Dry Eye Disease Market Revenue, Industry Growing Demand, Size, Share, Business Opportunities and Forecast - 2027

The dry eye disease market is expected to register a CAGR of nearly 5% over the forecast period, with an estimated market size of USD 4,998 million in 2020 and it is expected to reach USD 6,960 million by 2027.

Dry eye, medically known as dry keratoconjunctivitis, is an eye disease caused by a lack of tear fluid that lubricates the eye. This can be an indicator of low production of tears or rapid evaporation of the tear film on the surface of the eye, which can be caused by a number of conditions. Dry eye syndrome is one of the most common eye diseases worldwide and is particularly common in the elderly population. Decreased tears due to aging are the leading cause of dry eye syndrome among older people. Regular use of contact lenses increases the risk of dry eye syndrome.

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Dry Eye Syndrome Market Segmentation:

By Product Type
• Anti-inflammatory
• Artificial Tears and Lubricants

By Distribution Channels
• Hospital Pharmacies
• Retail Pharmacies
• Online Pharmacies
• Others

Key Players

Some of the major companies in the global dry eye syndrome market are Novartis, Nicox, Allergan Inc., Bridge Pharma Inc., and Santen Pharmaceutical Co., Ltd. Of these, Novartis, Allergan, and Santen have established a dominant presence in the global dry eye syndrome market and are expected to lead the market in the coming years as well.

Scope of the Report

The research study analyzes the global Dry Eye Disease industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Dry Eye Disease Market Report

1. What was the Dry Eye Disease Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of the Dry Eye Disease Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Dry Eye Disease Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

The report covers the following objectives:

• Proliferation and maturation of trade in the global Dry Eye Disease market.
• The market share of the global Dry Eye Disease market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
• Current and future market trends that are influencing the growth opportunities and growth rate of the global Dry Eye Disease market.
• Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Dry Eye Disease market.

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Orion Market Reports (OMR) endeavors to provide an exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and the most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.

This release was published on openPR.