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Latin America Dry Eye Syndrome Market to Reach US$ 339.1 Million by 2027, Impelled by Changing Lifestyle Patterns of Masses

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Latin America Dry Eye Syndrome Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The Latin America dry eye syndrome market is expected to exhibit a CAGR of X% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor

Dry eye syndrome, or keratoconjunctivitis sicca (KCS), is a medical ailment characterized by various symptoms, such as aching, discomfort, burning, redness, photophobia and irritation in the eyes. It is a chronic disorder that occurs due to the lack of adequate moisture or lubrication on the surface of the eyes. It can be treated by administering artificial tears, surgeries, medications and lacrimal plugs. Dry eye syndrome can be caused due to multiple factors, such as menopause, allergies, vitamins deficiencies, autoimmune disorders, laser surgeries and excessive screen time. It can also be prevented by wearing wraparound sunglasses or other protective eyewear.

 

 
 

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The growth in the Latin America dry eye syndrome market can be attributed to the rising geriatric population, which is prone to chronic eye-related disorders. Dry eye syndrome is associated with various medical conditions, such as diabetes, Sjogren's syndrome, arthritis, thyroid disorders, lupus and scleroderma, which are highly prevalent in elderly patients. In addition to this, the widespread utilization of contact lenses is also increasing the occurrence of dry eye syndrome. The material of the contact lens inhibits the oxygen flow to the cornea and dries up the surface of the eyes. However, various product innovations, such as the utilization of secretagogues and neurostimulation devices to stimulate the lacrimal gland temporarily and increase the natural tear production, are providing a thrust to the market growth. In line with this, the increasing utilization of electronics, such as laptops, smartphones and television, which is leading to prolonged and excessive screen time, is also impacting the market growth. Other factors, including significant improvements in the healthcare infrastructure and diagnostic technologies, along with lack of physical activities among the masses resulting in increased oxidative stress, are creating a positive outlook for the market.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the Latin America dry eye syndrome market, along with forecasts at the country and regional level from 2022-2027. Our report has categorized the market based on disease type, drug type, product and distribution channel.

Breakup by Disease Type:

  • Evaporative
  • Aqueous
     

Breakup by Drug Type:

  • Anti-inflammatory Drugs
  • Lubricant Eye Drops
  • Autologous Serum Eye Drops
     

Breakup by Product:

 

 
 

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  • Liquid Drops
  • Gel
  • Liquid Wipes
  • Eye Ointment
  • Others
     

Breakup by Distribution Channel:

  • Hospital Pharmacies
  • Retail Pharmacies
  • Online Pharmacies
     

Breakup by Country:

  • Brazil
  • Mexico
  • Argentina
  • Colombia
  • Chile
  • Peru
  • Others
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Million
Segment Coverage Disease Type, Drug Type, Product, Distribution Channel, Country
Countries Covered Brazil, Mexico, Argentina, Colombia, Chile, Peru
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

