GLOBAL TOBRAMYCIN EYE DROP MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Poor accessibility to eye care services in low- and middle-income countries and the restriction of existing treatment modalities to primary care practitioners are some of the reasons contributing to lack of care for eye infections. For instance, according to an article published by The Lancet, a weekly peer-reviewed general medical journal, in February 2021, multiple obstacles must be overcome to achieve universal coverage for eye health. Important issues include complex barriers to availability and access to quality services, cost, major shortages, and maldistribution of well-trained personnel, and lack of suitable, well-maintained equipment and consumables. These issues are particularly widespread in low-income and middle-income countries (LMICs) but also occur in underserved communities in high-income countries.

Market Opportunities – Increasing initiatives to create awareness

Increasing efforts by key players and non-profit eye health organizations to increase awareness about dry eye disease among people is expected to drive the market growth over the forecast period. For instance, in July 2022, Prevent Blindness, a non-profit eye health organization in the U.S., declared July as Dry Eye Awareness Month to provide free resources to providers and the public on dry eye, including fact sheets and shareable social media graphics available in English and Spanish, and a dedicated web page.