Preservative-Free Eye Drops Market Scope and Analysis by 2030
Preservative-Free Eye Drops Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2022 | US$ 1,129.60 Million |
Market Size by 2030 | US$ 1,587.66 Million |
Global CAGR (2022 - 2030) | 4.3% |
Historical Data | 2020-2022 |
Forecast period | 2022-2030 |
Segments Covered |
By Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Industry Developments and Future Opportunities:
The preservative-free eye drops market forecastcan help stakeholders plan their growth strategies. Initiatives taken by companies operating in the global market are listed below:
- In July 2023, Bausch + Lomb acquired the Blink product line from Johnson & Johnson Vision for US$ 106.5 million in cash. The acquisition expands the company's over-the-counter product portfolio in eye care. The Blink portfolio of eye drops contains various eye drops and contact lens rewetting drops, including Blink tears preservative-free lubricating eye drops, which offer immediate and long-lasting symptom relief.
Competitive Landscape and Key Companies:
Nemera, Alcon Inc., Bausch & Lomb Incorporated, Eyekare Kilitch Ltd., Essex Bio-Technology Limited, Pillar5 Pharma Inc., Ivizia, Allergan PLC, CorneaCare Inc., and Bayer are among the prominent players profiled in the preservative-free eye drops market report. These companies focus on introducing new high-tech products, upgrading their existing products, and expanding their geographic presence to meet the growing consumer demand worldwide.