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North America Artificial Tears Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type; Delivery Mode; Application

  • ID: 5416461
  • Report
  • July 2021
  • Region: North America
  • 122 Pages
  • The Insight Partners
UP TO OFF
until Jun 30th 2022

FEATURED COMPANIES

  • AbbVie Inc.
  • Akorn, Incorporated
  • Alcon Inc.
  • Bayer AG
  • OASIS Medical
Glycerin Derived Tears Segment has the Largest Share of Type in the North America Artificial Tears Market during 2021-2028.



According to a new market research study on “North America Artificial Tears Market to 2028 - COVID-19 Impact and Regional Analysis and Forecast by Type, Delivery Mode, and Application,” is expected to reach US$ 2,392.8 million by 2028 from US$ 1,672.6 million in 2021. The market is estimated to grow at a CAGR of 5.2% from 2021 to 2028. The report provides trends prevailing in the North America Artificial tears market along with the drivers and restraints pertaining to the market growth. The growth of this market is estimated to grow owing to key driving factors such as the rising incidence of dry eye and the growing older population are the key factors driving the market growth. However, the market is expected experiencing slow growth during the forecast period owing to the poor accessibility to eye care services in countries.

Several measures are being taken to treat the disease and prevent transmission; however, the exorbitant number of COVID- 19 cases has resulted in the cancellation of the doctor's appointment. With COVID-19 continuing to spread all over the world, researchers are looking into numerous options for possible treatment, including existing options. In July 2020, Alcon, the global leader in eye care dedicated to helping people see brilliantly, announced the findings of a new survey, coincide with Dry Eye Awareness Month. The survey of 1,005 nationally representative U.S. adults, conducted by research firm Ipsos, reveals the influence of the COVID-19 pandemic on consumers' screen time and how it affects their perceptions of eye health. According to the survey Nearly 80% of Americans reported their screen time increased during the COVID-19 pandemic. Three out of five (60%) people who have increased their screen time are concerned about the impact on their eyes. Nearly half (45%) of individuals who spend more time in front of the screen say it makes their eyes dry. These factors had a potential impact on the North America artificial tears market.

The market for Artificial tears market is segmented into type, delivery mode, and application. Based on type, the artificial tears market is segmented into glycerin derived tears, cellulose derived tears, oil-based emulsion tears, polythylene glycol-based tears, sodium hyaluronate based artificial tears, and propylene glycol-based tears. In 2020, glycerin derived tears segment accounted for the largest share of the market owing to their easy availability and ability to keep eyes moist for long. Glycerin is a humectant, as well as a demulcent and lubricant. Glycerin also has the benefit of promoting epithelial cell growth and reducing the harmful effects of high osmolarity on the ocular surface. Povidone is a lipid that binds to the tear film's existing oil layer, thickening it and reducing evaporation.

Johnson and Johnson Services, Inc. Alcon Inc. OASIS Medical, AbbVie Inc. Bayer AG, Prestige Consumer Healthcare Inc. Santen Pharmaceutical Co. Ltd. Bausch Health Companies Inc. and Akorn, Incorporated are among the leading companies in the North America Artificial tears market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in February 2021, Bausch + Lomb launched Alaway® Preservative Free (ketotifen fumarate ophthalmic solution 0.035%) antihistamine eye drops, the first and only over the counter (OTC) preservative-free antihistamine eye itch relief drop approved by the U.S. Food and Drug Administration.

The report segments the North America Artificial Tears market as follows:


By Type

  • Glycerin Derived Tears
  • Cellulose Derived Tears
  • Oil-based Emulsion Tears
  • Polythylene Glycol Based Tears
  • Sodium Hyaluronate Based Artificial Tears
  • Propylene Glycol Based Tears

By Delivery Mode

  • Eye Drops
  • Ointments

By Application

  • Dry Eyes Treatment
  • Contact Lenses Moisture

By Country

  • North America
  • US
  • Canada
  • Mexico

Reasons to buy:

  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the North America artificial tears market
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the North America artificial tears market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth North America market trends and outlook coupled with the factors driving the artificial tears market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • AbbVie Inc.
  • Akorn, Incorporated
  • Alcon Inc.
  • Bayer AG
  • OASIS Medical
1. Introduction
1.1 Scope of the Study
1.2 Research Report Guidance
1.3 Market Segmentation
1.3.1 Artificial Tears Market - By Type
1.3.2 Artificial Tears Market - By Delivery Mode
1.3.3 Artificial Tears Market - By Application
1.3.4 North America Artificial tears Market - By Country

2. North America Artificial Tears Market - Key Takeaways

3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. North America Artificial Tears Market - Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 Artificial Tears Market - North America PEST Analysis
4.3 Expert Opinion

5. North America Artificial Tears Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Rising Incidence of Dry Eye
5.1.2 Growing Older Population
5.2 Market Restraints
5.2.1 Poor Accessibility to Eye Care Services in Countries
5.3 Market Opportunities
5.3.1 Increasing Number of Industrial Developments
5.4 Future Trends
5.4.1 Changes in Lifestyle
5.5 Impact Analysis

