Press release
Dry Eye Products Market: Rising Manufacturing, Trade Activity to Bolster the Growth Opportunities | OCuSOFT, OASIS Medical, URSAPHARM Arzneimittel, AbbVie
According to our latest study on “Dry Eye Product MarketForecast to 2027– COVID-19 Impact and Global Analysis– by product, and type,”the market was valued at US$ 6,385.14 million in 2019 and is projectedto reach US$ 9,141.01 millionby2027; it is expected to grow at a CAGR of 4.8%during 2020–2027.Leading companies operating in the global dry eye product market are Novartis AG; Santen Pharmaceutical Co., Ltd; Johnson and Johnson Services, Inc; OASIS Medical; URSAPHARM Arzneimittel GmbH; ROHTO Pharmaceutical Co.,Ltd; OCuSOFT Inc; Bausch Health Companies Inc; AbbVie Inc; and Prestige Consumer Healthcare.
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The report includes the driving factors such as:
- The growth of the dry eye productmarket is attributed to factors such asrising incidences of dry eye and growing older population.
- Moreover, the development of the technology is focusing on stem cell therapy that can help in treating a dry eye conditionis further expected to foster the market growthduring the forecast period.
- However, the side effects caused due to eye drops such as blurred vision, increased sensitivity, watering eyes, redness, swelling of eyelids, sticky eyelashes, and discomfortlimit the growth of the market.
COVID-19 Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Dry Eye Products Market @ https://www.theinsightpartners.com/sample/TIPRE00012323/?utm_source=opr%2F10291
The COVID-19 pandemic is perplexing healthcare institutions in North America with unprecedented operational and clinical challenges. North American countries such as the US, Canada, and Mexico was totally closed for two to three months as the strict lockdown was imposed. The lockdown situation has resulted in a fall down a visit to healthcare facilities centers, and fewer prescriptions have been issued for ophthalmic conditions.
Dry eye is a chronic syndrome and is a progressive depending upon the cause and severity. It is a condition when a person does not have tears to lubricate his or her eyes. Tears are an essential part of maintaining good health of the eye and assist in providing good vision. The syndrome is commonly seen among older people and is becoming common among people spending a long time in front of the computer.
Benefits of Reports
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the dry eye product market.
- Highlights key business priorities in order to assist companies to realign their business strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Semiconductors, Healthcare, Manufacturing, Automotive and Defense.
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