Latest Developments in the Eye Drops Market
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Eye drops are most often saline solutions with medications in them to treat various conditions of the eye. Sometimes, they contain no medication and are meant to lubricate the eyes or to rinse out foreign bodies. In an injured eye, artificial tears also promote surface healing, increase comfort by reducing the feeling of a surface scratch and flush out any residual contaminating or injurious particles. They prevent further damage by keeping the eye lubricated. Anti-allergic drops alleviate the burning and stinging of the eyes that is so common with allergies. During allergy season, this can mean the difference between complete misery and moderate comfort. The use of medicated eye drops reduces the chance of systemic side effects from the drugs used when applied correctly. Glaucoma drops reduce the risk of blindness in this condition by relieving the pressure inside the eye which could otherwise harm the sensitive retina.
The eye drops market comprises top players such as Getinge AB, LivaNova Plc, Medtronic Plc, Terumo Corp, Eurosets SRL, Nipro Medical Corp, Fresenius Akorn Operating Company LLC, Alcon AG, Pfizer Inc, Prestige Consumer Healthcare Inc., Rohto Pharmaceutical Co Ltd, Sager Pharma Kft, Similasan Corp, AbbVie Inc, Bausch & Lomb Inc, and Biomedica Pvt Ltd.
The companies listed above are implementing various strategies that have resulted in the company's growth and, in turn, have brought about various changes in the worldwide market. Additionally, the companies have adopted several inorganic and organic strategies for accelerating their growth and improving their market position.
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