India has a fast-evolving pharmaceutical market. The ophthalmic segment is also going through humongous growth as there is an increasing spread of eye diseases. Figures indicate that nearly 275 million Indians suffer from eye disorders. Hence, there is a greater demand for good eye care treatments. Ophthalmic drops manufacturers in India are leading the charge in meeting this demand. Eye drops for dry eyes, infection, allergy, and glaucoma are being manufactured by Indian firms. In addition, the market is forecasted to grow at a CAGR of 6.5%, a demand matched by formulation innovation and growing demand for cost-effective treatment.
OphthaVends is a well-established ophthalmic manufacturer in India offering all kinds of quality eye drops. Hence, in this blog , we will discuss all about the rise of ophthalmic drop manufacturers in India. For more information contact us now on – +91-9988171626 or mail us at info@ophthavends.in
What is the Reason Behind the Swift Rise in Demand for Ophthalmic Drops?
- India is also witnessing a major rise in eye disease. All these factors, such as pollution, screen time, and age, are driving this demand, increasing in the form of ophthalmic drops. Furthermore, manufacturers of ophthalmic drops are expanding their capacities to meet this growing demand.
- In addition, dry eye syndrome is one of the major growth factors of this market. Research shows that more than 32% of Indians are affected by excessive smartphone use. Lubricating eye drops that offer relief are in high demand.
- But another driver is the prevalence of eye infections. The condition and other infections must be treated immediately, and hence, antibiotic eye drops have become a standard item. Indian ophthalmic product manufacturers are focusing on developing innovative products that give relief immediately.
- Apart from this, the rising elderly population is driving the growth of glaucoma medicines. India alone has over 12 million glaucoma patients alone. Moreover, it is the second most common cause of blindness.
- The fact that they are being produced at low cost locally in India also increases demand. Foreign suppliers are expensive, whereas ophthalmic drops manufacturers in India produce eye drops at a low cost with high quality. This makes primary eye care products affordable even to rural people.
How Are Ophthalmic Drops Manufacturers in India Changing the Market?
Advanced Manufacturing Processes & Quality Levels
Ophthalmic products manufacturers in India are adopting the most advanced technology to improve product quality. Technology-based plants follow WHO-GMP and ISO guidelines to deliver safe and effective products.
There are rigorous quality control processes for sterility, purity, and correct formulation. There are processes by which eye drops produced in India are on par with international safety standards.
Expansion of Product Ranges & Innovation
The market is witnessing rapid innovation. Now companies are setting their sights on preservative-free products to try to reduce irritation and side effects. Disposable lens eye drops are also being promoted by consumers aimed at organic products, such as Herbal and Ayurvedic.
Indian pharmaceutical companies are also formulating multi-purpose eye drops for most diseases. Combination drops for allergy, dry eye, and infection are treating numerous diseases in patients. Hence increasing the success rate of treatment.
Growth in Contract Manufacturing
India is becoming a contract manufacturing centre. Ophthalmic products manufacturers in India are the first choice of most multinationals to outsource production based on quality and cost. This has also enhanced India’s global presence in the pharma sector.
Exports of ophthalmic drops are growing by an extraordinary percentage. More than 80 countries in India are sending eye drops from India, which makes the country look like a big manufacturer of ophthalmologic products in India. This trend is likely to continue as international demand grows.
Wrap Up
There is a revolutionizing rise of Ophthalmic drops manufacturers in India. Since there is an increased need for eye care products, the manufacturers are focusing on innovation, quality, and cost. One of the leading companies in this field is OphthaVends. They are offering innovative and dependable solutions in the ophthalmic industry. The industry is going to grow constantly, and India will become a formidable force to reckon with globally in the Eye Care Solution sector.
Frequently Asked Questions
Q.1 How do ophthalmic manufacturers in India ensure product quality?
Ans. They adhere to WHO-GMP and ISO standards, employ the most recent sterilization methods & perform strict quality tests to guarantee safety standards for the products.
Q.2 Are Ophthalmic drops manufacturers in India exporting their products?
Ans. Incidentally, Indian companies transport eye drops to more than 80 countries, which adds to India’s position in the international pharma sector even more.
Q.3 What types of ophthalmic products are in high demand?
Ans. Dry eye drops, allergy drops, antibiotic drops, and glaucoma drugs are some of the most popular ophthalmic drugs in India.