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China Artificial Tears Market: Market Size, Share and Forecast 2019-2025

China Artificial Tears Market: Market Size, Share and Forecast 2019-2025

Submitted by • January 23, 2020 www.omrglobal.com

China Artificial Tears Market is estimated to grow considerably at a CAGR of around 5.2% during the forecast period. China has been anticipated to witness considerable growth in the artificial tears market due to a considerable rise in the aging population in the country. According to the State Council of the People’s Republic of China, the country had over 230.8 million people with the age of 60 or more in 2016. It represents 16.7% of the overall population in China. Among these people, nearly 150 million people aged 60 or over, which is 10.8% of the overall population. According to the United Nations (UN), China will take 20 years to double the proportion of the elderly population from 10% to 20% during the period (2017-2037).

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