Ophthalmology Viscosurgical Devices Market: By Product Type, By Application, By End-user and Region Forecast 2019-2030

Ophthalmology Viscosurgical Devices Market Size, Share, Growth, Trends, and Global Industry Analysis: By Product Type (Cohesive OVD, Dispersive OVD, Combined), By Application (Cataract Surgery, Vitreoretinal Surgery, Canaloplasty, Refractive Surgery, Keratoplasty, Other Applications), By End-user (Hospital, Ambulatory Surgical Centres, Eye Specialty Clinics) and Region Forecast 2019-2030

Ophthalmology Viscosurgical Devices Market size was valued at US$ 360 million in the year 2023 and is anticipated to reach 458.02 million by 2030 growing at a CAGR of 3.5% from 2024-2030. Cataracts are treated with ophthalmology viscosurgical devices (OVDs) with minimal disturbance to the eye structure. These are solutions or agents which contain chemicals like methylcellulose, hydroxypropyl, sodium hyaluronate, and chondroitin sulfate. Ophthalmic Visco Surgical Devices are also called as viscoelastic agents and a vital tool for the anterior segment surgeon. To create and maintain space in the anterior chamber of the eye during phacoemulsification and insertion of intraocular lens these ophthalmology viscosurgical devices are used.

These are the transparent and gel substances with elastic and viscous properties. market report gives a comprehensive outlook on the global market scenario, growth trends, and shares, with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. The report gives historical, current, and future market sizes (US$ Mn) on the basis of product type, application, end-user, and region.

This report studies global market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, the report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, Key stakeholders of the report include manufacturers, distributors, policy makers, and service providers engaged in Ophthalmology Viscosurgical Devices.

Global Ophthalmology Visco Surgical Devices Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

3.5%

Largest Market

North America

Fastest Growing Market

Asia Pacific

Ophthalmology Viscosurgical Devices Market Dynamics

Rise in cataract procedures is the major factor which is bolstering ophthalmic viscosurgical devices market growth. Rapid rise in the geriatric population which results in the rise of incidences and prevalence of various ocular disorders such as high myopia, diabetic retinopathy and cataract. Rise in awareness campaigns by NGOs about the seriousness of ocular disorders is expected to be one of the factor in boosting the growth of the ophthalmology viscosurgical devices market. However, shortage in skilled ophthalmologists, limited availability of the screening equipment in undeveloped countries are some of the factors that may hinder the global ophthalmic visco surgical devices market growth.

Global Ophthalmology Visco Surgical Devices Market Segmentation Analysis

Report Benchmarks

Details

Report Study Period

2024-2030

Market CAGR

3.5%

By Product Type

  • Cohesive OVD
  • Dispersive OVD
  • Combined

By Application

  • Cataract Surgery
  • Vitreoretinal Surgery
  • Canaloplasty
  • Refractive Surgery
  • Keratoplasty
  • Other Applications

By End User

  • Hospital
  • Ambulatory Surgical Centres
  • Eye Specialty Clinics

By Region

  • North America (U.S., Canada)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
  • Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
  • Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)

Key Features of the Report

  • The ophthalmology visco surgical devices market report provides granular level information about the market size, regional market share, historic market (2019 to 2023) and forecast (2024 to 2030)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis

Download Free Sample Report

Frequently Asked Questions

The ophthalmology visco surgical devices market size was valued at US$ 360 million in 2023

The ophthalmology visco surgical devices market key players are: Carl Zeiss Meditec AG (Germany) and Abbott Laboratories (U.S.) Novartis AG (Switzerland) Valeant (Canada) Hyaltech Ltd. (U.K.) CIMA Technology Inc. (U.S.) Rayner (U.K.)

The market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.

Author image

Author

Muni Kumar Meravath

Muni Kumar Meravath is a seasoned Healthcare Market Research Analyst with over 6 years of experience in the healthc.....

Key Market Players

  • Carl Zeiss Meditec AG (Germany)
  • Abbott Laboratories (U.S.)
  • Novartis AG (Switzerland)
  • Valeant (Canada)
  • Hyaltech Ltd. (U.K.)
  • CIMA Technology Inc. (U.S.)
  • Rayner (U.K.)

Related Industry Reports