Eye-Drop And Lubricants Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast 2019 - 2025

Report Code: HCR 94497 Report Format: PDF + Excel (Delivery in 48 Hrs)

Eye-Drop And Lubricants Market Overview:

As per a report by Cable News Network (CNN), Americans devote more than 10 hours a day to screen time on various multimedia devices like smartphones and personal computers, and this trend is estimated to grow.[1] Owing to this and several other factors such as poor nutritive consumption; increased usage of mobiles and laptops; frequent travelling and rising pollution levels; increased frequency of eye diseases and disorders including redness, itching, soreness, conjunctivitis, dry eye refractive errors, diabetic macular edema, and CMV retinitis, there has been a significant boost to the ophthalmology branch of healthcare. The global eye-drop and lubricants market is thus capitalizing on this global epidemic, and attained a market size of $16.24 billion in 2018. With increasing geriatric population and imperative digitalization enforcing increased screen time among individuals, the market is estimated to progress at a CAGR of 4.51% during the forecast period 2019-2025.

 

Eye-Drop And Lubricants Market Outlook:

Eye diseases are a global phenomenon but regions with severe pollution and higher incidence of toxic industrial releases tend to report a comparatively higher number of ophthalmologic disorders. APAC, with densely populated economies such as China and India, is a nucleus of uncontrolled industrial waste; which has led to an influx of investments into eye care facilities. This region led the eye-drop and lubricants market in 2018 with a demand share of 33.50%.

On the basis of application, the eye-drop and lubricants market is segmented into eye diseases and eye care. The eye disease segment is the fastest growing segment due to universal growth in the frequency of eye diseases and increase in the geriatric population. The eye diseases segment, comprising of conjunctivitis, glaucoma and refractive error, is estimated to be growing at a CAGR of 4.34% going through 2025.

 

Eye-Drop And Lubricants Market Growth Drivers:

·         Rise in the number of cataract and other eye-related surgeries, that require the use of eye drops after procedure, is a major growth driver for the eye-drop and lubricants market. In addition, government initiatives such as National Programme for Control of Blindness (NPCB) is increasing awareness of the need for eye care among individuals; while easy availability of eye drops via organized pharmaceuticals’ distribution networks is adding to the voluminous trade and sales.   

 

·         The dry eye syndrome market is adding lucrative opportunities to the eye-drop and lubricants marketplace with demand rampant up for artificial tears. Artificial tears are lubricating eye drops and gels that are used to add moisture to the eye, and its market is estimated to be progressing at a CAGR of 3.6% going through 2023, consequently catapulting the major market.

  

·         The Indian government’s initiative to combat preventive blindness with its VISION 2020: The Right to Sight is a key driver of the International Agency for the Prevention of Blindness (IAPB) and World Health Organisation (WHO). Such cooperative initiatives for eliminating avoidable blindness highlight the dire need for eye care among the masses and aid associated markets.

 

·      Leading eye-care chain in India, Dr. Agarwal‘s Healthcare Ltd. (DAHCL) has raised an investment of $3,89,85,300 $38.98m from Temasek, a global investment company. The funding will be utilized to develop the brand, and purchase technologically advanced equipment for providing super specialty eye care in India. Such developments in eye-care facilities is expected to give a strong momentum to the eye-drop and lubricants market.

 

·         In 2019, Bausch + Lomb received the U.S. Food and Drug Administration (FDA) approval for its Lotemax SM ophthalmic gel 0.38%, to be used for treatment of postoperative inflammation and pain after eye surgery, including for cataract surgery. Approvals by elite and trusted organizations like FDA aids in adding a layer of authenticity to market products, which is a major factor propelling market growth.

 

Eye-Drop And Lubricants Market Challenges:

The application of artificial tears is accompanied by numerous side effects such as long-term irritation and blurred vision, which is a major challenge for the eye-drop and lubricant market. However, increasing investments into R&D are developing new products without such drawbacks. The introduction of innovative lipid emulsions and hyaluronic acid-based lubricants that are replacing artificial tears, which contain isotonic sodium chloride, is one such example.

