Artificial Tears Market by Product Type (Cellulose-derived, Glycerin-derived, Oil-based Emulsion), Application (Contact Lens Moisture, Dry Eye Treatment), Delivery Mode - Global Forecast 2024-2030
The Artificial Tears Market size was estimated at USD 2.06 billion in 2023 and expected to reach USD 2.23 billion in 2024, at a CAGR 8.27% to reach USD 3.60 billion by 2030.
FPNV Positioning Matrix
The FPNV Positioning Matrix is pivotal in evaluating the Artificial Tears Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share Analysis
The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Artificial Tears Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Key Company Profiles
The report delves into recent significant developments in the Artificial Tears Market, highlighting leading vendors and their innovative profiles. These include AbbVie Inc., Alcon Vision LLC, Bausch & Lomb Incorporated, Bayer AG, Horus Pharma, Johnson & Johnson Services, Inc., Nicox S.A., Novartis AG, Novax Pharma, Oasis Medical, Inc., OCuSOFT Inc., OmniVision GmbH, Otsuka Pharmaceutical Co., Ltd., Prestige Consumer Healthcare Inc., Santen Pharmaceutical Co., Ltd., Scope Ophthalmics Ltd., Shire PLC by Takeda Pharmaceutical Company Limited, Similasan Corporation, Sun Pharmaceutical Industries, Inc., Taiwan Biotech Co., Ltd., Thea Pharmaceuticals Ltd., URSAPHARM Arzneimittel GmbH, Visufarma, and ZEISS Group.
Market Segmentation & Coverage
This research report categorizes the Artificial Tears Market to forecast the revenues and analyze trends in each of the following sub-markets:
Product Type
Cellulose-derived
Glycerin-derived
Oil-based Emulsion
Polyethylene Glycol-based
Propylene Glycol-based
Sodium Hyaluronate-based
Application
Contact Lens Moisture
Dry Eye Treatment
Delivery Mode
Eye Drops
Ointments
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom The report offers valuable insights on the following aspects:
Market Penetration: It presents comprehensive information on the market provided by key players.
Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as:
What is the market size and forecast of the Artificial Tears Market?
Which products, segments, applications, and areas should one consider investing in over the forecast period in the Artificial Tears Market?
What are the technology trends and regulatory frameworks in the Artificial Tears Market?
What is the market share of the leading vendors in the Artificial Tears Market?
Which modes and strategic moves are suitable for entering the Artificial Tears Market?
Note: PDF & Excel + Online Access - 1 Year
1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Artificial Tears Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Rising incidences of eye disorders worldwide
5.1.1.2. Increasing prevalence of dry eye syndrome
5.1.1.3. Growing awareness and inclination towards early diagnosis and treatment
5.1.2. Restraints
5.1.2.1. Short-term effects of artificial tears
5.1.3. Opportunities
5.1.3.1. Introduction of improved artificial tears with enhanced stability
5.1.3.2. Significant investments in developing innovative artificial tear formulations
5.1.4. Challenges
5.1.4.1. Risk pertaining to the use of contaminated artificial tears
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. Artificial Tears Market, by Product Type
6.1. Introduction
6.2. Cellulose-derived
6.3. Glycerin-derived
6.4. Oil-based Emulsion
6.5. Polyethylene Glycol-based
6.6. Propylene Glycol-based
6.7. Sodium Hyaluronate-based
7. Artificial Tears Market, by Application
7.1. Introduction
7.2. Contact Lens Moisture
7.3. Dry Eye Treatment
8. Artificial Tears Market, by Delivery Mode
8.1. Introduction
8.2. Eye Drops
8.3. Ointments
9. Americas Artificial Tears Market
9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States
10. Asia-Pacific Artificial Tears Market
10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam
11. Europe, Middle East & Africa Artificial Tears Market
11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom
12. Competitive Landscape
12.1. FPNV Positioning Matrix
12.2. Market Share Analysis, By Key Player
12.3. Competitive Scenario Analysis, By Key Player
13. Competitive Portfolio
13.1. Key Company Profiles
13.1.1. AbbVie Inc.
13.1.2. Alcon Vision LLC
13.1.3. Bausch & Lomb Incorporated
13.1.4. Bayer AG
13.1.5. Horus Pharma
13.1.6. Johnson & Johnson Services, Inc.
13.1.7. Nicox S.A.
13.1.8. Novartis AG
13.1.9. Novax Pharma
13.1.10. Oasis Medical, Inc.
13.1.11. OCuSOFT Inc.
13.1.12. OmniVision GmbH
13.1.13. Otsuka Pharmaceutical Co., Ltd.
13.1.14. Prestige Consumer Healthcare Inc.
13.1.15. Santen Pharmaceutical Co., Ltd.
13.1.16. Scope Ophthalmics Ltd.
13.1.17. Shire PLC by Takeda Pharmaceutical Company Limited
13.1.18. Similasan Corporation
13.1.19. Sun Pharmaceutical Industries, Inc.
13.1.20. Taiwan Biotech Co., Ltd.
13.1.21. Thea Pharmaceuticals Ltd.
13.1.22. URSAPHARM Arzneimittel GmbH
13.1.23. Visufarma
13.1.24. ZEISS Group
13.2. Key Product Portfolio
14. Appendix
14.1. Discussion Guide
14.2. License & Pricing
FIGURE 1. ARTIFICIAL TEARS MARKET RESEARCH PROCESS
FIGURE 2. ARTIFICIAL TEARS MARKET SIZE, 2023 VS 2030