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DRY EYE DISEASE MARKET ANALYSIS

Dry Eye Disease Market, By Product Type (Cyclosporine, Corticosteroids, Lifitegrast, Ocular Lubricant, Punctal Plugs, and Others), By Formulation Type (Liquid, Gel, Ointment, and Others), By Distribution Channel (Hospital Pharmacies, Retail Pharmacies, Supermarket/Hypermarket, Other Stores, and Online Pharmacies), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

  • Published In : Apr 2024
  • Code : CMI5438
  • Pages :163
  • Formats :
      Excel and PDF
  • Industry : Pharmaceutical
Market Challenges – Poor accessibility to eye care services

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 hampering market growth. For instance, according to an article published by The Lancet, a weekly peer-reviewed general medical journal, in February 2021, multiple obstacles need to 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.

Market Opportunities – Increasing initiatives to create awareness about dry eye disease

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 of the U.S., declared July as Dry Eye Awareness Month to provide free resources to providers and the public on dry eyes, including fact sheets and shareable social media graphics available in English and Spanish, and a dedicated web page.

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