 

Eye-Drop And Lubricants Market Players Perspective:             

Some of the key players operating in the eye-drop and lubricants market are Akorn Consumer Health (TheraTears), Allergan Plc, Johnson & Johnson, Novartis International AG (Alcon Inc.), Pfizer Inc., Prestige Consumer Healthcare, Inc., Sager Pharma Kft., ROHTO Pharmaceutical Co., Ltd., Similasan Corporation USA, and Valeant pharmaceuticals International, Inc. and Bausch + Lomb (Bausch & Lomb Incorporated).

In 2019, Akorn publicized its FDA approval for loteprednol etabonate ophthalmic suspension, a generic treatment for post-operative inflammation following ocular surgery and other inflammatory conditions.

 

Eye-Drop And Lubricants Market Research Scope:

The base year of the study is 2018, with forecast done up to 2025. The study presents a thorough analysis of the competitive landscape, taking into account the market shares of the leading companies. It also provides information on unit shipments. These provide the key market participants with the necessary business intelligence and help them understand the future of the eye-drop and lubricants market. The assessment includes the forecast, an overview of the competitive structure, the market shares of the competitors, as well as the market trends, market demands, market drivers, market challenges, and product analysis. The market drivers and restraints have been assessed to fathom their impact over the forecast period. This report further identifies the key opportunities for growth while also detailing the key challenges and possible threats. The key areas of focus include the various types of innovations in global eye-drop and lubricants market, and their specific advantages to the market.

 

The Eye-Drop And Lubricants Market report also analyzes the major geographic regions for the market as well as the major countries for the market in these regions. The regions and countries covered in the study include:

 

•           North America: The U.S., Canada, Mexico

•           South America: Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, Costa Rica

•           Europe: The U.K., Germany, Italy, France, The Netherlands, Belgium, Spain, Denmark

•           APAC: China, Japan, Australia, South Korea, India, Taiwan, Malaysia, Hong Kong

•           Middle East and Africa: Israel, South Africa, Saudi Arabia

 

Key Questions Addressed in the Eye-Drop And Lubricants Market Report

1.         Is the market for eye-drop and lubricants? How long will it continue to grow and at what rate?

2.         Which type of segment presents the major growth opportunities?

3.         Is there a possibility for change in the market structure over time? 

4.         Are additional developments needed for the existing product or services offerings or do the existing products meet the customer demands?

5.         Do the key vendors look for partnerships to expand their businesses with respect to geography or product?

6.         What are the short-term, long-term, and medium-term growth drivers for the market?

7.         What are the short-term, medium-term, and long-term challenges for the market?

8.         What are the short-term, medium-term, and long-term opportunities for the market

9.         Who are the top players/companies of the market?

10.       What are the recent innovations in the market?

11.       How many patents have been filed by the leading players?

12.       What are the types of patents filed by the leading players?

13.       What is our Vision 2030 Eye-Drop And Lubricants market?

 

A few focus points of this Research are given below:

•           Give a deep-dive analysis of the key operational strategies with focus on the corporate structure, R&D strategies, localization strategies, production capabilities, and sales performance of various companies

•           Provide an overview of the product portfolio, including product planning, development, and positioning

•           Discuss the role of technology companies in partnerships

•           Explore the regional sales activities

•           Analyze the market size and giving the forecast for current and future eye-drop and lubricants market during the forecast 2019–2025

•           Analyze the competitive factors, competitors’ market shares, product capabilities, and supply chain structures.


Reference:

 [1] https://edition.cnn.com/2016/06/30/health/americans-screen-time-nielsen/index.html

