Global Eye Drops and Lubricants Market- Industry Analysis and Forecast (2020-2027)-by Type, Application, and Region.

Global Eye Drops and Lubricants Market size is expected to grow at a CAGR of 5.1% during the forecast period and the market size is expected to reach nearly US$ 24.75 Bn. by 2027. To know about the Research Methodology :- Request Free Sample Report

Global Eye Drops and Lubricants Market Dynamics

The Research Report gives a comprehensive account of the drivers and restraints in the eye drops and lubricants market. Most human beings have eye issues. These eye problems may be handled with the aid of using eye drops and lubricants which are powerful and much less painful. These are used for the treatment of eye sicknesses and issues including dry eye, redness, itching, discomfort, glaucoma, conjunctivitis, refractive mistakes, diabetic macular edema, CMV retinitis, and age-related macular degeneration.The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and same is reflected in our analysis. According to World Health Organization globally, it is estimated that approximately 1.3 Bn people live with some form of distance or near vision impairment. The number of people at risk of trachoma – the world’s leading infectious cause of blindness has fallen from 1.5 billion in 2002 to just over 142 million in 2019. The upward push in the number of cataracts and other eye-associated surgical procedures, that require the use of eye drops after the manner, is a prime increase motive force for the eye-drop and lubricant market. Additionally, government initiatives such as the National Programme for Control of Blindness (NPCB) are growing recognition of the want for eye care amongst people; whilst clean availability of eye drops through organized pharmaceuticals’ distribution networks is adding to the voluminous trade and sales. Besides, growing prevalence of trachoma in developing and below- countries, coupled with authorities’ tasks with the help of NGOs in order to eliminate trachoma is resulting in excessive demand for eye drops and lubrications. This is another factor anticipated to further support growth of the target market. In 2018 alone, 146112 cases of trichiasis were managed and almost 90 million people were treated with antibiotics for trachoma in 782 districts worldwide. On the opposite, the upsurge in investment via producers within the emerging economies and increase in initiatives to reduce the burden of glaucoma globally are anticipated to offer lucrative opportunities for market expansion. However, extended timelines required for the approval of eye drops and lubricants and risk of related side effects impede the market growth.

Global Eye Drops and Lubricants Market Segment analysis

Based on the application, the eye disease segment is expected to grow at a CAGR of XX% during the forecast period. The eye disease segment is the fastest growing segment owing to universal growth in the frequency of eye diseases and upsurge in the aged populace. The eye diseases segment, comprising of conjunctivitis, glaucoma and refractive error, is projected to be rising at a CAGR of 4.34% going through 2027.

Global Eye Drops and Lubricants Market Regional analysis

The North America is projected to dominate the global eye drops and lubricants market throughout the forecast period. North America is anticipated to seize foremost market share due to an increase in fitness care investments with the aid of manufacturers and excessive R&D expenditure with the by companies for the improvement of these medicinal drugs. Besides, the upsurge in occurrence of ophthalmic disorders fuels the increase of the market inside the region. The primary causes of blindness and low vision in the United States are mainly age-related eye diseases like age-related macular degeneration, cataract, diabetic retinopathy, and glaucoma. Other common eye disorders include amblyopia and strabismus. Though, the marketplace in the Asia Pacific is predicted to enlarge at a high CAGR from 2019 to 2027 owing to the fast expansion of health care infrastructure, excessive prevalence of ophthalmic sicknesses, and upward push in health care initiatives via governments.

Global Eye Drops and Lubricants Market  Key Development

• In Oct. 7, 2019 - Allergan plc a leading global pharmaceutical company with a more than 70-year heritage in eye care, announced the launch of three new over-the-counter (OTC) REFRESH® RELIEVA™ products: such as REFRESH® RELIEVA™, REFRESH® RELIEVA™ PF (preservative-free) multidose, and REFRESH® RELIEVA™ FOR CONTACTS. This new line of artificial tear formulations available in preserved, preservative-free multidose, and a formula designed for contact lens wearers, are specially formulated to relieve discomfort due to eye dryness and to prevent further irritation. • In August 6, 2019 –According to research the hyaluronic acid can be used as an alternative to autologous human serum eye drops. High-molecular-weight hyaluronic acid eye drops have unique features that resemble the natural hyaluronic acid at the ocular surface so much that apparently in some patients, these drops are perceived to be even better than the patient’s own serum. • In 2019, Bausch + Lomb acquired the U.S. Food and Drug Administration (FDA) approval for its Lotemax SM ophthalmic gel 0.38%, for use for the remedy of postoperative inflammation and ache after eye surgical operation, which include for cataract surgical operation. Approvals by way of elite and trusted agencies like FDA aids in including a layer of authenticity to market products, The objective of the report is to present a comprehensive analysis of the Global Eye Drops and Lubricants Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Eye Drops and Lubricants Market dynamics, structure by analysing the market segments and projects the Global Eye Drops and Lubricants Market size. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Eye Drops and Lubricants Market make the report investor’s guide.

