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Eye-Drop and Lubricants - Market : Size, Share, Growth, Analysis, Key Players, Revenue, Growth | Valuates Reports
Eye-Drop and Lubricants - Market SizeThe global Eye-Drop and Lubricants market size is expected to reach US$ 9982.9 million by 2029, growing at a CAGR of 1.4% from 2023 to 2029.
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Eye-Drop and Lubricants - Market
Eye drops are saline-containing drops used as an ocular route to administer. Depending on the condition being treated, they may contain steroids, antihistamines, sympathomimetics, beta receptor blockers, parasympathomimetics, parasympatholytics, prostaglandins, nonsteroidal anti-inflammatory drugs (NSAIDs), antibiotics, antifungal, or topical anesthetics. Eye drops sometimes do not have medications in them and are only lubricating and tear-replacing solutions.
The market is mainly driven by the significant applications of Eye-Drop and Lubricants in various end use industries. The expanding demands from the Eye Diseases, Glaucoma, Conjunctivitis and Refractive Errors, are propelling Eye-Drop and Lubricants market. Antibiotics, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Hormones segment is estimated at % CAGR for the next seven-year period.
North America is the largest producer of Eye Drops & Lubricants, with a market share more than 35%. It was followed by Europe with 30%. ALCON, Allergan, Bausch + Lomb, Abbott and Rohto are the top 5 manufacturers of industry, and they had more than 60% combined market share.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Eye-Drop and Lubricants, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
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Company Profiles:
• Bausch Lomb
• Abbott Laboratories
• Clear Eyes
• Sager Pharma
• Alcon
• Allergan
• Rohto Pharmaceutical
• Similasan
• Thera Tears
• Johnson & Johnson
Segment by Type:
• Antibiotics
• Hormones
• Artificial Tears
• Others
by Application
• Eye Diseases
• Glaucoma
• Conjunctivitis
• Refractive Errors
• Others
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