Key Trends And Drivers In The Dry Eye Medication Market 2023
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The global dry eye medication market is set to increase from $8.67 billion in 2022 to $9.62 billion in 2023, with an 11.0% CAGR. By 2027, it’s projected to reach $13.99 billion, growing at a 9.8% CAGR.
Dry eye medication boosts eye moisture to treat dry eye, a multifactorial condition causing symptoms like pain, blurred vision, and ocular surface issues, including injury risk.
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Dry Eye Medication Market Driver
Rising dry eye disease cases drive treatment demand due to factors like aging, vitamin A deficiency, contact lenses, eye surgeries, wind/smoke exposure, and prolonged screen use.
Dry Eye Medication Market Trends
Modern techniques enhanced dry eye disease treatment, introducing advanced hyaluronic acid-based lubricants and lipid emulsions, replacing isotonic sodium chloride artificial tears, ensuring prolonged eye lubrication.
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Major Players And Regions Of The Dry Eye Medication Market
Major players in the dry eye medication market are Novartis, Allergan, Otsuka, Santen Pharmaceutical, Auven Therapeutics, Akorn, Valent Pharmaceuticals, Johnson and Johnson Vision, Alcon and Bausch & Lomb.
North America was the largest region in the dry eye medication market in 2022.
Dry Eye Medication Market Segmentation By The Business Research Company
The global dry eye medication market is segmented –
1) By Type: Aqueous dry eye syndrome, Evaporative dry eye syndrome
2) By end-user: Hospital Pharmacies, Eye Health Clinics, Retail Pharmacies, Online Pharmacies
3) By Product Type: Liquid Drops, Gel, Liquid Wipes, Eye Ointment
The Table Of Content For The Dry Eye Medication Market Include:
1. Dry Eye Medication Market Executive Summary
2. Dry Eye Medication Market Segments
3. Dry Eye Medication Market Size And Dry Eye Medication Market Growth Rate
4. Key Dry Eye Medication Market Trends
5. Major Dry Eye Medication Market Drivers
25. Key Mergers And Acquisitions In The Dry Eye Medication Market
26. Top Dry Eye Medication Companies
27. Dry Eye Medication Market Opportunities And Strategies
28. Dry Eye Medication Market, Conclusions And Recommendations
The Dry Eye Medication Market Global Market Report 2023 covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the dry eye medication market.
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