Global OTC artificial tear market will reach approximately US$ 6.25 billion by 2030, as predicts through Renub Research. The initial treatment for dry eye syndrome and contact with lens discomfort commonly makes use of over-the-counter (OTC) artificial tears. However, there’s a need for extra more on the effectiveness of numerous commercially available artificial tear products. The growth of the worldwide OTC artificial tears market is pushed through factors together with the growing older population, increased incidence of eye illnesses, growing demand for artificial tears, and healthcare businesses’ investments in studies and development. Factors like rising eye surgical procedures, focus approximately dry eye management, and government initiatives for novel synthetic tear manufacturing also make contributions to market increase. However, aspect consequences together with blurred vision, eye redness, and skin rashes may additionally avoid market boom in the forecast length.
The market for over-the-counter artificial tears reached US $4.48 billion in 2023 and is anticipated to grow at a compound annual growth rate of 4.87% from 2024 to 2030. Dry eye syndrome is a common circumstance affecting an expected 344 million human beings worldwide, making artificial tears vital for alleviating its symptoms. The CDC data that children spending a whole lot of time on displays can result in dry eyes, as a result growing the want for lubricating eye drops or synthetic tears. Several companies are growing new products to cater to the growing demand for, including Johnson & Johnson Vision Care, which initiated a section II clinical trial to evaluate the efficacy of preservative-unfastened lubricating eye drops.
Solutions are a vital product type in the global OTC artificial tears market.
The solution segment led the global OTC artificial tears market and is projected to dominate throughout the forecast period. This is attributed to growing demand for eye drops, increased production of artificial tears for treating dry eye diseases, and advancements in R&D for innovative ophthalmic products. However, the gel segment is expected to experience significant growth during the upcoming years due to rising demand for eye gel and an increase in crucial players manufacturing combination semi-solid ophthalmic drugs.
Request a free sample copy of the report: https://www.renub.com/request-sample-page.php?gturl=otc-artificial-tears-market-p.php
Dry eye syndrome is set for substantial growth in the OTC artificial tears market.
Dry eye syndrome is primed for significant OTC artificial tears market growth. The global rise in the elderly population drives market growth, as aging leads to reduced tear production, causing dryness. Additionally, increased contact lens usage globally contributes to eye dryness, promoting the adoption of eye health products. Extensive R&D efforts are enhancing treatment options, with promising products like CyclASol, SURF-200, SURF-100, OCS-02, and Pro-ocular in the pipeline. NOV03, meeting clinical endpoints in September 2021, is slated for launch by 2023, further expanding treatment options.
Other Post You May Be Interested In
- müşteri gizliliğinizi kullanarak nasıl koruyorsunuz?
- Wedding Speeches Examples – How To Compose An Excellent Wedding Speech
- Considering A Maid Service
- How 1 Child Health And Safety Risk In 5 Easy Steps
- Why Everyone Is Talking About These Parking Management Systems
- How To An Office Cleaning Business – 6 Steps That Will You Start Your Business
- Home Staging – Consumers The Smell Works For Your Benefit
- Replacing Ford Max Air Door – Ac Not Cool Enough
- How to Find the Best Education Software in Saudi Arabia
- Customize Your Radio Control Car With A New Aftermarket Replacement Body
- Parking Operations Design, A Lesson
- Professional Safety Tips And Improved Mileage
- An explanation of ADHD (attention deficit hyperactivity disorder)
- How to Choose the Right Parking Lighting Installation?
- Your Search Ends Here: The Best Parking Management Systems Revealed
- Achieve Beauty And Protection Through Electric Garage Doors
- Transform Your Parking Experience: Discover the Top Management Systems
- Unveiling the Magic of Nang Bottles: Your Ultimate Guide
- A Journey with Pain: From Suffering to Healing
- Slot 777 Adalah Salah Satu Jenis Permainan Judi Yang Paling Populer Di Dunia Digital Saat Ini
- “Anxiety: Navigating the Depths of the Human Psyche”
- 메이저사이트 추천: 어디를 선택해야 할까요?
