Press release
Dry Eye Medication: Emerging Trends and Market Insights 2024
Dry Eye Medication Market Trends
Ready to Dive into Something Exciting? Get Your Free Exclusive Sample of Our Research Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=3807&type=smp
According to The Business Research Company's, The dry eye medication market size has grown rapidly in recent years. It will grow from $9.74 billion in 2023 to $10.93 billion in 2024 at a compound annual growth rate (CAGR) of 12.2%. The growth in the historic period can be attributed to aging population, rising number of contact lens users, increase in disposable income, increase in number of treatment options, increase in number of allergies, rise in consumption of unhealthy or improper diets, and prevalence of diabetes mellitus.
The dry eye medication market size is expected to see rapid growth in the next few years. It will grow to $16.93 billion in 2028 at a compound annual growth rate (CAGR) of 11.6%. The growth in the forecast period can be attributed to rising laser surgeries, rising screen time, busy lifestyles, the increasing burden of diabetes, increase in prevalence of dry eye disease, promising pipeline for dry eye disease, and side effects of other medications . Major trends in the forecast period include developing preservative-free eye drops, investing in research and development of new and advanced drugs, developing innovative drugs to survive in the market, developing non-steroidal anti-inflammatory ophthalmic drugs for the treatment of dry-eye syndrome, focusing on incorporating modern techniques, and developing combination therapies for the treatment of dry eye diseases.
Get The Complete Scope Of The Report @
https://www.thebusinessresearchcompany.com/report/dry-eye-medication-global-market-report
Market Drivers and Trends:
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 the dry eye medication market.
Treatment for dry eye disease improved with the incorporation of modern techniques that helped invent advanced hyaluronic acid-based lubricants and lipid emulsions. This technology replaces artificial tears that include isotonic sodium chloride and provides long-lasting lubrication on the surface of the eye. For instance, Allergan, a global pharmaceutical company, launched Refresh Repair Lubricant Eye Drops which are designed to repair and protect the eyes from dry eye disease and improve the clarity of vision and are formulated with carboxymethylcellulose (CMC), hyaluronic acid, and osmoprotectants. These components maintain the health of the ocular surface and safeguard epithelial cells. Advances in technology will have a positive effect on the dry eye medication market.
Key Benefits for Stakeholders:
• Comprehensive Market Insights: Stakeholders gain access to detailed market statistics, trends, and analyses that help them understand the current and future landscape of their industry.
• Informed Decision-Making: The reports provide crucial data that support strategic decisions, reducing risks and enhancing business planning.
• Competitive Advantage: With in-depth competitor analysis and market share information, stakeholders can identify opportunities to outperform their competition.
• Tailored Solutions: The Business Research Company offers customized reports that address specific needs, ensuring stakeholders receive relevant and actionable insights.
• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.
Major Key Players of the Market:
Allergan plc, Alcon Inc., Bausch Health Companies Inc., Novartis AG, Otsuka Holdings Co. Ltd., Santen Pharmaceutical Co., Ltd., Sentiss Pharma Pvt. Ltd., OASIS Medical, Inc., VISUfarma B.V., Sun Pharmaceutical Industries Limited, Bayer AG, Pfizer, Johnson & Johnson, Daiichi Sankyo, Zhaoke Ophthalmology Pharmaceutical, Shanghai Pharmaceutical, ERC Labs, Vision gain, Medicom Health care, Implandata ophthalmic products GmbH, The Geuder Group, Novamedika, Aflofarm Farmacja Polska, VUAB Pharma Inc., Endo International plc, Aurinia Pharmaceuticals Inc, Herzig Eye Institute, Thomas Eye Group, Alimera Sciences, Eyegate, Neurotech, Opthotech, Eyepoint pharmaceuticals, ReGenTree, LLC, Regenerx Biopharmaceuticals Inc, shire, Gama Vision, Biolab Pharma, Mitotech, Novaliq GmbH, Horus Pharma, Prestige Consumer Healthcare Inc., Bausch & Lomb Incorporated, Azura Ophthamics Ltd, Similasan, Hoya Corporation, Adcock Ingram.
Dry Eye Medication Market 2024 Key Insights:
• The dry eye medication market size is expected to see rapid growth in the next few years. It will grow to $16.93 billion in 2028 at a compound annual growth rate (CAGR) of 11.6%.
• Growing Cases Of Dry Eye Disease Drive Demand For Treatment And Fuel Market Growth
• Technological Advancements Enhance Dry Eye Medication And Treatment
• North America was the largest region in the dry eye medication market in 2023
We Offer Customized Report, Click @
https://www.thebusinessresearchcompany.com/Customise?id=3807&type=smp
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ "
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Dry Eye Medication: Emerging Trends and Market Insights 2024 here
News-ID: 3765467 • Views: …
More Releases from The Business research company
Market Trend Insights: The Impact of Emerging Developments on the Insurance Busi …
The insurance business process outsourcing industry is gaining significant traction as companies seek more efficient ways to manage insurance operations. With evolving technologies and a growing number of insurers, this market is set for considerable expansion in the coming years. Let's explore the current market valuation, key players, emerging trends, and segmentation details shaping this sector.
