Artificial Tears Market in 10MM – Market Outlook, Unmet Needs, Market Assessment & Forecast (2023-2030)

Artificial Tears Market – Report Overview

Pacific Business Consulting’s “Artificial Tears Market in 10MM – Market Outlook, Unmet Needs, Market Assessment & Forecast (2023-2030)” report offers a comprehensive understanding of Artificial Tears market, encompassing historical and projected market size data, along with market trends, market drivers, market barriers and unmet medical needs in the Ten Major Markets (10MM) of the United States, Germany, Spain, Italy, France, the United Kingdom, Japan, China, Australia, and India.

In 2022, the Artificial Tears market exceeded a valuation of over US$ 3.2 Billion, and it is poised for substantial growth, with a projected Compound Annual Growth Rate (CAGR) exceeding 5.0% from 2023 to 2030. The market is expected to potentially surpass US$ 5.0 Billion by 2030.

Artificial tears eye drops play a crucial role in maintaining moisture in the outer layer of the eyes. The market for artificial tears has seen substantial growth due to the rising demand for lubricating eye products in ophthalmic therapy, driven by an increasing number of people experiencing dry eye syndrome. This growing prevalence presents promising opportunities for the artificial tears market.

Artificial tears find application not only in ophthalmic therapy but also in moistening contact lenses, eye examinations, and routine eye check-ups. The market is expanding, supported by the increased use of artificial tears in eye-related conditions and post-eye surgeries. Government initiatives and growing awareness about dry eye syndrome are expected to generate significant opportunities for the artificial tears market.

The demand for artificial tears is further fueled by factors such as the increasing use of contact lenses, which may lead to reduced moisture in the eyes, necessitating the use of lubricating agents like artificial tears. Prolonged exposure to chronic conjunctivitis, air travel, digital device usage, poor eyelid health, eye injuries, inadequate diet, malnutrition, rising pollution levels, dry weather conditions, and drastic climate changes contribute to the growing figures of dry eye syndrome, driving the demand for artificial tears.

Moreover, the market is witnessing growth due to the increasing demand for preservative-free artificial tears, advanced care for post-surgery dry eyes, technological advancements, the rise in smartphone and digital device usage, and the growing number of people using contact lenses. Product launches and approvals also play a role in the overall expansion of the artificial tears market during the forecast period from 2023-2030.

Government initiatives and awareness programs about dry eye syndrome, coupled with the rising incidence of the disease and the aging population, contribute to the exponential growth of the artificial tears market. However, challenges such as safety concerns, risk of contamination, adverse reactions to preservatives, and potential side effects like eye irritation, pain, blurred vision, redness, and foreign body sensation pose constraints to market expansion. Additionally, the development of alternative drugs for reducing dry eye syndrome irritation may limit the demand for artificial tears, affecting market growth.

Leading players in the Artificial Tears segment, including Alcon Inc., Sun Pharmaceutical Industries, Inc., AFT Pharmaceuticals, Akorn Operating Company LLC, Hilco Vision, Entod Research Cell UK Ltd., Oasis Medical, Inc., Santen Pharmaceutical Co., Ltd., Bausch & Lomb, AbbVie, Johnson & Johnson Vision Care, Abbott, Medicom Healthcare Ltd., and Similasan Corporation, are expected to play a crucial role in shaping the future landscape of Artificial Tears technologies through ongoing innovation.

Scope of Report

The report addresses critical subjects such as strategic competitor evaluation, market characterization, unmet needs, and the consequences of these elements for the Artificial Tears market. It also delves into the analysis of present and prospective market competition within the global Artificial Tears market.

Furthermore, the report offers an insightful examination of the primary industry drivers, constraints, and challenges. Each trend undergoes independent research to furnish qualitative analysis regarding its implications.

Reasons to Buy

• Develop your business strategies by gaining insights into the trends that shape and drive the Artificial Tears market across the 10MM (Ten Major Markets).
• Increase revenue by comprehending key trends, innovative products and technologies, market segments, and companies poised to influence the future of the 10MM Artificial Tears market.
• Craft effective sales and marketing strategies by thoroughly understanding the competitive landscape and analyzing the performance of various competitors.
• Identify emerging players with potentially robust product portfolios and devise strategic counter-strategies to gain a competitive advantage.
• Optimize your sales and marketing efforts by pinpointing market categories and segments that offer the greatest opportunities for consolidations, investments, and strategic partnerships.

1. Executive Summary: Artificial Tears
   • Global Market Outlook: Artificial Tears
2. Competitive Intelligence Analysis: Artificial Tears
3. Therapeutic Sector SWOT
4. Technology Roadmap Analysis: Artificial Tears
5. Market Background
   • Drivers
   • Restraints
   • Opportunity
   • Key Market Trends
   • Key Unmet Needs
6. Key Marketed Products Profile – Major Approved Products: Artificial Tears
   • Product Profile
   • Safety and Efficacy
7. Regulatory Landscape
8. Artificial Tears: Ten Major Market (10MM) – Market Analysis, By Product
   • Glycerine Tears
   • Cellulose Tears
   • Sodium Hyaluronate Based Artificial Tears
   • Oil-based Emulsion Tears
   • Polyethylene Glycol-based Tears
   • Propylene Glycol-based Tears
9. Artificial Tears: Ten Major Market (10MM) – Market Analysis, By Application
   • Dry Eye Syndrome
   • Allergies & Infections
   • Contact Lens Moisture Retention
   • Other Applications
10. Artificial Tears: Ten Major Market (10MM) – Market Analysis, By Distribution Channel
    • Hospitals Pharmacies
    • Retail Pharmacies & Drug Stores
    • Online Channels
11. Artificial Tears: Ten Major Market (10MM) – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product
      • By Application
      • By Distribution Channel
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product
      • By Application
      • By Distribution Channel

12. S. Artificial Tears – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product
      • By Application
      • By Distribution Channel
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product
      • By Application
      • By Distribution Channel

13. K. Artificial Tears – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product
      • By Application
      • By Distribution Channel
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product
      • By Application
      • By Distribution Channel

14. Germany Artificial Tears – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product
      • By Application
      • By Distribution Channel
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product
      • By Application
      • By Distribution Channel

15. France Artificial Tears – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product
      • By Application
      • By Distribution Channel
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product
      • By Application
      • By Distribution Channel

16. Italy Artificial Tears – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product
      • By Application
      • By Distribution Channel
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product
      • By Application
      • By Distribution Channel

17. Spain Artificial Tears – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product
      • By Application
      • By Distribution Channel
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product
      • By Application
      • By Distribution Channel

18. Japan Artificial Tears – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product
      • By Application
      • By Distribution Channel
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product
      • By Application
      • By Distribution Channel

19. China Artificial Tears – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product
      • By Application
      • By Distribution Channel
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product
      • By Application
      • By Distribution Channel

20. Australia Artificial Tears – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product
      • By Application
      • By Distribution Channel
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product
      • By Application
      • By Distribution Channel

21. India Artificial Tears – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product
      • By Application
      • By Distribution Channel
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product
      • By Application
      • By Distribution Channel

22. Competitive Landscape
    • Company Overview
    • Product Portfolio
    • Key Financials
    • Sales Footprint

Note – All Major Company Profiles (Count up to 20) will be covered in the report

23. Assumptions and Acronyms Used
24. Research Methodology
    • Secondary Research
    • Primary Research
    • Data Triangulation
25. Geographic Scope
    • The U.S., The U.K., Germany, France, Italy, Spain, Japan, China, Australia, and India
26. Copyrights and Disclaimer