Eye Care Products Market
Global Eye Care Product Market Size, Share & Trends Analysis Report by Product Type (Ointments, Artificial tear drops, Eye washes, Eye Scrubs, Antihistamines, Infini cils), By Product Form (Cream, Gel, Serum, Solutions, Tablets), By Distribution Channel (Retail Pharmacy, Online Pharmacy, Hospital Pharmacy) Forecast 2022-2028 Update Available - Forecast 2024-2030
The global eyecare product market is anticipated to grow at a considerable CAGR of 4.6%. The factor which can be seen as a driving pull to the growing demand for eye care product market is rising pollution in the atmosphere. The automotive sector is increasing at a considerable rate thereby leading to more demand of four-wheelers and two-wheelers. They are resulting in more atmospheric pollution in our ecosystem. Wastes discarded by chimneys of factories and working units are also leading to a rise in pollution. This is causing many eye disorders such as allergy, eye infection, decrease in vision, etc. Factory wastes are released into water bodies which contaminate them. This water if not processed properly will cause body problems when used. The eye is a very delicate part of our body that comes in direct contact with any kind of pollution. This is making an increase in the global eye care product market as people are facing more eye issues. For instance, in Jan 2022, Thea SAS, which is Europe’s leading pharmaceutical company announced to purchase from Akorn operating company seven ophthalmic products. Akorn manufactures products that are used for treating many eye diseases such as Glaucoma.
Impact of COVID-19 on Global Eyecare product Market
Covid-19 Pandemic has affected every sector of the world in some way. The eye care products market was affected for a short period as there was nationwide lockdown in almost all countries. This resulted in trade restrictions which led to a decrease in the supply of eye care products. Retail stores were closed due to lockdown which led to a decrease in sales of these eye care product.
Segmental Outlook
The global eyecare product market is segmented based on product type, product form, distribution channel. Based on product type, the market is sub-segmented into Ointments, Artificial tear drops, Eyewashes, Eye Scrubs, Antihistamines, Infini cils. Based on the product form, the market is sub-segmented into cream, gel, serum, solutions, and tablets. Based on distribution channels, the market is sub-segmented into retail pharmacy, online pharmacy, hospital pharmacy.
Global Eye Care Product Market Share by Product Type, 2021 (%)
Artificial Tear Drop is Anticipated to Hold a Prominent Share in the Global Eye Care Product Market
Artificial tear drop is anticipated to hold a prominent market share in the global Eye care product market during the forecast period as dry eye is majorly seen as an eye problem in a prominent chunk of the population. This problem has grown more in recent years and will grow more in the coming years. People are suffering from this problem as there has been a consistent rise in the use of laptops, tablets, and smartphones in which people continuously stare at screens. Their screen time has increased. This is developing dryness in the eyes. For instance, in May 2021, as per future market insights, there has been a high rise in demand for the ophthalmic eye drop market in 2021 as cases of post operative eye infections are increasing. Cases of glaucoma and cataract are also increasing the sales.
Regional Outlooks
The global eyecare product market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East &Africa, and Latin America). Europe is anticipated to lead the Eye care product market during the forecast period. Growth factors are increasing cases of eye problems such as dry eyes, glaucoma, and cataract.
Global Eye care product Market Growth, by Region 2022-2028
Europe is Estimated to Hold the Major Share in the Global Eye care product Market
Geographically, it is anticipated that the major share of the market will be taken by Europe and this region will lead during the forecast period. A major factor for the regional growth is attributed to the increasing cases of eye problems such as dry eyes, glaucoma, etc. An increase in cases of myopia and hypermetropia are reasons for the growth of the eye care product market in Europe. Advance treatment options that are being developed are helping to cure these problems. For instance, in May 2021, Prestige Consumer Heathcare Inc. announced that it has prepared an agreement to acquire pharmaceutical company akorn operating company LLC which manufactures eye care products. It has a product baseline that specializes in dry eye segments.
Market Players Outlook
The major companies serving the global eyecare product market include Bausch and Lomb, Clear Eyes, It’s Skin, Alcon, Allergen, and others. The market players are working in a consistent way to provide their consumers with effective eye care segment products. And for this, they are adopting different market strategies such as mergers and acquisitions, new product launches, business expansion, partnership collaboration, and others. For instance, in Jan 2022, Sun Pharmaceuticals subsidiary body in Canada which is Sun Pharmaceuticals Canada Inc. has launched a new treatment for the dry eyes problem in Canada. Treatment is named Cequa. With this launch, the company has expanded into an ophthalmics portfolio in Canada which will be beneficial for people in that region.
