Global OTC Artificial Tears Market Forecast 2021-2028

Publisher Name :
Date: 09-Aug-2021
No. of pages: 215

KEY FINDINGS

The global OTC artificial tears market is set to advance with a CAGR of 5.12% during the estimated years of 2021 to 2028. The market growth is predominantly attributed to progressions in research and development within the optometry sector, the incidence of dry eye disease and allergic conjunctivitis, the increased demand for OTC artificial tears for treating patients, and the susceptibility of the geriatric population to eye diseases.

MARKET INSIGHTS

Artificial tears entail lubricant eye drops, used for treating dryness and irritation mainly caused due to tear production deficiency. They are formulated to induce natural tears, in addition to treating numerous eye problems such as infection, allergy, as well as protection from UV and blue light. Moreover, artificial tears are also used for moisturizing contact lenses.

The availability of OTC artificial tears in different dosage forms of treatment, prevention, and management of patients suffering from dry eye syndrome is a major factor bolstering the global market's growth. As per the American Academy of Ophthalmology (AAO), nearly 3.2 million women and 1.68 million men were reportedly diagnosed with dry eye syndrome in 2019. However, if dry eye syndrome remains untreated for a longer period of time, it may cause blurred vision, infection, and increased sensitivity.

REGIONAL INSIGHTS

The global OTC artificial tears market growth evaluation includes the study of North America, the Asia-Pacific, Europe, and the Rest of World. The Asia-Pacific is set to grow with the highest CAGR during the forecasted period owing to factors such as the surging geriatric populace, the elevated levels of environmental pollution, and the increasing number of cataracts as well as glaucoma surgeries.

COMPETITIVE INSIGHTS

The highly sustainable competitive advantages through innovation will likely intensify competition between companies operating in the global OTC artificial tears. As a result, powerful competitive strategies are anticipated to augment the competitive rivalry in the market studied.

Leading players in the market include Sun Pharmaceutical Industries Ltd, Allergan PLC (Acquired by Abbvie), Bausch Health Companies Inc, etc.

Our report offerings include:

- Explore key findings of the overall market

- Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)

- Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions

- Market Segmentation cater to a thorough assessment of key segments with their market estimations

- Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share

- Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.

- Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.

- Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments

Global OTC Artificial Tears Market Forecast 2021-2028

Table Of Contents

1. Research Scope & Methodology
1.1. Study Objectives
1.2. Scope Of Study
1.3. Methodology
1.4. Assumptions & Limitations
2. Executive Summary
2.1. Market Size & Estimates
2.2. Market Overview
3. Market Dynamics
3.1. Key Drivers
3.1.1. Prevalence Of Allergic Conjunctivitis And Dry Eye Disease
3.1.2. Progressions In Research And Development In The Optometry Sector
3.1.3. Susceptibility Of Geriatric Population To Eye Diseases
3.1.4. Demand For The OTC Artificial Tears For The Treatment Of Patients
3.2. Key Restraints
3.2.1. Accessibility Of Substitute Therapies
3.2.2. Risk Of Side Effects Related To The OTC Artificial Tears Drug
4. Key Analytics
4.1. Impact Of Covid-19 On OTC Artificial Tears Market
4.2. Key Market Trends
4.3. Porter's Five Forces Analysis
4.3.1. Buyers Power
4.3.2. Suppliers Power
4.3.3. Substitution
4.3.4. New Entrants
4.3.5. Industry Rivalry
4.4. Opportunity Matrix
4.5. Vendor Landscape
5. Market By Formulation
5.1. Preservative Based
5.2. Non-Preservative Based
6. Market By Product
6.1. Solution
6.2. Ointment
6.3. Gel
6.4. Spray Solution
6.5. Emulsion
6.6. Suspension
7. Market By Type Of Container
7.1. Plastic Multi-Dose Container
7.1.1. Preservative-Free System
7.1.2. Preserved Systems
7.2. Plastic Single-Dose Container
7.3. Spray
7.3.1. Preserved Systems
7.3.2. Preservative-Free System
8. Market By Application
8.1. Dry Eye Syndrome
8.2. Allergies
8.3. Contact Lens Moisture Retention
8.4. Infections
8.5. Uv & Blue Light Protection
8.6. Other Applications
9. Market By Distribution Channel
9.1. Drug Stores & Retail Pharmacies
9.2. Hospital Pharmacies
9.3. Online Pharmacies
10. Geographical Analysis
10.1. North America
10.1.1. Market Size & Estimates
10.1.2. Key Growth Enablers
10.1.3. Key Challenges
10.1.4. Key Players
10.1.5. Country Analysis
10.1.5.1. United States
10.1.5.2. Canada
10.2. Europe
10.2.1. Market Size & Estimates
10.2.2. Key Growth Enablers
10.2.3. Key Challenges
10.2.4. Key Players
10.2.5. Country Analysis
10.2.5.1. Germany
10.2.5.2. France
10.2.5.3. United Kingdom
10.2.5.4. Italy
10.2.5.5. Russia
10.2.5.6. Belgium
10.2.5.7. Poland
10.2.5.8. Rest Of Europe
10.3. Asia-Pacific
10.3.1. Market Size & Estimates
10.3.2. Key Growth Enablers
10.3.3. Key Challenges
10.3.4. Key Players
10.3.5. Country Analysis
10.3.5.1. China
10.3.5.2. Japan
10.3.5.3. India
10.3.5.4. Australia & New Zealand
10.3.5.5. South Korea
10.3.5.6. Indonesia
10.3.5.7. Thailand
10.3.5.8. Singapore
10.3.5.9. Rest Of Asia-Pacific
10.4. Rest Of World
10.4.1. Market Size & Estimates
10.4.2. Key Growth Enablers
10.4.3. Key Challenges
10.4.4. Key Players
10.4.5. Regional Analysis
10.4.5.1. Latin America
10.4.5.2. Middle East & Africa
11. Competitive Landscape
11.1. Key Strategic Developments
11.1.1. Mergers & Acquisitions
11.1.2. Product Launches & Developments
11.1.3. Partnerships & Agreements
11.1.4. Business Expansions, Announcements, And Divestitures
11.2. Company Profiles
11.2.1. Akorn Inc
11.2.2. Alcon Inc
11.2.3. Allergan Plc (Acquired By Abbvie)
11.2.4. Bausch Health Companies Inc
11.2.5. Johnson & Johnson
11.2.6. Nicox Sa
11.2.7. Novartis Ag
11.2.8. Oasis Medical
11.2.9. Ocusoft Inc
11.2.10. Santen Pharmaceutical Co Ltd
11.2.11. Sentiss Pharma Pvt Ltd
11.2.12. Similasan Corporation
11.2.13. Sun Pharmaceutical Industries Ltd
11.2.14. Ursapharm Arzneimittel Gmbh
11.2.15. Visufarma

