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OTC Dry Eye Drops Market Share

Report ID: GMI9823
Published Date: Jun 2024
Report Format: PDF

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OTC Dry Eye Drops Market Share

The OTC dry eye drops sector is competitive in nature, with a mix of major global and smaller to medium-sized companies competing for market share. A pivotal aspect of market strategy involves the continual introduction of innovative products leveraging diverse technologies. Notably, prominent industry players command considerable influence in this dynamic landscape, often driving forward advancements through substantial investments in research and development. Additionally, strategic alliances, acquisitions, and mergers are instrumental in fortifying market positions and expanding global footprint amidst evolving regulatory landscapes.

OTC Dry Eye Drops Market Companies

Some of the eminent market participants operating in the OTC dry eye drops industry include:

AbbVie, Inc.
Alcon
Allergan plc
Altaire Pharmaceutical Inc.
Bausch Health Companies Inc.
IDEX CORPORATION
Johnson & Johnson
Medicom Healthcare Pvt Ltd.
Novartis AG
OASIS
Prestige Consumer Healthcare Inc.
Rohto Pharmaceutical Co., Ltd.
Similasan Corporation
Sentiss Pharma Private Limited

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

OTC dry eye drops market size was USD 3.7 billion in 2023 and is expected to register 7.6% CAGR from 2024-2032 owing to the rising incidence of dry eye syndrome worldwide.

OTC dry eye drops industry from the preservative segment is expected to reach USD 5.2 billion by 2032 owing to the fact that they help prevent microbial contamination through microbial identification.

The U.S. OTC dry eye drops industry is expected to reach USD 2.5 billion by 2032 due to well-developed healthcare infrastructure, including a network of retail pharmacies, healthcare providers, and distribution channels in the region.

Alcon, IDEX CORPORATION, Johnson & Johnson, Medicom Healthcare Pvt Ltd., Novartis AG, OASIS, Prestige Consumer Healthcare Inc., Rohto Pharmaceutical Co., Ltd., Similasan Corporation, and Sentiss Pharma Private Limited, are some of the major OTC dry eye drops companies worldwide.