The Report Covers
- Market value data analysis of 2020 and forecast to 2027.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global Eyecare product market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
• Impact of COVID-19 on The Global Eye care product Market
• Recovery Scenario of Global Eye care product Market
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. BY Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Allergan, Inc
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.1.4. Recent Developments
3.2. Accutome Inc
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Developments
3.3. Prestige Brands, Inc.
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
3.4. Bausch & Lomb Inc.
3.4.1. Overview
3.4.2. Financial Analysis
3.4.3. SWOT Analysis
3.4.4. Recent Developments
3.5. Novartis AG,
3.5.1. Overview
3.5.2. Financial Analysis
3.5.3. SWOT Analysis
3.5.4. Recent Developments
3.6. Key Strategy Analysis
3.7. Impact of Covid-19 on Key Players
4. Market Segmentation
4.1. Global Eye Care products Market by Product Type
4.1.1. Ointments
4.1.2. Artificial Tear Drops
4.1.3. Eye washes
4.1.4. Eye Scrubs
4.1.5. Antihistamines
4.1.6. Infini Cils
4.2. Global Eye Care products Market by Product Form
4.2.1. Cream
4.2.2. Gel
4.2.3. Serum
4.2.4. Solutions
4.2.5. Tablets
4.3. Global Eye Care Products Market by Distribution Channel
4.3.1. Retail Pharmacy
4.3.2. Online Pharmacy
4.3.3. Hospital Pharmacy
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. Accutome, Inc.
6.2. Akorn Operating company LLC
6.3. Cipla Ltd.
6.4. Croda International Plc
6.5. Johnson and Johnson Vision Care, Inc.
6.6. Novartis Healthcare Pvt.Ltd.
6.7. Precision Lens
6.8. Prestige Consumer Healthcare Inc.
6.9. Scope Opthalmics Ltd.
6.10. VISUfarma
1. GLOBAL EYE CARE PRODUCT MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2021-2028 ($ MILLION)
2. GLOBAL EYE CARE OINTMENTS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3. GLOBAL EYE CARE ARTIFICIAL TEAR DROPS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
4. GLOBAL EYE CARE WASHES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
5. GLOBAL EYE CARE ANTIHISTAMINES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
6. GLOBAL EYE CARE INFINI CILS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
7. GLOBAL EYE CARE PRODUCT MARKET RESEARCH AND ANALYSIS BY PRODUCT FORM, 2021-2028 ($ MILLION)
8. GLOBAL EYE CARE CREAM PRODUCT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
9. GLOBAL EYE CARE GEL PRODUCT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
10. GLOBAL EYE CARE SERUM PRODUCT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
11. GLOBAL EYE CARE SOLUTIONS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
12. GLOBAL EYE CARE TABLETS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
13. GLOBAL EYE CARE PRODUCT MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2021-2028 ($ MILLION)
14. GLOBAL EYE CARE PRODUCT BY RETAIL PHARMACY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
15. GLOBAL EYE CARE PRODUCT BY ONLINE PHARMACY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
16. GLOBAL EYE CARE PRODUCT BY HOSPITAL PHARMACY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
17. NORTH AMERICAN EYE CARE PRODUCT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
18. NORTH AMERICAN EYE CARE PRODUCT MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2021-2028 ($ MILLION)
19. NORTH AMERICAN EYE CARE PRODUCT MARKET RESEARCH AND ANALYSIS BY PRODUCT FORM, 2021-2028 ($ MILLION)
20. NORTH AMERICAN EYE CARE PRODUCT MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2021-2028 ($ MILLION)
21. NORTH AMERICAN EYE CARE PRODUCT MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
22. EUROPEAN EYE CARE PRODUCT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
23. EUROPEAN EYE CARE PRODUCT MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2021-2028 ($ MILLION)
24. EUROPEAN EYE CARE PRODUCT MARKET RESEARCH AND ANALYSIS BY PRODUCT FORM, 2021-2028 ($ MILLION)
