Europe Dry Eye Syndrome Treatment Market Size 2020 Competitive Landscape, CAGR Value, and Growth forecast to 2025

The new research report titled "Dry Eye Syndrome Market, Global Industry Analysis, and Forecast to 2027" gives a detailed analysis and future forecasts of the market.

The report highlights the significant players, including market size, share, and demand, development.

This report further covers the latest trends, technological advancements, and growth opportunities.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.

The major players in the dry eye syndrome market include Allergan, Novartis AG, Otsuka Pharmaceutical Co. Ltd., Valent Pharmaceuticals, Johnson And Johnson Vision, Acadia Pharmaceutical, Allostera Pharma, I-Med Pharma Inc., Santen Pharmaceuticals Co. Ltd., AFT Pharmaceuticals, Others.

This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Dry Eye Syndrome Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/dry-eye-syndrome-market/download-sampleMarket DynamicsThe growing emphasis on the treatment of dry eye syndrome due to its severity and its potential to affect one's vision is the critical trend creating several opportunities for market growth.

The increased investment in the R & D of various treatment options will positively impact this market's growth.

It includes the size, share, growth, trends, key players, segments and regional analysis in detail during the study year 2020-2027.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.

The major players in the dry eye disease treatment market include Bausch + Lomb, Akorn Inc., Novartis AG, Alimera Science, Allergan plc., Santen Pharmaceutical Co. Ltd, Auven Therapeutics, GlaxoSmithKline plc, Nicox S.A., and Otsuka Holdings Co. Ltd.

This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Dry Eye Disease Treatment Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/dry-eye-disease-treatment-market/download-sampleMarket DynamicsExcessive use of smartphones & computers, expanding aging population, which is highly prone to the syndrome, and other risk factors are steering the dry eye disease treatment market.

As per World Population Prospects 2019 estimates, around 9% of the global population is over 65 years of age, and by 2050 this is expected to account for nearly 17% of the worldwide population.

Expanding prevalence of these diseases will tend to cause a rise in the incidence of dry eye disease.

Increasing awareness levels, rising diagnostic rates, availability of better treatment options are other factors augmenting the market's growth.

Global Dry Eye Syndrome MarketDry eye syndrome, medically known as keratoconjunctivitis sicca, is an ocular disorder caused by the lack of tear fluid to lubricate the eyes.

This can be an indicator of either low production of tears or rapid evaporation of the film of tears on the surface of the eyes, which can be brought about by several conditions.

Dry eye syndrome is one of the most common eye disorders around the world and is particularly common in the geriatric demographic.

All these treatments have different mechanisms: artificial tears can close up the deficiency of natural tears to lubricate the eyes, steroid drops help soothe inflammation around the eye to stimulate natural tear production, warm compressors help increase the activity of glands around the eyes required to produce tears, and punctal plugs help keep tears on the surface of the eyes for a longer period.Request COVID Analysis on Dry Eye Syndrome Treatment Market –  https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19_id=10844 Global Dry Eye Syndrome Market: Drivers and RestraintsThe growth of the global dry eye syndrome market is primarily due to the increase in the overall prevalence of dry eye syndrome, which is attributable to a combination of several factors.The rising geriatric population around the world has led to an upsurge in the overall prevalence of dry eye syndrome, as tear glands weaken due to aging and can’t produce sufficient tear fluid to maintain a lubricating film over the eyes.The high prevalence of other conditions that can affect the functioning of the eye, such as diabetes, is another major factor boosting the prevalence of dry eye syndrome.

The changes in the composition of the patient’s blood due to diabetes can affect tear glands adversely, causing dry eye syndrome.

Other conditions that can indirectly cause dry eye syndrome include vitamin A deficiency, lupus, thyroid disorders, and rheumatoid arthritis.Request Customization on Dry Eye Syndrome Treatment Market Report – https://www.transparencymarketresearch.com/sample/sample.php?flag=CR_id=10844 The global dry eye syndrome market has also been boosted by the increasing awareness among the population about this disease.

