Dry Eye Syndrome Market Poised to Grow at a CAGR of 4.8% by 2024

Dry Eye Syndrome Market Poised to Grow at a CAGR of 4.8% by 2024


Infinium Global Research has added a new report on Dry Eye Syndrome. The report presents analysis of global as well as regional markets of dry eye syndrome over the period of 2016 to 2024.

 

Dry eye can be used to describe dryness and inflammation of the cornea. Dry eye occurs when, either the eyes are not able to produce enough tears or when the tears evaporate too quickly. Dry eye syndrome is one of the most common eye disorders around the world and is particularly common in the geriatric demographic. Dry eye syndrome results from use of contact lens, allergiespregnancyvitamin A deficiencyLASIK surgery, and certain medications such as antihistamineshormone replacement therapy, antidepressants and others. Symptoms associated with dry eye syndrome includes irritation, redness, discharge, and easily fatigued eyes.

 

The growth of the dry eye syndrome market is majorly due to combination of factors such as rising geriatric population around the world, growing prevalence of diabetes and increase awareness among the population concerning dry eye syndrome. However, Dry eye syndrome is likely to be ignored by many patients, since the inconvenience caused by it is not debilitating which affects the market growth. The rising awareness about the dry eye syndrome diagnosis & treatment can result in more number of patients proactively trying to cure the disease that may create lucrative opportunities for market growth.

 

The dry eye syndrome market is influenced mainly by North America region in 2017. The high prevalence of lifestyle disorders that increases the chances of contracting dry eye syndrome in this region is a major driver for the North America dry eye syndrome market. Asia Pacific is expected to grow at the highest CAGR during the forecast period owing to growing healthcare infrastructure facilities and increasing population that is likely to increase the chance of people getting affected with dry eye syndrome.

 

Moreover, the growth matrix presented by Infinium Global Research identifies the key investment markets in the near future, this will not only help the companies to understand the competitive position in the global dry eye syndrome but also make strategic decisions to capture the most lucrative markets in the near future.

 

The market size is presented in terms of value for the historic year 2016 and estimated for forecast period of 2018-2024.

 

Get 15% discount for early purchase of global dry eye syndrome report by clicking the following link, Use code IGRD15 to request the discount in the given form

https://www.infiniumglobalresearch.com/reports/request-discount/1341

 

The recent report identified that North America dominated the global dry eye syndrome over the last couple of years, while emerging markets of Asia-Pacific and Latin America are anticipated to contribute significantly to the growth in the dry eye syndrome worldwide.

The report segments the global dry eye syndrome on the basis of Drug and Product.

 

Global Dry Eye Syndrome by Drug

·         Lubricant Eye Drops

·         Anti-inflammatory Drugs

·         Autologous Serum Eye Drops

 

Global Dry Eye Syndrome by Product

·         Liquid Drops

·         Gel

·         Liquid Wipes

·         Eye Ointment

·         Others

 

Companies Profiled in the Report

·         Novartis AG

·         Allergan plc

·         Otsuka Holdings Co

·         Santen Pharmaceutical Co.Ltd

·         Nicox S.A.

·         Auven Therapeutics

·         Akorn, Inc.

·         Bausch & Lomb Incorporated

·         Alimera Science

·         GlaxoSmithKline plc

 

About Infinium Global Research

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