The European artificial tears market is estimated to grow modestly, at a CAGR of around 4.2%, during the forecast period. Europe has a huge potential for the growth in the artificial tears market owing to the prevalence of cataracts and other eye diseases. As the number of cataract surgeries increases in the region, the demand for artificial tears for post-surgical use is expected to increase significantly in the coming years. This is expected to promote the growth of the market in Europe during the forecast period.
Request a free sample of our report on European Artificial Tears Market:https://www.omrglobal.com/request-sample/european-artificial-tears-market
UK, Spain, Germany, France, and Italy are the major economies of Europe that are contributing significantly towards the growth of the European artificial tears market. The European market is driven by numerous factors including the increasing average age of the population. Europe is a fully developed region in terms of technological advancement. According to the Eurostat, in 2017, approximately 19%, one-fifth of the EU population was aged 65 and over. Moreover, by 2080, the proportion of people aged 80 and over should more than double to reach 13% of the total population. In 2017, the population in the EU-28 was estimated at 511.5 million. Among this population, the young people (0-14 age group) consist of 15.6% of the total EU-28 population.
A full report of European Artificial Tears Market is available at: https://www.omrglobal.com/industry-reports/european-artificial-tears-market
The companies which are contributing to the growth of the European artificial tears market include Carl Zeiss Meditec AG, Essilor Group, Novartis International AG, Shire PLC, and Ziemer Ophthalmic Systems AG. The market players are considerably contributing to the market growth by the adoption of various strategies including new product launch, merger, and acquisition, collaborations with government, funding to the start-ups and technological advancements to stay competitive in the market.
Market Segmentation
European Artificial Tears Market by Type
Cellulose Derived Tears
Glycerin Derived Tears
Oil-Based Emulsion Tears
European Artificial Tears Market by Delivery Method
Artificial Eye Drops
Ointments
European Artificial Tears Market by Application
Dry Eyes Treatment
Contact Lens Moisture
Others
For more customized data, request for report customization @ https://www.omrglobal.com/report-customization/european-artificial-tears-market
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email:
[email protected]
Contact no: +1 646-755-7667, +91 780-304-0404