Dry Eye Syndrome Treatment Market

Dry Eye Syndrome Treatment Market: APEJ Region to Lead in Terms of CAGR During the Forecast Period: Global Industry Analysis 2012-2016 and Opportunity Assessment 2017-2027

The global dry eye syndrome treatment market is estimated to be valued at nearly US$ 3,560 Mn by 2017 end, and is projected to reach about US$ 6,610 Mn by the end of 2027, registering a CAGR of 6.4% over the forecast period.

Development of newer delivery systems aiding market growth in the North America region

Candorvision launched the CALMO Eye Spray, which was the first preservative free eye spray to be launched in Canada. Eye spray improves the humidification of the eyelids and eyes and acts as a substitute for people who avoid eye drops. With its German liposome technology, CALMO Eye Spray repairs and stabilises the lipid layer of the tear film and thus effectively addresses one of the root causes of dry eye syndrome. Leading market players are trying to develop dry eye care products in different delivery systems so as to ensure better patient compliance and utilisation along with company profitability.

LASIK surgery becoming mainstream

More and more supplement manufacturers are creating products targeted specifically at dry eye. One reason for this is because LASIK surgery is becoming more mainstream, and almost everybody who has LASIK will also suffer from dry eye syndrome in the first six months after their treatment. At the same time however, not all the supplements that exist have proven benefits, and they certainly aren’t all created equally. It is also very important to understand that certain supplements counteract other types of medication. Hence, self-medication on supplements without first seeking medical advice is not recommended.

No price control stifling the market growth of dry eye syndrome treatment in United States

Most of the other countries have some form of price controls; the government negotiates with drug companies and device makers for lower prices, and the government has the power to win those negotiations. The United States doesn't do that. It leaves the negotiations up to individual insurers. Defenders of the American system argue that price controls stifle innovation. Many say that higher spending creates financial incentives for drug companies to come up with wonderful new drugs. But that means the U.S. population is paying higher prices to subsidise drugs for the rest of the world.

Global Dry Eye Syndrome Treatment Market Forecast, By Region

By the end of 2027, the dry eye syndrome treatment market in North America is anticipated to reach a market valuation in excess of US$ 2,500 Mn, exhibiting a CAGR of 6.7% over the forecast period. The North America dry eye syndrome treatment market is expected to represent an absolute $ opportunity of US$ 88.6 Mn in 2018 over 2017, also creating an incremental opportunity of US$ 1,207.4 Mn between 2017 and 2027.

By the end of 2027, the dry eye syndrome treatment market in APEJ is anticipated to reach US$ 878.7 Mn, registering a CAGR of 7.4% over the forecast period. The APEJ dry eye syndrome treatment market is expected to represent an absolute $ opportunity of US$ 29.7 Mn in 2018 over 2017, also creating an incremental opportunity of US$ 446.4 Mn between 2017 and 2027.

dry eye syndrome treatment market

Preference for preservative free single dose formulation presents a lucrative market opportunity

Eye drops containing preservatives often have chances of causing some eye allergies and prolonged use may hamper the sight of an individual. The trend of using single dose preservative free eye drops has now created new opportunities especially in developed regions of the world. Such eye drops are considered as safe for prolonged usage as they are preservative free. Allergan recently launched their OPTIVE REFRESH product, which is single use preservative free lubricating eye drops. Biocia Inc. commercialised their viscoadaptive eye drop innovations in a preservative free delivery system. Viscoadaptive eye drops are lubricant eye drop solutions that exhibit both cohesive and dispersive behaviours depending on the shear energy in the solution.” --- Analyst – Healthcare, Pharmaceuticals and Medical Devices, Future Market Insights

Our robust and tested research methodology is behind the thoroughly scrutinised global dry eye syndrome treatment market report

Our proven research methodology has helped us create another insightful and comprehensive report titled ‘Dry Eye Syndrome Treatment Market: Global Industry Analysis 2012 – 2016 and Opportunity Assessment 2017 – 2027’. Historical data, primary responses and public domain data has been thoroughly analysed to infer the market size. Revenue of companies in the global dry eye syndrome treatment market has been benchmarked to ascertain the market size for the base year. Macroeconomic indicators such as GDP and industry growth have been considered to forecast the market size over the assessment period. The historical growth trend of end-use industries, market participants’ performance, as well as the present macro-economic outlook has been taken into consideration for estimating the overall market trend forecast. This data is then validated using the triangulation method and is extensively scrutinised using advanced tools to garner quantitative and qualitative insights into the global dry eye syndrome treatment market.

