According to the latest report by IMARC Group, titled “Latin America Dry Eye Syndrome Market Share: Industry Trends, Size, Growth, Opportunity and Forecast 2022-2027,” the market is expected to exhibit a CAGR of X% during 2022-2027.
Dry eye syndrome or keratoconjunctivitis sicca refers to a medical ailment characterized by numerous symptoms, including aching, discomfort, burning, redness, irritation in the eyes, etc. It is a chronic disease that occurs owing to the lack of adequate moisture on the surface of the eyes. Dry eye syndrome is also caused by menopause, allergies, vitamin deficiencies, autoimmune disorders, laser surgeries, excessive screen time, etc. It is treated by administering artificial tears, surgeries, medications, lacrimal plugs, etc. Furthermore, dry eye syndrome is preventable by wearing wraparound sunglasses or other protective eyewear.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Global Latin America Dry Eye Syndrome Market Trends:
The expanding geriatric population, who are more susceptible to chronic eye-related disorders, is one of the primary factors driving the Latin America dry eye syndrome market. In addition to this, the rising usage of contact lenses is further propelling the market growth. Moreover, various product innovations, such as the utilization of secretagogues and neurostimulation devices to stimulate the lacrimal gland temporarily to increase natural tear production, are acting as significant growth-inducing factors. Besides this, the growing usage of consumer electronic devices, including laptops, smartphones, televisions, etc., is also augmenting the regional market. Additionally, the inflating improvements in healthcare infrastructures and the development of advanced diagnostic technologies are projected to bolster the Latin America dry eye syndrome market over the forecasted period.
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Global Latin America Dry Eye Syndrome Market 2022-2027 Analysis and Segmentation:
The report has segmented the market on the basis on country, disease type, drug type, product, distribution channel.
Breakup by Disease Type:
- Evaporative
- Aqueous
Breakup by Drug Type:
- Anti-inflammatory Drugs
- Lubricant Eye Drops
- Autologous Serum Eye Drops
Breakup by Product:
- Liquid Drops
- Gel
- Liquid Wipes
- Eye Ointment
- Others
Breakup by Distribution Channel:
- Hospital Pharmacies
- Retail Pharmacies
- Online Pharmacies
Breakup by Country:
- Brazil
- Mexico
- Argentina
- Columbia
- Chile
- Peru
- Others
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
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