Global Dry Eye Drugs and Devices Treatment
Market Report
2024
The Dry eye drugs and devices treatment market was valued at USD 229.1 Million in 2022 and will reach USD 382.5 Million, with a CAGR of 7.6 % from 2023 to 2030.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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The Dry eye drugs and devices treatment market was valued at USD 229.1 Million in 2022 and will reach USD 382.5 Million, with a CAGR of 7.6 % from 2023 to 2030.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Dry Eye Drugs and Devices Treatment Market Sales Revenue 2022 | $ 229.1 Million |
Global Dry Eye Drugs and Devices Treatment Market Sales Revenue 2030 | $ 382.5 Million |
Global Dry Eye Drugs and Devices Treatment Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 7.6% |
Market Split by Type |
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Market Split by Application |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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What is meant by dry eye drugs and device treatment?
Dry eye drugs and devices are used in the treatment of dry eye disease. It is a condition that impacts the tear film and ocular surface. Dry eye disease is one of the most common eye diseases. Increase in the geriatric population all over the world, rise in the prevalence of dry eyes disease and high rate of diabetes these factors are expected to drive the market.
Drivers of the Dry eye drugs and devices treatment Market:
Rising prevalence of dry eye disease all over the world will expand the growth of the dry eye drugs and devices treatment market. The prevalence of this disease varies with the age. The growing usage of mobiles, laptops, improper diet, rise in the use of the contact lenses will also increase the prevalence of the disease in the young people.
Restraining Factor:
The attitude of the general public towards ocular health is the major restraint for the market. Ophthalmologists are not frequently visited by patients unless there is a serious condition. Many times, dry eye symptoms including redness, burning, and others are ignored and are not diagnosed. This results in the reduction of the patient pool that can be treated with these prescription drugs.
Impact of the COVID-19 pandemic on the Dry eye drugs and devices treatment market:
COVID-19 had negatively affected the dry eye drugs and devices treatment market. This is due to the decrease in the visits to hospitals. Additionally, during the pandemic the whole healthcare system was focused on Covid-19.
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Jan 2022
Cequa, a dry eye care solution, has been introduced in Canada, according to Sun Pharma. It is the first treatment for dry eye illness to use nano micellar (NCELL) technology. This method increases the cyclosporine's bioavailability and physiochemical stability to increase eye tissue penetration.
Oct 2021
Oyster Point Pharma, Inc, today announced that the U.S. Food and Drug Administration (FDA) has approved TYRVAY (varenicline solution) Nasal Spray 0.03 mg for the treatment of the signs and symptoms of dry eye disease. TYRVAYA Nasal Spray is the first and only nasal spray approved for the treatment of dry eye disease.
Jan 2022
To treat the signs and symptoms of dry eyes, NovaBay Pharmaceuticals introduced Avenova lubricating eye drops.
Top Companies Market Share in Dry Eye Drugs and Devices Treatment Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
On the basis of regions, the Dry eye drugs and devices treatment market is segmented into North America, Europe, Asia Pacific, South America and Middle East and Africa. North America dominated the market. This is attributed to increasing prevalence of this disease and growing adoption of drugs for the treatment. For instance, in March 2022, based on a report published by Eyes On Eyecare, dry eye disease is more prevalent than ever, with an estimated 35.0 million people in the U.S. suffering from this disease.
The current report Scope analyzes Dry Eye Drugs and Devices Treatment Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only. To learn more about geographical trends request the free sample pages. Contact US!
Global Dry Eye Drugs and Devices Treatment Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Dry Eye Drugs and Devices Treatment Industry growth. Dry Eye Drugs and Devices Treatment market has been segmented with the help of its Type, Application , and others. Dry Eye Drugs and Devices Treatment market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
By type the dry eye drugs and devices treatment market is segmented into antibiotic drops, hormone drops, artificial tears. The artificial tears segment has dominated the market. This is attributed to the continuous launches of over-the-counter (OTC) medications to meet the rising demand from patients suffering from this condition and the high adoption rate of the artificial rates segment. Additionally, the artificial tears eye drops can be bought without prescriptions.
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By application the dry eye drugs and devices treatment market is segmented into hospital pharmacies, retail pharmacies, online pharmacies. The hospital pharmacy segment held the largest market share. This is attributed to the increasing number of the medicines for the treatment of this disease.
