Artificial Tears Market

Global Artificial Tears Market Size, Share & Trends Analysis Report, by Type (Cellulose Derived, Glycerine Derived, Oil Based Emulsion Tears, and Polyethylene Glycol and Propylene Glycol-Based Tears), by Delivery Method (Eye Drops, Ointments), by Application (Dry Eyes Treatment, Contact Lenses Moisture) Forecast Period (2022-2028)

Published: Jul 2019 | Report Code: OMR2018384 | Category : Chemical and Material | Delivery Format: /

The global artificial tears market is anticipated to grow at a significant CAGR of 6.2% during the forecast period. Artificial tears lubricate the ocular surface reduce tear osmolarity and protect the ocular surface from desiccation. The market is growing due to the impact of some factors such as growing dry eye syndrome (DES) coupled with the geriatric population. As aging results in weaker eyesight, people are more at risk of ophthalmic disorders such as dry eye syndrome. The rising use of contact lenses, digital workloads, and innovation in the product creates future opportunities for the growth of the market. However, some factors act as barriers to the growth of the market such as side effects of artificial tears and lack of awareness among people across the globe.

Impact of COVID-19 Pandemic on Global Artificial Tears Market

During COVID-19 governments across the globe have implemented strict lockdowns due to which non-essential medical procedures were stopped and healthcare systems have cancelled the production of non-essential medical goods which impacted negatively the growth of the artificial tears market during the COVID-19 period.

Segmental Outlook 

The global artificial tears market is segmented based on types, delivery methods, and applications. Based on types, the market is further diversified as cellulose-derived tears, glycerin-derived tears, oil-based emulsion tears, and polyethylene glycol and propylene glycol-based tears. Based on the delivery method, the market is bifurcated into eye drops and ointments.  Based on the application, the market is segmented into dry eyes treatment and contact lenses moisture. Among all the types, glycerin derived tears segment is expected to hold the major share owing to its capability of keeping eyes moist for a long time.

Global Artificial Tears Market Share by Type, 2021 (%)

Global Artificial Tears Market Share by Type

The Glycerin Derived Tears Segment is Expected to Hold Considerable Share in the Global Artificial Tears Market

The glycerin-derived tears segment is expected to hold a considerable share in the global artificial tears market during the forecast period. The easy availability and ability of glycerin-derived tears to keep eyes moist for a long time are driving the growth of the glycerine-derived tears segment in the artificial tears market globally. For instance, in October 2019, Allergan launched the Refresh Relieva lubricant eye drop product line. All products in the Refresh portfolio contain carboxymethylcellulose, hyaluronic acid, glycerin, and HydroCell technology – Allergan’s proprietary sodium chloride-free, the glycerin-based solution that enables hydration and maintains the volume of cells on the ocular surface.

Regional Outlooks

The global artificial tears market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East &Africa, and Latin America).  The market can be analyzed for a particular region or country level as per the requirement. 

Global Artificial Tears Market Growth, by Region 2022-2028

Global Artificial Tears Market Growth, by Region

The Asia Pacific Region is Expected to Hold a Considerable Share in the Global Artificial Tears Market

The Asia-Pacific region is expected to hold a considerable share in the global artificial tears market during the forecast period. Asia Pacific creates more growth opportunities due to an increasing health awareness and use of sophisticated products among the people.

Market Players Outlook

The major companies serving the global Artificial Tears market include Bausch Health Companies Inc., Bayer AG, Johnson & Johnson Services, Inc., Merck & Co., Inc., and Teva Pharmaceuticals Industries, Ltd. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. 

The Report Covers

  • Market value data analysis of 2021 and forecast to 2028.
  • Annualized market revenues ($ million) for each market segment.
  • Country-wise analysis of major geographical regions.
  • Key companies operating in the global artificial tears market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
  • Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
  • Analysis of market entry and market expansion strategies.
  • Competitive strategies by identifying ‘who-stands-where’ in the market.

