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(2023-2032) Dry Eye Syndrome Market Potential Growth, Size, Share, Technology Trends And Opportunities
Dry Eye Syndrome Global Market
The Business Research Company's Dry Eye Syndrome Global Market Report 2023 identifies rise in security threats with the increasing cyberattack cases as the major driver for the Dry Eye Syndrome market's growth in the forecast period. Cyber-attacks are attempts to gain unauthorized access to computers, computing systems, and computer networks. The mission-critical communications solutions provide real-time cybersecurity features with cybersecurity compliance against cyber-attack.
The global dry eye syndrome market size is expected to grow from $3.40 billion in 2022 to $3.68 billion in 2023 at a compound annual growth rate (CAGR) of 8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global dry eye syndrome market size is expected to reach $4.86 billion in 2027 at a CAGR of 7.3%.
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Major competitors in the Dry Eye Syndrome market are Allergan plc, Novartis AG, Otsuka Pharmaceutical Co. Ltd., Santendo Pharmaceutical Co. Ltd., Sentiss Pharma Pvt. Ltd., Johnson And Johnson, Alcon Vision LLC, Akorn Operating Company LLC, Sun Pharmaceutical Industries Ltd.
A key trend in the Dry Eye Syndrome market includes Product innovation. Major companies operating in the home dry eye syndrome market are developing innovative products to sustain their position in the market. For instance, in May 2023, Entod Pharmaceuticals Ltd., an India-based company, launched Cyclotears eye drops, especially to treat dry eye disease. This innovative product was developed with self-emulsifying drug delivery system (SEDDS) technology, which enhances the ocular delivery of poorly water-soluble drugs. Cyclotears eye drops are formulated with cyclodextrin, which is intended to improve the stability and retention time of the tear film on the surface of the eye. Some of the claimed features of Cyclotears eye drops included a novel active ingredient, improved retention time, a lubricating effect, and being safe and preservative-free.
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The Dry Eye Syndrome market is segmented -
1) By Product: Liquid Drops, Gel, Liquid Wipes, Eye Ointment, Other Products
2) By Treatment: Corticosteroids, Artificial Tears, Oral Omega Supplements, Lubricating Agent, Other Treatments
3) By Disease Type: Evaporative, Aqueous
4) By Distribution Channel: Offline, Online
5) By Application: Hospitals And Clinics, Medical Laboratories, Other Applications
• 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 Syndrome market.
The Business Research Company's "Global Dry Eye Syndrome Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Dry Eye Syndrome Market Include:
1. Executive Summary
2. Dry Eye Syndrome Market Characteristics
3. Dry Eye Syndrome Market Trends And Strategies
4. Dry Eye Syndrome Market - Macro Economic Scenario
5. Dry Eye Syndrome Market Size And Growth
……
27. Dry Eye Syndrome Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Dry Eye Syndrome Market
29. Dry Eye Syndrome Market Future Outlook and Potential Analysis
30. Appendix
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