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Global Eye Drops and Lubricants Market, By Type

• Antibiotics • Hormone • Artificial tears • Others

Global Eye Drops and Lubricants Market, By Application

• Eye Disease • Eye Care • Others

Global Eye Drops and Lubricants Market, By Regions

• North America • Europe • Asia-Pacific • South America • Middle East and Africa (MEA)

Key Players operating the Global Eye Drops and Lubricants Market

• Johnson and Johnson Services • Clear Eyes • Sager Pharma • Rohto Pharmaceutical Co, Ltd • Bausch and Lomb • Similasan • Bayer • Bausch Lomb • Allergan, Inc. • Valeant • Abbott Laboratories • Thera Tears • Blink • Refresh • Pfizer • Alcon, Inc. • Aerie Pharmaceuticals • Clear Eyes • Novartis AG • Akorn Incorporated • Prestige Consumer Healthcare, Inc • Maya Biotech Private Limited
Global Eye Drops and Lubricants Market 1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Eye Drops and Lubricants Market Size, by Market Value (US$ Mn) 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunities 4.2.4. Challenges 4.3. Porter’s Analysis 4.4. Value Chain Analysis 4.5. Market Risk Analysis 4.6. SWOT Analysis 4.7. Industry Trends and Emerging Technologies 4.8. Patent Registration 5. Supply Side and Demand Side Indicators 6. Global Eye Drops and Lubricants Market Analysis and Forecast 6.1. Global Eye Drops and Lubricants Market Size & Y-o-Y Growth Analysis 6.1.1. North America 6.1.2. Europe 6.1.3. Asia Pacific 6.1.4. Middle East & Africa 6.1.5. South America 7. Global Eye Drops and Lubricants Market Analysis and Forecast, By Type 7.1. Introduction and Definition 7.2. Key Findings 7.3. Global Eye Drops and Lubricants Market Value Share Analysis, By Type 7.4. Global Eye Drops and Lubricants Market Size (US$ Mn) Forecast, By Type 7.5. Global Eye Drops and Lubricants Market Analysis, By Type 7.6. Global Eye Drops and Lubricants Market Attractiveness Analysis, By Type 8. Global Eye Drops and Lubricants Market Analysis and Forecast, By Application 8.1. Introduction and Definition 8.2. Key Findings 8.3. Global Eye Drops and Lubricants Market Value Share Analysis, By Application 8.4. Global Eye Drops and Lubricants Market Size (US$ Mn) Forecast, By Application 8.5. Global Eye Drops and Lubricants Market Analysis, By Application 8.6. Global Eye Drops and Lubricants Market Attractiveness Analysis, By Application 9. Global Eye Drops and Lubricants Market Analysis, by Region 9.1. Global Eye Drops and Lubricants Market Value Share Analysis, by Region 9.2. Global Eye Drops and Lubricants Market Size (US$ Mn) Forecast, by Region 9.3. Global Eye Drops and Lubricants Market Attractiveness Analysis, by Region 10. North America Eye Drops and Lubricants Market Analysis 10.1. Key Findings 10.2. North America Eye Drops and Lubricants Market Overview 10.3. North America Eye Drops and Lubricants Market Value Share Analysis, By Type 10.4. North America Eye Drops and Lubricants Market Forecast, By Type 10.4.1. Antibiotics 10.4.2. Hormone 10.4.3. Artificial tears 10.4.4. Others 10.5. North America Eye Drops and Lubricants Market Value Share Analysis, By Application 10.6. North America Eye Drops and Lubricants Market Forecast, By Application 10.6.1. Eye Disease 10.6.2. Eye Care 10.6.3. Others 10.7. North America Eye Drops and Lubricants Market Value Share Analysis, by Country 10.8. North America Eye Drops and Lubricants Market Forecast, by Country 10.8.1. U.S. 10.8.2. Canada 10.9. North America Eye Drops and Lubricants Market Analysis, by Country 10.10. U.S. Eye Drops and Lubricants Market Forecast, By Type 10.10.1. Antibiotics 