1. Report Summary

Current Industry Analysis and Growth Potential Outlook

Impact of COVID-19 on the Global Artificial Tears Market

Recovery Scenario of Global Artificial Tears Market

1.1. Research Methods and Tools

1.2. Market Breakdown

1.2.1. By Segments

1.2.2. BY Region

2. Market Overview and Insights

2.1. Scope of the Report

2.2. Analyst Insight & Current Market Trends

2.2.1. Key Findings

2.2.2. Recommendations

2.2.3. Conclusion

3. Competitive Landscape

3.1. Key Company Analysis

3.2. Bausch Health Companies Inc.

3.2.1. Overview

3.2.2. Financial Analysis 

3.2.3. SWOT Analysis

3.2.4. Recent Developments

3.3. Bayer Pharma AG

3.3.1. Overview

3.3.2. Financial Analysis 

3.3.3. SWOT Analysis

3.3.4. Recent Developments

3.4. Merck & Co.

3.4.1. Overview

3.4.2. Financial Analysis 

3.4.3. SWOT Analysis

3.4.4. Recent Developments

3.5. Johnson & Johnson Services

3.5.1. Overview

3.5.2. Financial Analysis 

3.5.3. SWOT Analysis

3.5.4. Recent Developments

3.6. Teva Pharmaceuticals Industries, Ltd.

3.6.1. Overview

3.6.2. Financial Analysis 

3.6.3. SWOT Analysis

3.6.4. Recent Developments

3.7. Key Strategy Analysis

3.8. Impact of Covid-19 on Key Players

4. Market Segmentation

4.1. Global Artificial Tears Market by Type 

4.1.1. Cellulose Derived

4.1.2. Glycerine Derived

4.1.3. Oil Based Emulsion Tears

4.1.4. Polyethylene Glycol And Propylene Glycol-Based Tears

4.2. Global Artificial Tears Market by Delivery Method

4.2.1. Eye Drops

4.2.2. Ointments

4.3. Global Artificial Tears Market by Application

4.3.1. Dry Eyes Treatment

4.3.2. Contact Lenses Moisture

5. Regional Analysis

5.1. North America

5.1.1. US

5.1.2. Canada

5.2. Europe

5.2.1. UK

5.2.2. Germany

5.2.3. Italy

5.2.4. Spain

5.2.5. France

5.2.6. Rest of Europe 

5.3. Asia-Pacific

5.3.1. China

5.3.2. India

5.3.3. Japan

5.3.4. South Korea

5.3.5. Rest of Asia-Pacific 

5.4. Rest of the World

6. Company Profile

6.1. Akorn Operating Company LLC

6.2. Alcon Vision LLC

6.3. Allergan Plc

6.4. Aura Labs Ltd.

6.5. Bausch Health Companies Inc.

6.6. Bausch & Lomb Inc.

6.7. Carl Zeiss AG

6.8. Essilor International

6.9. Hoya Corp.

6.10. Nicox S.A.

6.11. Novartis International AG

6.12. OCuSOFT Inc.

6.13. Pfizer, Inc.

6.14. ROHTO Pharmaceutical Co., Ltd.

6.15. Sanofi S.A.

6.16. Santen AG

6.17. Similasan Corp.

6.18. Topcon Corp.

6.19. URSAPHARM Arzneimittel GmbH

1. GLOBAL ARTIFICIAL TEARS MARKET RESEARCH AND ANALYSIS BY CANCER TYPE, 2021-2028 ($ MILLION)

2. GLOBAL CELLULOSE DERIVED ARTIFICIAL TEARS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)

3. GLOBAL GLYCERINE DERIVED MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)

4. GLOBAL WILM’S TUMOUR MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)

5. GLOBAL OTHER ARTIFICIAL TEARS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)

6. GLOBAL ARTIFICIAL TEARS MARKET RESEARCH AND ANALYSIS BY DELIVERY METHOD, 2021-2028 ($ MILLION)

7. GLOBAL EYE DROPS ARTIFICIAL TEARS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)

8. GLOBAL OINTMENTS ARTIFICIAL TEARS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)

9. GLOBAL OTHER ARTIFICIAL TEARS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)

10. GLOBAL ARTIFICIAL TEARS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)

11. GLOBAL ARTIFICIAL TEARS DRY EYES TREATMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)

12. GLOBAL ARTIFICIAL TEARS CONTACT LENSES MOISTURE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)

13. GLOBAL ARTIFICIAL TEARS MAGNETIC RESONANCE IMAGING (MRI) SCAN MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)

