Press release
Artificial Tears Market Size, Share, Growth Factor 2021, Top Keyplayers - Akron Inc., Allergan plc, Novartis International AG, Johnson & Johnson and more.
Artificial Tears Market
Artificial tears solution is primarily used to lubricate dry eyes that are caused due to reduced tear production, increased tear evaporation, or imbalance in tear composition. The solution helps in protecting the eyes from injury and ensuring moisture retention. Growing urbanization along with the rising number of desk jobs is boosting the market growth. For instance, the world’s population living in the urban area is projected to increase from 55% in 2018 to 68% in 2050. This is further supported by rising prevalence of dry eye disease coupled with rising demand for lubricant eye drops. As per a study published in the American Journal of Ophthalmology, the annual prevalence of dry eye disease increased from 0.8% to 3.0% from 2005 to 2012.
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The Major Manufacturers Covered in this Report:
Akron Inc., Allergan plc, Novartis International AG, Johnson & Johnson, Ocusoft Inc., Aura lab Ltd., and Carl Zeiss AG. These market players are adopting various strategies like mergers and acquisitions and new product launches to sustain in the intense competition.
Years that have been considered for the study of this report are as follows:
History Year: 2015-2019
Base Year: 2019
Estimated Year: 2020
Forecast Year: 2021 to 2026
Market Segmentation:
By Type
Cellulose Derived Tears
Glycerin Derived Tears
Oil Based Emulsion Tears
Polyethylene Glycol and Propylene Glycol-Based Tears
By Delivery Method
Eye Drops
Ointments
By Application
Dry Eyes Treatment
Contact Lenses Moisture
Regional Segmentation:
North America (The US, Canada, and Mexico)
Europe (Germany, France, the UK, and Rest of the World)
Asia Pacific (China, Japan, India, and Rest of Asia Pacific)
Latin America (Brazil and Rest of Latin America.)
Middle East & Africa (Saudi Arabia, the UAE, South Africa, and Rest of Middle East & Africa)
Additionally, the analysis also delivers a comprehensive review of the crucial players on the Artificial Tears Market along with their company profiles, SWOT analysis, latest advancement and business plans.
The analysis objectives of the report are:
To equitably share in-depth info regarding the crucial elements impacting the increase of industry (growth capacity, chances, drivers and industry specific challenge and risks).
To know the Artificial Tears Market by pinpointing its many sub segments.
To profile the important players and analyze their growth plans.
To endeavor the amount and value of the Artificial Tears Market sub-markets, depending on key regions (various vital states).
To analyze the Global Artificial Tears Market concerning growth trends, prospects and also their participation in the entire sector.
To examine and study the Global Artificial Tears Market size (volume and value) form the company, essential regions/countries, products and applications, background information and also predictions.
Primary worldwide Global Artificial Tears Market manufacturing companies, to specify, clarify and analyze the product sales amount, value and market share, market rivalry landscape, SWOT analysis and development plans for the next coming years.
To examine competitive progress such as expansions, arrangements, new product launches and acquisitions on the market.
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