10.10.2. Hormone 10.10.3. Artificial tears 10.10.4. Others 10.11. U.S. Eye Drops and Lubricants Market Forecast, By Application 10.11.1. Eye Disease 10.11.2. Eye Care 10.11.3. Others 10.12. Canada Eye Drops and Lubricants Market Forecast, By Type 10.12.1. Antibiotics 10.12.2. Hormone 10.12.3. Artificial tears 10.12.4. Others 10.13. Canada Eye Drops and Lubricants Market Forecast, By Application 10.13.1. Eye Disease 10.13.2. Eye Care 10.13.3. Others 10.14. North America Eye Drops and Lubricants Market Attractiveness Analysis 10.14.1. By Type 10.14.2. By Application 10.15. PEST Analysis 10.16. Key Trends 10.17. Key Development 11. Europe Eye Drops and Lubricants Market Analysis 11.1. Key Findings 11.2. Europe Eye Drops and Lubricants Market Overview 11.3. Europe Eye Drops and Lubricants Market Value Share Analysis, By Type 11.4. Europe Eye Drops and Lubricants Market Forecast, By Type 11.4.1. Antibiotics 11.4.2. Hormone 11.4.3. Artificial tears 11.4.4. Others 11.5. Europe Eye Drops and Lubricants Market Value Share Analysis, By Application 11.6. Europe Eye Drops and Lubricants Market Forecast, By Application 11.6.1. Eye Disease 11.6.2. Eye Care 11.6.3. Others 11.7. Europe Eye Drops and Lubricants Market Value Share Analysis, by Country 11.8. Europe Eye Drops and Lubricants Market Forecast, by Country 11.8.1. Germany 11.8.2. U.K. 11.8.3. France 11.8.4. Italy 11.8.5. Spain 11.8.6. Rest of Europe 11.9. Europe Eye Drops and Lubricants Market Analysis, by Country 11.10. Germany Eye Drops and Lubricants Market Forecast, By Type 11.10.1. Antibiotics 11.10.2. Hormone 11.10.3. Artificial tears 11.10.4. Others 11.11. Germany Eye Drops and Lubricants Market Forecast, By Application 11.11.1. Eye Disease 11.11.2. Eye Care 11.11.3. Others 11.12. U.K. Eye Drops and Lubricants Market Forecast, By Type 11.12.1. Antibiotics 11.12.2. Hormone 11.12.3. Artificial tears 11.12.4. Others 11.13. U.K. Eye Drops and Lubricants Market Forecast, By Application 11.13.1. Eye Disease 11.13.2. Eye Care 11.13.3. Others 11.14. France Eye Drops and Lubricants Market Forecast, By Type 11.14.1. Antibiotics 11.14.2. Hormone 11.14.3. Artificial tears 11.14.4. Others 11.15. France Eye Drops and Lubricants Market Forecast, By Application 11.15.1. Eye Disease 11.15.2. Eye Care 11.15.3. Others 11.16. Italy Eye Drops and Lubricants Market Forecast, By Type 11.16.1. Antibiotics 11.16.2. Hormone 11.16.3. Artificial tears 11.16.4. Others 11.17. Italy Eye Drops and Lubricants Market Forecast, By Application 11.17.1. Eye Disease 11.17.2. Eye Care 11.17.3. Others 11.18. Spain Eye Drops and Lubricants Market Forecast, By Type 11.18.1. Antibiotics 11.18.2. Hormone 11.18.3. Artificial tears 11.18.4. Others 11.19. Spain Eye Drops and Lubricants Market Forecast, By Application 11.19.1. Eye Disease 11.19.2. Eye Care 11.19.3. Others 11.20. Rest of Europe Eye Drops and Lubricants Market Forecast, By Type 11.20.1. Antibiotics 11.20.2. Hormone 11.20.3. Artificial tears 11.20.4. Others 11.21. Rest of Europe Eye Drops and Lubricants Market Forecast, By Application 11.21.1. Eye Disease 11.21.2. Eye Care 11.21.3. Others 11.22. Europe Eye Drops and Lubricants Market Attractiveness Analysis 11.22.1. By Type 11.22.2. By Application 11.23. PEST Analysis 11.24. Key Trend 11.25. Key Development 12. Asia Pacific Eye Drops and Lubricants Market Analysis 12.1. Key Findings 12.2. Asia Pacific Eye Drops and Lubricants Market Overview 12.3. Asia Pacific Eye Drops and Lubricants Market Value Share Analysis, By Type 12.4. Asia Pacific Eye Drops and Lubricants Market Forecast, By Type 12.4.1. Antibiotics 12.4.2. Hormone 