Transparency Market Research has published a new report, titled “Dry Eye Syndrome Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2024.” Dry eye syndrome is becoming an increasingly common eye disorder worldwide and this is anticipated to fuel the demand for dry eye syndrome treatment. This disorder is especially extremely common in old age and therefore the growth in the geriatric population is proving to be a supportive factor which is driving the growth of the global dry eye syndrome market. With age, there is a considerable decrease in tear production which in turn causes dry eye syndrome or keratoconjunctivitis sicca or the inability of the eyes to lubricate itself by producing tear fluid. Another Factor which is favouring the demand for dry eye syndrome treatment is the growing number of contact lenses users. Regular users of contact lenses are increasingly known to suffer from dry eye syndrome, driving the growth of this market.
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As dry eye syndrome if left untreated can be irreversible if the condition is extremely severe, it is extremely important that it be treated as early as possible. Today with the combination of steroid eye drops, artificial tears, punctal plugs, and compressors, it is possible to treat dry eyes syndrome. Audi A4 mentioned treatment options have different mechanisms. Steroid drops help in soothing the inflammation around the eye and this in turn stimulates natural production of tears, artificial tears can eliminate the deficiency of natural tears by lubricating the eyes, punctal compressors boost the activity of glands which are responsible for the production of tears, and punctal plugs helps in prolonging the period of tears on the surface of the eye. The combination of any of these therapies most likely can treat dry eye syndrome successfully.
An important factor behind the high prevalence of dry eye syndrome is the growing incidences of diabetes, thyroid disorders, lupus, and rheumatoid arthritis. The presence of these health conditions can be responsible for causing dry eye syndrome. A lack of vitamin E can also cause dry eye syndrome. The market for dry eye syndrome is growing on account of the raising awareness regarding this disorder. While a large number of patients ignore the syndrome, growing realization that the early diagnosis and treatment of dry eye syndrome can speed up the curing process and eliminate it is anticipated to help this market to grow. This market also receives support from the government as medical research funded by the government has led to the development of several treatment options on the other hand self-medication practices by patients is expected to. In addition to this, the patent expiration of several popular and major drugs will also impacts the market in a negative manner.
In terms of geography, North America is expected to lead in the dry eye syndrome market on account of the rising prevalence of lifestyle disorders among its population which in turn can result in contracting the dry eye syndrome. Asia-pacific is anticipated to emerge as another promising market for dry eye syndrome on account of the rising patient population as well as support received from government for conducting researches.