14. GLOBAL ARTIFICIAL TEARS ULTRASOUND MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)

15. GLOBAL ARTIFICIAL TEARS MARKET RESEARCH AND ANALYSIS BY THERAPY, 2021-2028 ($ MILLION)

16. GLOBAL ARTIFICIAL TEARS IMMUNOTHERAPY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)

17. GLOBAL ARTIFICIAL TEARS CHEMOTHERAPY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)

18. GLOBAL ARTIFICIAL TEARS RADIATION THERAPY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)

19. GLOBAL ARTIFICIAL TEARS CRYOTHERAPY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)

20. GLOBAL ARTIFICIAL TEARS MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2021-2028 ($ MILLION)

21. NORTH AMERICAN ARTIFICIAL TEARS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)

22. NORTH AMERICAN ARTIFICIAL TEARS MARKET RESEARCH AND ANALYSIS BY TYPE , 2021-2028 ($ MILLION)

23. NORTH AMERICAN ARTIFICIAL TEARS MARKET RESEARCH AND ANALYSIS BY DELIVERY METHOD, 2021-2028 ($ MILLION)

24. NORTH AMERICAN ARTIFICIAL TEARS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)

25. NORTH AMERICAN ARTIFICIAL TEARS MARKET RESEARCH AND ANALYSIS BY THERAPY, 2021-2028 ($ MILLION)

26. EUROPEAN ARTIFICIAL TEARS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)

27. EUROPEAN ARTIFICIAL TEARS MARKET RESEARCH AND ANALYSIS BY TYPE , 2021-2028 ($ MILLION)

28. EUROPEAN KIDNEY CANCERMARKET RESEARCH AND ANALYSIS BY DELIVERY METHOD, 2021-2028 ($ MILLION)

29. EUROPEAN ARTIFICIAL TEARS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)

30. EUROPEAN ARTIFICIAL TEARS MARKET RESEARCH AND ANALYSIS BY THERAPY, 2021-2028 ($ MILLION)

31. ASIA-PACIFIC ARTIFICIAL TEARS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)

32. ASIA-PACIFIC ARTIFICIAL TEARS MARKET RESEARCH AND ANALYSIS BY TYPE , 2021-2028 ($ MILLION)

33. ASIA-PACIFIC ARTIFICIAL TEARS MARKET RESEARCH AND ANALYSIS BY DELIVERY METHOD, 2021-2028 ($ MILLION)

34. ASIA-PACIFIC ARTIFICIAL TEARS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)

35. ASIA-PACIFIC ARTIFICIAL TEARS MARKET RESEARCH AND ANALYSIS BY THERAPY, 2021-2028 ($ MILLION)

36. REST OF THE WORLD ARTIFICIAL TEARS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)

37. REST OF THE WORLD KIDNEY CANCERMARKET RESEARCH AND ANALYSIS BY TYPE , 2021-2028 ($ MILLION)

38. REST OF THE WORLD ARTIFICIAL TEARS MARKET RESEARCH AND ANALYSIS BY DELIVERY METHOD, 2021-2028 ($ MILLION)

39. REST OF THE WORLD ARTIFICIAL TEARS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)

40. REST OF THE WORLD ARTIFICIAL TEARS MARKET RESEARCH AND ANALYSIS BY THERAPY0, 2021-2028 ($ MILLION)

1. IMPACT OF COVID-19 ON GLOBAL ARTIFICIAL TEARS MARKET, 2021-2028 ($ MILLION)

2. IMPACT OF COVID-19 ON GLOBAL ARTIFICIAL TEARS MARKET BY SEGMENT, 2021-2028 ($ MILLION)