12.4.3. Artificial tears 12.4.4. Others 12.5. Asia Pacific Eye Drops and Lubricants Market Value Share Analysis, By Application 12.6. Asia Pacific Eye Drops and Lubricants Market Forecast, By Application 12.6.1. Eye Disease 12.6.2. Eye Care 12.6.3. Others 12.7. Asia Pacific Eye Drops and Lubricants Market Value Share Analysis, by Country 12.8. Asia Pacific Eye Drops and Lubricants Market Forecast, by Country 12.8.1. China 12.8.2. India 12.8.3. Japan 12.8.4. ASEAN 12.8.5. Rest of Asia Pacific 12.9. Asia Pacific Eye Drops and Lubricants Market Analysis, by Country 12.10. China Eye Drops and Lubricants Market Forecast, By Type 12.10.1. Antibiotics 12.10.2. Hormone 12.10.3. Artificial tears 12.10.4. Others 12.11. China Eye Drops and Lubricants Market Forecast, By Application 12.11.1. Eye Disease 12.11.2. Eye Care 12.11.3. Others 12.12. India Eye Drops and Lubricants Market Forecast, By Type 12.12.1. Antibiotics 12.12.2. Hormone 12.12.3. Artificial tears 12.12.4. Others 12.13. India Eye Drops and Lubricants Market Forecast, By Application 12.13.1. Eye Disease 12.13.2. Eye Care 12.13.3. Others 12.14. Japan Eye Drops and Lubricants Market Forecast, By Type 12.14.1. Antibiotics 12.14.2. Hormone 12.14.3. Artificial tears 12.14.4. Others 12.15. Japan Eye Drops and Lubricants Market Forecast, By Application 12.15.1. Eye Disease 12.15.2. Eye Care 12.15.3. Others 12.16. ASEAN Eye Drops and Lubricants Market Forecast, By Type 12.16.1. Antibiotics 12.16.2. Hormone 12.16.3. Artificial tears 12.16.4. Others 12.17. ASEAN Eye Drops and Lubricants Market Forecast, By Application 12.17.1. Eye Disease 12.17.2. Eye Care 12.17.3. Others 12.18. Rest of Asia Pacific Eye Drops and Lubricants Market Forecast, By Type 12.18.1. Antibiotics 12.18.2. Hormone 12.18.3. Artificial tears 12.18.4. Others 12.19. Rest of Asia Pacific Eye Drops and Lubricants Market Forecast, By Application 12.19.1. Eye Disease 12.19.2. Eye Care 12.19.3. Others 12.20. Asia Pacific Eye Drops and Lubricants Market Attractiveness Analysis 12.20.1. By Type 12.20.2. By Application 12.21. PEST Analysis 12.22. Key Trend 12.23. Key Development 13. Middle East & Africa Eye Drops and Lubricants Market Analysis 13.1. Key Findings 13.2. Middle East & Africa Eye Drops and Lubricants Market Overview 13.3. Middle East & Africa Eye Drops and Lubricants Market Value Share Analysis, By Type 13.4. Middle East & Africa Eye Drops and Lubricants Market Forecast, By Type 13.4.1. Antibiotics 13.4.2. Hormone 13.4.3. Artificial tears 13.4.4. Others 13.5. Middle East & Africa Eye Drops and Lubricants Market Value Share Analysis, By Application 13.6. Middle East & Africa Eye Drops and Lubricants Market Forecast, By Application 13.6.1. Eye Disease 13.6.2. Eye Care 13.6.3. Others 13.7. Middle East & Africa Eye Drops and Lubricants Market Value Share Analysis, by Country 13.8. Middle East & Africa Eye Drops and Lubricants Market Forecast, by Country 13.8.1. GCC 13.8.2. South Africa 13.8.3. Rest of Middle East & Africa 13.9. Middle East & Africa Eye Drops and Lubricants Market Analysis, by Country 13.10. GCC Eye Drops and Lubricants Market Forecast, By Type 13.10.1. Antibiotics 13.10.2. Hormone 13.10.3. Artificial tears 13.10.4. Others 13.11. GCC Eye Drops and Lubricants Market Forecast, By Application 13.11.1. Eye Disease 13.11.2. Eye Care 13.11.3. Others 13.12. South Africa Eye Drops and Lubricants Market Forecast, By Type 13.12.1. Antibiotics 13.12.2. Hormone 13.12.3. Artificial tears 13.12.4. Others 13.13. South Africa Eye Drops and Lubricants Market Forecast, By Application 13.13.1. Eye Disease 13.13.2. Eye Care 