- Protein Transformation 101: A Beginner’s Guide to Building Muscle
- Personalize Your BMW Experience with the CARLUEX Wireless CarPlay Adapter
- Unlocking the Power of Translation Services in Thane with Yashvi Translation
- Introducing CARLUEX AIR: Elevate Your Car’s Entertainment Experience
- Understanding WDMA: The Premier Windows and Doors Export Platform in China
- Mastering the Art of Precision Cutting: A Comprehensive Guide to Chainsaws
- Exploring Windows & Doors: A Look at WDMA
- Sticker Marketing Success Stories: How Brands Have Used Stickers to Boost Sales
- How to Choose the Best Translation Services in Kanpur – Yashvi Translation
- Malaysia News: Unveiling the Nation’s Multifaceted Narrative.
- Dispelling the Myths: Coping with ADHD in a Neurodiversity Society
- The Power of Internal Communication Tools: A Focus on AgilityPortal
- The Ultimate Guide to Translating Your Divorce Certificate with Yashvi Translation
- The Best Password Manager: Enhance Your Digital Security with PasswordManager.plus
- WELCOME TO CHRIMSON: Your Windows & Doors Professionals
- The Innovative World of Technology as Explored by Chris Ross
- The Light of the Quran Chooses to Read Authentic Islamic Books
- Unveiling the Power of FintechZoom Revolutionizing Finance in the Digital Age
- Master Every Move: Exclusive 1-on-1 Cricket Coaching in Melbourne
- Customize Your Radio Control Car With A New Aftermarket Replacement Body
- How To Make A Wonderful Wedding Event Speech
- Discover the Parking Management System That’s Perfect for Your Needs
- Alpine Car Deck Allows Ipod Connectivity
- Quality London Ontario Limo Service
- Online Games: Exploring the Dynamic World of Virtual Entertainment
- Trade | Code EE88 Cập Nhật Quà Khủng Từ Chương Trình Ưu Đãi Hấp Dẫn | Free Guest Posting and Guest Blogging Se…
- Safe Money – Annuities – An Individual Buy The?
- Turkey Visa For East Timor And Australian Citizens:
- Home Equity Line Of Credit – The What, The Why And The Tfsa Option
- Indian Visa For Australian And Spanish Citizens:
- Understanding and Fixing Audi S3 Problems
- Vietnam Visa For Bruneian And Bulgarian Citizens:
- Indian Visa For Albania And Mexico Citizens:
- Achieve Beauty And Protection Through Electric Garage Doors
- Indian Business Visa For Uk And South African Citizens:
- New Zealand Visa For Spanish And Swedish Citizens:
- Top 7 Tips To Further Improve Common Activities With Proper Body Mechanics
- Saudi Visa For Latvian And British Citizens:
- The Synergy Between AI and Digital Marketing: Transforming the Landscape
- Canada Visa For Tourists And Oktoberfest In Canada:
- Efficient Southampton Airport Taxi Services: Quick Transfers to Gatwick and Beyond
- Navigating the Digital Discourse: Unraveling the Power of Forum Posting
- How To Apply Canada Visa From Bulgeria And Denmark:
- Behind the Scenes: What Makes O’hare Shuttles’ Corporate Transportation Stand Out
- Info About Visto Turistico Usa And Business Visa To Us:
- Tips mudah Menang di Akun Situs Slot Gacor Ninja Online Tergacor Anti Rungkat Malam Ini
- The Ideal Age for a Mini Tummy Tuck: Is There One?
