According to the latest market research report title “Dry Eye Syndrome Market By Product (Artificial Tears, Anti-inflammatory drugs [Cyclosporine, Corticosteroid], Punctal Plugs [Disposable, Removable], Others), By Disease Type (Aqueous Dry Eye, Evaporative Dry Eye), By Distribution Channel (Offline [Retail Pharmacies, Hospital Pharmacies], Online), By Region (North America, South America, Europe, The Middle East & Africa, Asia Pacific), By Company (Mitotech Pharma, ReGen Tree, Santen Pharmaceutical, HanAll Biopharma, Sun Pharma, Novaliq, Sylentis, Alcon, Horus pharma, Johnson& Johnson, Aldreya Therapeutics, Visufarma, Allergen, Prestige Consumer Health, Others)–Forecast to 2030″, published by MarkNtel Advisors, The Global Dry Eye Syndrome Market size is valued at around USD 5.2 billion in 2023 and is projected to grow at a CAGR of around 4.21% during the forecast period, i.e., 2024-30.
The data present in the report exhibit from the historic years (2019-22) and the base year (2023) to put together estimations for the forecast period (2024-30). In the study, our researchers put together reliable, unbiased, and accurate data to enlighten investors about fluctuations in the industry & anticipations on what to expect in the future. Since the industry is dynamic and highly fragmented, this report enables the prominent players to make strategic moves associated with their investments in the coming years.
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Global Dry Eye Syndrome Market Driver:
Growing Number of Eye Care Centers Prompting Surge in Product Utilization – The prevalence of dry eye disease has been increasing worldwide, owing to various reasons such as environmental conditions, hormonal changes, a rise in the geriatric population, autoimmune disorders, etc. This has resulted in a spike in eye clinics & centers globally for treatment. Additionally, the blossoming of eye care centers is majorly driven by the steady boost in professionals, such as ophthalmologists & optometrists. While the number of ophthalmologists is expected to remain stable, the number of optometrists is presumed to raise.
Optometrists offer services through private practices, chain/mass merchandisers, and government organizations. Independent optometrists can differentiate themselves by providing personalized care, building patient loyalty, and offering clinical care. Hence, this allows them to offer a higher level of service to the patients. Thus, the growing number of eye care centers is prompting a surge in product utilization of DED & would propel its demand in the forecast years.
Dry Eye Syndrome Market Segmentation
The Dry Eye Syndrome Market is highly robust and fragmented into numerous segments;
By Product
-Artificial Tears- Market Size & Forecast 2019-2030, USD Million
-Anti-inflammatory Drugs- Market Size & Forecast 2019-2030, USD Million
–Cyclosporine– Market Size & Forecast 2019-2030, USD Million
–Corticosteroid– Market Size & Forecast 2019-2030, USD Million
-Punctal Plugs- Market Size & Forecast 2019-2030, USD Million
— Market Size & Forecast 2019-2030, USD Million
–Removable– Market Size & Forecast 2019-2030, USD Million
-Others (Secretagogues, Oral drugs, etc.)- Market Size & Forecast 2019-2030, USD Million
By Disease Type
-Aqueous Dry Eye – Market Size & Forecast 2019-2030, USD Million
-Evaporative Dry Eye – Market Size & Forecast 2019-2030, USD Million
By Distribution Channel
-Offline- Market Size & Forecast 2019-2030, USD Million
–Retail Pharmacies- Market Size & Forecast 2019-2030, USD Million
–Hospital Pharmacies – Market Size & Forecast 2019-2030, USD Million
-Online- Market Size & Forecast 2019-2030, USD Million
By Region
-North America
-South America
-Europe
-Middle East & Africa
-Asia-Pacific
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Key Players Operating in the Dry Eye Syndrome Market: –
Alcon
-Business Description
-Product Portfolio
-Strategic Alliances or Partnerships
-Recent Developments
-Financial Details
-Others
Horus Pharma
-Business Description
-Product Portfolio
-Strategic Alliances or Partnerships
-Recent Developments
-Financial Details
-Others
Johnson & Johnson
-Business Description
-Product Portfolio
-Strategic Alliances or Partnerships
-Recent Developments
-Financial Details
-Others
Alderya Therapeutics
-Business Description
-Product Portfolio
-Strategic Alliances or Partnerships
-Recent Developments
-Financial Details
-Others
Key Questions Answered:
- What is the projected CAGR of the Dry Eye Syndrome Market during the forecast period?
- Which segment is expected to lead the Dry Eye Syndrome Market?
- Who are the prominent players driving market growth?
Key Offerings:
- Market Share, Size, and Revenue Forecast
- Market Dynamics: Growth drivers, restraints, investment opportunities, and key trends
- Landscape: Leading key players and other prominent participants
About MarkNtel Advisors
MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
Using such information, our clients can identify attractive investment opportunities & strategize their moves to yield higher ROI (Return of Interest) through an early mover advantage with top-management approaches.
We understand the mounting & diverse needs of our clients. Hence, our analysts focus on emerging industries to provide services that fulfilled their assessment of the current & future industry potential, identify white spaces & hotspots, & venture into new geographies or business segments in the future.
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