India Eye Drops and Lubricants Market, By Type; By Application; By Distribution Channel; By Region, Trend Analysis, Competitive Landscape & Forecast, 2019-2030

List of Tables

India Eye Drops and Lubricants Market Size to Surpass Value of USD 1 Billion by 2030

India Eye Drops and Lubricants Market is flourishing due to the increasing number of cases of dry eye syndrome, glaucoma, and diabetic retinopathy, the growing aging population with age-related eye issues, and the rise in screen time leading to more cases of dry eyes and eye strain.

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated India Eye Drops and Lubricants Market size by value at USD 786.12 million in 2023. During the forecast period between 2024 and 2030, BlueWeave expects India Eye Drops and Lubricants Market size to expand at a CAGR of 6.26% reaching a value of USD 1,045.89 million by 2030. The Eye Drops and Lubricants Market in India is propelled by the increasing cases of dry eye syndrome, glaucoma, and diabetic retinopathy, alongside an aging population with age-related eye concerns. Screen time contributes to rising instances of dry eyes and eye strain, boosting demand for lubricating eye drops. Studies highlight varying prevalence rates across regions, such as North India's 32% incidence of Dry Eye Disease (DED) with severe cases, contrasting with South India's 1.46% incidence but anticipating future increases. Urbanization, environmental factors, and diagnostic standards influence regional DED rates. This disparity underscores robust market potential for eye care products, enhanced by innovations like Nano emulsions and microneedle patches, and supported by government health initiatives like the NPCB&VI, driving market growth.

Opportunity - Launch of innovative products

In India, the eye care market is witnessing notable advancements in products aimed at addressing various eye-related issues. Innovations such as laser eye surgery offer permanent vision correction solutions, gaining popularity among consumers. Additionally, there is a growing availability of advanced contact lenses and spectacle frames equipped with cutting-edge features, catering to diverse consumer preferences. The market also embraces online platforms, facilitating convenient access to a wide range of eye care products like eye drops and lenses. These innovations not only reflect technological advancements but also cater to increasing consumer demand for effective and accessible eye care solutions in the country

Impact of Escalating Geopolitical Tensions on India Eye Drops and Lubricants Market

Intensifying geopolitical tensions can have a multifaceted impact on India Eye Drops and Lubricants Market. Uncertainties stemming from geopolitical instability can disrupt supply chains, leading to shortages in crucial laboratory equipment, reagents, and other essential medical supplies. Additionally, geopolitical instability can erode investor confidence and hamper market expansion efforts, potentially limiting the sector's growth potential. To maintain stability and sustain momentum in the face of these external uncertainties, adapting to the evolving geopolitical landscape becomes crucial. This can be achieved through supplier diversification, strategic stockpiling of raw materials, and the development of resilient business strategies.

India Eye Drops and Lubricants Market

Segmental Coverage

India Eye Drops and Lubricants Market - By Application

Based on application, India Eye Drops and Lubricants Market segmented into Eye Diseases, Eye Care, and Others (Contact Lens Care) segments. The eye diseases segment holds the highest share in India Eye Drops and Lubricants Market by application. The dominance is due to the widespread occurrence of various ocular conditions such as dry eye syndrome, allergies, infections, glaucoma, conjunctivitis, and refractive errors. Increasing awareness and diagnosis of these conditions, alongside advancements in treatment options like lubricating eye drops, contribute to rising demand. Manufacturers are actively innovating to cater to diverse patient needs, ensuring the efficacy and safety of products tailored to specific eye health concerns. This therapeutic focus underscores the segment's pivotal role in shaping India's market landscape for eye drops and lubricants.

Competitive Landscape

India Eye Drops and Lubricants Market is fragmented, with numerous players serving the market. The key players dominating India Eye Drops and Lubricants Market include Sun Pharmaceutical Industries Ltd, Allergan India Pvt Ltd (AbbVie Inc), Alcon Laboratories (India) Pvt Ltd, Cipla Ltd, Novartis India Ltd, Pfizer Ltd, Bausch & Lomb India Pvt Ltd, Dr Reddy's Laboratories Ltd, Lupin Pharmaceuticals Inc, Ajanta Pharma Ltd, Entod Pharmaceuticals Ltd, and Torrent Pharmaceuticals Ltd. The key marketing strategies adopted by the players are facility expansion, product diversification, alliances, collaborations, partnerships, and acquisitions to expand their customer reach and gain a competitive edge in the overall market.

