Allergies & Infections, and Others), By Distribution Channel (Hospital Pharmacies, Drug Stores & Retail Pharmacies, and Online Pharmacies), and Regional Forecast, 2020-2027.” The market size stood at USD 2.64 billion in 2019.

The artificial tears market encompasses:

Wide-ranging analysis of the market
Valuable insights into the regions
Key market trends and drivers
Severe impact of COVID on the industry
High-end data about prominent players
Request a Sample Copy of the Research Report:

https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/artificial-tears-market-103486

Market Driver:

Introduction of Technologically Advanced Products to Bolster Growth

The constant efforts of eminent players to launch advanced and sophisticated products are expected to have a tremendous effect on the market. For instance, SYSTANE released a variety of products such as Systane® Complete, Systane® Ultra Lubricant Eye Drops, Systane® Balance Lubricant Eye Drops, Systane® Ultra Lubricant Eye Drops, Systane® Preservative-Free Lubricant Eye Drops, Systane® Nighttime Ointment, Systane® Day & Night Lubricant Eye Drop and others. The increasing awareness among the patient population will contribute positively to the growth of the market during the forecast period. The rising cases of dry eye syndrome and conjunctivitis will spur the demand for artificial tears, which, in turn, will boost the market.

Ease on OTC Products to Offer Impetus to Market During COVID-19

The coronavirus pandemic has severely affected various industries across the globe. The implementation of lockdown by governments has to lead to the disruption of the supply chain. However, the facility for non-essential medical products will improve the prospects of the market during the pandemic. The ease on over the counter (OTC) products such as artificial tears can further aid the speedy expansion of the market. The demand for teardrops in online pharmacies will subsequently propel the growth of the market.

For more information visit : https://www.fortunebusinessinsights.com/artificial-tears-market-103486

Regional Analysis:

Presence of Eminent Players to Promote Business in North America

The market size in North America stood at USD 1.38 billion in 2019. The growth in North America is attributed to the robust healthcare infrastructure. The growing demand for sophisticated artificial tears will enable the growth of the market. The presence of key market players will influence growth in the region. The increasing prevalence of dry eye syndrome and other ocular diseases such as eye allergies will create lucrative business opportunities for the market. As per the survey conducted by National Health and Wellness in 2013, it was estimated that up to 6.8% of the population in the U.S. was to be affected by dry eye syndrome. The large patient population is likely to accelerate revenue in North America. The market in Asia Pacific is expected to witness a rapid growth rate during the forecast period due to the growing awareness about ocular diseases. The increasing patient population and healthcare expenditure will foster the healthy growth of the market in the region. The Middle and East and Africa are predicted to account for a significant share in the global market due to the enriching economic conditions and improved healthcare systems.

Notable Development:

October 2019: Allergan released a new product line called Refresh Relieva lubricant eye. The launch of the novel product will help the company retain its position in the eye drop industry.

The Report Lists the Main Companies in the Artificial Tears Market:

Allergan (AbbVie Inc.) (Dublin, Ireland)
Santen Pharmaceutical Co., Ltd. (Osaka, Japan)
Bausch & Lomb (Laval, Canada)
Alcon (Geneva, Switzerland)
Novartis AG (Basel, Switzerland)
Akorn Inc. (Lake Forest, U.S.)
Eyevance Pharmaceuticals LLC (Forth Worth, U.S.)
Sun Pharmaceutical Industries Ltd. (Mumbai, India)
Johnson & Johnson (New Brunswick, U.S.)
Bayer AG (Leverkusen, Germany)
Otsuka Pharmaceutical Co., Ltd. (Tokyo, Japan)
Other Players

Have Any Query? Ask Our Experts:

https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/artificial-tears-market-103486

About Us:

Fortune Business Insights(TM) offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights(TM) we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges

Contact Us:
Fortune Business Insights(TM) Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune-Bangalore Highway,
Pune - 411045, Maharashtra, India.

Phone:
US :+1 424 253 0390
UK : +44 2071 939123
APAC : +91 744 740 1245

Email: sales@fortunebusinessinsights.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Artificial Tears Market – Global Industry Analysis, Size, Share, Market Demand, Growth, Opportunities and Forecast 2027| Research Report by Fortune Business Insights here