6. Artificial Tears Market - North America Analysis
6.1 North America Artificial Tears Market Revenue Forecasts and Analysis

7. North America Artificial Tears Market Analysis and Forecasts To 2028 - By Type
7.1 Overview
7.2 Artificial Tears Market Revenue Share, by Type (2020 and 2028)
7.3 Cellulose Derived Tears
7.3.1 Overview
7.3.2 Cellulose Derived Tears: Artificial Tears Market - Revenue and Forecast to 2028 (US$ Million)
7.4 Glycerin Derived Tears
7.4.1 Overview
7.4.2 Glycerin Derived Tears: Artificial Tears Market - Revenue and Forecast to 2028 (US$ Million)
7.5 Oil-based Emulsion Tears
7.5.1 Overview
7.5.2 Oil-based Emulsion Tears: Artificial Tears Market - Revenue and Forecast to 2028 (US$ Million)
7.6 Polyethylene Glycol Based Tears
7.6.1 Overview
7.6.2 Polyethylene Glycol Based Tears: Artificial Tears Market - Revenue and Forecast to 2028 (US$ Million)
7.7 Propylene Glycol Based Tears
7.7.1 Overview
7.7.2 Propylene Glycol Based Tears: Artificial Tears Market - Revenue and Forecast to 2028 (US$ Million)
7.8 Sodium Hyaluronate Based Artificial Tears
7.8.1 Overview
7.8.2 Sodium Hyaluronate Based Artificial Tears: Artificial Tears Market - Revenue and Forecast to 2028 (US$ Million)

8. North America Artificial Tears Market Analysis and Forecasts To 2028 - By Delivery Mode
8.1 Overview
8.2 Artificial Tears Market Revenue Share, by Delivery Mode (2020 and 2028)
8.3 Eye Drops
8.3.1 Overview
8.3.2 Eye Drops: Artificial Tears Market - Revenue and Forecast to 2028 (US$ Million)
8.4 Ointments
8.4.1 Overview
8.4.2 Ointments: Artificial Tears Market - Revenue and Forecast to 2028 (US$ Million)

9. North America Artificial Tears Market Analysis and Forecasts to 2028 - By Application
9.1 Overview
9.2 Artificial Tears Market Share, by Application, 2020 and 2028, (%)
9.3 Dry Eyes Treatment
9.3.1 Overview
9.3.2 Dry Eyes Treatment: Artificial Tears Market - Revenue and Forecast to 2028 (US$ Million)
9.4 Contact Lenses Moisture
9.4.1 Overview
9.4.2 Contact Lenses Moisture: Artificial Tears Market - Revenue and Forecast to 2028 (US$ Million)

10. Artificial Tears Market Revenue and Forecasts to 2028 - Geographical Analysis
10.1 North America: Artificial Tears Market
10.1.1 Overview
10.1.2 North America: Artificial Tears Market, by Country, 2020 & 2028 (%)
10.1.2.1 US: Artificial Tears Market - Revenue and Forecast to 2028 (USD Million)
10.1.2.1.1 US: Artificial Tears Market - Revenue and Forecast to 2028 (USD Million)
10.1.2.1.2 US: Artificial Tears Market, by Type, 2019-2028 (USD Million)
10.1.2.1.3 US: Artificial Tears Market, by Delivery Mode, 2019-2028 (USD Million)
10.1.2.1.4 US: Artificial Tears Market, by Application, 2019-2028 (USD Million)
10.1.2.2 Canada: Artificial Tears Market - Revenue and Forecast to 2028 (USD Million)
10.1.2.2.1 Canada: Artificial Tears Market - Revenue and Forecast to 2028 (USD Million)
10.1.2.2.2 Canada: Artificial Tears Market, by Type, 2019-2028 (USD Million)
10.1.2.2.3 Canada: Artificial Tears Market, by Delivery Mode, 2019-2028 (USD Million)
10.1.2.2.4 Canada: Artificial Tears Market, by Application, 2019-2028 (USD Million)
10.1.2.3 Mexico: Artificial Tears Market - Revenue and Forecast to 2028 (USD Million)
10.1.2.3.1 Mexico: Artificial Tears Market - Revenue and Forecast to 2028 (USD Million)
10.1.2.3.2 Mexico Artificial Tears Market, by Type - 2019-2028 (USD Million)
10.1.2.3.3 Mexico Artificial Tears Market, by Delivery Mode - 2019-2028 (USD Million)
10.1.2.3.4 Mexico Artificial Tears Market, by Application - 2019-2028 (USD Million)

11. Impact Of COVID-19 Pandemic on North America Artificial Tears Market
11.1 North America: Impact Assessment of COVID-19 Pandemic