The report's in-depth analysis provides information about growth potential, upcoming trends, and India Eye Drops and Lubricants Market statistics. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in India Eye Drops and Lubricants Market along with industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyses the growth drivers, challenges, and competitive dynamics of the market.

Product Code: BWC24521

1. Research Framework

1.1. Research Objective
1.2. Product Overview
1.3. Market Segmentation

2. Executive Summary

3. India Eye Drops and Lubricants Market Insights

3.1. Industry Value Chain Analysis
3.2. DROC Analysis
- 3.2.1. Growth Drivers
  - 3.2.1.1. Increased cases of dry eye syndrome, glaucoma, and diabetic retinopathy
  - 3.2.1.2. Growing ageing population with age-related eye issues
  - 3.2.1.3. Increased Screen Time leads to more cases of dry eyes and eye strain, raising demand for lubricating eye drops
- 3.2.2. Restrain
  - 3.2.2.1. Strict government regulations on product approval and safety can delay market entry for new players
  - 3.2.2.2. Cost-conscious Indian consumers may limit the adoption of premium eye drops
  - 3.2.2.3. Potential side effects associated with certain eye drops
- 3.2.3. Opportunities
  - 3.2.3.1. Expanding distribution networks to rural areas with limited access to eye care
  - 3.2.3.2. Growing awareness of eye care
  - 3.2.3.3. Innovation in products
- 3.2.4. Challenges
  - 3.2.4.1. Presence of counterfeit products
  - 3.2.4.2. Limited public healthcare expenditure can restrict access to eye care facilities
  - 3.2.4.3. Insufficient access to information and eye care professionals in rural areas
3.3. Technological Advancements/Recent Developments
3.4. Regulatory Framework
3.5. Porter's Five Forces Analysis
- 3.5.1. Bargaining Power of Suppliers
- 3.5.2. Bargaining Power of Buyers
- 3.5.3. Threat of New Entrants
- 3.5.4. Threat of Substitutes
- 3.5.5. Intensity of Rivalry

4. India Eye Drops and Lubricants Market: Marketing Strategies

5. India Eye Drops and Lubricants Market Overview

5.1. Market Size & Forecast, 2019-2030
- 5.1.1. By Value (USD Million)
5.2. Market Share & Forecast
- 5.2.1. By Type
  - 5.2.1.1. Antibiotics
  - 5.2.1.2. Hormones
  - 5.2.1.3. Artificial Tears
- 5.2.2. By Application
  - 5.2.2.1. Eye Diseases
  - 5.2.2.1.1. Dry Eye
  - 5.2.2.1.2. Glaucoma
  - 5.2.2.1.3. Conjunctivitis
  - 5.2.2.1.4. Refractive Errors
  - 5.2.2.2. Eye Care
  - 5.2.2.3. Others (Contact lens care)
- 5.2.3. By Distribution Channel
  - 5.2.3.1. Pharmacy Stores
  - 5.2.3.2. Online Retail
  - 5.2.3.3. Hospitals and Clinics
  - 5.2.3.4. Optical Stores
  - 5.2.3.5. Others (Direct Sales, Specialty Stores, Supermarkets and Hypermarkets etc.)
- 5.2.4. By Region
  - 5.2.4.1. North India
  - 5.2.4.2. South India
  - 5.2.4.3. East India
  - 5.2.4.4. West India

6. North India Eye Drops and Lubricants Market

6.1. Market Size & Forecast, 2019-2030
- 6.1.1. By Value (USD Million)
6.2. Market Share & Forecast
- 6.2.1. By Type
- 6.2.2. By Application
- 6.2.3. By Distribution Channel

7. South India Eye Drops and Lubricants Market

7.1. Market Size & Forecast, 2019-2030
- 7.1.1. By Value (USD Million)
7.2. Market Share & Forecast
- 7.2.1. By Type
- 7.2.2. By Application
- 7.2.3. By Distribution Channel

8. East India Eye Drops and Lubricants Market

8.1. Market Size & Forecast, 2019-2030
- 8.1.1. By Value (USD Million)
8.2. Market Share & Forecast
- 8.2.1. By Type
- 8.2.2. By Application
- 8.2.3. By Distribution Channel

