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OTC Artificial Tears Market Report by Product, Container Type, Formulation, Application, Distribution Channel, and Region 2024-2032

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    Report

  • 146 Pages
  • March 2024
  • Region: Global
  • IMARC Group
  • ID: 5946754
Description Jump to:
The global OTC artificial tears market size reached US$ 5.2 Billion in 2023. Looking forward, the publisher expects the market to reach US$ 7.8 Billion by 2032, exhibiting a growth rate (CAGR) of 4.6% during 2023-2032.

Over the Counter (OTC) artificial tears are eye drops that are used for lubricating eyes and providing relief from pain, discomfort, burning, redness, photophobia and irritation in the eyes. They are manufactured using dextran, glycerin, propylene glycol, hydroxypropyl methylcellulose (HPMC) and carboxymethylcellulose. Artificial tears are widely used for the treatment of dry eyes, which is a medical condition when sufficient moisture or lubrication is not generated on the conjunctiva, cornea or entire surface of the eye. OTC artificial tears are biocompatible and aid in stabilizing the tear film, promoting healing and minimizing tear evaporation. In addition to this, OTC artificial tears are also available in ointment, spray, emulsion, solution and gel forms that are highly convenient use.

OTC Artificial Tears Market Trends:

The rising geriatric population that is prone to chronic eye-related disorders is one of the key factors driving the growth of the market. Due to the increasing prevalence of dry eye syndrome (DES), diabetes and nutritional deficiencies, there is a rising demand for OTC artificial tears to provide immediate relief from discomfort in the eyes. Additionally, the increasing utilization of electronics, such as smartphones, televisions (TVs) and laptops, leading to excessive screen time and eye fatigue, is positively impacting the adoption of OTC artificial tears. Various product innovations, such as the development of variants fortified with blink-activated coatings, are providing a thrust to the market growth. These coatings provide ocular hydration to patients suffering from evaporative dry eye syndrome. In line with this, the widespread product adoption with contact lenses to facilitate the flow of oxygen to the cornea and prevent dryness on the surface of the eyes is favoring the market growth. Other factors, including rising levels of pollution, especially in the urban regions, along with the increasing health consciousness among the masses, are anticipated to drive the market toward growth.

Key Market Segmentation:

The publisher provides an analysis of the key trends in each sub-segment of the global OTC artificial tears market report, along with forecasts at the global, regional and country level from 2024-2032. The report has categorized the market based on product, container type, formulation, application and distribution channel.

Breakup by Product:

  • Solution
  • Ointment
  • Emulsion
  • Gel
  • Spray Solution
  • Suspensions

Breakup by Container Type:

  • Plastic Single Dose Container
  • Plastic Multi-Dose Container
  • Others

Breakup by Formulation:

  • Preservative Based
  • Non-Preservative Based

Breakup by Application:

  • Dry Eye Syndrome
  • Allergies
  • Infections
  • UV and Blue Light Protection
  • Contact Lens Moisture Retention
  • Others

Breakup by Distribution Channel:

  • Hospital Pharmacies
  • Drug Store and Retail Pharmacies
  • Online Pharmacies

Breakup by Region:

  • North America
  • United States
  • Canada
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
  • Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
  • Latin America
  • Brazil
  • Mexico
  • Others
  • Middle East and Africa

Competitive Landscape:

  • The competitive landscape of the industry has also been examined along with the profiles of the key players being AbbVie Inc., Akorn Inc., Alcon, Bausch Health Companies Inc., Johnson & Johnson, Nicox S.A., OASIS Medical, OCuSOFT Inc., Santen Pharmaceutical Co. Ltd., Similasan Corporation, Sun Pharmaceutical Industries Ltd. and URSAPHARM Arzneimittel GmbH

Key Questions Answered in This Report

1. What was the size of the global OTC artificial tears market in 2023?
2. What is the expected growth rate of the global OTC artificial tears market during 2024-2032?
3. What are the key factors driving the global OTC artificial tears market?
4. What has been the impact of COVID-19 on the global OTC artificial tears market?
5. What is the breakup of the global OTC artificial tears market based on the product?
6. What is the breakup of the global OTC artificial tears market based on the container type?
7. What is the breakup of the global OTC artificial tears market based on formulation?
8. What is the breakup of the global OTC artificial tears market based on the application?
9. What is the breakup of the global OTC artificial tears market based on the distribution channel?
10. What are the key regions in the global OTC artificial tears market?
11. Who are the key players/companies in the global OTC artificial tears market?

