Global Artificial Tears Market Growth 2023-2029
Artificial tears are lubricant eye drops used to treat the dryness and irritation associated with deficient tear production in keratoconjunctivitis sicca (dry eyes). They are also used to moisten contact lenses and in eye examinations.
LPI (LP Information)' newest research report, the “Artificial Tears Industry Forecast” looks at past sales and reviews total world Artificial Tears sales in 2022, providing a comprehensive analysis by region and market sector of projected Artificial Tears sales for 2023 through 2029. With Artificial Tears sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Artificial Tears industry.
This Insight Report provides a comprehensive analysis of the global Artificial Tears landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Artificial Tears portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Artificial Tears market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Artificial Tears and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Artificial Tears.
The global Artificial Tears market size is projected to grow from US$ 2858.1 million in 2022 to US$ 5198.3 million in 2029; it is expected to grow at a CAGR of 5198.3 from 2023 to 2029.
The industry's leading producers are Allergan, Alcon and Bausch & Lomb, with revenues of 23.40%, 27.67% and 8.98%, respectively, in 2019.
This report presents a comprehensive overview, market shares, and growth opportunities of Artificial Tears market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Artificial Tear Liquid
Artificial Tear Ointment
Segmentation by application
Dry Eyes Treatment
Contact Lenses Moisten
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Allergan
Alcon
Bausch & Lomb
Johnson & Johnson
Santen Pharmaceutical
Ursapharm
Rohto
Similasan Corporation
Ocusoft
Sintong
Wuhan Yuanda
Key Questions Addressed in this Report
What is the 10-year outlook for the global Artificial Tears market?
What factors are driving Artificial Tears market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Artificial Tears market opportunities vary by end market size?
How does Artificial Tears break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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