Global Artificial Tears Market: Overview
Artificial tears are eye drops that are used to lubricate dry eyes and they help to preserve moisture on the outer surface of the eyes. Artificial tears are used to treat dry eyes, a condition resulting due to certain medications, aging, and surgery or environmental conditions. Artificial tears are essential for treating dry eye symptoms and are available commercially without prescription.
Artificial tears are manufactured to imitate real tears and for treating various eye problems. These artificial tears are manufactured using salts, water, and polymers. However, artificial tears do not possess the protein that are present in natural tears. In recent years, artificial tears have emerged as an effective solution serving the need of individuals who have extremely dry eyes and need to moisten them every few hours.
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The research report is an all-important tool to comprehend trends, opportunities, and competitive hierarchy of the global artificial tears market until the end of the forecast period in 2025. The report is presented after collecting data from industry-centric databases and scrutinizing the data using standard analytical tools.
The research report divides the artificial tears market on the basis of product and geography. Included in the report is an elaborate executive summary, which provides details of the various segments and sub-segments of the market.
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Global Artificial Tears Market: Drivers and Restraints
The increasing incidence of dry eye syndrome (DES) is one of the major factors driving the artificial tears market. Dry eye syndrome is triggered due to prolonged exposure to digital displays, poor eyelid, regular air travels, malnutrition, dry weather spells, chronic conjunctivitis, scars of eye injury, poor diet, and severe climatic changes. The economic condition of consumers in developing countries is also propelling this market; the low per capita income in developing countries compared to developed countries will result in increased utilization of low-priced artificial tear products.
The increasing use of preservative-free artificial tears, an increasing demand for advanced products for post-surgery care for dry eyes, technological advances, an increasing number of individuals wearing contact lens, and the surging number of mobile and smartphone users are some other factors driving the growth of global artificial tears market.
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However, the growth of the artificial tears market is impeded due to certain factors. The excessive use of artificial tears can have side effects such as redness in the eyes, vision changes, irritation, and eye pain. Nevertheless, the use of advanced eye care products has addressed these issues to some extent.
Global Artificial Tears Market: Regional Outlook
The global artificial tears market is divided into North America, Europe, Asia Pacific, and Rest of the World. Asia Pacific is expected to display attractive growth opportunities due to an increasing aging population and rising incidence of DES patients in the region.
Companies Mentioned in Report
The report presents the vendor landscape of the global artificial tears market with a detailed competitive profile of major companies operating in this market. These are Allergan Inc., Advanced Vision Research Inc., AbbottMedical Optics Inc., Novartis International AG, Santen Pharmaceuticals, McNEIL-PPC, Bausch & Lomb, and Alcon Inc.
The study presents reliable qualitative and quantitative insights into:
- Market segments and sub-segments
Market trends and dynamics
Supply and demand chain of the market
Market valuation (revenue and/or volume)
Forces defining present and estimated future state of the competitive landscape
Value chain and stakeholder analysis
The regional analysis covers:
- North America
Middle East and Africa
The vast market research data included in the study is the result of extensive primary and secondary research activities. Surveys, personal interviews, and inputs from industry experts form the crux of primary research activities and data collected from trade journals, industry databases, and reputable paid sources form the basis of secondary research. The report also includes a detailed qualitative and quantitative analysis of the market, with the help of information collected from market participants operating across key sectors of the market value chain. A separate analysis of macro- and micro-economic aspects, regulations, and trends influencing the overall development of the market is also included in the report.
Highlights of the report:
- A detailed analysis of key segments of the market
Recent developments in the market’s competitive landscape
Detailed analysis of market segments up to second or third level of segmentation
Historical, current, and projected future valuation of the market in terms of revenue and/or volume
Key business strategies adopted by influential market vendors
Outline of the regulatory framework surrounding and governing numerous aspects of the market
Growth opportunities in emerging and established markets
Recommendations to market players to stay ahead of the competition
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