Press release
Artificial Tears Market Sees Surge Amid Dry Eye Rise and Innovation Push
Artificial Tears Market
The artificial tears market size is projected to reach US$ 4.85 billion by 2031 from US$ 2.98 billion in 2023. The market is expected to register a CAGR of 7.2% during 2023-2031. Lifestyle changes will likely remain a key trend in the market.
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Market Drivers
Rising dry eye incidence stems from prolonged screen time, environmental factors, and lifestyle shifts, pushing demand for lubricating eye solutions. An aging global population heightens vulnerability to eye dryness, as natural tear production declines with age. Contact lens usage further amplifies the need for these products among daily wearers.
Key Trends
Manufacturers focus on preservative-free options and viscoadaptive formulas that mimic natural tears for longer relief. Single-use vials gain popularity for hygiene and convenience, especially for chronic users. Digital eye strain from devices drives everyday adoption, with over-the-counter access broadening reach.
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Market leaders and key company profiles
• Johnson Services, Inc.
• Alcon Inc.
• OASIS Medical
• AbbVie Inc.
• Bayer AG
• Prestige Consumer Healthcare Inc.
• Santen Pharmaceutical Co., Ltd.
• Bausch Health Companies Inc.
• Akorn Incorporated
• Aurolab
Opportunity Factors
Industrial innovations, like new launches from companies such as Alcon and Allergan, create fresh avenues for advanced hydration products targeting specific conditions like Meibomian Gland Dysfunction. Expanding awareness through government eye health programs and e-commerce boosts accessibility in emerging regions. Sustainable, eco-friendly formulations appeal to health-conscious consumers seeking natural ingredients.
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Related Reports-
• Dry Eye Products Market: https://www.theinsightpartners.com/reports/dry-eye-products-market
• Eye Drops and Lubricants Market: https://www.theinsightpartners.com/reports/eye-drops-and-lubricants-market
• Eye Drops Market: https://www.theinsightpartners.com/reports/eye-drop-market
• Skin Tears Treatment Market: https://www.theinsightpartners.com/reports/skin-tears-treatment-market
• Eye Allergy Treatment Market: https://www.theinsightpartners.com/reports/eye-allergy-treatment-market
Contact Us
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Website: www.theinsightpartners.com
Phone: +1-646-491-9876
About The Insight Partners
The Insight Partners is a leading provider of actionable market research and consulting. The Market report delivers comprehensive market sizing, trends, competitive analysis, and strategic insights to help stakeholders make informed decisions in a rapidly evolving environment.
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