Press release
Rapidly Aging Populace to Accelerate the Global OTC Artificial Tears Market
OTC Artificial Tears Market
Browse 82 market data Tables and 58 Figures spread over 210 Pages, along with in-depth analysis on Global OTC Artificial Tears Market by Formulation, Type of Container, Product, Distribution Channel, Application & by Geography.
This insightful market research report by Inkwood Research focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. The report covers all the aspects of this comprehensive market by assessing major geographies, and is a valuable asset for the existing players, new entrants, and future investors. The study presents a detailed market analysis, with inputs derived from industry professionals across the value chain.
Global OTC Artificial Tears Market Scenario
Artificial tear generating products are formulated to initiate natural tears and treat a range of eye disorders, infections, allergies and protect from UV & blue light. They are also used for moisturizing contact lenses.
There has been a rise in the geriatric population globally. According to data from the United Nations, there were nearly 703 million people above the age of 65 years in 2019. People in this age group are highly susceptible to eye diseases like glaucoma, dry eyes, cataract, macular degeneration, and presbyopia. Thus, the increase in the geriatric populace is driving the adoption of OTC artificial tears.
However, the side effects associated with these products, such as redness, itching, swelling around the eye, and temporary blurred vision, are expected to impede the growth of the OTC artificial tears market in the coming years.
The Global OTC Artificial Tears Market report provides data tables and includes charts and graphs for visual analysis.
Request Free Sample Report for Global OTC Artificial Tears Market by Formulation, Type of Container, Product, Distribution Channel, Application & by Geography: https://inkwoodresearch.com/reports/otc-artificial-tears-market/#request-free-sample
Market Segmentation
Market by Formulation
• Preservative Based
• Non-Preservative Based
Market by Type of Container
• Plastic Single-Dose Container
• Spray
o Preserved Systems
o Preservative-Free System
• Plastic Multi-Dose Container
o Preservative-Free System
o Preserved Systems
Market by Product
• Suspension
• Ointment
• Emulsion
• Spray Solution
• Gel
• Solution
Market by Distribution Channel
• Hospital Pharmacies
• Drug Stores & Retail Pharmacies
• Online Pharmacies
Market by Application
• Infections
• Contact Lens Moisture Retention
• Dry Eye Syndrome
• Allergies
• UV & Blue Light Protection
• Other Applications
Report Highlights
- The report provides a detailed analysis of the current and future market trends to identify the investment opportunities
- Market forecasts till 2028, using estimated market values as the base numbers
- Key market trends across the business segments, regions, and countries
- Key developments and strategies observed in the market
- Market dynamics such as drivers, restraints, opportunities, and other trends
- In-depth company profiles of key players and upcoming prominent players
- Growth prospects among the emerging nations through 2028
Companies Profiled
• SANTEN PHARMACEUTICAL CO LTD
• OCUSOFT INC
• NICOX SA
• JOHNSON & JOHNSON
• SIMILASAN CORPORATION
• ALLERGAN PLC (ACQUIRED BY ABBVIE)
• VISUFARMA
• URSAPHARM ARZNEIMITTEL GMBH
• BAUSCH HEALTH COMPANIES INC
• OASIS MEDICAL
• AKORN INC
• SUN PHARMACEUTICAL INDUSTRIES LTD
• ALCON INC
• SENTISS PHARMA PVT LTD
• NOVARTIS AG
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GLOBAL DRY EYE DISEASE MARKET - The global dry eye disease market is anticipated to register growth at a CAGR of 5.76% in the forecasting period between 2021 and 2028.
GLOBAL OPHTHALMOLOGY DRUGS AND DEVICES MARKET - The global ophthalmology drugs and devices market is expected to grow at a 5.97% CAGR over the projected years 2018-2026.
GLOBAL INTRAOCULAR LENS MARKET - The global intraocular lens market is expected to rise with a CAGR of 4.81% in the estimated duration of 2019-2027.
GLOBAL OPHTHALMIC LASERS MARKET - The global market for ophthalmic lasers is likely to witness growth with a 4.44% CAGR during the forecast duration between 2019 and 2027.
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