1    Preface
2    Scope and Methodology 
    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction
    4.1    Overview
    4.2    Key Industry Trends
5    Latin America Dry Eye Syndrome Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Disease Type 
    6.1    Evaporative Dry Eye Syndrome 
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Aqueous Dry Eye Syndrome
        6.2.1 Market Trends
        6.2.2 Market Forecast
7    Market Breakup by Drug Type
    7.1    Anti-inflammatory Drugs
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Lubricant Eye Drops
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Autologous Serum Eye Drops 
        7.3.1 Market Trends
        7.3.2 Market Forecast
8    Market Breakup by Product
    8.1    Liquid Drops 
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Gel 
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Liquid Wipes 
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    Eye Ointment 
        8.4.1 Market Trends
        8.4.2 Market Forecast
    8.5    Others
        8.5.1 Market Trends
        8.5.2 Market Forecast
9    Market Breakup by Distribution Channel
    9.1    Hospital Pharmacies
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    Retail Pharmacies
        9.2.1 Market Trends
        9.2.2 Market Forecast
    9.3    Online Pharmacies 
        9.3.1 Market Trends
        9.3.2 Market Forecast
10    Market Breakup by Country
    10.1    Brazil
        10.1.1 Market Trends
        10.1.2 Market Breakup by Disease Type
        10.1.3 Market Breakup by Drug Type
        10.1.4 Market Breakup by Product
        10.1.5 Market Breakup by Distribution Channel
        10.1.6 Market Forecast
    10.2    Mexico
        10.2.1 Market Trends
        10.2.2 Market Breakup by Disease Type
        10.2.3 Market Breakup by Drug Type
        10.2.4 Market Breakup by Product
        10.2.5 Market Breakup by Distribution Channel
        10.2.6 Market Forecast
    10.3    Argentina
        10.3.1 Market Trends
        10.3.2 Market Breakup by Disease Type
        10.3.3 Market Breakup by Drug Type
        10.3.4 Market Breakup by Product
        10.3.5 Market Breakup by Distribution Channel
        10.3.6 Market Forecast
    10.4    Colombia
        10.4.1 Market Trends
        10.4.2 Market Breakup by Disease Type
        10.4.3 Market Breakup by Drug Type
        10.4.4 Market Breakup by Product
        10.4.5 Market Breakup by Distribution Channel
        10.4.6 Market Forecast
    10.5     Chile
        10.5.1 Market Trends
        10.5.2 Market Breakup by Disease Type
        10.5.3 Market Breakup by Drug Type
        10.5.4 Market Breakup by Product
        10.5.5 Market Breakup by Distribution Channel
        10.5.6 Market Forecast
    10.6    Peru
        10.6.1 Market Trends
        10.6.2 Market Breakup by Disease Type
        10.6.3 Market Breakup by Drug Type
        10.6.4 Market Breakup by Product
        10.6.5 Market Breakup by Distribution Channel
        10.6.6 Market Forecast 
    10.7    Others
        10.7.1 Market Trends
        10.7.2 Market Breakup by Disease Type
        10.7.3 Market Breakup by Drug Type
        10.7.4 Market Breakup by Product
        10.7.5 Market Breakup by Distribution Channel
        10.7.6 Market Forecast
11    SWOT Analysis
    11.1    Overview
    11.2    Strengths
    11.3    Weaknesses
    11.4    Opportunities
    11.5    Threats
12    Value Chain Analysis
13    Porters Five Forces Analysis
    13.1    Overview
    13.2    Bargaining Power of Buyers
    13.3    Bargaining Power of Suppliers
    13.4    Degree of Competition
    13.5    Threat of New Entrants
    13.6    Threat of Substitutes
14    Price Indicators
15    Policy and Regulatory Landscape    
16    Competitive Landscape
    16.1    Market Structure
    16.2    Key Players
    16.3    Profiles of Key Players