9. West India Eye Drops and Lubricants Market

9.1. Market Size & Forecast, 2019-2030
- 9.1.1. By Value (USD Million)
9.2. Market Share & Forecast
- 9.2.1. By Type
- 9.2.2. By Application
- 9.2.3. By Distribution Channel

10. Competitive Landscape

10.1. List of Key Players and Their Offerings
10.2. India Eye Drops and Lubricants Company Market Share Analysis, 2023
10.3. Competitive Benchmarking, By Operating Parameters
10.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)

11. Impact of Escalating Geopolitical Tensions on India Eye Drops and Lubricants Market

12. Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)

12.1. Sun Pharmaceutical Industries Ltd
12.2. Allergan India Pvt Ltd (AbbVie Inc.)
12.3. Alcon Laboratories (India) Pvt Ltd
12.4. Cipla Ltd
12.5. Novartis India Ltd
12.6. Pfizer Ltd
12.7. Bausch & Lomb India Pvt Ltd
12.8. Dr. Reddy's Laboratories Ltd
12.9. Lupin Pharmaceuticals, Inc.
12.10. Ajanta Pharma Ltd
12.11. Entod Pharmaceuticals Ltd
12.12. Torrent Pharmaceuticals Ltd
12.13. Other Prominent Players

13. Key Strategic Recommendations

14. Research Methodology

14.1. Qualitative Research
- 14.1.1. Primary & Secondary Research
14.2. Quantitative Research
14.3. Market Breakdown & Data Triangulation
- 14.3.1. Secondary Research
- 14.3.2. Primary Research
14.4. Breakdown of Primary Research Respondents, By Region
14.5. Assumptions & Limitations

*Financial information of non-listed companies can be provided as per availability.

**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable.

Product Code: BWC24521

List of Figures

Figure 1 India Eye Drops and Lubricants Segmentation
Figure 2 India Eye Drops and Lubricants Market Value Chain Analysis
Figure 3 Company Market Share Analysis, 2023
Figure 4 India Eye Drops and Lubricants Market Size, By Value (USD Million), 2019-2030
Figure 5 India Eye Drops and Lubricants Market Share, By Types, By Value, 2019-2030
Figure 6 India Eye Drops and Lubricants Market Share, By Application, By Value, 2019-2030
Figure 7 India Eye Drops and Lubricants Market Share, By Distribution Channel, By Value, 2019-2030
Figure 8 North India Eye Drops and Lubricants Market Size, By Value (USD Million), 2019-2030
Figure 9 North India Eye Drops and Lubricants Market Share, By Types, By Value, 2019-2030
Figure 10 North India Eye Drops and Lubricants Market Share, By Application, By Value, 2019-2030
Figure 11 North India Eye Drops and Lubricants Market Share, By Distribution Channel, By Value, 2019-2030
Figure 12 South India Eye Drops and Lubricants Market Size, By Value (USD Million), 2019-2030
Figure 13 South India Eye Drops and Lubricants Market Share, By Types, By Value, 2019-2030
Figure 14 South India Eye Drops and Lubricants Market Share, By Application, By Value, 2019-2030
Figure 15 South India Eye Drops and Lubricants Market Share, By Distribution Channel, By Value, 2019-2030
Figure 16 East India Eye Drops and Lubricants Market Size, By Value (USD Million), 2019-2030
Figure 17 East India Eye Drops and Lubricants Market Share, By Types, By Value, 2019-2030
Figure 18 East India Eye Drops and Lubricants Market Share, By Application, By Value, 2019-2030
Figure 19 East India Eye Drops and Lubricants Market Share, By Distribution Channel, By Value, 2019-2030
Figure 20 West India Eye Drops and Lubricants Market Size, By Value (USD Million), 2019-2030
Figure 21 West India Eye Drops and Lubricants Market Share, By Types, By Value, 2019-2030
Figure 22 West India Eye Drops and Lubricants Market Share, By Application, By Value, 2019-2030
Figure 23 West India Eye Drops and Lubricants Market Share, By Distribution Channel, By Value, 2019-2030

