Dry Eye Medication Market Size, Growth Overview, Future Outlook, Global Industry Demand And Business Players - Novartis, Allergan, Otsuka, Santen Pharmaceutica

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

As per the dry eye medication market report by The Business Research Company, the increased number of cases of dry eye disease results in an increased demand for its treatment. Factors such as aging, lack of vitamin A, wearing lenses, eye surgeries, direct contact with dry wind or smoke, and exposing one's eyes to screens for a long duration increase the occurrence of the dry eye more likely. For example, a survey conducted by the American Academy of Ophthalmology reported that in the USA, nearly 3.2 million women and 1.68 million men, over the age of 50 were affected by dry eye syndrome. Similarly, a study conducted by the Indian Journal of Ophthalmology indicated a 32% prevalence of dry eye disease in the Northern part of India. the rising prevalence of the disease would increase the demand for its treatment and ultimately facilitate the growth of this market.

The global dry eye medication market size will grow from $8.67 billion in 2022 to $9.62 billion in 2023 at a compound annual growth rate (CAGR) of 11.0%. The global dry eye medication market size is expected to grow to $13.99 billion in 2027 at a CAGR of 9.8%.

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Major competitors in the dry eye medication market are Novartis, Allergan, Otsuka, Santen Pharmaceutical, Auven Therapeutics, Akorn, Valent Pharmaceuticals, Johnson and Johnson Vision, Alcon and Bausch & Lomb.

The dry eye medication market is segmented -
• By Type: Aqueous dry eye syndrome, Evaporative dry eye syndrome
• By End-user: Hospital Pharmacies, Eye Health Clinics, Retail Pharmacies, Online Pharmacies
• By Product Type: Liquid Drops, Gel, Liquid Wipes, Eye Ointment
• 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.

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The dry eye medication market consists of sales of polyethylene glycol, polyvinyl alcohol, propylene glycol, carboxymethylcellulose, povidone, glycerine, and mineral oil. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The Table Of Content For The Dry Eye Medication Market Include:
1. Executive Summary
2. Dry Eye Medication Market Characteristics
3. Dry Eye Medication Market Trends And Strategies
4. Dry Eye Medication Market - Macro Economic Scenario
5. Dry Eye Medication Market Size And Growth
6. Dry Eye Medication Market Segmentation
…………………
27. Dry Eye Medication Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Dry Eye Medication Market
29. Dry Eye Medication Market Future Outlook And Potential Analysis
30. Appendix

The "Global Dry Eye Medication Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.

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