Selective Expansion To Contribute For Discreteness Of The Eye Health Products Market

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Eye Health Products Market
Report Id PMRREP5465 Category Life Science
Healthcare
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Selective Expansion To Contribute For
Discreteness Of The Eye Health Products Market

• Rising prevalence age-related macular
  degeneration (AMD), cataract, etc., are expected
  to a fuel the growth of the eye health
  supplements market. Also, increasing adoption of
  eye supplements as preventive medication among
  the aging population is further expected to
  propel the eye health supplements market.
  Besides, the availability of a variety of
  effective eye health supplements with a refined
  distribution network across the world is also
  expected to aid market growth over the forecast
  period. Increasing demand for eye health
  supplements in developed regions such as
  countries in Europe with a higher proportion of
  the aging population is further expected to
  generate significant opportunity for players in
  the global eye health supplements market.
• Increasing investments toward product research
  development with collaboration with various local
  distribution networks by key stakeholders in the
  eye health supplements market is expected to
  boost market growth.
• The global eye health supplements market was
  valued at US 2 Bn in 2019, and is expected to
  exhibit a CAGR of 6 over the forecast period
  (20192029).

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Launching Products - Imperative Strategy
for Market Players
Market introduction of new products as per
disease need is the major factor responsible for
intense competition among market players in the
global eye health supplements market. Several
companies are focusing on launching
preservative-free solutions to increase their
product sales and expand market share. For
example, in June 2018, Bausch Lomb, a
subsidiary of Valeant Pharmaceuticals
International, launched preservative-free
lubricant eye drops - Soothe Xtra Protection - to
meet the growing issue of dry eye
disorder. Persistence Market Research offers a
unique perspective and actionable insights on the
eye health supplements market in its latest
study, presenting historical demand assessment of
20142018 and projections for 20192029, based on
ingredient (lutein and zeaxanthin, antioxidants,
omega-3 fatty acids, coenzyme q10, flavonoids,
astaxanthin, alpha-lipoic acid, and other
ingredients), disease indication (age-related
macular degeneration (AMD), cataract, dry eye
syndrome, and other indications), and form
(tablets, capsules, and others), across seven key
regions.
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