1. Eye-Drop And Lubricants Market - Overview
        1.1 Definitions and Scope
2. Eye-Drop And Lubricants Market - Executive summary
        2.1 Market Revenue, Market Size and Key Trends by Company
        2.2 Key Trends by type of Application
        2.3 Key Trends segmented by Geography
3. Eye-Drop And Lubricants Market
        3.1 Comparative analysis
            3.1.1 Product Benchmarking - Top 10 companies
            3.1.2 Top 5 Financials Analysis
            3.1.3 Market Value split by Top 10 companies
            3.1.4 Patent Analysis - Top 10 companies
            3.1.5 Pricing Analysis
4. Eye-Drop And Lubricants Market - Startup companies Scenario Premium
        4.1 Top 10 startup company Analysis by
            4.1.1 Investment
            4.1.2 Revenue
            4.1.3 Market Shares
            4.1.4 Market Size and Application Analysis
            4.1.5 Venture Capital and Funding Scenario
5. Eye-Drop And Lubricants Market - Industry Market Entry Scenario Premium
        5.1 Regulatory Framework Overview
        5.2 New Business and Ease of Doing business index
        5.3 Case studies of successful ventures
        5.4 Customer Analysis - Top 10 companies
6. Eye-Drop And Lubricants Market Forces
        6.1 Drivers
        6.2 Constraints
        6.3 Challenges
        6.4 Porters five force model
            6.4.1 Bargaining power of suppliers
            6.4.2 Bargaining powers of customers
            6.4.3 Threat of new entrants
            6.4.4 Rivalry among existing players
            6.4.5 Threat of substitutes
7. Eye-Drop And Lubricants Market -Strategic analysis
        7.1 Value chain analysis
        7.2 Opportunities analysis
        7.3 Product life cycle
        7.4 Suppliers and distributors Market Share
8. Eye-Drop And Lubricants Market - By Type (Market Size -$Million / $Billion)
        8.1 Market Size and Market Share Analysis
        8.2 Application Revenue and Trend Research
        8.3 Product Segment Analysis
            8.3.1 Antibiotic
            8.3.2 Hormone
            8.3.3 Artificial Tear
9. Eye-Drop And Lubricants Market - By Product (Market Size -$Million / $Billion)
10. Eye-Drop And Lubricants - By Application (Market Size -$Million / $Billion)
        10.1 Segment type Size and Market Share Analysis
        10.2 Application Revenue and Trends by type of Application
        10.3 Application Segment Analysis by Type
            10.3.1 Eye Disease
                 10.3.1.1 Conjunctivitis
                 10.3.1.2 Glaucoma
                 10.3.1.3 Other
                 10.3.1.4 Refractive Error
            10.3.2 Eye Care
11. Eye-Drop And Lubricants- By Geography (Market Size -$Million / $Billion)
        11.1 Eye-Drop And Lubricants Market - North America Segment Research
        11.2 North America Market Research (Million / $Billion)
            11.2.1 Segment type Size and Market Size Analysis
            11.2.2 Revenue and Trends
            11.2.3 Application Revenue and Trends by type of Application
            11.2.4 Company Revenue and Product Analysis
            11.2.5 North America Product type and Application Market Size
                  11.2.5.1 U.S
                  11.2.5.2 Canada
                  11.2.5.3 Mexico
                  11.2.5.4 Rest of North America
        11.3 Eye-Drop And Lubricants- South America Segment Research
        11.4 South America Market Research (Market Size -$Million / $Billion)
            11.4.1 Segment type Size and Market Size Analysis
            11.4.2 Revenue and Trends
            11.4.3 Application Revenue and Trends by type of Application
            11.4.4 Company Revenue and Product Analysis
            11.4.5 South America Product type and Application Market Size
                  11.4.5.1 Brazil
                  11.4.5.2 Venezuela
                  11.4.5.3 Argentina
                  11.4.5.4 Ecuador
                  11.4.5.5 Peru
                  11.4.5.6 Colombia
                  11.4.5.7 Costa Rica
                  11.4.5.8 Rest of South America
        11.5 Eye-Drop And Lubricants- Europe Segment Research
