The latest market analysis report titled Dry Eye Syndrome Market by Product, Dosage Form, Distribution Channel, Region, and Segment Outlook 2022-2027 has been added to the report store by GlobalData Plc. The dry eye syndrome market growth will be driven by various factors including the rising aging population and increasing research & development of promising products in the pipeline. These factors have resulted in the dry eye syndrome market garnering a CAGR of 4.8% during 2022-2027.
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The dry eye syndrome market will also witness promising growth due to the growing prevalence of this condition across various regions. Furthermore, surging public-private initiatives leading to early diagnosis and treatment of dry eye syndrome will also emerge as one of the most prominent dry eye syndrome market trends during the upcoming years. However, the high cost of specialty dry eye products and alternative therapies are some of the most common factors expected to hinder market growth in the long run.
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Dry Eye Syndrome Market Segment Highlights
By Product
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By Dosage Form
By Distribution Channel
Regional Opportunities
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Dry Eye Syndrome Market Vendor Landscape
Key players operating in the dry eye syndrome market are more focused on organic growth strategies, especially product expansion and enhancement of existing products, in order to enhance their competitive position and gain further market share. The strategic acquisition is observed as the second most prominent key strategy adopted by players to enhance their presence or enter the market. Various big market players are making their way into the lucrative and rapidly growing dry eye syndrome market with the strategic acquisitions of emerging players. For instance, in November 2022, Novartis acquired U.S.-based Kedalion Therapeutics and its AcuStream technology. AcuStream is an innovative device with the potential to improve precision dosing and delivery of certain topical ophthalmic medications.
Some more companies covered in the report are:
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