The global artificial tears market is anticipated to grow at a considerable CAGR of 4.7% during the forecast period (2022-2028). The increasing usage of contact lenses during the forecast period is driving the growth of the artificial tears market globally. The increased demand for contact lens moisture made many big giants introduce innovative products in the market which supports the growth of the artificial tears market globally during the forecast period. For instance, VISTAKON Division of Johnson & Johnson Vision Care, Inc., launched 1-DAY ACUVUE MOIST Brand Contact Lenses for ASTIGMATISM, a new daily disposable soft toric contact lens for individuals with astigmatism, a common vision problem that affects how the eye focuses light.
Browse the full report description of “Global Artificial Tears Market Size, Share & Trends Analysis Report, by Type (Cellulose Derived, Glycerine Derived, Oil Based Emulsion Tears, and Polyethylene Glycol and Propylene Glycol-Based Tears), by Delivery Method (Eye Drops, Ointments), by Application (Dry Eyes Treatment, Contact Lenses Moisture) Forecast Period (2022-2028)” at https://www.omrglobal.com/industry-reports/artificial-tears-market
Moreover, in August 2021, Alcon announced the launch of TOTAL30, the first-and-only monthly replacement, for the Water Gradient lens. Using Alcon’s proprietary Water Gradient material first introduced with DAILIES TOTAL contact lenses, TOTAL30 delivers a premium wearing experience for reusable contact lens wearers. Reusable lenses account for an estimated 45% of the $9 billion global contact lens market.
Market Coverage
• The market number available for – 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
o By Type
o Delivery Method
o Application
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape – Bausch Health Companies Inc., Bayer AG, Johnson & Johnson Services, Inc., Merck & Co., Inc., and Teva Pharmaceuticals Industries, Ltd.
Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and +region will project the fastest growth in the market?
• How COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How are players addressing challenges to sustain growth?
• Where is the investment opportunity?
Global Artificial Tears Market Report Segment
By Type
• Cellulose Derived
• Glycerine Derived
• Oil-Based Emulsion Tears
• Polyethylene Glycol And Propylene Glycol-Based Tears
By Delivery Method
• Eye Drops
• Ointments
By Application
• Dry Eyes Treatment
• Contact Lenses Moisture
Global Artificial Tears Market Report Segment by Region
North America
• US
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
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