Dry Eye Syndrome Drugs Market 2019
Description: –
The new market research paper forecasted that the global Dry Eye Syndrome Drugs market would grow at around 7.58 percent of compound annual growth rate during the forecast period, i.e., from 2017 to 2021. Dry eye syndrome is called keratoconjunctivitis sicca. This is an ocular disorder that is developed due to the lack of tear fluid, which acts as a natural lubricant. This can also be an indication of low production of tear or continuous evaporation of tears film.
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Key Players
• Allergan
• Novartis
• Otsuka Holdings
• Santen Pharmaceutical
Dry eye syndrome is a common type of eye disorder across the world and is quite common among the geriatric population. The market report suggests that the changing lifestyle and increasing cases of issues that are contributing to dry eye syndrome are some of the major propelling factors for this drug market. This eye-related issue is getting prominence due to the rapidly changing lifestyle, particular medicines consumptions, and the growing number of diseases. Environmental conditions, using contact lenses for a long time, etc can develop this issue.
Technological advancement in the diagnosis of such diseases has improved the treatments for the retinal and ophthalmic disorder. Advanced diagnostic methods help in effectively diagnosing the diseases in the patients. Besides, other types of diagnosing options such as LipiView and rapid Pathogen Screening, etc are helping in this field. The rapid advancement in eye diagnostic techniques for such diseases is forested to be one of the major trends contributing toward the considerable growth of this global Dry Eye Syndrome Drugs market during the forecast period.
Global Market Segmentation Analysis
The global Dry Eye Syndrome Drugs market is segmented on the basis of condition, drug type, and regions. Based on the condition type, it is split into evaporative dry eye syndrome and aqueous dry eye syndrome. As per the market report, the evaporative dry eye syndrome is expected to dominate this market segment as this condition is quite common among people. Now on the basis of drugs type, it is segmented into OTC- Over-the-counter drugs and prescription drugs. The OTC drugs segment will dominate the market during the forecast period. These are the non-prescription drugs which are sold legally. These are widely available in the form of gel, ointments, eye drops and more.
Regional Market Segmentation Analysis
Geographically, the worldwide market for Dry Eye Syndrome Drugs market is segmented into Europe, North America, South America, Asia Pacific, and Middle East & Africa. Besides, the report also includes information related to different key countries’ markets. The countries are China, Japan, India, the United Kingdom, the United States, Russia, Italy, South Africa, Australia, New Zealand, and more. Among these regions, it is expected that North America region will dominate the market in the coming years. The primary driving factor the investment in this regional healthcare sector is increasing. Besides, the region houses some dominating drug manufacturing companies who are now gradually expanding their base.
Latest Market News
In September 2019, Santen Pharmaceutical informed that the company received manufacturing and marketing approval of Alesion LX Ophthalmic, an anti-allergic ophthalmic solution in Japan. Besides, Mitsubishi Tanabe Pharma Corporation and Santee have concluded their join sales promotion contract for Alesion Ophthalmic Solution. The company is now planning to expand its business to other regions.
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Table of Contents – Major key Points
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Market Landscape
Part 06: Pipeline Landscape
Part 07: Market Segmentation By Product
Part 08: Regional Landscape
Continued…
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