Table of Contents

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 Global OTC Artificial Tears Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Product
6.1 Solution
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Ointment
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Emulsion
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Gel
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Spray Solution
6.5.1 Market Trends
6.5.2 Market Forecast
6.6 Suspensions
6.6.1 Market Trends
6.6.2 Market Forecast
7 Market Breakup by Container Type
7.1 Plastic Single Dose Container
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Plastic Multi-Dose Container
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Others
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by Formulation
8.1 Preservative Based
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Non-Preservative Based
8.2.1 Market Trends
8.2.2 Market Forecast
9 Market Breakup by Application
9.1 Dry Eye Syndrome
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Allergies
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Infections
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 UV and Blue Light Protection
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Contact Lens Moisture Retention
9.5.1 Market Trends
9.5.2 Market Forecast
9.6 Others
9.6.1 Market Trends
9.6.2 Market Forecast
10 Market Breakup by Distribution Channel
10.1 Hospital Pharmacies
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 Drug Store and Retail Pharmacies
10.2.1 Market Trends
10.2.2 Market Forecast
10.3 Online Pharmacies
10.3.1 Market Trends
10.3.2 Market Forecast
11 Market Breakup by Region
11.1 North America
11.1.1 United States
11.1.1.1 Market Trends
11.1.1.2 Market Forecast
11.1.2 Canada
11.1.2.1 Market Trends
11.1.2.2 Market Forecast
11.2 Asia-Pacific
11.2.1 China
11.2.1.1 Market Trends
11.2.1.2 Market Forecast
11.2.2 Japan
11.2.2.1 Market Trends
11.2.2.2 Market Forecast
11.2.3 India
11.2.3.1 Market Trends
11.2.3.2 Market Forecast
11.2.4 South Korea
11.2.4.1 Market Trends
11.2.4.2 Market Forecast
11.2.5 Australia
11.2.5.1 Market Trends
11.2.5.2 Market Forecast
11.2.6 Indonesia
11.2.6.1 Market Trends
11.2.6.2 Market Forecast
11.2.7 Others
11.2.7.1 Market Trends
11.2.7.2 Market Forecast
11.3 Europe
11.3.1 Germany
11.3.1.1 Market Trends
11.3.1.2 Market Forecast
11.3.2 France
11.3.2.1 Market Trends
11.3.2.2 Market Forecast
11.3.3 United Kingdom
11.3.3.1 Market Trends
11.3.3.2 Market Forecast
11.3.4 Italy
11.3.4.1 Market Trends
11.3.4.2 Market Forecast
11.3.5 Spain
11.3.5.1 Market Trends
11.3.5.2 Market Forecast
11.3.6 Russia
11.3.6.1 Market Trends
11.3.6.2 Market Forecast
11.3.7 Others
11.3.7.1 Market Trends
11.3.7.2 Market Forecast
11.4 Latin America
11.4.1 Brazil
11.4.1.1 Market Trends
11.4.1.2 Market Forecast
11.4.2 Mexico
11.4.2.1 Market Trends
11.4.2.2 Market Forecast
11.4.3 Others
11.4.3.1 Market Trends
11.4.3.2 Market Forecast
11.5 Middle East and Africa
11.5.1 Market Trends
11.5.2 Market Breakup by Country
11.5.3 Market Forecast
12 SWOT Analysis
12.1 Overview
12.2 Strengths
12.3 Weaknesses
12.4 Opportunities
12.5 Threats
13 Value Chain Analysis
14 Porters Five Forces Analysis
14.1 Overview
14.2 Bargaining Power of Buyers
14.3 Bargaining Power of Suppliers
14.4 Degree of Competition
14.5 Threat of New Entrants
14.6 Threat of Substitutes
15 Price Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Key Players
16.3 Profiles of Key Players
16.3.1 AbbVie Inc.
16.3.1.1 Company Overview
16.3.1.2 Product Portfolio
16.3.1.3 Financials
16.3.1.4 SWOT Analysis
16.3.2 Akorn Inc.
16.3.2.1 Company Overview
16.3.2.2 Product Portfolio
16.3.2.3 Financials
16.3.2.4 SWOT Analysis
16.3.3 Alcon
16.3.3.1 Company Overview
16.3.3.2 Product Portfolio
16.3.3.3 Financials
16.3.4 Bausch Health Companies Inc.
16.3.4.1 Company Overview
16.3.4.2 Product Portfolio
16.3.4.3 Financials
16.3.4.4 SWOT Analysis
16.3.5 Johnson & Johnson
16.3.5.1 Company Overview
16.3.5.2 Product Portfolio
16.3.5.3 Financials