        11.6 Europe Market Research (Market Size -$Million / $Billion)
            11.6.1 Segment type Size and Market Size Analysis
            11.6.2 Revenue and Trends
            11.6.3 Application Revenue and Trends by type of Application
            11.6.4 Company Revenue and Product Analysis
            11.6.5 Europe Segment Product type and Application Market Size
                  11.6.5.1 U.K
                  11.6.5.2 Germany
                  11.6.5.3 Italy
                  11.6.5.4 France
                  11.6.5.5 Netherlands
                  11.6.5.6 Belgium
                  11.6.5.7 Denmark
                  11.6.5.8 Spain
                  11.6.5.9 Rest of Europe
        11.7 Eye-Drop And Lubricants - APAC Segment Research
        11.8 APAC Market Research (Market Size -$Million / $Billion)
            11.8.1 Segment type Size and Market Size Analysis
            11.8.2 Revenue and Trends
            11.8.3 Application Revenue and Trends by type of Application
            11.8.4 Company Revenue and Product Analysis
            11.8.5 APAC Segment - Product type and Application Market Size
                  11.8.5.1 China
                  11.8.5.2 Australia
                  11.8.5.3 Japan
                  11.8.5.4 South Korea
                  11.8.5.5 India
                  11.8.5.6 Taiwan
                  11.8.5.7 Malaysia
                  11.8.5.8 Hong kong
                  11.8.5.9 Rest of APAC
        11.9 Eye-Drop And Lubricants - Middle East Segment and Africa Segment Research
        11.10 Middle East & Africa Market Research (Market Size -$Million / $Billion)
            11.10.1 Segment type Size and Market Size Analysis
            11.10.2 Revenue and Trend Analysis
            11.10.3 Application Revenue and Trends by type of Application
            11.10.4 Company Revenue and Product Analysis
            11.10.5 Middle East Segment Product type and Application Market Size
                  11.10.5.1 Israel
                  11.10.5.2 Saudi Arabia
                  11.10.5.3 UAE
            11.10.6 Africa Segment Analysis
                  11.10.6.1 South Africa
                  11.10.6.2 Rest of Middle East & Africa
12. Eye-Drop And Lubricants Market - Entropy
        12.1 New product launches
        12.2 M&A s, collaborations, JVs and partnerships
13. Eye-Drop And Lubricants Market - Industry / Segment Competition landscape Premium
        13.1 Market Share Analysis
            13.1.1 Market Share by Country- Top companies
            13.1.2 Market Share by Region- Top 10 companies
            13.1.3 Market Share by type of Application - Top 10 companies
            13.1.4 Market Share by type of Product / Product category- Top 10 companies
            13.1.5 Market Share at global level - Top 10 companies
            13.1.6 Best Practises for companies
14. Eye-Drop And Lubricants Market - Key Company List by Country Premium
15. Eye-Drop And Lubricants Market Company Analysis
        15.1 Market Share, Company Revenue, Products, M&A, Developments
        15.2 Abbott Laboratory
        15.3 Alcon, Inc
        15.4 Allergan, Inc
        15.5 Bausch Lomb
        15.6 Clear Eye
        15.7 Johnson Johnson Service
        15.8 Rohto Pharmaceutical Co, Ltd
        15.9 Sager Pharama
        15.10 Similasan
        15.11 Thera Tear
        15.12 Company 11
        15.13 Company 12 & More
*Financials would be provided on a best efforts basis for private companies
16. Eye-Drop And Lubricants Market - Appendix
        16.1 Abbreviations
        16.2 Sources
17. Eye-Drop And Lubricants Market - Methodology
        17.1 Research Methodology
            17.1.1 Company Expert Interviews
            17.1.2 Industry Databases
            17.1.3 Associations
            17.1.4 Company News
            17.1.5 Company Annual Reports
            17.1.6 Application Trends
            17.1.7 New Products and Product database
            17.1.8 Company Transcripts
            17.1.9 R&D Trends
            17.1.10 Key Opinion Leaders Interviews
            17.1.11 Supply and Demand Trends

