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(2022-2031) Dry Eye Medication Global Market Analysis And Forecast | Technologies, Demand, Growth, Research And Development
Dry Eye Medication Market
According to The Business Research Company's dry eye medication market report, The global dry eye medication market is expected to grow from $2,892.8 million in 2015 to $3,245.6 million in 2020 at a compound annual growth rate (CAGR) of 2.3%%. The dry eye medication market is expected to grow at a CAGR of 8.2% to nearly $4,806.0 million by 2025, and at a CAGR of 5.7% to $6,329.7 million by 2030.
Promising drugs under pipeline is expected to boost the dry eye disease market in the future. There are several drugs that are being studied in Phase 3 trials for dry eye treatment such as reproxalap (Alderya Therapeutics), tanfanercept (HanAll BioPharma), tivanisiran (Sylentis), Loteprednol etabonate (Kala Pharma), timbetasin (Regenerx) and NOV03 (Bausch + Lomb). Among the most promising drugs, Kala Pharma plans to file the Loteprednol etabonate (KPI-121) by second quarter 2020 with U.S Food and Drug Administration (FDA) based on the STRIDE 3 trial results. KPI-121 0.25% is developed by utilizing the AMPPLIFY mucus-penetrating particle (MPP) drug delivery technology for the treatment of dry eye. Loteprednol etabonate (KPI-121) met both the primary efficacy endpoints in Phase 3 (Stride 3) trial. Upon review and approval by USFDA, the drug may be available for commercialization soon.
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The dry eye medication market is segmented -
• By Prescription Type: OTC Drugs, Prescription Drugs
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the dry eye medication market.
Major competitors in the dry eye medication market include Allergan plc, Alcon Inc., Bausch Health Companies Inc., Novartis AG, Otsuka Holdings Co, Ltd.
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The dry eye medication market consists of sales of dry eye drugs and other related services by entities (organizations, sole traders and partnerships) that manufacture dry eye medication (or drugs) used to treat dry eyes. The dry eye medication market covers drugs that are used in the treatment of diseases related to dry eyes, irritation, pain, and infection.
The Table Of Content For The Dry eye medication Market Include:
1. Dry eye medication Market Executive Summary
2. Table of Contents
3. List of Figures
4. List of Tables
5. Report Structure
………
32. Dry eye medication Market Opportunities And Strategies
33. Dry eye medication Market, Conclusions And Recommendations
34. Appendix
The Business Research Company's "Global Dry eye medication Opportunities And Strategies Market Report - Forecast To 2030" is the most comprehensive report available in market, providing data and statistics from over 60 geographies analyzed in more than 2500 market segments. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. Additionally, it evaluates the market's historic and projected growth and identifies significant trends and strategies that can be used to outperform the competitors in the sector.
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