The above Graph is for representation purposes only. This chart does not depict actual Market share. Please purchase the Dry Eye Drugs and Devices Treatment market report 2024 Edition by contacting our team.
Research Associate at Cognitive Market Research
Anushka Gore is a seasoned market researcher specializing in the dynamic landscape of the Pharmaceutical industry. With a keen analytical mind and a deep passion for healthcare advancements, she has dedicated herself unraveling the intricate market trends and consumer behaviors that shape the future of medical technologies and services.
Anushka is a highly motivated and detail-oriented research analyst with a passion for uncovering valuable insights from data. Her expertise in Market Research and business intelligence has equipped her with the skills necessary to analyze complex information and provide strategic recommendations. She thrives in dynamic environments where her analytical abilities and research expertise can contribute to informed decision-making for businesses
I played a pivotal role in conducting market research and competitive analysis. I have a demonstrated ability to synthesize diverse data sources, identify trends, and translate findings into actionable recommendations. My collaborative approach facilitated effective communication of insights, fostering a data-driven culture within the organization. I am committed to maintaining excellence through continuous learning and staying ahead of industry trends. Regular participation in conferences and professional development opportunities keeps my skills sharp and relevant.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Dry Eye Drugs and Devices Treatment Market is witnessing significant growth in the near future.
In 2023, the Antibiotic Drops segment accounted for noticeable share of global Dry Eye Drugs and Devices Treatment Market and is projected to experience significant growth in the near future.
The Hospital Pharmacies segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Novartis, Johnson & Johnson and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Disclaimer:
Type | Antibiotic Drops, Hormone Drops, Artificial Tears, Others |
Application | Hospital Pharmacies, Retail Pharmacies, Online Pharmacies |
List of Competitors | Novartis, Merck, Johnson & Johnson, EyeGate Pharmaceuticals, Allergan, Shire, Jianfeng Group, Bausch Health, Santen Pharmaceutical, Senju Pharmaceutical |
This chapter will help you gain GLOBAL Market Analysis of Dry Eye Drugs and Devices Treatment. Further deep in this chapter, you will be able to review Global Dry Eye Drugs and Devices Treatment Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Purchase Add-Ons to Customize the Report Edition and get further granular data level data about the North America market. Add-On Cost: Request before placing the order, Respective Pricing will be informed after sending the inquiry
Qualitative Analysis for the North America Market: North America Dry Eye Drugs and Devices Treatment Market Trends North America Dry Eye Drugs and Devices Treatment Technological Road Map North America Dry Eye Drugs and Devices Treatment Market Drivers North America Dry Eye Drugs and Devices Treatment Market Restraints North America Dry Eye Drugs and Devices Treatment Market Opportunity Market Attractiveness Analysis COVID – 19 Impact Analysis PESTEL Analysis Porter’s Five Forces Analysis Product Life Cycle Industrial Chain Analysis
You can purchase only the Executive Summary North America Market (2019 vs 2024 vs 2031)
Chapter 3 Europe Market Analysis
You can purchase only the Executive Summary Europe Market (2019 vs 2024 vs 2031)
Chapter 4 Asia-Pacific Market Analysis
You can purchase only the Executive Summary Asia Pacific Market (2019 vs 2024 vs 2031)
Chapter 5 South America Market Analysis
You can purchase only the Executive Summary South America Market (2019 vs 2024 vs 2031)
Chapter 6 Middle East and Africa Market Analysis
You can purchase only the Executive Summary Middle East and Africa Market (2019 vs 2024 vs 2031)
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Dry Eye Drugs and Devices Treatment market
Chapter 12 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Antibiotic Drops have a significant impact on Dry Eye Drugs and Devices Treatment market? |
What are the key factors affecting the Antibiotic Drops and Hormone Drops of Dry Eye Drugs and Devices Treatment Market? |
What is the CAGR/Growth Rate of Hospital Pharmacies during the forecast period? |
By type, which segment accounted for largest share of the global Dry Eye Drugs and Devices Treatment Market? |
Which region is expected to dominate the global Dry Eye Drugs and Devices Treatment Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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