Saudi Arabia eye drops market is bound to experience impressive growth with anticipated CAGR in the forecast period, 2023-2027, on account of rising instances of eye infection. The population at large is experiencing the adverse effects of industrialization. The toxic gases, along with the harmful elements, are spread widely and create a harmful and painful eye irritant atmosphere. These irritants cause severe damage to the eyes and might lead to eye inflammation, eye allergy, etc. Thus, the factor is actively driving the growth of the Saudi Arabia eye drops market.

Moreover, the availability of the various eye drops that are used for the treatments is driving the growth of the market. Along with the rising ophthalmic disorders, drug discoveries and development are anticipated to support the Saudi Arabia eye drops market in the next five years. The pharmaceutical companies and research institutes in the drug discovery sector are rapidly increasing. With surging demands from the healthcare industry, research and development are rapidly increasing and evolving. The technological advancement is supporting the advancement of the eye drops and better products that would support the consumer demands and further substantiate the growth of the Saudi Arabia eye drops market in the future five years of the forecast, until 2027.

The Saudi Arabia eye drops market is segmented by type, drug class, disease indication, distribution channel, end-user, competitional landscape, and regional distribution. Based on drug class, the market is further sub-segmented into antiallergy, anti-inflammatory, antiglaucoma, anti-VEGF, and others. Antiallergy drugs are anticipated to hold the largest revenue shares of the market ad assert their dominance over the market on account of rising instances of allergic reactions and causing eye infections.

Moreover, the worsening conditions of the environment and the rising presence of toxic gases and elements in the air are further driving the growth of the allergy drug segment in the upcoming five years. Additionally, antiallergy drugs are often available as over counter drugs and are easily accessible. These factors are actively supporting the growth of the Saudi Arabia eyes drops market in the next five years. Antiglaucoma is anticipated to register the fastest growing CAGR on account rising number of patients suffering from diabetes and glucose-related diseases. The infection and presence of excess glucose spread through the eye and develop eye diseases. Furthermore, rising cases of glaucoma, cataract is also driving the growth of the Saudi Arabia eye drops market in the future five years of forecast.

A partial list of market players in the Saudi Arabia eye drops market includes Amman Pharma, Jamjoom Pharma, Riyadh Pharma, Orchidia Pharmaceutical Industries, Pfizer Saudi Limited, Sanofi Aventis Arabia Company Limited, Tabuk Pharmaceuticals Manufacturing Co., Novartis Saudi Arabia, Alcon Saudi Arabia, Johnson & Johnson Saudi Arabia, among others. These market players hold larger shares of the market than the new market players.

With the evolving technology, it is appropriate to say that the effective research and development of technologically advanced instruments and methods to satisfy consumer demands would support the market growth and benefit the market players as well as the consumers. New market players may focus on the research and development to provide such products and services that satisfy the consumer demand as well as benefits the market players in building their brand value. Other competitive strategies include mergers & acquisitions and new product developments.

Objective of the Study:

  • To analyze the historical growth of the market size of Saudi Arabia eye drops market from 2017 to 2020.
  • To estimate and forecast the market size of Saudi Arabia eye drops market from 2021 to 2027 and growth rate until 2027. 
  • To classify and forecast Saudi Arabia eye drops market based on type, drug class, disease indication, distribution channel, end user, competitional landscape, and regional distribution.
  • To identify dominant region or segment in the Saudi Arabia eye drops market.
  • To identify drivers and challenges for Saudi Arabia eye drops market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Saudi Arabia eye drops market.
  • To identify and analyze the profile of leading players operating in Saudi Arabia eye drops market.
  • To identify key sustainable strategies adopted by market players in Saudi Arabia eye drops market.


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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers, suppliers, and service providers across the country. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufactures which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufactures, distribution channels and presence of all major players across the country.