13.13.3. Others 13.14. Rest of Middle East & Africa Eye Drops and Lubricants Market Forecast, By Type 13.14.1. Antibiotics 13.14.2. Hormone 13.14.3. Artificial tears 13.14.4. Others 13.15. Rest of Middle East & Africa Eye Drops and Lubricants Market Forecast, By Application 13.15.1. Eye Disease 13.15.2. Eye Care 13.15.3. Others 13.16. Middle East & Africa Eye Drops and Lubricants Market Attractiveness Analysis 13.16.1. By Type 13.16.2. By Application 13.17. PEST Analysis 13.18. Key Trend 13.19. Key Development 14. South America Eye Drops and Lubricants Market Analysis 14.1. Key Findings 14.2. South America Eye Drops and Lubricants Market Overview 14.3. South America Eye Drops and Lubricants Market Value Share Analysis, By Type 14.4. South America Eye Drops and Lubricants Market Forecast, By Type 14.4.1. Antibiotics 14.4.2. Hormone 14.4.3. Artificial tears 14.4.4. Others 14.5. South America Eye Drops and Lubricants Market Value Share Analysis, By Application 14.6. South America Eye Drops and Lubricants Market Forecast, By Application 14.6.1. Eye Disease 14.6.2. Eye Care 14.6.3. Others 14.7. South America Eye Drops and Lubricants Market Value Share Analysis, by Country 14.8. South America Eye Drops and Lubricants Market Forecast, by Country 14.8.1. Brazil 14.8.2. Mexico 14.8.3. Rest of South America 14.9. Brazil Eye Drops and Lubricants Market Forecast, By Type 14.9.1. Antibiotics 14.9.2. Hormone 14.9.3. Artificial tears 14.9.4. Others 14.10. Brazil Eye Drops and Lubricants Market Forecast, By Application 14.10.1. Eye Disease 14.10.2. Eye Care 14.10.3. Others 14.11. Mexico Eye Drops and Lubricants Market Forecast, By Type 14.11.1. Antibiotics 14.11.2. Hormone 14.11.3. Artificial tears 14.11.4. Others 14.12. Mexico Eye Drops and Lubricants Market Forecast, By Application 14.12.1. Eye Disease 14.12.2. Eye Care 14.12.3. Others 14.13. Rest of South America Eye Drops and Lubricants Market Forecast, By Type 14.13.1. Antibiotics 14.13.2. Hormone 14.13.3. Artificial tears 14.13.4. Others 14.14. Rest of South America Eye Drops and Lubricants Market Forecast, By Application 14.14.1. Eye Disease 14.14.2. Eye Care 14.14.3. Others 14.15. South America Eye Drops and Lubricants Market Attractiveness Analysis 14.15.1. By Type 14.15.2. By Application 14.16. PEST Analysis 14.17. Key Trend 14.18. Key Development 15. Company Profiles 15.1. Market Share Analysis, by Company 15.2. Competition Matrix 15.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment 15.2.2. New Product Launches and Product Enhancements 15.2.3. Market Consolidation 15.2.4. M&A by Regions, Investment and Applications 15.2.5. M&A Key Players, Forward Integration and Backward Integration 15.3. Company Profiles: Key Players 15.3.1. Abbott Laboratories 15.3.1.1. Company Overview 15.3.1.2. Financial Overview 15.3.1.3. Product Portfolio 15.3.1.4. Business Strategy 15.3.1.5. Recent Developments 15.3.1.6. Company Footprint 15.3.2. Johnson and Johnson Services 15.3.3. Clear Eyes 15.3.4. Sager Pharma 15.3.5. Rohto Pharmaceutical Co, Ltd 15.3.6. Bausch and Lomb 15.3.7. Similasan 15.3.8. Bayer 15.3.9. Bausch Lomb 15.3.10. Allergan, Inc. 15.3.11. Valeant 15.3.12. Thera Tears 15.3.13. Blink 15.3.14. Refresh 15.3.15. Pfizer 15.3.16. Alcon, Inc. 15.3.17. Aerie Pharmaceuticals 15.3.18. Clear Eyes 15.3.19. Novartis AG 15.3.20. Akorn Incorporated 15.3.21. Prestige Consumer Healthcare, Inc 15.3.22. Maya Biotech Private Limited 16. Primary Key Insights

About This Report

Report ID 55333
Category Life Science
Published Date April 2020
Updated Date April 2021
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