Dry Eye Disease Diagnostics & Treatment Market: Grow with a High CAGR- Global Industry Analysis, Market Size, Key Manufacturers, Trends, Size, and Forecast: 2022-2031

“The report on Dry Eye Disease Diagnostics & Treatment Market was recently published by SDKI, which includes the latest market trends, current and future opportunities along with the factors that are driving the growth of the market. This report further encompasses the records for the expansion of the market along with information on the investment opportunities that help the clients to take positive decisions on the parameters for gaining profitable revenues. Moreover, the report also contains identification and investigation of the market structure, in-depth qualitative analysis, restraints & challenges, growth drivers, emerging product trends & market opportunities and Porter’s five forces.

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Dry Eye Disease Diagnostics & Treatment Market: Overview

  • Dry eye is a disorder of the tear film due to tear deficiency or excessive evaporation, which causes damage to the interpalpebral ocular surface and is associated with symptoms of ocular discomfort
  • Different diagnostic tests are performed for diagnosis of dry eye disease such as Schirmer’s test, corneal staining, and tear osmolarity. Treatment options for dry eye include artificial tears, anti-inflammatory drugs, and secretagogue.
  • Diagnostic tests for dry eye disease include tests, which generally measure three components for diagnosis: subjective symptoms, tear function, and vital staining test
  • Several diagnostic tests have been developed such as Schirmer’s test, corneal staining, tear break-up time (TBUT), tear osmolarity, tear stability analysis, and OCT
  • Treatment for dry eye disease consist of medications such as cyclosporine, anti-inflammatory drugs, artificial tear, and secreatagogue. Punctal plugs and eye inserts are also used to treat dry eye disease.
  • Treatment aims to lubricate eye, reduce inflammation of tear glands, eye linings, avoid withdrawal or drainage of tears, and increase mucin production to support tear film adhesion

Dry Eye Disease Diagnostics & Treatment: Market Drivers

  • Rise in prevalence and incidence rate of dry eye disease and increase in geriatric population are the major factors boosting the growth of the global dry eye disease diagnostics & treatment market
  • An article published in the American Journal of Ophthalmology stated that the estimated prevalence of dry eye disease was 5.28% in the U.S. between 2003 and 2015
  • Technical advancements in diagnostic tools and promising pipeline products for treatment, adverse effects of rising pollution levels, and increase in the use of electronics are the other factors fuelling the growth of the global dry eye disease diagnostics & treatment market
  • Moreover, rise in the number of laser in-situ keratomileusis (LASIK) surgeries contributes to the growth of the global dry eye disease diagnostics & treatment market

Market Segmentation: Dry Eye Disease Diagnostics & Treatment Market

  • In terms of type, the global dry eye disease diagnostics & treatment market has been bifurcated into diagnostic test and treatment
  • The diagnostic test segment has been split into Schirmer’s test, corneal staining, tear break-up time (TBUT), optical coherence topography (OCT), tear film stability analysis, tear osmolarity, and others
  • The treatment segment has been segregated into artificial tears, anti-inflammatory, punctual plugs, secretagogue, and others
  • The anti-inflammatory sub-segment has been divided into cyclosporine, corticosteroids, and others
  • Based on disease, the global dry eye disease diagnostics & treatment market has been classified into evaporative dry eye syndrome and aqueous dry eye syndrome
  • Each of the dry eye disease diagnostics & treatment market segments has been analyzed in detail for market trends, recent trends and developments, drivers, restraints, opportunities, and useful insights
  • The dry eye disease diagnostics & treatment market report provides current and future revenues (US$ Mn) for each the segments for the period from 2018 to 2030, considering 2019 as the base year. The compound annual growth rate (% CAGR) has been provided for each segment and market from 2020 to 2030, along with market size estimations.

Regional Overview: Dry Eye Disease Diagnostics & Treatment Market

  • In terms of region, the global dry eye disease diagnostics & treatment market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The regions have been divided into major countries and sub-regions.
  • North America dominated the global dry eye disease diagnostics & treatment market in 2019 and the trend is projected to continue during the forecast period
  • The current and future dry eye disease diagnostics & treatment market sizes in terms of revenue (US$ Mn) of these regional markets and their major countries have been provided in the report for the period from 2018 to 2030, along with their CAGRs for the period from 2020 to 2030
  • The study also offers a list of recommendations, highlights, and useful insights of the market, which would help new companies willing to enter the market and existing companies to increase market shares and help in the decision-making process