A detailed segmentation of the global dry eye syndrome treatment market aids in the understanding of this niche market

The detailed market taxonomy of the global dry eye syndrome treatment market breaks down the market into various segments and sub-segments to help the report audience understand this niche and dynamic market in a comprehensive manner.

Product Type

Distribution Channel

Region

  • Cyclosporin

  • Oral Corticosteroids

  • Artificial Tears

  • Punctal Plugs

    • Removable

    • Dissolvable

  • Omega Supplements

  • Others

  • Hospital Pharmacies

  • Eye Health Clinics

  • Retail Pharmacies

  • Online Pharmacies

  • North America

  • Western Europe

  • Eastern Europe

  • Asia Pacific (excluding Japan)

  • Japan

  • Latin America

  • Middle East & Africa

Market Overview

Dry Eye Syndrome (DES), also known as keratoconjunctivitis sicca (KCS), is an inability to produce sufficient amount of tears or where the water layers of tears are inadequate. People with dry eyes may experience irritated, gritty, scratchy or burning eyes; a feeling of something in their eyes; excess watering; and blurred vision. Advanced dry eyes may damage the front surface of the eye and impair vision. DES is often noted in older adults.

Report Inclusions

This report is divided into four distinct parts –

--- First part consisting of the introduction to the dry eye syndrome treatment market

--- Second part detailing the regional dry eye syndrome treatment market analysis and forecast

--- Third section comprising the competitive landscape of the global dry eye syndrome treatment market along with a list of the important players operating in this lucrative market

--- Fourth section outlining the global dry eye syndrome treatment market analysis and forecast by product type, by distribution channel and by region

In the introduction, pertinent market numbers about the global dry eye syndrome treatment market are given along with the CAGR for the forecast period 2017-2027. The introduction also contains an executive summary of this detailed report through which the report audience can have a cursory glance at this vast market. Also in the introduction, detailed and informative definitions of dry eye syndrome treatment are given. The causes of dry eye syndrome and treatment evolution is also dealt with in detail. In addition, the macroeconomic factors influencing the global dry eye syndrome treatment market are given in the introductory section. Dry eye syndrome treatment market opportunity analysis is given subsequently. Also, dry eye syndrome treatment product pipeline analysis is also given. In addition to this, in the introduction section, the research grants/funding sanctioned for research into dry eye syndrome treatment is also stated. The dry eye syndrome treatment reimbursement scenario is also dealt in detail in the introduction section.

In the next section of this report, the regional dry eye syndrome treatment market analysis and forecast is given. The regions are selected as per the market taxonomy. In this section, there is an important sub-section that deals with key regional regulations concerning dry eye syndrome treatment. Also, in this section, the PESTLE analysis for each region is given which covers the political, economic, social, technological, legal and environmental aspects of the dry eye syndrome treatment market. This section also includes Porter’s Five Force analysis for each of the regions. An important section of the report is the market dynamics of the global dry eye syndrome treatment market. The market dynamics section lists the drivers, restraints and trends that are applicable in the global dry eye syndrome treatment market and discusses in detail the factors encouraging the growth of this market as well as the factors hampering the growth of this market. The various trends governing the global dry eye syndrome treatment market – both long term and short term – are also discussed in this part of the report.

The third section of the report contains the competitive landscape of the global dry eye syndrome treatment market. This section provides information on the leading companies in the global dry eye syndrome treatment market. The competition landscape gives a dashboard view of the key companies operating in the global dry eye syndrome treatment market along with their important information and broad strategy adopted to stay as leaders in the global dry eye syndrome treatment market. Each of the leading companies is also profiled individually and important information about the company such as company details, company description, product portfolio along with key developments concerning the company and strategic analysis is presented. The last section of the report contains the global dry eye syndrome treatment market analysis and forecast by product type, by distribution channel and by region.  This last section contains important information and key metrics pertaining to the market such as the BPS analysis, year-on-year growth rates, absolute dollar opportunity and market attractiveness analysis of the global dry eye syndrome treatment market.

Why should you buy this report?

If you are aiming to enter the global dry eye syndrome treatment market, this report is a comprehensive guide that will provide crystal clear insights about this vast and lucrative market. All the major stages of dry eye syndrome treatment are covered in this report and information is also given on the important regions of the world where this market is likely to boom in the near future, so that you can plan your strategies to enter this market accordingly. Besides, through this report, you can get a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, then this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable