Global Artificial Tears Market is anticipated to grow at a CAGR of 5.90% from 2022 to 2028 globally – Axiom MRC

The increasing older population, increasing incidence of the chronic eye disorders, increasing penetration of the smartphones and tablets, increasing demand for the artificial tears during the post-operative care and technological advancements have been contributing to the growth of the global artificial tears market during the forecast period.

New York, February 2022: Axiom Market Research & Consulting™ added a report on Global artificial tears market which includes study on type, delivery mode, application, and geography. Global artificial tears market was projected to grow at a CAGR of 5.90% for the forecast period 2022 to 2028. The global market is estimated and forecasted in terms of revenue (USD Million) generated by the Global artificial tears market.

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The report analyses the global artificial tears market based on the type, delivery mode, application and geography. By type, the global artificial tears market is segmented into cellulose derived tears, glycerine derived tears, oil-based emulsion tears, polyethylene glycol based tears, propylene glycol based tears and sodium hyaluronate based artificial tears. By delivery mode, the global artificial tears market is segmented into eye drops and ointment. By application, the global artificial tears market is segmented into contact lenses moisture, and dry eyes treatment. Geographically, the global artificial tears market is studied for the regions including North America, Europe, Asia Pacific and Rest of the World.

The key players in the global artificial tears market are AbbVie Inc., Advanced Vision Research, Inc., Akorn, Incorporated, Alcon Inc., Allegan Inc., Aurolab, Bausch & Lomb, Bausch Health Companies Inc., Bayer AG, Carl Zeiss AG, Eyevance Pharmaceuticals LLC, Johnson and Johnson Services, Inc., McNEIL-PPC, Inc., Novartis International AG, OASIS Medical, Otsuka Pharmaceutical Co., Ltd., Prestige Consumer Healthcare Inc., Santen Pharmaceutical Co., Ltd. and Sun Pharmaceutical Industries Ltd. among others.

Regional Trends of Global Artificial Tears Market

Based in the geography, the global artificial tears market is studied for the regions including North America, Europe, Asia Pacific and Rest of the World. North America is expected to be dominating the global artificial tears market during the forecast period. The factors such as increasing older population, along with the increasing incidence of the chronic eye disorders, increasing penetration of the tablets and smartphones and growing demand for the artificial tears during the post-operative care and the technical advancements have been the driving the growth of the market in the region during the forecast period. Asia Pacific is also expected to have high growth at the rapid pace in the market during the forecast period.

Global Artificial Tears Market Segmentation Highlights

• Polyethylene glycol type segment is expected to witness increasing demand in the global artificial tears market during the forecast period. The polyethylene glycol has been a demulcent forming a protective layer over the mucous membrane for relieving the inflammation has been driving the growth of the segment in the market.
• Eye drops delivery mode segment is estimated to have increasing demand for the global artificial tears market during the forecast period. The increasing use of the artificial tears eye drops for the lubrication of the dry eyes has been propelling the growth of the segment in the market.
• Dry eyes treatment application is dominating the global artificial tears market during the forecast period. The increasing demand for the dry eyes treatment has been propelling the growth of the segment in the market.
• North America is expected to dominate the global artificial tears market during the estimated time period. Increasing older population, along with the increasing incidence of the chronic eye disorders, increasing penetration of the tablets and smartphones and growing demand for the artificial tears during the post-operative care and the technical advancements have been driving the growth of the market in the region.

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Research Objectives of Global Artificial Tears Market Report:

• Analysing the outlook of the global artificial tears market with the recent trends and Porter’s five forces analysis
• Market dynamics, which essentially consider the factors that are impelling the present market scenario, along with growth prospects of the market over the forecast period
• Market segmentation analysis, including qualitative and quantitative research, incorporating the impact of economic and non-economic aspects
• Country-level analysis, integrating the demand and supply forces that are influencing the growth of the global artificial tears market
• Competitive landscape involving the market share of major players, along with the key strategies adopted for development over the past five years
• Comprehensive company profiles, covering the product offerings, key financial information, recent developments and strategies employed by the major market players

Our Other Related Reports:

Eye Drops and Lubricants Market :

https://www.axiommrc.com/product/10377-eye-drops-and-lubricants-market-report 

Dry Eye Syndrome (DES) Therapeutics Market :

https://www.axiommrc.com/product/hc1880-dry-eye-syndrome-des-market-report 

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