Dry Eye Disease Diagnostics & Treatment Market: Major Players

  • The dry eye disease diagnostics & treatment market report concludes with the company profiles section that includes key information about the major players in the market
  • Key players analyzed in the dry eye disease diagnostics & treatment market report are 
    • Novartis AG
    • Allergan plc
    • OASIS Medical
    • Santen Pharmaceutical Co., Ltd.
    • Johnson & Johnson
    • Otsuka Pharmaceutical Co., Ltd.
    • Sentiss Pharma Pvt. Ltd.
    • Tomey Corporation
    • Carl Zeiss Meditec AG
    • TearLab Corporation
    • Bausch Health Companies, Inc.
    • RegeneRx (ReGenTree, LLC)
  • Each of these players has been profiled in the global dry eye disease diagnostics & treatment market report based on parameters such as company overview, financial overview, business strategies, product portfolio, business segments, and recent developments

Dry Eye Disease Diagnostics & Treatment Market – Scope of the Report

The report on the global dry eye disease diagnostics & treatment market studies the past as well as current growth trends and opportunities to gain valuable insights of these indicators for the market during the forecast period from 2020 to 2030. The report provides the overall market revenue of the global dry eye disease diagnostics & treatment market for the period 2018–2030, considering 2019 as the base year and 2030 as the forecast year. The report also provides the compound annual growth rate (CAGR) for the global dry eye disease diagnostics & treatment market for the forecast period.

The report has been prepared after extensive primary and secondary research. Primary research involves bulk of research efforts, wherein analysts carried out interviews with key opinion leaders, industry leaders, and opinion makers. Secondary research involved referring to key players’ product literature, annual reports, press releases, and relevant documents to understand the global dry eye disease diagnostics & treatment market.

Secondary research also includes Internet sources, statistical data from government agencies, websites, and trade associations. Analysts have employed a combination of top-down and bottom-up approaches to study various phenomena in the global dry eye disease diagnostics & treatment market.

The report includes an elaborate executive summary, along with a snapshot of the growth behavior of various segments and sub-segments included in the scope of the study. Furthermore, the report sheds light on changing competitive dynamics in the global dry eye disease diagnostics & treatment market. These indices serve as valuable tools for existing market players as well as for entities interested in participating in the global dry eye disease diagnostics & treatment market.

The report delves into the competition landscape of the global dry eye disease diagnostics & treatment market. Key players operating in the global dry eye disease diagnostics & treatment market have been identified, and each one of them has been profiled for their distinguishing business attributes. Company overview, financial standings, recent developments, and SWOTs are some of the attributes of players in the global dry eye disease diagnostics & treatment market that have been profiled in this report.

Key Questions Answered in Dry Eye Disease Diagnostics & Treatment Market Report

  • What is the sales/revenue generated by each type and disease segment of the global dry eye disease diagnostics & treatment market across all regions during the forecast period?
  • What are the opportunities in the global dry eye disease diagnostics & treatment market?
  • What are the major drivers, restraints, opportunities, and threats in the market?
  • Which region is likely to expand at the fastest CAGR during the forecast period?
  • Which dry eye disease diagnostics & treatment segments are expected to generate the highest revenue globally in 2030? Which segment is projected to expand at the highest CAGR during the forecast period?
  • What is the market share or position of different companies operating in the global market in 2019?

Dry Eye Disease Diagnostics & Treatment Market – Research Objectives and Research Approach

The comprehensive report on the global dry eye disease diagnostics & treatment market begins with an overview of the market, followed by the scope and objectives of this study. Following this, the report provides detailed explanation of the objectives behind this study, pipeline analysis, key mergers & acquisitions, disease prevalence in key countries, technological advancements, and impact of COVID-19 in global dry eye disease diagnostics & treatment market have been provided.

For more information about this report visit: Dry Eye Disease Diagnostics & Treatment Market

For reading comprehensibility, the report has been compiled in a chapter-wise layout, with each section divided into small sections. The entire report comprises an exhaustive collection of graphs and tables appropriately interspersed in the entire compilation. Pictorial representation of actual and projected values of key segments is visually appealing to readers. This also allows comparison of the market shares of key segments in the past and at the end of the forecast period.

The report analyzes the global dry eye disease diagnostics & treatment market in terms of type, disease, and region. Key segments under each criteria have been studied at length, and the market share for each of them at the end of 2030 has been provided. Such valuable insights enable market stakeholders in making informed business decisions for investment in the global dry eye disease diagnostics & treatment market.

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