List of Figures

Figure 1: Latin America: Dry Eye Syndrome Market: Major Drivers and Challenges
Figure 2: Latin America: Dry Eye Syndrome Market: Sales Value (in Million US$), 2016-2021
Figure 3: Latin America: Dry Eye Syndrome Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 4: Latin America: Dry Eye Syndrome Market: Breakup by Disease Type (in %), 2021
Figure 5: Latin America: Dry Eye Syndrome Market: Breakup by Drug Type (in %), 2021
Figure 6: Latin America: Dry Eye Syndrome Market: Breakup by Product (in %), 2021
Figure 7: Latin America: Dry Eye Syndrome Market: Breakup by Distribution Channel (in %), 2021 
Figure 8: Latin America: Dry Eye Syndrome Market: Breakup by Country (in %), 2021
Figure 9: Latin America: Dry Eye Syndrome (Evaporative) Market: Sales Value (in Million US$), 2016 & 2021
Figure 10: Latin America: Dry Eye Syndrome (Evaporative) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: Latin America: Dry Eye Syndrome (Aqueous) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: Latin America: Dry Eye Syndrome (Aqueous) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: Latin America: Dry Eye Syndrome (Anti-inflammatory Drugs) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Latin America: Dry Eye Syndrome (Anti-inflammatory Drugs) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: Latin America: Dry Eye Syndrome (Lubricant Eye Drops) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Latin America: Dry Eye Syndrome (Lubricant Eye Drops) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: Latin America: Dry Eye Syndrome (Autologous Serum Eye Drops) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: Latin America: Dry Eye Syndrome (Autologous Serum Eye Drops) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: Latin America: Dry Eye Syndrome (Liquid Drops) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: Latin America: Dry Eye Syndrome (Liquid Drops) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: Latin America: Dry Eye Syndrome (Gel) Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: Latin America: Dry Eye Syndrome (Gel) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: Latin America: Dry Eye Syndrome (Liquid Wipes) Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: Latin America: Dry Eye Syndrome (Liquid Wipes) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: Latin America: Dry Eye Syndrome (Eye Ointment) Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: Latin America: Dry Eye Syndrome (Eye Ointment) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: Latin America: Dry Eye Syndrome (Other Product Types) Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: Latin America: Dry Eye Syndrome (Other Product Types) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: Latin America: Dry Eye Syndrome (Hospital Pharmacies) Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: Latin America: Dry Eye Syndrome (Hospital Pharmacies) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: Latin America: Dry Eye Syndrome (Retail) Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: Latin America: Dry Eye Syndrome (Retail) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: Latin America: Dry Eye Syndrome (Online Pharmacies) Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: Latin America: Dry Eye Syndrome (Online Pharmacies) Market Forecast: Sales Value (in Million US$), 2022-2027 
Figure 35: Brazil: Dry Eye Syndrome Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: Brazil: Dry Eye Syndrome Market: Breakup by Disease Type (in %), 2021
Figure 37: Brazil: Dry Eye Syndrome Market: Breakup by Drug Type (in %), 2021
Figure 38: Brazil: Dry Eye Syndrome Market: Breakup by Product (in %), 2021
Figure 39: Brazil: Dry Eye Syndrome Market: Breakup by Distribution Channel (in %), 2021
Figure 40: Brazil: Dry Eye Syndrome Market: Breakup by End-Use Industry (in %), 2021
Figure 41: Brazil: Dry Eye Syndrome Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: Mexico: Dry Eye Syndrome Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: Mexico: Dry Eye Syndrome Market: Breakup by Disease Type (in %), 2021
Figure 44: Mexico: Dry Eye Syndrome Market: Breakup by Drug Type (in %), 2021
Figure 45: Mexico: Dry Eye Syndrome Market: Breakup by Product (in %), 2021
Figure 46: Mexico: Dry Eye Syndrome Market: Breakup by Distribution Channel (in %), 2021
Figure 47: Mexico: Dry Eye Syndrome Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: Argentina: Dry Eye Syndrome Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: Argentina: Dry Eye Syndrome Market: Breakup by Disease Type (in %), 2021
Figure 50: Argentina: Dry Eye Syndrome Market: Breakup by Drug Type (in %), 2021
Figure 51: Argentina: Dry Eye Syndrome Market: Breakup by Product (in %), 2021
Figure 52: Argentina: Dry Eye Syndrome Market: Breakup by Distribution Channel (in %), 2021
Figure 53: Argentina: Dry Eye Syndrome Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: Colombia: Dry Eye Syndrome Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: Colombia: Dry Eye Syndrome Market: Breakup by Disease Type (in %), 2021
Figure 56: Colombia: Dry Eye Syndrome Market: Breakup by Drug Type (in %), 2021
Figure 57: Colombia: Dry Eye Syndrome Market: Breakup by Product (in %), 2021
Figure 58: Colombia: Dry Eye Syndrome Market: Breakup by Distribution Channel (in %), 2021
Figure 59: Colombia: Dry Eye Syndrome Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: Chile: Dry Eye Syndrome Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: Chile: Dry Eye Syndrome Market: Breakup by Disease Type (in %), 2021
Figure 62: Chile: Dry Eye Syndrome Market: Breakup by Drug Type (in %), 2021
Figure 63: Chile: Dry Eye Syndrome Market: Breakup by Product (in %), 2021
Figure 64: Chile: Dry Eye Syndrome Market: Breakup by Distribution Channel (in %), 2021
Figure 65: Chile: Dry Eye Syndrome Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: Peru: Dry Eye Syndrome Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: Peru: Dry Eye Syndrome Market: Breakup by Disease Type (in %), 2021
Figure 68: Peru: Dry Eye Syndrome Market: Breakup by Drug Type (in %), 2021
Figure 69: Peru: Dry Eye Syndrome Market: Breakup by Product (in %), 2021
Figure 70: Peru: Dry Eye Syndrome Market: Breakup by Distribution Channel (in %), 2021
Figure 71: Peru: Dry Eye Syndrome Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: Others: Dry Eye Syndrome Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: Others: Dry Eye Syndrome Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 74: Latin America: Dry Eye Syndrome Industry: SWOT Analysis
Figure 75: Latin America: Dry Eye Syndrome Industry: Value Chain Analysis
Figure 76: Latin America: Dry Eye Syndrome Industry: Porter’s Five Forces Analysis

