Demulcent Eye Drops Market Analysis

Demulcent Eye Drops Market Analysis

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The demulcent eye drops market is divided into polyols, dextran 70, polymers, cellulose derivatives, and others, based on active pharmaceutical ingredient types. The polyols segment crossed USD 550 million in 2021. The cases of digital eye strain is rising as a result of the growing usage of electronic gadgets. Furthermore, a notable rise in retinal diseases and eye treatments has stimulated segment share.
 

Depending on drug formulation, the demulcent eye drops market is segmented into preservative based and non-preservative-based products. The non-preservative-based segment is set to surpass USD 1 billion by 2030. Preservatives such as sodium chlorite, benzalkonium chloride (BAK), etc. are used in eye drop formulations which are harmful at times.
 

The non-preservative-based demulcent eye drops segment is expected to develop in the forthcoming years owing to consumer preference for product due to the growing awareness of the eye-health risks caused by preservatives.
 

The market is categorized into over the counter (OTC) and prescriptions, as per medication type. The OTC segment exceeded USD 1 billion in 2021. Over-the-counter medications are the ones that may be purchased without a prescription, ensuring easier access to pharmaceuticals. Increased availability and accessibility of demulcent eye drops to the general public through OTC is impelling the segment demand.
 

In terms of distribution channel, worldwide demulcent eye drops market is categorized into retail pharmacies, online pharmacies, and hospital pharmacies. The retail pharmacies segment held more than 50% business share in 2021 and is projected to record significant growth rate over the study period. The availability of affordable demulcent eye drops at retail medical stores and the rising acceptance of over-the-counter products are giving push to the industry value.
 

Europe demulcent eye drops market is anticipated to surpass USD 875 million by 2030. This is due to growing elderly population base and the significant increase in the patients suffering from dry eye disease in the European nations. The product demand will soar in the coming years, resulting from the consequences of DED such as corneal ulcers, vision loss, and decreased quality of life.