DUBLIN , April 29, 2022 /PRNewswire/ -- The "OTC Artificial Tears Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.
The global OTC artificial tears market reached a value of US$ 4.62 Billion in 2021. Looking forward, the market is set to reach US$ 6.41 Billion by 2027, exhibiting a CAGR of 5.20% during 2022-2027.
Keeping in mind the uncertainties of COVID-19, they are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor Over the Counter (OTC) artificial tears are eye drops that are used for lubricating eyes and providing relief from pain, discomfort, burning, redness, photophobia and irritation in the eyes. They are manufactured using dextran, glycerin, propylene glycol, hydroxypropyl methylcellulose (HPMC) and carboxymethylcellulose.
Artificial tears are widely used for the treatment of dry eyes, which is a medical condition when sufficient moisture or lubrication is not generated on the conjunctiva, cornea or entire surface of the eye. OTC artificial tears are biocompatible and aid in stabilizing the tear film, promoting healing and minimizing tear evaporation. In addition to this, OTC artificial tears are also available in ointment, spray, emulsion, solution and gel forms that are highly convenient use OTC Artificial Tears Market Trends:
The rising geriatric population that is prone to chronic eye-related disorders is one of the key factors driving the growth of the market. Due to the increasing prevalence of dry eye syndrome (DES), diabetes and nutritional deficiencies, there is a rising demand for OTC artificial tears to provide immediate relief from discomfort in the eyes.
Additionally, the increasing utilization of electronics, such as smartphones, televisions (TVs) and laptops, leading to excessive screen time and eye fatigue, is positively impacting the adoption of OTC artificial tears. Various product innovations, such as the development of variants fortified with blink-activated coatings, are providing a thrust to the market growth.
These coatings provide ocular hydration to patients suffering from evaporative dry eye syndrome. In line with this, the widespread product adoption with contact lenses to facilitate the flow of oxygen to the cornea and prevent dryness on the surface of the eyes is favoring the market growth.
Other factors, including rising levels of pollution, especially in the urban regions, along with the increasing health consciousness among the masses, are anticipated to drive the market toward growth.
Key Questions Answered in This Report:
How has the global OTC artificial tears market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global OTC artificial tears market?
What are the key regional markets?
What is the breakup of the market based on the product?
What is the breakup of the market based on the container type?
What is the breakup of the market based on the formulation?
What is the breakup of the market based on the application?
What is the breakup of the market based on the distribution channel?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global OTC artificial tears market and who are the key players?
What is the degree of competition in the industry?
The competitive landscape of the industry has also been examined along with the profiles of the key players being
UV and Blue Light Protection
Drug Store and Retail Pharmacies
For more information about this report visit https://www.researchandmarkets.com/r/2sfo7v
Research and Markets Laura Wood , Senior Manager press@researchandmarkets.com
For E.S.T Office Hours Call +1-917-300-0470 For U.S./CAN Toll Free Call +1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907 Fax (outside U.S.): +353-1-481-1716
View original content:https://www.prnewswire.com/news-releases/global-otc-artificial-tears-market-report-2022-2027---development-of-variants-fortified-with-blink-activated-coatings-are-providing-a-thrust-to-market-growth-301536211.html
(Reuters) -The judge overseeing Twitter Inc's $44 billion lawsuit against Elon Musk has a no-nonsense reputation as well as the distinction of being one of the few jurists who has ever ordered a reluctant buyer to close a U.S. corporate merger. Kathaleen McCormick took over the role of chancellor or chief judge of the Court of Chancery last year, the first woman in that role. On Wednesday, she was assigned the Twitter lawsuit which seeks to force Musk to complete his deal for the social media platform, which promises to be one of the biggest legal showdowns in years.
Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) is joining its tech peers in a stock split. The trillion-dollar tech giant, which is the parent company of Google, plans to do a 20:1 stock split on Friday, July 15. If you're aiming to buy Alphabet before the stock split, the clock is ticking.
Rogers knows how to survive — and thrive — in turbulent times.
The deal talks are still on track but coming data and arbitration slowed the timeline, people familiar with the matter say.
Intel ( ) is the bearer of additional bad news. The chip giant will give an extra blow to consumers and businesses concerned about the health of the economy. For several weeks in fact, consumers have seen their bills for groceries and other products increase.
The market is unstable. Your portfolio doesn’t need to be.
Yahoo Finance Live checks out several of the day's trending stocks, including UnitedHealth Group's profit beat and gaming stocks popping off after an influx of Tiger Woods sports bets.
To the oil industry, there is no single price of oil. Instead, there are multiple like Brent, Dubai, and WTI, each for a particular grade of crude. Russia has its own grade of oil—and its price is languishing.
Specifically, Germany is reportedly moving to legalize adult-use marijuana by 2024 following a sea change in its political leadership. Second, there were rumblings out of Washington, D.C., that a long-awaited Senate bill to legalize marijuana was close to a vote. As this German push to legalize cannabis for adult use is still two years away, and the aforementioned Senate bill doesn't appear to have the votes needed to pass, speculators are apparently rethinking their positions.
We have an initial price objective but traders should be ready to pivot if the broad market averages falter.
Shares of some of the world's biggest technology companies gained ground on Friday after several difficult sessions for the market. Semiconductor specialist Nvidia (NASDAQ: NVDA) was up as much as 2.4%, social media giant Meta Platforms (NASDAQ: META) rose as much as 3.7%, and customer relationship management (CRM) specialist Salesforce (NYSE: CRM) climbed as much as 3.8%. The catalyst that sent a wide swath of technology stocks higher today was a read on consumer spending, which was more robust than many had predicted.
Goldman Sachs slashed its earnings forecast for chipmakers and semiconductors due to fears of a slowdown in global growth.
Mining stocks could capitulate given waning demand for industrial metals
The head of the company now running the former McDonald's Corp chain of restaurants in Russia told RBC TV that producers of French fries are refusing to supply to the country and warned that attempts to increase domestic processing are fraught with difficulties. McDonald's quit Russia after a Western backlash against Moscow's military campaign in Ukraine, which included a barrage of economic sanctions, and sold all the restaurants it owned to a local licensee in May. CEO Oleg Paroev told Reuters the chain had sold almost 120,000 burgers on opening day.
Most retired workers depend on multiple streams of income during their retirement. Two of the most common such income streams are Social Security and pensions. If we look at pension vs. Social Security income, we find significant differences. Retired workers … Continue reading → The post Pension vs. Social Security: Key Differences appeared first on SmartAsset Blog.
Every investor wants to see his stocks pay off – or he wouldn’t be in the markets. But finding the right investment, the ‘one’ that will bring profits, can sometimes be challenging, especially in today's market conditions. The two simplest courses of action an investor can take to ensure solid returns are based on common sense. The first is to buy low and sell high. That is, find a cheap stock with sound fundamentals and good prospects for growth – and buy in to take advantage of the growth pote
Bill Gates has promised to give "virtually all" of his fortune away. Where will it go?
(Bloomberg) -- Former Treasury Secretary Lawrence Summers issued one of his harshest criticisms yet of the Federal Reserve’s slowness in moving to raise interest rates, and warned that policy makers are still presenting forecasts that are unrealistic.Most Read from BloombergIvana Trump, First Wife of Former President, Dies At 73Chinese Homebuyers Across 22 Cities Refuse to Pay MortgagesBiden to Leave Mideast With No Immediate Announcement on OilChina Growth Slows Sharply, Putting GDP Target Out
Home sale cancellations soared in June. But why?
Alphabet stock will undergo a 20-for-1 stock split on July 18. Here's how to trade the stock into the event.