LIST OF TABLES

1.Global Eye-Drop And Lubricant Market , By Type Market 2019-2024 ($M)
1.1 Antibiotic Market 2019-2024 ($M) - Global Industry Research
1.2 Hormone Market 2019-2024 ($M) - Global Industry Research
1.3 Artificial Tear Market 2019-2024 ($M) - Global Industry Research
2.Global Eye-Drop And Lubricant Market , By Type Market 2019-2024 (Volume/Units)
2.1 Antibiotic Market 2019-2024 (Volume/Units) - Global Industry Research
2.2 Hormone Market 2019-2024 (Volume/Units) - Global Industry Research
2.3 Artificial Tear Market 2019-2024 (Volume/Units) - Global Industry Research
3.North America Eye-Drop And Lubricant Market , By Type Market 2019-2024 ($M)
3.1 Antibiotic Market 2019-2024 ($M) - Regional Industry Research
3.2 Hormone Market 2019-2024 ($M) - Regional Industry Research
3.3 Artificial Tear Market 2019-2024 ($M) - Regional Industry Research
4.South America Eye-Drop And Lubricant Market , By Type Market 2019-2024 ($M)
4.1 Antibiotic Market 2019-2024 ($M) - Regional Industry Research
4.2 Hormone Market 2019-2024 ($M) - Regional Industry Research
4.3 Artificial Tear Market 2019-2024 ($M) - Regional Industry Research
5.Europe Eye-Drop And Lubricant Market , By Type Market 2019-2024 ($M)
5.1 Antibiotic Market 2019-2024 ($M) - Regional Industry Research
5.2 Hormone Market 2019-2024 ($M) - Regional Industry Research
5.3 Artificial Tear Market 2019-2024 ($M) - Regional Industry Research
6.APAC Eye-Drop And Lubricant Market , By Type Market 2019-2024 ($M)
6.1 Antibiotic Market 2019-2024 ($M) - Regional Industry Research
6.2 Hormone Market 2019-2024 ($M) - Regional Industry Research
6.3 Artificial Tear Market 2019-2024 ($M) - Regional Industry Research
7.MENA Eye-Drop And Lubricant Market , By Type Market 2019-2024 ($M)
7.1 Antibiotic Market 2019-2024 ($M) - Regional Industry Research
7.2 Hormone Market 2019-2024 ($M) - Regional Industry Research
7.3 Artificial Tear Market 2019-2024 ($M) - Regional Industry Research

LIST OF FIGURES

1.US Eye-Drop And Lubricants Market Revenue, 2019-2024 ($M)
2.Canada Eye-Drop And Lubricants Market Revenue, 2019-2024 ($M)
3.Mexico Eye-Drop And Lubricants Market Revenue, 2019-2024 ($M)
4.Brazil Eye-Drop And Lubricants Market Revenue, 2019-2024 ($M)
5.Argentina Eye-Drop And Lubricants Market Revenue, 2019-2024 ($M)
6.Peru Eye-Drop And Lubricants Market Revenue, 2019-2024 ($M)
7.Colombia Eye-Drop And Lubricants Market Revenue, 2019-2024 ($M)
8.Chile Eye-Drop And Lubricants Market Revenue, 2019-2024 ($M)
9.Rest of South America Eye-Drop And Lubricants Market Revenue, 2019-2024 ($M)
10.UK Eye-Drop And Lubricants Market Revenue, 2019-2024 ($M)
11.Germany Eye-Drop And Lubricants Market Revenue, 2019-2024 ($M)
12.France Eye-Drop And Lubricants Market Revenue, 2019-2024 ($M)
13.Italy Eye-Drop And Lubricants Market Revenue, 2019-2024 ($M)
14.Spain Eye-Drop And Lubricants Market Revenue, 2019-2024 ($M)
15.Rest of Europe Eye-Drop And Lubricants Market Revenue, 2019-2024 ($M)
16.China Eye-Drop And Lubricants Market Revenue, 2019-2024 ($M)
17.India Eye-Drop And Lubricants Market Revenue, 2019-2024 ($M)
18.Japan Eye-Drop And Lubricants Market Revenue, 2019-2024 ($M)
19.South Korea Eye-Drop And Lubricants Market Revenue, 2019-2024 ($M)
20.South Africa Eye-Drop And Lubricants Market Revenue, 2019-2024 ($M)
21.North America Eye-Drop And Lubricants By Application
22.South America Eye-Drop And Lubricants By Application
23.Europe Eye-Drop And Lubricants By Application
24.APAC Eye-Drop And Lubricants By Application
25.MENA Eye-Drop And Lubricants By Application
26.Bausch Lomb, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Abbott Laboratory, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Clear Eye, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Sager Pharama, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Alcon, Inc, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.Allergan, Inc, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Rohto Pharmaceutical Co, Ltd, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Similasan, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.Thera Tear, Sales /Revenue, 2015-2018 ($Mn/$Bn)
35.Johnson Johnson Service, Sales /Revenue, 2015-2018 ($Mn/$Bn)