Reports and Data presents an investigative report titled Global Artificial Tears Market that offers key insights into market scope, potential growth opportunities, and growth prospects through an extensive analysis of the Artificial Tears market. The study offers accurate estimation and projections for the market value and demands of the industry during the forecast period of 2021-2028. The report is formulated through stringent primary and secondary research with data further validated and verified by industry experts and professionals. It also offers an extensive analysis of the competition landscape along with industry-wide analysis of the market share of each players along with their business portfolio.
Leading companies operating in the market and profiled in the report include:
Allergan plc, Ocusoft Inc., Alcon Inc., Novartis International AG, Johnson & Johnson, Abbott Medical Optics Inc., Santen Pharmaceuticals, Bausch & Lomb, McNEIL-PPC, Inc., Carl Zeiss AG, Advanced Vision Research, Inc., Akron Inc., Novartis International AG, and Aura lab Ltd.
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The pharma & healthcare sectors has been rapidly growing over the last few decades. Technological advancements in healthcare sector, emergence of various diseases, COVID-19 outbreak are key factors boosting global market revenue growth. Growing need to develop new drugs and medical devices to cater to emerging diseases, high investments in research and development activities, and improvements in healthcare infrastructure and facilities is expected to fuel global market growth over the forecast period. In addition, adoption of AI in various healthcare application, funding from various private and public organizations to boost research activities in pharmaceutical and biotechnology sector and vaccine production during the current pandemic situation is also expected to boost market growth.
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Dominant key players in the market are adopting various strategies like mergers and acquisition, partnerships, collaborations, joint ventures and product launches to gain a robust footing in the market. Growing demand for various medical products, increasing adoption of home-care settings, point-of-care diagnosis, high demand for vaccines and medication for controlling COVID-19 is expected to benefit the key companies throughout the forecast period.
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Global Market Segmentation:
Based on Product Type:
- Cellulose-derived Tears
- Glycerin-derived Tears
- Oil-based Emulsion Tears
- Polyethylene Glycol
- Propylene Glycol-based Tears
Based on Delivery Method:
- Eye Drops
Based on Application:
- Dry Eyes Treatment
- Contact Lenses Moisture
The global Artificial Tears market is broadly divided into 5 major regions, viz. North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of APAC
- Latin America
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of MEA
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