16.3.5.4 SWOT Analysis
16.3.6 Nicox S.A.
16.3.6.1 Company Overview
16.3.6.2 Product Portfolio
16.3.6.3 Financials
16.3.7 OASIS Medical
16.3.7.1 Company Overview
16.3.7.2 Product Portfolio
16.3.8 OCuSOFT Inc.
16.3.8.1 Company Overview
16.3.8.2 Product Portfolio
16.3.9 Santen Pharmaceutical Co. Ltd.
16.3.9.1 Company Overview
16.3.9.2 Product Portfolio
16.3.9.3 Financials
16.3.9.4 SWOT Analysis
16.3.10 Similasan Corporation
16.3.10.1 Company Overview
16.3.10.2 Product Portfolio
16.3.11 Sun Pharmaceutical Industries Ltd.
16.3.11.1 Company Overview
16.3.11.2 Product Portfolio
16.3.11.3 Financials
16.3.11.4 SWOT Analysis
16.3.12 URSAPHARM Arzneimittel GmbH
16.3.12.1 Company Overview
16.3.12.2 Product Portfolio
List of Figures
Figure 1: Global: OTC Artificial Tears Market: Major Drivers and Challenges
Figure 2: Global: OTC Artificial Tears Market: Sales Value (in Billion US$), 2018-2023
Figure 3: Global: OTC Artificial Tears Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 4: Global: OTC Artificial Tears Market: Breakup by Product (in %), 2023
Figure 5: Global: OTC Artificial Tears Market: Breakup by Container Type (in %), 2023
Figure 6: Global: OTC Artificial Tears Market: Breakup by Formulation (in %), 2023
Figure 7: Global: OTC Artificial Tears Market: Breakup by Application (in %), 2023
Figure 8: Global: OTC Artificial Tears Market: Breakup by Distribution Channel (in %), 2023
Figure 9: Global: OTC Artificial Tears Market: Breakup by Region (in %), 2023
Figure 10: Global: OTC Artificial Tears (Solution) Market: Sales Value (in Million US$), 2018 & 2023
Figure 11: Global: OTC Artificial Tears (Solution) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 12: Global: OTC Artificial Tears (Ointment) Market: Sales Value (in Million US$), 2018 & 2023
Figure 13: Global: OTC Artificial Tears (Ointment) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 14: Global: OTC Artificial Tears (Emulsion) Market: Sales Value (in Million US$), 2018 & 2023
Figure 15: Global: OTC Artificial Tears (Emulsion) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 16: Global: OTC Artificial Tears (Gel) Market: Sales Value (in Million US$), 2018 & 2023
Figure 17: Global: OTC Artificial Tears (Gel) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 18: Global: OTC Artificial Tears (Spray Solution) Market: Sales Value (in Million US$), 2018 & 2023
Figure 19: Global: OTC Artificial Tears (Spray Solution) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 20: Global: OTC Artificial Tears (Suspensions) Market: Sales Value (in Million US$), 2018 & 2023
Figure 21: Global: OTC Artificial Tears (Suspensions) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 22: Global: OTC Artificial Tears (Plastic Single Dose Container) Market: Sales Value (in Million US$), 2018 & 2023
Figure 23: Global: OTC Artificial Tears (Plastic Single Dose Container) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 24: Global: OTC Artificial Tears (Plastic Multi-Dose Container) Market: Sales Value (in Million US$), 2018 & 2023
Figure 25: Global: OTC Artificial Tears (Plastic Multi-Dose Container) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 26: Global: OTC Artificial Tears (Other Container Types) Market: Sales Value (in Million US$), 2018 & 2023
Figure 27: Global: OTC Artificial Tears (Other Container Types) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 28: Global: OTC Artificial Tears (Preservative Based) Market: Sales Value (in Million US$), 2018 & 2023
Figure 29: Global: OTC Artificial Tears (Preservative Based) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 30: Global: OTC Artificial Tears (Non-Preservative Based) Market: Sales Value (in Million US$), 2018 & 2023
Figure 31: Global: OTC Artificial Tears (Non-Preservative Based) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 32: Global: OTC Artificial Tears (Dry Eye Syndrome) Market: Sales Value (in Million US$), 2018 & 2023
