Market Overview:
The global homeopathic eye drops market is expected to register a CAGR of 7.5% during the forecast period, 2018-2030. The market growth can be attributed to the increasing prevalence of eye disorders and the growing awareness about homeopathy as an alternative treatment option. Based on type, the global homeopathic eye drops market is segmented into euphrasia eye drop, cineraria eye drop, and others. The euphrasiaeye drop segment is expected to register a higher CAGR during the forecast period owing to its high efficacy in treating various ocular problems such as conjunctivitis, blepharitis, and dry eyes syndrome. Based on application, the global homeopathic eyetropesmarket is segmented into hospitals, clinics,, and others.
Product Definition:
Homeopathic eye drops are a type of medication that is used to help treat various conditions that affect the eyes. These drops can help to relieve symptoms such as redness, irritation, and inflammation. They can also be used to help treat other conditions such as dry eye syndrome. Homeopathic eye drops are made from natural ingredients, which makes them a safer choice than some other types of eye drops. They are also known for their gentle and calming effects on the eyes.
Euphrasia Eye Drop:
Euphrasia is a homeopathic medicine used for the treatment of eye inflammation, redness and itching. It's active ingredient stimulates blood flow to the eyes and reduces swelling & puffiness. According to Homeopathy Trust, it's one of the most popular homeopathic medicines in Europe with over 200 million users annually.
Cineraria Eye Drop:
Cineraria is a homeopathic remedy used for the treatment of dry eyes. It helps in increasing tear production and decreasing tear film instability. According to NCBI, around 30 million people in the U.S alone suffer from dry eye disease symptoms which include burning sensation, itching sensation and redness of eyes along with blurred vision. Increasing R&D activities by pharmaceutical companies coupled with rising awareness levels among patients are expected to drive the global market over the forecast period.
Application Insights:
The others segment held the largest share of more than 70.0% in 2017. The application of homeopathic eye drops other than Hospitals, Clinics and Others includes OPDs and Specialty Stores. In most of the countries, homeopathy is considered as an alternative medicine for treating visual impairment caused by various diseases such as cataract, glaucoma or AMD (age-related macular degeneration). Therefore, majority of the patients prefer to seek treatment from a homeopath instead of going to a hospital or specialty store for purchasing these drops due to their high cost. This trend is expected to continue over the forecast period owing to increasing awareness about these diseases among people around the world especially in developed countries like U.S., Canada and U.K.
Regional Analysis:
Europe dominated the global homeopathic eye drops market in 2017. The presence of a large number of homeopathy practitioners and hospitals that use only homeopathic medicines for treatment is one of the major factors contributing to this dominance. In addition, favorable reimbursement policies provided by national health insurance providers are also expected to boost the demand for these drops over the forecast period.
Asia Pacific is expected to witness lucrative growth during the forecast period owing to an increase in awareness about alternative medicine and rising incidences of ophthalmic disorders coupled with increasing disposable income levels among people. Moreover, growing medical tourism industry due to low treatment costs in countries such as India, China, Singapore and Malaysia are some other factors driving regional growth over the next eight years.
Growth Factors:
- Increasing awareness about the benefits of homeopathic eye drops among consumers.
- Rising demand for natural and organic products across the globe.
- Growing number of online retailers selling homeopathic eye drops products.
- Availability of a wide variety of homeopathic eye drop products in the market.
Scope Of The Report
Report Attributes
Report Details
Report Title
Homeopathic Eye Drops Market Research Report
By Type
Euphrasia Eye Drop, Cineraria Eye Drop, Others
By Application
Hospitals, Clinics, Others
By Companies
A.Vogel, Willmar Schwabe Group, Similasan, Dr. Reckeweg & Co. GmbH, Hylo, SBL, Cineraria Remedies Pvt. Ltd, Natural Ophthalmics, Weleda
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
210
Number of Tables & Figures
147
Customization Available
Yes, the report can be customized as per your need.
Global Homeopathic Eye Drops Market Report Segments:
The global Homeopathic Eye Drops market is segmented on the basis of:
Types
Euphrasia Eye Drop, Cineraria Eye Drop, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals, Clinics, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- A.Vogel
- Willmar Schwabe Group
- Similasan
- Dr. Reckeweg & Co. GmbH
- Hylo
- SBL
- Cineraria Remedies Pvt. Ltd
- Natural Ophthalmics
- Weleda
Highlights of The Homeopathic Eye Drops Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Euphrasia Eye Drop
- Cineraria Eye Drop
- Others
- By Application:
- Hospitals
- Clinics
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Homeopathic Eye Drops Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Homeopathic eye drops are a type of medication that is made from a diluted form of the homeopathic remedy. Homeopathy is an ancient system of medicine that uses tiny doses of substances to treat illnesses.
Some of the key players operating in the homeopathic eye drops market are A.Vogel, Willmar Schwabe Group, Similasan, Dr. Reckeweg & Co. GmbH, Hylo, SBL, Cineraria Remedies Pvt. Ltd, Natural Ophthalmics, Weleda.
The homeopathic eye drops market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Homeopathic Eye Drops Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Homeopathic Eye Drops Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Homeopathic Eye Drops Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Homeopathic Eye Drops Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Homeopathic Eye Drops Market Size & Forecast, 2020-2028
4.5.1 Homeopathic Eye Drops Market Size and Y-o-Y Growth
4.5.2 Homeopathic Eye Drops Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Euphrasia Eye Drop
5.2.2 Cineraria Eye Drop
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Clinics
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Homeopathic Eye Drops Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Homeopathic Eye Drops Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Euphrasia Eye Drop
9.6.2 Cineraria Eye Drop
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Clinics
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Euphrasia Eye Drop
10.6.2 Cineraria Eye Drop
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Clinics
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Euphrasia Eye Drop
11.6.2 Cineraria Eye Drop
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Clinics
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Euphrasia Eye Drop
12.6.2 Cineraria Eye Drop
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Clinics
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Euphrasia Eye Drop
13.6.2 Cineraria Eye Drop
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Clinics
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Homeopathic Eye Drops Market: Competitive Dashboard
14.2 Global Homeopathic Eye Drops Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 A.Vogel
14.3.2 Willmar Schwabe Group
14.3.3 Similasan
14.3.4 Dr. Reckeweg & Co. GmbH
14.3.5 Hylo
14.3.6 SBL
14.3.7 Cineraria Remedies Pvt. Ltd
14.3.8 Natural Ophthalmics
14.3.9 Weleda