News-ID: 2124656 • Views: 228

More Releases from Fortune Business Insights

Mobility Scooter Market 2021 by Manufacturers, Regions, Type and Application, Fo …
The global mobility scooters market size is expected to gain momentum by reaching USD 1.85 billion while exhibiting a CAGR of 6.9% between 2020 and 2027. This is attributable to the growing focus on developing innovative mobility scooters and the increasing prevalence of neurological disorders across the globe. This information is published by Fortune Business Insights, in its latest report, titled, “Mobility Scooters Market Size, Share & Industry Analysis, By
Surgical Stapling Devices Market Trending Technologies, Development Plans and Fu …
The rising prevalence of chronic diseases is expected to contribute positively to the surgical stapling devices market, says Fortune Business Insights in a report, titled “Surgical Stapling Devices Market Size, Share & Industry Analysis, By Product Type (Powered, Manual), By Type (Disposable, Re-usable), By Application (Gynecology Surgery, Urology Surgery, General Surgery, Others), By Surgery Type (Open Surgery, Laparoscopic Surgery), By End-user (Hospitals, Speciality Clinics, Others) and Regional Forecast, 2019-2026.” The
DNA Sequencing Market | Dynamics, Market Size, Analysis, Development, Revenue, F …
The Global DNA Sequencing Market size is expected to gain momentum backed by the increasing incidence of suicides and the growing number of psychiatrists that is likely to boost the adoption of advanced DNA Sequencing modules worldwide. This information is published by Fortune Business Insights in its upcoming report, titled, ““DNA Sequencing Market Size, Share & Industry Analysis, By Type (Instruments, Reagents & Consumables, Workflow Products, Services), By Technology (Next
Radiofrequency Ablation Systems Market 2021 Global Industry Size Forecast 2027
The increasing prevalence of cancer and rising demand for treating such chronic diseases are propelling the Global Radiofrequency Ablation Systems Market, finds Fortune Business Insights in their recent study. The study is titled, “Radiofrequency Ablation Systems Market: Global Market Analysis, Insights, and Forecasts, 2020 – 2027.” The market, as per study, will exhibit growth at a promising CAGR on account of rising prevalence of both cardiovascular and chronic diseases around the

All 5 Releases


More Releases for Eye

Diabetic Eye Disease Devices Market
Allied Market Research (USA, Oregon, Portland) Published Latest Report titled, ‘Diabetic Eye Disease Devices Market: Global Opportunity Analysis and Industry Forecast 2020-2027’. The Diabetic Eye Disease Devices Market is expected to witness growth in upcoming years due to factors such as increase in target patient population, which mostly includes patients suffering from cancer, tuberculosis and cardiovascular diseases. This market research study determines the increase in changes and the aspects which are likely
Global New Born Eye Imaging Systems Market 2020 Business Strategies – Eye Phot …
The Zion Market Research added a new report “New Born Eye Imaging Systems Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024” in its database, which provides an expert and in-depth analysis of key business trends and future market development prospects, key drivers and restraints, profiles of major market players, segmentation and forecasting. New Born Eye Imaging Systems Market Market research report which provides an in-depth examination of the
Ophthalmic Eye Shield Market Segmentation By Material type Aluminium Ophthalmic …
Eye shields are advised for use in the eye while a periorbital surgery to avoid any injury to the globe. Ophthalmic eye shields are used for postoperative ocular protection. Ophthalmic eye shields protect the cornea and retina while any eye surgery or laser treatment. Ophthalmic eye shields are highly preferred for cataract surgeries in the elder population and blepharitis correction especially for children. According to WHO, The World Health Organization,
Lotus Eye Care Hospital
Lotus Eye Care Hospital Lotus Eye Care Hospital- Company Profile & Financial Analysis” contains in depth information and data about the company and its operations. You will find information on the business structure, areas of operation, products and services offered by the company. It also comprises SWOT analysis, key ratios, historical financial data and insider’s view on financial stability and industrial ranking with financial forecasts for two- year period. This report is
Eye Tracking Systems Market
Consumer preference and safety are the two pivotal pillars guiding the retail and automobile industry. Critical information of the preference of consumer can be gathered through the way a viewer look at any website or at product and the duration of viewing particular thing. Also with numerous fatalities associate with driver fatigue and drowsiness behind the wheel it’s important to adopt precautionary measure. Eye tracking system are therefore key amalgamation
Eye-catching advertising featuring misleading guarantee promises
Advertising featuring a guarantee can be misleading if the guarantee promise is linked to conditions that are not clearly visible to consumers. That was the verdict of the Landgericht (LG) Frankfurt [Regional Court of Frankfurt]. GRP Rainer Lawyers and Tax Advisors in Cologne, Berlin, Bonn, Düsseldorf, Frankfurt, Hamburg, Munich, Stuttgart and London conclude: Clear guidelines relating to what is termed “Blickfangwerbung” (attention-grabbing/eye-catching advertising) had already been set out by the Bundesgerichtshof