Global Dry Eye Syndrome Market: In-Depth Analysis and Forecasts for 2024-2030
MarkNtel Advisors, a leading market research firm, has showed its latest study titled “Dry Eye Syndrome Market“, offering a detailed industry overview and market perspective. This comprehensive research provides insights into the current state of the market, highlighting recent advancements and emerging trends.
The report combines in-depth quantitative analysis with qualitative analysis; it ranges from macro-overviews of the overall market size, industry chain, and market dynamics to micro details of segment markets. This, as a result, provides a thorough overview of the industry under study as well as a profound understanding of all of its important features.
Analysis and Insights into the Dry Eye Syndrome Market: 2024-2030
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 growing incidence of this disease globally has been driving the demand for its drugs in the market since the historical years, and this trend is expected to flourish during the forthcoming period as well. Owing to the rise in the geriatric population, increased awareness of the diagnosis & treatment, and an upsurge in the usage of contact lenses, high screen time, etc., are some factors aiding in enhancing the market size.
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What are the primary factors driving the growth of the Dry Eye Syndrome Market?
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 categorized in to different segments. Analyzing growth across these segments enables a comprehensive understanding of key growth areas within the industry. This segmentation provides valuable market insights, empowering stakeholders to make strategic decisions and identify primary market applications effectively.
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
- Dissolvable– 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
Geographical Analysis into the Dry Eye Syndrome Market:
The Dry Eye Syndrome market is categorized based regional:
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
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Competitive Landscape and Dry Eye Syndrome Market Share Analysis:
The competitive landscape of the Dry Eye Syndrome Market includes comprehensive details about competitors. These details encompass company overviews, financial performance, revenue generation, market potential, investments in research and development, new market strategies, production facilities, strengths and weaknesses, product launches, ongoing trials, approvals, patents, product range, dominant applications, and technology life cycle.
- Mitotech Pharma
- ReGen Tree
- Santen Pharmaceutical
- HanAll BioPharma
- Sun Pharma
- Novaliq
- Sylentis
- Alcon
- Horus Pharma
- Johnson & Johnson
- Alderya Therapeutics
- Visufarma
- Allergan
- Prestige Consumer Health
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Questions Addressed in this Study
- What factors are driving the Dry Eye Syndrome Market growth?
- How is the Dry Eye Syndrome Market expected to grow over the next five years?
- What are the key insights into the current trends in the Dry Eye Syndrome Market?
- What is the current size of the Dry Eye Syndrome Market, and how is it projected to change in the future?
- What is the future outlook for the Dry Eye Syndrome Market in terms of technological advancements and market expansion?
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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 14.8 diverse industrial verticals.
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