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The Dry Eye Syndrome Treatment Market is expected to grow on an unabashed note in the next decade. With a worldwide shortage of healthcare staff, the healthcare IT solutions comprising web-based staffing platforms are doing the rounds. The future scenario wonu2019t be any different. These platforms would show the gaps, i.e. actual dearth of healthcare personnel like nurseu2019s doctors, technicians, lab workers, and clinicians, which would help the entire healthcare vertical to take measures to bridge the gap between demand and supply. This would be an important development in the healthcare industry
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The Dry Eye Syndrome Treatment Market to Get Accelerated by Bio printing The Dry Eye Syndrome Treatment Market is expected to grow on an unabashed note in the next decade. With a worldwide shortage of healthcare staff, the healthcare IT solutions comprising web-based staffing platforms are doing the rounds. The future scenario won’t be any different. These platforms would show the gaps, i.e. actual dearth of healthcare personnel like nurse’s doctors, technicians, lab workers, and clinicians, which would help the entire healthcare vertical to take measures to bridge the gap between demand and supply. This would be an important development in the healthcare industry going forward. Dry eye syndrome results in irritated and burning eyes due to lack of tear production and moisturization. Meibomian Gland Dysfunction has more prevalence among the geriatric population. The market consists of several products used in therapeutics, such as cyclosporine, topical corticosteroids, punctal plugs, omega supplements, and the especially popular artificial tears. Fast approval and launch of products used for dry eye treatment is expected to drive market growth in future. Several key market players are focused on collaborative product development, innovation, and expansion of product portfolio. For instance, in October 2020, Santen Pharmaceutical and Orbis International announced their long-term collaboration for ten years to contribute toward the increasing burden of eye diseases in low- and middle-income countries. Get Sample Copy of Report @ https://www.persistencemarketresearch.com/samples/32300 Rapidly increasing number of eye care centers due to rising focus on primary eye care is expected to propel dry eye syndrome treatment market growth. Increasing number of LASIK surgeries, which is one of the major causes leading to dry eyes, is estimated to further drive market growth over the coming years. The global dry eye syndrome treatment market is estimated to be valued at over US$ 4.2 Bn in 2020, and is expected to exhibit an impressive CAGR of 7% over the forecast period (2020-2030). Companies covered in Dry Eye Syndrome Treatment Market Report Allergan Plc. Novartis AG Otsuka Pharmaceutical Co.,Ltd. Santen Pharmaceutical Co Ltd. Bausch Health Companies Inc. Akorn, Inc. Johnson & Johnson, Inc. Thea Pharmaceuticals Limited OASIS Medical Altaire Pharmaceuticals Inc. Boiron USA Similasan Corporation
Scope Ophthalmics Ltd. Reckitt Benckiser Group PLC Medicom Healthcare Ltd FDC Limited. Lupin Limited Jamjoom Pharmaceuticals Co. Sentiss Pharma Private limited Get To Know Methodology of Report @ https://www.persistencemarketresearch.com/methodology/32300 Key Takeaways from Market Study The artificial tears segment, by product, is estimated to generate the highest revenue share over the coming years, estimated to be valued at US$ 5 Bn by 2030, at an expected CAGR of over 7%. COVID-19 has had a negative impact on the dry eye syndrome treatment market due to large-scale closures of manufacturing units and disruption in supply chain activities. Decreased hospital visits and focus on the pandemic further hurt market growth in 2020. However, long-term prospects look bright through 2030.
Among the prescriptions, Rx is expected to dominate the market with more than 70% revenue share, with increasing number of eye care centers and rising treatment adoption rate for dry eyes. Among all distribution channels, retail pharmacies is the leading segment, followed by hospital pharmacies. Retail pharmacies are anticipated to grow at a CAGR of around 7% over the forecast period, owing to rise in the number of retail pharmacies and improving supply chain activities. North America and Europe are leading regions in the global dry eye syndrome treatment market, with a revenue share of around 70%. The market in the U.S. and Germany is projected to expand at a CAGR of around 7% through 2030. The market in Japan is slated to progress at a steady CAGR of over 6% over the next ten years. “Rising diagnosis and treatment adoption has led to increasing product innovation and development, contributing to market. Developing and under-developed countries with high prevalence of dry eye syndrome and lower product adoption will create several opportunities for leading market players,”says a Persistence Market Research analyst. Access Full Report @ https://www.persistencemarketresearch.com/checkout/32300 Product Innovation & Development – Key Strategy for Market Players Approvals by the U.S. FDA for dry eye syndrome treatment products are expected to push the market toward high competition. Leading companies are focusing on advanced product development with high efficacy and ease of use. For instance, in June 2020, I-MED Pharma Inc. announced the launch of “I-DEFENCE”, an ointment for the moisturising and protection of the ocular surface, in Canada. Key Participant Insights The global market is set to broaden its scope over the forecast period, stimulated by high prevalence of dry eye syndrome, rising geriatric population, and increasing adoption of advanced dry eye syndrome treatment products that can be used for long-term care needs. Moreover, strategic collaborations and acquisitions by key manufacturers are leading to the expansion of the market. Key market players covered in the study include Allergan Plc., Novartis AG, Otsuka Pharmaceutical Co. Ltd., Santen Pharmaceutical Co. Ltd., Bausch Health Companies, Inc., Akorn, Inc., Johnson & Johnson, Inc., Thea Pharmaceuticals Limited, OASIS Medical, Altaire Pharmaceutical Inc., Boison USA, Similasan Corporation, Scope Ophthalmic Ltd., Reckitt Benckiser Group Plc, Medicom Healthcare Ltd., FDC Limited, Lupin Limited, Jamjoom Pharmaceuticals Co., and Sentiss Pharma Private Limited, who are consolidating their positions through mergers, acquisitions and new product launches. What else is in the report? Persistence Market Research brings a comprehensive research report on forecast revenue growth at global, regional, and country levels, and provides an analysis of the latest industry trends in each of the sub-segments from 2015 to 2030. The global dry eye syndrome treatment market is segmented in detail to cover every aspect of the market, and present a
complete market intelligence approach to the reader. The study provides compelling insights on the basis of product (cyclosporine, topical corticosteroids, artificial tears, punctal plugs [removable and dissolvable], omega supplements, and others [osteoporosis and others), prescription (Rx, OTC, and medical devices), and distribution channel (hospital pharmacies, eye health clinics, retail pharmacies, and online pharmacies), across seven major regions of the world. About Us: Persistence Market Research Contact Us: Persistence Market Research USA Address – 305 Broadway, 7th Floor, New York City, NY 10007 United States U.S. Ph. – +1-646-568-7751 USA-Canada Toll-free – +1 800-961-0353 Sales– sales@persistencemarketresearch.com Website– https://www.persistencemarketresearch.com