- Memahami Mesin Slot “Gacor” dalam Perjudian Online
- Why Your Business Deserves the Best Parking Management System
- Improve The Functioning Of The Car With Chip Keys
- Global Coffee Market is predicted to attain round US$ 51.33 Billion by 2028
- Auto Fm Transmitters – Why Wireless Is The Greater Option
- Artificial Sweetener Market shall expand at a CAGR of 3.47% by 2028 ⅼ Forecast (2023 – 2028) ⅼ Renub Research
- Toronto Limousine – Deluxe Services for Luxurious Outings
- Your Ultimate Guide to Briansclubcm and Briansclubtv
- Top Garage Doors Security Tips That You Have To Know
- How Study Abroad Consultants Help Study in the UK
- Sports Medicine Market is foreseen to grow at a CAGR of 6.04% between 2024 and 2030
- Exploring The Advantages Of LLP Registration Online
- 4 To Be Able To Save Funds On Gas
- Timber Consumption Demystified: Understanding the Wood Requirements for Dining Tables
- Home Security Measures For Singular Most Important Apartment Dweller
- Renub Research forecasts the United States Pets Food Market to reach US$ 62.41 Billion by 2028
- Unlocking Inner Harmony: Exploring the World of Sound Healing Courses
- From Installation to Maintenance: HDPE Pond Liners Simplify Your Aquatic Life
- Digital Forensics Market shall grow at a CAGR of 13.50% from 2022 to 2028. Propelled by improved crime lab infrastructure, more businesses entering and increased cybercrime.
- Top 10 Ways And Also Hardwearing . Dog Cool This Summer
- Beauty and Confidence The Transformative Power of Medical Aesthetics
- Building a Better Work Environment: Castronovo & McKinney, LLC Leads the Way
- Germany IVD market shall reach US$5.14 Billion in 2028
- Unlocking the Power of Free Advertising Sites: Boost Your Business Without Breaking the Bank
- Transform Your Parking Experience: Discover the Top Management Systems
- Why You Would Like To Get A Bluetooth Car Kit
- Ohio’s Leading Crane Rigging Service Provider: Alltracon
- Advantages of Height Increasing Boots: Are Height Lifting Shoes Worth It?
- How Stay At Home And Hold Down The Fort Without Losing Your Body And Mind
- Home Equity Line Of Credit – The What, The Why And The Tfsa Option
- Medical Robotics Market shall expand at a CAGR of about 25.80% from 2023 to 2030, according to Renub Research.
- Shopping For Laundry Services – A Look
- The Gains Advantage From A Sliding Garage Door
- Time Management – Are Your Engines Running At Maximum Efficiency?
- The Roadblock: Can’t Reset Password for Spectrum Email
- Global Specialty Fertilizers Market is expected to amplify at a CAGR of 6.98% between 2024 and 2030
- Global Salmon Market shall be US$ 37.40 Billion by 2027, according to Renub Research. Propelled by Growing demand for ready-to-eat product and popular ingredient in commercial dishes
- Insights and Updates on NGO Project Reports: Tracking Progress and Impact
- France In-Vitro Diagnostics market shall reach US$ 4.03 Billion in 2028
- Exploring the Opportunities: BA Admission 2024 at Kalinga University
- How Can I Find Trusted Pooja Kit Dealers?
- Legal Metrology Registration: Ensuring Fair Trade Practices
- Window Cleaning Service – Your Windows Are One Less Worry At No More The Day
- Elevating Your Wardrobe: A Deep Dive into Fear of God Essentials Clothing
- Finding In The Assembly Jobs: Craftmanship Rules
- Elevate Your Corporate Travel Experience With O’hare’s Shuttle Services
- Radiation Dose Management Market, Size, Share, Growth | Forecast 2023-2028| Renub Research
- 4 In Order To Save Money On Gas
- Are Height Elevator Shoes Worth the Investment? Unlocking the Advantages
- Hotel Accommodation – Exactly What You Need And The # 1 Consideration?