List Of Tables
Table 1: Market Snapshot - OTC Artificial Tears
Table 2: Number Of Persons Aged 65 Years Or Over, By Geographic Region, 2019 And 2050
Table 3: Global OTC Artificial Tears Market, By Formulation, Historical Years, 2016-2020 (In $ Million)
Table 4: Global OTC Artificial Tears Market, By Formulation, Forecast Years, 2021-2028 (In $ Million)
Table 5: Global Preservative Based Market, By Region, Historical Years, 2016-2020 (In $ Million)
Table 6: Global Preservative Based Market, By Region, Forecast Years, 2021-2028 (In $ Million)
Table 7: Global Non-Preservative Based Market, By Region, Historical Years, 2016-2020 (In $ Million)
Table 8: Global Non-Preservative Based Market, By Region, Forecast Years, 2021-2028 (In $ Million)
Table 9: Global OTC Artificial Tears Market, By Product, Historical Years, 2016-2020 (In $ Million)
Table 10: Global OTC Artificial Tears Market, By Product, Forecast Years, 2021-2028 (In $ Million)
Table 11: Global Solution Market, By Region, Historical Years, 2016-2020 (In $ Million)
Table 12: Global Solution Market, By Region, Forecast Years, 2021-2028 (In $ Million)
Table 13: Global Ointment Market, By Region, Historical Years, 2016-2020 (In $ Million)
Table 14: Global Ointment Market, By Region, Forecast Years, 2021-2028 (In $ Million)
Table 15: Global Gel Market, By Region, Historical Years, 2016-2020 (In $ Million)
Table 16: Global Gel Market, By Region, Forecast Years, 2021-2028 (In $ Million)
Table 17: Global Spray Solution Market, By Region, Historical Years, 2016-2020 (In $ Million)
Table 18: Global Spray Solution Market, By Region, Forecast Years, 2021-2028 (In $ Million)
Table 19: Global Emulsion Market, By Region, Historical Years, 2016-2020 (In $ Million)
Table 20: Global Emulsion Market, By Region, Forecast Years, 2021-2028 (In $ Million)
Table 21: Global Suspension Market, By Region, Historical Years, 2016-2020 (In $ Million)
Table 22: Global Suspension Market, By Region, Forecast Years, 2021-2028 (In $ Million)
Table 23: Global OTC Artificial Tears Market, By Type Of Container, Historical Years, 2016-2020 (In $ Million)
Table 24: Global OTC Artificial Tears Market, By Type Of Container, Forecast Years, 2021-2028 (In $ Million)
Table 25: Global Plastic Multi-Dose Container Market, By Region, Historical Years, 2016-2020 (In $ Million)
Table 26: Global Plastic Multi-Dose Container Market, By Region, Forecast Years, 2021-2028 (In $ Million)
Table 27: Global Plastic Multi-Dose Container Market, By Type, Historical Years, 2016-2020 (In $ Million)
Table 28: Global Plastic Multi-Dose Container Market, By Type, Forecast Years, 2021-2028 (In $ Million)
Table 29: Global Preservative-Free System Market, By Region, Historical Years, 2016-2020 (In $ Million)
Table 30: Global Preservative-Free System Market, By Region, Forecast Years, 2021-2028 (In $ Million)
Table 31: Global Preserved Systems Market, By Region, Historical Years, 2016-2020 (In $ Million)
Table 32: Global Preserved Systems Market, By Region, Forecast Years, 2021-2028 (In $ Million)
Table 33: Global Plastic Single-Dose Container Market, By Region, Historical Years, 2016-2020 (In $ Million)
Table 34: Global Plastic Single-Dose Container Market, By Region, Forecast Years, 2021-2028 (In $ Million)
Table 35: Global Spray Market, By Region, Historical Years, 2016-2020 (In $ Million)
Table 36: Global Spray Market, By Region, Forecast Years, 2021-2028 (In $ Million)
Table 37: Global Spray Market, By Type, Historical Years, 2016-2020 (In $ Million)
Table 38: Global Spray Market, By Type, Forecast Years, 2021-2028 (In $ Million)
Table 39: Global Preserved Systems Market, By Region, Historical Years, 2016-2020 (In $ Million)
Table 40: Global Preserved Systems Market, By Region, Forecast Years, 2021-2028 (In $ Million)
Table 41: Global Preservative-Free System Market, By Region, Historical Years, 2016-2020 (In $ Million)
