Dry Eye Products Market Global Growth, Opportunities, Industry Analysis & Forecast To 2025

Dry eye is a chronic syndrome and is a progressive depending upon the cause and severity. It is a condition when a person does not have tears to lubricate his or her eyes. Tears are an essential part of maintaining good health of the eye and assist in providing good vision. The syndrome is commonly seen among older people and is becoming common among people spending a long time in front of the computer. The factors that can cause dry eye include age, medications, environmental conditions, long term use of contact lenses. The conditions cannot be cured completely; however, it can be managed by using medical products.

The development in the healthcare industry has enabled to offer various hi-tech healthcare facilities that have allowed offering increased life expectancy. Countries across the world are adopting new techniques to treat older people safely and effectively. Therefore, the increased quality of life is decreasing the death rates, and the older population is growing significantly all over the world. For instance, according to the Department of Economic and Social Affairs, the United Nations report for 2019, there were 703 million individuals of age 65 years and above and is estimated to grow double to 1.5 billion by 2050.

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Leading Dry Eye Products Market Players:

• Novartis AG
• Santen Pharmaceutical Co., Ltd
• Johnson and Johnson Services, Inc
• OASIS Medical
• URSAPHARM Arzneimittel GmbH
• ROHTO Pharmaceutical Co., Ltd
• OCuSOFT Inc
• Bausch Health Companies Inc.
• AbbVie Inc.
• Prestige Consumer Healthcare Inc.

 The report segments Global Dry Eye Products Market as follows:

Dry eye is a chronic syndrome and is a progressive depending upon the cause and severity. It is a condition when a person does not have tears to lubricate his or her eyes. Tears are an essential part of maintaining good health of the eye and assist in providing good vision. The syndrome is commonly seen among older people and is becoming common among people spending a long time in front of the computer. The factors that can cause dry eye include age, medications, environmental conditions, long term use of contact lenses.

Product -Based Insights

Based on the product type, the market is segmented into artificial tears, antibiotic drops, hormone drops, and others. The artificial tears segment held the largest share of the market in 2021.

Based on type, the global dry eye products market is bifurcated into OTC drugs, and prescription drugs. The OTC drugs segment held the largest share of the market in 2021. However, the prescription drugs segment is anticipated to register the highest CAGR during the forecast period. Prescription drugs are given when patients are not getting results with prolonged use of artificial tears that are available over the counter, these patients are advised to visit an eye specialist.

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Dry Eye Products Market Segmented by Region/Country: North America, Europe, Asia Pacific, Middle East & Africa, and Central & South America

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