12. Industry Landscape
12.1 Overview
12.2 Growth Strategies Done by the Companies in the Market, (%)
12.3 Organic Developments
12.3.1 Overview
12.4 Inorganic Developments
12.4.1 Overview

13. COMPANY PROFILES
13.1 Johnson and Johnson Services, Inc.
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Alcon Inc.
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 OASIS Medical
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Abbvie Inc.
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Bayer AG
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Prestige Consumer Healthcare Inc.
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Santen Pharmaceutical Co., Ltd.
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Bausch Health Companies Inc.
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Akorn, Incorporated
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments

14. Appendix
14.1 About
14.2 Glossary of Terms

List of Tables
Table 1. US Artificial Tears Market, by Type - Revenue and Forecast to 2028 (USD Million)
Table 2. US Artificial Tears Market, by Delivery Mode - Revenue and Forecast to 2028 (USD Million)
Table 3. US Artificial Tears Market, by Application - Revenue and Forecast to 2028 (USD Million)
Table 4. Canada Artificial Tears Market, by Type - Revenue and Forecast to 2028 (USD Million)
Table 5. Canada Artificial Tears Market, by Delivery Mode - Revenue and Forecast to 2028 (USD Million)
Table 6. Canada Artificial Tears Market, by Application - Revenue and Forecast to 2028 (USD Million)
Table 7. Mexico Artificial Tears Market, by Type - Revenue and Forecast to 2028 (USD Million)
Table 8. Mexico Artificial Tears Market, by Delivery Mode - Revenue and Forecast to 2028 (USD Million)
Table 9. Mexico Artificial Tears Market, by Application - Revenue and Forecast to 2028 (USD Million)
Table 10. Organic Developments Done by Companies
Table 11. Inorganic Developments Done by Companies
Table 12. Glossary of Terms, Artificial Tears Market

List of Figures
Figure 1. Artificial Tears Market Segmentation
Figure 2. North America Artificial Tears Market Overview
Figure 3. Glycerin Derived Tears Segment Held Largest Share of Type in Artificial Tears Market
Figure 4. US is Expected to Show Remarkable Growth During the Forecast Period
Figure 5. Artificial Tears Market - North America PEST Analysis
Figure 6. Artificial Tears Market Impact Analysis of Driver and Restraints
Figure 7. North America Artificial Tears Market - Revenue Forecasts and Analysis - 2020 - 2028
Figure 8. Artificial Tears Market Revenue Share, by Type (2020 and 2028)
Figure 9. Cellulose Derived Tears: Artificial Tears Market - Revenue and Forecast to 2028 (US$ Million)
Figure 10. Glycerin Derived Tears: Artificial Tears Market - Revenue and Forecast to 2028 (US$ Million)
Figure 11. Oil-based Emulsion Tears: Artificial Tears Market - Revenue and Forecast to 2028 (US$ Million)
Figure 12. Polyethylene Glycol Based Tears: Artificial Tears Market - Revenue and Forecast to 2028 (US$ Million)
Figure 13. Propylene Glycol Based Tears: Artificial Tears Market - Revenue and Forecast to 2028 (US$ Million)
Figure 14. Sodium Hyaluronate Based Artificial Tears: Artificial Tears Market - Revenue and Forecast to 2028 (US$ Million)
Figure 15. Artificial Tears Market Revenue Share, by Delivery Mode (2020 and 2028)
Figure 16. Eye Drops: Artificial Tears Market - Revenue and Forecast to 2028 (US$ Million)
Figure 17. Ointments: Artificial Tears Market - Revenue and Forecast to 2028 (US$ Million)
Figure 18. Artificial Tears Market Share, by Application, 2020 and 2028 (%)
Figure 19. Dry Eyes Treatment: Artificial Tears Market - Revenue and Forecast to 2028 (US$ Million)
Figure 20. Contact Lenses Moisture: Artificial Tears Market - Revenue and Forecast to 2028 (US$ Million)
Figure 21. North America: Artificial Tears Market, by Key Country - Revenue (2020) (USD Million)
Figure 22. North America: Artificial Tears Market, by Country, 2020 & 2028 (%)
Figure 23. US: Artificial Tears Market - Revenue and Forecast to 2028 (USD Million)
Figure 24. Canada: Artificial Tears Market - Revenue and Forecast to 2028 (USD Million)
Figure 25. Mexico: Artificial Tears Market - Revenue and Forecast to 2028 (USD Million)
Figure 26. Impact of COVID-19 Pandemic in North American Country Markets
Figure 27. Growth Strategies Done by the Companies in the Market, (%)
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • Johnson and Johnson Services, Inc.
  • Alcon Inc.
  • OASIS Medical
  • AbbVie Inc.
  • Bayer AG
  • Prestige Consumer Healthcare Inc.
  • Santen Pharmaceutical Co., Ltd.
  • Bausch Health Companies Inc.
  • Akorn, Incorporated
Note: Product cover images may vary from those shown
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