Global Dry Eye Syndrome Treatment Market Size By Drug Type (Anti-inflammatory Drugs, Artificial Tears And Lubricant), By Product Type (Liquid Drops, Gel, Liquid Wipes), By Distribution Channel (Hospital Pharmacies, Retail Pharmacies), By Geographic Scope

Dry Eye Syndrome Treatment Market Size And Forecast
Dry Eye Syndrome Treatment Market size was valued at USD 6.04 Billion in 2021 and is projected to reach USD 19.43 Billion by 2030, growing at a CAGR of 15.75% from 2023 to 2032.
A significant factor driving the growth of the dry eye syndrome treatment market is the rising prevalence of dry eye syndrome and the rising need for dry eye treatment to relieve various symptoms.
A public health issue, dry eye disease (DED) causes ocular discomfort, weariness, and visual disturbances that reduce quality of life. One of the most prevalent and unpleasant ocular surface conditions (OSDs).

During the forecast period, there will be opportunities for growth in the markets for eyecare products and treatments for dry eye syndrome due to the rapid increase in cases of the condition and rising adoption of various treatments, such as artificial tears and dry eye treatment drops, for treating multiple symptoms.

Due to fewer ophthalmologist appointments, the COVID-19 outbreak had a negative effect on the market in the early stages of the pandemic. But as soon as the eye care businesses started, the market started to recover. In addition, SARS-CoV-2 patients' dry eyes lingered even after the sickness was treated, broadening the potential audience for treatments. Additionally, the prevalence of dry eye complaints has grown throughout the pandemic due to increased screen use and sedentary lifestyles.

Market Definition
The condition known as dry eye syndrome, or keratoconjunctivitis sicca (KCS), is characterised by a lack of lubrication or moisture on the eye's surface. It is a widespread condition that can affect anyone at any time. Other dry eye symptoms include photophobia, aching and burning feelings, hurting eyes, red eyes, fatigued eyes, itchy eyes, and other eye-related issues. Watery eyes can also be a sign because the dryness of the eye's surface over-stimulates the creation of the watery component of tears.

Market Outlook:
Due to increased use of electronic devices like cell phones, tablets, and laptops, there has been a rapid increase in numerous eye ailments in recent years. Due to this, there is a huge demand for dry eye treatments, and this trend is expected to continue during the projected period.
The expansion of eye care facilities globally and the growing popularity of OTC eyedrops in both developed and emerging regions will also contribute to the market's growth throughout the assessment period.
The market for treating dry eye condition in 2021 was around 12% of the US$ 36.0 Bn ophthalmology pharmaceuticals market. The market will continue to develop in the next years due to the rising demand for treatments for dry eye condition and the quick global market growth of ophthalmic eye drops.

Scope Of The Report
Utilize the most recent research to comprehend the current trends and developing prospects in the market for treating dry eye syndrome. Learn in depth about the main factors driving the market for treatments for dry eye condition.
The research emphasises the relationship between the market for ophthalmic eye drops and the market for treatments for dry eye syndrome in addition to highlighting the effects of government attempts to address the growing burden of the condition.

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Market Segmentations:
Global Dry Eye Syndrome Treatment Market: Major Players
Santen Pharmaceutical Co., Ltd.
Allergan plc.
Novartis AG
Auven Therapeutics
Akorn, Inc.
Nicox S.A.
Otsuka Holdings Co., Ltd
GlaxoSmithKline plc
Bausch & Lomb Incorporated
Alimera Science

Global Dry Eye Syndrome Treatment Market: By Types
Liquid Drops
Gel
Liquid Wipes
Eye Ointment
Others

Global Dry Eye Syndrome Treatment Market: By Applications
Hospitals
Eye Health Clinics
Retail Pharmacies
Online Pharmacies

Global Dry Eye Syndrome Treatment Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Dry Eye Syndrome Treatment market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.

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The primary element fueling the market's expansion is an increase in the number of elderly people, who are becoming more aware of the disease's diagnosis and treatments as well as the expanding health care industry. The market is comprehensively evaluated in the study on the global dry eye syndrome treatment market. The research provides a thorough analysis of the market's key segments, trends, drivers, restraints, competitive environment, and other important elements.

What was the COVID-19 Impact on the Global Market for Dry Eye Syndrome Treatment?
The COVID-19 outbreak had a negative impact on the sales of dry eye treatments because of the lockdown and other restrictions implemented in the afflicted areas to stop the infection's spread. Sales of treatments for dry eyes fell precipitously for the producers.
For instance, sales of Novartis AG's Xiidra dry eye medicine have decreased by 31.4%, according to the company's most recent press statement. In the second quarter of 2019, the drug generated US$104.0 million, compared to US$79 million in the same period the following year. The epidemic also markedly reduced the number of new eye tests conducted in the affected countries. As a result, there has been a decline in the demand for dry eye drugs.

Frequently Asked Questions About This Report
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