Artificial Tears Market 2022-2028

Description

List of Tables

Global Artificial Tears Market Size, Share & Trends Analysis Report by Type (Cellulose Derived, Glycerin Derived, Oil Based Emulsion Tears, and Polyethylene Glycol and Propylene Glycol-Based Tears), by Delivery Method (Eye Drops, Ointments), by Application (Dry Eyes Treatment, Contact Lenses Moisture) Forecast (2022-2028)

The global artificial tears market is anticipated to grow at a substantial CAGR of 6.2% during the forecast period. The incidence of dry eye syndrome is increasing among people which is driving the growth of the artificial tears market during the forecast period. The prevalence of dry eye was found to be maximum in the elderly. According to Frontiers Media S.A., dry eye symptoms happened in 54.3% of adult patients.

The global artificial tears market is segmented based on types, delivery methods, and applications. Based on types, the market is further diversified as cellulose-derived tears, glycerin-derived tears, oil-based emulsion tears, and polyethylene glycol and propylene glycol-based tears. Based on the delivery method, the market is bifurcated into eye drops and ointments. Based on the application, the market is segmented into dry eyes treatment and contact lenses moisture.

Geographically market is segmented into North America, Europe, Asia Pacific, and the Rest of the World. The market in the European region is growing during the forecast period. The increasing usage of advanced eye drops in the European region is driving the artificial tears market growth during the forecast. For instance, in January 2022, Alcon launched Systane artificial tear drops in Europe. European dry eye products portfolio includes Systane Complete Preservative-Free Lubricant Eye Drop, available in an easy-to-use, multi-dose bottle.

The major companies serving the global Artificial Tears market include AbbVie Inc., Bayer Pharma AG, Merck & Co., GlaxoSmithKline Plc, and Pfizer Inc. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in March 2020, Alcon introduced Systane Hydration Preservative-Free (PF), the latest addition to the #1 doctor recommended Systane Family of Products, at the SECO International 2020 meeting (#SECO2020). Systane Hydration PF Lubricant Eye Drops are a new preservative-free option for dry eye sufferers with sensitive eyes and those in need of long-lasting relief. It is used as a protectant against further irritation and to relieve dryness in the eye.

Research Methodology

The market study of the global pharmaceutical filtration market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market into various segments, and derive the total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives as possible, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.

Secondary Sources Include:

Financial reports of companies involved in the market.
Whitepapers, research papers, and news blogs.
Company websites and their product catalog.

The report provides an in-depth analysis of the market size, and intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.

Market Segmentation

1. Global Artificial Tears Market Research and Analysis by Type.

2. Global Artificial Tears Market Research and Analysis by Delivery Method.

3. Global Artificial Tears Market Research and Analysis by Application.

The Report Covers:

Comprehensive Research Methodology of the global pharmaceutical filtration market.
This report also includes a detailed and extensive market overview with key analyst insights.
An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
Analysis of regional regulations and other government policies impacting the global pharmaceutical filtration market.
Insights about market determinants that are stimulating the global pharmaceutical filtration market.
Detailed and extensive market segments with the regional distribution of forecasted revenues.
Extensive profiles and recent developments of market players.

Product Code: OMR2026492

1. Report Summary

Current Industry Analysis and Growth Potential Outlook
Impact of COVID-19 on the Global Artificial Tears Market
Recovery Scenario of Global Artificial Tears Market
1.1. Research Methods and Tools
1.2. Market Breakdown
- 1.2.1. By Segments
- 1.2.2. BY Region

2. Market Overview and Insights

2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
- 2.2.1. Key Findings
- 2.2.2. Recommendations
- 2.2.3. Conclusion

3. Competitive Landscape

3.1. Key Company Analysis
3.2. Bausch Health Companies Inc.
- 3.2.1. Overview
- 3.2.2. Financial Analysis
- 3.2.3. SWOT Analysis
- 3.2.4. Recent Developments
3.3. Bayer Pharma AG
- 3.3.1. Overview
- 3.3.2. Financial Analysis
- 3.3.3. SWOT Analysis
- 3.3.4. Recent Developments
3.4. Merck & Co.
- 3.4.1. Overview
- 3.4.2. Financial Analysis
- 3.4.3. SWOT Analysis
- 3.4.4. Recent Developments
3.5. Johnson & Johnson Services
- 3.5.1. Overview
- 3.5.2. Financial Analysis
- 3.5.3. SWOT Analysis
- 3.5.4. Recent Developments
3.6. Teva Pharmaceuticals Industries, Ltd.
- 3.6.1. Overview
- 3.6.2. Financial Analysis
- 3.6.3. SWOT Analysis
- 3.6.4. Recent Developments
3.7. Key Strategy Analysis
3.8. Impact of Covid-19 on Key Players

4. Market Segmentation

4.1. Global Artificial Tears Market by Type
- 4.1.1. Cellulose Derived
- 4.1.2. Glycerine Derived
- 4.1.3. Oil Based Emulsion Tears
- 4.1.4. Polyethylene Glycol And Propylene Glycol-Based Tears
4.2. Global Artificial Tears Market by Delivery Method
- 4.2.1. Eye Drops
- 4.2.2. Ointments
4.3. Global Artificial Tears Market by Application
- 4.3.1. Dry Eyes Treatment
- 4.3.2. Contact Lenses Moisture

5. Regional Analysis

5.1. North America
- 5.1.1. US
- 5.1.2. Canada
5.2. Europe
- 5.2.1. UK
- 5.2.2. Germany
- 5.2.3. Italy
- 5.2.4. Spain
- 5.2.5. France
- 5.2.6. Rest of Europe
5.3. Asia-Pacific
- 5.3.1. China
- 5.3.2. India
- 5.3.3. Japan
- 5.3.4. South Korea
- 5.3.5. Rest of Asia-Pacific
5.4. Rest of the World

6. Company Profile

6.1. Akorn Operating Company LLC
6.2. Alcon Vision LLC
6.3. Allergan Plc
6.4. Aura Labs Ltd.
6.5. Bausch Health Companies Inc.
6.6. Bausch & Lomb Inc.
6.7. Carl Zeiss AG
6.8. Essilor International
6.9. Hoya Corp.
6.10. Nicox S.A.
6.11. Novartis International AG
6.12. OCuSOFT Inc.
6.13. Pfizer, Inc.
6.14. ROHTO Pharmaceutical Co., Ltd.
6.15. Sanofi S.A.
6.16. Santen AG
6.17. Similasan Corp.
6.18. Topcon Corp.
6.19. URSAPHARM Arzneimittel GmbH