Figure 33: Global: OTC Artificial Tears (Dry Eye Syndrome) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 34: Global: OTC Artificial Tears (Allergies) Market: Sales Value (in Million US$), 2018 & 2023
Figure 35: Global: OTC Artificial Tears (Allergies) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 36: Global: OTC Artificial Tears (Infections) Market: Sales Value (in Million US$), 2018 & 2023
Figure 37: Global: OTC Artificial Tears (Infections) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 38: Global: OTC Artificial Tears (UV and Blue Light Protection) Market: Sales Value (in Million US$), 2018 & 2023
Figure 39: Global: OTC Artificial Tears (UV and Blue Light Protection) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 40: Global: OTC Artificial Tears (Contact Lens Moisture Retention) Market: Sales Value (in Million US$), 2018 & 2023
Figure 41: Global: OTC Artificial Tears (Contact Lens Moisture Retention) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 42: Global: OTC Artificial Tears (Other Applications) Market: Sales Value (in Million US$), 2018 & 2023
Figure 43: Global: OTC Artificial Tears (Other Applications) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 44: Global: OTC Artificial Tears (Hospital Pharmacies) Market: Sales Value (in Million US$), 2018 & 2023
Figure 45: Global: OTC Artificial Tears (Hospital Pharmacies) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 46: Global: OTC Artificial Tears (Drug Store and Retail Pharmacies) Market: Sales Value (in Million US$), 2018 & 2023
Figure 47: Global: OTC Artificial Tears (Drug Store and Retail Pharmacies) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 48: Global: OTC Artificial Tears (Online Pharmacies) Market: Sales Value (in Million US$), 2018 & 2023
Figure 49: Global: OTC Artificial Tears (Online Pharmacies) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 50: North America: OTC Artificial Tears Market: Sales Value (in Million US$), 2018 & 2023
Figure 51: North America: OTC Artificial Tears Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 52: United States: OTC Artificial Tears Market: Sales Value (in Million US$), 2018 & 2023
Figure 53: United States: OTC Artificial Tears Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 54: Canada: OTC Artificial Tears Market: Sales Value (in Million US$), 2018 & 2023
Figure 55: Canada: OTC Artificial Tears Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 56: Asia-Pacific: OTC Artificial Tears Market: Sales Value (in Million US$), 2018 & 2023
Figure 57: Asia-Pacific: OTC Artificial Tears Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 58: China: OTC Artificial Tears Market: Sales Value (in Million US$), 2018 & 2023
Figure 59: China: OTC Artificial Tears Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 60: Japan: OTC Artificial Tears Market: Sales Value (in Million US$), 2018 & 2023
Figure 61: Japan: OTC Artificial Tears Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 62: India: OTC Artificial Tears Market: Sales Value (in Million US$), 2018 & 2023
Figure 63: India: OTC Artificial Tears Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 64: South Korea: OTC Artificial Tears Market: Sales Value (in Million US$), 2018 & 2023
Figure 65: South Korea: OTC Artificial Tears Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 66: Australia: OTC Artificial Tears Market: Sales Value (in Million US$), 2018 & 2023
Figure 67: Australia: OTC Artificial Tears Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 68: Indonesia: OTC Artificial Tears Market: Sales Value (in Million US$), 2018 & 2023
Figure 69: Indonesia: OTC Artificial Tears Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 70: Others: OTC Artificial Tears Market: Sales Value (in Million US$), 2018 & 2023
Figure 71: Others: OTC Artificial Tears Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 72: Europe: OTC Artificial Tears Market: Sales Value (in Million US$), 2018 & 2023
Figure 73: Europe: OTC Artificial Tears Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 74: Germany: OTC Artificial Tears Market: Sales Value (in Million US$), 2018 & 2023
