Latest Report Of Indian Dry-Eye Medication Market Growth, Opportunities, Risk, Challenges, Gross Margin, Covid-19 Outbreaks

Report Overview

Indian Dry-Eye Medication market size stood at around USD XX billion in 2019 and is projected to reach USD XX billion by 2028, exhibiting a CAGR of XX% during the forecast period.

India has the 32% prevalence of dry eye disease (DED), and based on symptoms 81% were severe DED. In India, the pharmaceutical ophthalmic market has grown from around 1400 crores INR in 2014 to 2200 crores INR in 2018. Dry eye disease with its multifactorial etiology impacts not only the vision but also imposes various limitations on the victim. The patient suffers with pain, low vitality and poor general health and experiences poor quality of life (QOL) comparable to medical conditions such as severe angina and those warranting hospital-based hemodialysis.The aging population, a rising number of contact lens users, and increase in disposable income, increase in number of treatment options and an increased number of allergies. The growth of this market include increasing awareness levels, rising diagnostic rates, better treatment options, etc.

Market Drivers

The increased number of cases for dry eye disease results in the 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 long duration increase the occurrence of the dry eye disease. Prevalence of the aging population and the popularization of electronic products such as mobile phones and tablets, which have led to changes in eye use habits, it is expected that patients with dry eyes will still show a growth trend in the future. A rising number of contact lens users, increase in disposable income, increase in the number of treatment options and an increased number of allergies will boost the market growth. Going forward, rising laser surgeries, busy lifestyles, the increasing burden of diabetes, an increase in the prevalence of dry eye disease, the promising pipeline for dry eye disease, and the side effects of other medications will drive growth. Factors that could hinder the growth of the dry eye medication market in the future include long and costly drug approvals, stringent rules and regulations, and disruption in the supply chain of drugs related to dry eyes due to the impact of covid-19.

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Major Players

The major market players of dry-eye medication market in India are ALLERGAN, Alcon, Novartis AG, Santen Pharmaceutical Co., Ltd., OASIS Medical, Sun Pharmaceutical Industries Ltd, Otsuka Pharmaceutical Co., Ltd., Sentiss Pharma Pvt. Ltd, Grevis Pharma, Iskon Remedies, Eyeris Vision Care, Vee Remedies. Grevis Pharma has won the title of 'The Most Outstanding Ophthalmic Pharmaceutical Company' in the year 2018.

The report delivers the challenges in front of the Indian Dry-Eye Medication Market 2023 that allows a better understanding of the market providing a helpful comprehensive evaluation and clear-cut dynamics associated with this market. The analyst has studied the current market scenario while concentrating on the new business objectives with the lucrative opportunities that are available. This report includes changes in customer requirements, customer preferences, and the vendor landscape in the industry with key factors that are expected to influence the overall dynamics of the Indian Dry-Eye Medications Market including the current trends, growth opportunities, restraints, and market drivers.

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Market Segmentation

By Drug Type:

Based on the drug type the market is segmented into Aqueous, Evaporative, and Mixed. The mixed segment holds a major market share while the evaporative segment is anticipated to register the highest growth rate in the forecasted period.

By Distribution channels:

Based on Distribution channels type the market is segmented into Retail, Hospital, and Online Pharmacies. Retail pharmacies are the largest segment of the dry eye medication market while the online pharmacies market is expected to be the fastest-growing segment.

Major Players

The major market players of dry-eye medication market in India are ALLERGAN, Alcon, Novartis AG, Santen Pharmaceutical Co., Ltd., OASIS Medical, Sun Pharmaceutical Industries Ltd, Otsuka Pharmaceutical Co., Ltd., Sentiss Pharma Pvt. Ltd, Grevis Pharma, Iskon Remedies, Eyeris Vision Care, Vee Remedies. Grevis Pharma has won the title of 'The Most Outstanding Ophthalmic Pharmaceutical Company' in the year 2018.

The Indian Dry-Eye Medication Market report is an easy-to-understand document giving section-wise details about the global market. Starting with the brief outline of the overall market, it will put forth the all-inclusive evaluated market statistics and different parameters for the forecast period. The report covers numerous aspects of the Indian Dry-Eye Medication market divided into product kind, application, and end-use, offering the report to assist the customers in improving their ability to make precise decisions related to the business under the Indian Dry-Eye Medication Market.

International Market Players will use the correct market facts and figures and applied math studies provided within the report back to perceive this and future growth of the worldwide Electrophoretic Indian Dry-Eye Medication market. Each section of the research study is specially prepared to explore key aspects of the global Indian Dry-Eye Medication Market. Buyers of the report will have access to accurate PESTLE, SWOT, and other types of analysis on the global Indian Dry-Eye Medication market. Moreover, it offers highly accurate estimations on the CAGR, market share, and market size of key regions and countries.

This post-pandemic business planning research will aid clients to:
• Adjust their strategic planning to move ahead once business stability kicks in.
• Build resilience by making effective resource and investment choices for individual business units, products, and service lines.
• Conceptualize scenario-based planning to mitigate future crisis situations.

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Our qualified team of researchers, analysts, and consultants use in-depth qualitative research, quantitative research, and the latest recognized research techniques to offer an unrivaled level of detail and value to your research activities. Our market and competitive intelligence can be utilized by teams across multiple departments, including sales and business development, marketing, to:

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Strategic Points Covered in Table of Content of Global Indian Dry-Eye Medication Market:

Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Indian Dry-Eye Medication market
Chapter 2: Exclusive Summary - the basic information of the Indian Dry-Eye Medication Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Indian Dry-Eye Medication
Chapter 4: Presenting the Indian Dry-Eye Medication Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country
Chapter 6: Evaluating the leading manufacturers of the Indian Dry-Eye Medication market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

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