The Global Eyecare product market is anticipated to grow at a considerable CAGR of around 4.6% during the forecast period. Technological advancements are taking place at a fair considerable rate in the present time. This will also continue in the future as researchers and scientists in collaboration with tech companies are developing new therapies for treating eye problems. This will be a driver for the eye care product market in the future. Medicines and drugs are developed by pharma companies that help in the treatment of eye problems. For instance, in Feb 2022, Allergan which is a market player in the eye care product market announced that it will present data from companies portfolio of eye care treatment at the American Glaucoma Society annual meeting which will be held in Nashville.
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This will help in scientific understanding of bimatoprost intracameral implant Xen Gel Stent as well. An increase in on-screen time has also posed major issues in the eyes. Excess use of electronic devices such as laptops, desktops, tablets, and smartphones are the main reasons for many eye problems. For instance, in Feb 2021, Allergan, a market player in the eye care product market has stated that it has applied to the investigation of Ophthalmic solutions which will be used for the treatment of presbyopia. It is a condition in which the ability to focus on nearby objects gets reduced.
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Market Coverage
- Segment Covered-
o By Product type
o By Product form
o By Distribution Channel
- Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
- Competitive Landscape- Allergan, Inc., Accutome Inc., Prestige Brands, Inc., Bausch & Lomb Incorporated, and others.
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 impact 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 Eye care product Market Report by Segment
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
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