Dry Eye Disease In light of the significant increase in geriatric population and the high prevalence of chronic diseases, the market size is projected to grow significantly between 2023 and 2032. The lacrimal glands, which create fluid for the eyes, might be impacted by diabetes. The oil glands in the eyelids, which keep the watery portion of tears from quickly evaporating after each blink, may also be affected by this chronic illness. The demand for dry eye therapy will increase as more people are diagnosed with this condition.
The prevalence of dry eye illnesses is rising due to the 28.7 million Americans who have been diagnosed with diabetes, according to the 2022 National Diabetes Statistics Report. Dry eye disorders, a frequent ailment that develops when the tears do not lubricate the eyes sufficiently, can interfere with the normal tear film. Tear film malfunction can be caused by a variety of conditions, including autoimmune disorders, allergic eye diseases, irritated eyelid glands, and hormonal changes.
Driver
Due to the growing senior population and the increasing incidence of eye-related illnesses among them, the market for dry eye disease is anticipated to increase rapidly during the assessment period of 2023–2032. Numerous researchers and developers have been forced to produce better treatment options due to the increased prevalence of these ailments, which has improved the market’s growth prospects for dry eye disease.
Restraint
Many consumers and medical professionals use over-the-counter artificial tears to treat dry eye disease in its early stages. For the treatment of dry eye problems, a few fairly pricy prescription medications are advised. Additionally, these medications only treat the visible symptoms; they don’t deal with its underlying causes. During the anticipated time, these variables are probably going to limit market expansion.
Report Scope:
The primary and secondary research is done in order to access up-to-date government regulations, market information and industry data. Data were collected from the Dry Eye Disease manufacturers, distributors, end users, industry associations, governments’ industry bureaus, industry publications, industry experts, third party database, and our in-house databases. The report combines extensive quantitative analysis and exhaustive qualitative analysis, ranges from a macro overview of the total market size, industry chain, and market dynamics to micro details of segment by type, application and region and as a result provides a holistic view of as well as a deep insight into the market covering all its essential aspects.
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Global Dry Eye Disease Market: Segmentations
Global Dry Eye Disease Market: By Key Players
Santen Pharma
Novartis
Llergan
Takeda
TRB Chemedica
Sun Pharmaceutical
Senju Pharmaceutical
Sentiss Pharma
Johnson & Johnson
Otsuka
Mitotech
FCI
Altacor
Valeant Pharmaceuticals
United Laboratories
Jianfeng Group
Eusan GMBH
Global Dry Eye Disease Market: By Types
Artificial Tears
Anti-inflammatory Drugs
Global Dry Eye Disease Market: By Applications
Hospital
Drug Stores
Online Pharmacies
Global Dry Eye Disease Market: Regional Analysis
The countries covered in the regional analysis of the Global Dry Eye Disease market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
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Dry Eye Disease Market Competitor Analysis
Due to the existence of several businesses operating both internationally and regionally, the market is fragmented in character. A few well-known, internationally operating, and domestic enterprises with significant market shares are examined as part of the competitive landscape. AFT Pharmaceuticals, Akorn, Alcon Inc., Bausch Health Companies Inc., Horus Pharma, Johnson & Johnson, Mitotech, Novaliq GmbH, OASIS Medical, Otsuka Pharmaceutical Co. Ltd, Prestige Consumer Healthcare, Santen Pharmaceutical Co. Ltd, Sentiss Pharma Pvt. Ltd, Sun Pharmaceutical Industries Ltd, and VISUfarma are some of the major players in this market.
COVID-19 Impact on The Market:
Concerns about the potential risk of infection in disorders related to the eyes have disturbed the healthcare sector as a result of the destructive attack of COVID-19 variants, including Delta and Omicron. Due to particle exposure throughout the course of in-person clinical evaluations, there was a potential increase in ophthalmic disorders, which are linked to eye problems. Rapid advances in AI and 5G mobile networks are anticipated to enable online consultations, telemedicine, and smartphone-based apps despite the current state of uncertainty. The use of the online platforms is widespread throughout North America, the Asia-Pacific region, and Europe.
Dry Eye Disease Market Research FAQs
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