Report : South and Central America Dry Eye Products Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Product (Artificial tears, Antibiotic Drops, Hormone drops and others); Type(OTC Drugs, Prescription Drugs); and Country.
Artificial tears Segment Held Largest Share of South and Central AmericaDry Eye Product Market in 2019
According to a new market research study of ‘South and Central AmericaDry eye Product Marketto 2027 – Regional Analysis and Forecast by Product, and Type,’the South and Central Americadry eye product marketis expected to reach US$ 302.57 millionby 2027 from US$ 239.08 million in 2019. The market is estimated to grow with a CAGR of 3.2 % from 2020 to 2027. The report provides trends prevailing in the South and Central Americadry eye productmarket and the factors driving market along with those that act as hindrances.
Based on the product , the South and Central Americadry eye product market is segmented into artificial drops, antibiotic drops, hormone drops, others.The artificial tears segment held the largest share of the market in 2019, whereas Hormone drops possess highest CAGR in the market during the forecast period. The growth of artificial tears segmentthe is attributed to accuracy and the minimum side effects, preference by the pharmacies and hospitals for theartificial tears, enormous commercial use of these products in the market and as well as the changing lifestyle related factors.
The South and Central AmericaDry eye Product marketis expected to grow owing to the increasing incidences as well as the chances of dry eye and rising geriatric population across the region. However, major occurrence of the side effects is expected to restraint the growth of the market during the forecast period.
Novartis AG, Santen Pharmaceuticals co. Ltd, Johnson and Johnson areamong the leading companies operating in the South and Central AmericaDry eye Product market.
The report segments South and Central AmericaDry eye Product Marketas Follows:
South and Central AmericaDry eye Product Market– ByProduct
- Artificial Tears
- Antibiotic drops
- Hormone drops
- others
South and Central AmericaDry eye Product Market – By Type
- OTC Drugs
- Prescription Drugs
South and Central America Dry eye Product Market– By Country
- South and Central America
- Brazil
- Argentina
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