- House Cleaning Flyer – Creating An Interesting Flyer
- Krisna: Menginspirasi Melalui Dedikasi dan Prestasi di Dunia Teknologi
- Auto Fm Transmitters – Why Wireless Is The Greater Option
- Amusing Tshirts For Men
- Indoor Drying Rack – 5 Tips When Buying Drying Racks For Indoor Use In The
- Taking Care Of One’s Washing Machine
- Alpine Car Deck Allows Ipod Connectivity
- Cancer Pain Management Market: Size, Share, Growth, Outlook, Company analysis | Renub Research
- Starting Individual Personal Cleaning Service – Anyone Have This Really Takes?
- Revolutionize Your Parking Lot With These Top-Rated Management Systems
- Global Vitiligo Treatment Market, Size, Share, Growth | Forecast 2023-2028 | Renub Research
- O’hare Shuttles: The Answer to Your Corporate Transportation Dilemmas
- Smart Parking Market is projected to grow at a CAGR of 19.80% during 2022- 2030 | Renub Research
- Emergency Lights – Essential Options Probably Hundreds Of Scams Home
- Radiofrequency Ablation Devices Market, Size, Share, Growth, Keyplayers | Forecast (2023 – 2028) | Renub Research
- Carpet Cleaning Strategies To Win The Fight Against Dirt
- Which course is best after a B.Com Computer Application?
- Why Should Really Get A Bluetooth Car Kit
- The Evolution of Leather Handbags: A Fashion Timeline
- Five Tips In Finding A Good House Cleaning Service
- Working From The House – A Blessing Clearly Curse?
- Replacing Ford Max Air Door – Ac Not Cool Enough
- Unlocking the Future of Corporate Travel With O’hare Shuttle Services
- Making Individuals Who Cleaning Schedule
- Home Equity Line Of Credit – The What, The Why And The Tfsa Option
- Top 10 Ways To Overpower Yourself – Time Wise
- 5 Things To Consider Personal Stress Management
- Money Saving For Students – Fatten Your Piggy Bank
- Replacing Ford Max Air Door – Ac Not Cool Enough
- Maid Service – Tutorial
- Top Garage Doors Security Tips You Will Have To Know
- Top Points To Consider For Managing Stress And Planning For A Successful Wedding
- Work From The House To Survive And Thrive In Today’s Economy
- Replacing Ford Max Air Door – Ac Not Cool Enough
- Elevate Your Corporate Image With O’hare Shuttles’ Premier Services
- Hiring A Rubbish Clearance Company
- Finding Dwelling Assembly Jobs: Craftmanship Rules
- Shopping For Laundry Services – A Look
- Preparing Real Estate For A Showing On Short Notice – Sanity Saver For Homesellers
- The Loveliness Of A Cleaning Company
- Tips For Running An Ad Laundry
- Property Management Advice – How To Handle With Renters’ Complaints
- Save Along With Money With Maid Service
- Corporate Shuttle Services: How O’hare Shuttles Delivers Exceptional Value
- Replacing Ford Max Air Door – Ac Not Cool Enough
- Discover Why These Parking Management Systems Are So Popular
- Discover the Power of the Best Parking Management Systems Today!
Drugstores and supermarkets have the potential to emerge as leading segments in the global OTC artificial tears market.
The Drug Store & Retail Pharmacies segment is set for significant growth, driven by factors like the rising prevalence of dry eye syndrome and the expanding senior population, alongside healthcare technology advancements. Conversely, online pharmacies are expected to grow substantially due to digitization, cost-effective drug sales, and increased awareness of eye health. Accessibility and convenience play vital roles in segment growth, with retail pharmacies offering easy access to OTC products like dry eye drops and a wide range of healthcare items. For example, the American Academy of Ophthalmology reports that among individuals aged 50 and older, 1.68 million men and 3.2 million women suffer from dry eye. Still, only 10% opt for prescription therapies, while 75% have never tried them.
United States will hold most of the OTC artificial tears market.