Global Dry Eye Syndrome Treatment Market: Overview

Dry eye syndrome (DES) is also known as keratisis sicca and kerato-conjunctivitis sicca. People suffering from DES show damage to the ocular surface, instability in the tear film, and visual disturbance. Tear film covers the ocular surface, which is made up of three intertwined layers, a superficial lipid layer, produced by meibomian glands assist in reducing tear evaporation and uniform tear spreading, middle thick aqueous layer produced from lacrimal glands, and the innermost hydrophilic mucin layer produced from goblet cells of conjunctiva and epithelium of ocular surface.

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The two most common types of DES are DES associated with Sjogren syndrome (SS) and DES unassociated with SS. DES can also be classified as aqueous deficiency dry eye and evaporative dry eye disorder. According to TearScience Inc., in 2012, around 86% of the patients in Europe and the U.S. were suffering from DES showed symptoms of Meibomian Gland Dysfunction (MGD, blockage of meibomian glands). The blockage causes less secretion of oil in the tears, which results in evaporation of tears too quickly.

The global dry eye syndrome treatment market is primarily driven by growing geriatric population coupled with high prevalence of dry eye syndrome and growth in awareness about the diagnosis and treatment of the disease. However, the stringent drug approvals, expirations of the blockbuster drugs patents, and lack of skilled ophthalmologists are restraining the growth of DES market. According to National Health and Wellness Survey in 2013, approximately 16.4 million people are suffering from DES, which accounts for 6.8% of the total population of the U.S. Prevalence of DES increases with age, 2.7% for 18 - 34 age group and 18.6% for more than 75 age group were reported to be suffering from DES. The prevalence of DES is higher in women (8.8%) as compared to men (4.5%). According to the National Eye Institute, in the U.S the annual cost of treating DES including prescription drugs is US $3.84 billion.

Global Dry Eye Syndrome Treatment Market: Segmentation

By Product Type

• Cyclosporine
• Oral Corticosteroid
• Artificial Tears
• Omega Supplements
• Punctual Bags

• Removable Bags
• Dissolvable Bags

By Disease Type:

• Evaporative Dry Eye Syndrome
• Aqueous Dry Eye Syndrome

By Product

• Liquid Drops
• Gel
• Liquid Wipes
• Eye Ointment

By Distribution Channel

• Retail Pharmacies
• Hospital Pharmacies
• Online Pharmacies

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High healthcare expenditure and increasing R&D activities in the DES treatment market is expected to propel growth of DES market in North America

Growing geriatric population coupled with high prevalence of dry eye syndrome owing to lifestyle disorders are contributing factors for the growth of DES market in the North America region.

Asia Pacific region is emerging in DES treatment market due to large pool of patient population. According to the regional population based study published in All India Ophthalmological Society, in 2012, the prevalence of DES was 40.8% with mild symptoms and 31.7% with MGD.

Global dry eye syndrome treatment market is oligopolistic in nature with few players holding majority of the share. Various strategies are adopted by market players such as new product launches, acquisitions, and agreements in order to retain market position. In September, 2017, Johnson and Johnson Vision, acquired TearScience Inc., a medical device manufacturer for treating MGD. This acquisition expanded the company’s eye health portfolio. In April 2017, Allergan received marketing approval from FDA for its TrueTear Intranasal Tear Neurostimulator.

Some of the major players operating in the global dry eye syndrome treatment market are Allergan, Novartis AG., Otsuka Pharmaceutical Co. Ltd., Valent Pharmaceuticals, Johnson and Johnson Vision, Acadia Pharmaceuticals, Allostera Pharma, I-Med Pharma Inc., Santen Pharmaceuticals Co. Ltd., AFT pharmaceuticals, Novaliq GmBh, and Auven therapeutics.

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