List of Tables

Table 1 India Eye Drops and Lubricants Market Size, By Value (USD Million), 2019-2030
Table 2 India Eye Drops and Lubricants Market Share, By Types, By Value, 2019-2030
Table 3 India Eye Drops and Lubricants Market Share, By Application, By Value, 2019-2030
Table 4 India Eye Drops and Lubricants Market Share, By Distribution Channel, By Value, 2019-2030
Table 5 North India Eye Drops and Lubricants Market Size, By Value (USD Million), 2019-2030
Table 6 North India Eye Drops and Lubricants Market Share, By Types, By Value, 2019-2030
Table 7 North India Eye Drops and Lubricants Market Share, By Application, By Value, 2019-2030
Table 8 North India Eye Drops and Lubricants Market Share, By Distribution Channel, By Value, 2019-2030
Table 9 South India Eye Drops and Lubricants Market Size, By Value (USD Million), 2019-2030
Table 10 South India Eye Drops and Lubricants Market Share, By Types, By Value, 2019-2030
Table 11 South India Eye Drops and Lubricants Market Share, By Application, By Value, 2019-2030
Table 12 South India Eye Drops and Lubricants Market Share, By Distribution Channel, By Value, 2019-2030
Table 13 East India Eye Drops and Lubricants Market Size, By Value (USD Million), 2019-2030
Table 14 East India Eye Drops and Lubricants Market Share, By Types, By Value, 2019-2030
Table 15 East India Eye Drops and Lubricants Market Share, By Application, By Value, 2019-2030
Table 16 East India Eye Drops and Lubricants Market Share, By Distribution Channel, By Value, 2019-2030
Table 17 West India Eye Drops and Lubricants Market Size, By Value (USD Million), 2019-2030
Table 18 West India Eye Drops and Lubricants Market Share, By Types, By Value, 2019-2030
Table 19 West India Eye Drops and Lubricants Market Share, By Application, By Value, 2019-2030
Table 20 West India Eye Drops and Lubricants Market Share, By Distribution Channel, By Value, 2019-2030
Table 21 Sun Pharmaceutical Industries Ltd Company Overview
Table 22 Sun Pharmaceutical Industries Ltd Financial Overview
Table 23 Allergan India Pvt Ltd (AbbVie Inc.) Company Overview
Table 24 Allergan India Pvt Ltd (AbbVie Inc.) Financial Overview
Table 25 Alcon Laboratories (India) Pvt Ltd Company Overview
Table 26 Alcon Laboratories (India) Pvt Ltd Financial Overview
Table 27 Cipla Ltd Company Overview
Table 28 Cipla Ltd Financial Overview
Table 29 Novartis India Ltd Company Overview
Table 30 Novartis India Ltd Financial Overview
Table 31 Pfizer Ltd Company Overview
Table 32 Pfizer Ltd Financial Overview
Table 33 Bausch & Lomb India Pvt Ltd Company Overview
Table 34 Bausch & Lomb India Pvt Ltd Financial Overview
Table 35 Dr. Reddy's Laboratories Ltd Company Overview
Table 36 Dr. Reddy's Laboratories Ltd Financial Overview
Table 37 Lupin Pharmaceuticals, Inc. Company Overview
Table 38 Lupin Pharmaceuticals, Inc. Financial Overview
Table 39 Ajanta Pharma Ltd Company Overview
Table 40 Ajanta Pharma Ltd Financial Overview
Table 41 Entod Pharmaceuticals Ltd Company Overview
Table 42 Entod Pharmaceuticals Ltd Financial Overview
Table 43 Torrent Pharmaceuticals Ltd Company Overview
Table 44 Torrent Pharmaceuticals Ltd Financial Overview
Table 45 Other Prominent Players Company Overview
Table 46 Other Prominent Players Financial Overview

India Eye Drops and Lubricants Market, By Type; By Application; By Distribution Channel; By Region, Trend Analysis, Competitive Landscape & Forecast, 2019-2030

Description

Table of Contents

List of Tables

Table of Contents

1. Research Framework

2. Executive Summary

3. India Eye Drops and Lubricants Market Insights

4. India Eye Drops and Lubricants Market: Marketing Strategies

5. India Eye Drops and Lubricants Market Overview

6. North India Eye Drops and Lubricants Market

7. South India Eye Drops and Lubricants Market

8. East India Eye Drops and Lubricants Market

9. West India Eye Drops and Lubricants Market

10. Competitive Landscape

11. Impact of Escalating Geopolitical Tensions on India Eye Drops and Lubricants Market

12. Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)

13. Key Strategic Recommendations

14. Research Methodology

List of Figures

List of Tables