The United States has a thriving over-the-counter artificial tears market due to a large consumer base, advanced healthcare infrastructure, heightened awareness about health products, and a growing aging population prone to dry eye. According to the 2022 National Health and Wellness Survey, approximately 6.8% of U.S. adults have been diagnosed with dry eye disorder (DED), presenting a significant market opportunity. Manufacturers are responding by swiftly developing and promoting their products. Bausch + Lomb acquired Blink OTC eye drops from Johnson & Johnson Vision for USD 106.5 million in July 2023, aiming to expand its OTC product portfolio in the eye care market.
Key Player
AbbVie Inc., Akorn Inc., Alcon, Bausch Health Companies Inc., Johnson & Johnson, Nicox S.A., Novartis AG, Santen Pharmaceutical Co. Ltd., and Sun Pharmaceutical Industries Ltd. stand as prominent players in the global OTC artificial tears market.
In January 2022, Alcon introduced Systane Complete Preservative-Free Lubricant Eye Drops in Europe, expanding its dry eye product line with a user-friendly multi-dose bottle. Systane is a leading global brand of artificial tears. In February 2021, Abbvie expanded its product range with REFRESH DIGITAL lubricant Eye Drops in North Chicago, aiming to alleviate dryness and irritation from regular screen usage.
Product Types – Global OTC Artificial Tears Market breakup in 6 viewpoints:
- Solution
- Ointment
- Emulsion
- Gel
- Spray Solution
- Suspensions
Application – Global OTC Artificial Tears Market breakup in 6 viewpoints:
- Dry Eye Syndrome
- Allergies
- Infections
- UV and Blue Light Protection
- Contact Lens Moisture Retention
- Others
Distribution Channel – Global OTC Artificial Tears Market breakup in 4 viewpoints:
- Drugstores & Supermarkets
- Online Pharmacies
- Retail Pharmacies
- Others
Country – Global OTC Artificial Tears Market of 25 Countries:
- North America
1.1 United States
1.2 Canada
- Europe
2.1 France
2.2 Germany
2.3 Italy
2.4 Spain
2.5 United Kingdom
2.6 Belgium
2.7 Netherlands
2.8 Turkey
- Asia Pacific
3.1 China
3.2 Japan
3.3 India
3.4 South Korea
3.5 Thailand
3.6 Malaysia
3.7 Indonesia
3.8 Australia
3.9 New Zealand
- Latin America
4.1 Brazil
4.2 Mexico
4.3 Argentina
- Middle East & Africa
5.1 Saudi Arabia
5.2 UAE
5.3 South Africa
All the Key players have been covered from 3 Viewpoints:
- Overview
- Recent Development
- Revenue Analysis
Company Analysis:
- AbbVie Inc.
- Akorn Inc.
- Alcon
- Bausch Health Companies Inc.
- Johnson & Johnson
- Nicox S.A.
- Novartis AG
- Santen Pharmaceutical Co. Ltd.
- Sun Pharmaceutical Industries Ltd.
Browse Related Report:
Vision Care Market: https://www.renub.com/vision-care-market-p.php
Sleep Apnea Devices Market: https://www.renub.com/sleep-apnea-devices-market-p.php
Defibrillators Market: https://www.renub.com/defibrillator-market-forecast-p.php
Telemedicine Market: https://www.renub.com/telemedicine-market-p.php
About the Company:
Renub Research is a Market Research and Information Analysis company with more than 15 years of experience in Research, Survey, and Consulting. Our research helps companies to take business decisions: on strategy, organization, operations, technology, mergers & acquisitions, etc. Till now we have published more than 7000 syndicated reports and worked on more than 500 custom research projects. Currently, we are supplying data to EMIS, Bloomberg, Thomson Reuters, etc. We support many blue-chip companies by providing them with findings and perspectives across a wide range of markets.
Contact Us:
Renub Research
Phone No: +1-478-202-3244 | +91-120-421-9822 (IND)
Email: info@renub.com
LinkedIn: https://in.linkedin.com/company/renub-research
Web: www.renub.com