Press release
U.S. Eye Drops and Lubricants Market Projected to Reach $22,625 Million | Johnson & Johnson, Pfizer Inc., Similasan Corporation USA, Oculent Healthcare
Allied Market Research published a report, titled, "Eye-Drop and Lubricants Market by Type (Antibiotics, Hormones, Artificial Tears, and Others), and by Application (Eye Diseases [Glaucoma, Conjunctivitis, Refractive Errors, and others], Eye Care, and Others) - Global Opportunity Analysis and Industry Forecast, 2018-2025". The report offers a detailed analysis of evolving market trends, top investment pockets, key segments, and competitive scenario.Eye drops and ointments are used to relieve people with various eye problems such as dry eyes, redness, infection (pink eye), allergies, itching, pain, swelling and again. Eye diseases such as conjunctivitis and bacterial keratitis are chronic diseases that are treated with antibiotics. In addition, eye and vision problems also occur due to an imbalance in hormone levels, as hormones control important body functions and their changes can affect the eyes and vision. The discovery of advanced molecules and new combination therapies is expected to drive the market growth in the near future.
โฆ ๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐ ๐ซ๐๐ ๐๐๐ ๐๐ซ๐จ๐๐ก๐ฎ๐ซ๐: https://www.alliedmarketresearch.com/request-sample/2949
Major Key Players Covered In This Report -
โข Akorn Consumer Health (Theratears),
โข Allergan Plc.,
โข Johnson & Johnson,
โข Novartis International Ag (Alcon Inc.),
โข Pfizer Inc.,
โข Prestige Consumer Healthcare, Inc.,
โข Sager Pharma Kft.,
โข Rohto Pharmaceutical Co., Ltd.,
โข Similasan Corporation Usa,
โข Valeant Pharmaceuticals International, Inc. (Bausch & Lomb Incorporated)
Based on type, the eye drops and lubricants market is segmented into antibiotics, hormones, artificial tears and others. The artificial tears segment achieved the highest revenue in 2017 and is expected to continue this trend during the forecast period, due to the increase in this product, due to the increase in dry eye disease in the world. In addition, the ease of availability and availability of lubricating tears even without a prescription increases the market growth.
However, North America achieved the highest market share in 2017 and is expected to maintain its dominance during the forecast period, due to the increase in glaucoma, cataracts and other eye diseases.
โฆ ๐ ๐จ๐ซ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐๐ง๐ช๐ฎ๐ข๐ซ๐ฒ ๐จ๐ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.alliedmarketresearch.com/purchase-enquiry/2949
North America to maintain its top position by 2025
Based on geography, North America held the major market share in 2017, contributing to nearly two-fifth of the total share and is expected to maintain its top position by 2025. The growth has been triggered by high patient population suffering from eye diseases and availability of good healthcare infrastructure in the region. On the other hand, Asia-Pacific is expected to grow at the highest rate, with a CAGR of 5.8% from 2018 to 2025.
Key Findings of the Eye Drops and Lubricants Market -
Based on type, the hormones segment is expected to experience rapid growth in the market, and is projected to grow at a CAGR of 5.6% from 2018 to 2025.
Depending on application, the eye diseases segment held the largest revenue in 2017 and is anticipated to continue this trend during the forecast period.
U.S. generated the highest revenue in the global eye drops and lubricants market industry in 2017, accounting more than one-third of the global market in 2017.
LAMEA is estimated to grow at a CAGR of 5.3% during the forecast period.
โฆ ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐จ๐ซ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง:
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various research data tables and confirms utmost accuracy in our market forecasting. Each and every us companies and this helps us in digging out market data that helps us generate accurate y data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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