The market is expected to grow due to the increase in eye infection cases in the population. Higher prevalence of eye diseases such as dry eye, redness, itchy eyes, conjunctivitis, pain, glaucoma, etc.
New York, May 04, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the publication of the report “Global Eye Drop Market, By Type, By Drug Class, By Disease Indication, By Distribution Channel, By Region, Competition Forecast and Opportunities, 2027 – https://www.reportlinker.com/p06150608/?utm_source=GNW
further drive the growth of the global eye drops market over the next five years. Excessive screen time and penetration of smart phones, laptops, TVs and electronics further support the growth of the global eye drops market over the next five years. Governments around the world are actively investing in the health sector and increasing the production of pharmaceutical and therapeutic products in recent years. Growing import and export of pharmaceutical and therapeutic products such as eye drops is further contributing to the growth of the global eye drops market over the next five years. Additionally, consumers across the country have been spending on healthcare services to get excellent patient care. Rising disposable income of the people is also supporting the growth of the market. Technological advancements in product manufacturing, expansion in logistics sector with easy distribution of products are further contributing to the growth of the global eye drops market over the forecast period.
The global eye drops market is segmented by type, drug class, disease indication, distribution channel, competitive landscape and regional distribution. Based on type, the market is further differentiated into prescription and over-the-counter.
Prescription-type eye drops are expected to hold the largest market revenue shares and dominate the market segment over the next five years due to the increase in eye disease cases. also contributes to the growth of the segment.
Over-the-counter eye drops are expected to achieve the fastest growth owing to the increasing trend of consumers to self-medicate their conditions of eye burning and redness, etc. of the sub-segment as well as the growth of the global eye drops market in the next five years.
Johnson & Johnson Inc., Genentech, Inc. (Roche), Alcon Inc., Pfizer, Inc., Bausch Health Companies, Inc., Bayer Corporation, Allergan, Inc. (AbbVie), Abbott Laboratories, Inc., KC Pharmaceuticals, Inc., Akorn, Inc. are some of the major players in the global eye drops market.
Years considered for this report:
Historical years: 2017- 2020
Base year: 2021
Estimated year: 2022E
Forecast period: 2023F – 2027F
Goal of the study:
• To analyze the historical growth of the global eye drops market size from 2017 to 2021.
• Estimate and forecast the global Eye Drops market size from 2022E-2027F and the growth rate till 2027F.
• To classify and forecast the global eye drops market based on type, drug class, disease indication, distribution channel, competitive landscape, and regional distribution.
• To identify the dominant region or segment in the global eye drops market.
• To identify drivers and challenges for the global eye drops market.
• Examine competitive developments such as expansions, new product launches, mergers and acquisitions, etc., in the global eye drops market.
• To identify and analyze the profile of major players operating in the global eye drops market.
• To identify the key sustainable strategies adopted by market players in the global Eye Drops Market.
The analyst conducted extensive primary and secondary research for this study. Initially, the analyst searched for a list of companies around the world.
Subsequently, the analyst conducted primary research surveys with the identified companies. During the interviews, the respondents were also asked about their competitors.
Using this technique, the analyst could include companies that could not be identified due to the limitations of secondary research. The analyst looked at the manufacturers, distribution channels and presence of all major players across the globe.
The analyst calculated the size of the global eye drops market using a bottom-up approach, wherein the data of various end-user segments was recorded and forecasted for the coming years. The analyst obtained these values from industry experts and company representatives and validated them externally by analyzing historical data for these products and applications to derive an appropriate overall market size.
Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by the analyst.
Key target audience:
• Manufacturers and suppliers of eye drops
• Distributors and other stakeholders
• Government bodies such as regulators and policy makers
• Organizations, forums and alliances related to eye drops
• Market research and consulting firms
The study is helpful in providing answers to several critical questions which are important for industry stakeholders such as manufacturers, suppliers, partners, end users etc. besides enabling them to elaborate investment strategies and to capitalize on market opportunities.
In this report, the global eye drops market has been segmented into the following categories, in addition to industry trends which have also been detailed below:
• Eye Drops Market, by Type:
o Over the counter
• Eye drops market, by drug class:
• Eye drops market, by disease indication:
o Eye allergy
o Eye infections
o Dry eye diseases
o Retinal disorders
• Eye drops market, by distribution channel:
o Hospital Pharmacy
o Retail pharmacy
o Online pharmacy
• Eye Drops Market, By Region:
o North America
o South America
o Middle East and Africa
United Arab Emirates
Company Profiles: Detailed analysis of the major companies present in the global eye drops market.
With the market data provided, we offer customizations based on a company’s specific needs. The following customization options are available for the report:
• Detailed analysis and profiling of other market players (up to five).
Read the full report: https://www.reportlinker.com/p06150608/?utm_source=GNW
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