Dry Eye Syndrome Market to Reach USD 7.73 Billion by 2026; Increasing Investment in Product R&D to Aid Growth, says Fortune Business Insights™

Pune, March 09, 2020 (GLOBE NEWSWIRE) — The global dry eye syndrome market size is projected to reach USD 7.73 billion by the end of 2026. The high prevalence of dry eye syndrome has created several opportunities for the companies operating in the market. According to a published report, titled “Dry Eye Syndrome Market Size, Share and Global Trend By Product (Anti-inflammatory and, Artificial Tears and Lubricants), By Distribution Channel (Hospital Pharmacies, Retail Pharmacies, Online Pharmacies, and Others), and Geography Forecast till 2026,” the market was worth USD 4.22 billion and will exhibit a CAGR of 6.9% during the forecast period, 2019-2026.
For more information in the analysis of this report, visit: https://www.fortunebusinessinsights.com/dry-eye-syndrome-market-102413Advancements in Clinical Trials Will Aid GrowthThe report encompasses several factors that have contributed to the growth of the market in recent years. Among all factors, the advancements in clinical trial for the rugs associated with dry eye syndrome will bode well for the companies operating in the market. Several large scale companies have made progress in ongoing clinical trials. In April 2019, a clinical trial for ‘A Study to Assess the Safety and Effectiveness of SJP-0035 for treatment of patients with dry eye syndrome has made progress and sponsored by the Senju Pharmaceutical Co., Ltd. is currently in phase-3 of clinical trials. Such advancements in drug trials will have a direct impact on the growth of the market in the coming years.The report analyzes the ongoing diabetic dry eye treatment market trends across fiver major regions, including North America, Asia Pacific, Europe, Latin America, and the Middle East & Africa. Among all regions, the market in North America currently holds the largest market share. As of 2018, the market in North America was worth USD 2.42 billion and this value is likely to increase further in the coming years. The presence of several large scale companies in this region has contributed to the growth of the market in recent years.List of the leading companies that are operating in the global dry eye syndrome market are:ALLERGANAlcon Novartis AGSanten Pharmaceutical Co., Ltd.OASIS MedicalSun Pharmaceutical Industries LtdOtsuka Pharmaceutical Co., Ltd.Sentiss Pharma Pvt. Ltd.Johnson & Johnson Vision Care, Inc.VISUfarmaOthers
Industry Developments:July 2019 – Novartis announces acquisition of ‘Xiidra’Xiidra is the first and only prescription treatment to address signs and symptoms of dry eye by controlling the inflammation caused by the disease.
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Detailed Table of Content:1.       Introduction1.1.    Research Scope1.2.    Market Segmentation1.3.    Research Methodology1.4.    Definitions and Assumptions2.       Executive Summary3.       Market Dynamics3.1.    Market Drivers3.2.    Market Restraints3.3.    Market Opportunities4.       Key Insights4.1.    Prevalence Of Dry Eye Disease For Key Countries4.2.    Key Industry Developments4.3.    Pipeline Analysis4.4.    New Product Launches4.5.    Reimbursement Policies4.6.    Regulatory Scenario4.7.    Overview Of Novel Approaches To Treat Dry Eyes4.8.    Key Industry Trends5.       Global Dry Eye Syndrome Market Analysis, Insights and Forecast, 2015-20265.1.    Key Findings / Summary5.2.    Market Analysis, Insights and Forecast – By Product Type5.2.1.Anti-inflammatory5.2.1.1.  Cyclosporin5.2.1.2.  Lifitegrast5.2.1.3.  Corticosteroids5.2.1.4.  Others5.2.2.Artificial Tears and Lubricants5.3.    Market Analysis, Insights and Forecast – By Distribution Channels5.3.1.Hospital Pharmacies5.3.2.Retail Pharmacies5.3.3.Online Pharmacies5.3.4.Others5.4.    Market Analysis, Insights and Forecast – By Region5.4.1.North America5.4.2.Europe5.4.3.Asia Pacific5.4.4.Latin America5.4.5.Middle East & AfricaTOC Continued….!

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