Table 42: Global Preservative-Free System Market, By Region, Forecast Years, 2021-2028 (In $ Million)
Table 43: Global OTC Artificial Tears Market, By Application, Historical Years, 2016-2020 (In $ Million)
Table 44: Global OTC Artificial Tears Market, By Application, Forecast Years, 2021-2028 (In $ Million)
Table 45: Global Dry Eye Syndrome Market, By Region, Historical Years, 2016-2020 (In $ Million)
Table 46: Global Dry Eye Syndrome Market, By Region, Forecast Years, 2021-2028 (In $ Million)
Table 47: Global Allergies Market, By Region, Historical Years, 2016-2020 (In $ Million)
Table 48: Global Allergies Market, By Region, Forecast Years, 2021-2028 (In $ Million)
Table 49: Global Contact Lens Moisture Retention Market, By Region, Historical Years, 2016-2020 (In $ Million)
Table 50: Global Contact Lens Moisture Retention Market, By Region, Forecast Years, 2021-2028 (In $ Million)
Table 51: Global Infections Market, By Region, Historical Years, 2016-2020 (In $ Million)
Table 52: Global Infections Market, By Region, Forecast Years, 2021-2028 (In $ Million)
Table 53: Global Uv & Blue Light Protection Market, By Region, Historical Years, 2016-2020 (In $ Million)
Table 54: Global Uv & Blue Light Protection Market, By Region, Forecast Years, 2021-2028 (In $ Million)
Table 55: Global Other Applications Market, By Region, Historical Years, 2016-2020 (In $ Million)
Table 56: Global Other Applications Market, By Region, Forecast Years, 2021-2028 (In $ Million)
Table 57: Global OTC Artificial Tears Market, By Distribution Channel, Historical Years, 2016-2020 (In $ Million)
Table 58: Global OTC Artificial Tears Market, By Distribution Channel, Forecast Years, 2021-2028 (In $ Million)
Table 59: Global Drug Stores & Retail Pharmacies Market, By Region, Historical Years, 2016-2020 (In $ Million)
Table 60: Global Drug Stores & Retail Pharmacies Market, By Region, Forecast Years, 2021-2028 (In $ Million)
Table 61: Global Hospital Pharmacies Market, By Region, Historical Years, 2016-2020 (In $ Million)
Table 62: Global Hospital Pharmacies Market, By Region, Forecast Years, 2021-2028 (In $ Million)
Table 63: Global Online Pharmacies Market, By Region, Historical Years, 2016-2020 (In $ Million)
Table 64: Global Online Pharmacies Market, By Region, Forecast Years, 2021-2028 (In $ Million)
Table 65: Global OTC Artificial Tears Market, By Region, Historical Years, 2016-2020 (In $ Million)
Table 66: Global OTC Artificial Tears Market, By Region, Forecast Years, 2021-2028 (In $ Million)
Table 67: North America OTC Artificial Tears Market, By Country, Historical Years, 2016-2020 (In $ Million)
Table 68: North America OTC Artificial Tears Market, By Country, Forecast Years, 2021-2028 (In $ Million)
Table 69: Leading Players Operating In North America OTC Artificial Tears Market
Table 70: Europe OTC Artificial Tears Market, By Country, Historical Years, 2016-2020 (In $ Million)
Table 71: Europe OTC Artificial Tears Market, By Country, Forecast Years, 2021-2028 (In $ Million)
Table 72: Leading Players Operating In Europe OTC Artificial Tears Market
Table 73: Asia-Pacific OTC Artificial Tears Market, By Country, Historical Years, 2016-2020 (In $ Million)
Table 74: Asia-Pacific OTC Artificial Tears Market, By Country, Forecast Years, 2021-2028 (In $ Million)
Table 75: Leading Players Operating In Asia-Pacific OTC Artificial Tears Market
Table 76: Rest Of World OTC Artificial Tears Market, By Region, Historical Years, 2016-2020 (In $ Million)
Table 77: Rest Of World OTC Artificial Tears Market, By Region, Forecast Years, 2021-2028 (In $ Million)
Table 78: Leading Players Operating In Rest Of World OTC Artificial Tears Market
Table 79: List Of Mergers & Acquisitions
Table 80: List Of Product Launches & Developments
Table 81: List Of Partnerships & Agreements
Table 82: List Of Business Expansions, Announcements, And Divestitures