Projected Growth and Market Size of the Insurance Business Process Outsourcing Market
The insurance…
Trends in Growth, Segment Analysis, and Competitive Approaches Influencing the M …
The marine insurance sector is set to undergo significant expansion in the coming years, driven by technological advancements and evolving global risks. This market is adapting to new challenges and opportunities, reflecting shifts in maritime operations and increasing demands for specialized coverage. Here is an in-depth look at the marine insurance market's size, key players, emerging trends, and the main segments fueling its growth.
Projected Expansion and Market Size of Marine…
Analysis of Key Market Segments Driving the Syndicated Loans Market
The syndicated loans market is poised for substantial expansion in the coming years, driven by a combination of financial trends, investor preferences, and global economic factors. This report explores the projected market size, leading players, notable trends, and segmentation to provide a comprehensive overview of this evolving sector.
Expected Market Size and Growth Trajectory of the Syndicated Loans Market
The syndicated loans market is anticipated to experience rapid growth, reaching…
Market Trend Analysis: The Impact of Emerging Developments on the Remittance Mar …
The digital remittance sector is set for remarkable expansion in the coming years, driven by technological innovations and evolving financial regulations. As cross-border money transfers become more seamless and secure, the industry is positioning itself for impressive growth. Let's explore the projected market size, key players, prevailing trends, and detailed market segments shaping this fast-evolving domain.
Forecasted Market Size and Growth of the Digital Remittance Market
The digital remittance market…
More Releases for Eye
Pregnancy Can Impact Vision-Eye to Eye Family Vision Care Urges Expectant Patien …
While many expectant parents prepare for physical and emotional changes during pregnancy, fewer are aware that vision and eye health can also be affected. Eye to Eye Family Vision Care, a locally owned optometry clinic in Sapulpa, is raising awareness about how pregnancy can impact eyesight and emphasizing the importance of scheduling prenatal eye exams in their latest blog post at https://eyetoeyefamilyvisioncare.com/how-pregnancy-affects-vision-eye-health/. With up to 15% of pregnant women experiencing…
Dry Eye Relief Eye Drops Market Size and Forecast
𝐔𝐒𝐀, 𝐍𝐞𝐰 𝐉𝐞𝐫𝐬𝐞𝐲- The global Dry Eye Relief Eye Drops Market is expected to record a CAGR of XX.X% from 2024 to 2031 In 2024, the market size is projected to reach a valuation of USD XX.X Billion. By 2031 the valuation is anticipated to reach USD XX.X Billion.
The dry eye relief eye drops market is witnessing steady growth, driven by increasing awareness of dry eye conditions and rising demand…
Dry Eye Market - Advancing Eye Wellness: Dry Eye Solutions Revolutionizing Relie …
Newark, New Castle, USA - new report, titled Dry Eye Market The report has been put together using primary and secondary research methodologies, which offer an accurate and precise understanding of the Dry Eye market. Analysts have used a top-down and bottom-up approach to evaluate the segments and provide a fair assessment of their impact on the global Dry Eye market. The report offers an overview of the market, which…
VisiSharp Reviews (Eye Vision Support) Reduces Eye Inflammation, Stops Vision Lo …
Product Name - VisiSharp Reviews
Category - Eye Vision Support
Composition - Natural Organic Compound
Side Effect - N/A
Availability - Only On Official Website
Official Website - https://jemi.so/visisharp-reviews
VisiSharp is a daily supplement that improves the health of the eyes in a way that other products do not. This sharp vision support remedy specifically promises to help consumers get perfect clarity in their eyesight,…
Global New Born Eye Imaging Systems Market SWOT Analysis, Key Indicators, Foreca …
New Born Eye Imaging Systems
The business report released by Zion Market Research on New Born Eye Imaging Systems Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024 market is focused to facilitate a deep understanding of the market definition, potential, and scope. The report is curated after deep research and analysis by experts. It consists of an organized and methodical explanation of current market trends to assist the…
Two St. Louis Area Eye Doctors Relaunch Complete Eye Safety
Two St. Louis area eye doctors, Dr. Mark Kahrhoff, OD, and Dr. Derek Wiles, OD, are relaunching Complete Eye Safety, a company providing occupational and industrial prescription safety eyewear and services to companies throughout the Midwest.
The relaunch includes a compete offering of the latest prescription safety glasses as well as "industry specific" eyewear, a new website for online ordering, proprietary services such as on-site vision tests, Optician-on-Demand, on-site eye…
