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Artificial Tear Liquid Market Growth Till 2027, In-depth Research Analysis By SMI | Allergan, Jiangxi Zhenshiming, Alcon (Novartis), Wuhan Yuanda, Bausch & Lomb, Sintong, Abbott, Nicox, Santen Pharmaceutical, Ocusoft
Overview ✒Artificial tears are eye drops used to lubricate dry eyes and help maintain moisture on the outer surface of the eyes. Dryness in eyes is formed due to aging, medical conditions, eye surgery, certain medications or environmental factors such as windy or smoky conditions. The Asia-Pacific artificial tear liquid market focuses on seven regions namely Southeast Asia, Australia, Japan, South Korea, China, India, and Taiwan. The Asia-Pacific artificial tear liquid market is expected to witness significant growth during the forecast period, owing to growing prevalence of eye diseases in the Asia Pacific region.
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Market Driver ✒
Increasing prevalence of dry eyes and eye diseases is expected to drive growth of the Asia-Pacific artificial tear liquid market during the forecast period. Eye diseases such as dry eyes that are formed due to environmental factors, eye surgeries or certain medications require artificial tear liquid drops. Artificial tear liquid works by adding similar lubricating elements that are part of natural tears. It helps to thicken and stabilize the pre-corneal tear film to break thereby allowing for tears to properly protect the surface of eyes. Thus, increasing prevalence of dry eyes and eye disease such as glaucoma is expected to boost growth of the Asia-Pacific artificial tear liquid market over the forecast period. Furthermore, increasing use of artificial tear liquid as contact lenses moisturizer is expected to propel the Asia-Pacific artificial tear liquid market growth over the forecast period.
Market Restraint ✒
Side effects associated with artificial tear liquid such as temporary blurry vision, dizziness, swollen eyes, itchy eyes, and breathing problems are expected to restrain growth of the Asia-Pacific artificial tear liquid market over the forecast period.
Regional Insight ✒
Among regions, China is expected to witness significant growth in the Asia-Pacific artificial tear liquid market during the forecast period. This is owing to growing awareness regarding eye care in the country.
Competitive Section ✒
Key players operating in the Asia-Pacific artificial tear liquid market are Allergan, Jiangxi Zhenshiming, Alcon (Novartis), Wuhan Yuanda, Bausch & Lomb, Sintong, Abbott, Nicox, Santen Pharmaceutical, Ocusoft, Ursapharm, Johnson & Johnson, Rohto, and Similasan Corporation.
Key companies in the market are focused on product development, in order to expand their product portfolio and enhance their market presence. For instance, in October 2019, Allergan plc, a pharmaceutical company, launched three over-the-counter (OTC) products: REFRESH RELIEVA, REFRESH RELIEVA PF (preservative-free) multidose, and REFRESH RELIEVA FOR CONTACTS.
Geographically, this report split Asia-Pacific into several key Regions, with sales (K Units), revenue (Million USD), market share and growth rate of Artificial Tear Liquid for these regions, from 2014 to 2025 (forecast), including
➟ China
➟ Japan
➟ South Korea
➟ Taiwan
➟ India
➟ Southeast Asia
➟ Australia
Asia-Pacific Artificial Tear Liquid market competition by top manufacturers/players, with Artificial Tear Liquid sales volume, price, revenue (Million USD) and market share for each manufacturer/player; the top players including
➟ Allergan
➟ Alcon (Novartis)
➟ Bausch & Lomb
➟ Abbott
➟ Santen Pharmaceutical
➟ Ursapharm
➟ Rohto
➟ Similasan Corporation
➟ Johnson & Johnson
➟ Ocusoft
➟ Nicox
➟ Sintong
➟ Wuhan Yuanda
➟ Jiangxi Zhenshiming
On the basis of product, this report displays the sales volume (K Units), revenue (Million USD), product price (USD/Unit), market share and growth rate of each type, primarily split into
➟ Artificial Tear Liquid
➟ Artificial Tear Ointment
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On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, sales volume (K Units), market share and growth rate of Artificial Tear Liquid for each application, including
➟ Dry Eyes Treatment
➟ Contact Lenses Moisten
➟ Others
**NOTE: If you have any special requirements, please let us know and we will offer you the report as you want.
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Stratagem Market Insights is a management consulting organization providing market intelligence and consulting services worldwide. We bring the expertise of consultants with an cumulative industry experience of more than 70 years. The firm has been providing quantified B2B research and currently offers services to over 350+ customers worldwide. Our reports cover various end-use industries such as Aerospace and Defense, Agriculture, Food and Beverages, Automotive, Chemicals and Materials, Consumer Goods and Retail, Electronics, Energy, Mining, and Utilities, Pharmaceuticals, Manufacturing and Construction, Services, and Healthcare, and ICT.
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