Dry Eye Syndrome Treatment Market is Estimated to Grow at a CAGR of 16.9% within the forecast period of 2023-2030: Cognitive Market Research

Market Overview:
- Dry eye syndrome, also called keratoconjunctivitis sicca (KCS), is a condition in which the surface of the affected person's eyes lacks lubrication or moisture. It's a common disorder that can attack anybody at any time. Further, it includes the symptoms such as aching and burning sensations, sore eyes, red eyes, watery eyes, sore eyes, red eyes, itchy eyes, photophobia, and others.

Summary:
• As per our study, The global dry eye syndrome treatment market is estimated to be valued at USD 7,298.3 million in 2022 and is expected to exhibit a CAGR of 16.9% during the forecast period 2023-30.
• North America is estimated to account for the largest market share in the global dry eye syndrome treatment market.
• The cyclosporine segment registers a significant growth in the global dry eye syndrome treatment market.

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Market Dynamics:
- The growing prevalence of dry eye disease is the major factor expected to drive the growth of the global dry eye syndrome treatment market. In addition, the rising geriatric population globally is expected to boost the demand for market growth. Furthermore, increased government funding in the emerging economies of Asia-Pacific and LAMEA regions will provide opportunities for the market. However, strict regulations associated with the drugs available for treatment and long-term treatment hamper the growth of the target market.

Market Segmentation:
• The cyclosporine segment registers a significant growth in the global dry eye syndrome treatment market, due to the long-standing use of medications using cyclosporine as a basis.

• Among the Distribution Channel, the retail pharmacies segment accounted for the largest revenue share in the global market, due to the easy access to retail pharmacies.

The Major Players in Dry Eye Syndrome Treatment Market are:
Novartis, Allergan, Otsuka, Santen Pharmaceutical, Nicox, Auven Therapeutics, Akorn, Bausch & Lomb, Alimera, GlaxoSmithKline.

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Regional Analysis:
- North America is estimated to account for the largest market share in the global dry eye syndrome treatment market, due to the proposal of a New Drug Application (NDA) to the U.S. Food and Drug Administration (FDA). Furthermore, Asia Pacific is anticipated to be the fastest-growing segment during the forecast period. Improvements in healthcare infrastructure and the increasing prevalence of dry eye disease in the countries in the region.

News:
- January 2022,
Sun Pharma announced Cequa (dry eye treatment product) in Canada.
Sun Pharma announced the launch of a dry eye treatment product named Cequa in Canada. It is the first dry eye disease treatment that is delivered with nano micellar (NCELL) technology. This technology increases the bioavailability as well as the physiochemical stability of cyclosporine to rise ocular tissue penetration.

Browse here for Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
• 1.1 Global Dry Eye Syndrome Treatment Industry Introduction
• 1.2 Objectives of the Study
• 1.3 USP of the Report
• 1.4 Who is this report for?
• 1.5 Designing of Market Scope
1.5.1 Segmentation
1.5.1 Regional Fragmentation
1.5.1 Market Players
• 1.6 Report Duration
Chapter 2 Research Methodology
Chapter 3 Executive Summary
Chapter 4 Global Dry Eye Syndrome Treatment Market Overview
Chapter 5 Competitive Analysis (Subject to Availability)
• 5.1 Global Dry Eye Syndrome Treatment Market Revenue and Share by Manufacturers (2018-2022)
• 5.2 Global Mergers and Acquisition Analysis
• 5.2 Global New Launches Analysis
Chapter 6 Qualitative Analysis
Chapter 7 Company Profiling (Subject to Availability)
Chapter 8 Global Dry Eye Syndrome Treatment Market by Product Segmentation Analysis (2018-2030)
Chapter 9 Global Dry Eye Syndrome Treatment Market by Distribution Channel Segmentation Analysis (2018-2030)
Chapter 10 Global Dry Eye Syndrome Treatment Market Regional Analysis
Chapter 11 North America Dry Eye Syndrome Treatment Market Outlook (2018 - 2030)
Chapter 12 Europe Dry Eye Syndrome Treatment Market Outlook (2018 - 2030)
Chapter 13 Asia Pacific Dry Eye Syndrome Treatment Market Outlook (2018 - 2030)
Chapter 14 Latin America Dry Eye Syndrome Treatment Market Outlook (2018 - 2030)
Chapter 15 Middle East and Africa Dry Eye Syndrome Treatment Market Outlook (2018 - 2030)
Chapter 16 Research Findings

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Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operational across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.

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