List Of Figures
Figure 1: Key Market Trends
Figure 2: Porter's Five Forces Analysis
Figure 3: Opportunity Matrix
Figure 4: Vendor Landscape
Figure 5: Global OTC Artificial Tears Market, By Formulation, In 2020
Figure 6: Global OTC Artificial Tears Market, By Preservative Based, 2021-2028 (In $ Million)
Figure 7: Global OTC Artificial Tears Market, By Non-Preservative Based, 2021-2028 (In $ Million)
Figure 8: Global OTC Artificial Tears Market, By Product, In 2020
Figure 9: Global OTC Artificial Tears Market, By Solution, 2021-2028 (In $ Million)
Figure 10: Global OTC Artificial Tears Market, By Ointment, 2021-2028 (In $ Million)
Figure 11: Global OTC Artificial Tears Market, By Gel, 2021-2028 (In $ Million)
Figure 12: Global OTC Artificial Tears Market, By Spray Solution, 2021-2028 (In $ Million)
Figure 13: Global OTC Artificial Tears Market, By Emulsion, 2021-2028 (In $ Million)
Figure 14: Global OTC Artificial Tears Market, By Suspension, 2021-2028 (In $ Million)
Figure 15: Global OTC Artificial Tears Market, By Type Of Container, In 2020
Figure 16: Global OTC Artificial Tears Market, By Plastic Multi-Dose Container, 2021-2028 (In $ Million)
Figure 17: Global Plastic Multi-Dose Container Market, By Preservative-Free System, 2021-2028 (In $ Million)
Figure 18: Global Plastic Multi-Dose Container Market, By Preserved Systems, 2021-2028 (In $ Million)
Figure 19: Global OTC Artificial Tears Market, By Plastic Single-Dose Container, 2021-2028 (In $ Million)
Figure 20: Global OTC Artificial Tears Market, By Spray, 2021-2028 (In $ Million)
Figure 21: Global Spray Market, By Preserved Systems, 2021-2028 (In $ Million)
Figure 22: Global Spray Market, By Preservative-Free System, 2021-2028 (In $ Million)
Figure 23: Global OTC Artificial Tears Market, By Application, In 2020
Figure 24: Global OTC Artificial Tears Market, By Dry Eye Syndrome, 2021-2028 (In $ Million)
Figure 25: Global OTC Artificial Tears Market, By Allergies, 2021-2028 (In $ Million)
Figure 26: Global OTC Artificial Tears Market, By Contact Lens Moisture Retention, 2021-2028 (In $ Million)
Figure 27: Global OTC Artificial Tears Market, By Infections, 2021-2028 (In $ Million)
Figure 28: Global OTC Artificial Tears Market, By Uv & Blue Light Protection, 2021-2028 (In $ Million)
Figure 29: Global OTC Artificial Tears Market, By Other Applications, 2021-2028 (In $ Million)
Figure 30: Global OTC Artificial Tears Market, By Distribution Channel, In 2020
Figure 31: Global OTC Artificial Tears Market, By Drug Stores & Retail Pharmacies, 2021-2028 (In $ Million)
Figure 32: Global OTC Artificial Tears Market, By Hospital Pharmacies, 2021-2028 (In $ Million)
Figure 33: Global OTC Artificial Tears Market, By Online Pharmacies, 2021-2028 (In $ Million)
Figure 34: North America OTC Artificial Tears Market, Country Outlook, 2020 & 2028 (In %)
Figure 35: United States OTC Artificial Tears Market, 2021-2028 (In $ Million)
Figure 36: Canada OTC Artificial Tears Market, 2021-2028 (In $ Million)
Figure 37: Europe OTC Artificial Tears Market, Country Outlook, 2020 & 2028 (In %)
Figure 38: Germany OTC Artificial Tears Market, 2021-2028 (In $ Million)
Figure 39: France OTC Artificial Tears Market, 2021-2028 (In $ Million)
Figure 40: United Kingdom OTC Artificial Tears Market, 2021-2028 (In $ Million)
Figure 41: Italy OTC Artificial Tears Market, 2021-2028 (In $ Million)
Figure 42: Russia OTC Artificial Tears Market, 2021-2028 (In $ Million)
Figure 43: Belgium OTC Artificial Tears Market, 2021-2028 (In $ Million)
Figure 44: Poland OTC Artificial Tears Market, 2021-2028 (In $ Million)
Figure 45: Rest Of Europe OTC Artificial Tears Market, 2021-2028 (In $ Million)
Figure 46: Asia-Pacific OTC Artificial Tears Market, Country Outlook, 2020 & 2028 (In %)
Figure 47: China OTC Artificial Tears Market, 2021-2028 (In $ Million)
Figure 48: Japan OTC Artificial Tears Market, 2021-2028 (In $ Million)
Figure 49: India OTC Artificial Tears Market, 2021-2028 (In $ Million)
Figure 50: Australia & New Zealand OTC Artificial Tears Market, 2021-2028 (In $ Million)
Figure 51: South Korea OTC Artificial Tears Market, 2021-2028 (In $ Million)
Figure 52: Indonesia OTC Artificial Tears Market, 2021-2028 (In $ Million)
Figure 53: Thailand OTC Artificial Tears Market, 2021-2028 (In $ Million)
Figure 54: Singapore OTC Artificial Tears Market, 2021-2028 (In $ Million)
Figure 55: Rest Of Asia-Pacific OTC Artificial Tears Market, 2021-2028 (In $ Million)
Figure 56: Rest Of World OTC Artificial Tears Market, Regional Outlook, 2020 & 2028 (In %)
Figure 57: Latin America OTC Artificial Tears Market, 2021-2028 (In $ Million)
Figure 58: Middle East & Africa OTC Artificial Tears Market, 2021-2028 (In $ Million)
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