3. RECOVERY OF GLOBAL ARTIFICIAL TEARS MARKET, 2022-2028 (%)

4. GLOBAL ARTIFICIAL TEARS MARKET SHARE BY TYPE, 2021 VS 2028 (%)

5. GLOBAL CELLULOSE DERIVED ARTIFICIAL TEARS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)

6. GLOBAL GLYCERINE DERIVED MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)

7. GLOBAL WILM’S TUMOUR CANCER MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)

8. GLOBAL OTHER ARTIFICIAL TEARS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)

9. GLOBAL ARTIFICIAL TEARS MARKET SHARE BY DELIVERY METHOD, 2021 VS 2028 (%)

10. GLOBAL EYE DROPS ARTIFICIAL TEARS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)

11. GLOBAL OINTMENTS ARTIFICIAL TEARS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)

12. GLOBAL OTHER ARTIFICIAL TEARS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)

13. GLOBAL ARTIFICIAL TEARS MARKET SHARE BY APPLICATION, 2021 VS 2028 (%)

14. GLOBAL ARTIFICIAL TEARS DRY EYES TREATMENT MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)

15. GLOBAL ARTIFICIAL TEARS CONTACT LENSES MOISTURE MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)

16. GLOBAL ARTIFICIAL TEARS MAGNETIC RESONANCE IMAGING (MRI) MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)

17. GLOBAL ARTIFICIAL TEARS ULTRASOUND MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)

18. GLOBAL ARTIFICIAL TEARS MARKET SHARE BY THERAPY METHOD, 2021 VS 2028 (%)

19. GLOBAL ARTIFICIAL TEARS IMMUNOTHERAPY MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)

20. GLOBAL ARTIFICIAL TEARS CHEMOTHERAPY MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)

21. GLOBAL ARTIFICIAL TEARS RADIATION THERAPY MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)

22. GLOBAL ARTIFICIAL TEARS CRYOTHERAPY MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)

23. GLOBAL ARTIFICIAL TEARS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)

24. US ARTIFICIAL TEARS MARKET SIZE, 2021-2028 ($ MILLION)

25. CANADA ARTIFICIAL TEARS MARKET SIZE, 2021-2028 ($ MILLION)

26. UK ARTIFICIAL TEARS MARKET SIZE, 2021-2028 ($ MILLION)

27. FRANCE ARTIFICIAL TEARS MARKET SIZE, 2021-2028 ($ MILLION)

28. GERMANY ARTIFICIAL TEARS MARKET SIZE, 2021-2028 ($ MILLION)

29. ITALY ARTIFICIAL TEARS MARKET SIZE, 2021-2028 ($ MILLION)

30. SPAIN ARTIFICIAL TEARS MARKET SIZE, 2021-2028 ($ MILLION)

31. REST OF EUROPE ARTIFICIAL TEARS MARKET SIZE, 2021-2028 ($ MILLION)

32. INDIA ARTIFICIAL TEARS MARKET SIZE, 2021-2028 ($ MILLION)

33. CHINA ARTIFICIAL TEARS MARKET SIZE, 2021-2028 ($ MILLION)

34. JAPAN ARTIFICIAL TEARS MARKET SIZE, 2021-2028 ($ MILLION)

35. SOUTH KOREA KIDNEY CANCERMARKET SIZE, 2021-2028 ($ MILLION)

36. REST OF ASIA-PACIFIC KIDNEY CANCERMARKET SIZE, 2021-2028 ($ MILLION)

37. REST OF THE WORLD KIDNEY CANCERMARKET SIZE, 2021-2028 ($ MILLION)