List of Tables

Table 1: Latin America: Dry Eye Syndrome Market: Key Industry Highlights, 2021 and 2027
Table 2: Latin America: Dry Eye Syndrome Market Forecast: Breakup by Disease Type (in Million US$), 2022-2027
Table 3: Latin America: Dry Eye Syndrome Market Forecast: Breakup by Drug Type (in Million US$), 2022-2027
Table 4: Latin America: Dry Eye Syndrome Market Forecast: Breakup by Product (in Million US$), 2022-2027
Table 5: Latin America: Dry Eye Syndrome Market Forecast: Breakup by Distribution Channel (in Million US$), 2022-2027
Table 6: Latin America: Dry Eye Syndrome Market Forecast: Breakup by Country (in Million US$), 2022-2027
Table 7: Latin America: Dry Eye Syndrome Market: Competitive Structure
Table 8: Latin America: Dry Eye Syndrome Market: Key Players


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Key Questions Answered in This Report

The Latin America dry eye syndrome market was valued at US$ 231.9 Million in 2021.

We expect the Latin America dry eye syndrome market to exhibit a CAGR of 6.20% during 2022-2027.

The high prevalence of dry eye syndrome as a common symptom for numerous medical ailments, such
as Sjogren’s syndrome, lupus, scleroderma, rheumatoid arthritis, etc., is primarily driving the Latin
America dry eye syndrome market.

The sudden outbreak of the COVID-19 pandemic had led to a severe decline in hospital or clinic visits for
mitigating the risk of coronavirus infection, thereby negatively impacting the demand for dry eye
syndrome diagnosis and treatment procedures across several nations of Latin America.

Based on the disease type, the Latin America dry eye syndrome market has been segmented into
evaporative and aqueous. Currently, evaporative disease holds the majority of the total market share.

Based on the drug type, the Latin America dry eye syndrome market can be divided into anti-
inflammatory drugs, lubricant eye drops, and autologous serum eye drops. Among these, anti-
inflammatory drugs currently exhibit a clear dominance in the market.

Based on the product, the Latin America dry eye syndrome market has been categorized into liquid
drops, gel, liquid wipes, eye ointment, and others. Currently, liquid drops account for the majority of the
total market share.

Based on the distribution channel, the Latin America dry eye syndrome market can be bifurcated into
hospital pharmacies, retail pharmacies, and online pharmacies. Among these, hospital pharmacies hold
largest market share.

On a regional level, the market has been classified into Brazil, Mexico, Argentina, Columbia, Chile, Peru,
and others, where Brazil currently dominates the Latin America dry eye syndrome market.

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