Figure 75: Germany: OTC Artificial Tears Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 76: France: OTC Artificial Tears Market: Sales Value (in Million US$), 2018 & 2023
Figure 77: France: OTC Artificial Tears Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 78: United Kingdom: OTC Artificial Tears Market: Sales Value (in Million US$), 2018 & 2023
Figure 79: United Kingdom: OTC Artificial Tears Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 80: Italy: OTC Artificial Tears Market: Sales Value (in Million US$), 2018 & 2023
Figure 81: Italy: OTC Artificial Tears Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 82: Spain: OTC Artificial Tears Market: Sales Value (in Million US$), 2018 & 2023
Figure 83: Spain: OTC Artificial Tears Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 84: Russia: OTC Artificial Tears Market: Sales Value (in Million US$), 2018 & 2023
Figure 85: Russia: OTC Artificial Tears Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 86: Others: OTC Artificial Tears Market: Sales Value (in Million US$), 2018 & 2023
Figure 87: Others: OTC Artificial Tears Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 88: Latin America: OTC Artificial Tears Market: Sales Value (in Million US$), 2018 & 2023
Figure 89: Latin America: OTC Artificial Tears Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 90: Brazil: OTC Artificial Tears Market: Sales Value (in Million US$), 2018 & 2023
Figure 91: Brazil: OTC Artificial Tears Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 92: Mexico: OTC Artificial Tears Market: Sales Value (in Million US$), 2018 & 2023
Figure 93: Mexico: OTC Artificial Tears Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 94: Others: OTC Artificial Tears Market: Sales Value (in Million US$), 2018 & 2023
Figure 95: Others: OTC Artificial Tears Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 96: Middle East and Africa: OTC Artificial Tears Market: Sales Value (in Million US$), 2018 & 2023
Figure 97: Middle East and Africa: OTC Artificial Tears Market: Breakup by Country (in %), 2023
Figure 98: Middle East and Africa: OTC Artificial Tears Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 99: Global: OTC Artificial Tears Industry: SWOT Analysis
Figure 100: Global: OTC Artificial Tears Industry: Value Chain Analysis
Figure 101: Global: OTC Artificial Tears Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: OTC Artificial Tears Market: Key Industry Highlights, 2023 and 2032
Table 2: Global: OTC Artificial Tears Market Forecast: Breakup by Product (in Million US$), 2024-2032
Table 3: Global: OTC Artificial Tears Market Forecast: Breakup by Container Type (in Million US$), 2024-2032
Table 4: Global: OTC Artificial Tears Market Forecast: Breakup by Formulation (in Million US$), 2024-2032
Table 5: Global: OTC Artificial Tears Market Forecast: Breakup by Application (in Million US$), 2024-2032
Table 6: Global: OTC Artificial Tears Market Forecast: Breakup by Distribution Channel (in Million US$), 2024-2032
Table 7: Global: OTC Artificial Tears Market Forecast: Breakup by Region (in Million US$), 2024-2032
Table 8: Global: OTC Artificial Tears Market: Competitive Structure
Table 9: Global: OTC Artificial Tears Market: Key Players

Companies Mentioned

  • AbbVie Inc.
  • Akorn Inc.
  • Alcon
  • Bausch Health Companies Inc.
  • Johnson & Johnson
  • Nicox S.A.
  • OASIS Medical
  • OCuSOFT Inc.
  • Santen Pharmaceutical Co. Ltd.
  • Similasan Corporation
  • Sun Pharmaceutical Industries Ltd
  • URSAPHARM Arzneimittel GmbH.

Methodology

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Table Information

Report AttributeDetails
No. of Pages146
PublishedMarch 2024
Forecast Period2023 - 2032
Estimated Market Value ( USD ) in 2023 $ 5.2 Billion
Forecasted Market Value ( USD ) by 2032 $ 7.8 Billion
Compound Annual Growth Rate4.6%
Regions CoveredGlobal
No. of Companies Mentioned12

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