25. EUROPEAN EYE CARE PRODUCT MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2021-2028 ($ MILLION)
26. EUROPEAN EYE CARE PRODUCT MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
27. ASIA-PACIFIC EYE CARE PRODUCT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
28. ASIA-PACIFIC EYE CARE PRODUCT MARKET RESEARCH AND ANALYSIS PRODUCT TYPE, 2021-2028 ($ MILLION)
29. ASIA-PACIFIC EYE CARE PRODUCT MARKET RESEARCH AND ANALYSIS BY PRODUCT FORM, 2021-2028 ($ MILLION)
30. ASIA-PACIFIC EYE CARE PRODUCT MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2021-2028 ($ MILLION)
31. ASIA-PACIFIC EYE CARE PRODUCT MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
32. REST OF THE WORLD EYE CARE PRODUCT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
33. REST OF THE WORLD EYE CARE PRODUCT MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2021-2028 ($ MILLION)
34. REST OF THE WORLD EYE CARE PRODUCT MARKET RESEARCH AND ANALYSIS BY PRODUCT FORM, 2021-2028 ($ MILLION)
35. REST OF THE WORLD EYE CARE PRODUCT MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2021-2028 ($ MILLION)
36. REST OF THE WORLD EYE CARE PRODUCT MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
1. IMPACT OF COVID-19 ON GLOBAL EYE CARE PRODUCT MARKET, 2021-2028 ($ MILLION)
2. IMPACT OF COVID-19 ON GLOBAL EYE CARE PRODUCT MARKET BY SEGMENT, 2021-2028 ($ MILLION)
3. RECOVERY OF GLOBAL EYE CARE PRODUCT MARKET, 2021-2027 (%)
4. GLOBAL EYE CARE PRODUCT MARKET SHARE BY PRODUCT TYPE, 2021 VS 2028 (%)
5. GLOBAL EYE CARE PRODUCT MARKET SHARE BY PRODUCT FORM, 2021 VS 2028 (%)
6. GLOBAL EYE CARE PRODUCT MARKET SHARE BY DISTRIBUTION CHANNEL, 2021 VS 2028 (%)
7. GLOBAL EYE CARE PRODUCT MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
8. GLOBAL EYE CARE OINTMENTS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
9. GLOBAL EYE CARE ARTIFICIAL TEAR DROPS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
10. GLOBAL EYE CARE WASHES MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
11. GLOBAL EYE CARE ANTIHISTAMINES MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
12. GLOBAL EYE CARE INFINI CILS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
13. GLOBAL EYE CARE PRODUCT MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
14. GLOBAL EYE CARE CREAM PRODUCT MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
15. GLOBAL EYE CARE GEL PRODUCT MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
16. GLOBAL EYE CARE SERUM PRODUCT MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
17. GLOBAL EYE CARE SOLUTIONS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
18. GLOBAL EYE CARE TABLETS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
19. GLOBAL EYE CARE PRODUCT MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
20. GLOBAL EYE CARE PRODUCT BY RETAIL PHARMACY MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
21. GLOBAL EYE CARE PRODUCT BY ONLINE PHARMACY MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
22. GLOBAL EYE CARE PRODUCT BY HOSPITAL PHARMACY MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
23. US EYE CARE PRODUCT MARKET SIZE, 2021-2028 ($ MILLION)
24. CANADA EYE CARE PRODUCT MARKET SIZE, 2021-2028 ($ MILLION)
25. UK EYE CARE PRODUCT MARKET SIZE, 2021-2028 ($ MILLION)
26. FRANCE EYE CARE PRODUCT MARKET SIZE, 2021-2028 ($ MILLION)
27. GERMANY EYE CARE PRODUCT MARKET SIZE, 2021-2028 ($ MILLION)
28. ITALY EYE CARE PRODUCT MARKET SIZE, 2021-2028 ($ MILLION)
29. SPAIN EYE CARE PRODUCT MARKET SIZE, 2021-2028 ($ MILLION)
30. REST OF EUROPE EYE CARE PRODUCT MARKET SIZE, 2021-2028 ($ MILLION)
31. INDIA EYE CARE PRODUCT MARKET SIZE, 2021-2028 ($ MILLION)
32. CHINA EYE CARE PRODUCT MARKET SIZE, 2021-2028 ($ MILLION)
33. JAPAN EYE CARE PRODUCT MARKET SIZE, 2021-2028 ($ MILLION)
34. SOUTH KOREA EYE CARE PRODUCT MARKET SIZE, 2021-2028 ($ MILLION)
35. REST OF ASIA-PACIFIC EYE CARE PRODUCT MARKET SIZE, 2021-2028 ($ MILLION)
36. REST OF THE WORLD EYE CARE PRODUCT MARKET SIZE, 2021-2028 ($ MILLION)