TechSci Research calculated the market size of Saudi Arabia eye drops market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

  • Eye drops manufacturers, end users, and other stakeholders
  • Distributors and suppliers of the products and other stakeholders
  • Organizations, forums, and alliances related to eye drops
  • Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Attribute

Details

Base Year

2021

Historical Data

2017 – 2020

Estimated Year

2022

Forecast Period

2023 – 2027

Quantitative Units

Revenue in USD Million and CAGR for 2017-2021 and 2022-2027

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments covered

·         Type

·         Drug Class

·         Disease Indication

·         Distribution Channel

·         End User

Regional scope

Northern & Central; Southern; Eastern; Western

Key companies profiled

Amman Pharma, Jamjoom Pharma, Riyadh Pharma, Orchidia Pharmaceutical Industries, Pfizer Saudi Limited, Sanofi Aventis Arabia Company Limited, Tabuk Pharmaceuticals Manufacturing Co., Novartis Saudi Arabia, Alcon Saudi Arabia, Johnson & Johnson Saudi Arabia.

Customization scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Report Scope:

In this report, Saudi Arabia eye drops market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Saudi Arabia Eye Drops Market, By Type:

o   Prescription

o   Over-The-Counter

  • Saudi Arabia Eye Drops Market, By Drug Class:
    • Antiallergy
    • Anti-inflammatory
    • Antiglaucoma
    • Anti-VEGF
    • Others
  • Saudi Arabia Eye Drops Market, By Disease Indication:
    • Dry Eye Diseases
    • Glaucoma
    • Eye Allergy
    • Eye Infections
    • Retinal Disorders
    • Others
  • Saudi Arabia Eye Drops Market, By Distribution Channel:
    • Hospitals Pharmacy
    • Retail Pharmacy
    • Online Pharmacy
  • Saudi Arabia Eye Drops Market, By End User:
    • Hospitals & Clinics
    • Homecare
    • Others
  • Saudi Arabia Eye Drops Market, By Region:
    • Northern & Central
    • Southern
    • Eastern
    • Western

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Saudi Arabia eye drops market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).
Saudi Arabia Eye drops Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

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1.    Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on Saudi Arabia Eye Drops Market

4.    Executive Summary

5.    Voice of Customer

6.    Saudi Arabia Eye Care Market Overview

7.    Saudi Arabia Eye Drops Market Outlook

7.1.  Market Size & Forecast

7.1.1.     By Value

7.2.  Market Share & Forecast

7.2.1.     By Type (Prescription v/s Over-The-Counter)

7.2.2.     By Drug Class (Antiallergy, Anti-inflammatory, Antiglaucoma, Anti-VEGF, Others)

7.2.3.     By Disease Indication (Dry Eye Diseases, Glaucoma, Eye Allergy, Eye Infections, Retinal Disorders, Others)

7.2.4.     By Distribution Channel (Hospitals Pharmacy, Retail Pharmacy, Online Pharmacy)

7.2.5.     By End User (Hospitals & Clinics, Homecare, Others)

7.2.6.     By Region

7.2.7.     By Company (2021)

7.3.  Product Market Map

8.    Saudi Arabia Prescription Eye Drops Market Outlook

8.1.  Market Size & Forecast          

8.1.1.     By Value

8.2.  Market Share & Forecast

8.2.1.     By Drug Class

8.2.2.     By Disease Indication

8.2.3.     By Distribution Channel

8.2.4.     By End User

9.    Saudi Arabia Over-The-Counter Eye Drops Market Outlook

9.1.  Market Size & Forecast          

9.1.1.     By Value

9.2.  Market Share & Forecast

9.2.1.     By Drug Class

9.2.2.     By Disease Indication

9.2.3.     By Distribution Channel

9.2.4.     By End User

10.  Market Dynamics

10.1.              Drivers

10.2.              Challenges

11.  Market Trends & Developments

12.  Policy & Regulatory Landscape

13.  Import-Export Analysis

14.  Saudi Arabia Economic Profile

15.  Competitive Landscape

15.1.              Competition Outlook

15.2.              Company Profiles

15.2.1.  Amman Pharma

15.2.2.  Jamjoom Pharma

15.2.3.  Riyadh Pharma

15.2.4.  Orchidia Pharmaceutical Industries

15.2.5.  Pfizer Saudi Limited

15.2.6.  Sanofi Aventis Arabia Company Limited

15.2.7.  Tabuk Pharmaceuticals Manufacturing Co

15.2.8.  Novartis Saudi Arabia

15.2.9.  Alcon Saudi Arabia

15.2.10.                Johnson & Johnson Saudi Arabia

16.  Strategic Recommendations

In case you don’t find what you are looking for, please get in touch with our custom research team at [email protected]